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STOWERS RESOURCE MANAGEMENT INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
STOWERS RESOURCE MANAGEMENT INC (EIN 41-2186719)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-14
IRS object ID
202501349349302275
Schema version
2023v6.0
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

FieldValueIRS element (for citing)
Return2025-05-14T08:44:50+00:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN440160260PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Forvis Mazars LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11201 Walnut Suite 1700AddressLine1Txt
CityKansas CityCityNm
State AbbreviationMOStateAbbreviationCd
ZIP641062246ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN412186719EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STOWERS RESOURCE MANAGEMENT INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTOWBusinessNameControlTxt
Phone8169264000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 EAST 50TH STREETAddressLine1Txt
CityKANSAS CITYCityNm
State AbbreviationMOStateAbbreviationCd
ZIP64110ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJONATHAN THOMASPersonNm
Person TitleDIRECTOR/CHAIRPersonTitleTxt
Signature2025-05-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichael EnglePreparerPersonNm
PTINP00482834PTIN
Phone8162216300PhoneNum
Preparation2025-05-14PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1JONATHAN THOMASBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 EAST 50TH STREETAddressLine1Txt
CityKANSAS CITYCityNm
State AbbreviationMOStateAbbreviationCd
ZIP64110ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$259,938,145GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.STOWERS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2005FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionSTOWERS RESOURCE MANAGEMENT ("SRM") SUPPORTS THE ACTIVITIES OF STOWERS INSTITUTE FOR MEDICAL RESEARCH ("SIMR") WHICH CONDUCTS BASIC CELL AND MOLECULAR BIOLOGY RESEARCH AND THE GRADUATE SCHOOL OF THE STOWERS INSTITUTE FOR MEDICAL RESEARCH ("GSSIMR") WHICH PROVIDES GRADUATE EDUCATION THAT WILL PREPARE SCHOLARS FOR SCIENTIFIC RESEARCH IN THE BIOLOGICAL SCIENCES.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee162TotalEmployeeCnt
Total Volunteers11TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,179,772PYContributionsGrantsAmt
CY Contributions Grants$2,060,375CYContributionsGrantsAmt
PY Program Service Revenue$17,270,334PYProgramServiceRevenueAmt
CY Program Service Revenue$40,450,210CYProgramServiceRevenueAmt
PY Investment Income$2,498,256PYInvestmentIncomeAmt
CY Investment Income$114,591,270CYInvestmentIncomeAmt
PY Other Revenue$15,264PYOtherRevenueAmt
CY Other Revenue$30,537CYOtherRevenueAmt
PY Total Revenue$20,963,626PYTotalRevenueAmt
CY Total Revenue$157,132,392CYTotalRevenueAmt
PY Grants And Similar Paid$44,067,843PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$115,000,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$12,144,951PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$26,815,636CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$542,316CYTotalFundraisingExpenseAmt
PY Other Expenses$12,466,483PYOtherExpensesAmt
CY Other Expenses$30,592,388CYOtherExpensesAmt
PY Total Expenses$68,679,277PYTotalExpensesAmt
CY Total Expenses$172,408,024CYTotalExpensesAmt
PY Revenues Less Expenses-$47,715,651PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$15,275,632CYRevenuesLessExpensesAmt
Total Assets BOY$1,754,575,141TotalAssetsBOYAmt
Total Assets EOY$1,998,285,855TotalAssetsEOYAmt
Total Liabilities BOY$296,515,132TotalLiabilitiesBOYAmt
Total Liabilities EOY$301,748,613TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,458,060,009NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,696,537,242NetAssetsOrFundBalancesEOYAmt
MissionSEE SCHEDULE OMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$115,000,000ExpenseAmt
Grant$115,000,000GrantAmt
Revenue$0RevenueAmt
DescFINANCIAL SUPPORT - SRM MONITORS THE FINANCIAL NEEDS OF SIMR SO SIMR CAN CONDUCT ITS MEDICAL RESEARCH IN THE PUBLIC INTEREST AND MAKES CONTRIBUTIONS TO SIMR TO SUPPORT ITS MEDICAL RESEARCH ACTIVITIES. THE CONTRIBUTIONS ARE MADE AS DETERMINED BY SRM'S BOARD OF DIRECTORS AFTER REVIEW OF FINANCIAL INFORMATION, BUDGETS, STRATEGIES AND OTHER RELEVANT INFORMATION. SRM PROVIDED $93,000,000 TO SIMR, A RELATED 501(C)(3) ORGANIZATION, FOR ENDOWMENT SUPPORT AND $22,000,000 TO BIOMED VALLEY CORPORATION ("BVC"), A RELATED 501(C)(3) CORPORATION, FOR ENDOWMENT SUPPORT.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$40,450,210ExpenseAmt
Grant$0GrantAmt
Revenue$40,450,210RevenueAmt
DescMANAGEMENT, ADMINISTRATIVE AND OPERATION SUPPORT SERVICES - SRM PROVIDES MANAGEMENT SUPPORT TO SIMR THAT INVOLVES ASSISTING IN PLANNING FOR THE STRATEGIC DIRECTION OF SIMR, OPERATIONAL PLANNING, AND THE DEVELOPMENT AND IMPLEMENTATION OF STRATEGIC BUSINESS PLANS AND BUDGETS. SRM ALSO PROVIDES ADDITIONAL ADMINISTRATIVE AND OPERATIONAL SUPPORT SERVICES TO SIMR AND GSSIMR THAT INCLUDES ACCOUNTING, FINANCE, HUMAN RESOURCES, INFORMATION TECHNOLOGY, AND OTHER SUPPORT ACTIVITIES, FOR WHICH SRM ALLOCATED COSTS TO SIMR IN THE AMOUNT OF $39,766,344 AS REPORTED ON PART VIII STATEMENT OF REVENUE LINE 2A, WITH RELATED INFORMATION ON SCHEDULE O.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$8,358,113ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescMANAGEMENT OF ENDOWMENT - SRM PARTICIPATES IN THE MANAGEMENT OF SIMR AND GSSIMR TO ENSURE THEIR FINANCIAL ABILITY TO CONTINUE IN PERPETUITY.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$163,808,323TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (true)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document75IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee162EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (true)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KATY GRAHAMBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8169264000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 EAST 50TH STREETAddressLine1Txt
CityKANSAS CITYCityNm
State AbbreviationMOStateAbbreviationCd
ZIP64110ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
CHARLES GERMAN
DIRECTOR/EVP/GENERAL COUNSEL40.09.0Yes (X)Yes (X)$1,110,953$0$79,359
GEORGE L SATTERLEE
DIRECTOR /EVP/HR40.02.0Yes (X)Yes (X)$494,387$0$81,376
JONATHAN THOMAS
DIR/VICE CHAIR2.04.0Yes (X)Yes (X)$0$0$0
RICHARD W BROWN
DIRECTOR/CHAIR/PRES/CEO40.09.0Yes (X)Yes (X)$2,963,544$0$83,699
ALBERZINE FREEMAN
DIRECTOR2.04.0Yes (X)$0$0$0
ALEJANDRO SNCHEZ ALVARADO
DIRECTOR2.042.0Yes (X)$0$1,031,058$691,736
BRENT KREIDER
DIRECTOR2.042.0Yes (X)$0$750,108$98,179
CICI ROJAS
DIRECTOR2.00.0Yes (X)$0$0$0
CLIFFORD W ILLIG
DIRECTOR2.02.0Yes (X)$0$0$0
DAVID A WELTE
DIRECTOR2.07.0Yes (X)$0$0$0
GINA KAISER
DIRECTOR2.00.0Yes (X)$0$0$0
JAMES E STOWERS III
DIRECTOR2.00.0Yes (X)$0$0$0
JOHN BLUFORD
DIRECTOR2.00.0Yes (X)$0$0$0
JULIE WILSON
DIRECTOR2.00.0Yes (X)$0$0$0
KAUSIK SI
DIRECTOR2.040.0Yes (X)$0$734,910$167,325
MAURICE WATSON
DIRECTOR2.00.0Yes (X)$0$0$0
PAM LOKKEN
DIRECTOR2.00.0Yes (X)$0$0$0
EVELYN TRAVNIK
VP/CIO40.00.0Yes (X)$14,222$0$3,951
JENNIFER H PAWLOSKY
CHIEF OF STAFF/VP OF COMM40.00.0Yes (X)$472,097$0$86,079
JOSELYN VERSCHELDEN
VP/DEPUTY GEN COUNSEL40.00.0Yes (X)$292,582$0$77,012
KIM CHEE
VP OF FINANCE40.00.0Yes (X)$318,317$0$66,256
PENNY M SPENCE
EVP/CFO40.011.0Yes (X)$715,752$0$73,207
TONYEA INGLIS
VP OF REGULATORY AFFAIRS40.00.0Yes (X)$210,957$0$63,943
JESSICA WITT
DIR OF IT40.00.0$244,298$0$59,332Yes (X)
KATY GRAHAM
DIR OF ACCOUNTING40.00.0$173,197$0$39,417Yes (X)
PATRICK MITCHELL JR
VP OF HR THRU 9/28/2340.02.0$1,161,799$0$73,131Yes (X)
SHAUN PRICE
DIR OF INFO SECURITY40.00.0$167,133$0$52,075Yes (X)
TIMOTHY J GEARY
DIR OF OPS AND SERVICES40.00.0$272,494$0$68,535Yes (X)
MICHAEL NEWHOUSE
FORMER DIR OF IT OPS0.00.0$256,250$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$8,867,982TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$2,516,076TotReportableCompRltdOrgAmt
Total Other Compensation$1,864,612TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K40IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
AMERICAN CENTURY INVESTMENT
4500 MAIN STREETKANSAS CITYMO64111INDIRECT - SEE SCHEDULE O$1,311,917
MIDWEST CONTRACT SERVICES
4741 CENTRAL STREETKANSAS CITYMO64112CLEANING & MAINTENANCE$938,160
BRYAN CAVE LEIGHTON PAISNER LLP
PO BOX 503089ST LOUISMO63150LEGAL SERVICES$901,906
FORVIS LLP
PO BOX 200870DALLASTX75320AUDIT & TAX SERVICES$412,322
Maggio & Katter PC
1800 Massachussets Ave NW Ste 300WashingtonDC20036Legal Services$366,595
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K25CntrctRcvdGreaterThan100KCnt
Federated Campaigns$0FederatedCampaignsAmt
Membership Dues$0MembershipDuesAmt
Fundraising$0FundraisingAmt
Related Organizations$0RelatedOrganizationsAmt
Government Grants$0GovernmentGrantsAmt
All Other Contributions$2,060,375AllOtherContributionsAmt
Noncash Contributions$940,995NoncashContributionsAmt
Total Contributions$2,060,375TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
REIMB. FROM SIMR, RELATED 501(C)(3)900099$39,766,344$39,766,344$0$0
REIMB. FROM BVD, RELATED C CORP900099$630,713$630,713$0$0
REIMB. FROM GSSIMR, RELATED 501(C)(3)900099$28,919$28,919$0$0
REIMB. FROM SPI, RELATED 501(C)(4)900099$24,234$24,234$0$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$40,450,210TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$117,664,240TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$117,664,240ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$26,354RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$26,354RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$26,354TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$26,354ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$99,725,318SecuritiesAmt
Other$7,465OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$102,790,318SecuritiesAmt
Other$15,435OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$3,065,000SecuritiesAmt
Other-$7,970OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$3,072,970TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$3,072,970ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISSOURI TIMELY FILING DISCOUNTDesc
Business900099BusinessCd
Total Revenue Column$4,183TotalRevenueColumnAmt
Exclusion$4,183ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$4,183OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$157,132,392TotalRevenueColumnAmt
Related Or Exempt Func Income$40,450,210RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$114,621,807ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$115,000,000TotalAmt
Program Services$115,000,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$7,221,774TotalAmt
Program Services$6,499,597ProgramServicesAmt
Management And General$649,960ManagementAndGeneralAmt
Fundraising$72,217FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$14,093,333TotalAmt
Program Services$12,684,000ProgramServicesAmt
Management And General$1,268,400ManagementAndGeneralAmt
Fundraising$140,933FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,769,369TotalAmt
Program Services$1,592,432ProgramServicesAmt
Management And General$159,243ManagementAndGeneralAmt
Fundraising$17,694FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$2,632,438TotalAmt
Program Services$2,369,194ProgramServicesAmt
Management And General$236,919ManagementAndGeneralAmt
Fundraising$26,325FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,098,722TotalAmt
Program Services$988,850ProgramServicesAmt
Management And General$98,885ManagementAndGeneralAmt
Fundraising$10,987FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,487,248TotalAmt
Program Services$0ProgramServicesAmt
Management And General$1,487,248ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$297,149TotalAmt
Program Services$0ProgramServicesAmt
Management And General$297,149ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt
Fundraising$0FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,392,157TotalAmt
Program Services$0ProgramServicesAmt
Management And General$1,392,157ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,616,178TotalAmt
Program Services$2,354,560ProgramServicesAmt
Management And General$235,456ManagementAndGeneralAmt
Fundraising$26,162FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$44,913TotalAmt
Program Services$40,422ProgramServicesAmt
Management And General$4,042ManagementAndGeneralAmt
Fundraising$449FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$332,841TotalAmt
Program Services$299,557ProgramServicesAmt
Management And General$29,956ManagementAndGeneralAmt
Fundraising$3,328FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$622,856TotalAmt
Program Services$560,570ProgramServicesAmt
Management And General$56,057ManagementAndGeneralAmt
Fundraising$6,229FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,025,326TotalAmt
Program Services$3,622,793ProgramServicesAmt
Management And General$362,279ManagementAndGeneralAmt
Fundraising$40,254FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$121,868TotalAmt
Program Services$109,681ProgramServicesAmt
Management And General$10,968ManagementAndGeneralAmt
Fundraising$1,219FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$274,138TotalAmt
Program Services$246,724ProgramServicesAmt
Management And General$24,672ManagementAndGeneralAmt
Fundraising$2,742FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$9,870,645TotalAmt
Program Services$8,883,581ProgramServicesAmt
Management And General$888,358ManagementAndGeneralAmt
Fundraising$98,706FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,775,800TotalAmt
Program Services$1,598,220ProgramServicesAmt
Management And General$159,822ManagementAndGeneralAmt
Fundraising$17,758FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$509,987TotalAmt
Program Services$458,988ProgramServicesAmt
Management And General$45,899ManagementAndGeneralAmt
Fundraising$5,100FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MAINTENANCE EXPENSES$4,697,241$4,227,517$422,752$46,972
OPERATION SUPPLIES$920,638$828,574$82,857$9,207
DUES & MEMBERSHIPS$525,625$473,063$47,306$5,256
SEC. 4960 EXCISE TAX$283,610$255,249$25,525$2,836

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$794,168TotalAmt
Program Services$714,751ProgramServicesAmt
Management And General$71,475ManagementAndGeneralAmt
Fundraising$7,942FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$172,408,024TotalAmt
Program Services$163,808,323ProgramServicesAmt
Management And General$8,057,385ManagementAndGeneralAmt
Fundraising$542,316FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$572,671BOYAmt
EOY$382,251EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,274,639BOYAmt
EOY$2,335,972EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$19,279,557LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$16,888,846LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,768,265BOYAmt
EOY$2,390,711EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$517,106,372BOYAmt
EOY$520,823,170EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,216,690,639BOYAmt
EOY$1,464,816,380EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$14,162,555BOYAmt
EOY$7,537,371EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,754,575,141BOYAmt
EOY$1,998,285,855EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,139,667BOYAmt
EOY$9,770,823EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$290,000,000BOYAmt
EOY$290,000,000EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$375,465BOYAmt
EOY$1,977,790EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$296,515,132BOYAmt
EOY$301,748,613EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,456,190,198BOYAmt
EOY$1,694,245,867EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,869,811BOYAmt
EOY$2,291,375EOYAmt

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,458,060,009BOYAmt
EOY$1,696,537,242EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,754,575,141BOYAmt
EOY$1,998,285,855EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$15,275,632ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$252,780,865NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Investment Expense$0InvestmentExpenseAmt
Prior Period Adjustments$0PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$972,000OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations2SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (2 entries)

EINEINOrganization TypeOrganizationTypeCdGoverning Document ListedGoverningDocumentListedIndSupportSupportAmtOther SupportOtherSupportAmt
STOWERS INSTITUTE FOR MEDICAL RESEARCH
2029935094Yes (true)$93,000,000$0
THE GRADUATE SCHOOL OF THE STOWERS INST FOR MEDICAL RESEARCH
4645886962Yes (true)$0$0
FieldValueIRS element (for citing)
Supported Organizations Total2SupportedOrganizationsTotalCnt
Support Sum$93,000,000SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationfalseSuprtOrgNoIRSDeterminationInd
Supported Org Section C456falseSupportedOrgSectionC456Ind
Supported Org Not Organized USfalseSupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgfalseOrganizationChangeSuprtOrgInd
Support Non Supported OrgfalseSupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (true)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt OrgfalseOperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part I, Line 12g(vi) AMOUNT OF OTHER SUPPORTFormAndLineReferenceDesc
ExplanationSRM PROVIDES A WIDE-RANGE OF SERVICES AND SUPPORT TO SIMR AND GSSIMR AS EXPLAINED IN FORM 990 PART III PROGRAM SERVICES, LINES 4B AND 4C.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,869,811BeginningYearBalanceAmt
Contributions$981,400ContributionsAmt
Investment Earnings Or Losses$352,956InvestmentEarningsOrLossesAmt
Other Expenditures$912,792OtherExpendituresAmt
End Year Balance$2,291,375EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,628,930BeginningYearBalanceAmt
Investment Earnings Or Losses$164,228InvestmentEarningsOrLossesAmt
Other Expenditures$923,347OtherExpendituresAmt
End Year Balance$1,869,811EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,101,401BeginningYearBalanceAmt
Contributions$850,000ContributionsAmt
Investment Earnings Or Losses-$363,484InvestmentEarningsOrLossesAmt
Other Expenditures$958,987OtherExpendituresAmt
End Year Balance$2,628,930EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,960,161BeginningYearBalanceAmt
Contributions$940,000ContributionsAmt
Investment Earnings Or Losses$273,536InvestmentEarningsOrLossesAmt
Other Expenditures$1,072,296OtherExpendituresAmt
End Year Balance$3,101,401EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,762,282BeginningYearBalanceAmt
Contributions$849,000ContributionsAmt
Investment Earnings Or Losses$295,213InvestmentEarningsOrLossesAmt
Other Expenditures$946,334OtherExpendituresAmt
End Year Balance$2,960,161EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.0BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.6362PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.3638TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$53,290OtherCostOrOtherBasisAmt
Depreciation$43,922DepreciationAmt
Book Value$9,368BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$19,226,267OtherCostOrOtherBasisAmt
Depreciation$16,844,924DepreciationAmt
Book Value$2,381,343BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,390,711TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescAMERICAN CENTURY CLASS A SHARESDesc
Book Value$1,464,816,380BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$1,464,816,380TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
COMPENSATION EXCISE TAX$415,238
OPERATING LEASE LIABILITY$1,552,552
OTHER LONG-TERM LIABILITY$10,000
FieldValueIRS element (for citing)
Total Liability$1,977,790TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part V, Line 4 Intended uses of endowment fundsTHE PERMANENT RESTRICTED ENDOWMENT, INVESTED IN PERPETUITY, PROVIDES A SOURCE OF INCOME TO FUND THE "PRISCILLA WOOD NEAVES ENDOWED CHAIR IN BIOMEDICAL SCIENCE" AT THE STOWERS INSTITUTE. THE EARNINGS FROM THE ENDOWMENT WILL BE DISTRIBUTED, ACCORDING TO THE TERMS OF THE RESTRICTED GIFT, TO THE CURRENT HOLDER OF THE CHAIR TO BE USED IN THEIR PURSUIT OF INNOVATIVE RESEARCH. THE TEMPORARILY RESTRICTED ENDOWMENT(S) PROVIDE FUNDING FOR CERTAIN SCIENCE AND OTHER ACTIVITIES AT THE STOWERS INSTITUTE ACCORDING TO THE TERMS OF THE GIFT(S).
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteFIN 48 FINANCIAL STATEMENT FOOTNOTE FROM THE CONSOLIDATED STATEMENTS OF STOWERS INSTITUTE FOR MEDICAL RESEARCH ("THE INSTITUTE"), OF WHICH STOWERS RESOURCE MANAGEMENT, INC. IS A SUPPORTING ORGANIZATION, IS AS FOLLOWS: THE INSTITUTE RECOGNIZED THE EFFECT OF INCOME TAX POSITION 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.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
STOWERS INSTITUTE FOR MEDICAL RESEARCH
1000 E 50TH STREETKANSAS CITYMO64110202993509501(C)(3)$93,000,000FMVFIXED INC SECURITIESSEE PART IV
BIOMED VALLEY CORPORATION
1000 E 50TH STREETKANSAS CITYMO64110743238244501(C)(3)$22,000,000FMVFIXED INC SECURITIESSEE PART IV
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule I, Part II, Line 1 (H) PURPOSE OF GRANT ASSISTANCEFINANCIAL SUPPORT TO ASSIST WITH SUPPORTED ORGANIZATION'S SCIENTIFIC DISCOVERIES.
Schedule I, Part II, Line 2 (H) PURPOSE OF GRANT ASSISTANCEFINANCIAL SUPPORT TO ASSIST WITH BVC'S EXEMPT PURPOSE TO SUPPORT, BENEFIT, AND CARRY OUT THE PURPOSES OF ITS SUPPORTED ORGANIZATION, SIMR.
Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.SRM'S PURPOSE IS TO SUPPORT THE ACTIVITIES OF SIMR, WHICH CONDUCTS BASIC CELL AND MOLECULAR BIOLOGY RESEARCH. BESIDES GIVING FINANCIAL SUPPORT TO SIMR, SRM ALSO HELPS MANAGE SIMR'S ENDOWMENT, PROVIDES MANAGEMENT SUPPORT AND FUNDRAISES FOR ITS BENEFIT. THE MANAGEMENT SUPPORT INVOLVES ASSISTING IN PLANNING FOR THE STRATEGIC DIRECTION OF SIMR, OPERATIONAL PLANNING, DEVELOPMENT AND IMPLEMENTATION OF STRATEGIC BUSINESS PLANS, INCLUDING FINANCE, LEGAL, HUMAN RESOURCES AND OTHER CORPORATE FUNCTIONS. THE CONTRIBUTIONS, GRANTS AND INCOME FROM SRM'S ENDOWMENT ARE USED TO SUPPORT THE EXEMPT ACTIVITIES OF SIMR.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
RICHARD W BROWN
DIRECTOR/CHAIR/PRES/CEO$2,909,231$0$0$0$54,313$0$49,500$0$34,199$0$3,047,243$0$0$0
CHARLES GERMAN
DIRECTOR/EVP/GENERAL COUNSEL$1,091,685$0$0$0$19,268$0$49,500$0$29,859$0$1,190,312$0$0$0
GEORGE L SATTERLEE
DIRECTOR /EVP/HR$490,823$0$0$0$3,564$0$49,500$0$31,876$0$575,763$0$0$0
BRENT KREIDER
DIRECTOR$0$737,128$0$0$0$12,980$0$60,040$0$38,139$0$848,287$0$0
ALEJANDRO SNCHEZ ALVARADO
DIRECTOR$0$994,654$0$0$0$36,404$0$632,833$0$58,903$0$1,722,794$0$0
KAUSIK SI
DIRECTOR$0$732,588$0$0$0$2,322$0$132,833$0$34,492$0$902,235$0$0
PENNY M SPENCE
EVP/CFO$714,942$0$0$0$810$0$49,500$0$23,707$0$788,959$0$0$0
KIM CHEE
VP OF FINANCE$315,994$0$0$0$2,323$0$47,573$0$18,683$0$384,573$0$0$0
TONYEA INGLIS
VP OF REGULATORY AFFAIRS$209,899$0$0$0$1,058$0$32,439$0$31,504$0$274,900$0$0$0
JENNIFER H PAWLOSKY
CHIEF OF STAFF/VP OF COMM$461,358$0$0$0$10,739$0$49,500$0$36,579$0$558,176$0$0$0
JOSELYN VERSCHELDEN
VP/DEPUTY GEN COUNSEL$291,772$0$0$0$810$0$44,600$0$32,412$0$369,594$0$0$0
MICHAEL NEWHOUSE
FORMER DIR OF IT OPS$0$0$0$0$256,250$0$0$0$0$0$256,250$0$0$0
PATRICK MITCHELL JR
VP OF HR THRU 9/28/23$305,058$0$0$0$856,741$0$46,432$0$26,699$0$1,234,930$0$0$0
TIMOTHY J GEARY
DIR OF OPS AND SERVICES$268,930$0$0$0$3,564$0$41,149$0$27,386$0$341,029$0$0$0
JESSICA WITT
DIR OF IT$243,759$0$0$0$539$0$37,534$0$21,798$0$303,630$0$0$0
SHAUN PRICE
DIR OF INFO SECURITY$166,785$0$0$0$348$0$25,460$0$26,615$0$219,208$0$0$0
KATY GRAHAM
DIR OF ACCOUNTING$172,657$0$0$0$540$0$26,164$0$13,253$0$212,614$0$0$0

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1a COMPENSATIONSRM HAS A WRITTEN EMPLOYMENT CONTRACT WITH RICHARD W. BROWN (PRESIDENT/CEO), WHICH PROVISIONS INCLUDE PAYMENT OF SOCIAL CLUB DUES AND PERSONAL USE OF AN AUTOMOBILE. SRM HAS A WRITTEN EMPLOYMENT AGREEMENT WITH CHARLES GERMAN (EVP/GENERAL COUNSEL), WHICH PROVISIONS INCLUDE REIMBURSEMENT FOR PROFESSIONAL AND SOCIAL CLUB DUES. SRM'S OFFER LETTER TO JENNIFER PAWLOSKY (COS/VP OF COMMUNICATIONS), WHICH PROVISIONS INCLUDE PAYMENT OF SOCIAL CLUB DUES. ALL TAXABLE BENEFITS ARE TREATED AS COMPENSATION TO THE RECIPIENTS.
Schedule J, Part I, Line 1b WRITTEN REIMBURSEMENT POLICYSRM provided the benefits described in response to line 1a pursuant to written employment contracts or offer letters that were approved by SRM's board-level committees and governing board. SEE RESPONSE TO FORM 990, PART VI, SECTION B, LINE 15 FOR ADDITIONAL PROCESSES RELATED TO DETERMINING SALARY AND BENEFITS FOR OFFICERS.
Schedule J, Part I, Line 4a SEVERANCE PAYMENT - PATRICK MITCHELLSRM entered into a Separation Agreement and General Release with former employee Patrick Mitchell on October 4, 2023. Mr. Mitchell's employment with SRM ended on September 28, 2023. Under the Agreement, SRM paid Mr. Mitchell a one-time lump sum severance equal to 24 months' salary plus 12 months' equivalent retirement plan funding of $817,574.00 (less taxes and withholding). In addition, SRM agreed to provide up to $2,400.00/month COBRA reimbursement for 12 months, plus optional Career Transition Services up to $9,000.00, plus Executive Career Coaching Services up to $30,000.00. The Agreement provided SRM a standard full and general release and covenant not to sue. The Agreement further provided that Mr. Mitchell would return all SRM property, and the parties agreed to Confidentiality and mutual Non-Disparagement.
Schedule J, Part I, Line 4a SEVERANCE PAYMENT - MICHAEL NEWHOUSESRM ENTERED A SEVERANCE COMPENSATION AGREEMENT AS OF AUGUST 15, 2022 WITH MICHAEL NEWHOUSE. UNDER THE AGREEMENT, MR. NEWHOUSE WAS PAID $363,020.83 (LESS TAXES AND WITHHOLDING) IN SEVERANCE AS PAYROLL. THE FIRST INSTALLMENT IN THE AMOUNT OF $106,770.83 WAS PAID ON SEPTEMBER 2, 2022. THE SECOND INSTALLMENT IN THE AMOUNT OF $256,250.00 WAS PAID ON JANUARY 6, 2023. THE AGREEMENT ALSO PROVIDED COBRA REIMBURSEMENT UP TO $2,400.00 PER MONTH FOR TWELVE (12) MONTHS FOLLOWING THE SEPARATION DATE. THE TERMS AND CONDITIONS OF THE AGREEMENT REQUIRED THE RETURN OF ALL PROPERTY. THE AGREEMENT ALSO INCLUDED STANDARD RELEASES, AND IMPOSED CONFIDENTIALITY AND NON-DISPARAGEMENT OBLIGATIONS ON MR. NEWHOUSE.
Schedule J, Part I, Line 4b SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANTHE 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 $583,333 AND $0 DISTRIBUTION. KAUSIK SI - ACCRUAL OF $83,333 AND $0 DISTRIBUTION.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
HEALTH & ED FACILITIES AUTHORITY OF MO
A43117896660635HS342015-03-31$75,000,000SEE PART VIfalsefalsefalse
HEALTH & ED FACILITIES AUTHORITY OF MO
B43117896660635HS422015-03-31$75,000,000SEE PART VIfalsefalsefalse
HEALTH & ED FACILITIES AUTHORITY OF MO
C43117896660635HS592015-03-31$75,000,000SEE PART VIfalsefalsefalse
HEALTH & ED FACILITIES AUTHORITY OF MO
D43117896660635HS672015-03-31$65,000,000SEE PART VIfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdIn Reserve FundInReserveFundAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$75,000,000$75,000,0002000falseYes (true)Yes (true)Yes (true)
B$75,000,000$75,000,0002000falseYes (true)Yes (true)Yes (true)
C$75,000,000$75,000,0002000falseYes (true)Yes (true)Yes (true)
D$65,000,000$65,000,0002000falseYes (true)Yes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdTotal Private Business UseTotalPrivateBusinessUsePct
A0.0
B0.0
C0.0
D0.0

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndException To RebateExceptionToRebateIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
AfalseYes (true)falsefalsefalsefalseYes (true)
BfalseYes (true)falsefalsefalsefalseYes (true)
CfalseYes (true)falsefalsefalsefalseYes (true)
DfalseYes (true)falsefalsefalsefalseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)
DYes (true)

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part I BOND ISSUES$290,000,000 BOND ISSUE IN AGGREGATE CONSISTING OF $75,000,000 OF SERIES 2015A BONDS, $75,000,000 OF SERIES 2015B BONDS, $75,000,000 OF SERIES 2015C BONDS, AND $65,000,000 OF SERIES 2015D BONDS.
Schedule K, Part I COLUMN F FOR LINES A, B, C AND D - DESCRIPTION OF PURPOSESRM AND STOWERS INSTITUTE FOR MEDICAL RESEARCH ("SIMR") ARE THE TWO MEMBERS OF AN OBLIGATED BOND GROUP FOR THESE TAX-EXEMPT BONDS; SRM IS A SUPPORTING ORGANIZATION OF SIMR AS DESCRIBED IN SRM'S MISSION STATEMENT AND REPORTED ON SCHEDULE R. THE BONDS WERE ISSUED TO REFUND $215,000,000 OF BONDS ISSUED IN 2000 AND $75,000,000 OF BONDS ISSUED IN 2002. THE 2000 BOND SERIES WAS ORIGINALLY ISSUED FOR THE PURPOSE OF PURCHASING AN EXISTING MEDICAL CENTER AND SURROUNDING BUILDINGS, STRIPPING THE STRUCTURES TO THEIR INFRASTRUCTURE AND RECONSTRUCTING A STATE OF THE ART MEDICAL RESEARCH FACILITY FOR SIMR. THE 2002 BOND SERIES WAS ORIGINALLY ISSUED FOR THE PURPOSE OF INTERIOR FINISH, FURNISHING, AND EQUIPPING OF THE SHELL FOR THE STRUCTURES BUILT WITH THE EARLIER 2000 BONDS.
Schedule K, Part II, Line 11 PROCEEDS, OTHER SPENT PROCEEDSAGGREGRATE 2015ABCD BOND ISSUE OF $290,000,000 WAS ISSUED TO REFUND $215,000,000 BOND SERIES ISSUED IN 2000 AND $75,000,000 BOND SERIES ISSUED IN 2002.
Schedule K, Part II, Line 15 PROCEEDS, REFUNDING ISSUE OF TAXABLE BONDSAGGREGRATE 2015ABCD BOND ISSUE OF $290,000,000 WAS ISSUED TO REFUND $215,000,000 BOND SERIES ISSUED IN 2000 AND $75,000,000 BOND SERIES ISSUED IN 2002.
Schedule K, Part IV, Line 2b ARBITRAGE, EXCEPTION TO REBATETHE BOND PROCEEDS WERE USED TO REFUND AND REDEEM THE REFUNDED BONDS ON THE ISSUE DATE. IN ADDITION, THE INSTITUTE REASONABLY EXPECTS THAT THE DEBT SERVICE FUND WILL QUALIFY AS A BONA FIDE DEBT SERVICE FUND IN EVERY BOND YEAR. BASED ON THESE EXPECTATIONS AND CERTIFICATIONS, BOND COUNSEL HAS ADVISED THE AUTHORITY AND THE INSTITUTE THAT NO ARBITRAGE REBATE OR YIELD RESTRICTIONS WILL BE REQUIRED FOR THE BONDS.

Schedule M IRS990ScheduleM

Securities Closely Held Stock SecuritiesCloselyHeldStockGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$940,995NoncashContributionsRptF990Amt
Method Of Determining RevenuesOther - FAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule M, Part I COLUMN B - NUMBER OF CONTRIBUTIONSFormAndLineReferenceDesc
ExplanationTHE AMOUNTS SHOWN IN PART I, COLUMN (B) FOR "NUMBER OF CONTRIBUTIONS" REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (13 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 1 ORGANIZATION'S MISSIONTHE STOWERS RESOURCE MANAGEMENT INC. ("SRM") OPERATES EXCLUSIVELY WITHIN THE MEANING OF CODE SECTIONS 501(C)(3) AND 509(A)(3). SRM'S CHARITABLE PURPOSE IS TO SUPPORT, BENEFIT, AND CARRY OUT THE PURPOSES OF ITS SUPPORTED ORGANIZATIONS. SRM CURRENTLY SUPPORTS STOWERS INSTITUTE FOR MEDICAL RESEARCH ("SIMR") AND THE GRADUATE SCHOOL OF THE STOWERS INSTITUTE FOR MEDICAL RESEARCH ("GSSIMR"). SIMR IS A TAX EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3), AND PUBLIC CHARITY DESCRIBED IN SECTIONS 509(A)(1) AND 170(B)(1)(A)(III). SIMR IS ACTIVELY ENGAGED IN SCIENTIFIC RESEARCH IN THE PUBLIC INTEREST. GSSIMR IS A TAX EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3), A PUBLIC CHARITY DESCRIBED IN SECTION 509(A)(1) AND FURTHER DESCRIBED AS AN EDUCATIONAL ORGANIZATION IN 170(B)(1)(A)(II). GSSIMR PROVIDES GRADUATE EDUCATION RELATING TO MEDICAL OR SCIENTIFIC RESEARCH WITH AN EMPHASIS ON INNOVATIVE RESEARCH TECHNIQUES IN THE BIOLOGICAL SCIENCES. SRM HELPS MANAGE SIMR'S ENDOWMENT, PROVIDES MANAGEMENT SUPPORT, AND FUNDRAISES FOR SIMR'S BENEFIT. THE MANAGEMENT SUPPORT INVOLVES ASSISTING IN PLANNING FOR THE STRATEGIC DIRECTION OF SIMR, OPERATIONAL PLANNING, DEVELOPMENT, AND IMPLEMENTATION OF STRATEGIC BUSINESS PLANS AND BUDGETS. SRM ALSO PROVIDES ADDITIONAL ADMINISTRATIVE AND OPERATIONAL SUPPORT SERVICES TO SIMR AND GSSIMR THAT INCLUDES ACCOUNTING, FINANCE, HUMAN RESOURCES, INFORMATION TECHNOLOGY AND OTHER CORPORATE SUPPORT FUNCTIONS. THE CONTRIBUTIONS, GRANTS, AND INCOME FROM SRM'S ENDOWMENT ARE USED TO SUPPORT THE EXEMPT ACTIVITIES OF SIMR.
Form 990, Part VI, Line 2 BUSINESS RELATIONSHIPSRICHARD W. BROWN, DAVID A. WELTE, ALEJANDRO SANCHEZ ALVARADO, JONATHAN THOMAS, GINA KAISER, ALBERZINE FREEMAN, CHARLES GERMAN AND BRENT KREIDER, ALL DIRECTORS OF SRM, HAVE A BUSINESS RELATIONSHIP. CLIFFORD W. ILLIG, JONATHAN THOMAS, ALBERZINE FREEMAN, BRENT KREIDER, RICHARD W. BROWN AND CHARLES GERMAN, DIRECTORS OF SRM, AND PENNY M. SPENCE, OFFICER OF SRM, HAVE A BUSINESS RELATIONSHIP. BRENT KREIDER, KAUSIK SI, AND ALEJANDRO SANCHEZ ALVARADO, DIRECTORS OF SRM, HAVE A BUSINESS RELATIONSHIP.
Form 990, Part VI, Line 15a & 15B - REASONABLENESS OF COMPENSATIONTHE PROCESS FOR DETERMINING THE REASONABLENESS OF THE COMPENSATION FOR SRM'S PRESIDENT, EXECUTIVE VICE-PRESIDENT/GENERAL COUNSEL, AND EXECUTIVE VICE-PRESIDENT/CFO INCLUDED RETAINING THE SERVICES OF A NATIONALLY KNOWN COMPENSATION CONSULTANT TO PROVIDE DATA AND ANALYSIS TO DETERMINE COMPARABLE SALARY AND BENEFITS FOR SIMILARLY QUALIFIED PERSONS IN COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. COMPENSATION FOR THE PRESIDENT AND EXECUTIVE VICE-PRESIDENT/GENERAL COUNSEL WAS DOCUMENTED IN EMPLOYMENT CONTRACTS WHICH WERE APPROVED BY THE GOVERNING BODY AS DOCUMENTED IN THE OFFICIAL MINUTES. THE LAST COMPLETED REVIEW PROCESS FOR SRM'S PRESIDENT WAS IN 2019. THE EXECUTIVE VICE-PRESIDENT/GENERAL COUNSEL REVIEW WAS COMPLETED IN 2020. THE EXECUTIVE VICE-PRESIDENT/CFO REVIEW WAS COMPLETED IN 2023.
Form 990, Part VI, Line 6 7A & 7B - SOLE MEMBER AND GOVERNANCE DECISIONSSIMR IS SRM'S SOLE MEMBER AND ELECTS SRM'S BOARD OF DIRECTORS. SIMR ALSO HAS THE RIGHT TO REMOVE, WITH OR WITHOUT CAUSE, ONE OR MORE DIRECTORS.
Form 990, Part VI, Line 1a Delegate broad authority to a committeeTHE BOARD HAS DELEGATED CERTAIN AUTHORITY TO AN EXECUTIVE COMMITTEE WHICH MAY EXERCISE DELEGATED POWERS AND AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF SRM. THE MEMBERS OF THE EXECUTIVE COMMITTEE ALL SERVE ON THE BOARD.
Form 990, Part VI, Line 11b Review of form 990 by governing bodyTHE DATA AND INFORMATION NECESSARY TO PREPARE SRM'S FORM 990 IS COMPILED BY THE ACCOUNTING DEPARTMENT AND REVIEWED BY OUR TAX ATTORNEY AT BRYAN CAVE LEIGHTON PAISNER, LLP. FORVIS MAZARS, LLP, OUR EXTERNAL TAX PREPARERS, USES THIS INFORMATION TO PREPARE THE FORM 990. THE COMPLETED FORM 990, INCLUDING REQUIRED SCHEDULES, IS REVIEWED BY THE OFFICERS OF SRM BEFORE IT IS FILED WITH THE IRS. AFTER THE PREPARATION AND REVIEW PROCESS DETAILED ABOVE, THE FORM 990, INCLUDING REQUIRED SCHEDULES, IS PROVIDED TO EACH VOTING MEMBER OF SRM'S BOARD BEFORE IT IS FILED WITH THE IRS.
Form 990, Part VI, Line 12c Conflict of interest policySRM HAS ADOPTED A "CONFLICTS OF INTEREST AND DIRECTOR INDEPENDENCE POLICY". EACH DIRECTOR, OFFICER, AND OTHER PERSON WHO IS IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER DECISIONS OF SRM ARE REQUIRED TO ANNUALLY COMPLETE AND SIGN A DISCLOSURE STATEMENT. A COVERED PERSON MUST DISCLOSE THE EXISTENCE OF A POTENTIAL CONFLICT AND ALL MATERIAL FACTS TO THE GOVERNING BOARD AS SOON AS THE PERSON HAS KNOWLEDGE THAT A POTENTIAL CONFLICT MIGHT EXIST. 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. SRM ALSO CONDUCTS PERIODIC AND ADHOC REVIEWS OF TRANSACTIONS AND AGREEMENTS TO ENSURE THAT IT DOES NOT ENGAGE IN ACTIVITIES THAT ARE NOT CONSISTENT WITH ITS TAX EXEMPT PURPOSE.
Form 990, Part VI, Line 19 Required documents available to the publicSTOWERS RESOURCE MANAGEMENT INC'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
Form 990, Part VII, Section A COLUMN B - SERVICES FOR RELATED ORGANIZATIONRICHARD W. BROWN, GEORGE L. SATTERLEE, PENNY M. SPENCE, CHARLES GERMAN, KIM CHEE, TONYEA INGLIS, JENNIFER PAWLOSKY, EVELYN TRAVNIK, AND JOSELYN VERSCHELDEN, OFFICERS OF SRM, ALSO PERFORM SUPPORT SERVICES FOR ONE OR MORE OF THE RELATED ORGANIZATIONS DISCLOSED IN SCHEDULE R. THESE SERVICES ARE PERFORMED IN THEIR ROLE AS SRM EMPLOYEES AND SRM IS REIMBURSED BY THE RELATED ORGANIZATIONS.
Form 990, Part VII, Section B, Line 1 American Century InvestmentsSRM RECEIVES INVESTMENT MANAGEMENT SERVICES FROM AMERICAN CENTURY INVESTMENTS ("ACI"). ACI IS A WHOLLY OWNED SUBSIDIARY OF AMERICAN CENTURY COMPANIES, INC. ("ACCI"). IN SELECTING ACI TO MANAGE ITS LIQUID INVESTMENTS, SRM NOT ONLY SELECTED A HIGH-QUALITY MUTUAL FUND COMPANY WITH OUTSTANDING TRACK RECORD, BUT ALSO PLACED ITS LIQUID INVESTMENTS IN A COMPANY IN WHICH IT OWNS STOCK AND RECEIVES DIVIDENDS. SRM PAYS ACI THE SAME ADMINISTRATIVE FEES FOR THESE SERVICES AS ANY ARMS-LENGTH INVESTORS.
Form 990, Part VIII, Line 2a 2B, 2C, & 2D - PROGRAM SERVICE REVENUESRM RECEIVED EXPENSE REIMBURSEMENTS FROM RELATED PARTIES, AS DESCRIBED IN SCHEDULE R, FOR ADMINISTRATIVE SUPPORT SERVICES BY SRM. SRM ALLOCATED THE COSTS OF PROVIDING THESE SERVICES TO THE RELATED PARTIES.
Form 990, Part XI, Line 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCESNOTE 1: SRM RECEIVED PASS-THROUGH AMOUNTS FROM STOWERS REAL ESTATE HOLDING CORPORATION ("SREHC"). SRM IS THE TAX-EXEMPT PARENT OF SREHC. SREHC IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(2) OF THE CODE, AND AS SUCH, SREHC REMITS THEIR NET INCOME AND MAKES OTHER TRANSFERS TO ITS TAX-EXEMPT PARENT, SRM. SRM RECEIVED $972,000 OF NET INCOME FROM SREHC.
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesEQUITY TRANSFERS FROM RELATED 501(C)(2) ORG (NOTE 1) - 972000;

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
STOWERS INSTITUTE FOR MEDICAL RESEARCH
1000 EAST 50TH STREETKANSAS CITYMO64110202993509MED RESEARCHDE501(c)(3)4N/Afalse
STOWERS REAL ESTATE HOLDING CORPORATION
1000 EAST 50TH STREETKANSA CITYMO64110261472230TITLE HOLDINGDE501(c)(2)Yes (true)SRM
BIOMED VALLEY CORPORATION
1000 EAST 50TH STREETKANSAS CITYMO64110743238244SUPPORT ORGDE501(c)(3)Type IYes (true)SIMR
STOWERS SCIENTIFIC EDUCATION INSTITUTE
1000 EAST 50TH STREETKANSAS CITYMO64110205916445SUPPORT ORGDE501(c)(3)Type IYes (true)SIMR
STOWERS POLICY INSTITUTE INC
1000 EAST 50TH STREETKANSAS CITYMO64110203270502SEE PART VIIDE501(c)(4)falseSIMR
THE GRADUATE SCHOOL OF SIMR
1000 EAST 50TH STREETKANSAS CITYMO64110464588696EDUCATIONMO501(c)(3)2Yes (true)SIMR
STOWERS INVESTMENT HOLDING CORPORATION
1000 EAST 50TH STREETKANSAS CITYMO64110920365628TITLE HOLDINGDE501(c)(2)falseSRMSPI

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1BIOMED VALLEY DISCOVERIES INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line14435 MAIN ST SUITE 550AddressLine1Txt
CityKANSAS CITYCityNm
State AbbreviationMOStateAbbreviationCd
ZIP64111ZIPCd
FieldValueIRS element (for citing)
EIN061646533EIN
Primary ActivitiesSEE PART VIIPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeC CorporationEntityTypeTxt
Controlled OrganizationYes (true)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (true)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
BIOMED VALLEY CORPORATION
B$22,000,000MARKET VALUE
BIOMED VALLEY DISCOVERIES
Q$630,713SEE PART VII
STOWERS REAL ESTATE HOLDING CORPORATION
S$972,000See Part VII

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule R, Part II, Column (b) PRIMARY ACTIVITYSTOWERS 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 ACTIVITYBIOMED VALLEY DISCOVERIES, INC'S ("BVD") PRIMARY ACTIVITY IS THE DEVELOPMENT AND MARKETING OF SCIENTIFIC DISCOVERIES. BIOMED VALLEY CORPORATION ("BVC") IS THE 100% OWNER OF BVD STOCK.
Schedule R, Part V LINE 2 - TYPE Q - SERVICES TO RELATED ORGANIZATIONSSRM PROVIDES RESOURCES AND SERVICES TO ITS RELATED ORGANIZATIONS DESCRIBED IN PART II AND PART IV AND IS REIMBURSED BY THE RELATED ORGANIZATIONS.
Schedule R, Part V LINE 2 - TYPE S - METHOD OF VALUATIONSTOWERS REAL ESTATE HOLDING CORPORATION ("SREHC") IS A CONTROLLED ENTITY WITHIN THE MEANING OF 512(B)(13). SREHC IS A TAX EXEMPT ORGANIZATION UNDER 501(C)(2) OF THE CODE, AND AS SUCH, REMITS ITS NET INCOME AND MAKES OTHER TRANSFERS TO ITS TAX EXEMPT PARENT, SRM. SRM RECEIVED $972,000 OF NET INCOME FROM SREHC DURING THE PERIOD JULY 1, 2023 THROUGH JUNE 30, 2024. SREHC MADE NO SPECIFIED PAYMENTS TO SRM.
Schedule R, Part V LINE 2 - TYPE Q - METHOD OF VALUATIONSRM PROVIDES MANAGEMENT SUPPORT TO BVD THAT INVOLVES ASSISTING IN PLANNING FOR THE STRATEGIC DIRECTION OF BVD, OPERATIONAL PLANNING, AND THE DEVELOPMENT AND IMPLEMENTATION OF STRATEGIC BUSINESS PLANS AND BUDGETS. SRM ALSO PROVIDES ADDITIONAL ADMINISTRATIVE AND OPERATIONAL SUPPORT SERVICES TO BVD THAT INCLUDES ACCOUNTING, FINANCE, HUMAN RESOURCES, INFORMATION TECHNOLOGY, AND OTHER SUPPORT ACTIVITIES, FOR WHICH SRM ALLOCATED COSTS TO BVD IN THE AMOUNT OF $630,713 DURING THE PERIOD JULY 1, 2023 THROUGH JUNE 30, 2024 AS REPORTED ON PART VIII STATEMENT OF REVENUE LINE 2B.
Schedule R, Part V LINE 2 - TYPE B - CONTRIBUTION TO RELATED ORGANIZATIONSRM PROVIDED FINANCIAL SUPPORT TO BIOMED VALLEY CORPORATION ("BVC"), A SUPPORTING ORGANIZATION OF SIMR, TO BE USED BY BVC IN FURTHERANCE OF BVC'S EXEMPT PURPOSE.