2025-06-05T13:26:06-05:00 2024-12-31 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD SUITE 302 WESTBOROUGH MA 01581 990 2024-01-01 833891656 THE TERMEER INSTITUTE INC TERM 6179574054 1393 BOYLSTON STREET BOSTON MA 02215 CATHARINE SMITH EXECUTIVE DIRECTOR 6179774054 2025-05-29 1 0 SANDRA M BROWN CPA P01614103 5088717178 2025-05-29 2024 2025-03-06 01:10:19Z X X BELINDA TERMEER 1393 BOYLSTON STREET BOSTON MA 02215 3507717 0 X TERMEERFOUNDATION.ORG X 2019 MA THE TERMEER INSTITUTE IS A CATALYST FOR INNOVATION THAT BRINGS LIFE-CHANGING TREATMENTS TO PATIENTS WORLDWIDE BY EMPOWERING THE NEXT GENERATION OF GLOBAL LIFE SCIENCE LEADERS. WE ADDRESS A CRITICAL GAP IN THE INDUSTRYTHE HUMAN VARIABLEBY CULTIVATING AND PROVIDING TAILORED SUPPORT TO A DIVERSE COMMUNITY OF LIFE SCIENCE INNOVATORS AND VISIONARIES DEDICATED TO IMPROVING PATIENT LIVES AND TACKLING THE WORLD'S MOST PRESSING HEALTHCARE CHALLENGES. OUR VALUES-DRIVEN PROGRAMMING ENRICHES THE CORE ATTRIBUTES ESSENTIAL FOR TRANSFORMATIVE INNOVATION: RESPONSIBILITY, PASSION, CREATIVITY, HUMILITY, AND CONNECTIVITY. OUR PROGRAMS NURTURE TALENT ACROSS ALL CAREER STAGESFROM EMERGING PIONEERS TO ESTABLISHED EXPERTSSPANNING INDUSTRY AND ACADEMIA. 9 9 9 67 0 0 924333 3448014 0 0 -403104 59703 0 0 521229 3507717 60630 181475 0 0 936262 1149192 79246 49272 455950 802463 998495 1878601 2378434 -1357372 1129283 1118396 2120553 430558 303432 687838 1817121 X THE TERMEER INSTITUTE IS A CATALYST FOR INNOVATION THAT BRINGS LIFE-CHANGING TREATMENTS TO PATIENTS WORLDWIDE. WE SUPPORT AND EMPOWER BRILLIANT LIFE SCIENCE LEADERS TO ADVANCE GROUNDBREAKING, PATIENT-CENTERED SOLUTIONS. 0 0 1408716 181475 0 TO DATE, LEADERS FROM EIGHT COUNTRIES AND SIX STATES HAVE BENEFITTED FROM THE PROGRAMMING, SUPPORTED BY 60 TERMEER MENTORS WHO ARE DEEPLY ENGAGED IN PROMOTING THE SUCCESS OF OUR FELLOWS. WE HAVE ALSO EXPANDED OUR NETWORK TO INCLUDE TERMEER SCHOLARS, ACADEMIC AND NON-PROFIT LEADERS SEEKING TO SCALE AND DISSEMINATE THEIR KNOWLEDGE TO IMPACT PATIENTS. IN 2024, WE ADDED TWO NEW SCHOLARS TO OUR NETWORK FOR A TOTAL OF 5 TERMEER SCHOLARS ACROSS THE US AND AFRICA. IN 2024, THE TERMEER INSTITUTE TEAM CONTINUED TO BUILD ITS VALUES-BASED LEADERSHIP MODEL, DELIVERING 24 LEARNING SESSIONS, AWARDING 20 MICRO GRANTS FOR PROFESSIONAL LEADERSHIP DEVELOPMENT, PROVIDING 150 1:1 COACHING HOURS WITH CONSULTANTS AND EXECUTIVE COACHES, CREATED 200+ MENTORING AND ADVISING RELATIONSHIPS WITHIN THE TERMEER NETWORK, PROVIDED 100 HOURS OF VALUES-DRIVEN LEADERSHIP PROGRAMMING, AND ORGANIZED 12 IN-PERSON NETWORKING OPPORTUNITIES TO CREATE CONNECTIONS. THE TERMEER INSTITUTE IS COMMITTED TO ENSURING THE INCLUSIVENESS OF ITS NETWORK, PARTICULARLY IN RECOGNITION OF THE UNDERREPRESENTATION OF WOMEN, PEOPLE WITH DISABILITIES, LGBTQIA+ AND BLACK, BROWN AND INDIGENOUS PEOPLE OF COLOR AT THE CEO LEVEL WITHIN THE BIOPHARMACEUTICAL INDUSTRY. 1408716 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 13 0 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 MA AL AK AR CA CO CT DC FL GA HI KS KY LA ME MD MI MN MO NV NH NJ NM NY NC ND OH OK OR SC TN TX UT VA WA WV WI X X X CATHARINE SMITH 6179574054 1393 BOYLSTON STREET BOSTON MA 02215 BELINDA TERMEER PRESIDENT & CLERK 0.50 X X 0 0 0 ALAN WALTS TREASURER 0.50 X X 0 0 0 DEBORAH DUNSIRE DIRECTOR 0.50 X 0 0 0 GEOFF MCDONOUGH DIRECTOR 0.50 X 0 0 0 PAUL HASTINGS DIRECTOR 0.50 X 0 0 0 GAIL MADERIS DIRECTOR 0.50 X 0 0 0 JOHN MARANGANORE DIRECTOR 0.50 X 0 0 0 ALICE POMPONIO DIRECTOR 0.50 X 0 0 0 JOAN REEDE DIRECTOR 0.50 X 0 0 0 CATHARINE SMITH EXECUTIVE DIRECTOR 40.00 X 333215 0 38944 CHRISTINE COLE SENIOR DIRECTOR, PHILANTHR 40.00 X 224370 0 44428 ERICA MAWBY-ROCHE SENIOR DIRECTOR OF PROGRAM 40.00 X 160463 0 37905 718048 0 121277 3 0 1 0 0 3448014 247229 3448014 59703 59703 3507717 0 0 59703 X 181475 181475 321505 160753 80376 80376 640935 363109 73728 204098 33447 19716 3223 10508 87053 45033 18201 23819 66252 35174 12468 18610 2643 2643 73734 73734 49272 49272 421056 259635 140505 20916 38028 13002 25026 20028 1024 15404 3600 157587 104401 25608 27578 38329 21787 16542 237162 203607 16382 17173 6561 6561 3367 3367 2378434 1408716 513768 455950 121653 299059 595397 1534065 5000 42500 2521 2521 561 0 25500 19500 370285 225429 1118396 2120553 68629 74850 361929 228582 430558 303432 X 687838 1817121 687838 1817121 1118396 2120553 1129283 0 X 0 1 X 0 0 X 2427170 257782 1195382 924333 3448014 8252681 2427170 257782 1195382 924333 3448014 8252681 3434845 4817836 232 1764 16720 45863 59703 124282 8376963 0.57510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2521 2521 0 0 OPERATING LEASE RIGHT-OF-USE ASSETS 225429 225429 OPERATING LEASE LIABILITY 228582 228582 3507717 0 3507717 0 3507717 2378434 0 2378434 0 2378434 X X X X 1 SUZANNE PICHER CONSULTING 9 HOLLIS STREET WELLESLEY MA 02482 DEVELOPMENT CONSULTANT 0 0 47812 0 47812 AL AK AR CA CO CT DC FL GA HI KS KY LA ME MD MA MI MN MO NV NH NJ NM NY NC ND OH OK OR SC TN TX UT VA WA WV WI 1 BIOMEDICAL SCIENCE CAREERS PROJECT INC 164 LONGWOOD AVE 204 BOSTON MA 02115 043241307 501(C)3 12500 0 N/A N/A TERMEER COMMUNITY SUPPORT THE N 1 COLLABORATIVE INC 7 CAROLE PLACE SOMERVILLE MA 02143 882591503 501(C)3 25000 0 N/A N/A TERMEER SCHOLAR AWARD LIFE SCIENCE CARES INC PO BOX 425486 CAMBRIDGE MA 02142 812435939 501(C)3 6000 0 N/A N/A TERMEER DISRUPTORS GRANT GLOBAL GENES 1012 14TH STREET NW SUITE 500 WASHINGTON DC 20005 263331487 501(C)3 55000 0 N/A N/A TERMEER SCHOLAR AWARD BRIGHAM AND WOMEN'S HOSPITAL 263 HUNTINGTON AVENUE 318 BOSTON MA 02115 042312909 501(C)3 55000 0 N/A N/A TERMEER SCHOLAR AWARD 5 0 PART I, LINE 2: THE TERMEER FOUNDATION DISBURSES GRANTS THROUGH AN APPLICATION PROCESS. GRANTEES INFORM THE FOUNDATION OF THE USE OF FUNDS THROUGHOUT THE PROJECT AND PROVIDE A SUMMARY REPORT AT THE END OF THE GRANT PERIOD. X X 0 0 0 0 0 0 0 0 0 CATHARINE SMITH EXECUTIVE DIRECTOR 282354 0 50861 0 0 0 15430 0 23514 0 372159 0 0 0 CHRISTINE COLE SENIOR DIRECTOR, PHILANTHR 216970 0 7400 0 0 0 10874 0 33554 0 268798 0 0 0 ERICA MAWBY-ROCHE SENIOR DIRECTOR OF PROGRAM 160463 0 0 0 0 0 9629 0 28276 0 198368 0 0 0 X 1 247229 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 NAME CHANGE - FILED RESTATED ARTICLES OF ORGANIZATION MARCH 10, 2025 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS A DRAFT COPY OF THE 990 AND DIRECTS ANY QUESTIONS OR CORRECTIONS TO THE 990 PREPARER PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST OR PERSONAL INTEREST AND ALL MATERIAL FACTS TO THE DIRECTORS, OFFICERS AND MEMBERS OF ANY COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST OR PERSONAL INTEREST, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION HAS ADOPTED A POLICY FOR DETERMINING COMPENSATION, IF AND WHEN HIRING OCCURS, THAT INCLUDES 1)INDIVIDUALS THAT APPROVE COMPENSATION ARRANGEMENTS FOLLOW THE ORGANZIATION'S CONFLICT OF INTEREST POLICY, 2)COMPENSATION ARRANGEMENTS ARE APPROVED IN ADVANCE OF PAYING COMPENSATION, 3)DATES AND TERMS OF APPROVED COMPENSATION ARRANGEMENTS ARE DOCUMENTED IN WRITING, 4)RECORDING IN WRITING THE DECISION MADE BY EACH INDIVIDUAL WHO DECIDED OR VOTED ON THE COMPENSATION ARRANGEMENT, 5)APPROVING COMPENSATION ARRANGEMENTS BASED ON INFORMATION ABOUT COMPENSATION PAID BY SIMILARLY SITUATED TAXABLE OR TAX-EXEMPT ORGANIZATIONS FOR SIMILAR SERVICES, CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS, OR ACTUAL WRITTEN OFFERS FROM SIMILARYLY SITUATED ORGANIZATIONS, AND 6)RECORDING IN WRITING BOTH THE INFORMATION RELIED ON AND ITS SOURCE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANZIATION'S GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY (CONTAINED WITHIN ITS BYLAWS), AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PUBLIC RELATIONS: PROGRAM SERVICE EXPENSES 68,001. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 68,001. OTHER PROFESSINAL FEES: PROGRAM SERVICE EXPENSES 191,634. MANAGEMENT AND GENERAL EXPENSES 136,403. FUNDRAISING EXPENSES 20,916. TOTAL EXPENSES 348,953. PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,102. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,102.