2025-09-15T18:23:24-05:00 2024-12-31 911194016 CLARK NUBER PS 10900 NE 4TH ST STE 1400 BELLEVUE WA 98004 990 2024-01-01 912155317 ALLEN INSTITUTE ALLE 2065487000 615 WESTLAKE AVENUE NORTH SEATTLE WA 98109 CHRIS BEAUDOIN CHIEF OPERATING OFFICER 2065487000 2025-09-05 1 1 MEGAN R RYAN P00737884 4254544919 2025-09-05 2024 2025-03-06 01:10:19Z RUI COSTA 615 WESTLAKE AVENUE NORTH SEATTLE WA 98109 272073245 0 X WWW.ALLENINSTITUTE.ORG X 2003 WA THE MISSION OF THE ALLEN INSTITUTE IS TO UNLOCK THE COMPLEXITIES (SEE SCHEDULE O) OF BIOSCIENCE AND ADVANCE OUR KNOWLEDGE TO IMPROVE HUMAN HEALTH. USING AN OPEN SCIENCE, MULTI-SCALE, TEAM-ORIENTED APPROACH. THE ALLEN INSTITUTE FOCUSES ON ACCELERATING FOUNDATIONAL RESEARCH, DEVELOPING STANDARDS AND MODELS, AND CULTIVATING NEW IDEAS TO MAKE A BROAD, TRANSFORMATIONAL IMPACT ON SCIENCE. 11 10 1058 11 0 0 234977658 264924393 568258 722210 4319610 6033321 552622 378282 240418148 272058206 14909539 21344474 0 0 117412420 144847993 0 0 0 88285086 104490605 220607045 270683072 19811103 1375134 351360685 367120032 149833264 163448084 201527421 203671948 X THE MISSION OF THE ALLEN INSTITUTE IS TO UNLOCK THE COMPLEXITIES OF BIOSCIENCE AND ADVANCE OUR KNOWLEDGE TO IMPROVE HUMAN HEALTH. USING AN OPEN SCIENCE, MULTI-SCALE, TEAM-ORIENTED APPROACH. THE ALLEN INSTITUTE FOCUSES ON ACCELERATING FOUNDATIONAL RESEARCH, (SEE SCHEDULE O) DEVELOPING STANDARDS AND MODELS, AND CULTIVATING NEW IDEAS TO MAKE A BROAD, TRANSFORMATIONAL IMPACT ON SCIENCE. 0 0 217788787 21344474 722210 THE ALLEN INSTITUTE IS DEDICATED TO ANSWERING SOME OF THE BIGGEST QUESTIONS IN BIOSCIENCE AND ACCELERATING RESEARCH WORLDWIDE. THE INSTITUTE IS A RECOGNIZED LEADER IN LARGE-SCALE RESEARCH WITH A COMMITMENT TO AN OPEN SCIENCE MODEL. THROUGH PUBLICLY AVAILABLE KNOWLEDGE, DATA, MODELS, TOOLS, AND REAGENTS, THE INSTITUTE CATALYZES SCIENTIFIC DISCOVERY AND NURTURES MEDICAL BREAKTHROUGHS. 217788787 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 316 0 1 1058 1 0 0 0 0 0 0 0 0 0 0 1 0 X 11 10 0 0 0 1 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AZ AR CA CO CT DE FL GA ID IL IN IA LA MA MI MN MO MT NE NJ NY NC ND OR PA RI SD TX VT VA WA WY X CHRIS BEAUDOIN 2065487000 615 WESTLAKE AVENUE NORTH SEATTLE WA 98109 JO LYNN ALLEN DIRECTOR 2.00 X 0 0 0 MARGARET ANDERSON DIRECTOR 2.00 X 0 0 0 JOANNE BERGER-SWEENEY DIRECTOR 2.00 X 0 0 0 PHYLLIS CAMPBELL DIRECTOR 2.00 X 0 0 0 ALTA CHARO DIRECTOR 2.00 X 0 0 0 THOMAS DANIEL DIRECTOR 2.00 X 0 0 0 CARLA DEWBERRY DIRECTOR 2.00 X 0 0 0 STEPHEN HALL DIRECTOR 2.00 X 0 0 0 ALLAN JONES DIRECTOR 2.00 X 0 0 0 MICHAEL STRYKER DIRECTOR 2.00 X 0 0 0 AVIV REGEV DIRECTOR 2.00 X 0 0 0 RUI COSTA PRESIDENT 40.00 X 1229107 0 41652 MARJORIE THOMAS VP, TREASURER, CFO 40.00 X 598200 0 26609 MARGARET MCCLELLAN VICE PRESIDENT, SECRETARY 40.00 X 540369 0 34908 CHRISTOPHER BEAUDOIN VICE PRESIDENT, COO 40.00 X 554507 0 35846 HONGKUI ZENG EXECUTIVE VP, DIR. BRAIN SCIENCE 40.00 X 598964 0 33468 ANANDA GOLDRATH EXECUTIVE VP, DIR. ALLEN I 40.00 X 599239 0 17354 ANDREW HICKL CHIEF TECHNOLOGY OFFICER 40.00 X 558044 0 34863 KATHRYN RICHMOND EXECUTIVE VP, DIR. FRONTIERS 40.00 X 509076 0 29092 KAREL SVOBODA EXECUTIVE VP, DIR. NEURAL DYNAMICS 40.00 X 556227 0 35436 RUWANTHI NIRANJALA GUNAWARDANE EXECUTIVE VP, DIR. CELL SCIENCE 40.00 X 489066 0 22172 6232799 0 311400 538 0 1 0 GENERAL DATATECH LP PO BOX 650002 DALLAS TX 75265 IT SERVICE MAINTENANCE 737838 NEVILLE BRODY 94 ISLINGTON HIGH STREET LONDON UK N1 8EG BRAND AND COMMUNICATIONS 433333 DELOITTE CONSULTING LLP PO BOX 844717 DALLAS TX 75284 OPERATIONAL LANDSCAPE ANALYSIS 260935 LEWIS-BURKE ASSOCIATE LLC 440 FIRST SREET NW SUITE 700 WASHINGTON DC 20001 LOBBYING & ADVOCACY 256066 THOMAS BRAUN ZULLSDORFER STR 39 ANNABURG GM 06925 SOFTWARE DEVELOPMENT 188603 11 82839168 182085225 264924393 SERVICE INCOME 611600 598724 598724 MATERIAL TRANSFER 541700 123486 123486 722210 6017120 6017120 267500 267500 31240 15039 16201 16201 16201 REIMBURSEMENTS 900099 110782 110782 110782 272058206 722210 0 6411603 19155275 19155275 2189199 2189199 3693044 3693044 114080965 93459697 20621268 6165100 4947901 1217199 12940179 10343648 2596531 7968705 6321237 1647468 829219 749805 79414 263461 263461 221900 221900 16257684 11230643 5027041 686216 476435 209781 16486258 10958684 5527574 64957 64957 19630043 16097897 3532146 3827831 2352751 1475080 2508861 1553990 954871 16768 10819 5949 12108904 7483373 4625531 LABORATORY SUPPLIES 28230425 28064368 166057 TRAINING & RECRUITING 1295966 998479 297487 PUBLIC EDUCATION 1001081 644082 356999 DUES AND SUBSCRIPTIONS 628349 414923 213426 432682 48724 383958 270683072 217788787 52894285 0 16342774 15803917 78295973 80154762 12031019 12452119 897525 644791 510000 450000 420837 378379 5029870 6199704 173759893 102098404 64721905 71661489 47166882 49835333 125943900 129539538 351360685 367120032 22844782 32830757 1651343 1810794 125337139 128806533 149833264 163448084 X 196072212 197476353 5455209 6195595 201527421 203671948 351360685 367120032 X 1375134 679393 90000 X 0 1 X 1 1 1 X UNIVERSITY OF WASHINGTON SCHOOL OF MEDICINE SEATTLE WA RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 221900 221900 270371172 270593072 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 180000 180000 230000 221900 811900 250000 250000 250000 250000 1000000 1500000 68493216 30318737 38174479 90813400 71779667 19033733 14453277 14453277 71661489 ROU LEASE ASSETS 129539538 129539538 LONG TERM LEASE PAYMENTS 128806533 128806533 272475000 679393 679393 271795607 262599 262599 272058206 270334000 -90000 -90000 270424000 259072 259072 270683072 PART XI, LINE 4B - OTHER ADJUSTMENTS: AUDITED FINANCIAL STMT. ROUNDING ADJUSTMENT 1,020. DIVERSION OF VENDOR PAYMENT WRITE OFF 261,579. PART XII, LINE 2D - OTHER ADJUSTMENTS: PRIOR YEAR ACCRUED GRANT REVERSED IN CURRENT YEAR -90,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: AUDITED FINANCIAL STMT. ROUNDING ADJUSTMENT -2,507. DIVERSION OF VENDOR PAYMENT WRITE OFF 261,579. 1 EAST ASIA AND THE PACIFIC 0 594 PROGRAM SERVICES RESEARCH AND SENDING AGENTS TO SEMINAR 282633 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 1507 PROGRAM SERVICES RESEARCH, CONSULTING, AND SENDING AGENTS TO SEMINAR 3446133 MIDDLE EAST AND NORTH AFRICA 0 82 PROGRAM SERVICES RESEARCH 32435 NORTH AMERICA 0 432 PROGRAM SERVICES RESEARCH AND SENDING AGENTS TO SEMINAR 164709 SOUTH AMERICA 0 14 PROGRAM SERVICES RESEARCH 1971 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES SENDING AGENTS TO SEMINAR 18213 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION N/A 173787 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION N/A 1945734 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION N/A 69678 0 2629 0 0 0 2629 6065615 69678 6135293 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 628467 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 278260 WIRE 0 EAST ASIA AND THE PACIFIC RESEARCH 173787 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 242909 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 214566 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 206919 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 138050 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 132331 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 43101 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 38736 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 22395 WIRE 0 NORTH AMERICA RESEARCH 69678 WIRE 0 12 0 0 0 0 0 0 0 PART I, LINE 2: THE ALLEN INSTITUTE ASSIGNS RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE UNITED STATES TO ITS OFFICE OF SPONSORED RESEARCH. THIS OFFICE MONITORS ALL GRANT MAKING ACTIVITY INCLUDING ALL APPLICABLE COMPLIANCE REGULATIONS. MONITORING INCLUDES PERIODIC REVIEWS OF BUDGET TO ACTUAL REPORTS BY BOTH THE OFFICE OF SPONSORED RESEARCH AND THE PRINCIPAL INVESTIGATOR TO ENSURE FUNDS ARE USED ACCORDING TO THE AGREEMENT. PART I, LINE 3: EXPENSES ARE ACCOUNTED FOR ON AN ACCRUAL BASIS. 1 ADDGENE INC 490 ARSENAL WAY SUITE 100 WATERTOWN MA 02472 900133592 501(C)(3) 137464 0 RESEARCH APPALACHIAN STATE UNIVERSITY 438 ACADEMY STREET BOONE NC 28608 561176030 501(C)(3) 24464 0 RESEARCH ARIZONA STATE UNIVERSITY PO BOS 876011 TEMPE AZ 85287 860196696 501(C)(3) 125089 0 RESEARCH BAYLOR COLLEGE OF MEDICINE ONE BAYLOR PLAZA ROOM-BCM280 HOUSTON TX 77030 741613878 501(C)(3) 43567 0 RESEARCH BOSTON UNIVERSITY 881 COMMONWEALTH AVENUE BOSTON MA 02215 042103547 501(C)(3) 589446 0 RESEARCH CALIFORNIA INSTITUTE OF TECHNOLOGY MC 114-96 1200 E CALIFORNIA BLVD PASADENA CA 91125 951643307 501(C)(3) 3015 0 RESEARCH CALIFORNIA STATE UNIVERSITY EAST BAY 25800 CARLOS BLVD HAYWARD CA 94542 941524922 501(C)(3) 14089 0 RESEARCH CEDARS-SINAI MEDICAL CENTER 8700 BEVERLY BLVD 65WIL-1150 LOS ANGELES CA 90048 951644600 501(C)(3) 97942 0 RESEARCH ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI ONE GUSTAVE L LEVY PLACE BOX 1075 NEW YORK NY 10029 136171197 501(C)(3) 1939391 0 RESEARCH KAISER FOUNDATION RESEARCH INSTITUTE 1800 HARRISON STREET 16TH FLOOR OAKLAND CA 94612 941105628 501(C)(3) 61749 0 RESEARCH MASSACHUSETTS GENERAL HOSPITAL 55 FRUIT STREET BOSTON MA 02114 042697983 501(C)(3) 942942 0 RESEARCH MASSACHUSETTS INSTITUTE OF TECHNOLOGY CASHIERS OFFICE NE46-3160 77 MASSACHUSETTS AVE CAMBRIDGE MA 02139 042103594 501(C)(3) 2518196 0 RESEARCH MOUNT HOLYOKE COLLEGE 50 COLLEGE STREET SOUTH HADLEY MA 01075 042103578 501(C)(3) 25227 0 RESEARCH NEW YORK UNIVERSITY 70 WASHINGTON SQUARE SOUTH NEW YORK NY 10003 135562308 501(C)(3) 507779 0 RESEARCH NORTH CAROLINA STATE UNIVERSITY CAMPUS BOX 7205 RALEIGH NC 27695 566000756 501(C)(3) 16895 0 RESEARCH REGENTS OF THE UNIVERSITY OF MINNESOTA 450 MCNAMARA ALUMNI CENTER 200 OAK STREET SE MINNEAPOLIS MN 55455 416007513 501(C)(3) 73097 0 RESEARCH ROCKEFELLER UNIVERSITY 5724 HWY 280 EAST BIRMINGHAM AL 35242 636014186 501(C)(3) 814693 0 RESEARCH SEATTLE CHILDREN'S RESEARCH INSTITUTE 4800 SAND POINT WAY NE SEATTLE WA 98105 910564748 501(C)(3) 111224 0 RESEARCH STANFORD UNIVERSITY 3145 PORTER DRIVE PALO ALTO CA 94304 941156365 501(C)(3) 119287 0 RESEARCH THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS 809 SOUTH MARSHFIELD AVENUE MB502M/C551 CHICAGO IL 60612 376000511 501(C)(3) 428247 0 RESEARCH THE JOHN HOPKINS UNIVERSITY 3910 KESWICK ROAD BALTIMORE MA 21211 520595110 501(C)(3) 658856 0 RESEARCH THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK 630 WEST 168TH STREET BOX 49 NEW YORK NY 10032 135598093 501(C)(3) 510914 0 RESEARCH THE TRUSTEES OF PRINCETON UNIVERSITY PO BOX 0036 619 ALEXANDER ROAD SUITE 102 PRINCETON NJ 08540 210634501 501(C)(3) 3388837 0 RESEARCH THE UNIVERSITY OF CHICAGO 6054 SOUTH DREXEL AVENUE CHICAGO IL 60637 362177139 501(C)(3) 481611 0 RESEARCH THE UNIVERSITY OF NEBRASKA MEDICAL CENTER 987835 NEBRASKA MEDICAL CENTER OMAHA NE 68198 470049123 501(C)(3) 70098 0 RESEARCH TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA 125 SOUTH 31ST STREET SUITE 2000 PHILADELPHIA PA 19104 231352685 501(C)(3) 103848 0 RESEARCH UNIVERSITY OF CALIFORNIA BERKELEY 2195 HEARST AVE BERKELEY CA 94720 946002123 501(C)(3) 58017 0 RESEARCH UNIVERSITY OF CALIFORNIA SAN DIEGO 9500 GILMAN DRIVE LA JOLLA CA 92093 956006144 501(C)(3) 142483 0 RESEARCH UNIVERSITY OF WASHINGTON 4333 BROOKLYN AVE NE SEATTLE WA 98195 916001537 501(C)(3) 3459548 0 RESEARCH WASHINGTON UNIVERSITY IN ST LOUIS ONE BROOKINGS DRIVE SAINT LOUIS MO 63130 430653611 501(C)(3) 581098 0 RESEARCH ZETTA AI LLC 108 NOTO DRIVE SHERRELL NY 13461 823273240 1106162 0 RESEARCH 30 1 PART I, LINE 2: THE ALLEN INSTITUTE ASSIGNS RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES TO RESEARCH FUNDING & THE OFFICE OF SPONSORED RESEARCH. THESE TEAMS MONITORS ALL GRANT MAKING ACTIVITY INCLUDING ALL APPLICABLE COMPLIANCE REGULATIONS. MONITORING INCLUDES PERIODIC REVIEWS OF BUDGET TO ACTUAL REPORTS BY RESEARCH FUNDING, THE OFFICE OF SPONSORED RESEARCH AND THE PRINCIPAL INVESTIGATOR TO ENSURE FUNDS ARE USED ACCORDING TO THE AGREEMENT. X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 RUI COSTA PRESIDENT 989224 0 178207 0 61676 0 15250 0 26402 0 1270759 0 0 0 HONGKUI ZENG EXECUTIVE VP, DIR. BRAIN SCIENCE 500725 0 96853 0 1386 0 15250 0 18218 0 632432 0 0 0 MARJORIE THOMAS VP, TREASURER, CFO 506363 0 91837 0 0 0 15250 0 11359 0 624809 0 0 0 ANANDA GOLDRATH EXECUTIVE VP, DIR. ALLEN I 456246 0 34833 0 108160 0 0 0 17354 0 616593 0 0 0 ANDREW HICKL CHIEF TECHNOLOGY OFFICER 518461 0 39583 0 0 0 9671 0 25192 0 592907 0 0 0 KAREL SVOBODA EXECUTIVE VP, DIR. NEURAL DYNAMICS 470141 0 85386 0 700 0 15250 0 20186 0 591663 0 0 0 CHRISTOPHER BEAUDOIN VICE PRESIDENT, COO 472077 0 80750 0 1680 0 11344 0 24502 0 590353 0 0 0 MARGARET MCCLELLAN VICE PRESIDENT, SECRETARY 539677 0 0 0 692 0 15250 0 19658 0 575277 0 0 0 KATHRYN RICHMOND EXECUTIVE VP, DIR. FRONTIERS 430282 0 78012 0 782 0 15250 0 13842 0 538168 0 0 0 RUWANTHI NIRANJALA GUNAWARDANE EXECUTIVE VP, DIR. CELL SCIENCE 414758 0 72628 0 1680 0 11500 0 10672 0 511238 0 0 0 PART I, LINE 1A PERIODICALLY, SENIOR EXECUTIVES MAY TAKE FIRST CLASS TRAVEL DUE TO LENGTH OF THE TRIP, TIMING OF FLIGHT OR VISIT SCHEDULE. TAX GROSS UPS OF MOVING EXPENSES MAY BE PAID TO RECRUIT NEW EMPLOYEES. ALL EMPLOYEES ARE ENTITLED TO 75% OF HEALTH CLUB DUES REIMBURSEMENT (UP TO $140 OF REIMBURSEMENT/MONTH), BUT NOT UNDER A QUALIFIED BENEFIT PLAN. PART I, LINE 1B WE FOLLOWED THE WRITTEN POLICIES FOR 'FIRST-CLASS OR CHARTER TRAVEL AND 'HEALTH OR SOCIAL CLUB DUES OR INITIAL FEES.' WE DO NOT HAVE A WRITTEN 'HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE' POLICY. PART I, LINE 7 THE PRESIDENT, EXECUTIVES, AND CERTAIN SENIOR INSTITUTE LEADERS ARE ELIGIBLE FOR AN ANNUAL PERFORMANCE BONUS BASED UPON ATTAINMENT OF INSTITUTE-WIDE OR, INDIVIDUAL GOALS. NEAR THE END OF THE COMPENSATION YEAR (JANUARY-DECEMBER). INSTITUTE SENIOR LEADERSHIP ASSESSED THEIR PERFORMANCE RELATIVE TO GOALS, REVIEWED THEIR SELF-ASSESSMENT WITH THEIR MANAGER WHO MADE A FINAL DECISION ON PERFORMANCE SCORES. ALL SCORES AND ASSOCIATED BONUSES WERE PRESENTED TO THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS FOR FINAL REVIEW AND APPROVAL. RUI COSTA SEE PART V SEE PART V X 600000 450000 0 1 1 450000 SEE PART V SEE PART V 16830191 SEE PART V 0 SEE PART V SEE PART V 513499 SEE PART V 0 SCHEDULE L, PART II (B) RELATIONSHIP WITH ORGANIZATION: PRESIDENT(C) PURPOSE: ADVANCE FOR REIMBURSABLE EXPENSES SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: RELATED TO SUBSTANTIAL CONTRIBUTOR(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: 35% CONTROLLED ENTITY OF A SUBSTANTIAL CONTRIBUTOR(D) DESCRIPTION OF TRANSACTION: LEASE PAYMENTS SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: SUBSTANTIAL CONTRIBUTOR(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: SUBSTANTIAL CONTRIBUTOR(D) DESCRIPTION OF TRANSACTION: PROGRAM SERVICE REVENUE FORM 990, PART I, LINE 6: UNCOMPENSATED BOARD MEMBERS SERVED AS VOLUNTEERS DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 5 IN 2024, THE ALLEN INSTITUTE EXPERIENCED A DIVERSION OF ASSETS RESULTING FROM A WIRE TRANSFER SENT TO AN IMPOSTER POSING AS A LEGITIMATE VENDOR. A PAYMENT OF $261,363, INTENDED AS A VENDOR PAYMENT, WAS SENT TO A FRAUDULENT ACCOUNT AFTER THE INTENDED VENDOR'S EMAIL AND SERVERS WERE COMPROMISED. THE INSTITUTE FOLLOWED ITS STANDARD PAYMENT CONTROLS FOR THIS TRANSACTION, INCLUDING VERBAL CONFIRMATION OF THE PAYMENT INSTRUCTIONS. DESPITE PROMPT ACTION TO INVESTIGATE AND RECOVER THE FUNDS, THE FULL AMOUNT WAS DETERMINED TO BE UNRECOVERABLE. THE INSTITUTE NOTIFIED ITS FINANCIAL INSTITUTION AND FILED A REPORT WITH THE FBI (IC3). TO REDUCE THE RISK OF PAYMENT FRAUD, THE INSTITUTE IMPLEMENTED SUPPLIER SELF-REGISTRATION FUNCTIONALITY WITHIN ITS ERP SYSTEM. THIS CONTROL STRENGTHENS THE VENDOR ONBOARDING PROCESS BY REQUIRING SUPPLIERS TO SECURELY SUBMIT AND UPDATE THEIR OWN BANKING INFORMATION THROUGH A VERIFIED PORTALELIMINATING RELIANCE ON POTENTIALLY COMPROMISED EMAIL COMMUNICATIONS OR VENDOR WEBSITES. THE INSTITUTE FILED CLAIMS UNDER ITS INSURANCE COVERAGE AND HAS RECEIVED LOSS PAYMENTS TOTALING $200,000 IN 2025. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE DEPARTMENT AND THE LEGAL DEPARTMENT PERFORM A THOROUGH REVIEW, AND THE BOARD MEMBERS ARE GIVEN COPIES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ALLEN INSTITUTE REQUIRES DIRECTORS TO COMPLY WITH THE BOARD OF DIRECTORS CONFLICT OF INTEREST POLICY. ON AN ANNUAL BASIS, EACH BOARD MEMBER MUST SIGN A DISCLOSURE FORM CONFIRMING RECEIPT OF THIS POLICY AND THAT THEY HAVE DISCLOSED ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. IF A BOARD MEMBER BELIEVES THEY HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST THAT ARISES BEFORE THE NEXT ANNUAL DISCLOSURE, THEY MUST IDENTIFY AND DISCLOSE THE CONFLICT OF INTEREST. THE GENERAL COUNSEL ADVISES THE CHAIR OF THE FINANCE, RISK & AUDIT (FRA CHAIR) COMMITTEE IF A CONFLICT OF INTEREST IS RECEIVED AND IF THE DISCLOSURE NEEDS TO BE ADDRESSED. THE GENERAL COUNSEL THEN REVIEWS AND MAKES AN INITIAL DETERMINATION ABOUT WHETHER AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTS. IF AN ACTUAL CONFLICT OF INTEREST EXISTS, THE GENERAL COUNSEL, ALONG WITH THE FRA CHAIR OR A DISINTERESTED MEMBER OF THE BOARD, MAKES A FINAL DETERMINATION ABOUT WHETHER A CONFLICT OF INTEREST EXISTS AND WHAT SUBSEQUENT ACTION IS APPROPRIATE (IF ANY). THE GENERAL COUNSEL OR FRA CHAIR NOTIFIES THE BOARD ABOUT THE DETERMINATION. THE BOARD CAN MODIFY OR REVERSE THE DETERMINATION AND HAS THE ULTIMATE AUTHORITY REGARDING APPLICATION OF THE POLICY. ALL EMPLOYEES, INCLUDING OFFICERS AND KEY EMPLOYEES, ARE REQUIRED TO COMPLY WITH THE ALLEN INSTITUTE CONFLICT OF INTEREST POLICY. UNDER THE POLICY, ALL EMPLOYEES HAVE A DUTY TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST. ADDITIONALLY, ALL EMPLOYEES ANNUALLY UPDATE AND REVIEW EXISTING DISCLOSURES AND ARE REQUIRED TO DISCLOSE ANY NEW CONFLICTS OF INTEREST THROUGHOUT THE YEAR. IF AN ACTUAL OR POTENTIAL DISCLOSURE IS MADE, THE INSTITUTE REVIEWS IT TO DETERMINE WHETHER ANY CONTROLS OR MANAGEMENT ARE REQUIRED. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS REGARDING THE COMPENSATION OF THE CEO AND EXECUTIVE MANAGEMENT USING THE FOLLOWING PRACTICES: THE INSTITUTE'S PEOPLE AND CULTURE DEPARTMENT USES AN OUTSIDE EXECUTIVE COMPENSATION CONSULTANT TO BENCHMARK SENIOR EXECUTIVE LEADERSHIP BASE AND TOTAL CASH COMPENSATION TO ASSESS MARKET CONSISTENCY. THE PEOPLE AND CULTURE DEPARTMENT DEVELOPS BASE AND TOTAL CASH COMPENSATION RECOMMENDATIONS FOR THE CEO AND EACH EXECUTIVE LEADER. THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE RECOMMENDATIONS AND SUPPORTING BENCHMARKING DATA. BASED ON THESE REVIEWS THE COMPENSATION COMMITTEE ESTABLISHES SALARY ADJUSTMENTS FOR THE CEO AND THE CEO'S DIRECT REPORTS AND ANY SENIOR LEADER ELIGIBLE FOR THE VARIABLE COMPENSATION PLAN. COMPENSATION WAS LAST REVIEWED DECEMBER 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ALLEN INSTITUTE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE FINANCIAL CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE ALLEN INSTITUTE WEBSITE. FORM 990, PART XI, LINE 9: PRIOR YEAR ACCRUED GRANT REVERSED IN CURRENT YEAR 90,000.