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SANFORD CONSORTIUM FOR REGENERATIVE MEDICINE: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
SANFORD CONSORTIUM FOR REGENERATIVE MEDICINE (EIN 20-8009370)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-13
IRS object ID
202033189349313218
Schema version
2019v5.1
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)
Return2020-11-13T19:55:29-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN910189318PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MOSS ADAMS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14747 EXECUTIVE DR SUITE 1300AddressLine1Txt
CitySAN DIEGOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92121ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN208009370EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SANFORD CONSORTIUM FOR REGENERATIVEBusinessNameLine1Txt
Business Name Line2MEDICINEBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSANFBusinessNameControlTxt
Phone8582461074PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12880 TORREY PINES SCENIC DRAddressLine1Txt
CityLA JOLLACityNm
State AbbreviationCAStateAbbreviationCd
ZIP92037ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEFFREY A STEINDORFPersonNm
Person TitleCOO/VPPersonTitleTxt
Phone8582461074PhoneNum
Signature2020-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPATRICIA J MAYERPreparerPersonNm
PTINP00188643PTIN
Phone8586271400PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address172.90.17.200IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-12IPDt
IP Tm23:45:33IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id45A0DEE88EBA5BC01B2D6E064F66B43F0304238AAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerEDWARD W HOLMESPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12880 TORREY PINES SCENIC DRAddressLine1Txt
CityLA JOLLACityNm
State AbbreviationCAStateAbbreviationCd
ZIP92037ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$8,138,446GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SANFORDCONSORTIUM.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2006FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionAPPLYING THE POWER OF COLLABORATIVE STEM CELL RESEARCH TO ADVANCE BREAKTHROUGH THERAPIES.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$19,750TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$16,185NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$8,024,845PYProgramServiceRevenueAmt
CY Program Service Revenue$7,936,722CYProgramServiceRevenueAmt
PY Investment Income$133,302PYInvestmentIncomeAmt
CY Investment Income$125,880CYInvestmentIncomeAmt
PY Other Revenue$75,670PYOtherRevenueAmt
CY Other Revenue$75,844CYOtherRevenueAmt
PY Total Revenue$8,233,817PYTotalRevenueAmt
CY Total Revenue$8,138,446CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$290,808PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$298,225CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$7,929,735PYOtherExpensesAmt
CY Other Expenses$8,055,953CYOtherExpensesAmt
PY Total Expenses$8,220,543PYTotalExpensesAmt
CY Total Expenses$8,354,178CYTotalExpensesAmt
PY Revenues Less Expenses$13,274PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$215,732CYRevenuesLessExpensesAmt
Total Assets BOY$99,062,175TotalAssetsBOYAmt
Total Assets EOY$96,488,627TotalAssetsEOYAmt
Total Liabilities BOY$59,790,871TotalLiabilitiesBOYAmt
Total Liabilities EOY$57,433,055TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$39,271,304NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$39,055,572NetAssetsOrFundBalancesEOYAmt
MissionTHE SANFORD CONSORTIUM, A COLLABORATION OF FIVE PREEMINENT, LIFE SCIENCE RESEARCH INSTITUTIONS, COMPRISES RENOWNED SCIENTISTS WITH EXPERTISE IN STEM CELL AND REGENERATIVE MEDICINE RESEARCH WHO ARE SEEKING TRANSFORMATIVE DISCOVERIES AND BREAKTHROUGH MEDICAL ADVANCES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$7,709,726ExpenseAmt
Revenue$7,836,042RevenueAmt
DescIN 2019, SCIENTISTS FROM THE SANFORD CONSORTIUM'S FIVE MEMBER INSTITUTIONS - LA JOLLA INSTITUTE FOR ALLERGY AND IMMUNOLOGY, SALK INSTITUTE FOR BIOLOGICAL STUDIES, SANFORD BURNHAM PREBYS MEDICAL DISCOVERY INSTITUTE, SCRIPPS RESEARCH, AND THE UNIVERSITY OF CALIFORNIA, SAN DIEGO - CONTINUED RESEARCH INTO HARNESSING THE REGENERATIVE POWERS OF STEM CELLS TO DISCOVER TREATMENTS AND CURES FOR MANY OF THE WORLD'S MOST CHALLENGING DISEASES, INCLUDING ALZHEIMER'S DISEASE, CANCER, DIABETES, HEART DISEASE, PARKINSON'S DISEASE, AND SPINAL CORD INJURIES. PUBLISHED RESEARCH BY CONSORTIUM SCIENTISTS ADVANCED THE BASE OF KNOWLEDGE AVAILABLE TO THE INTERNATIONAL COMMUNITY OF STEM CELL RESEARCHERS.Desc
Total Program Service Expenses$7,709,726TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee2EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JEFFREY A STEINDORFBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8582461101PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12880 TORREY PINES SCENIC DRAddressLine1Txt
CityLA JOLLACityNm
State AbbreviationCAStateAbbreviationCd
ZIP92037ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
STEINDORF JEFFREY
VICE PRESIDENT & COO40.00Yes (X)$217,024$0$0
HOLMES EDWARD
PRESIDENT & DIRECTOR20.00Yes (X)$44,623$0$21,564Yes (X)
ATKINSON RICHARD
DIRECTOR1.00$0$0$0Yes (X)
BRENNER DAVID
DIRECTOR1.00$0$0$0Yes (X)
BURNHAM MALIN
BOARD CHAIR1.00$0$0$0Yes (X)
KEADLE ELIZABETH
DIRECTOR1.00$0$0$0Yes (X)
KHOSLA PRADEEP
DIRECTOR1.00$0$0$0Yes (X)
KRONENBERG MITCHELL
DIRECTOR1.00$0$0$0Yes (X)
SAMIT ROBIN
VICE PRESIDENT & SECRETARY1.00Yes (X)$0$0$0
SANFORD DENNY
BOARD VICE CHAIR1.00$0$0$0Yes (X)
SCHULTZ PETER
DIRECTOR1.00$0$0$0Yes (X)
VUORI KRISTINA
DIRECTOR1.00$0$0$0Yes (X)
WITMER KIM
VICE PRESIDENT & CFO1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$261,647TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$21,564TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
FACILITY SERVICES PARTNERS INC
1 UNIVERSITY DRIVEALISO VIEJOCA92656FACILITIES MANAGEMENT$490,994
SEQUOIA
1 UNIVERSITY DRIVEALISO VIEJOCA92656JANITORIAL SERVICES$331,946
DPR CONSTRUCTION
5010 SHOREHAM PLACESAN DIEGOCA92122CONSTRUCTION SERVICES$280,725
SECURITAS SECURITY SERVICES USA INC
1550 HOTEL CIRCLE NORTHSAN DIEGOCA92108SECURITY SERVICES$153,161
LOCKTON INSURANCE BROKERS LLC
DEPT LA 23878PASADENACA91185INSURANCE BROKER$144,186
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
LICENSE FEES900099$7,460,000$7,460,000
MISCELLANEOUS REVENUE900099$400,038$299,358$100,680
EXPENSE REIMBURSEMENT900099$76,684$76,684
FieldValueIRS element (for citing)
Total Program Service Revenue$7,936,722TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$125,880TotalRevenueColumnAmt
Exclusion$125,880ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescPARKING REVENUEDesc
Business812930BusinessCd
Total Revenue Column$75,844TotalRevenueColumnAmt
Unrelated Business Revenue$19,750UnrelatedBusinessRevenueAmt
Exclusion$56,094ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$75,844OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,138,446TotalRevenueColumnAmt
Related Or Exempt Func Income$7,836,042RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$19,750UnrelatedBusinessRevenueAmt
Exclusion$282,654ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$283,211TotalAmt
Program Services$121,782ProgramServicesAmt
Management And General$161,429ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$15,014TotalAmt
Program Services$6,456ProgramServicesAmt
Management And General$8,558ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$493,742TotalAmt
Program Services$493,742ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$47,225TotalAmt
Management And General$47,225ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$110,948TotalAmt
Management And General$110,948ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$30,659TotalAmt
Management And General$30,659ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,467,880TotalAmt
Program Services$1,467,880ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,337TotalAmt
Management And General$2,337ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$15,775TotalAmt
Program Services$15,775ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,198,328TotalAmt
Program Services$1,198,328ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,952,059TotalAmt
Program Services$2,952,059ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$138,345TotalAmt
Management And General$138,345ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
BUILDING SUPPORT$678,054$678,054
SCIENCE SUPPORT$282,320$282,320
JANITORIAL SERVICES$254,068$254,068
OPERATIONAL & FINANCIAL$197,311$84,844$112,467

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$186,902TotalAmt
Program Services$154,418ProgramServicesAmt
Management And General$32,484ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,354,178TotalAmt
Program Services$7,709,726ProgramServicesAmt
Management And General$644,452ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,375,556BOYAmt
EOY$2,119,053EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$49,028BOYAmt
EOY$204,569EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$102,299BOYAmt
EOY$108,140EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$123,573,227LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$35,504,822LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$90,670,574BOYAmt
EOY$88,068,405EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$5,864,718BOYAmt
EOY$5,988,460EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$99,062,175BOYAmt
EOY$96,488,627EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$517,266BOYAmt
EOY$643,774EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$59,273,605BOYAmt
EOY$56,789,281EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$59,790,871BOYAmt
EOY$57,433,055EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$39,271,304BOYAmt
EOY$39,055,572EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$39,271,304BOYAmt
EOY$39,055,572EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$99,062,175BOYAmt
EOY$96,488,627EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$215,732ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$50,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$250CurrentTaxYearMinus2YearsAmt
Total$50,250TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$50,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$250CurrentTaxYearMinus2YearsAmt
Total$50,250TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$50,250PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$119,705CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$209,949CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$212,433CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$283,345CurrentTaxYearMinus1YearAmt
Current Tax Year$282,654CurrentTaxYearAmt
Total$1,108,086TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,189CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,866CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,275CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,346CurrentTaxYearMinus1YearAmt
Current Tax Year$16,185CurrentTaxYearAmt
Total$52,861TotalAmt
FieldValueIRS element (for citing)
Total Support$1,211,197TotalSupportAmt
Gross Receipts Rltd Activities$40,082,284GrossReceiptsRltdActivitiesAmt
Public Support CY1700.04150PublicSupportCY170Pct
Public Support PY1700.10490PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test PYYes (X)TenPctFactsCrcmstncsTestPYInd
Facts And Circumstances TestPURSUANT TO REGULATION 1.170A-9(E) (3) THE ORGANIZATION NORMALLY RECEIVES A SUBSTANTIAL PART OF ITS SUPPORT DIRECTLY OR INDIRECTLY FROM THE GENERAL PUBLIC AND IT IS ACTIVELY ENGAGED IN THE ATTRACTION OF PUBLIC SUPPORT. THE ORGANIZATION IS PUBLICLY SUPPORTED UNDER THE FACTS AND CIRCUMSTANCES TEST AS FOLLOWS:(I) TEN PERCENT-OF-SUPPORT LIMITATION: THE PERCENTAGE OF SUPPORT NORMALLY RECEIVED BY THE ORGANIZATION FROM CONTRIBUTIONS MADE BY GOVERNMENT UNITS, FROM CONTRIBUTIONS MADE DIRECTLY OR INDIRECTLY BY THE GENERAL PUBLIC, OR FROM A COMBINATION OF THESE SOURCES EQUALS AT LEAST 10 PERCENT. (II) ATTRACTION OF PUBLIC SUPPORT: THE ORGANIZATION IS ORGANIZED AND OPERATED TO CONTINUOUSLY ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT. THE BOARD OF DIRECTORS MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND SURROUNDING COMMUNITY. THE BOARD AND VOLUNTEERS ACTIVELY PURSUE PUBLIC FUNDS AND CORPORATE SPONSORSHIPS IN SAN DIEGO COUNTY. (III) PERCENTAGE OF FINANCIAL SUPPORT: FOR THE YEAR ENDED DECEMBER 31, 2018, PUBLIC SUPPORT NORMALLY RECEIVED EQUALED 10.49%, WHICH SATISFIES THE TEN PERCENT REQUIREMENT. (IV) SOURCES OF SUPPORT: THE ORGANIZATION RECEIVES SUPPORT FROM A LARGE REPRESENTATIVE NUMBER OF PERSONS. IT DOES NOT RECEIVE ALMOST ALL OF ITS SUPPORT FROM THE MEMBERS OF A SINGLE FAMILY. THE ORGANIZATION HAS BEEN IN EXISTENCE SINCE 2006. THE ORGANIZATION WAS FORMED BY THE SANFORD BURNHAM PREBYS MEDICAL DISCOVERY INSTITUTE, THE SALK INSTITUTE FOR BIOLOGICAL STUDIES, SCRIPPS RESEARCH, AND THE UNIVERSITY OF CALIFORNIA, SAN DIEGO CAMPUS OF THE REGENTS OF THE UNIVERSITY OF CALIFORNIA "COLLABORATING ORGANIZATIONS", TO PLAN, FINANCE, CONSTRUCT, AND OPERATE A STEM CELL RESEARCH LABORATORY BUILDING TO ENABLE AND FACILITATE INTER-INSTITUTIONAL, MULTI-DISCIPLINARY COLLABORATIVE STEM CELL AND RELATED FIELD RESEARCH AND EDUCATION. DURING 2011, THE LA JOLLA INSTITUTE FOR ALLERGY AND IMMUNOLOGY BECAME A FIFTH COLLABORATING ORGANIZATION. THE ORGANIZATION SEEKS TO HARNESS THE REGENERATIVE POWERS OF STEM CELL TO DISCOVER TREATMENTS AND CURES FOR MANY OF THE WORLD'S MOST CHALLENGING DISEASES, INCLUDING ALZHEIMER'S DISEASE, CANCER, DIABETES, HEART DISEASE, PARKINSON'S DISEASE, AND SPINAL CORD INJURIES. PUBLISHED RESEARCH BY THE ORGANIZATION'S SCIENTISTS ADVANCES THE BASE OF KNOWLEDGE AVAILABLE TO THE INTERNATIONAL COMMUNITY OF STEM CELL RESEARCHERS. OTHER ORGANIZATIONAL ACTIVITIES ENCOMPASS SAN DIEGO COUNTY. (V) REPRESENTATIVE GOVERNING BODY: THE ORGANIZATION'S BOARD OF DIRECTORS IS COMPRISED OF A DIVERSE MIXTURE OF DEDICATED PEOPLE FROM DIFFERENT INDUSTRIES AND BACKGROUNDS. SUCH PERSONS REPRESENT A BROAD CROSS-SECTION OF THE VIEWS AND INTERESTS OF THE COMMUNITY. THE GOVERNING BODY DOES NOT COMPRISE THE PERSONAL AND PRIVATE INTERESTS OF A LIMITED NUMBER OF DONORS. (VI) AVAILABILITY OF PUBLIC SERVICES: THE SERVICES AND PROGRAMS PROVIDED BY THE ORGANIZATION ARE AVAILABLE TO THE PUBLIC ON A CONTINUOUS BASIS.FactsAndCircumstancesTestTxt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$108,610,453OtherCostOrOtherBasisAmt
Depreciation$20,542,048DepreciationAmt
Book Value$88,068,405BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,962,774OtherCostOrOtherBasisAmt
Depreciation$14,962,774DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$88,068,405TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescTHE REGENTS STIPDesc
Book Value$5,988,460BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$5,988,460TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$8,061,762TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$8,061,762RevenueSubtotalAmt
Other Revenues Not Included$76,684OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$76,684RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$8,138,446TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$8,277,494TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included-$76,684OtherExpensesIncludedAmt
Expenses Not Reported-$76,684ExpensesNotReportedAmt
Expenses Subtotal$8,354,178ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$8,354,178TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:SANFORD CONSORTIUM HAS NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AS OF DECEMBER 31, 2019 OR 2018. SANFORD CONSORTIUM FILES AN EXEMPT ORGANIZATION RETURN IN THE UNITED STATES FEDERAL JURISDICTION AND WITH THE FRANCHISE TAX BOARD IN THE STATE OF CALIFORNIA. FOR EACH OF THE YEARS ENDED DECEMBER 31, 2019 AND 2018, TAXES ON UNRELATED BUSINESS INCOME ARE RECORDED WHEN PAID AND NO PROVISION FOR INCOME TAX HAS BEEN MADE.
PART XI, LINE 4B - OTHER ADJUSTMENTS:REIMBURSED EXPENSES 76,684.
PART XII, LINE 2D - OTHER ADJUSTMENTS:REIMBURSED EXPENSES -76,684.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonSTEINDORF JEFFREYPersonNm
TitleVICE PRESIDENT & COOTitleTxt
Base Compensation Filing Org$212,024BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$5,000BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$217,024TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 7FormAndLineReferenceDesc
ExplanationA DISCRETIONARY BONUS WAS PAID TO THE COO FOR ACHIEVING GOALS APPROVED BY THE BOARD OF DIRECTORS.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1CA INFRASTRUCTURE & ECON DEV BANKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN630304652BondIssuerEIN
CUSIP13034APJ3CUSIPNum
Bond Issued2016-10-01BondIssuedDt
Issue Price$64,485,972IssuePriceAmt
PurposeREFUNDING BONDSPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$64,485,972TotalProceedsAmt
Issuance Costs From Proceeds$450,275IssuanceCostsFromProceedsAmt
Capital Expenditures$64,035,697CapitalExpendituresAmt
Refunding Tax Exempt BondsYes (1)RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research AgreementsYes (1)AnyResearchAgreementsInd
Engage Bond Counsel ResearchYes (1)EngageBondCounselResearchInd
Private Bus Use By Others0.00000PrivateBusUseByOthersPct
Private Bus Concerning UBI0.00000PrivateBusConcerningUBIPct
Total Private Business Use0.00000TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due YetYes (1)RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (1)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE RETURN IS REVIEWED BY MANAGEMENT, AND A COPY IS PROVIDED TO ALL VOTING BOARD MEMBERS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CPER SANFORD'S CONFLICT OF INTEREST POLICY, ALL OFFICERS, DIRECTORS, TRUSTEES AND/OR KEY EMPLOYEES ("COVERED PERSONS") ARE REQUIRED TO PROMPTLY AND FULLY DISCLOSE ALL MATERIAL FACTS OF EVERY ACTUAL OR POTENTIAL CONFLICT OF INTEREST (A) EXISTING AT THE TIME HE/SHE BECOMES A COVERED PERSON; (B) THAT ARISES WHILE HE/SHE IS A COVERED PERSON, AT THE TIME SUCH ACTUAL OR POTENTIAL CONFLICT ARISES; AND (C) ANNUALLY, EVERY COVERED PERSON MUST COMPLETE A CONFLICT OF INTEREST SURVEY. ANY PERSON WITH A CONFLICT WITH RESPECT TO ANY MATTER MUST RECUSE HIM/HERSELF FROM ANY DISCUSSION OR VOTE WITH RESPECT TO SUCH MATTER.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION OF ALL OFFICERS AND KEY EMPLOYEES WAS REVIEWED BY THE BOARD IN CONSULTATION WITH THE COUNCIL OF ADMINISTRATIVE LEADERS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.