ALFRED E MANN FOUNDATION FOR SCIENTIFIC RESEARCH: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- ALFRED E MANN FOUNDATION FOR SCIENTIFIC RESEARCH (EIN 95-4002032)
- Tax period
- 2016-04-01 to 2017-03-31
- Filed
- 2017-08-11
- IRS object ID
- 201722239349301927
- Schema version
- 2016v3.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-08-11T17:00:31-05:00 | ReturnTs |
| Tax Period End | 2017-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Moss Adams LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 805 SW Broadway Ste 1200 | AddressLine1Txt |
| City | Portland | CityNm |
| State Abbreviation | OR | StateAbbreviationCd |
| ZIP | 97205 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954002032 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Alfred E Mann Foundation for | BusinessNameLine1Txt |
| Business Name Line2 | Scientific Research | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ALFR | BusinessNameControlTxt |
| Phone | 6617026700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25134 Rye Canyon Loop | AddressLine1Txt |
| City | Santa Clarita | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91355 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | John Petrovich | PersonNm |
| Person Title | Chief Executive Officer (Acting) | PersonTitleTxt |
| Phone | 6617026700 | PhoneNum |
| Signature | 2017-08-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Wendy Campos | PreparerPersonNm |
| PTIN | P00448102 | PTIN |
| Phone | 5032421447 | PhoneNum |
| Preparation | 2017-08-10 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 23.243.54.222 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-08-11 | IPDt |
| IP Tm | 16:48:44 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 7D0D6C7A6A5655B0595BBDB8C4257A6B648F0CEB | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | John Petrovich | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25134 Rye Canyon Loop | AddressLine1Txt |
| City | Santa Clarita | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91355 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $34,851,877 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.aemf.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1985 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | CONDUCT MEDICAL AND SCIENTIFIC RESEARCH | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 80 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $76,035 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$75,375 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,124,238 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,865 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $926,616 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $23,845 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,867,141 | PYInvestmentIncomeAmt |
| CY Investment Income | $953,967 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$377,460 | PYOtherRevenueAmt |
| CY Other Revenue | $3,000 | CYOtherRevenueAmt |
| PY Total Revenue | $4,540,535 | PYTotalRevenueAmt |
| CY Total Revenue | $986,677 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $7,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $8,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $10,867,512 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $9,596,695 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,044 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,378,698 | PYOtherExpensesAmt |
| CY Other Expenses | $5,741,212 | CYOtherExpensesAmt |
| PY Total Expenses | $17,253,210 | PYTotalExpensesAmt |
| CY Total Expenses | $15,345,907 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$12,712,675 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$14,359,230 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $82,113,434 | TotalAssetsBOYAmt |
| Total Assets EOY | $63,522,432 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,156,995 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,651,881 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $73,956,439 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $61,870,551 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE ALFRED E. MANN FOUNDATION FOR SCIENTIFIC RESEARCH IS A MEDICAL RESEARCH ORGANIZATION DEDICATED TO DEVELOPING AND COMMERCIALIZING INNOVATIVE SOLUTIONS FOR SIGNIFICANT UNMET MEDICAL CONDITIONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,171,173 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Advanced Technology Projects (New Projects)AMF has several early stage research and development efforts under way in this group that are directed at developing advanced technologies and concepts, including innovative uses for sensors, novel packaging and manufacturing processes for implantable devices including sensors, stimulators and pumps. The team is comprised of research scientists, engineers, legal and intellectual property experts, business strategists and analysts who monitor and evaluate new technologies and new project ideas and concepts before they are elevated to the status of full-fledged development programs. The group also provides business planning support for more mature AMF programs that are on their way to being commercialized. Status:As the projects are in initial feasibility or proof-of-concept stage for the most part, expenditures on any individual project are limited. Successful projects are screened for elevation to development program status, or to be financed in spinout companies by third parties. Unsuccessful efforts are terminated. During the previous period a number of new innovative projects have been evaluated by the team. Several new and promising areas were evaluated and one or more will become formal projects in FY2017. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,606,022 | ExpenseAmt |
| Grant | $3,000 | GrantAmt |
| Revenue | $23,845 | RevenueAmt |
| Desc | Implantable Myoelectric Sensor (IMES I + Clinical)Initially, the "IMES" project was a consortium project with the following partners: Northwestern University, the Illinois Institute of Technology, and Sigenics (a closely held engineering company). The initial funding for the IMES program was coming from the National Institutes for Biomedical Imaging and Bioengineering (NIBIB) and the National Institute of Child Health and Human Development (NICHD), as well as, the Defense Advanced Research Projects Agency (DARPA). In 2008, AMF assumed control of and responsibility for the entire project, performing mission critical engineering tasks, as well as preparing for and conducting a clinical trial. The IMES system implanted in the residual limb of a limb amputee would transmit muscle signals to the wearable prosthesis to permit control of the prosthesis in a more natural and intuitive manner. Status:AMF has qualified the first generation IMES system for a clinical trial with upper limb amputees. A clinical trial protocol was developed and FDA approval was obtained. Three patients have been implanted at Walter Reed National Military Medical Center ("Walter Reed") and have reported that the new equipment made available to them during the study improved their quality of life. AMF supports this clinical trial directly with frequent on-site visits by AMF personnel, who work in conjunction with physicians and other caregivers at Walter Reed. During 2016 AMF advanced its collaboration with Ossur, a maker of lower-limb prosthetics and other orthotic devices, where two lower limb amputee/patients were implanted with IMES devices. Additionally, AMF entered into a collaboration agreement with Ottobock, the world's largest maker of prosthetic devices (both upper and lower limb), to evaluate IMES devices in connection with a transhumeral (upper limb) amputee, where three patients were implanted with IMES. The Ossur study is being conducted in Iceland, and the Ottobock study is being conducted in Austria, at Europe's largest hospital, Vienna General Hospital, under the auspices of Dr. Oskar Aszmann of the Christian Doppler Laboratory for Restoration of Extremity Function, Medical University of Vienna. The two patients in Iceland and the three patients in Austria are successfully utilizing their devices in accordance with the clinical trial.AMF is in the process of seeking FDA approval of an HDE (Humanitarian Device Exemption) to enable the system to reach its intended patient population. Approval of the submission is anticipated in FY2017. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,338,388 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Implantable Myoelectric Sensor II (Infinity)The initial collaboration was re-vitalized to commence research and development work on a second generation of IMES, (partially supported by a grant from the National Institutes of Health) which will contain advanced features to improve medical outcomes at no additional cost to the patient or healthcare system. Initial design is complete with major focus being on final design and validation activities. Status:The final design of the product is complete and the system is being tested and verified. Peripheral devices that include a telemetry controller module that relays muscle signals to the prosthetic, and a clinician programmer have completed the design phase of the project and a final design review. Production test systems have been validated to prepare for final system verification and validation. Product qualification is in process with completion expected in FY2017. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | GrantGrantAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|---|
| $2,399,400 | $5,000 | $0 | Sleep Apnea:AMF is investigating the need for newer methods to treat OSA (Obstructed Sleep Apnea). OSA is an under-diagnosed and under-treated medical condition that has been linked to several serious co-morbidities including heart disease. Current treatment options are poorly adopted and when adopted, have low compliance rates. The aim of the AMF program is to develop a neurostimulation product system that will improve medical outcomes at a lower cost than currently available treatment options while solving the compliance issue. Such a product system will consist of a fully implantable neural stimulator sensor, closed loop system with seamless operation requiring minimal interaction from a patient, thereby offering a level of compliance and efficacy favorable to gold standard treatments. Status: A comprehensive product and economic analysis was performed this year demonstrating a need for a tolerable treatment. Several potential designs have been tested and reviewed, which required a number of engineering, animal and cadaver experiments. The process included obtaining input from key opinion leaders; ENT surgeons' implant approaches and pulmonologists treating obstructive sleep apnea. Further testing (both bench and animal) is in process and a final design is anticipated by the end of the fiscal year. Formal product development will begin in FY2017. |
| $155,263 | $0 | $0 | Neural Respiratory Drive (NRD)Neural respiratory drive (NRD) can be derived from the amount of electrical activity occurring in certain muscles used for breathing. Analysis of electrical activity and other measurements (such as rate of breathing and heart rate) allows early detection of deteriorations in patients with breathing problems so their level of care can be appropriately increased. NRD can be monitored in COPD (Chronic Obstructive Pulmonary Disease) patients as a measure of their physiological effort to breathe. Additional potential applications include asthma and pneumonia sufferers. COPD exacerbations are associated with lung function decline, lower quality of life, and increased mortality. Patients with frequent AECOPD have 4.3 times greater risk of death. Currently used Early Warning Scores designed to identify patients at risk of deterioration are inaccurate and require considerable health care resources. NRD may be used to help patients recognize their symptoms, seek early treatment and prevent exacerbations reach a stage requiring hospitalization. Reduction of severity and prevention of new exacerbations is critical to the wellbeing of COPD sufferers.An NRD monitoring system using the IMES technology would be used to:- Provide an accurate measure of the Neural Respiratory Drive (NRD)- Allow usage in home/acute/office setting- Predict acute exacerbations to prevent hospitalizations- Determine readiness level for hospital discharge- Potentially extend life of COPD patients- Promote patient self-knowledge- Empower patient management of disease- Tie in with consumer devices/cloud storage- Resolve shortcomings of surface electrode EMG recordings- Signal amplitudes calibrated only once due to stability of implanted deviceStatus:The Implanted Myoelectric Sensor (IMES) (Infinity version) will be completed during FY2017. A flat coiled designed interface to the IMES sensor is under development that will power the sensor and provides a data connection for signal analysis and calculation of NRD index. A clinical research system will be developed in FY2017. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $2,554,663 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $5,000 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $12,670,246 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 34 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 80 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RENEE OLIVIERI | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6617026883 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25134 RYE CANYON LOOP | AddressLine1Txt |
| City | SANTA CLARITA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91355 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ROBERT GREENBERG | ||||||||
| CHAIRMAN | 2.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| RICHARD WAUGH | ||||||||
| BOARD MEMBER | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| Mari DANIHEL | ||||||||
| bOARD MEMBER | 2.50 | Yes (X) | $0 | $0 | $0 | |||
| BRIAN MANN | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| DAVID HANKIN | ||||||||
| CEO | 65.00 | Yes (X) | $469,319 | $0 | $33,531 | |||
| FARAH BOROOMAND | ||||||||
| cfo | 55.00 | Yes (X) | $272,416 | $0 | $29,021 | |||
| MARK CHAMBERLAIN | ||||||||
| coo | 58.00 | Yes (X) | $324,149 | $0 | $27,590 | |||
| JOHN PETROVICH | ||||||||
| svp, bus. dev. & general counsel | 54.00 | $333,119 | $0 | $22,547 | Yes (X) | |||
| MICHAEL PERRIN | ||||||||
| VP, QUALITY, regulatory, clinical | 50.00 | $183,575 | $0 | $21,832 | Yes (X) | |||
| Desmond B Keenan | ||||||||
| CTO | 40.00 | $179,475 | $0 | $9,225 | Yes (X) | |||
| James H Wolfe | ||||||||
| PRINCIPAL ASIC DESIGN ENGIneer | 40.00 | $173,144 | $0 | $27,480 | Yes (X) | |||
| GLEN GRIFFITH | ||||||||
| Technical director | 40.00 | $218,762 | $0 | $21,181 | Yes (X) | |||
| Edward Lee | ||||||||
| senior ASIC Design Engineer | 40.00 | $175,509 | $0 | $22,190 | Yes (X) | |||
| Siegmar Schmidt | ||||||||
| Emerging technologies group mgr | 40.00 | $171,776 | $0 | $15,963 | Yes (X) | |||
| Charles L Byers | ||||||||
| principal scientist | 40.00 | $189,406 | $0 | $15,992 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,690,650 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $246,552 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 36 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Morgan Lewis & Bockius LLP | |||||
| 1701 Market Street | Philadelphia | PA | 191032921 | Legal Services | $1,026,482 |
| CDW Direct LLC | |||||
| PO Box 75723 | Chicago | IL | 606755723 | Hardware/Software | $182,294 |
| Ronald C Allen | |||||
| 26637 Durham Way | Hayward | CA | 94542 | Regulatory services | $149,427 |
| CMGRP Inc | |||||
| PO Box 74008263 | Chicago | IL | 606748263 | Marketing services | $119,889 |
| computer packages inc | |||||
| 11 n washington street suite 300 | rockville | MD | 20850 | patent services | $106,206 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $5,865 | AllOtherContributionsAmt |
| Total Contributions | $5,865 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | research grant income | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $23,845 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,845 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $23,845 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $667,648 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $76,035 | UnrelatedBusinessRevenueAmt |
| Exclusion | $591,613 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $34,144,919 | SecuritiesAmt |
| Other | $6,600 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $33,862,107 | SecuritiesAmt |
| Other | $3,093 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $282,812 | SecuritiesAmt |
| Other | $3,507 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $286,319 | TotalRevenueColumnAmt |
| Exclusion | $286,319 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | other income | Desc |
| Business | 999999 | BusinessCd |
| Total Revenue Column | $3,000 | TotalRevenueColumnAmt |
| Exclusion | $3,000 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,000 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $986,677 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,845 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $76,035 | UnrelatedBusinessRevenueAmt |
| Exclusion | $880,932 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,000 | TotalAmt |
| Program Services | $8,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,918,033 | TotalAmt |
| Program Services | $1,409,882 | ProgramServicesAmt |
| Management And General | $508,151 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,198,223 | TotalAmt |
| Program Services | $5,681,271 | ProgramServicesAmt |
| Management And General | $516,952 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,767 | TotalAmt |
| Program Services | $105,385 | ProgramServicesAmt |
| Management And General | $10,382 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $789,103 | TotalAmt |
| Program Services | $707,631 | ProgramServicesAmt |
| Management And General | $81,472 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $575,569 | TotalAmt |
| Program Services | $500,495 | ProgramServicesAmt |
| Management And General | $75,074 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,344,948 | TotalAmt |
| Program Services | $879,378 | ProgramServicesAmt |
| Management And General | $465,570 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,737 | TotalAmt |
| Management And General | $85,737 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $229,607 | TotalAmt |
| Management And General | $229,607 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $939,886 | TotalAmt |
| Program Services | $832,399 | ProgramServicesAmt |
| Management And General | $107,487 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,172,489 | TotalAmt |
| Program Services | $1,089,514 | ProgramServicesAmt |
| Management And General | $81,497 | ManagementAndGeneralAmt |
| Fundraising | $1,478 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $285,432 | TotalAmt |
| Program Services | $237,143 | ProgramServicesAmt |
| Management And General | $48,289 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $855,417 | TotalAmt |
| Program Services | $731,014 | ProgramServicesAmt |
| Management And General | $124,403 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,065 | TotalAmt |
| Program Services | $86,182 | ProgramServicesAmt |
| Management And General | $22,883 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,932 | TotalAmt |
| Program Services | $15,914 | ProgramServicesAmt |
| Management And General | $8,018 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,588 | TotalAmt |
| Management And General | $145,588 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $392,399 | TotalAmt |
| Program Services | $264,432 | ProgramServicesAmt |
| Management And General | $127,401 | ManagementAndGeneralAmt |
| Fundraising | $566 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,655 | TotalAmt |
| Program Services | $81,707 | ProgramServicesAmt |
| Management And General | $13,948 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Education & Morale | $40,615 | $34,619 | $5,996 |
| Miscellaneous | $20,442 | $5,280 | $15,162 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,345,907 | TotalAmt |
| Program Services | $12,670,246 | ProgramServicesAmt |
| Management And General | $2,673,617 | ManagementAndGeneralAmt |
| Fundraising | $2,044 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,430,225 | BOYAmt |
| EOY | $1,392,667 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,335,933 | BOYAmt |
| EOY | $1,342,188 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,448 | BOYAmt |
| EOY | $68,319 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $323,181 | BOYAmt |
| EOY | $397,189 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,014,816 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $7,480,863 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,474,588 | BOYAmt |
| EOY | $1,533,953 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,957,810 | BOYAmt |
| EOY | $18,340,481 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,674,112 | BOYAmt |
| EOY | $38,540,950 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $736,306 | BOYAmt |
| EOY | $694,046 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,831 | BOYAmt |
| EOY | $1,212,639 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,113,434 | BOYAmt |
| EOY | $63,522,432 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,777,475 | BOYAmt |
| EOY | $1,651,881 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,379,520 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,156,995 | BOYAmt |
| EOY | $1,651,881 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,956,439 | BOYAmt |
| EOY | $61,870,551 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,956,439 | BOYAmt |
| EOY | $61,870,551 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $82,113,434 | BOYAmt |
| EOY | $63,522,432 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$14,359,230 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,273,342 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Medical Research Organization | Yes (X) | MedicalResearchOrganizationInd |
Hospital Name And Address HospitalNameAndAddressGrp (2 entries)
| CityCityNm | State AbbreviationStateAbbreviationCd |
|---|---|
| WALTER REED NATIONAL MILITARY MEDICAL CENTER | |
| BETHESDA | MD |
| UCLA Foundation | |
| Los Angeles | CA |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,608,883 | OtherCostOrOtherBasisAmt |
| Depreciation | $665,735 | DepreciationAmt |
| Book Value | $943,148 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,106,633 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,574,955 | DepreciationAmt |
| Book Value | $531,678 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,299,300 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,240,173 | DepreciationAmt |
| Book Value | $59,127 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,533,953 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| limited partnerships | $819,298 | F |
| bioness inc. | $2,077,000 | F |
| MEDALLION THERAPEUTICS, INC. | $25,968,876 | F |
| MONOLYTHIX, inc. | $4,123,416 | F |
| Axonics Modulation Technologies, Inc. | $5,552,360 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $38,540,950 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | The Foundation, under the provisions of ASC 740, Income Taxes, had no uncertain tax positions requiring accrual as of March 31, 2017 and 2016. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $6,847,602 |
| cENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENT FEE EXPENDITURES | $81,375 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $6,928,977 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $6,928,977 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, line 3: | FormAndLineReferenceDesc |
| Explanation | THE ACCRUAL METHOD OF ACCOUNTING IS USED FOR BOTH AMOUNTS REPORTED AS INVESTMENTS AND EXPENDITURES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID HANKIN | ||||||||||||||
| CEO | $342,319 | $0 | $115,000 | $0 | $12,000 | $0 | $5,299 | $0 | $28,232 | $0 | $502,850 | $0 | $0 | $0 |
| FARAH BOROOMAND | ||||||||||||||
| cfo | $217,416 | $0 | $55,000 | $0 | $0 | $0 | $4,839 | $0 | $24,182 | $0 | $301,437 | $0 | $0 | $0 |
| MARK CHAMBERLAIN | ||||||||||||||
| coo | $274,149 | $0 | $50,000 | $0 | $0 | $0 | $5,299 | $0 | $22,291 | $0 | $351,739 | $0 | $0 | $0 |
| JOHN PETROVICH | ||||||||||||||
| svp, bus. dev. & general counsel | $258,119 | $0 | $75,000 | $0 | $0 | $0 | $5,299 | $0 | $17,248 | $0 | $355,666 | $0 | $0 | $0 |
| MICHAEL PERRIN | ||||||||||||||
| VP, QUALITY, regulatory, clinical | $161,075 | $0 | $22,500 | $0 | $0 | $0 | $3,415 | $0 | $18,417 | $0 | $205,407 | $0 | $0 | $0 |
| Desmond B Keenan | ||||||||||||||
| CTO | $144,475 | $0 | $35,000 | $0 | $0 | $0 | $3,200 | $0 | $6,025 | $0 | $188,700 | $0 | $0 | $0 |
| James H Wolfe | ||||||||||||||
| PRINCIPAL ASIC DESIGN ENGIneer | $173,144 | $0 | $0 | $0 | $0 | $0 | $3,633 | $0 | $23,847 | $0 | $200,624 | $0 | $0 | $0 |
| GLEN GRIFFITH | ||||||||||||||
| Technical director | $206,262 | $0 | $12,500 | $0 | $0 | $0 | $4,390 | $0 | $16,791 | $0 | $239,943 | $0 | $0 | $0 |
| Edward Lee | ||||||||||||||
| senior ASIC Design Engineer | $175,509 | $0 | $0 | $0 | $0 | $0 | $3,598 | $0 | $18,592 | $0 | $197,699 | $0 | $0 | $0 |
| Siegmar Schmidt | ||||||||||||||
| Emerging technologies group mgr | $161,776 | $0 | $10,000 | $0 | $0 | $0 | $3,448 | $0 | $12,515 | $0 | $187,739 | $0 | $0 | $0 |
| Charles L Byers | ||||||||||||||
| principal scientist | $188,406 | $0 | $1,000 | $0 | $0 | $0 | $3,530 | $0 | $12,462 | $0 | $205,398 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 7 | FormAndLineReferenceDesc |
| Explanation | BONUS PAYMENTS WERE MADE, BUT ARE BASED ON ACHIEVEMENTS, GOALS, AND ARE APPROVED BY BOARD OF DIRECTORS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 6 | The foundation's articles of incorporation provide that the foundation is a membership corporation, with the members having the rights of membership as described in the foundation's bylaws. The bylaws provided for the foundation to have a lead member, designated by the bylaws to be Alfred E. Mann, who would possess all powers of membership conferred by law. The bylaws also provided that up to four additional members, appointed by the lead member, would have only those rights conferred upon them by the bylaws, which include only the right to name a successor lead member under certain described circumstances. Alfred E. Mann passed away on February 25, 2016, without having appointed any of the four authorized additional members; Mr. Mann's successor(s), if any, have not yet been finally determined. |
| Form 990, Part VI, Section A, line 7a | The foundation's bylaws provide that the foundation shall have one lead member who has the power to appoint, remove, and name successors for all members of the board of directors of the foundation. Alfred E. Mann passed away on February 25,2016; Mr. Mann's successor(s), if any, have not yet been finally determined. Board members appointed by Mr. Mann continue to serve. |
| Form 990, Part VI, Section B, line 11b | A DRAFT OF FORM 990 WAS PRESENTED BY MANAGEMENT TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS FOR THEIR REVIEW AND DISCUSSION. A FULL COPY OF THE FORM WAS PROVIDED TO ALL VOTING MEMBERS PRIOR TO FILING WITH THE IRS. |
| Form 990, Part VI, Section B, line 12c | CONFLICT OF INTEREST DISCLOSURES ARE UPDATED ANNUALLY AND POTENTIAL CONFLICTS ARE REVIEWED PRIOR TO PARTICIPATING IN TRANSACTIONS. IF A CONFLICT EXISTS, THE PERSON WITH A CONFLICT DOES NOT VOTE. |
| Form 990, Part VI, Section B, line 15 | THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION OF THE CEO AND HIS DIRECT REPORTS INCLUDING THE CFO. THEY ALSO REVIEW AND APPROVE THE OVERALL ANNUAL ADJUSTMENTS TO COMPENSATION OF OTHER EMPLOYEES. SPECIFIC ADJUSTMENTS FOR OTHER EMPLOYEES ARE HANDLED BY THE CEO AND HEAD OF HUMAN RESOURCES USING COMPARISONS TO SALARY SURVEYS FOR SIMILAR POSITIONS AND EXPERIENCE. THE BOARD OF DIRECTORS APPROVED COMPENSATION FOR THE CEO AND HIS DIRECT REPORTS INCLUDING THE CFO ON 06/07/17. THIS PROCESS WAS DOCUMENTED. |
| Form 990, Part VI, Section C, line 19 | MEMBERS OF THE PUBLIC OR INTERESTED PARTIES MAY REQUEST TO REVIEW OR RECIEVE A COPY OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS BY PHONE OR MAIL. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Monolythix Inc | ||||||||||||
| 4720 calle carga | camarillo | CA | 93012 | 464616473 | Monolithic structure dvlpm for DNA purify, disease detection, blood analysis | NV | ALFRED E MANN FOUNDATION FOR SCIENTIFIC RESEARCH | C | -$967,789 | $64,203 | 0.67250 | Yes (1) |
| Medallion Therapeutics Inc | ||||||||||||
| 28575 livingston avenue | Valencia | CA | 91355 | 464651082 | Development and commercialization of medical device (implantable drug pump) | DE | ALFRED E MANN FOUNDATION FOR SCIENTIFIC RESEARCH | C | -$6,157,848 | $6,752,515 | 0.97630 | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| medallion therapeutics inc | ||
| D | $7,073,683 | Loan |
| MEdallion therapeutics inc | ||
| A | $73,674 | INTEREST INCOME |
| MONOlythix inc | ||
| D | $202,361 | Loan |