PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY (EIN 47-3355381)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-15
- IRS object ID
- 201733199349313948
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-15T16:20:13-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | 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 | 4747 Executive Drive Suite 1300 | AddressLine1Txt |
| City | San Diego | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92121 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 473355381 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Parker Institute for Cancer | BusinessNameLine1Txt |
| Business Name Line2 | Immunotherapy | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PARK | BusinessNameControlTxt |
| Phone | 4159304386 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 Letterman Drive D3500 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94129 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jeffrey A Bluestone | PersonNm |
| Person Title | President & CEO | PersonTitleTxt |
| Phone | 4159304386 | PhoneNum |
| Signature | 2017-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Patricia J Mayer | PreparerPersonNm |
| PTIN | P00188643 | PTIN |
| Phone | 8586271400 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 12.129.7.100 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-15 | IPDt |
| IP Tm | 16:15:00 | IPTm |
| IP Timezone | PS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 82B2967E87B0BCBFD086468C9F628B4E32DA0AA9 | 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | Jeffrey A Bluestone | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 Letterman Drive D3500 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94129 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $39,900,210 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.parkerici.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2015 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | The Parker Institute for Cancer Immunotherapy (PICI) was created to encourage advances in cancer immunotherapy research and to help reduce obstacles to collaboration, discovery and translation of these advances for patients. The Institute achieves this goal by funding a consortium of preeminent academic and medical research institutions which work collaboratively on research in the field of cancer immunotherapy. In addition, PICI furthers its charitable purposes by employing its own personnel to directly assist these institutions in their research and clinical trials. | ActivityOrMissionDesc |
| Voting Members Governing Body | 4 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 4 | VotingMembersIndependentCnt |
| Total Employee | 35 | TotalEmployeeCnt |
| Total Volunteers | 6 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $74,021,413 | PYContributionsGrantsAmt |
| CY Contributions Grants | $39,828,555 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$518,694 | PYInvestmentIncomeAmt |
| CY Investment Income | $41,843 | CYInvestmentIncomeAmt |
| PY Other Revenue | $7,045 | PYOtherRevenueAmt |
| CY Other Revenue | $29,812 | CYOtherRevenueAmt |
| PY Total Revenue | $73,509,764 | PYTotalRevenueAmt |
| CY Total Revenue | $39,900,210 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $64,000,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $22,174,378 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,545,875 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,810,019 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,661,244 | PYOtherExpensesAmt |
| CY Other Expenses | $10,120,472 | CYOtherExpensesAmt |
| PY Total Expenses | $69,207,119 | PYTotalExpensesAmt |
| CY Total Expenses | $39,104,869 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,302,645 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $795,341 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,207,689 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,100,956 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $578,427 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $676,353 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,629,262 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,424,603 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO ENABLE REAL COLLABORATION, ACCELERATING THE MOST AMBITIOUS RESEARCH TO DELIVER NEW IMMUNOTHERAPIES ENGINEERED TO SAVE LIVES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $35,414,193 | ExpenseAmt |
| Grant | $22,174,378 | GrantAmt |
| Desc | The Parker Institute for Cancer Immunotherapy encourages advances in cancer immunotherapy research to help reduce obstacles to collaboration, discovery and translation of these advances for patients. The Institute funds a consortium of preeminent academic and medical research institutions which work collaboratively on research in the field of cancer immunology. | Desc |
| Total Program Service Expenses | $35,414,193 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | 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 | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | 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 | Yes (1) | 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 | Yes (1) | 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 | Yes (1) | 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 | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 37 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 35 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| 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 | 4 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 4 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | 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 | 0 | InvestmentInJointVentureInd |
| 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 | Parker Institute for Cancer Immunotherapy | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4159857311 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 Letterman Drive Suite D3500 | AddressLine1Txt |
| City | San Francisco | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94129 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 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 |
|---|---|---|---|---|---|---|---|---|
| Sean N Parker | ||||||||
| Chair of the Board and Dir | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL POLANSKY | ||||||||
| VICE PRESIDENT & DIRECTOR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Laurie Glimcher | ||||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TOM VAN LOBEN SELS | ||||||||
| SECRETARY/Treasurer & DIr | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JEFFREY A BLUESTONE | ||||||||
| PRESIDENT AND CEO | 40.00 | Yes (X) | $775,000 | $90,000 | $134,406 | |||
| Adam M Kolom | ||||||||
| VP-Business Development | 30.00 | $559,000 | $0 | $51,084 | Yes (X) | |||
| SUSAN SCHULTZ | ||||||||
| VP-BUSINESS OPERATIONS | 40.00 | $261,028 | $0 | $25,714 | Yes (X) | |||
| RAMY IBRAHIM | ||||||||
| VP-CLINICAL RESEARCH & DEV | 40.00 | $547,601 | $0 | $111,154 | Yes (X) | |||
| NIKESH KOTECHA | ||||||||
| VP-IMFORMATICS | 40.00 | $401,240 | $0 | $39,287 | Yes (X) | |||
| MELINDA GRIFFITH | ||||||||
| CHIEF LEGAL COUNSEL, VP-STRATEGIC | 40.00 | $357,800 | $0 | $42,786 | Yes (X) | |||
| Susanne Hildebrand-Zanki | ||||||||
| DIrector-special projects | 40.00 | $184,258 | $0 | $17,114 | Yes (X) | |||
| FRED RAMSDELL | ||||||||
| VP-RESEARCH | 32.00 | $187,526 | $0 | $34,691 | Yes (X) | |||
| DAVID HOFFMAN | ||||||||
| EXECUTIVE DIRECTOR-INTELLECTUAL PROPERTY | 40.00 | $294,220 | $0 | $20,094 | Yes (X) | |||
| Cheryl L Selinsky PhD | ||||||||
| VP-Research Operations | 40.00 | $366,500 | $0 | $35,808 | Yes (X) | |||
| JENNIFER HASLIP | ||||||||
| VP-COMMUNICATIONS | 40.00 | $287,347 | $0 | $34,084 | Yes (X) | |||
| LETICIA LICEA | ||||||||
| HR & OFFICE MANAGER | 40.00 | $134,994 | $0 | $33,281 | Yes (X) | |||
| EHUD GOLD | ||||||||
| EXECUTIVE DIRECTOR-TECHNOLOGY | 40.00 | $126,109 | $0 | $27,259 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,482,623 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $90,000 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $606,762 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 13 | 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 |
|---|---|---|---|---|---|
| INdx Technology Inc | |||||
| 20380 Towne Center Lane Suite 218 | Cupertino | CA | 95014 | Clinical Development Services | $990,773 |
| Inventiv Health Clinical LLC | |||||
| PO BOX 415914 | Boston | MA | 02241 | Clinical Development Services | $487,562 |
| Linle J Froeb Events LLC | |||||
| 191 Stanyan Street | San Francisco | CA | 94118 | Event Services | $329,728 |
| Connery Consulting | |||||
| 135 Ward Street | Larkspur | CA | 94939 | HR CONSULTING SERVICES | $222,700 |
| Arnold & Porter LLP | |||||
| 601 MASSACHUSETTS AVENUE NW | WASHINGTON | DC | 20001 | Legal Services | $189,620 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $2,200,000 | RelatedOrganizationsAmt |
| All Other Contributions | $37,628,555 | AllOtherContributionsAmt |
| Total Contributions | $39,828,555 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $41,843 | TotalRevenueColumnAmt |
| Exclusion | $41,843 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Settlement Proceeds | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $29,812 | TotalRevenueColumnAmt |
| Exclusion | $29,812 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $29,812 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $39,900,210 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $71,655 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,174,378 | TotalAmt |
| Program Services | $22,174,378 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,767,742 | TotalAmt |
| Program Services | $3,670,329 | ProgramServicesAmt |
| Management And General | $1,097,413 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,469,699 | TotalAmt |
| Program Services | $1,042,824 | ProgramServicesAmt |
| Management And General | $426,875 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $140,675 | TotalAmt |
| Program Services | $94,252 | ProgramServicesAmt |
| Management And General | $46,423 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $166,321 | TotalAmt |
| Program Services | $110,919 | ProgramServicesAmt |
| Management And General | $55,402 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $265,582 | TotalAmt |
| Program Services | $191,713 | ProgramServicesAmt |
| Management And General | $73,869 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $276,066 | TotalAmt |
| Program Services | $220,853 | ProgramServicesAmt |
| Management And General | $55,213 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $194,072 | TotalAmt |
| Management And General | $194,072 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,392,317 | TotalAmt |
| Program Services | $2,874,080 | ProgramServicesAmt |
| Management And General | $518,237 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,497 | TotalAmt |
| Program Services | $5,452 | ProgramServicesAmt |
| Management And General | $45 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300,500 | TotalAmt |
| Program Services | $172,319 | ProgramServicesAmt |
| Management And General | $128,181 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $615,007 | TotalAmt |
| Program Services | $526,354 | ProgramServicesAmt |
| Management And General | $88,653 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,175,748 | TotalAmt |
| Program Services | $587,874 | ProgramServicesAmt |
| Management And General | $587,874 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $626,489 | TotalAmt |
| Program Services | $498,579 | ProgramServicesAmt |
| Management And General | $127,910 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,015,361 | TotalAmt |
| Program Services | $933,820 | ProgramServicesAmt |
| Management And General | $81,541 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,553 | TotalAmt |
| Management And General | $133,553 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,036 | TotalAmt |
| Management And General | $16,036 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Equipment | $2,277,774 | $2,253,606 | $24,168 |
| Telecommunications | $61,905 | $29,334 | $32,571 |
| Dues & Membership | $30,147 | $27,507 | $2,640 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,104,869 | TotalAmt |
| Program Services | $35,414,193 | ProgramServicesAmt |
| Management And General | $3,690,676 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $592,138 | BOYAmt |
| EOY | $1,360,050 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,635,874 | BOYAmt |
| EOY | $2,139,634 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,323,346 | BOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,932 | BOYAmt |
| EOY | $380 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,199,990 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,010,989 | BOYAmt |
| EOY | $84,161 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,124,411 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $134,287 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $308,793 | BOYAmt |
| EOY | $990,124 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $326,617 | BOYAmt |
| EOY | $326,617 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,207,689 | BOYAmt |
| EOY | $6,100,956 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $578,427 | BOYAmt |
| EOY | $676,353 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $578,427 | BOYAmt |
| EOY | $676,353 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,979,299 | BOYAmt |
| EOY | $5,097,986 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,649,963 | BOYAmt |
| EOY | $326,617 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,629,262 | BOYAmt |
| EOY | $5,424,603 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,207,689 | BOYAmt |
| EOY | $6,100,956 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $795,341 | ReconcilationRevenueExpnssAmt |
| 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $74,021,413 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $39,828,555 | CurrentTaxYearAmt |
| Total | $113,849,968 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $74,021,413 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $39,828,555 | CurrentTaxYearAmt |
| Total | $113,849,968 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $71,663,847 | SubstantialContributorsTotAmt |
| Public Support Total170 | $42,186,121 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $10,489 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $41,843 | CurrentTaxYearAmt |
| Total | $52,332 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $7,045 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $29,812 | CurrentTaxYearAmt |
| Total | $36,857 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $113,939,157 | TotalSupportAmt |
| First5 Years170 | Yes (X) | First5Years170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10, Explanation of Other Income: | FormAndLineReferenceDesc |
| Explanation | Settlement proceeds - 2015 Amount: $ 7,045. 2016 Amount: $ 29,812. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $636,483 | OtherCostOrOtherBasisAmt |
| Book Value | $636,483 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $487,928 | OtherCostOrOtherBasisAmt |
| Depreciation | $134,287 | DepreciationAmt |
| Book Value | $353,641 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $990,124 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE GUARANTEE | Desc |
| Book Value | $326,617 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $326,617 | TotalBookValueOtherAssetsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $52,723,302 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $12,823,092 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $12,823,092 | RevenueNotReportedAmt |
| Revenue Subtotal | $39,900,210 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $39,900,210 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $51,927,961 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $12,823,092 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $12,823,092 | ExpensesNotReportedAmt |
| Expenses Subtotal | $39,104,869 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $39,104,869 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AS OF DECEMBER 31, 2016 AND DECEMBER 31, 2015. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| MEMORIAL SLOAN KETTERING CANCER CENTER | |||||||
| 1275 YORK AVE BOX 69 | NEW YORK | NY | 10065 | 912154267 | 501(c)(3) | $117,185 | Support research in field of cancer immunotherapy |
| Stanford University | |||||||
| 3145 Porter Drive | Palo Alto | CA | 94304 | 941156365 | 501(c)(3) | $11,132,430 | Support research in field of cancer immunotherapy |
| University of California Los Angeles | |||||||
| 10920 Wilshire Blvd Ste 620 | Los Angeles | CA | 90024 | 956006143 | govt | $7,000,000 | Support research in field of cancer immunotherapy |
| Washington University | |||||||
| 700 Rosedale Avenue CB 1034 | Saint Louis | MO | 63112 | 430653611 | 501(c)(3) | $500,000 | Support research in field of cancer immunotherapy |
| Icahn School of Medicine | |||||||
| One Gustave L Levy Place | New York | NY | 10029 | 136171197 | 501(c)(3) | $2,000,000 | Support research in field of cancer immunotherapy |
| Regents of University of California San Francisco | |||||||
| 333 CALIFORNIA ST 315 | San Francisco | CA | 94143 | 946036493 | GOVT | $294,400 | Support research in field of cancer immunotherapy |
| The Jackson Laboratory | |||||||
| 600 Main Street | Bar Harbor | ME | 04609 | 010211513 | 501(c)(3) | $176,217 | Support research in field of cancer immunotherapy |
| University of Pennsylvania | |||||||
| 3451 Walnut Street | Philadelphia | PA | 19104 | 231352685 | GOVT | $196,400 | Support research in field of cancer immunotherapy |
| UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER | |||||||
| 1400 PRESSLER STREET FCT295223 | HOUSTON | TX | 77030 | 746001118 | govt | $687,746 | Support research in field of cancer immunotherapy |
| SAGE BIONETWORKS | |||||||
| 1100 FAIRVIEW AVE N | SEATTLE | WA | 98109 | 264489946 | 501(c)(3) | $70,000 | Support research in field of cancer immunotherapy |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 10 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | the organization awards grants subject to a master collaboration agreement and a specific grant agreement applicable to each institution. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| 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 (13 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JEFFREY A BLUESTONE | ||||||||||||||
| PRESIDENT AND CEO | $650,000 | $90,000 | $125,000 | $0 | $0 | $0 | $42,950 | $0 | $91,456 | $0 | $909,406 | $90,000 | $0 | $0 |
| Adam M Kolom | ||||||||||||||
| VP-Business Development | $400,000 | $0 | $159,000 | $0 | $0 | $0 | $0 | $0 | $51,084 | $0 | $610,084 | $0 | $0 | $0 |
| SUSAN SCHULTZ | ||||||||||||||
| VP-BUSINESS OPERATIONS | $247,810 | $0 | $13,218 | $0 | $0 | $0 | $3,750 | $0 | $21,964 | $0 | $286,742 | $0 | $0 | $0 |
| RAMY IBRAHIM | ||||||||||||||
| VP-CLINICAL RESEARCH & DEV | $270,704 | $0 | $276,897 | $0 | $0 | $0 | $8,250 | $0 | $102,904 | $0 | $658,755 | $0 | $0 | $0 |
| NIKESH KOTECHA | ||||||||||||||
| VP-IMFORMATICS | $342,045 | $0 | $59,195 | $0 | $0 | $0 | $7,950 | $0 | $31,337 | $0 | $440,527 | $0 | $0 | $0 |
| MELINDA GRIFFITH | ||||||||||||||
| CHIEF LEGAL COUNSEL, VP-STRATEGIC | $302,133 | $0 | $55,667 | $0 | $0 | $0 | $7,950 | $0 | $34,836 | $0 | $400,586 | $0 | $0 | $0 |
| Susanne Hildebrand-Zanki | ||||||||||||||
| DIrector-special projects | $167,552 | $0 | $16,706 | $0 | $0 | $0 | $12,329 | $0 | $4,785 | $0 | $201,372 | $0 | $0 | $0 |
| FRED RAMSDELL | ||||||||||||||
| VP-RESEARCH | $170,526 | $0 | $17,000 | $0 | $0 | $0 | $4,901 | $0 | $29,790 | $0 | $222,217 | $0 | $0 | $0 |
| DAVID HOFFMAN | ||||||||||||||
| EXECUTIVE DIRECTOR-INTELLECTUAL PROP | $258,406 | $0 | $35,814 | $0 | $0 | $0 | $7,707 | $0 | $12,387 | $0 | $314,314 | $0 | $0 | $0 |
| Cheryl L Selinsky PhD | ||||||||||||||
| VP-Research Operations | $335,000 | $0 | $31,500 | $0 | $0 | $0 | $9,294 | $0 | $26,514 | $0 | $402,308 | $0 | $0 | $0 |
| JENNIFER HASLIP | ||||||||||||||
| VP-COMMUNICATIONS | $229,167 | $0 | $58,180 | $0 | $0 | $0 | $0 | $0 | $34,084 | $0 | $321,431 | $0 | $0 | $0 |
| LETICIA LICEA | ||||||||||||||
| HR & OFFICE MANAGER | $122,754 | $0 | $12,240 | $0 | $0 | $0 | $4,529 | $0 | $28,752 | $0 | $168,275 | $0 | $0 | $0 |
| EHUD GOLD | ||||||||||||||
| EXECUTIVE DIRECTOR-TECHNOLOGY | $114,615 | $0 | $11,494 | $0 | $0 | $0 | $3,138 | $0 | $24,121 | $0 | $153,368 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 3 | The Board of Directors reviews any proposed compensation the salary of its Chief Executive Officer to ensure that, in each case, it is such salary is fair and reasonable based on comparability data showing compensation paid for comparable services at similarly situated organizations. |
| Part I, Line 7 | DISCRETIONARY BONUSES ARE AWARDED BASED ON PERFORMANCE. |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| Nikesh Kotecha | |||||||
| Key Employee | RESIDENCE ASSISTANCE | Yes (X) | $500,000 | $499,990 | 0 | Yes (1) | Yes (1) |
| Ramy Ibrahim | |||||||
| Key Employee | RELOCATION | Yes (X) | $700,000 | $700,000 | 0 | Yes (1) | Yes (1) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $1,199,990 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Sean N Parker Foundation | |||
| Common control | $330,000 | LEASE GUARANTEE | 0 |
| APERCEN PARTNERS LLC | |||
| TOM VAN LOBEN SELS, OFFICER & BOARD MEMBER OF PICI IS A > 35% OWNER OF LLC | $134,309 | Professional Services | 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | Tom van Loben Sels and Sean Parker have a business relationship. Tom van Loben Sels and Michael Polansky have a business relationship. Michael Polansky is an employee of an entity owned by Sean Parker. |
| Form 990, Part VI, Section B, line 11b | THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE. A COMPLETE COPY OF THE FORM 990 AND SUPPORTING SCHEDULES WAS PROVIDED TO THE FULL BOARD FOR REVIEW PRIOR TO BEING FILED. |
| Form 990, Part VI, Section B, line 12c | The Board authorizes and oversees a review of the admnistration of the conflict of interest policy. The review considers the level of compliance with the policy, the continuing suitability of the policy, and whether the policy should be modified and improved. IF A TRANSACTION ARISES WHERE THERE IS A CONFLICT OF INTEREST, THE PERSON WITH SUCH CONFLICT IS NOT ALLOWED TO VOTE ON THE TRANSACTION. |
| Form 990, Part VI, Section B, line 15 | FORM 990, PART VI, SECTION B, LINE 15A - As stated at Schedule J, Part I, Line 3, the Board of Directors approved the salary of the organization's Chief Executive Officer only after having confirmed it is fair and reasonable based on comparability data showing compensation paid for comparable services at similarly situated organizations. These procedures were followed when the Chief Executive Officer's salary was approved by the Board of Directors, which does not include the Chief Executive Officer, on October 10, 2015. Specifically, the Board of Directors relied on a compensation survey provided by Sullivan, Cotter, and Associates, Inc. Any future changes to the compensation (including any bonuses paid) of the Chief Executive Officer will only be approved by the Board of Directors after following the procedures described above. FORM 990, PART VI, SECTION B, LINE 15B - In general, PICI worked with Connery Consulting in recruiting and, as part of that process, routinely compared the proposed salary with salaries paid by other organizations for similar positions. |
| Form 990, Part VI, Section C, line 19 | THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE AS REQUIRED BY LAW. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Sean N Parker Foundation | ||||||||||
| 314 LYTTON AVENUE SUITE 200 | PALO ALTO | CA | 94301 | 274389819 | SUPPORTS NONPROFIT ORGANIZATIONS | CA | 501(C)(3) | PF | N/A | 0 |
| ECONOMIC INNOVATION GROUP INC | ||||||||||
| 616 H STREET NW SUITE 550 | WASHINGTON | DC | 20001 | 462450336 | PUBLIC INTEREST ADVOCACY | DC | 501(C)(4) | N/A | N/A | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | 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 | 0 | 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 | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEAN N PARKER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionTypeTxt |
| Involved | $2,200,000 | InvolvedAmt |
| Method Of Amount Determination | FMV | MethodOfAmountDeterminationTxt |