MYELIN REPAIR FOUNDATION INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: MYELIN REPAIR FOUNDATION INC (EIN 03-0485196)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2013-04-29
IRS object ID: 201301199349300040
Schema version: 2011v1.5
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 F
Schedule G
Schedule I
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-04-29T16:13:01-05:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	941254756	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HOOD & STRONG LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	100 FIRST STREET 14TH FLOOR	AddressLine1
City	SAN FRANCISCO	City
State	CA	State
ZIP Code	94105	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	030485196	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	MYELIN REPAIR FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	MYEL	NameControl
Phone	4088712410	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	18809 COX AVENUE NO 190	AddressLine1
City	SARATOGA	City
State	CA	State
ZIP Code	95070	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DENISE ST ONGE	Name
Title	CFO	Title
Phone	4088712410	Phone
Date Signed	2013-04-25	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	ROBERT A DOCILI	Name
PTIN	P00303463	PTIN
Phone	4157810793	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	SCOTT JOHNSON	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	18809 COX AVENUE NO 190	AddressLine1
City	SARATOGA	City
State	CA	State
ZIP Code	95070	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	1836490	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.MYELINREPAIR.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2002	YearFormation
State Legal Domicile	CA	StateLegalDomicile
Activity Or Mission Description	THE MYELIN REPAIR FOUNDATION IS DEDICATED TO DEVELOPING MYELIN REPAIR TREATMENTS FOR MS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	6	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	5	NbrIndependentVotingMembers
Total Nbr Employees	14	TotalNbrEmployees
Total Nbr Volunteers	20	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	1528919	ContributionsGrantsPriorYear
Contributions Grants Current Year	1761904	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	0	ProgramServiceRevenuePriorYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	26870	InvestmentIncomePriorYear
Investment Income Current Year	7382	InvestmentIncomeCurrentYear
Other Revenue Prior Year	-33902	OtherRevenuePriorYear
Other Revenue Current Year	13771	OtherRevenueCurrentYear
Total Revenue Prior Year	1521887	TotalRevenuePriorYear
Total Revenue Current Year	1783057	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	2328000	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	2400000	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1204992	SalariesEtcPriorYear
Salaries Etc Current Year	1584307	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	738442	TotalFundrsngExpCurrentYear
Other Expense Prior Year	1841602	OtherExpensePriorYear
Other Expenses Current Year	2028890	OtherExpensesCurrentYear
Total Expenses Prior Year	5374594	TotalExpensesPriorYear
Total Expenses Current Year	6013197	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-3852707	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-4230140	RevenuesLessExpensesCY
Total Assets BOY	12790194	TotalAssetsBOY
Total Assets EOY	8436907	TotalAssetsEOY
Total Liabilities BOY	698435	TotalLiabilitiesBOY
Total Liabilities EOY	575288	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	12091759	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	7861619	NetAssetsOrFundBalancesEOY
Mission Description	THE SPECIFIC PURPOSE OF THIS CORPORATION IS TO CONDUCT MEDICAL RESEARCH IN ORDER TO DEVELOP TREATMENTS FOR MULTIPLE SCLEROSIS.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	4650441	Expense
Grants	2400000	Grants
Description	THE MYELIN REPAIR FOUNDATION GRANTS FUNDS FOR RESEARCH TO DEVELOP RATIONAL DRUG TARGETS TO SLOW, STOP, AND ULTIMATELY REPAIR DAMAGE TO MYELIN CAUSED BY MULTIPLE SCLEROSIS. THE FOUNDATION HAS A DEFINED PROCESS FOR COLLABORATION AMONG SCIENTISTS AND WITH BUSINESSES THAT SUBSTANTIALLY SHORTENS THE TIME TO DISCOVERY OF THE MECHANISMS FOR MYELIN REPAIR AS WELL AS THE TIME TO COMMERCIALIZE THESE MECHANISMS IN THE FORM OF TREATMENTS FOR MS PATIENTS.	Description
Total Program Service Expense	4650441	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	0	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	1	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	1	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	1	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	0	TaxExemptBonds
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	26	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	14	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	6	NbrVotingGoverningBodyMembers
Number Independent Voting Members	5	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	0	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	0	RegularMonitoringEnforcement
Whistleblower Policy	0	WhistleblowerPolicy
Document Retention Policy	0	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	CA	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	SCOTT JOHNSON	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	4088712410	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	18809 COX AVENUE 190	AddressLine1
City	SARATOGA	City
State	CA	State
ZIP Code	95070	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (8 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Key EmployeeKeyEmployee
SCOTT JOHNSON
PRESIDENT	40.00	X	X	240500	0	35507
JIM GIDWITZ
BOARD MEMBER	1.00	X		0	0	0
SHARON WIENBAR
BOARD MEMBER	1.00	X		0	0	0
CASEY MCGLYNN
BOARD MEMBER	1.00	X		0	0	0
ANDY CATES
BOARD MEMBER	1.00	X		0	0	0
BOBBY MEHTA
BOARD MEMBER	1.00	X		0	0	0
DENISE ST ONGE
CFO	10.00		X	30275	0	0
JAY TUNG
VP OF DRUG DISCOVERY	40.00			192125	0	33094	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	462900	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	68601	TotalOtherCompensation
Number Individuals GT100 K	2	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (2 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
WILSON SONSINI GOODRICH AND ROSATI
650 PAGE MILL ROAD	PALO ALTO	CA	94304	PATENT AND LEGAL SERVICES	381839
MIKE PLEISS AND ASSOCIATES LLC
848 STELLA COURT	SUNNYVALE	CA	94087	RESEARCH CONSULTING	144000

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	2	NumberOfContractorsGT100K
Fundraising Events	214000	FundraisingEvents
All Other Contributions	1547904	AllOtherContributions
Total Contributions	1761904	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	7382	TotalRevenueColumn
Exclusion	$7,382	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	19500	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	214000	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	53433	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-33933	TotalRevenueColumn
Exclusion	-$33,933	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	OTHER INCOME	Description
Business Code	900099	BusinessCode
Total Revenue Column	47704	TotalRevenueColumn
Exclusion	$47,704	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	47704	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1783057	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$21,153	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	2400000	Total
Program Services	2400000	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	706158	Total
Program Services	498186	ProgramServices
Management And General	70411	ManagementAndGeneral
Fundraising	137561	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	623383	Total
Program Services	193038	ProgramServices
Management And General	71750	ManagementAndGeneral
Fundraising	358595	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	160330	Total
Program Services	30328	ProgramServices
Management And General	33631	ManagementAndGeneral
Fundraising	96371	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	94436	Total
Program Services	36768	ProgramServices
Management And General	29020	ManagementAndGeneral
Fundraising	28648	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	122581	Total
Management And General	122581	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	279136	Total
Program Services	160900	ProgramServices
Management And General	90000	ManagementAndGeneral
Fundraising	28236	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	28067	Total
Management And General	1261	ManagementAndGeneral
Fundraising	26806	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	25336	Total
Program Services	2637	ProgramServices
Management And General	21569	ManagementAndGeneral
Fundraising	1130	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	64001	Total
Program Services	42000	ProgramServices
Management And General	8401	ManagementAndGeneral
Fundraising	13600	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	152323	Total
Program Services	46565	ProgramServices
Management And General	104130	ManagementAndGeneral
Fundraising	1628	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	110958	Total
Program Services	55061	ProgramServices
Management And General	36819	ManagementAndGeneral
Fundraising	19078	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	185977	Total
Program Services	176116	ProgramServices
Fundraising	9861	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	17247	Total
Management And General	17247	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	7308	Total
Management And General	7308	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
SPONSORED RESEARCH	473000	473000
PATENT EXPENSES	423181	423181
TRANSLATIONAL MED LAB	71950	71950
CONTRACT RESEARCH	36764	36764

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	31061	Total
Program Services	3947	ProgramServices
Management And General	10186	ManagementAndGeneral
Fundraising	16928	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	6013197	Total
Program Services	4650441	ProgramServices
Management And General	624314	ManagementAndGeneral
Fundraising	738442	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	11657	BOY
EOY	47	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	6706041	BOY
EOY	5676517	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	5938402	BOY
EOY	2682033	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	97415	BOY
EOY	6035	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	113664	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	65599	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	29469	BOY
EOY	48065	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	7210	BOY
EOY	24210	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	12790194	BOY
EOY	8436907	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	495102	BOY
EOY	340288	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	203333	BOY
EOY	235000	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	698435	BOY
EOY	575288	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	6153357	BOY
EOY	5179586	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	5938402	BOY
EOY	2682033	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	12091759	BOY
EOY	7861619	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	12790194	BOY
EOY	8436907	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-4230140	ReconcilationRevenueExpenses
Reconcilation Other Changes	0	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	5724621	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	7112757	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	12165768	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1528919	CurrentTaxYearMinus1Year
Current Tax Year	1761904	CurrentTaxYear
Total	28293969	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	5724621	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	7112757	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	12165768	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1528919	CurrentTaxYearMinus1Year
Current Tax Year	1761904	CurrentTaxYear
Total	28293969	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	16124345	AmountsSubstContributorsTotal
Public Support Total170	12169624	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	101428	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	36144	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	10978	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	26870	CurrentTaxYearMinus1Year
Current Tax Year	7382	CurrentTaxYear
Total	182802	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	22100	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	90035	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	76500	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	23960	CurrentTaxYearMinus1Year
Current Tax Year	67204	CurrentTaxYear
Total	279799	Total

Field	Value	IRS element (for citing)
Total Support	28756570	TotalSupport
Public Support Pertcentage170	0.42320	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.42670	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

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)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	13840	OtherCostOrOtherBasis
Depreciation	13840	Depreciation
Book Value	0	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	47846	OtherCostOrOtherBasis
Depreciation	35322	Depreciation
Book Value	12524	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	51978	OtherCostOrOtherBasis
Depreciation	16437	Depreciation
Book Value	35541	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	48065	TotalOfBookValueLandBuildings
Total Revenue	1783057	TotalRevenue
Total Expenses	6013197	TotalExpenses
Excess Or Deficit For Year	-4230140	ExcessOrDeficitForYear
Excess Or Deficit Per FS	-4230140	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	2072107	TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities	235617	DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F990	235617	RevenueNotRptdF990
Revenue Subtotal	1836490	RevenueSubtotal
Other Revenues Not Included	-53433	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	-53433	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	1783057	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	6302247	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	235617	DonatedServicesUseOfFacilities
Other Expenses Included	53433	OtherExpensesIncluded
Expenses Not Rptd F990	289050	ExpensesNotRptdF990
Expenses Subtotal	6013197	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	6013197	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:	PART X:	THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME AND CALIFORNIA FRANCHISE TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. ADDITIONALLY, THE FOUNDATION HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE FOUNDATION FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD'S ACCOUNTING STANDARDS CODIFICATION TOPIC 740 INCOME TAXES TO ACCOUNT FOR UNCERTAIN TAX POSITIONS. MANAGEMENT HAS CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. THE FOUNDATION IS GENERALLY NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL AND STATE TAX AUTHORITIES FOR YEARS PRIOR TO 2008 AND 2007, RESPECTIVELY.
PART XII, LINE 4B - OTHER ADJUSTMENTS:		SPECIAL EVENTS EXPENSE -53,433.
PART XIII, LINE 2D - OTHER ADJUSTMENTS:		SPECIAL EVENTS EXPENSE 53,433.

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable

Field	Value	IRS element (for citing)
Region	EAST ASIA AND THE PACIFIC	Region
Number Of Offices	0	NumberOfOffices
Number Of Employees	0	NumberOfEmployees
Type Of Activities Conducted	PROGRAM SERVICES	TypeOfActivitiesConducted
Specific Services Provided	SPONSORED RESEARCH	SpecificServicesProvided
Total Expenditures	60000	TotalExpenditures

Field	Value	IRS element (for citing)
Subtotal Number Of Offices	0	SubtotalNumberOfOffices
Subtotal Number Of Employees	0	SubtotalNumberOfEmployees
Cont Number Of Offices	0	ContNumberOfOffices
Cont Number Of Employees	0	ContNumberOfEmployees
Total Number Of Offices	0	TotalNumberOfOffices
Total Number Of Employees	0	TotalNumberOfEmployees
Subtotal Amount Spent	60000	SubtotalAmountSpent
Cont Amount Spent	0	ContAmountSpent
Total Amount Spent	60000	TotalAmountSpent
Transfer To Foreign Corp	0	TransferToForeignCorp
Interest In Foreign Trust	0	InterestInForeignTrust
Own Foreign Corp	0	OwnForeignCorp
Passive Foreign Invest Co	0	PassiveForeignInvestCo
Foreign Partnership	0	ForeignPartnership
Boycott Countries	0	BoycottCountries

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	GOLF TOURNAMENT	NameOfEvent1
Gross Receipts Event1	233500	GrossReceiptsEvent1
Charitable Contributions Event1	214000	CharitableContributionsEvent1
Gross Revenue Event1	19500	GrossRevenueEvent1
Rent Facility Costs Event1	9860	RentFacilityCostsEvent1
Food And Beverage Event1	14395	FoodAndBeverageEvent1
Other Direct Expenses Event1	29178	OtherDirectExpensesEvent1
Gross Receipts Total	233500	GrossReceiptsTotal
Charitable Contributions Total	214000	CharitableContributionsTotal
Gross Revenue Total Events	19500	GrossRevenueTotalEvents
Rent Facility Costs Total Events	9860	RentFacilityCostsTotalEvents
Food And Beverage Total Events	14395	FoodAndBeverageTotalEvents
Other Direct Expenses Total Events	29178	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	53433	DirectExpenseSummaryEvents
Net Income Summary	-33933	NetIncomeSummary

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	1	RecordsMaintained

Recipient Table RecipientTable (4 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EIN Of RecipientEINOfRecipient	IRC SectionIRCSection	Amount Of Cash GrantAmountOfCashGrant	Purpose Of GrantPurposeOfGrant	Address Line2AddressUS/AddressLine2
CASE WESTERN RESERVE UNIVERSITY
2109 ADELBERT ROAD	CLEVELAND	OH	44106	341018992	501(C)(3)	480000	MYELIN RESEARCH
STANFORD UNIVERSITY
FAIRCHILD BLDG RM D201A 200 CAMPUS	STANFORD	CA	94305	941156365	501(C)(3)	960000	MYELIN RESEARCH	DRIVE
UNIVERSITY OF CHICAGO
5841 S MARYLAND AVE	CHICAGO	IL	60637	362177139	501(C)(3)	480000	MYELIN RESEARCH
NORTHWESTERN UNIVERSITY
710 N LAKE SHORE DR	CHICAGO	IL	60611	362167817	501(C)(3)	480000	MYELIN RESEARCH

Field	Value	IRS element (for citing)
Total Nbr Of501 C3 And Govt Grants	4	TotalNbrOf501C3AndGovtGrants

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	PROCEDURE FOR MONITORING GRANTS IN THE U.S.:	Identifier
Return Reference	PART I, LINE 2:	ReturnReference
Explanation	SCHEDULE I, PART I, LINE 2: THE VP OF DRUG DISCOVERY CAREFULLY REVIEWS EACH AWARD AND RESEARCH CONTRACT TO ENSURE COMPLIANCE WITH ALL FINANCIAL AND PROGRAMMATIC PROVISIONS.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	X	CompensationCommittee
Form990 Of Other Organizations	X	Form990OfOtherOrganizations
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	0	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	0	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
SCOTT JOHNSON
225500	0	15000	0	0	0	0	0	35507	0	276007	0	0	0
JAY TUNG
172125	0	20000	0	0	0	0	0	33094	0	225219	0	0	0

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (3 entries)

Return ReferenceReturnReference	ExplanationExplanation
FORM 990, PART VI, SECTION B, LINE 11	THE TAXPAYER'S ACCOUNTING FIRM FORWARDED THE FORM 990 TO THE CFO WHO THEN FORWARDED THE FORM 990 TO THE BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING THE FORM 990. BOARD MEMBERS WERE ENCOURAGED TO REVIEW THE FORM AND TO FORWARD THEIR QUESTIONS, IF ANY, TO THE CFO.
FORM 990, PART VI, SECTION B, LINE 15	THE COMPENSATION COMMITTEE, WHICH IS COMPOSED OF THREE OF THE INDEPENDENT DIRECTORS, MUST REVIEW AND APPROVE ALL MANAGEMENT COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19	FINANCIAL STATEMENTS ARE LINKED TO THE WEBSITE. CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.