2026-05-14T16:50:22-07:00 2025-06-30 990 2024-07-01 042104690 MARINE BIOLOGICAL LABORATORY MARI 5082897239 7 MBL Street Woods Hole MA 02543 Damian N Desiderio Chief Financial & Operating Officer 5082897239 2026-05-15 1 2024 2025-03-06 01:10:19Z Nipam Patel 7 MBL Street Woods Hole MA 02543 59160647 0 X www.mbl.edu X 1888 MA The Marine Biological Laboratory (MBL) is dedicated to scientific discovery - exploring fundamental biology, understanding biodiversity and the environment, and informing the human condition through research and education in biology, biomedicine, and environmental science. Founded in Woods Hole, Massachusetts, in 1888, the MBL is a private, nonprofit institution and an affiliate of the University of Chicago. 28 25 441 0 5681 788 44173808 39516654 8567886 8518345 4469377 7114533 137480 207635 57348551 55357167 4902958 5277746 0 0 29819230 29910762 0 0 1526985 21020634 21115610 55742822 56304118 1605729 -946951 245049089 246532340 35380429 34318349 209668660 212213991 The Marine Biological Laboratory (MBL) is a world-renowned center for biological discovery and training that is notably affiliated with more than 60 Nobel Prize winners. Research is conducted by full-time faculty as well as hundreds of the world's leading scientists who are attracted by the MBL's unique resources and strengths, and who come to the MBL to conduct research for weeks or months at a time. Their work spans biological scales from molecules and cells to ecosystems. The MBL trains students from high school to postdoctoral levels. Central to the MBL's identity are its advanced graduate level research courses. 0 0 33429251 3115475 24481273 The Marine Biological Laboratory (MBL) maintains laboratories for the scientific study and investigation of a wide range of biological topics, from biomedical to ecological research. MBL Resident Scientists are based full-time in Woods Hole and conduct funded research in areas of science that are relevant to the MBL's mission of fundamental biological discovery. Areas of focus include new discoveries emerging from the study of new research organisms, encompassing studies in cell biology, regenerative biology, neuroscience, sensory physiology, and comparative evolution and genomics; the study of microbiomes and microbial diversity and ecology in a variety of ocean, organismal, and terrestrial habitats; innovation in imaging and computation, illuminating cellular function and previously unknown biology; and adaptation and resilience of environmental systems and organisms in the face of global change. 11887269 2260277 13552325 The Marine Biological Laboratory (MBL) offers a wide range of scientific courses (from high school to post-doctoral level), workshops, conferences, and internships throughout the year. Central to the MBL's identity are its advanced, discovery-based courses for graduate students, postdoctoral fellows, and faculty. In these courses students learn from internationally renowned scientists and are immersed in the laboratory, learning cutting-edge techniques while investigating contemporary research problems. Each year, MBL advanced courses attract more than 500 graduate students and postdoctoral researchers from more than 300 institutions and over 30 countries. Course directors and faculty are leaders in their fields, drawn from leading universities and research institutions around the world. 2326523 0 1614209 Visiting (Whitman) Research: The Marine Biological Laboratory (MBL) hosts hundreds of researchers, postdocs, and graduate students from around the world to participate in scientific discovery courses, research, lectures, and field studies. As a convener of biology, the MBL is well known for fostering a highly collaborative environment, with scientists and students engaged in intensive research in a collegial and informal atmosphere. Whitman Center Scientists are provided with infrastructure and an informal, interactive scientific community that allows them to launch into research almost immediately upon their arrival. Advice and equipment are available from other researchers or from colleagues in the education program. Free from academic duties at their home institutions, some veteran Whitman Center Scientists report they do more hands-on research in three months at the MBL than they do during the rest of the year at their home institutions. 0 0 0 47643043 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 1 0 0 1 1 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 198 0 1 441 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 28 25 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 AK AL AR CA CO CT FL GA HI IL KS KY MA MD MI MN MS NC ND NH NJ NM NV NY OH OR PA RI SC TN UT VA WA WI WV X Damian N Desiderio CPA 5082897239 7 MBL Street Woods Hole MA 02543 A Paul Alivisatos Former Chair of the Board of Trustees 1 40 X 0 2031564 51177 Juan J de Pablo Trustee 2 40 X 0 718364 59745 Lori Berko Secretary of the MBL Corporation 2 40 X 0 660240 44024 Nipam H Patel Director of the MBL 40 0 X X 508513 0 53019 Linda Hyman Director of Education 40 0 X 298527 0 40498 Paul E Speer Chief Operating Officer 40 0 X 294682 0 38588 Anne Sylvester Director of Research 40 0 X 281671 0 13586 Mary S Harrington Chief Financial Officer 40 0 X 236781 0 48608 Joshua Rosenthal Senior Scientist 40 0 X 245598 0 35038 David B Mark Welch Senior Scientist 40 0 X 200283 0 65566 Jennifer Morgan Director of the Eugene Bell Center 40 0 X 220337 0 11019 Marie Russell Director of Facilities and Services 40 0 X 217346 0 11019 Alexandra Z Worden PhD Senior Scientist 40 0 X 214109 0 12713 William I Huyett Chair of the Board of Trustees 1 0 X X 0 0 0 Saul J Pannell Vice Chair of the Board of Trustees 1 0 X X 0 0 0 Walter E Massey Trustee 1 0 X 0 0 0 Peter D Barbey Trustee 1 0 X 0 0 0 Susan M Fitzpatrick Trustee 1 0 X 0 0 0 Margaret J Fofonoff Trustee 1 0 X 0 0 0 David A Greene Trustee 1 0 X 0 0 0 Avram Hershko Trustee 1 0 X 0 0 0 Catherine E Hibbitt Trustee 1 0 X 0 0 0 Constance T Keller Trustee 1 0 X 0 0 0 Christopher G Kennedy Trustee 1 0 X 0 0 0 Jean A King Trustee 1 0 X 0 0 0 David Johnson Trustee 1 0 X 0 0 0 Max Paul Rosen Trustee 1 0 X 0 0 0 Catherine Thomas Trustee 1 0 X 0 0 0 Lewis T Williams Trustee 1 0 X 0 0 0 Ethan A Lerner Trustee 1 0 X 0 0 0 William A Linton Trustee 1 0 X 0 0 0 John W McCarter Trustee 1 0 X 0 0 0 Brien OBrien Trustee 1 0 X 0 0 0 Ronald P OHanley Trustee 1 0 X 0 0 0 John W Rowe Trustee 1 0 X 0 0 0 Robert Rosiello Trustee 1 0 X 0 0 0 Timothy A Springer Trustee 1 0 X 0 0 0 Samme L Thompson Trustee 1 0 X 0 0 0 Dyann F Wirth Trustee 1 0 X 0 0 0 2717847 3410168 484600 54 1 1 0 Sodexo Inc and Affiliates PO Box 360170 Pittsburgh PA 15251 Food service 2388778 Reliable Roofing & Sheet Metal LLC 290 Vanderbilt Ave Suite 4 Norwood MA 02062 Construction 1085975 CES Northeast LLC 620 Herndon Parkway Suite 120 Herndon VA 20170 Construction 798186 Yale University PO Box 1873 New Haven CT 06508 Sub-Award 529531 Woods Hole Oceanographic Institution 569 Woods Hole Road MS 14 Woods Hole MA 02543 Sub-award 611803 20 0 0 0 7579467 16506146 15431041 84077 39516654 Tuition 611000 3280467 3280467 0 0 Housing, dining & conference 721000 3570019 3570019 0 0 Specimen & research services 541700 572347 572347 0 0 Rental income 532000 751846 0 0 751846 Gift shop 459420 303827 298146 5681 0 39839 39839 0 0 8518345 1257066 0 0 1257066 0 0 0 0 1800 0 0 1800 0 0 0 0 0 0 0 0 0 0 9660947 0 3740737 62743 5920210 -62743 5857467 0 0 5857467 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 205835 205835 0 0 205835 55357167 7966653 5681 7868179 2966012 2966012 1208633 1208633 1103101 1103101 0 0 1647060 680289 863347 103424 0 0 0 0 20582715 18359364 1542208 681143 2039252 1746500 218301 74451 3929010 3364967 420600 143443 1712725 1466849 183347 62529 0 0 0 0 11687 0 11687 0 129700 0 129700 0 120110 0 0 120110 0 0 0 0 0 0 1899148 1623947 254380 20821 74674 48000 18584 8090 236215 163096 63141 9978 645027 458460 97758 88809 4000 4000 0 0 2438591 1574940 832439 31212 861825 840318 11266 10241 0 0 0 0 141023 83504 17938 39581 763332 528930 225931 8471 0 0 0 0 4843975 3802985 1003369 37621 1762815 1138497 601756 22562 Hospitality Services 2248072 2248072 0 0 Supplies 2047766 1969514 71096 7156 Equipment & equip maintenance 1032569 852517 173545 6507 Serials 454878 295006 154094 5778 1400203 1115542 239603 45058 56304118 47643043 7134090 1526985 4537321 4754907 0 0 7555730 9698706 1376209 1492484 0 0 0 0 230250 230250 111657 148163 776589 604308 218080459 110809498 108245808 107270961 15726462 14523395 100842424 102480236 0 0 0 0 5646639 5328930 245049089 246532340 5622417 5192039 0 0 8058000 8272600 20887629 19835745 0 0 0 0 0 0 0 0 812383 1017965 35380429 34318349 X 102546488 100850386 107122172 111363605 209668660 212213991 245049089 246532340 X -946951 6896199 0 0 0 -3403917 X 0 1 X 1 1 1 X 37169993 47556604 44770074 44173808 39516654 213187133 0 0 0 0 0 0 0 0 0 0 0 0 37169993 47556604 44770074 44173808 39516654 213187133 290836 212896297 702416 1016314 633824 1312402 1258866 4923822 0 0 1840 1391 1788 5019 173785 143886 103422 137479 205835 764407 218880381 32617013 0.97266 0.97353 X Schedule A, Part II, Line 10 Other income shows miscellaneous activity. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 120110 120110 0 Schedule C, Part II-B, Line 1 The MBL employs a lobbyist to contact various people/agencies to advocate for funding beneficial to the MBL. 0 0 0 0 X X X 0 99311896 1691936 9406261 5660947 4000000 0 100749146 95972348 1073205 7548193 5281850 0 0 99311896 96915115 1228444 2777759 4948970 0 0 95972348 110363398 866932 -9636592 4678623 0 0 96915115 83248252 1533546 30175118 4593518 0 0 110363398 0.0606 0.6192 0.3202 0 1 1 0 52931085 52931085 0 119413046 79185125 40227921 0 0 0 0 0 45494320 31624373 13869947 0 242008 0 242008 107270961 100749146 F 1731090 F 102480236 Interest rate swap 763379 Other liabilities 204355 Charitable gift annuities payable 50231 1017965 X 55783965 0 0 0 3955876 3955876 51828089 0 3529078 3529078 55357167 54599047 0 0 0 0 0 54599047 0 1705071 1705071 56304118 Schedule D, Part III, Line 4 Rare books, journals and prints are located and used in the MBL Library for research and preservation. Schedule D, Part V, Line 4 The endowment funds were established to support a variety of purposes, including research, scholarships, the MBL Library, and plant. Schedule D, Part X, Line 2 The Laboratory is a tax-exempt organization as described in Section 501(c)(3) of the Internal Revenue Code, as amended (the Code), and is generally exempt from income taxes pursuant to Section 501(a) of the Code. The Laboratory is required to assess uncertain tax positions and has determined that there were no such positions that are material to the financial statements. Management believes that the Laboratory's income tax returns for years ended prior to 2018 are no longer subject to examination by tax authorities in its major tax jurisdiction. Schedule D, Part XI, Line 2d Investment earnings used for operations of $5,660,947 is excluded from Operating Revenue on the Form 990, offset by Financial aid of $1,705,071 included within "Tuition,net" on the Audited Financial Statements, but presented as an expense on the Form 990. Schedule D, Part XI, Line 4b The following amounts are included in Non-operating revenue within the Audited Financial Statements, but for purposes of the Form 990 the they are included in revenue on Part VIII: Federal and Non federal funding for plant of $124,968 and $317,750; Affiliate revenue of $500,000; loss of sale of non-operating asset of $102,126; Endowment interest & dividends of $762,500; and Endowment realized gains of $1,925,986. Schedule D, Part XII, Line 4b Financial aid of $1,705,071 included within "Tuition, net" revenue on the Audited Financial Statements, but presented as an expense for the purpose of the Form 990. 1 Europe (including Iceland and Greenland) 0 0 Program Services Grants and scholarship assistance 406961 South Asia 0 0 Program Services Scholarship assistance 173157 East Asia and the Pacific 0 0 Program Services Scholarship assistance 135013 South America 0 0 Program Services Scholarship assistance 125493 Middle East and North Africa 0 0 Program Services Grants and scholarship assistance 105410 Sub-Saharan Africa 0 0 Program Services Scholarship assistance 77407 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Grants and scholarship assistance 54356 Russia and Neighboring States 0 0 Program Services Scholarship assistance 25304 0 0 1103101 Middle East and North Africa Research 91911 EFT Europe (including Iceland and Greenland) Research 50211 EFT North America (including Canada and Mexico, but not the United States) Research 19546 EFT 3 0 Scholarship & Research Award Europe (including Iceland and Greenland) 78 356750 Scholarship & Research Award South Asia 46 173157 Scholarship East Asia and the Pacific 41 135013 Scholarship South America 31 125493 Scholarship Sub-Saharan Africa 20 77407 Scholarship North America (including Canada and Mexico, but not the United States) 11 34810 Scholarship Russia and Neighboring States 6 25304 Scholarship Middle East and North Africa 4 13499 0 0 0 0 0 0 Schedule F, Part I, Line 2 For subawards to institutions outside the United States, a budget, including the budget for the subaward, is prepared by the Office of Sponsored Programs (OSP) and forwarded to the prime funding agency for approval. When approval is received, an agreement between the MBL and the subawardee is prepared. The agreement is required to include a budget, justification and description of work to be completed. Additional information such as an annual audit report may be requested as applicable. This agreement must be approved and signed by a signatory official of the subawardee. Additional reporting is required of all foreign subawards including itemized invoices with detailed justification of charges to verify their appropriateness and reasonableness and prepared on a basis comparable to Generally Accepted Accounting Principles (GAAP) of the United States of America. Invoices are reviewed by OSP and then forwarded to the MBL Principle Investigator (PI) for review, approval, and certification that they have been monitoring the progress of the project each time an invoice is approved. Approved invoices are forwarded to MBL Financial Services for processing. MBL may also require progress reports the same as stipulated by the prime agreement and the MBL PI. 1 University of South Carolina 1600 Hampton St Suite 414 Columbia SC 29208 576001153 Government 46549 Research University of Chicago 5801 South Ellis Ave Chicago IL 60637 362177139 501(c)(3) 247177 Research Regents of the University of Minnesota 450 McNamara Alumni Center 200 Oak St SE Minneapolis MN 55455 416007513 Government 191632 Research Massachusetts Audobon Society 208 S Great Rd Lincoln MA 01773 042104702 501(c)(3) 27140 Research Northeastern University 360 Huntington Ave Boston MA 02115 041679980 501(c)(3) 133561 Research University of Texas at Dallas 800 West Campbell Rd AD15 Richardson TX 75080 751305566 Government 457737 Research University of New Hampshire 51 College Rd Durham NH 03824 026000937 Government 49944 Research University of Georgia Research Foundation 475 North Lumpkin Street Athens GA 30602 581353149 501(c)(3) 63431 Research Clark University 950 Main St Worcester MA 01610 042111203 501(c)(3) 48211 Research Woods Hole Oceanographic Inst 569 Woods Hole Rd MS 14 Woods Hole MA 02543 042105850 501(c)(3) 415927 Research Yale University 105 Wall St New Haven CT 06511 060646973 501(c)(3) 585015 Research Villanova University 800 Lancaster Ave Villanova PA 19085 231352688 501(c)(3) 25449 Research Virginia Institute of Marine Science (VIMS) 1375 Greate Rd Gloucester Point VA 23062 546001795 Government 42828 Research Boston University 1 Silber Way Boston MA 02215 042103547 501(c)(3) 43722 Research University of Illinois Chicago 809 S Marshfield Ave MC551 Chicago IL 60612 376000511 Government 72155 Research Children's Hospital Medical Center (Cincinnati Children's Hospital) 3333 Burnet Ave Cincinnati OH 45229 310537059 501(c)(3) 64558 Research University of Washington 1410 NE Campus Pkwy Seattle WA 98195 916001537 Government 38824 Research Saint Francis University 117 Evergreen Dr Loretto PA 15940 250965419 501(c)(3) 36537 Research University of California Irvine Office of Research 160 Aldrich Hall Ivine CA 92697 952226406 Government 24971 Research Nature Conservancy 4245 North Fairfax Dr Suite 100 Arlington VA 22203 530242652 501(c)(3) 190080 Research Rutgers University Research & Sponsored Programs 3 Rutgers Plaza 2nd Floor New Brunswick NJ 08901 226001086 501(c)(3) 82312 Research Albert Einstein College of Medicine 1300 Morris Park Ave Bronx NY 10461 131624102 501(c)(3) 58830 Research Duke University 2138 Campus Dr Durham NC 27708 560532129 501(c)(3) 12205 Research 23 0 Scholarships 174 904000 Awards values are the amount of tuition and housing waived. Research Awards 16 304632 Award values are the amount of lab space and housing waived. Schedule I, Part I, Line 2 The Grants Accountant, Controller, and Chief Financial Officer oversee all grant, contract, or cooperative agreement awards compliance. This includes establishing a new job center for each award, reconciling allowable expenses to the sponsor's requirements, accounting of all costs on active awards, ensuring grant contract or cooperative agreement expenses do not exceed the award revenues, completing all billing to government and private agencies, and completing a financial close-out of all finished awards assuring proper reporting to federal and non-federal agencies. Schedule I, Part III Research award oversight is provided by the Division of Research staff. Research award applications are reviewed by a committee of internal and external scientists, who meet with the Director of Research to make their recommendations for the final determination of recipients and award amounts. The Senior Administrator in the Division of Research tracks the awardee's research progress and expenditures through their stay at the MBL, reviewing the required reports that are due one month after completion of the research award term, and ensuring awardees remain within budget. Scholarships are awarded by the Division of Research from grants and contributions received by the MBL, some of which are restricted for specific use. The Director of Education determines student eligibility and the amount of the scholarship. Awards are first applied to cover tuition costs, and then cover room, board, and travel if the amount awarded is sufficient. X X 0 0 0 0 0 0 0 0 0 A Paul Alivisatos Former Chair of the Board of Trustees 0 1399992 0 399360 0 232212 0 27600 0 23577 0 2082741 0 0 Juan J de Pablo Trustee 0 539345 0 171347 0 7673 0 27600 0 32145 0 778110 0 0 Lori Berko Secretary of the MBL Corporation 0 508272 0 149163 0 2804 0 27600 0 16424 0 704263 0 0 Nipam H Patel Director of the MBL 508513 0 0 0 0 0 26000 0 27019 0 561532 0 0 0 Linda Hyman Director of Education 298527 0 0 0 0 0 26988 0 13510 0 339025 0 0 0 Paul E Speer Chief Operating Officer 294682 0 0 0 0 0 20222 0 18365 0 333269 0 0 0 Anne Sylvester Director of Research 281671 0 0 0 0 0 13586 0 0 0 295257 0 0 0 Mary S Harrington Chief Financial Officer 236781 0 0 0 0 0 26570 0 22038 0 285389 0 0 0 Joshua Rosenthal Senior Scientist 245598 0 0 0 0 0 13000 0 22038 0 280636 0 0 0 David B Mark Welch Senior Scientist 200283 0 0 0 0 0 25037 0 40529 0 265849 0 0 0 Jennifer Morgan Director of the Eugene Bell Center 220337 0 0 0 0 0 0 0 11019 0 231356 0 0 0 Marie Russell Director of Facilities and Services 217346 0 0 0 0 0 0 0 11019 0 228365 0 0 0 Alexandra Z Worden PhD Senior Scientist 214109 0 0 0 0 0 12713 0 0 0 226822 0 0 0 A Massachusetts Development Finance Agency 043431814 57583RFL4 2006-04-26 34000000 Renovation of Facilities and Refinancing 0 0 0 A 14075000 0 34629135 0 134301 0 0 0 0 19644135 14985000 0 2008 0 1 1 1 A 0 1 1 0 0 0.0256 0.0013 0.0269 1 0 1 A 0 0 1 0 1 1 Morgan Stanley 30.3 1 0 1 Trans America 1.5 1 0 0 A 1 X 8 461298 Market Value 0 0 1 1 Schedule M, Part I, Line 32b Stock donations are received in the MBL's Morgan Stanley account and sold as soon as possible by Morgan Stanley. Form 990, Part VI, Section A, Line 6 On July 1, 2013 the Laboratory entered into an affiliation agreement with the University of Chicago (the University) located in Chicago, Illinois. Under this affiliation the University became the sole member of the Laboratory. The University of Chicago as sole member has the right to exercise all powers to approve or disapprove of certain fundamental decisions concerning the Corporation. Form 990, Part VI, Section A, Line 7a The University as sole member has the power to appoint and remove members of the Board of Trustees. Form 990, Part VI, Section A, Line 7b The University of Chicago as sole member has the power to take certain actions with respect to the MBL after prior consultation with the MBL's Board of Trustees, and the power to approve or disapprove certain actions taken by the MBL. Form 990, Part VI, Section B, Line 11b Prior to filing the Form 990, members of the Audit & Risk Committee of the Laboratory's Board of Trustees were given an opportunity to review the Form 990 allowing them to review the form, provide comments, and ask questions. Subsequent to the Committees' review, the form was made available to the full Board of Trustees for review prior to filing. Form 990, Part VI, Section B, Line 12c All trustees, officers, senior faculty, senior administrators, and other employees of the Laboratory are subject to conflict of interest policies that among other things, define material financial disclosure of information and specify procedures to be followed in managing these conflicts. The Laboratory's conflict of interest (COI) policies for trustees and officers requires disclosure whenever a trustee or a related party engages in an activity that could be considered a conflict of interest. Trustees are reminded that questions regarding the COI policy may be raised informally and confidentially at any time with the Chair of the Board of Trustees, the Chair of the Nominating and Governance Committee, or the University of Chicago's General Counsel. All trustees must annually disclose actual and potential conflicts of interest by completing a confidential COI Disclosure Statement and Acknowledgement, and these disclosures must be updated as new information becomes available that could affect the trustee's stated interests. The MBL's Chief Financial Officer reviews all COI forms submitted and compiles disclosures into a confidential database, advising MBL and University of Chicago leadership and the Nominating and Governance Committee of any conflicts reported. Regardless of these efforts, Trustees must be alert to any and all potential conflicts. To the extent a potential conflict has not been addressed, it should be brought to the immediate attention of the Chair of the Board, the Chair of the Nominating and Governance Committee, or the University of Chicago's General Counsel. The Trustee should also abstain from participating in or voting on the matter. Actions in this regard will be reflected in any official meeting minutes. The Laboratory requires that employees (MBL staff members) complete a COI statement annually. The statement is reviewed by the Director of Human Resources and the Director of Research. If it is believed there may be a conflict of interest on any of the statements, it is brought to the attention of the MBL Chief Financial Officer for reporting and for resolution. Any MBL staff member who is or will be involved in an MBL business transaction in which a potential for conflict of interest may exist is required to report such potential conflict to the Chief Financial Officer. The MBL shall take action to ensure that the transaction, if it is to proceed, is on fair and reasonable terms and in the best interest of the Laboratory. Someone other than the individual with the conflict must initiate the resolutions for action and make the necessary decisions and control the transaction(s). The individual with the conflict must recuse themselves from the decision-making process. Form 990, Part VI, Section C, Line 19 The Conflict of Interest policy is available on MBL's website. Audited financial statements are available on the website and the Form 990 is available upon request. In addition, audited financial statements, Form 990, and governing documents are available on public websites and the Commonwealth of Massachusetts' website. Form 990, Part XI, Line 9 Adjustments for non-operating activities: decrease in interest rate swap agreement of $179,877; increase for the change in value of annuities of $21,185; increase in post-retirement health care asset value of $659,975; non-operating gain on insurance proceeds of $94,800 and $4,000,000 change in net assets released from board designations. UNIVERSITY OF CHICAGO 5801 S ELLIS AVENUE CHICAGO IL 60637 362177139 EDUCATION & RESEARCH IL 501 (C) (3) 12 N/A 0 ARCH DEVELOPMENT CORPORATION 5555 S WOODLAWN AVENUE CHICAGO IL 60637 363485244 TECH TRANSFER IL 501 (C) (3) 12 University of Chicago 0 CHICAGO HOME FOR THE INCURABLES 5801 S ELLIS AVENUE CHICAGO IL 60637 362169138 SUPP RESEARCH IL 501 (C) (3) 12 University of Chicago 0 CHICAGO TUMOR INSTITUTE 5801 S ELLIS AVENUE CHICAGO IL 60637 237136019 SUPP RESEARCH IL 501 (C) (3) 12 University of Chicago 0 COURT THEATRE FUND 5535 S ELLIS AVENUE CHICAGO IL 60637 363203660 SUPP THE ARTS IL 501 (C) (3) 12 University of Chicago 0 LAKE PARK ASSOCIATES 5801 S ELLIS AVENUE CHICAGO IL 60637 366111317 PROPERTY HOLDING IL 501 (C) (2) University of Chicago 0 QUADRANGLE CLUB 5801 S ELLIS AVENUE CHICAGO IL 60637 361655190 SOCIAL CLUB IL 501 (C) (7) 7 University of Chicago 0 UCHICAGO RESEARCH INTERNATIONAL LTD 5801 S ELLIS AVENUE CHICAGO IL 60637 262741573 RESEARCH IL 501 (C) (3) 12 University of Chicago 0 UNIV OF CHGO BOOTH SCHL OF BUSINESS One Bartholomew Close Barts Square LONDON UK EC1A 7BL EDUCATION UK University of Chicago 0 UNIV OF CHGO BOOTH SCHL OF BUSINESS 101PENANG RD 238466 SINGAPORE SN EDUCATION SN University of Chicago 0 UNIV OF CHGO FOUNDATION IN HONG KONG LTD RM100 FAR EAST CTR CO WM FAN and Co HONG KONG HK FUNDRAISING HK University of Chicago 0 UNIVERSITY OF CHICAGO CHARTER SCHOOL CORPORATION 5801 S ELLIS AVENUE CHICAGO IL 60637 364225812 EDUCATION IL 501 (C) (3) 2 University of Chicago 0 UNIVERSITY OF CHICAGO CANCER RESEARCH FOUNDATION 5801 S ELLIS AVENUE CHICAGO IL 60637 366056201 SUPP RESEARCH IL 501 (C) (3) 12 University of Chicago 0 UNIVERSITY OF CHICAGO CENTER IN PARIS 6 RUE THOMAS MANN 75013 PARIS FR EDUCATION FR University of Chicago 0 UNIVERSITY OF CHICAGO CLOISTERS CLUB 1212 E 59TH STREET CHICAGO IL 60637 SOCIAL CLUB IL University of Chicago 0 UNIVERSITY OF CHICAGO MEDICAL CENTER 5841 S MARYLAND AVENUE CHICAGO IL 60637 363488183 HOSPITAL IL 501 (C) (3) 3 University of Chicago 0 UNIVERSITY OF CHICAGO PROPERTY HOLDING CORPORATION 5801 S ELLIS AVENUE CHICAGO IL 60637 366108743 PROPERTY HOLDING IL 501 (C) (2) University of Chicago 0 UNIVERSITY OF CHICAGO RETIREE MEDICAL TRUST 5801 S ELLIS AVENUE CHICAGO IL 60637 363999692 MEDICAL TRUST IL 501 (C) (3) 12 University of Chicago 0 UNIVERSITY OF CHICAGO SELF INSURANCE TRUST 5801 S ELLIS AVENUE CHICAGO IL 60637 363020034 MALPRACTICE TRUST IL 501 (C) (3) 12 University of Chicago 0 UNIVERSITY OF CHICAGO TRUST (INDIA) L-9 East Wing Raheja Towers Mg Road BANGALORE IN 560001 FUNDRAISING IN University of Chicago 0 SOUTHEAST CHICAGO COMMISSION 1511 East 53rd Street CHICAGO IL 60615 362226282 ECONOMIC DEVELOPMENT IL 501 (C) (3) 7 University of Chicago 0 FERMI FORWARD DISCOVERY GROUP LLC 5801 S ELLIS AVENUE CHICAGO IL 60637 933319101 MANAGEMENT IL 501(C)(3) 7 University of Chicago 0 UChicago (Beijing) Consulting Co LTD Unit 1-10 Culture Place of Remmin University Beijing CH Consulting CH University of Chicago C UChicago Center in India Private Limited Unit 5-10 Grd Fl DLF Capital Point Baba Khara Singh Marg New Delhi IN Consulting IN University of Chicago C SC Curriculum Inc 70 West Madison Street Chicago IL 60602 Science curriculum IL University of Chicago C Phoenix Overlay Fund Ltd 401 N Michigan Ave c/o Invst Offic Chicago IL 60611 Investing CJ University of Chicago C CHARITABLE REMAINDER TRUSTS (69) 5801 S ELLIS AVENUE Chicago IL 60637 CHAR RMDR TRUST IL University of Chicago T POOLED INCOME FUND (1) 5801 S ELLIS AVENUE Chicago IL 60637 POOLED INC FUND IL University of Chicago C CAPSTONE CPP 2012 1 FUND 190 ELGIN AVENUE GEORGE TOWN GRAND CAYMAN CJ KY1-9008 INVESTMENT CJ University of Chicago C KOHINOOR CORE (CAYMAN) FUND PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ KY1-1104 INVESTMENT CJ University of Chicago C PENSO FUND PLATFORM SPC - SEG PORTFOLIO PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ KY1-1104 981360251 INVESTMENT CJ University of Chicago C STANDARD GENERAL OFFSHORE FUND LTD 767 5TH AVE 12TH FLOOR NEW YORK NY 10153 INVESTMENT NY University of Chicago C TARPON ALL EQUITIES FUND LP MAPLES CORPORATE SERVICES LTD OP UGLAND HOUSE OUTH CHURCH ST GRAND CAYMAN CJ KY1-1104 INVESTMENT IL University of Chicago C VIEWFORTH EUROPEAN EQUITY FUND LIMITED 190 ELGIN AVENUE GEORGE TOWN GRAND CAYMAN CJ KY1-9001 INVESTMENT CJ University of Chicago C CHARITABLE LEAD TRUST (0) 5801 S ELLIS AVENUE CHICAGO IL 60637 CHAR LEAD TRUST IL University of Chicago T 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 UNIVERSITY OF CHICAGO c 7579467 The amounts received by the MBL represents $5,000,000 for operational support; $500,000 for non-operational support; and $2,079,467 for specific programmatic activities. UNIVERSITY OF CHICAGO m 0 The University performs fundraising services by including MBL within online solicitations and some major donor solicitations. UNIVERSITY OF CHICAGO q 0 The University of Chicago holds courses and conducts occasional research at the MBL and reimburses MBL at standard rates for meeting room and laboratory rentals, housing and dining services, and research service purchases. Schedule R, Part II The University of Chicago, a 501(c)(3) organization, is the direct controlling organization of the Marine Biological Laboratory. For purposes of completeness, the following information is provided. The related organizations listed below are diregarded entites of the University of Chicago: 53rd Street Labs, LLC - 5801 S. Ellis Avenue, Chicago, IL 60637 Primary Activity: Real Estate Holding Legal Domicile: Illinois; 6014 Cottage Grove LPA Holdings, LLC - 5801 S. Ellis Avenue, Chicago, IL 60637 Primary Activity: Property Holding Company Legal Domicile: Illinois; Center for Research in Security Prices LLC - 105 West Adams Street, Suite 1700, Chicago, IL 60603 Primary Activity: Securities Research and Data Legal Domicile: Illinois; Harper Court Holdings 2, LLC - 5801 S. Ellis Avenue, Chicago, IL 60637 Primary Activity: Holding Company Legal Domicile: Illinois; Harper Court Holdings, LLC - 5801 S. Ellis Avenue, Chicago, IL 60637 Primary Activity: Holding Company Legal Domicile: Illinois; LPA Management, LLC - 5801 S. Ellis Avenue, Chicago, IL 60637 Primary Activity: Property Management Legal Domicile: Illinois; Theory and Computing Sciences Building Trust - 5801 S. Ellis Avenue, Chicago, IL 60637 EIN: 51-6596577 Primary Activity: Research Building Legal Domicile: Illinois; UChicago Argonne LLC - 5801 S. Ellis Avenue, Chicago, IL 60637 EIN: 68-0628477 Primary Activity: Manage Lab Legal Domicile: Illinois; UChicago Impact LLC - 1307 E. 60th Street, Chicago, IL 60637 EIN: 61-1682394 Primary Activity: Education Legal Domicile: Illinois; UChicago Trading - 5801 S. Ellis Avenue, Chicago, IL 60637 EIN: 30-0517735 Primary Activity: Investing; Univ. of Chicago Foundation Ltd - 5th Fl Alder Castle, 10 Noble, London, United Kingdom EIN: 98-0525557 Primary Activity: Fundraising.