2020-11-06T09:06:38-06:00 2020-06-30 420714325 RSM US LLP 8020 EXCELSIOR DR STE 100 MADISON WI 53717 990 2019-07-01 390833612 WISCONSIN ALUMNI RESEARCH FOUNDATION WISC 6089609850 614 WALNUT STREET 13TH FLOOR MADISON WI 53726 JOHN GRANSEE CFO/COO 6089609850 2020-10-29 1 JAMES G GRAHAM P00006111 6088332612 174.82.180.203 2020-10-29 09:55:08 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A484AEC4C5497D9198E88648858B3B91BEA7E944 2019 2021-01-29 14:40:06Z ERIK IVERSON 614 WALNUT STREET 13TH FLOOR MADISON WI 53726 255034585 0 X WWW.WARF.ORG X 1925 WI ENABLE UNIVERSITY OF WISCONSIN-MADISON RESEARCH TO SOLVE THE WORLD'S PROBLEMS.TO SUPPORT SCIENTIFIC RESEARCH WITHIN THE UW-MADISON COMMUNITY BY PROVIDING FINANCIAL SUPPORT, ACTIVELY MANAGING ASSETS, AND MOVING INNOVATIONS TO THE MARKETPLACE FOR A FINANCIAL RETURN AND GLOBAL IMPACT. 18 17 141 244 29082 0 1683950 56199 14836367 15289354 9434536 233052437 7021725 6624595 32976578 255022585 86832176 95567995 0 0 19334997 18463397 0 0 0 70497026 38418042 176664199 152449434 -143687621 102573151 3030670367 3167612485 794424367 950463948 2236246000 2217148537 X SEE PART I, LINE 1 0 0 119600329 83767995 18392224 1) DIRECT FISCAL 2019-2020 GRANTS OF $81,249,086 WERE MADE TO THE UNIVERSITY OF WISCONSIN - MADISON. THE GRANTS PROVIDED THE UNIVERSITY THE FINANCIAL FLEXIBILITY TO CREATE 176 COMPETITIVE RECRUITMENT PACKAGES TO ATTRACT WORLD-CLASS FACULTY MEMBERS TO JOIN UW-MADISON, AND RETAIN CURRENT FACULTY WHO RECEIVE OUTSIDE OFFERS. THE FOUNDATION SPONSORED GRADUATE STUDENT SUPPORT HELPED RECRUIT AND RETAIN 7,239 TOP QUALITY GRADUATE STUDENTS. THROUGH THE FALL RESEARCH COMPETITION, THE FOUNDATION FUNDED 283 AWARDS AIMED AT SUPPORTING JUNIOR FACULTY AS THEY BUILD THEIR RESEARCH PROGRAMS AND PILOT STUDIES FOR EXTERNAL GRANT APPLICATIONS. THE FOUNDATION ALSO MATCHED GRANTS, WHICH ALLOWED THE UNIVERSITY TO APPLY FOR AND ACCEPT EXTRAMURAL GRANT OPPORTUNITIES THAT REQUIRED A MATCH FROM THE INSTITUTION. THE DIRECT GRANTS ALSO SUPPORTED 10 NAMED PROFESSORSHIPS, 11 NEW KELLETT MID-CAREER FELLOWSHIPS AND 11 NEW ROMNES FACULTY FELLOWSHIPS. THROUGH THE ENDOWMENT FOR EXCELLENCE, THE FOUNDATION FUNDED 37 INTERDISCIPLINARY FACULTY MEMBERS IN THE FOLLOWING AREAS; AGRONOMY, ASTRONOMY, BACTERIOLOGY, BIOMEDICAL ENGINEERING, BIOCHEMISTRY, BIOMOLECULAR CHEMISTRY, BOTANY/STATISTICS, CHEMISTRY, COMPARATIVE BIOSCIENCES, COMPUTER SCIENCE, ENTOMOLOGY, ELECTRICAL & COMPUTER ENGINEERING, ENGINEERING PHYSICS, GENDER AND WOMEN'S STUDIES, GENETICS AND NEUROLOGY, MATERIAL SCIENCE AND ENGINEERING, MATH/ECE, MATHEMATICS, MATERIAL SCIENCE, MECHANICAL ENGINEERING, NEUROSCIENCE, NEUROSCIENCE AND NEUROLOGY, PHARMACY, PHYSICS, PLANT PATHOLOGY, PLANNING AND LANDSCAPE ARCHITECTURE, PSYCHOLOGY, RADIOLOGY, AND GENDER AND WOMEN'S STUDIES. THE PATENT AND LICENSING FUNCTION PRODUCED THE FOLLOWING RESULTS DURING THE YEAR: THE UNIVERSITY OF MADISON DISCLOSED 380 INVENTIONS TO THE WISCONSIN ALUMNI RESEARCH FOUNDATION. THE FOUNDATION FILED 248 U.S. PATENT APPLICATIONS AND 277 FOREIGN PATENT APPLICATIONS ON BEHALF OF THE UNIVERSITY OF WISCONSIN. DURING THE 2019-2020 FISCAL YEAR 166 U.S. PATENTS AND 155 FOREIGN PATENTS WERE GRANTED TO THE FOUNDATION BY THE RESPECTIVE PATENT OFFICES. UNDER FEDERAL LAW (I.E. THE BAYH DOLE ACT) UNIVERSITIES OR THEIR 501(C)(3) PATENT MANAGEMENT ORGANIZATIONS HAVE THE RIGHT TO TAKE TITLE TO INVENTIONS MADE IN THE COURSE OF UNIVERSITY RESEARCH FUNDED IN WHOLE OR IN PART BY AN AGENCY OF THE FEDERAL GOVERNMENT. THE UNIVERSITY OF WISCONSIN - MADISON HAS DELEGATED THIS RIGHT TO WARF. WARF IS THE DESIGNATED PATENT MANAGEMENT ORGANIZATION FOR THE UNIVERSITY OF WISCONSIN- MADISON AND IN THAT ROLE WARF EXERCISES THE UNIVERSITY'S RIGHTS AND OBLIGATIONS UNDER THE BAYH DOLE ACT. DURING THE 2019-2020 FISCAL YEAR, 68 NEW COMMERCIAL LICENSES OR OPTIONS WERE CLOSED. 11800000 11800000 3492643 2) MORGRIDGE INSTITUTE FOR RESEARCH, INC. WAS ESTABLISHED ON NOVEMBER 24, 2006, AS AN INDEPENDENT RESEARCH INSTITUTE THAT PROVIDES UW-MADISON INNOVATIVE NEW WAYS TO CONDUCT BIOMEDICAL RESEARCH AND EDUCATE THE COMMUNITY. MORGRIDGE'S MISSION IS TO IMPROVE HUMAN HEALTH THROUGH INNOVATIVE, INTERDISCIPLINARY BIOMEDICAL DISCOVERIES, SPARK SCIENTIFIC CURIOSITY AND SERVE SOCIETY THROUGH TRANSLATIONAL OUTCOMES, IN PARTNERSHIP WITH THE UNIVERSITY OF WISCONSIN-MADISON. THE MORGRIDGE INSTITUTE FOR RESEARCH'S SEVEN RESEARCH THEMES UNIFY 12 PRINCIPAL INVESTIGATORS CONDUCTING, ENABLING AND TRANSLATING RESEARCH IN THE FIELDS OF: REGENERATIVE BIOLOGY: UNDERSTANDING AND DIRECTING CELLULAR FATES TO IMPROVE HUMAN HEALTH. MEDICAL ENGINEERING: ADVANCING TECHNOLOGIES TO BETTER DIAGNOSE, TREAT AND PREVENT DISEASE. VIROLOGY: UNLOCKING THE SECRETS OF VIRUS-HOST INTERACTIONS TO BETTER PROTECT HUMAN HEALTH. METABOLISM: STUDYING THE CHEMISTRY OF LIFE AND ITS DISRUPTION IN HUMAN DISEASE. WITH EXPERTISE IN: BIOMEDICAL ETHICS: ADDRESSING EMERGING ETHICAL ISSUES AND BUILDING A CULTURE OF RESPONSIBLE SCIENCE. HIGH THROUGHPUT COMPUTING: HARNESSING COMPUTING POWER TO ADDRESS NEW QUESTIONS IN SCIENCE. 3) WICELL RESEARCH INSTITUTE, INC.'S MISSION IS TO SUPPORT STEM CELL RESEARCH AT THE UNIVERSITY OF WISCONSIN-MADISON AND THE DEVELOPMENT OF STEM CELL CLINICAL APPLICATIONS WORLDWIDE. WICELL IS A SUPPORTING ORGANIZATION OF THE UNIVERSITY OF WISCONSIN-MADISON, A WORLD LEADER IN THE AREA OF HUMAN PLURIPOTENT STEM CELL RESEARCH. WICELL IS A NONPROFIT ORGANIZATION ESTABLISHED IN 1999 TO ADVANCE THE SCIENCE OF STEM CELLS. THE GLOBAL LEADER IN CELL BANKING, CHARACTERIZATION TESTING AND DISTRIBUTION OF STEM CELL LINES, WICELL BUILDS ON THESE CORE STRENGTHS BY ALSO PROVIDING CLINICAL GRADE PLURIPOTENT STEM CELL LINES, QUALITY CONTROL TESTING AND CELL BANKING SERVICES. AS A SUPPORT ORGANIZATION FOR UW-MADISON, WICELL OFFERS A WIDE ARRAY OF SERVICES AND SUPPORT DESIGNED TO KEEP UW AT THE FOREFRONT OF ADVANCES IN STEM CELL TECHNOLOGY. CURRENT OFFERINGS INCLUDE: PRE-QUALIFIED REAGENTS SUCH AS MEDIA AND MEDIA COMPONENTS, MATRICES, MEFS AND ANTIBODIES, A FULL RANGE OF CHARACTERIZATION TESTING SERVICES, SPECIALIZED TESTING INCLUDING TERATOMA SERVICES AND HISTOLOGICAL ANALYSIS, MYCOPLASMA SCREENING AND QUALITY CONTROL TESTING, HIGH QUALITY AND WELL CHARACTERIZED CELL LINES FROM THE WICELL STEM CELL BANK, TECHNICAL ASSISTANCE AND HANDS-ON TRAINING, FULLY EQUIPPED LABORATORY SPACE, GRANT WRITING ASSISTANCE FOR BUDGETING AND CORE SERVICES NEEDS. DURING FISCAL YEAR 2019-2020, WICELL DISTRIBUTED 731 HUMAN CELL LINES TO COMMERCIAL AND ACADEMIC RESEARCH LABORATORIES BRINGING THE TOTAL CELL LINES DISTRIBUTED TO DATE TO 5,558. 131400329 1 0 0 1 0 1 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 828 0 1 141 1 1 1 0 0 0 0 0 0 0 0 0 1 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI CA X X JOHN GRANSEE 6089609850 614 WALNUT STREET 13TH FLOOR MADISON WI 53726 CAROL N SKORNICKA TRUSTEE 2.00 2.00 X 24000 15000 0 DAVID SMUKOWSKI TRUSTEE 2.00 X 27000 0 0 DEBORAH KELLER TRUSTEE 2.00 5.00 X 24000 0 0 DORIS MEISSNER TRUSTEE, VICE CHAIR 3.00 X X 24000 0 0 GORDON F BRUNNER TRUSTEE 2.00 1.00 X 24000 1500 0 JAMES BERBEE TRUSTEE, CHAIR 4.00 2.00 X X 36000 0 0 JEFFREY C SPRECHER TRUSTEE 2.00 X 21000 0 0 JOAN SPERO TRUSTEE 2.00 X 27000 0 0 JOHN MORGRIDGE TRUSTEE 2.00 2.00 X 0 0 0 NORMAN BOBINS TRUSTEE, TREASURER 3.00 X X 30000 0 0 PATRICIA LIPTON TRUSTEE, SECRETARY 3.00 2.00 X X 27000 10000 0 PETER P TONG TRUSTEE 2.00 X 32000 0 0 REBECCA BLANK TRUSTEE 2.00 X 27000 0 0 WINSLOW SARGEANT TRUSTEE 2.00 2.00 X 24000 15000 0 ERIK IVERSON TRUSTEE/CEO 40.00 4.00 X X 642178 15000 127929 REBECCA HOUSE TRUSTEE 2.00 X 0 0 0 MARY HAAK-FRENDSCHO TRUSTEE 2.00 X 0 0 0 JAMES THOMPSON TRUSTEE 2.00 X 0 0 0 JOHN GRANSEE CFO/COO 40.00 X 359205 0 147819 LEIGH CAGAN CTCO - UNTIL 3/1/2020 40.00 X 365241 0 135815 MICHAEL FALK CHIEF IP AND LICENSING OFFICER 38.00 2.00 X 418000 0 263725 MICHAEL PARTSCH CHIEF VENTURE OFFICER 40.00 X 354192 0 99197 STEPHANIE ADAMANY GENERAL COUNSEL 40.00 X 308005 0 201650 ALAIN HUNG DEPUTY CHIEF INVESTMENT OFFICER 40.00 X 496687 0 243175 MICHAEL WAGNER INVESTMENT DIRECTOR 40.00 X 379766 0 132681 JONATHAN YOUNG HEAD OF WARF THERAPEUTICS 40.00 X 249154 0 98663 LAWRENCE PROSSER DIRECTOR OF FINANCE, INVESTMENTS 40.00 X 263892 0 82274 ALYSSA THOENY SENIOR DIRECTOR, FINANCE 40.00 X 227748 0 106512 CARRIE THOME FORMER CHIEF INVESTMENT OFFICER 40.00 X 780205 0 35767 5191273 56500 1675207 35 1 1 0 QUARLES & BRADY 411 E WISCONSIN AVENUE STE 2340 MILWAUKEE WI 532024426 LEGAL SERVICES 2266190 CPA GLOBAL LIMITED LIBERATION HOUSE CASTLE STREET ST HELIER CHANNEL ISLANDS JE JE1 1BL PATENT LEGAL/ANNUITY SERVICE 1099692 BOYLE FREDRICKSON 840 N PLANKINTON AVENUE MILWAUKEE WI 53203 LEGAL SERVICES 1009810 UNITED STATES PATENT AND TRADEMARK OFFIC PO BOX 1450 ALEXANDRIA VA 223131450 PATENT SERVICES 818400 IRELL & MANELLA LLP 1800 AVENUE OF THE STARS SUTIE 900 LOS ANGELES CA 900674276 LEGAL SERVICES 810996 23 56199 56199 ROYALTIES 900099 12744982 12744982 LICENSING 900099 2544372 2544372 15289354 24029327 24029327 2250000 0 2250000 2250000 2250000 208990110 45000 0 12000 208990110 33000 209023110 209023110 OTHER INCOME 900099 1731748 1731748 WARF PATENT REVENUE 900099 1371122 1371122 MIR BLDG COSTS REIMBURSEMENTS 900099 1242643 1242643 29082 29082 4374595 255022585 21884867 29082 233052437 95567995 95567995 7778399 2597481 5180918 7705948 4208927 3497021 1454973 1040330 414643 1061884 555581 506303 462193 278575 183618 7315 7315 950037 935787 14250 168235 168235 72000 72000 4348226 4348226 493758 354145 139613 108504 43600 64904 218111 102329 115782 551043 551043 5559285 5559285 2266211 1675701 590510 168509 81540 86969 195886 103371 92515 7509669 3089468 4420201 5802545 5775704 26841 371416 185597 185819 DOMESTIC LEGAL/PATENTS 4704629 4704629 FOREIGN LEGAL/PATENTS 2023354 2023354 FOREIGN PATENT MAINT FE 1068564 1068564 US PATENT MAINT FEES 818400 818400 1012345 629966 382379 152449434 131400329 21049105 0 2084478 2703563 2627663 2228988 3439415 2854881 366920 634816 182815985 57857600 130405198 124958385 387510 210134186 2767198132 2812875524 2043238 1600159 122117813 9621983 3030670367 3167612485 11095405 12843473 571111788 581437532 28162 28162 132739608 0 223563103 79449404 132591678 794424367 950463948 X 2184835000 2165931908 51411000 51216629 2236246000 2217148537 3030670367 3167612485 X 102573151 -117146656 -4523958 X 0 1 X 1 0 X X 2 UNIVERSITY OF WISCONSIN-MADISON 396006492 2 1 83767995 0 MORGRIDGE INSTITUTE FOR RESEARCH 208325570 4 1 11800000 0 2 95567995 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X PART IV, SECTION D, ITEM 3: THE BY-LAWS OF THE ORGANIZATION MANDATE THAT THE CHANCELLOR FOR THE UNIVERSITY OF WISCONSIN-MADISON (UNIVERSITY) BE A MEMBER OF THE BOARD OF TRUSTEES. THE CURRENT TRUSTEE SERVING IN THIS ROLE IS CHANCELLOR REBECCA BLANK. THE BY-LAWS OF THE MORGRIDGE INSTITUTE FOR RESEARCH (MIR) MANDATE THAT THE CEO OF THE ORGANIZATION ALSO SERVE AS A MEMBER OF THE BOARD OF TRUSTEES FOR MIR. IN ADDITION, FOUR (4) OF MIR'S BOARD MEMBERS CURRENTLY SERVE ON THE ORGANIZATION'S BOARD OF TRUSTEES. CHANCELLOR BLANK AND THE OVERLAPPING TRUSTEES OF MIR AND THE ORGANIZATION HAVE AN INFLUENTIAL ROLE AND SIGNIFICANT VOICE IN THE ORGANIZATION'S INVESTMENT POLICIES AND IN DIRECTING THE USE OF THE ORGANIZATION'S INCOME OR ASSETS. THE ORGANIZATION'S INVESTMENT POLICY IS DESIGNED TO PROVIDE STABLE SOURCES OF SUPPORT THAT ARE RESPONSIVE TO THE REQUESTS BY THE UNIVERSITY AND MIR FOR FUNDING TO SUPPORT THEIR RESEARCH AND OTHER PROGRAMS, BUILDING FACILITIES, AND OTHER NEEDS. PART IV, SECTION E, ITEM 1C: THE ORGANIZATION'S MISSION IS TO SUPPORT RESEARCH OF THE UNIVERSITY OF WISCONSIN-MADISON (UNIVERSITY), A GOVERNMENTAL ENTITY TO WHICH THE ORGANIZATION HAS DEVOTED A SUBSTANTIAL PORTION OF ITS ACTIVITIES AND IS RESPONSIVE, AND MORGRIDGE INSTITUTE FOR RESEARCH (MIR), WHICH WORKS CLOSELY WITH THE UNIVERSITY AND HAS BEEN SUPPORTED SINCE IT WAS ORGANIZED IN 2006, IN THEIR RESPECTIVE ROLES AS TWENTY-FIRST CENTURY LEADERS IN RESEARCH, DISCOVERY AND INNOVATION. THE ORGANIZATION PROVIDES NECESSARY TECHNOLOGY TRANSFER SERVICES TO THE UNIVERSITY AND MIR (INCLUDING WORKING WITH THE UNIVERSITY AND MIR RESEARCHERS IN THE INVENTION DISCLOSURE PROCESS, EVALUATING DISCLOSED INVENTIONS AND TECHNOLOGY FOR PATENTABILITY AND COMMERCIAL POTENTIAL, AND LICENSING PATENTS AND OTHER TECHNOLOGY DEVELOPED AT THE UNIVERSITY AND MIR, AND PROVIDING SUPPORT REGARDING AND/OR FULFILLING CERTAIN OBLIGATIONS RELATED TO THE BAYH-DOLE ACT) THAT WOULD OTHERWISE BE PERFORMED BY THESE ORGANIZATIONS. IT ALSO PROVIDES SUBSTANTIAL SERVICES TO UNIVERSITY-AFFILIATED ORGANIZATIONS WHICH ARE PERFORMED BY WARF EMPLOYEES IN AREAS SUCH AS HUMAN RESOURCES, INFORMATION TECHNOLOGY, LEGAL AND ACCOUNTING, AND WHICH WOULD OTHERWISE NORMALLY BE PERFORMED BY THE ORGANIZATIONS THEMSELVES. IN ADDITION, THE ORGANIZATION MAKES GRANTS TO OR FOR THE BENEFIT OF THE UNIVERSITY AND MIR THAT SUPPORT RESEARCH PROGRAMS, BUILDING FACILITIES, AND OTHER RESEARCH RELATED PRIORITIES OF THE SUPPORTED ORGANIZATIONS, SUCH AS RECRUITMENT AND RETENTION OF FACULTY AND TOP QUALITY GRADUATE STUDENTS. X 72000 72000 1502820001 1502892001 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 165504 62000 72625 72000 372129 250000 250000 250000 250000 1000000 1500000 23 6 56199 0 1999134 557639 51216629 11157255 0 0 15340740 15340740 142346557 34076923 108269634 1013777 902276 111501 24114911 22878401 1236510 124958385 MONEY MARKET FUNDS 688162671 F HEDGE FUNDS 1395401814 F FIXED INCOME 703727783 F INVESTMENT IN WARF STARTUP COMPANIES 25583256 C 2812875524 ROYALTIES PAYABLE 4638951 DUE TO BROKER 67622741 ACCRUED PENSION FUND 28594215 LITIGATION OUTCOME PAYABLE 31617498 TAX DEPOSIT DEFERRAL 118273 132591678 X 128824001 -117146656 -117146656 245970657 9051928 9051928 255022585 143397506 0 143397506 9051928 9051928 152449434 PART X, LINE 2: THE FOUNDATION AND WICELL HAVE BEEN GRANTED AN EXEMPTION FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNDER THIS EXEMPTION, INCOME TAX IS PAID ONLY ON NET UNRELATED BUSINESS INCOME. THE ORGANIZATIONS ARE ALSO EXEMPT FROM WISCONSIN INCOME AND REAL ESTATE TAX. THE ORGANIZATION FOLLOWS THE GUIDANCE RELATIVE TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). ANY TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ORGANIZATION FILES FORMS 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF WISCONSIN. PART XI, LINE 4B - OTHER ADJUSTMENTS: SHARED ROYALTIES NETTED AGAINST INCOME IN AUDIT 5,559,285. REIMBURSED EXPENSES FROM AFFILIATE NETTED AGAINST EXPENSES IN AUDIT 3,492,643. PART XII, LINE 4B - OTHER ADJUSTMENTS: SHARED ROYALTIES NETTED AGAINST EXPENSES IN AUDIT 5,559,285. REIMBURSED EXPENSES FROM AFFILIATE NETTED AGAINST EXPENSES IN AUDIT 3,492,643. 1 UNIVERSITY OF WISCONSIN - MADISON 1025 W JOHNSON ST MADISON WI 53706 396006492 115 83767995 SEE PROGRAM SERVICE ACCOMPLISHMENTS; FORM 990, PART III, LINE 4A MORGRIDGE INSTITUTE FOR RESEARCH 330 N ORCHARD ST MADISON WI 537151119 208325570 501(C)(3) 11800000 SEE PROGRAM SERVICE ACCOMPLISHMENTS; FORM 990, PART III, LINE 4B 2 PART I, LINE 2: 1) UW-MADISON - THE UNIVERSITY PROVIDES WARF WITH AN ANNUAL SUMMARY OF GRANT EXPENDITURES THAT DETAILS HOW THE GRANT FUNDS WERE SPENT FROM THE PREVIOUS YEAR. 2) MORGRIDGE INSTITUTE FOR RESEARCH AND WICELL - WARF HAS ACCESS TO THE FINANCIAL STATEMENTS OF THESE ORGANIZATIONS. WARF'S CEO SITS ON THE BOARD OF MORGRIDGE AND WARF'S CFO WORKS DIRECTLY WITH WICELL. A FEW OF WARF TRUSTEES ARE ALSO MORGRIDGE AND WICELL TRUSTEES. X X X X X 1 0 0 1 0 0 0 0 0 ERIK IVERSON TRUSTEE/CEO 483105 15000 159073 0 0 0 84018 0 43911 0 770107 15000 0 0 JOHN GRANSEE CFO/COO 289095 0 70110 0 0 0 109766 0 38053 0 507024 0 0 0 LEIGH CAGAN CTCO - UNTIL 3/1/2020 278716 0 86525 0 0 0 105204 0 30611 0 501056 0 0 0 MICHAEL FALK CHIEF IP AND LICENSING OFFICER 338583 0 79417 0 0 0 225082 0 38643 0 681725 0 0 0 MICHAEL PARTSCH CHIEF VENTURE OFFICER 304902 0 49290 0 0 0 62053 0 37144 0 453389 0 0 0 STEPHANIE ADAMANY GENERAL COUNSEL 259801 0 48204 0 0 0 165592 0 36058 0 509655 0 0 0 ALAIN HUNG DEPUTY CHIEF INVESTMENT OFFICER 363522 0 133165 0 0 0 202683 0 40492 0 739862 0 0 0 MICHAEL WAGNER INVESTMENT DIRECTOR 265164 0 114602 0 0 0 94937 0 37744 0 512447 0 0 0 JONATHAN YOUNG HEAD OF WARF THERAPEUTICS 217020 0 32134 0 0 0 63196 0 35467 0 347817 0 0 0 LAWRENCE PROSSER DIRECTOR OF FINANCE, INVESTMENTS 200492 0 63400 0 0 0 38913 0 43361 0 346166 0 0 0 ALYSSA THOENY SENIOR DIRECTOR, FINANCE 193080 0 34668 0 0 0 72340 0 34172 0 334260 0 0 0 CARRIE THOME FORMER CHIEF INVESTMENT OFFICER 780205 0 0 0 0 0 0 0 35767 0 815972 0 0 0 PART I, LINE 4A SEVERANCE PAYMENT: CARRIE THOME - $427,186 PART I, LINE 5 WARF'S INCENTIVE COMPENSATION/ACCRUAL IS CONTINGENT UPON WARF'S NET EARNINGS/PERFORMANCE METRICS FOR THE YEAR. FORM 990, PART VI, SECTION A, LINE 1 ERIK IVERSON, CEO, HAS SOME LIMITED VOTING RIGHTS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS INITIALLY REVIEWED AND APPROVED BY THE CFO, DIRECTOR OF FINANCE AND ACCOUNTING AND OTHER MEMBERS OF THE MANAGEMENT TEAM. AN ELECTRONIC COPY OF THE FINAL DRAFT VERSION OF THE FORM 990 IS SUBSEQUENTLY PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C WARF'S CEO AND GENERAL COUNSEL REQUIRES THAT THE TRUSTEES REVIEW THE CONFLICT OF INTEREST POLICY AND COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. WARF REVIEWS CONFLICT MATTERS AS DISCLOSED THROUGH THE ANNUAL DISCLOSURE AND ON A ROLLING BASIS AND CONSIDERS THEM IN THE MATTER PROSCRIBED IN ITS CONFLICT POLICY. A CONFLICT OF INTEREST COMMITTEE OF THE BOARD OF TRUSTEES ALSO MEETS AS APPROPRIATE TO CONSIDER CONFLICT SITUATIONS. ALL WARF EMPLOYEES SIGN A CONFLICT OF INTEREST AGREEMENT. FORM 990, PART VI, SECTION B, LINE 15 A) WARF RETAINS A NATIONAL INDEPENDENT HUMAN RESOURCES CONSULTING FIRM SPECIALIZING IN COMPENSATION ACTIVITIES TO REVIEW COMPENSATION FOR THE CEO AND SENIOR MANAGEMENT OF THE ORGANIZATION. THE CONSULTANT IS RETAINED BY AND REPORTS TO THE CHAIR OF THE COMPENSATION COMMITTEE. B) EVERY THIRD YEAR THE CONSULTANT PROVIDES COMPARATIVE COMPENSATION DATA TO THE COMPENSATION COMMITTEE. C) THE CHAIR OF THE COMPENSATION COMMITTEE AND BOARD CHAIR REVIEWS A WRITTEN SUMMARY OF EXECUTIVE ACCOMPLISHMENTS FOR THE FISCAL YEAR. THIS INFORMATION IS SHARED WITH THE COMPENSATION COMMITTEE AND WITH THE BOARD'S EXECUTIVE COMMITTEE. D) IN LATE APRIL OR EARLY MAY THE COMPENSATION COMMITTEE HOLDS A TELECONFERENCE TO DISCUSS THE GENERAL DIRECTION AND SCOPE/RANGE OF EXECUTIVE COMPENSATION. THE OUTSIDE CONSULTANT PARTICIPATES IN THE DISCUSSION EVERY THIRD YEAR. E) IN AUGUST, THE BOARD PRESIDENT AND THE CHAIR OF THE COMPENSATION COMMITTEE DISCUSS THE EXECUTIVE EVALUATION AND DETERMINE THE COMPENSATION ADJUSTMENT. F) THE COMPENSATION COMMITTEE REVIEWS THE RECOMMENDATION IN (E) ABOVE AND APPROVES FINAL COMPENSATION ADJUSTMENTS. G) THE CHAIR OF THE COMPENSATION COMMITTEE REVIEWS THE COMPENSATION ADJUSTMENTS WITH THE FULL BOARD AT THE FALL TRUSTEE MEETING. H) THE OUTSIDE CONSULTANT PROVIDES A LETTER TO THE CHAIR OF THE COMPENSATION COMMITTEE DESCRIBING THE CONSULTANT'S ROLE IN ESTABLISHING THE REBUTTABLE PRESUMPTION OF REASONABLENESS STANDARD UNDER THE INTERMEDIATE SANCTIONS REGULATIONS AND HOW THE CONSULTANT PROVIDED THE ANALYSIS TO DETERMINE THE REASONABLENESS OF THE EXECUTIVE COMPENSATION PACKAGE EVERY THIRD YEAR. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT MADE AVAILABLE. FORM 990, PART XI, LINE 9: EQUITY LOSS IN SUBSIDIARIES -443,079. CHANGE IN MINIMUM PENSION OBLIGATION -8,531,037. BOND PREMIUM WRITE-OFF 4,450,158. FORM 8621: FILING 8621 ON BEHALF OF WISCONSIN ALUMNI RESEARCH ORGANIZATION WISCONSIN ALUMNI RESEARCH FOUNDATION OWNS A STAKE IN THE FOLLOWING PARTNERSHIPS WHICH HAVE INDIRECT INVESTMENTS IN PASSIVE FOREIGN INVESTMENT COMPANIES (PFICS), AND HAVE FILED FORM 8621 ON BEHALF OF WISCONSIN ALUMNI RESEARCH FOUNDATION: SIGULAR GUFF BRIC OPPORTUNITIES FUND, LP SIGULAR GUFF BRIC OPPORTUNITIES FUND II, LP 5AM VENTURES V, LP AQR STYLE PREMIA FUND, LP WARF PROPERTIES LLC 614 WALNUT STREET 13TH FLOOR MADISON WI 53726 203521556 HOLDING REAL ESTATE WI WISCONSIN ALUMNI RESEARCH FOUNDATION TOWN CENTER DINING LLC 614 WALNUT STREET 13TH FLOOR MADISON WI 53726 272845458 EVENT COORDINATOR WI MORGRIDGE INSTITUTE FOR RESEARCH 330 N ORCHARD ST MADISON WI 537151119 208325570 RESEARCH WI 501(C)(3) LINE 4 0 WICELL RESEARCH INSTITUTE INC 614 WALNUT STREET 13TH FLOOR MADISON WI 53726 391972235 RESEARCH WI 501(C)(3) LINE 7 WISCONSIN ALUMNI RESEARCH FOUNDATION 0 UNIVERSITY OF WISCONSIN-MADISON 1025 W JOHNSON ST MADISON WI 53706 396006492 EDUCATION WI 115 LINE 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0