2023-10-03T14:02:51-05:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-01-01 411426406 MINNEAPOLIS HEART INSTITUTE FOUNDATION MINN 6128633833 920 E 28TH STREET 100 MINNEAPOLIS MN 554071191 CHARLES ZAUGG CHIEF FINANCIAL OFFICER 6128633833 2023-10-02 1 CHARLES ZAUGG 999009999 0 MACKENZIE MCNAUGHTON P02025805 6123764500 2023-10-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHARLES ZAUGG 920 E 28TH STREET 100 MINNEAPOLIS MN 554071191 27018830 0 X WWW.MPLSHEART.ORG X 1982 MN TO IMPROVE THE CARDIOVASCULAR HEALTH OF INDIVIDUALS AND COMMUNITIES THROUGH RESEARCH & EDUCATION. 32 32 124 1737 0 0 10729875 17801434 5601622 5409134 2066509 1730486 -43502 -1285114 18354504 23655940 130445 85045 0 0 8634764 9939930 72000 15702 1572689 4347908 4767577 13185117 14808254 5169387 8847686 57104019 71060713 3373539 14935609 53730480 56125104 X THE MISSION OF THE MINNEAPOLIS HEART INSTITUTE FOUNDATION IS TO IMPROVE THE CARDIOVASCULAR HEALTH OF INDIVIDUALS AND COMMUNITIES THROUGH INNOVATIVE RESEARCH AND EDUCATION. 0 0 9565510 85045 5315084 RESEARCHMHIF HAS A 41-YEAR HISTORY OF WORLD-CLASS CARDIOVASCULAR RESEARCH AND EDUCATION THAT HAS PROVEN ITS POSITIVE IMPACT ON THE STANDARD OF CARE FOR PATIENTS AROUND THE WORLD. IN 2022, MHIF ENROLLED MORE THAN 350 NEW PATIENTS AND AT ANY GIVEN TIME HAS MORE THAN 220 STUDIES ACROSS ALL AREAS OF CARDIOVASCULAR MEDICINE. MANY PATIENTS HAVE HOPE THROUGH OPTIONS THAT MAY ONLY BE AVAILABLE AS PART OF RESEARCH. THE TEAM ALSO ACCOMPLISHED A RECORD HIGH OF MORE THAN 500 PUBLICATIONS, ABSTRACTS, PODIUM PRESENTATIONS AND INVITED TALKS AT INTERNATIONAL CONFERENCES ALL SHARING LEARNINGS FROM MHIF'S LIFESAVING CARDIOVASCULAR RESEARCH. MHIF RESEARCH CONTINUES TO CROSS ALL PRACTICE AREAS OF CARDIOVASCULAR MEDICINE AND CARE. A FEW HIGHLIGHTS RELATED TO OUR IMPACT IN 2022: -350+ NEW PATIENTS ENROLLED IN RESEARCH -3,000 VISITS WITH PATIENTS WHO HAVE HOPE AND OPTIONS THROUGH RESEARCH STUDIES-34,000+ DOWNLOADS OF A NEW SUITE OF MHIF DIGITAL APPLICATIONS SHARING RESEARCH LEARNINGS WITH PHYSICIANS AROUND THE WORLD-$25 MILLION IN PHILANTHROPIC SUPPORT, INCLUDING A TRANSFORMATIONAL GIFT TO NAME THE JOSEPH F. NOVOGRATZ FAMILY HEART RHYTHM CENTER-8 MHIF INTERNATIONAL SCHOLARS CONTRIBUTED TO ADVANCING RESEARCH-EARNED TOP ENROLLER RECOGNITION IN SEVERAL CLINICAL RESEARCH TRIALS FOR NEW TECHNOLOGIES-EXPANDED MHIF RESEARCH TO UNITED HOSPITAL, WELCOMING NEW PHYSICIAN PARTNERS AND REACHING NEW PATIENTS WITH RESEARCH OPTIONS-NAMED THE VAN TASSEL INNOVATION CENTER TO FUND MHIF-DESIGNED RESEARCH STUDIES TO IMPROVE CARE FOR ALL PATIENTS-FORMED NEW RELATIONSHIPS IN THE COMMUNITY TO CONTRIBUTE TO CHANGE AROUND HEALTH EQUITY AND ACCESS TO CARE 410576 0 94050 EDUCATIONEQUAL TO OUR COMMITMENT TO RESEARCH IS OUR DEDICATION TO SHARE THE LEARNINGS FROM RESEARCH THROUGH EDUCATION, ALLOWING FOR LOCAL, NATIONAL AND INTERNATIONAL IMPACT AS WE CHALLENGE AND ADVANCE THE STANDARD OF CARE FOR ALL PATIENTS. MHIF PROUDLY SHARED THE DETAILS OF OUR RESEARCH THROUGH 144 PRESENTATIONS OR INVITED TALKS, AND 79 ABSTRACTS PUBLISHED AT NATIONAL AND INTERNATIONAL CONFERENCES. WE PUBLISHED 258 MANUSCRIPTS, SHARING LEARNINGS FROM WORLD-CLASS CARDIOVASCULAR RESEARCH IN LEADING JOURNALS. WE ALSO OFFERED VARIOUS PUBLIC AND PROFESSIONAL EVENTS (MANY OF WHICH WERE STILL VIRTUAL) TO INCREASE AWARENESS, UNDERSTANDING AND MANAGEMENT OF VARIOUS HEART CONDITIONS. MANY OF OUR EVENTS ATTRACTED PARTICIPANTS FROM AROUND THE WORLD.OUR CARDIOVASCULAR GRAND ROUNDS PROGRAM ENSURES ATTENDEES ARE WELL-VERSED IN THE LATEST RESEARCH OUTCOMES AND EVIDENCE-BASED GUIDELINES. THROUGH 29 SESSIONS FEATURING 47 UNIQUE SPEAKERS, MHIF PROVIDED PROFESSIONAL EDUCATION TO MORE THAN 2,700 HEALTH CARE PROFESSIONALS. THESE ACCREDITED EDUCATION ACTIVITIES PROVIDE PHYSICIANS AND OTHER HEALTH CARE PROVIDERS THE OPPORTUNITY TO REVIEW AND DISCUSS THE LATEST DEVELOPMENTS IN CARDIOVASCULAR CARE EVERY MONDAY MORNING DURING OUR GRAND ROUNDS SEASON (SEPTEMBER MAY).IN 2022, MHIF CELEBRATED THE 20TH ANNIVERSARY OF THE LAUNCH OF THE CLINICAL RESEARCH INTERNSHIP PROGRAM. 11 INTERNS FROM AROUND THE COUNTRY CONTRIBUTED TO 13 DIFFERENT GROUNDBREAKING RESEARCH PROJECTS. MADE POSSIBLE BY THE GENEROUS CONTRIBUTIONS OF INDIVIDUAL DONORS, MHIF OFFERS ONE OF THE MOST OUTSTANDING AND UNIQUE INTERNSHIP OPPORTUNITIES AVAILABLE TO UNDERGRADUATES WHO ARE PRE-MED OR PLANNING A CAREER IN MEDICINE. THIS UNIQUE EDUCATIONAL EXPERIENCE INCLUDES BEING PAIRED WITH A PHYSICIAN MENTOR WHO GUIDES INTERNS THROUGH THE FACILITATION OF A RESEARCH PROJECT, HOSPITAL OBSERVATIONS, ENGAGING FIELD TRIPS, LUNCH AND LEARN PRESENTATIONS, SHOWCASING THEIR RESEARCH WORK AT AN OPEN HOUSE AND POSTER SESSION AND MUCH MORE. MANY RESEARCH PROJECTS RESULT IN THE INTERN HAVING THE OPPORTUNITY TO BE AN AUTHOR ON AN ARTICLE PUBLISHED IN A NATIONAL SCIENTIFIC JOURNAL. SOME INTERNS ALSO HAVE THE OPPORTUNITY TO PRESENT THEIR WORK AT A NATIONAL CARDIOVASCULAR CONFERENCE.DURING THE PAST 20 YEARS, 225 CLINICAL RESEARCH INTERNS HAVE CONTRIBUTED TO 205 POSTERS AND PRESENTATIONS AT NATIONAL SCIENTIFIC SESSIONS, 197 PUBLICATIONS IN PEER-REVIEWED JOURNALS, AND 55% OF FORMER INTERNS ARE NOW PRACTICING PHYSICIANS. 9976086 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 1 1 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 40 0 1 124 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC ND OR PA RI SC TN UT VA WV WI DC X X X CHARLES ZAUGG 6128633833 920 E 28TH ST MINNEAPOLIS MN 55407 X RAYMOND YU EDD SECRETARY 1.00 X X 0 0 0 JEFFREY STEINLE CHAIR 4.00 X X 0 0 0 THOMAS GUNDERSON PAST CHAIR 5.00 X X 0 0 0 GREG GRAVES TREASURER 1.00 X X 0 0 0 JASON ALEXANDER MD DIRECTOR 1.00 X 0 0 0 LEE AROSTEGUI DIRECTOR 1.00 X 0 0 0 BEN BACHE-WIIG MD DIRECTOR 1.00 X 0 0 0 MOSI BENNETT MD DIRECTOR 1.00 X 0 0 0 CRAIG BENTDAHL DIRECTOR 1.00 X 0 0 0 KRISTEN BOWLDS DIRECTOR 5.00 X 0 0 0 CONLEY BROOKS JR DIRECTOR 1.00 X 0 0 0 JULEEN CHRISTOPHER DIRECTOR 1.00 X 0 0 0 SARA CRIGER DIRECTOR 1.00 X 0 0 0 LARRY GETLIN DIRECTOR 1.00 X 0 0 0 SHARON HAWKINS DIRECTOR 1.00 X 0 0 0 DAVID HURRELL MD DIRECTOR 3.00 X 0 0 0 CAROL HUTTNER DIRECTOR 2.00 X 0 0 0 JERRY JOHNSON DIRECTOR 2.00 X 0 0 0 WILLIAM KATSIYIANNIS MD DIRECTOR 1.00 X 0 0 0 JIM KING DIRECTOR 2.00 X 0 0 0 GINNY KIRBY DIRECTOR 1.00 X 0 0 0 PATRICE KLOSS DIRECTOR 1.00 X 0 0 0 RICHARD MEYER DIRECTOR 1.00 X 0 0 0 LORI MILBRANDT DIRECTOR 4.00 X 0 0 0 MARC NEWELL MD DIRECTOR 4.00 X 0 0 0 HUGH NIERENGARTEN JD DIRECTOR 2.00 X 0 0 0 MICHAEL PETERSON MD DIRECTOR 1.00 X 0 0 0 CHERI ROLNICK PHD DIRECTOR 1.00 X 0 0 0 RETU SAXENA MD DIRECTOR 1.00 X 0 0 0 SCOTT SHARKEY MD DIRECTOR 1.00 X 0 0 0 BENJAMIN SUN MD DIRECTOR 1.00 X 0 0 0 JAY TRAVERSE MD DIRECTOR 10.00 X 0 0 0 ARIEL JOHNSON PHD DIRECTOR 1.00 X 0 0 0 BOBBY STEFFEN MD DIRECTOR 1.00 X 0 0 0 BREE WILLIAMSON DIRECTOR 1.00 X 0 0 0 JOSEPH SCHWARTZ DIRECTOR 2.50 X 0 0 0 KRISTINE FORTMAN CHIEF EXECUTIVE OFFICER 40.00 X 446698 0 168962 CHARLES ZAUGG CHIEF FINANCIAL OFFICER 40.00 X 188804 0 73253 ROSS GARBERICH DIRECTOR OF SCIENTIFIC 40.00 X 175035 0 59574 LISA TINDELL VICE PRESIDENT - RESEARCH 40.00 X 178772 0 77503 JESSE HICKS VICE PRESIDENT-ADVANCEMENT 40.00 X 230941 0 84083 TAMARA O'BLACK SENIOR DIRECTOR, QUALITY 40.00 X 180495 0 59469 JANET DICK CHIEF TALENT AND STRATEGY 40.00 X 181875 0 58629 KRISTIN LAMBRECHT PROGRAM DIRECTOR - VALVE SCIENCE CENTER 40.00 X 185578 0 44389 BAVANA RANGAN PROGRAM DIRECTOR - CCAD 40.00 X 171840 0 28477 LARISSA STANBERRY PROGRAM DIRECTOR - IIR & DATA SCIENCE 40.00 X 159923 0 29366 2099961 0 683705 20 0 1 0 POINT FORWARD COMMUNICATIONS 7701 NARCISSUS LANE N MAPLE GROVE MN 55311 MARKETING SERVICES 180000 1 13217 306820 17481397 176442 17801434 RESEARCH STUDY REVENUE 541900 4998558 4998558 MISC PROGRAM REVENUE 541900 410576 410576 5409134 838820 838820 2879500 1987834 891666 891666 891666 89942 306820 1375056 -1285114 -1285114 23655940 5409134 0 445372 X 11750 11750 73295 73295 1474190 440593 716106 317491 6934492 5247832 1027780 658880 418968 319752 48759 50457 622576 510689 45503 66384 489704 352400 85002 52302 70959 32659 21347 16953 49044 11356 37688 15702 15702 83799 83799 1976409 1483908 433985 58516 5490 2544 2946 323163 197608 14439 111116 324472 18834 304141 1497 756287 588944 106509 60834 415104 236997 79387 98720 316457 252625 37296 26536 120741 72231 48510 MISCELLANEOUS 166360 21397 113215 31748 EMPLOYEE SEMINAR FEES 71090 56633 11152 3305 EQUIPMENT/MAINTENANCE 22727 19888 1691 1148 COMMUNITY RELATIONS 14932 603 13279 1050 50543 23548 26945 50 14808254 9976086 3259479 1572689 908865 1272959 10216007 9598276 7496593 14799346 2927293 2940880 281296 277423 3049966 1583488 1767450 1466478 32583703 26649845 922812 2559101 0 11496405 57104019 71060713 2023298 2248874 401948 256856 948293 12429879 3373539 14935609 X 12844788 12366174 40885692 43758930 53730480 56125104 57104019 71060713 8847686 -6453062 0 X 0 1 X 1 0 X ABBOTT NORTHWESTERN HOSPITAL MINNEAPOLIS MN 6677838 11498816 13732545 10729875 17801434 60440508 6677838 11498816 13732545 10729875 17801434 60440508 21974243 38466265 787077 683142 655272 941514 838820 3905825 64346333 26423985 0.59780 0.65140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23720058 4811688 -3433065 833217 24265464 21900155 21827 2568161 770085 23720058 19894833 20000 2720319 734998 21900155 16808398 20000 3776792 710357 19894833 18697836 19900 -1225590 683748 16808398 0.00000 0.74026 0.25974 0 0 1724621 581744 1142877 1325345 1001744 323601 1466478 RIGHT OF USE ASSET, NET 11496405 11496405 LEASE LIABILITY 12429879 12429879 X 17119079 -6453062 -6453062 23572141 83799 83799 23655940 14724455 0 14724455 83799 83799 14808254 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS ARE USED FOR EDUCATION, CARDIOLOGY RESEARCH, CARDIAC SURGERY RESEARCH AND TO SUPPORT RESEARCH CHAIRS AND PHYSICIAN RESEARCH. PART X, LINE 2: THE FOUNDATION HAS RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE INDICATING IT IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) AND IS NOT A PRIVATE FOUNDATION UNDER SECTIONS 509(A)(1) AND 170(B)(1)(A)(III) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS ALSO EXEMPT FROM MINNESOTA INCOME TAXES UNDER MINNESOTA STATUTE CHAPTER 290.05. THE FOUNDATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ONLY ON ANY UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 511 OF THE INTERNAL REVENUE CODE. THE FOUNDATION FOLLOWS ACCOUNTING STANDARDS FOR UNCERTAIN TAX POSITIONS AND FILES AS A TAX-EXEMPT ORGANIZATION. THE FOUNDATION HAS NO UNCERTAIN INCOME TAX POSITIONS AND NO LIABILITY HAS BEEN RECOGNIZED BY THE FOUNDATION UNDER THIS STANDARD. 1 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS N/A 53295 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS N/A 20000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 1605869 0 0 0 0 0 0 1679164 0 1679164 SUB-SAHARAN AFRICA TO ESTABLISH A RHD TRAINING CENTER 28295 WIRE TRANSFER 0 NA NA SUB-SAHARAN AFRICA TO ESTABLISH A RHD TRAINING CENTER 25000 WIRE TRANSFER 0 NA NA 0 2 WIRE TRANSFER SOUTH ASIA 4 20000 WIRE TRANSFER NA NA 1 0 0 0 0 0 PART I, LINE 2: THE FOUNDATION MONITORS THE USE OF THESE INTERNATIONAL GRANTS BY REQUESTING AND RECEIVING SIGNED LETTERS FROM GRANTEE ORGANIZATIONS ATTESTING TO THE APPROPRIATE USE OF THESE FUNDS. ADDITIONAL DUE DILIGENCE INCLUDES FOLLOWING THE GUIDELINES REGARDING BEST PRACTICES PUBLISHED BY THE DEPARTMENT OF THE TREASURY. PART I, LINE 3: THE ACCRUAL METHOD OF ACCOUNTING IS USED TO ACCOUNT FOR EXPENDITURES. PART III ACCOUNTING METHOD: X X X X X X X 1 KATHRYN RIEBE 3524 ELMWOOD PLACE MINNETONKA MN 55345 EVENTS 0 396762 15702 381060 396762 15702 381060 AL AR FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC ND OR PA RI SC TN UT VA WV WI DC HEART 360 CONCERT FOR A CAUSE 375310 286250 89060 85030 96865 585000 550581 HOPE HEALTH & HUMOR 21452 20570 882 5000 33451 19129 396762 306820 89942 90030 130316 585000 569710 1375056 -1285114 0 AMERICAN HEART ASSOCIATION 7272 GREENVILLE AVENUE DALLAS TX 75231 135613797 501(C)3 6250 0 NA NA TABLE SPONSORSHIP AT ANNUAL HEART BALL GALA 1 0 1 X X X X 0 1 0 0 0 0 0 0 0 KRISTINE FORTMAN CHIEF EXECUTIVE OFFICER 360794 0 85766 0 138 0 168458 0 504 0 615660 0 85766 0 JESSE HICKS VICE PRESIDENT-ADVANCEMENT 195895 0 34956 0 90 0 84083 0 0 0 315024 0 34956 0 CHARLES ZAUGG CHIEF FINANCIAL OFFICER 171433 0 17113 0 258 0 51111 0 22142 0 262057 0 17113 0 LISA TINDELL VICE PRESIDENT - RESEARCH 162700 0 15934 0 138 0 64499 0 13004 0 256275 0 15934 0 JANET DICK CHIEF TALENT AND STRATEGY 165712 0 15934 0 229 0 47591 0 11038 0 240504 0 15934 0 TAMARA O'BLACK SENIOR DIRECTOR, QUALITY 164705 0 15652 0 138 0 47606 0 11863 0 239964 0 15652 0 ROSS GARBERICH DIRECTOR OF SCIENTIFIC 159981 0 15000 0 54 0 46361 0 13213 0 234609 0 15000 0 KRISTIN LAMBRECHT PROGRAM DIRECTOR - VALVE SCIENCE CEN 166988 0 18500 0 90 0 31176 0 13213 0 229967 0 18500 0 BAVANA RANGAN PROGRAM DIRECTOR - CCAD 156556 0 15224 0 60 0 28477 0 0 0 200317 0 15224 0 LARISSA STANBERRY PROGRAM DIRECTOR - IIR & DATA SCIENC 159833 0 0 0 90 0 28038 0 1328 0 189289 0 0 0 PART I, LINE 4B PARTICIPANTS IN A 457(F) PLAN INCLUDE THE FOLLOWING INDIVIDUALS: KRISTINE FORTMAN, CHARLES ZAUGG, TAMARA O'BLACK, JESSE HICKS, ROSS GARBERICH, LISA TINDELL, AND JANET DICK. TOTAL AMOUNTS CONTRIBUTED TO THE PLAN IN 2022 WERE AS FOLLOWS: KRISTINE FORTMAN: $54,594 CHARLES ZAUGG: $18,155 TAMARA O'BLACK: $16,606 JESSE HICKS: $20,000 ROSS GARBERICH: $16,481 LISA TINDELL: $16,905 JANET DICK: $16,904 NO FUNDS WERE DISTRIBUTED FROM THE 457(F) PLAN IN 2022. PART II, COLUMN (E): TOTAL AMOUNTS IN COLUMN (E) WILL ALWAYS BE HIGHER THAN ACTUAL COMPENSATION EARNED IN ANY GIVEN YEAR SINCE COLUMN (E) WILL ALWAYS INCLUDE THE PRIOR YEAR ACCRUED BONUS & INCENTIVE COMPENSATION. X 11 176442 MARKET VALUE AT TRADE 0 0 1 0 PART I, LINE 9 COLUMN (B) REPORTS THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 1A THE FOUNDATION'S EXECUTIVE COMMITTEE CONSISTS OF THE BOARD OFFICERS, CHAIRS OF EACH COMMITTEE OF THE BOARD AND ANY OTHER SUCH MEMBERS AS DIRECTED BY THE CHAIR. THE CHAIR OF THE BOARD SHALL BE THE CHAIR OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE HAS ALL THE POWERS OF THE BOARD BETWEEN MEETINGS OF THE BOARD, EXCEPT THAT IT SHALL NOT HAVE THE POWER TO FILL VACANCIES OF ITS OWN MEMBERSHIP NOR VACANCIES IN THE MEMBERSHIP OF THE BOARD OF DIRECTORS, THE POWER TO FILL SUCH VACANCIES BEING VESTED IN THE BOARD. IN ADDITION, UNLESS OTHERWISE DIRECTED BY THE BOARD, THE EXECUTIVE COMMITTEE SHALL FUNCTION AS THE PERSONNEL, FINANCE AND AUDIT COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE FORM 990 IS REVIEWED BY THE FINANCE AND AUDIT COMMITTEE WHO THEN PASSES IT ALONG TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS IN ADVANCE OF THE EXECUTIVE MEETING WHERE ACTION IS TAKEN TO APPROVE OR MODIFY THE FORM 990. UPON APPROVAL, THE FORM 990 IS FILED WITH GOVERNMENT AGENCIES. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, MANAGEMENT, PHYSICIANS AND EMPLOYEES CONDUCTING RESEARCH ARE COVERED BY THE CONFLICT OF INTEREST POLICY. CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE RETURNED TO THE CEO OR CFO ANNUALLY. THE CFO AND CEO REVIEW EACH DISCLOSURE STATEMENT AND CONFER WITH THE BOARD CHAIR TO ADDRESS ANY CONFLICTS. THOSE INDIVIDUALS WITH CONFLICTS ARE EXCUSED FROM THE PORTION OF ANY MEETING WHERE A DECISION IS MADE REGARDING A TRANSACTION THAT GIVES RISE TO THE CONFLICT. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 A SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE FOR THE CEO AND EXECUTIVE TEAM (VP OF ADVANCEMENT, MARKETING, AND COMMUNICATIONS; CHIEF TALENT, EDUCATION AND STRATEGY OFFICER; CHIEF FINANCIAL OFFICER; VP, CLINICAL RESEARCH OPERATIONS; SENIOR DIRECTOR, COMPLIANCE, QUALITY & REGULATORY AFFAIRS). EXECUTIVE COMMITTEE OBTAINS COMPARABLE COMPENSATION DATA FROM SURVEYS AND/OR CONSULTANTS TO ASSIST THEM IN THEIR DELIBERATIONS. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE INDEPENDENT OF THE CEO AND EXECUTIVE TEAM. THE DELIBERATION AND DECISION PROCESS IS CONTEMPORANEOUSLY SUBSTANTIATED IN THE EXECUTIVE COMMITTEE MEETING MINUTES. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2022. COMPENSATION PACKAGES FOR THE EXECUTIVE TEAM WERE DETERMINED THROUGH A COMBINATION OF PERFORMANCE REVIEWS, COMPARABILITY DATA FROM AN OUTSIDE CONSULTANT, AND THROUGH DISCUSSIONS WITH THE CHIEF TALENT, EDUCATION AND STRATEGY OFFICER, THE CEO, AND EXECUTIVE COMMITTEE. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE FOUNDATION'S OFFICES. IF REQUESTED, COPIES ARE AVAILABLE BY MAIL. THE AUDITED FINANCIAL STATEMENTS AND ANNUAL REPORT ARE AVAILABLE ON THE FOUNDATION'S WEBSITE. THE FORM 990 AND ALL ACCOMPANYING SCHEDULES ARE AVAILABLE ON-LINE THROUGH GUIDESTAR OR UPON REQUEST. FORM 990, PART VII, SECTION (A) THE AMOUNT IN COLUMN (F) WILL ALWAYS BE HIGHER THAN ACTUAL OTHER COMPENSATION EARNED IN ANY GIVEN YEAR SINCE COLUMN (F) WILL ALWAYS INCLUDE THE PRIOR YEAR ACCRUED BONUS & INCENTIVE COMPENSATION. FORM 990, PART IX, LINE 11G RESEARCH STUDY - IRB FEES: PROGRAM SERVICE EXPENSES 208,445. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 208,445. MEDICAL CONSULTING/TESTING FEES: PROGRAM SERVICE EXPENSES 366,289. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 366,289. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 909,174. MANAGEMENT AND GENERAL EXPENSES 234,565. FUNDRAISING EXPENSES 57,741. TOTAL EXPENSES 1,201,480. MARKETING CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 199,420. FUNDRAISING EXPENSES 775. TOTAL EXPENSES 200,195.