2023-11-06T15:19:11-06:00 2022-12-31 911194016 CLARK NUBER PS 10900 NE 4TH ST STE 1400 BELLEVUE WA 98004 990 2022-01-01 912155317 ALLEN INSTITUTE ALLE 2065487000 615 WESTLAKE AVENUE NORTH SEATTLE WA 98109 MARJORIE THOMAS VICE PRESIDENT & TREASURER 2065487000 2023-11-04 1 MARJORIE THOMAS 999009999 0 MEGAN R RYAN P00737884 4254544919 2023-11-04 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RUI COSTA 615 WESTLAKE AVENUE NORTH SEATTLE WA 98109 219617547 0 X WWW.ALLENINSTITUTE.ORG X 2003 WA THE MISSION OF THE ALLEN INSTITUTE IS TO UNLOCK THE COMPLEXITIES (SEE SCHEDULE O) OF BIOSCIENCE AND ADVANCE OUR KNOWLEDGE TO IMPROVE HUMAN HEALTH. USING AN OPEN SCIENCE, MULTI-SCALE, TEAM-ORIENTED APPROACH. THE ALLEN INSTITUTE FOCUSES ON ACCELERATING FOUNDATIONAL RESEARCH, DEVELOPING STANDARDS AND MODELS, AND CULTIVATING NEW IDEAS TO MAKE A BROAD, TRANSFORMATIONAL IMPACT ON SCIENCE. 12 11 791 11 0 0 182462148 181135051 499270 543057 1806704 1906826 3611040 660287 188379162 184245221 9053348 8327107 0 0 75268155 93334982 0 0 0 68978841 75336559 153300344 176998648 35078818 7246573 190069466 317650465 15966385 138290999 174103081 179359466 X THE MISSION OF THE ALLEN INSTITUTE IS TO UNLOCK THE COMPLEXITIES OF BIOSCIENCE AND ADVANCE OUR KNOWLEDGE TO IMPROVE HUMAN HEALTH. USING AN OPEN SCIENCE, MULTI-SCALE, TEAM-ORIENTED APPROACH. THE ALLEN INSTITUTE FOCUSES ON ACCELERATING FOUNDATIONAL RESEARCH, (SEE SCHEDULE O) DEVELOPING STANDARDS AND MODELS, AND CULTIVATING NEW IDEAS TO MAKE A BROAD, TRANSFORMATIONAL IMPACT ON SCIENCE. 0 0 142775707 8327107 543057 THE ALLEN INSTITUTE IS DEDICATED TO ANSWERING SOME OF THE BIGGEST QUESTIONS IN BIOSCIENCE AND ACCELERATING RESEARCH WORLDWIDE. THE INSTITUTE IS A RECOGNIZED LEADER IN LARGE-SCALE RESEARCH WITH A COMMITMENT TO AN OPEN SCIENCE MODEL. THROUGH PUBLICLY AVAILABLE KNOWLEDGE, DATA, MODELS, TOOLS, AND REAGENTS, THE INSTITUTE CATALYZES SCIENTIFIC DISCOVERY AND NURTURES MEDICAL BREAKTHROUGHS. 142775707 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 227 0 1 791 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AR CA CT FL GA IL KS KY MD MA MI MN MS NJ NM NY NC OK OR PA RI SC TN UT VA WA WV WI X MARJORIE THOMAS 2065487000 615 WESTLAKE AVENUE NORTH SEATTLE WA 98109 ALLEN JO LYNN DIRECTOR 2.00 X 0 0 0 ISRAEL ALLEN D DIRECTOR 2.00 X 0 0 0 HALL STEPHEN DIRECTOR 2.00 X 0 0 0 BROWN NATHANIEL DIRECTOR 2.00 X 0 0 0 DANIEL THOMAS DIRECTOR 2.00 X 0 0 0 STRYKER MICHAEL DIRECTOR 2.00 X 1000 0 0 ANDERSON MARGARET DIRECTOR 2.00 X 0 0 0 CAMPBELL PHYLLIS DIRECTOR 2.00 X 0 0 0 LOCKE GARY DIRECTOR 2.00 X 0 0 0 CHARO ALTO DIRECTOR 2.00 X 0 0 0 DEWBERRY CARLA DIRECTOR 2.00 X 0 0 0 JONES ALLAN DIRECTOR, PRESIDENT 40.00 X X 450464 0 11037 COSTA RUI PRESIDENT, CEO 40.00 X 595785 0 34910 THOMAS MARJORIE VP, TREASURER, CFO 40.00 X 715513 0 21108 MCCLELLAN MARGARET VICE PRESIDENT, SECRETARY 40.00 X 461767 0 30204 BEAUDOIN CHRISTOPHER VICE PRESIDENT, COO 40.00 X 49038 0 4482 ZENG HONGKUI EXECUTIVE VP, DIR. BRAIN SCIENCE 40.00 X 539972 0 26649 KOCH CHRISTOF CHIEF SCIENTIST 40.00 X 479544 0 19771 REID ROBERT C SENIOR INVESTIGATOR 40.00 X 423033 0 33584 RICHMOND KATHRYN EXECUTIVE VP, DIR. FRONTIERS 40.00 X 451573 0 24677 SVOBODA KAREL EXECUTIVE VP, DIR. NEURAL DYNAMICS 40.00 X 617256 0 28389 BUMOL THOMAS EXECUTIVE VP, DIR. IMMUNOLOGY 40.00 X 421018 0 20749 5205963 0 255560 320 0 1 0 SEQMATIC LLC 44846 OSGOOD ROAD FREMONT CA 94539 NEXT GENERATION SEQUENCING SERVICES 1640037 GENERAL DATATECH LP 990 METRO MEDIA PL DALLAS TX 75247 CLOUD AND DATA CENTER SOLUTION SERVICES 1217479 VACO LLC 5501 VIRGINIA WAY BRENTWOOD TN 37027 STAFF AGENCY FOR TECH/ENG. CONTRACTORS 555282 MESCO SCALE DIAGNOSTICS 1601 RESEARCH BOULEVARD ROCKVILLE MD 20850 DEVELOP AND MANUFACTURE INSTRUMENTS 383205 ARCLIGHT CONSULTING LLC 345 WEST CUMMINGS PARK WOBURN MA 01803 CONSULTING SERVICES FOR ORACLE 377491 7 54379579 126755472 241995 181135051 SERVICE INCOME 611600 389473 389473 MATERIAL TRANSFER 541700 153584 153584 543057 2548152 2548152 481622 481622 34626000 105000 35336355 35971 -710355 69029 -641326 -641326 REIMBURSEMENTS 900099 176986 176986 1679 1679 178665 184245221 543057 0 2567113 X 7051708 7051708 1275399 1275399 2374307 2374307 73481872 59787861 13694011 4078247 3215110 863137 7888096 6218412 1669684 5512460 4350612 1161848 579058 163647 415411 203118 203118 180000 180000 19795085 15191777 4603308 132158 118027 14131 7868223 4407381 3460842 145293 145293 19432429 16356887 3075542 1276794 755020 521774 824865 644291 180574 3463 3463 10450086 9324240 1125846 LABORATORY SUPPLIES 13425857 13425857 RECRUITING 221006 132533 88473 799124 356945 442179 176998648 142775707 34222941 0 4226896 8771793 59881984 53722101 4335791 12365029 1752065 2211584 0 570000 384587 405139 3991143 4683455 144993989 81156224 64421929 63837765 51075071 50037568 0 121046031 190069466 317650465 15637248 16795886 271142 442669 57995 121052444 15966385 138290999 X 173100420 175975451 1002661 3384015 174103081 179359466 190069466 317650465 7246573 -1990188 0 X 0 1 X 1 1 1 X UNIVERSITY OF WASHINGTON SCHOOL OF MEDICINE SEATTLE WA RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 180000 180000 176818648 176998648 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 160635 180000 180000 180000 700635 250000 250000 250000 250000 1000000 1500000 66997644 23352106 43645538 74348464 57804118 16544346 3647881 3647881 63837765 ROU LEASE ASSETS 121046031 121046031 LONG TERM LEASE PAYMENTS 121052444 121052444 182256000 -1990188 -1990188 184246188 -967 -967 184245221 177001000 0 177001000 -2352 -2352 176998648 PART XI, LINE 4B - OTHER ADJUSTMENTS: AUDITED FINANCIAL STMT. ROUNDING ADJUSTMENT -967. PART XII, LINE 4B - OTHER ADJUSTMENTS: AUDITED FINANCIAL STMT. ROUNDING ADJUSTMENT -2,352. 1 EAST ASIA AND THE PACIFIC 0 21 PROGRAM SERVICES RESEARCH 353642 EUROPE (INCLUDING ICELAND & GREENLAND) 0 79 PROGRAM SERVICES RESEARCH 2531016 MIDDLE EAST AND NORTH AFRICA 0 6 PROGRAM SERVICES RESEARCH 8404 RUSSIA AND NEIGHBORING STATES 0 1 PROGRAM SERVICES RESEARCH 3965 NORTH AMERICA 0 22 PROGRAM SERVICES RESEARCH 150482 SOUTH AMERICA 0 2 PROGRAM SERVICES RESEARCH 1750 SOUTH ASIA 0 3 PROGRAM SERVICES RESEARCH 23108 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES SEND AGENTS TO SEMINAR 127048 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES SEND AGENTS TO SEMINAR 2530 NORTH AMERICA 0 0 PROGRAM SERVICES SEND AGENTS TO SEMINAR 1327 SOUTH AMERICA 0 0 PROGRAM SERVICES SEND AGENTS TO SEMINAR 11945 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION N/A 988110 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION N/A 50561 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION N/A 236728 0 134 0 0 0 134 3199415 1291201 4490616 MIDDLE EAST AND NORTH AFRICA RESEARCH 50561 WIRE 0 EAST ASIA AND THE PACIFIC RESEARCH 236728 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 567339 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 105685 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 160176 WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) RESEARCH 150097 WIRE 0 0 6 0 0 0 0 0 0 PART I, LINE 2: THE ALLEN INSTITUTE ASSIGNS RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE UNITED STATES TO ITS OFFICE OF SPONSORED RESEARCH. THIS OFFICE MONITORS ALL GRANT MAKING ACTIVITY INCLUDING ALL APPLICABLE COMPLIANCE REGULATIONS. MONITORING INCLUDES PERIODIC REVIEWS OF BUDGET TO ACTUAL REPORTS BY BOTH THE OFFICE OF SPONSORED RESEARCH AND THE PRINCIPAL INVESTIGATOR TO ENSURE FUNDS ARE USED ACCORDING TO THE AGREEMENT. PART I, LINE 3: EXPENSES ARE ACCOUNTED FOR ON AN ACCRUAL BASIS. PART III ACCOUNTING METHOD: 1 BAYLOR COLLEGE OF MEDICINE ONE BAYLOR PLAZA ROOM-BCM280 HOUSTON TX 77030 741613878 501(C)(3) 512599 0 MEDICAL RESEARCH CALIFORNIA INSTITUTE OF TECHNOLOGY MC 114-96 1200 E CALIFORNIA BLVD PASEDENA CA 91125 951643307 501(C)(3) 529745 0 MEDICAL RESEARCH MASSACHUSETTS INSTITUTE OF TECHNOLOGY CASHIERS OFFICE NE46-3160 77 MASSACHUSETTS AVE CAMBRIDGE MA 02139 042103594 501(C)(3) 485396 0 MEDICAL RESEARCH PRESIDENT AND FELLOWS OF HARVARD COLLEGE PO BOX 415649 BOSTON MA 02241 042103580 501(C)(3) 336825 0 MEDICAL RESEARCH THE BROAD INSTITUTE INC 415 MAIN STREET CAMBRIDGE MA 02142 263428781 501(C)(3) 296532 0 MEDICAL RESEARCH LAWRENCE BERKELEY NATIONAL LABORATORY 1 CYCLOTRON ROAD MS 971 BERKELEY CA 94720 942951741 501(C)(3) 29426 0 MEDICAL RESEARCH TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA 125 SOUTH 31ST STREET SUITE 2000 PHILADELPHIA PA 19104 231352685 501(C)(3) 448614 0 MEDICAL RESEARCH UNIVERSITY OF CALIFORNIA SAN DIEGO 9500 GILMAN DRIVE LA JOLLA CA 92093 956006144 501(C)(3) 212068 0 MEDICAL RESEARCH KAISER FOUNDATION RESEARCH INSTITUTE 1800 HARRISON STREET 16TH FLOOR OAKLAND CA 94612 941105628 501(C)(3) 50240 0 MEDICAL RESEARCH UNIVERSITY OF WASHINGTON 4333 BROOKLYN AVE NE SEATTLE WA 98195 916001537 501(C)(3) 2108308 0 MEDICAL RESEARCH J CRAIG VENTER INSTITUTE 4120 CAPRICORN LANE LA JOLLA CA 92037 521842938 501(C)(3) 217467 0 MEDICAL RESEARCH THE UNIVERSITY OF NEBRASKA MEDICAL CENTER 987835 NEBRASKA MEDICAL CENTER OMAHA NE 68198 470049123 501(C)(3) 23011 0 MEDICAL RESEARCH SEATTLE CHILDREN'S RESEARCH INSTITUTE 4800 SAND POINT WAY NE SEATTLE WA 98105 910564748 501(C)(3) 182824 0 MEDICAL RESEARCH CEDARS-SINAI MEDICAL CENTER 8700 BEVERLY BLVD 65WIL-1150 LOS ANGELES CA 90048 951644600 501(C)(3) 49416 0 MEDICAL RESEARCH REGENTS OF THE UNIVERSITY OF MINNESOTA 450 MCNAMARA ALUMNI CENTER 200 OAK STREET SE MINNEAPOLIS MN 55455 416007513 501(C)(3) 66455 0 MEDICAL RESEARCH NEW YORK UNIVERSITY 70 WASHINGTON SQUARE SOUTH NEW YORK NY 10003 135562308 501(C)(3) 168475 0 MEDICAL RESEARCH ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI ONE GUSTAVE L LEVY PLACE BOX 1075 NEW YORK NY 10029 136171197 501(C)(3) 337514 0 MEDICAL RESEARCH WASHINGTON UNIVERSITY IN ST LOUIS ONE BROOKINGS DRIVE SAINT LOUIS MO 63130 430653611 501(C)(3) 22424 0 MEDICAL RESEARCH THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK 630 WEST 168TH STREET BOX 49 NEW YORK NY 10032 135598093 501(C)(3) 392705 0 MEDICAL RESEARCH THE TRUSTEES OF PRINCETON UNIVERSITY PO BOX 0036 619 ALEXANDER ROAD SUITE 102 PRINCETON NJ 08540 210634501 501(C)(3) 212327 0 MEDICAL RESEARCH THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS 809 SOUTH MARSHFIELD AVENUE MB502M/C551 CHICAGO IL 60612 376000511 501(C)(3) 281505 0 MEDICAL RESEARCH ADDGENE INC 490 ARSENAL WAY SUITE 100 WATERTOWN MA 02472 900133592 501(C)(3) 87832 0 MEDICAL RESEARCH 22 0 PART I, LINE 2: THE ALLEN INSTITUTE ASSIGNS RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES TO RESEARCH FUNDING & THE OFFICE OF SPONSORED RESEARCH. THESE TEAMS MONITORS ALL GRANT MAKING ACTIVITY INCLUDING ALL APPLICABLE COMPLIANCE REGULATIONS. MONITORING INCLUDES PERIODIC REVIEWS OF BUDGET TO ACTUAL REPORTS BY RESEARCH FUNDING, THE OFFICE OF SPONSORED RESEARCH AND THE PRINCIPAL INVESTIGATOR TO ENSURE FUNDS ARE USED ACCORDING TO THE AGREEMENT. X X X 0 1 X X X X 0 0 0 0 0 0 0 1 0 THOMAS MARJORIE VP, TREASURER, CFO 455576 0 259292 0 645 0 10250 0 10858 0 736621 0 0 0 SVOBODA KAREL EXECUTIVE VP, DIR. NEURAL DYNAMICS 411923 0 204733 0 600 0 10250 0 18139 0 645645 0 0 0 COSTA RUI PRESIDENT, CEO 436154 0 0 0 159631 0 5192 0 29718 0 630695 0 0 0 ZENG HONGKUI EXECUTIVE VP, DIR. BRAIN SCIENCE 456831 0 82385 0 756 0 10250 0 16399 0 566621 0 0 0 KOCH CHRISTOF CHIEF SCIENTIST 416136 0 63408 0 0 0 10250 0 9521 0 499315 0 0 0 MCCLELLAN MARGARET VICE PRESIDENT, SECRETARY 460398 0 0 0 1369 0 10250 0 19954 0 491971 0 0 0 RICHMOND KATHRYN EXECUTIVE VP, DIR. FRONTIERS 394031 0 57542 0 0 0 10250 0 14427 0 476250 0 0 0 JONES ALLAN DIRECTOR, PRESIDENT 25470 0 424994 0 0 0 10250 0 787 0 461501 0 0 0 REID ROBERT C SENIOR INVESTIGATOR 422509 0 524 0 0 0 10250 0 23334 0 456617 0 0 0 BUMOL THOMAS EXECUTIVE VP, DIR. IMMUNOLOGY 342046 0 78972 0 0 0 10250 0 10499 0 441767 0 0 0 PART I, LINE 1A PERIODICALLY, SENIOR EXECUTIVES MAY TAKE FIRST CLASS TRAVEL DUE TO LENGTH OF THE TRIP, TIMING OF FLIGHT OR VISIT SCHEDULE. TAX GROSS UPS OF MOVING EXPENSES MAY BE PAID TO RECRUIT NEW EMPLOYEES. ALL EMPLOYEES ARE ENTITLED TO 75% OF HEALTH CLUB DUES REIMBURSEMENT (UP TO $140 OF REIMBURSEMENT/MONTH), BUT NOT UNDER A QUALIFIED BENEFIT PLAN. PART I, LINE 1B WE FOLLOWED THE WRITTEN POLICIES FOR 'FIRST-CLASS OR CHARTER TRAVEL AND 'HEALTH OR SOCIAL CLUB DUES OR INITIAL FEES.' WE DO NOT HAVE A WRITTEN 'HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE' POLICY. PART I, LINE 7 THE PRESIDENT, EXECUTIVES, AND CERTAIN SENIOR INSTITUTE LEADERS ARE ELIGIBLE FOR AN ANNUAL PERFORMANCE BONUS BASED UPON ATTAINMENT OF INSTITUTE-WIDE OR, INDIVIDUAL GOALS. NEAR THE END OF THE COMPENSATION YEAR (JANUARY-DECEMBER). INSTITUTE SENIOR LEADERSHIP ASSESSED THEIR PERFORMANCE RELATIVE TO GOALS, REVIEWED THEIR SELF-ASSESSMENT WITH THEIR MANAGER WHO MADE A FINAL DECISION ON PERFORMANCE SCORES. ALL SCORES AND ASSOCIATED BONUSES WERE PRESENTED TO THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS FOR FINAL REVIEW AND APPROVAL. RUI COSTA SEE PART V SEE PART V X 600000 570000 0 1 1 570000 SEE PART V SEE PART V 14930574 SEE PART V 0 SEE PART V SEE PART V 366173 SEE PART V 0 SCHEDULE L, PART II (B) RELATIONSHIP WITH ORGANIZATION: PRESIDENT(C) PURPOSE: ADVANCE FOR REIMBURSABLE EXPENSES SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: RELATED TO SUBSTANTIAL CONTRIBUTOR(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: 35% CONTROLLED ENTITY OF A SUBSTANTIAL CONTRIBUTOR(D) DESCRIPTION OF TRANSACTION: LEASE PAYMENTS SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: SUBSTANTIAL CONTRIBUTOR(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: SUBSTANTIAL CONTRIBUTOR(D) DESCRIPTION OF TRANSACTION: PROGRAM SERVICE REVENUE X SCIENTIFIC EQ. 1 241995 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE AMOUNTS REPORTED IN SCHEDULE M, PART I, COLUMN (B) REPRESENT THE NUMBER OF SEPARATE GIFTS RECEIVED DURING THE YEAR. FORM 990, PART I, LINE 6: UNCOMPENSATED BOARD MEMBERS SERVED AS VOLUNTEERS DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 2 JO LYNN ALLEN AND ALLEN ISRAEL HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE DEPARTMENT AND THE LEGAL DEPARTMENT PERFORM A THOROUGH REVIEW, AND THE BOARD MEMBERS ARE GIVEN COPIES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE PERSONS COVERED UNDER THE ALLEN INSTITUTE BOARD OF DIRECTORS CONFLICT OF INTEREST POLICY ARE THE ALLEN INSTITUTE'S BOARD OF DIRECTORS. THE ALLEN INSTITUTE PLACES UPON ALL DIRECTORS COVERED UNDER THIS POLICY, A DUTY TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST TO THE ALLEN INSTITUTE. FURTHERMORE, DIRECTORS ANNUALLY AFFIRM THAT THEY HAVE READ AND AGREE TO COMPLY WITH THE POLICY. AFTER DISCLOSURE OF AN ACTUAL OR POSSIBLE CONFLICT, PERSONS WITH A CONFLICT SHALL BE EXCUSED FROM THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION INVOLVING THE POSSIBLE CONFLICT. THE REMAINING DISINTERESTED DIRECTORS WILL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IF A CONFLICT IS FOUND, THE BOARD CHAIRPERSON, IF APPROPRIATE, WILL APPOINT A DISINTERESTED PERSON TO INVESTIGATE ALTERNATIVES TO THE TRANSACTION THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF ANY ALTERNATIVE TRANSACTIONS ARE NOT REASONABLE, THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE CONFLICTED TRANSACTION IS FAIR, REASONABLE, AND IN THE BEST INTEREST OF THE ALLEN INSTITUTE. THE PERSONS COVERED UNDER THE ALLEN INSTITUTE CONFLICT OF INTEREST POLICY ARE ALL EMPLOYEES, INCLUDING THE ALLEN INSTITUTE'S PRINCIPAL OFFICERS AND KEY EMPLOYEES. THE ALLEN INSTITUTE PLACES UPON ALL PRINCIPAL OFFICERS AND KEY EMPLOYEES UNDER THIS POLICY A DUTY TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST TO THE ALLEN INSTITUTE. FURTHERMORE, ALL EMPLOYEES, INCLUDING PRINCIPAL OFFICERS AND KEY EMPLOYEES ANNUALLY UPDATE AND REVIEW EXISTING DISCLOSURES, AS WELL AS DISCLOSE NEW CONFLICTS OF INTEREST. AFTER DISCLOSURE OF AN ACTUAL OR POSSIBLE CONFLICT, THE ALLEN INSTITUTE DETERMINES THE APPROPRIATE OVERSIGHT AND CONTROL, BASED ON THE CIRCUMSTANCES, TO PROPERLY MANAGE THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS REGARDING THE COMPENSATION OF THE CEO AND EXECUTIVE MANAGEMENT USING THE FOLLOWING PRACTICES: THE INSTITUTE'S PEOPLE AND CULTURE DEPARTMENT USES AN OUTSIDE EXECUTIVE COMPENSATION CONSULTANT TO BENCHMARK SENIOR EXECUTIVE LEADERSHIP BASE AND TOTAL CASH COMPENSATION TO ASSESS MARKET CONSISTENCY. THE PEOPLE AND CULTURE DEPARTMENT DEVELOPS BASE AND TOTAL CASH COMPENSATION RECOMMENDATIONS FOR THE CEO AND EACH EXECUTIVE LEADER. THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE RECOMMENDATIONS AND SUPPORTING BENCHMARKING DATA. BASED ON THESE REVIEWS THE COMPENSATION COMMITTEE ESTABLISHES SALARY ADJUSTMENTS FOR THE CEO AND THE CEO'S DIRECT REPORTS AND ANY SENIOR LEADER ELIGIBLE FOR THE VARIABLE COMPENSATION PLAN. COMPENSATION WAS LAST REVIEWED DECEMBER, 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ALLEN INSTITUTE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE FINANCIAL CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE ALLEN INSTITUTE WEBSITE. FORM 990, PART IX, LINE 11G OUTSIDE SERVICES AND CONSULTANTS: PROGRAM SERVICE EXPENSES 15,191,777. MANAGEMENT AND GENERAL EXPENSES 4,603,308. TOTAL EXPENSES 19,795,085.