2023-11-15T13:21:23-06:00 2023-06-30 420714325 RSM US LLP 30 SOUTH WACKER DR SUITE 3300 CHICAGO IL 606063392 990 2022-07-01 208325570 THE MORGRIDGE INSTITUTE FOR RESEARCH INC MORG 6083164100 330 N ORCHARD STREET MADISON WI 537151119 KATHI STANEK CFO/COO/TREASURER 6083164100 2023-11-10 1 KATHI STANEK XXX-XX-XXXX 0 REBEKUH ELEY P01247672 3126343400 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KATHI STANEK 330 N ORCHARD STREET MADISON WI 537151119 26351506 0 X HTTPS://MORGRIDGE.ORG/ X 2006 WI RESEARCH INSTITUTE TO SUPPORT MEDICAL RESEARCH AND EDUCATION AT THE UNIVERSITY OF WISCONSIN-MADISON IN CONJUNCTION WITH THE UNIVERSITY OF WISCONSIN HOSPITALS AND CLINICS AUTHORITY. THE PRIMARY PURPOSES FOR THE INSTITUTE ARE AS FOLLOWS:1) COLLABORATION - SPARK RESEARCH COLLABORATIONS ACROSS THE SCIENCES AND THE UW-HOSPITAL THAT ACCELERATE BREAKTHROUGH DISCOVERIES TO IMPROVE HUMAN HEALTH.2) INTERACTION - FOSTER INTERACTION BETWEEN PUBLIC AND PRIVATE RESEARCH THAT BREAKS DOWN BARRIERS BETWEEN RESEARCHERS, LABS AND SCIENTIFIC DISCIPLINES. 18 14 182 0 0 0 30696300 26024399 0 43160 1471 -123698 562504 245576 31260275 26189437 1587229 1394317 0 0 15346342 14819639 0 0 1027072 11701007 11886932 28634578 28100888 2625697 -1911451 39159232 87077299 6679273 56732508 32479959 30344791 X OUR MISSION IS TO IMPROVE HUMAN HEALTH BY CONDUCTING, ENABLING AND TRANSLATING INNOVATIVE, INTERDISCIPLINARY BIOMEDICAL RESEARCH IN PARTNERSHIP WITH THE UNIVERSITY OF WISCONSIN-MADISON AND OTHERS, BY LEVERAGING OUR COLLECTIVE STRENGTH IN RESEARCH AND EDUCATION.OUR VISION IS TO SOLVE MAJOR CHALLENGES TO HUMAN HEALTH BY SERVING AS AN INTERDISCIPLINARY RESEARCH CENTER AND COLLABORATIVE HUB THAT ENABLES INVESTIGATORS TO ADDRESS AND ANSWER FUNDAMENTAL BIOMEDICAL QUESTIONS.WE ENVISION USING OUR PRIVATE STATUS AND STREAMLINED ORGANIZATIONAL STRUCTURE TO RESPOND NIMBLY TO EMERGING OPPORTUNITIES. IN PARTNERSHIP WITH AN OUTSTANDING PUBLIC RESEARCH UNIVERSITY WE WILL SYNERGISTICALLY ENHANCE OUR COLLECTIVE STRENGTHS.THROUGH COMMUNITY ENGAGEMENT WE WILL PROMOTE BETTER UNDERSTANDING OF THE HEALTH BENEFITS OF BIOMEDICAL RESEARCH. 0 0 5572456 43160 REGENERATIVE BIOLOGY: UNDERSTANDING AND DIRECTING CELLULAR FATES TO IMPROVE HEALTH- CREATE PHYSIOLOGICALLY STABLE, SAFE AND FUNCTIONAL CELLS TO BETTER UNDERSTAND THE HUMAN BODY.- APPLY KNOWLEDGE ABOUT CELLUAR GENERATION FOR APPLICATION IN PREVENTION AND TREATMENT OF DEGENERATIVE DISEASES.- APPLY KNOWLEDGE TO DEVELOP AND TAILOR DRUGS FOR SPECIFIC NEEDS. 3201171 124926 BIOMEDICAL IMAGING: ADVANCING TECHNOLOGIES TO BETTER DIAGNOSE, TREAT AND PREVENT DISEASE- TRANSIENT LIGHTING FOR SURGERY: DEVELOPMENT OF A RAPID-SWITCH LIGHTING SYSTEM THAT PROVIDES FULL LIGHT IN THE OPERATING ROOM, WHILE PROTECTING LIGHT-SENSITIVE FLUORESCENCE IMAGES OF USE TO SURGEONS.- BETTER CT IMAGES: DEVELOPING A MULTI-SOURCE X-RAY TUBE FOR COMPUTED TOMOGRAPHY (CT) - ONE OF THE MOST WIDELY USED TOOLS TO IMAGE DISEASE - TO ENABLE FASTER IMAGING, DOSE REDUCTION, AND IMPROVED IMAGE QUALITY.- IMPROVED BREAST CANCER TRACKING: CREATING AN IMAGING SYSTEM TO TRACK BREAST CANCER BASED ON ALIGNMENT OF COLLAGEN FIBERS, WHICH ARE BIOMARKERS FOR BREAST CANCER METASTASIS. 2746352 247785 VIROLOGY: UNLOCKING THE SECRETS OF VIRUS-HOST INTERACTIONS TO BETTER PROTECT HUMAN HEALTH- ADVANCE PRACTICAL UNDERSTANDING, PREVENTION AND TREATMENT OF VIRUSES AND THEIR DISEASES.- ENHANCE UNDERSTANDING OF THE BIOLOGY OF HEALTHY CELLS AND TISSUES.- DEVELOP NEW TOOLS DERIVED FROM VIRUSES FOR USE IN BIOTECHNOLOGY, NANOTECHNOLOGY AND MEDICINE. 2002575 636683 GENERAL SCIENCE:- BIOETHICS: ADDRESSING EMERGING ETHICAL ISSUES AND BUILDING A CULTURE OF RESPONSIBLE SCIENCE.- HEMOSTASIS: INITIATION AND REGULATION OF PROTEASE CASCADES, WHICH GOVERN A VARIETY OF ESSENTIAL PHYSIOLOGICAL PROCESSES FROM BLOOD CLOTTING TO MECHANISMS OF CELL DEATH. 653919 30000 OUTREACH & EDUCATION: - ENGAGE THE COMMUNITY IN SCIENCE EDUCATION. 1563019 109861 RESEARCH COMPUTING: EXPENDING COMPUTING POWER TO ADDRESS NEW QUESTIONS IN BIOLOGY - DEVELOP A CYBER-INFRASTRUCTURE THAT PROVIDES HIGH THROUGHPUT COMPUTING AND FOSTERS COLLABORATIVE WORK WITH THE MEDICAL SCIENCE PARTNERS. - DEVELOP SOFTWARE ASSURANCE MARKETPLACE THAT AIDS OPEN SOURCE SOFTWARE DEVELOPERS AND SOFTWARE ASSURANCE TOOLS THAT DEVELOPERS CAN CREATE A MORE SECURE CYBERINFRASTRUCTURE BY OFFERING THE CAPACITY NEEDED TO CONTINUOUSLY TEST AND "REBUILD" THE CODE UNDERLYING CRITICAL INFRASTRUCTURE APPLICATIONS. 2412567 245062 METABOLISM: - ELUCIDATING THE CHEMISTRY OF LIFE AND ITS DISRUPTION IN HUMAN DISEASE- MITOCHONDRIA AND DISEASE: UNLOCKING FUNCTION OF THE MITOCHONDRIA, OR "CELLULAR POWERHOUSE," TO UNDERSTAND ITS ROLE IN MORE THAN 150 DISEASES, INCLUDING PARKINSON'S, DIABETES, AND CANCER. - ORPHAN PROTEINS: ESTABLISHING A RESEARCH PLATFORM TO STUDY THE MORE THAN 100 PROTEINS - NEARLY ONE-QUARTER OF THE MAMMALIAN MITOCHONDRIAL PROTEOME - THAT HAVE A YET UNDISCOVERED BIOCHEMICAL FUNCTION.- COENZYME Q: INTEGRATING VARIOUS BIOCHEMICAL, GENETIC AND STRUCTURAL BIOLOGY APPROACHES TO FURTHER ELUCIDATE THE STEPS OF COENZYME Q, WHOSE DEFICIENCY IS ASSOCIATED WITH MULTIPLE HUMAN DISEASES. 6632080 1021606 18152059 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 1 1 0 0 1 59 0 1 182 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 14 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X X KATHI STANEK 6083164100 330 N ORCHARD STREET MADISON WI 537151119 ERIK IVERSON TRUSTEE 4.00 40.25 X 15000 695303 97692 BRAD SCHWARTZ CEO/TRUSTEE 40.00 0.25 X X 481873 0 48382 PATRICIA LIPTON TRUSTEE 2.00 3.25 X 15000 24000 0 DEBORAH KELLER TRUSTEE 2.00 2.25 X 15000 24000 0 WINSLOW L SARGEANT TRUSTEE 2.00 2.25 X 15000 24000 0 MARY BURKE TRUSTEE 2.00 0.25 X 15000 0 0 HARVEY COHEN TRUSTEE 2.00 0.25 X 15000 0 0 JAMES DAHLBERG TRUSTEE 2.00 0.25 X 15000 0 0 JACQUELYN FREDRICK TRUSTEE/CHAIR 2.00 0.25 X X 15000 0 0 JOHN NEIS TRUSTEE 2.00 0.25 X 15000 0 0 JOHN BURRIS TRUSTEE 2.00 0.25 X 15000 0 0 THOMAS PYLE JR TRUSTEE 2.00 0.25 X 15000 0 0 THOMAS KRUMMEL TRUSTEE 2.00 0.25 X 5000 0 0 JOHN MORGRIDGE TRUSTEE 2.00 0.25 X 0 0 0 TASHIA MORGRIDGE TRUSTEE 2.00 0.25 X 0 0 0 FRED ROBERTSON TRUSTEE/VICE CHAIR 2.00 0.25 X X 0 0 0 TESS MORGRIDGE GARDNER TRUSTEE 2.00 0.25 X 0 0 0 ERIC MORGRIDGE TRUSTEE 2.00 0.25 X 0 0 0 KATHI STANEK CFO/COO/TREASURER 40.00 0.25 X 328716 0 46224 BRIAN MATTMILLER CHIEF COMMUNICATIONS OFF./SECRETARY 40.00 0.25 X 196597 0 44475 JAMES A THOMSON DIR REGENERATIVE BIOLOGY 40.00 0.00 X 406692 0 3547 WILLIAM SWISHER JR CHIEF DEVELOPMENT OFFICER 40.00 0.00 X 283039 0 52053 MELISSA SKALA LEAD INVESTIGATOR 40.00 0.00 X 257129 0 48354 PAUL AHLQUIST LEAD INVESTIGATOR 40.00 0.00 X 214256 0 39192 RONALD STEWART ASSOCIATE DIRECTOR - BIOIN 40.00 0.00 X 194434 0 37084 JILL WALDER DIRECTOR OF HUMAN RESOURCES 40.00 0.00 X 169564 0 41562 DOUG EKLUND CONTROLLER 40.00 0.00 X 175752 0 29827 2878052 767303 488392 31 0 1 0 RSM US LLP PO BOX 5946 MADISON WI 53717 AUDIT/TAX SERVICES 111994 1 20297802 4574821 1151776 26024399 REGENERATIVE BIOLOGY 900099 43160 43160 43160 52 52 155250 0 155250 155250 155250 38319 162069 -123750 -123750 -123750 90326 90326 90326 26189437 43160 0 121878 1394317 1394317 3283863 1200688 1748084 335091 7705950 5269902 2208254 227794 1080885 648531 378310 54044 2009406 911915 1014278 83213 739535 443721 258837 36977 119721 119721 185218 185218 2102498 1596763 499931 5804 233885 146500 86544 841 1084210 742912 308657 32641 308105 45763 243899 18443 4835343 3410172 1241278 183893 571490 289398 266754 15338 167378 61078 102987 3313 1500758 1462328 33244 5186 128897 88939 34802 5156 LAB SUPPLIES 388727 371443 16951 333 MEALS & ENTERTAINMENT 168685 93468 70166 5051 PROFESSIONAL DUES AND F 30224 8093 20437 1694 DEVEL EDUCATION & TRAIN 2577 355 1938 284 59216 -34227 81467 11976 28100888 18152059 8921757 1027072 4612540 3198398 1585461 854656 124890 186719 16430280 11484545 5641530 4945735 27194811 77891791 39159232 87077299 3986982 4184755 2692291 3094320 0 49453433 6679273 56732508 X 32411044 30195888 68915 148903 32479959 30344791 39159232 87077299 X -1911451 -223717 X 0 1 X 1 1 1 X UW HOSPITAL MADISON WI RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3073657 1175421 1898236 13356623 10309124 3047499 4945735 DUE FROM WARF 6100538 DUE FROM MORGRIDGE INSTITUTE FOUNDATION 23675909 RIGHT OF USE - FINANCIAL ASSET 48115344 77891791 OPERATING LEASE LIABILITY 49453433 49453433 X PART X, LINE 2: THE ORGANIZATION HAS 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 ORGANIZATION IS ALSO EXEMPT FROM WISCONSIN INCOME 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 FORM 990 IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF WISCONSIN. 1 UNIVERSITY OF WISCONSIN - MADISON 500 LINCOLN DR MADISON WI 53706 396006492 115 1394317 0 TO SUPPORT ONGOING RESEARCH AND EDUCATION. 1 0 PART I, LINE 2: DETAILED PROJECT BUDGETS (WHICH INCLUDE GRANT AMOUNTS) ARE REVIEWED AND APPROVED BY THE CFO. BUDGET TO ACTUAL COMPARISONS ARE PREPARED QUARTERLY TO MEASURE COMPLIANCE WITH SPENDING LIMITS. REQUESTS FOR ADDITIONAL FUNDING NEED TO FOLLOW THE BUDGET AND APPROVAL PROCESS. X X X X 0 1 0 0 0 0 0 0 0 ERIK IVERSON TRUSTEE 15000 518728 0 176575 0 0 0 49810 0 47882 15000 792995 0 0 BRAD SCHWARTZ CEO/TRUSTEE 437106 0 44767 0 0 0 32826 0 15556 0 530255 0 0 0 JAMES A THOMSON DIR REGENERATIVE BIOLOGY 406692 0 0 0 0 0 3547 0 0 0 410239 0 0 0 KATHI STANEK CFO/COO/TREASURER 328716 0 0 0 0 0 23526 0 22698 0 374940 0 0 0 WILLIAM SWISHER JR CHIEF DEVELOPMENT OFFICER 283039 0 0 0 0 0 28537 0 23516 0 335092 0 0 0 MELISSA SKALA LEAD INVESTIGATOR 257129 0 0 0 0 0 26526 0 21828 0 305483 0 0 0 PAUL AHLQUIST LEAD INVESTIGATOR 214256 0 0 0 0 0 23537 0 15655 0 253448 0 0 0 BRIAN MATTMILLER CHIEF COMMUNICATIONS OFF./SECRETARY 196597 0 0 0 0 0 21777 0 22698 0 241072 0 0 0 RONALD STEWART ASSOCIATE DIRECTOR - BIOIN 194434 0 0 0 0 0 21429 0 15655 0 231518 0 0 0 JILL WALDER DIRECTOR OF HUMAN RESOURCES 169564 0 0 0 0 0 18864 0 22698 0 211126 0 0 0 DOUG EKLUND CONTROLLER 175752 0 0 0 0 0 14172 0 15655 0 205579 0 0 0 PART I, LINE 4B THE FOLLOWING INDIVIDUAL PARTICIPATES IN A 457(F) PLAN AND THE AMOUNT IS THE CONTRIBUTION TO THE PLAN DURING 2022: ERIK IVERSON: $53,696 FORM 990, PART VI, SECTION A, LINE 2 JOHN & TASHIA MORGRIDGE ARE BOTH MORGRIDGE INSTITUTE FOR RESEARCH TRUSTEES AND ARE MARRIED. HOWEVER, NEITHER JOHN NOR TASHIA RECEIVE ANY COMPENSATION FOR THEIR ROLES AS TRUSTEES. TESS MORGRIDGE GARDNER AND ERIC MORGRIDGE ARE GRANDCHILDREN OF JOHN & TASHIA MORGRIDGE. FORM 990, PART VI, SECTION A, LINE 7A WISCONSIN ALUMNI RESEARCH FOUNDATION (WARF) HAS THE POWER TO APPOINT UP TO SIX (6) MEMBERS OF THE BOARD; THE CHANCELLOR OF THE UNIVERSITY OF WISCONSIN-MADISON HAS THE POWER TO APPOINT ONE (1) MEMBER OF THE BOARD WHO IS NOT AN EMPLOYEE OF THE UNIVERSITY; AS LONG AS THEY CHOOSE TO ACT IN THIS CAPACITY, JOHN AND TASHIA MORGRIDGE OR THEIR DESIGNEE(S) SHALL SERVE ON THE BOARD; AND THE MANAGING DIRECTOR OF WARF AND THE CEO OF THE MORGRIDGE INSTITUTE FOR RESEARCH SHALL ALWAYS SERVE ON THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS INITIALLY REVIEWED AND APPROVED BY THE CFO AND OTHER MEMBERS OF THE MANAGEMENT TEAM. AN ELECTRONIC COPY OF THE FINAL 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 THE MORGRIDGE TRUSTEES REVIEW THE CONFLICT OF INTEREST POLICY AND COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. MORGRIDGE REVIEWS CONFLICT MATTERS AS DISCLOSED THROUGH THE ANNUAL DISCLOSURE AND ON A ROLLING BASIS AND CONSIDERS THEM IN THE MANNER PROSCRIBED IN ITS CONFLICT POLICY. THE GOVERNANCE COMMITTEE OF THE BOARD OF TRUSTEES ALSO MEETS AS APPROPRIATE TO CONSIDER CONFLICT SITUATIONS. ALL MORGRIDGE EMPLOYEES SIGN A CONFLICT OF INTEREST AGREEMENT. THE CONFLICT OF INTEREST AGREEMENTS AND REQUIREMENTS ARE REVIEWED ANNUALLY BY THE MORGRIDGE INTERNAL CONFLICT OF INTEREST COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 MORGRIDGE INSTITUTE FOR RESEARCH RETAINS A NATIONAL INDEPENDENT HUMAN RESOURCES CONSULTING FIRM SPECIALIZING IN COMPENSATION ACTIVITIES TO REVIEW COMPENSATION FOR THE SENIOR MANAGEMENT OF THE ORGANIZATION. THE CONSULTANT IS RETAINED BY AND REPORTS TO THE CHAIR OF THE COMPENSATION COMMITTEE. EVERY THIRD YEAR THE CONSULTANT PROVIDES COMPARATIVE COMPENSATION DATA TO THE COMPENSATION COMMITTEE. 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. THE COMPENSATION COMMITTEE AND THE BOARD REVIEWS A WRITTEN SUMMARY OF EXECUTIVE ACCOMPLISHMENTS FOR THE FISCAL YEAR. DURING THE REVIEW, THE COMPENSATION COMMITTEE MEETS TO DISCUSS THE GENERAL DIRECTION AND SCOPE/RANGE OF EXECUTIVE COMPENSATION. THE COMPENSATION COMMITTEE DISCUSS THE EXECUTIVE EVALUATION AND RECOMMENDS A COMPENSATION ADJUSTMENT TO THE FULL BOARD. THE FULL BOARD REVIEWS AND APPROVES THE FINAL COMPENSATION ADJUSTMENT. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT MADE AVAILABLE. FORM 990, PART XI, LINE 9: POST-EMPLOYMENT BENEFITS PLAN CHANGES -223,717. INTEREST IN MORGRIDGE INSTITUTE FOUNDATION 450,431,740. NET ASSETS HELD AT MORGRIDGE INSTITUTE FOUNDATION -450,431,740. WISCONSIN ALUMNI RESEARCH FOUNDATION 614 WALNUT STREET 13TH FLOOR MADISON WI 53726 390833612 RESEARCH WI 501(C)(3) LINE 12C, III-FI N/A 0 THE MORGRIDGE INSTITUTE FOUNDATION INC 330 N ORCHARD ST MADISON WI 53715 822760376 RESEARCH WI 501(C)(3) LINE 12A, I THE MORGRIDGE INSTITUTE FOR RESEARCH INC 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 THE MORGRIDGE INSTITUTE FOUNDATION INC C 14597802 THE MORGRIDGE INSTITUTE FOUNDATION INC P 41779523 THE MORGRIDGE INSTITUTE FOUNDATION INC Q 2407844