2023-11-15T10:34:31-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2022-01-01 465574304 THE STANLEY FUND FOR THE BROAD INSTITUTE STAN 6177147050 415 MAIN STREET CAMBRIDGE MA 02142 TODD GOLUB INSTITUTE DIRECTOR 6177147050 2023-08-30 1 TODD GOLUB 999009999 0 LAURA J KENNEY P00202198 6177170831 2023-11-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TODD GOLUB 415 MAIN STREET CAMBRIDGE MA 02142 1366712 0 X N/A X 2014 MA SUPPORTING ORGANIZATION FOR THE BROAD INSTITUTE, INC. 5 3 0 3 155359 48841 0 0 0 0 5248223 1366712 0 0 5248223 1366712 0 0 0 0 0 0 0 0 0 125277 103340 125277 103340 5122946 1263372 68129218 60528449 70504 71077 68058714 60457372 X SUPPORTING ORGANIZATION FOR THE BROAD INSTITUTE, INC. 0 0 0 0 0 SEE SCHEDULE O 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 5 3 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 MA X X DAN SHORE THE BROAD INSTITUTE INC 6177147563 415 MAIN STREET CAMBRIDGE MA 021421401 X TODD GOLUB TRUSTEE 1.00 60.00 X 0 817744 61390 MORGAN SHENG TRUSTEE 1.00 60.00 X 0 589146 59531 STEVEN E HYMAN TRUSTEE 1.00 60.00 X 0 0 0 STEPHEN JONES TRUSTEE 1.00 0.00 X 0 0 0 JONATHAN STANLEY TRUSTEE 1.00 0.00 X 0 0 0 0 1406890 120921 0 0 1 0 0 442798 155359 287439 923914 0 923914 923914 923914 1366712 0 155359 1211353 68148 68148 UBI TAXES 34860 34860 ADMINISTRATIVE FEES 332 332 103340 0 103340 0 404655 497184 3014 3048 4077 4077 67717472 60024140 68129218 60528449 50409 21409 20095 49668 70504 71077 X 68058714 60457372 68058714 60457372 68129218 60528449 1263372 -8864714 0 X 0 1 X 1 0 X X X 1 THE BROAD INSTITUTE INC 263428781 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 PART IV, SECTION A, LINE 9B: THE SUPPORTING ORGANIZATION HOLDS LESS THAN 1% OF THE STOCK OF MBI, INC., A BUSINESS CORPORATION OF WHICH THE SETTLOR, THEODORE R. STANLEY ("TRS"), (DECEASED 2016), WAS ALSO A SHAREHOLDER. TRS WAS NOT A TRUSTEE OF THE SUPPORTING ORGANIZATION BUT WAS A SUBSTANTIAL CONTRIBUTOR TO IT UNDER THE DEFINITION OF IRC SECTION 4946 AND THEREFORE A DISQUALIFIED PERSON. THE STANLEY FAMILY FOUNDATION ("THE FOUNDATION") IS ALSO A SUBSTANTIAL CONTRIBUTOR TO THE SUPPORTING ORGANIZATION AND THEREFORE IS CONSIDERED A DISQUALIFIED PERSON UNDER IRC SECTION 4946. MBI, INC. IS DEEMED TO BE A CONTROLLED ENTITY OF THE STANLEY FAMILY FOUNDATION BECAUSE THE FOUNDATION OWNS MORE THAN 50% OF THE VALUE OF THE MBI, INC. STOCK. AT THE END OF TAX YEAR 2022, MBI, INC. SHARES CONSTITUTED APPROXIMATELY 2.0% OF THE TOTAL ASSETS OF THE SUPPORTING ORGANIZATION. PART IV, SECTION A, LINE 9C: TRUSTEE JONATHAN STANLEY, SON OF THE SUPPORTING ORGANIZATION'S SETTLOR, THEODORE R. STANLEY, HAS A BENEFICIAL INTEREST IN SHARES OF MBI, INC. AND IS A DISQUALIFIED PERSON BY REASON OF HIS RELATIONSHIP TO THE SETTLOR AND HIS POSITION AS A TRUSTEE OF THE SUPPORTING ORGANIZATION. THE STANLEY FAMILY FOUNDATION, OF WHICH JONATHAN STANLEY IS A TRUSTEE, IS A SUBSTANTIAL CONTRIBUTOR TO THE SUPPORTING ORGANIZATION AND HAS AN OWNERSHIP INTEREST IN MBI, INC. THE FUNDING OF THE SUPPORTING ORGANIZATION WITH STOCK OF MBI, INC. AND THE RELATIONSHIPS TO MBI OF TRS AND JONATHAN STANLEY WERE ALL DISCLOSED ON THE FORM 1023 FILED FOR THE SUPPORTING ORGANIZATION AND APPROVED BY THE INTERNAL REVENUE SERVICE. 0 MBI, INC. 1226478 F INVESTMENTS HELD BY THE BROAD INSTITUTE, INC. 58797662 F 60024140 INTERCOMPANY PAYABLE 49668 49668 -7498002 -8864714 -8864714 1366712 0 1366712 103340 0 103340 0 103340 0 0 0 0 0 0 0 0 0 TODD GOLUB TRUSTEE 0 796815 0 0 0 20929 0 31952 0 29438 0 879134 0 0 MORGAN SHENG TRUSTEE 0 330343 0 9381 0 249422 0 27000 0 32531 0 648677 0 0 PART I, LINE 3 COMPENSATION TO THE TOP MANAGEMENT OFFICIAL WAS PAID BY A RELATED ORGANIZATION. THE RELATED ORGANIZATION USES THE FOLLOWING METHODS TO ESTABLISH HIS COMPENSATION: A COMPENSATION COMMITTEE, AN INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART III, LINE 4A: THE STANLEY FUND FOR THE BROAD INSTITUTE (THE "FUND") WAS ESTABLISHED UNDER A TRUST AGREEMENT BY THE SETTLOR AND TRUSTEES ON APRIL 22, 2014. THE FUND WAS ESTABLISHED AS A TYPE I SUPPORTING ORGANIZATION OF THE BROAD INSTITUTE, INC., A BIOMEDICAL RESEARCH INSTITUTE CREATED THROUGH COLLABORATIVE EFFORTS OF THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY AND HARVARD UNIVERSITY ("THE BROAD"). THE BROAD'S OVERALL MISSION IS TO PROPEL PROGRESS IN BIOMEDICINE THROUGH RESEARCH AIMED AT THE UNDERSTANDING AND TREATMENT OF DISEASE, AND THE DISSEMINATION OF SCIENTIFIC KNOWLEDGE TO THE SCIENTIFIC COMMUNITY TO BENEFIT THE PUBLIC. ONE OF THE BROAD'S RESEARCH AREAS IS PSYCHIATRIC DISEASES. IN THAT AREA, THE BROAD OPERATES THE STANLEY CENTER FOR PSYCHIATRIC RESEARCH ("THE STANLEY CENTER"), WHICH HAS THE SPECIFIC MISSION "TO REDUCE THE BURDEN OF SERIOUS MENTAL ILLNESS THROUGH RESEARCH." THE STANLEY CENTER CARRIES ON WORK IN COLLABORATION WITH INVESTIGATORS THROUGHOUT THE WORLD. THE FUND PROVIDES FINANCIAL SUPPORT FOR THE ACTIVITIES OF THE STANLEY CENTER AT THE BROAD. IT IS MANAGED BY A BOARD OF TRUSTEES. THE FUND'S ACTIVITIES ARE THE INVESTMENT OF ASSETS AND THE PAYMENT OF FUNDS TO THE BROAD IN SUPPORT OF ITS CHARITABLE AND SCIENTIFIC PURPOSES UNDER THE DIRECTION OF THE TRUSTEES SELECTED BY THE BROAD. FORM 990, PART VI, SECTION A, LINE 2 TRUSTEES STEPHEN JONES AND JONATHAN STANLEY HAVE A BUSINESS RELATIONSHIP. TRUSTEES TODD GOLUB, STEVEN E. HYMAN, AND MORGAN SHENG HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE STANLEY FUND FOR THE BROAD INSTITUTE'S FORM 990 WAS PREPARED WITH THE ASSISTANCE OF THE FUND'S TAX PREPARER, CLIFTONLARSONALLEN, LLP. THE DRAFT FORM 990 WAS PROVIDED TO ALL TRUSTEES FOR REVIEW AND COMMENT PRIOR TO THE FORM BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE IS REQUIRED TO ANNUALLY ACKNOWLEDGE HIS/HER FAMILIARITY WITH THE CONFLICT OF INTEREST POLICY AND DISCLOSE IN WRITING ANY EXISTING FINANCIAL OR OTHER MATERIAL INTERESTS SUBJECT TO THIS POLICY BY COMPLETING A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE REVIEWED ANNUALLY BY THE TRUSTEES. DISCUSSION AND ACTIONS TAKEN, IF NEEDED, RELATED TO THE CONFLICT OF INTEREST DISCLOSURE ARE HELD AT TRUSTEE MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 NO COMPENSATION IS PAID BY THE STANLEY FUND FOR THE BROAD INSTITUTE. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS MADE AVAILABLE UPON REQUEST AND ON GUIDESTAR.ORG. THE FORM 1023 IS MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII: TRUSTEE STEVEN E. HYMAN IS A CORE MEMBER OF THE BROAD INSTITUTE WHO RECEIVES NO COMPENSATION FROM THE STANLEY FUND FOR THE BROAD INSTITUTE OR RELATED ORGANIZATIONS. THE BROAD INSTITUTE INC 415 MAIN STREET CAMBRIDGE MA 02142 263428781 RESEARCH MA 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0