2024-04-26T04:56:37+00:00 2023-06-30 440160260 FORVIS LLP 1201 WALNUT ST SUITE 1700 KANSAS CITY MO 641062246 990 2023-01-01 205916445 Stowers Scientific Education Institute Inc STOW 8169264000 1000 EAST 50TH STREET KANSAS CITY MO 64110 RICHARD W BROWN PRESIDENT 2024-04-26 true RICHARD BROWN 999009999 APRIL ARNOLD CPA 8162216300 2024-05-15 2022 2023-04-26 12:10:37Z RICHARD W BROWN 1000 EAST 50TH STREET KANSAS CITY MO 64110 101491 false X N/A X 2006 DE STOWERS SCIENTIFIC EDUCATION INSTITUTE ("SSEI") SUPPORTS THE ACTIVITIES OF STOWERS INSTITUTE FOR MEDICAL RESEARCH ("SIMR") WHICH CONDUCTS BASIC CELL AND MOLECULAR BIOLOGY RESEARCH. 4 1 0 1 0 0 0 0 590226 46113 0 590226 46113 57081 50000 0 0 0 0 97309 557 154390 50557 435836 -4444 6282563 6731448 0 0 6282563 6731448 SEE SCHEDULE O false false 50000 50000 0 SUPPORTING ORGANIZATION - SSEI'S EXEMPT PURPOSE IS TO SUPPORT ITS SUPPORTED ORGANIZATION, SIMR. SSEI PROVIDES MANAGEMENT AND/OR FINANCIAL SUPPORT TO SIMR. SSEI'S ACTIVITIES INCLUDE RESEARCH SUPPORT, PROMOTION OF ENDOWMENT BASED RESEARCH, ENDOWMENT MANAGEMENT, AND SUPPORT OF EDUCATION ABOUT THE BENEFITS OF SIMR'S INNOVATIVE BIOMEDICAL RESEARCH. 0 0 0 DISASTER RELIEF AND EMERGENCY HARDSHIP PROGRAM - SSEI PROVIDES FINANCIAL SUPPORT TO EMPLOYEES OF ITS SUPPORTED ORGANIZATION, SIMR AND ITS RELATED ORGANIZATIONS WHO HAVE BEEN SERIOUSLY IMPACTED BY AN UNEXPECTED HARDSHIP IN CONNECTION WITH A QUALIFYING EVENT. 50000 true false false false false false false false false false false false false false true false true false false false false false false false false false true false false false false false false false false false false false false false false false true true false false false true 0 0 0 false false false false false false false false false false false false X 4 1 true false false false true true true true true false false true true true true true true false false false X KATY GRAHAM 8169264000 1000 EAST 50TH STREET KANSAS CITY MO 64110 CHARLES GERMAN DIRECTOR/SECRETARY 1.0 48.0 X X 0 0 0 RICHARD W BROWN DIRECTOR/PRESIDENT 1.0 48.0 X X 0 0 0 DAVID A WELTE DIRECTOR 1.0 8.0 X 0 0 0 PENNY M SPENCE DIRECTOR 1.0 50.0 X 0 0 0 0 0 0 0 false false false 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 51491 0 0 51491 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 50000 0 55378 0 -5378 0 -5378 0 0 -5378 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 46113 0 0 46113 50000 50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 557 0 557 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 50557 50000 557 0 15426 14869 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6267137 6716579 0 0 0 0 0 0 6282563 6731448 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6282563 6731448 0 0 6282563 6731448 6282563 6731448 -4444 453329 0 X false true X true false X X 1 STOWERS INSTITUTE FOR MEDICAL RESEARCH 202993509 4 true 50000 0 1 50000 0 true false false false false false false false false false false false false false false true false 0 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote FIN 48 FINANCIAL STATEMENT FOOTNOTE FROM THE CONSOLIDATED STATEMENTS OF STOWERS INSTITUTE FOR MEDICAL RESEARCH AND ITS RELATED ORGANIZATIONS, COLLECTIVELY ("THE INSTITUTE") OF WHICH STOWERS SCIENTIFIC EDUCATION INSTITUTE INC. IS A SUPPORTING ORGANIZATION, IS AS FOLLOWS: THE INSTITUTE RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. true STOWERS INSTITUTE FOR MEDICAL RESEARCH 100 EAST 50TH STREET KASNAS CITY MO 64110 202993509 501(C)(3) 50000 RESEARCH & EDUCATION 1 0 Schedule I, Part I, Line 2 ONE OF SSEI'S PURPOSES IS TO SUPPORT, BENEFIT, AND CARRYOUT THE PURPOSE OF ITS SUPPORTED ORGANIZATION, SIMR, AS DESCRIBED IN FORM 990, PART III. THE ANNUAL SUPPORT INCLUDES DISTRIBUTING FUNDS TO SIMR TO BE USED BY SIMR IN FURTHERANCE OF ITS EXEMPT PURPOSE CONDUCTING MEDICAL RESEARCH AND RELATED RESEARCH EDUCATION ACTIVITIES. Form 990, Part III, Line 1 ORGANIZATION'S MISSION ORGANIZATION'S MISSION STOWERS SCIENTIFIC EDUCATION INSTITUTE INC. ("SSEI") OPERATES EXCLUSIVELY WITHIN THE MEANING OF CODE SECTIONS 501(C)(3) AND 509(A)(3). SSEI'S MISSION IS TO EDUCATE THE PUBLIC ABOUT THE BENEFITS OF INNOVATIVE AND ETHICAL BIOMEDICAL RESEARCH, THERAPIES AND CURES. SSEI'S CHARITABLE PURPOSE IS TO SUPPORT, BENEFIT, AND CARRY OUT THE PURPOSES OF SIMR, ITS SUPPORTED ORGANIZATION. SSEI CURRENTLY SUPPORTS STOWERS INSTITUTE FOR MEDICAL RESEARCH ("SIMR"). SIMR IS A TAX EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3), AND PUBLIC CHARITY DESCRIBED IN SECTIONS 509(A)(1) AND 170(B)(1)(A)(III). SIMR IS ACTIVELY ENGAGED IN SCIENTIFIC RESEARCH IN THE PUBLIC INTEREST. SSEI PROVIDES MANAGEMENT AND/OR FINANCIAL SUPPORT FOR THEIR BENEFIT. INCOME FROM SSEI'S ENDOWMENT IS USED TO SUPPORT THE EXEMPT ACTIVITIES OF SIMR. Form 990, Part VI, Line 2 BUSINESS RELATIONSHIPS RICHARD W. BROWN, CHARLES GERMAN, AND DAVID A. WELTE, DIRECTORS OF SSEI, HAVE A BUSINESS RELATIONSHIP. RICHARD W. BROWN, CHARLES GERMAN, AND PENNY M. SPENCE, DIRECTORS OF SSEI, HAVE A BUSINESS RELATIONSHIP. Form 990, Part VI, Line 6 7a & 7b SOLE MEMBERS AND GOVERNANCE DECISIONS SIMR IS SSEI'S SOLE MEMBER AND ELECTS SSEI'S BOARD OF DIRECTORS. SIMR ALSO HAS THE RIGHT TO REMOVE, WITH OR WITHOUT CAUSE, ONE OR MORE DIRECTORS. Form 990, Part VI, Line 15a & 15b REASONABLENESS OF COMPENSATION PENNY M. SPENCE, CHARLES GERMAN, AND RICHARD W. BROWN, DIRECTORS, ARE COMPENSATED BY A RELATED ORGANIZATION, STOWERS RESOURCE MANAGEMENT INC. ("SRM"), FOR THE SERVICES PERFORMED IN THEIR OFFICIAL CAPACITY FOR SRM. Form 990, Part VI, Line 11b Review of form 990 by governing body THE DATA AND INFORMATION NECESSARY TO PREPARE SSEI'S FORM 990 IS COMPILED BY THE ORGANIZATION'S ACCOUNTING SUPPORT TEAM AND REVIEWED BY THE INSTITUTE'S TAX ATTORNEY AT BRYAN CAVE LEIGHTON PAISNER, LLP. FORVIS, LLP, THE INSTITUTE'S EXTERNAL TAX PREPARERS, USES THIS INFORMATION TO PREPARE THE FORM 990. THE COMPLETED FORM 990, INCLUDING REQUIRED SCHEDULES, IS REVIEWED BY THE DIRECTORS BEFORE IT IS FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy SSEI HAS ADOPTED A "CONFLICTS OF INTEREST AND DIRECTOR INDEPENDENCE POLICY". EACH DIRECTOR, OFFICER, AND OTHER PERSON WHO IS IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER DECISIONS OF SSEI ARE REQUIRED TO ANNUALLY COMPLETE AND SIGN A DISCLOSURE STATEMENT THAT IS PART OF THE POLICY. ALSO, A COVERED PERSON MUST DISCLOSE THE EXISTENCE OF A POTENTIAL CONFLICT AND ALL MATERIAL FACTS TO THE GOVERNING BOARD AS SOON AS THE PERSON HAS KNOWLEDGE THAT A POTENTIAL CONFLICT MIGHT EXIST. PER THE POLICY, THE BOARD THEN REVIEWS THE DISCLOSURE TO DETERMINE WHETHER A CONFLICT EXISTS. AFTER THE COVERED PERSON MAKES THE RELEVANT DISCLOSURE, THEY ARE RECUSED AND MAY NOT PARTICIPATE IN THE DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION. SSEI ALSO CONDUCTS PERIODIC AND ADHOC REVIEWS OF TRANSACTIONS AND AGREEMENTS TO ENSURE THAT IT DOES NOT ENGAGE IN ACTIVITIES THAT ARE NOT CONSISTENT WITH ITS TAX-EXEMPT PURPOSE. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part VII, Section A AND SECTION B THE ORGANIZATION CHANGED ITS YEAR END TO JUNE 30 AND IS THEREFORE FILING A SHORT PERIOD TAX RETURN FOR THE PERIOD OF 1/1/2023 TO 6/30/2023. PER THE FORM 990 INSTRUCTIONS, COLUMNS D AND E WILL BE BLANK AND THE ORGANIZATION WILL NOT REPORT ANY KEY EMPLOYEES, HIGHEST COMPENSATED EMPLOYEES NOR HIGHEST COMPENSATED INDEPENDENT CONTRACTORS. THESE ITEMS ARE ALL REPORTED BASED ON THE CALENDAR YEAR ENDING WITHIN THE FISCAL YEAR, WHICH DOES NOT EXIST FOR THE SHORT PERIOD. STOWERS POLICY INSTITUTE INC 1000 EAST 50TH STREET KANSAS CITY MO 64110 203270502 SEE PART VII DE 501(c)(4) SIMR false STOWERS REAL ESTATE HOLDING CORPORATION 1000 EAST 50TH STREET KANSAS CITY MO 64110 261472230 TITLE HOLDING DE 501(c)(2) SRM true STOWERS INSTITUTE FOR MEDICAL RESEARCH 1000 EAST 50TH STREET KANSAS CITY MO 64110 202993509 MED RESEARCH DE 501(c)(3) 4 N/A false STOWERS RESOURCE MANAGEMENT 1000 EAST 50TH STREET KANSAS CITY MO 64110 412186719 SUPPORT ORG DE 501(c)(3) Type I SIMR true BIOMED VALLEY CORPORATION 1000 EAST 50TH STREET KANSAS CITY MO 64110 743238244 SUPPORT ORG DE 501(c)(3) Type I SIMR true THE GRADUATE SCHOOL OF SIMR 1000 EAST 50TH STREET KANSAS CITY MO 64110 464588696 EDUCATION MO 501(c)(3) 2 SIMR true STOWERS INVESTMENT HOLDING CORPORATION 1000 EAST 50TH STREET KANSAS CITY MO 64110 920365628 TITLE HOLDING DE 501(c)(2) SRM SPI false BIOMED VALLEY DISCOVERIES INC 4435 MAIN ST SUITE 550 KANSAS CITY MO 64111 061646533 SEE PART VII DE BVC C Corporation true false true false false false false false false false false false false false true true false false false false Schedule R, Part II, Column (b) Line 1 STOWERS POLICY INSTITUTE INC.'S ("SPI") PRIMARY ACTIVITY IS TO PROMOTE INNOVATIVE AND ETHICAL BIOMEDICAL RESEARCH, THERAPIES AND CURES, AND TO ADVOCATE FOR A POLITICAL, ECONOMIC AND SOCIAL ENVIRONMENT THAT ADVANCES, FACILITATES, AND PROTECTS THAT RESEARCH AND THOSE THERAPIES AND CURES. Schedule R, Part IV, Column (b) Line 1 BIOMED VALLEY DISCOVERIES, INC.'S ("BVD") PRIMARY ACTIVITY IS THE DEVELOPMENT AND MARKETING OF SCIENTIFIC DISCOVERIES. BIOMED VALLEY CORPORATION ("BVC") IS THE 100% OWNER OF BVD STOCK.