2024-11-14T12:21:40-06:00 2024-06-30 420714325 RSM US LLP 30 SOUTH WACKER DR SUITE 3300 CHICAGO IL 606063392 990 2023-07-01 822760376 THE MORGRIDGE INSTITUTE FOUNDATION INC MORG 6083164100 330 NORTH ORCHARD STREET MADISON WI 53715 KATHI STANEK CFO/COO/TREASURER 6083164100 2024-11-06 1 1 REBEKUH ELEY P01247672 3126343400 2024-11-06 2023 2024-10-15 13:58:12Z KATHI STANEK 330 NORTH ORCHARD STREET MADISON WI 53715 44197120 0 X N/A X 2017 WI THE MORGRIDGE INSTITUTE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF THE MORGRIDGE INSTITUTE FOR RESEARCH, INC., A TAX-EXEMPT 501(C)3 MEDICAL RESEARCH ORGANIZATION AFFILIATED WITH THE UNIVERSITY OF WISCONSIN - MADISON. THE FOUNDATION ADMINISTERS GIFTS, GRANTS, BEQUESTS, AND DEVISES TO PROMOTE, ENCOURAGE, AND AID THE MISSION AND VISION OF THE INSTITUTE, WHICH IS TO SOLVE MAJOR CHALLENGES TO 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. 17 13 0 0 -9502 0 28822102 25851740 0 0 -28567155 18345380 0 0 254947 44197120 14597802 19798141 0 0 0 0 0 0 0 1925223 2042771 16523025 21840912 -16268078 22356208 474107649 520497197 23675907 25304924 450431742 495192273 X THE MORGRIDGE INSTITUTE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF THE MORGRIDGE INSTITUTE FOR RESEARCH, INC., A TAX-EXEMPT 501(C)3 MEDICAL RESEARCH ORGANIZATION AFFILIATED WITH THE UNIVERSITY OF WISCONSIN - MADISON.THE FOUNDATION ADMINISTERS GIFTS, GRANTS, BEQUESTS, AND DEVISES TO PROMOTE, ENCOURAGE, AND AID THE MISSION AND VISION OF THE INSTITUTE, WHICH IS TO SOLVE MAJOR CHALLENGES TO 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. 0 0 19798141 19798141 THE FOUNDATION'S MISSION IS TO SUPPORT THE MORGRIDGE INSTITUTE FOR RESEARCH, INC. THE GRANT PROVIDED IS USED BY THE INSTITUTE TO CONDUCT, ENABLE, AND TRANSLATE INNOVATIVE, INTERDISCIPLINARY BIOMEDICAL RESEARCH. 19798141 1 1 0 0 0 0 0 0 0 1 0 0 0 0 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 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 17 13 1 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 WI X KATHI STANEK 6083164100 330 NORTH ORCHARD STREET MADISON WI 53715 BRAD SCHWARTZ CEO/TRUSTEE 0.25 40.00 X X 0 521700 50535 KATHI STANEK CFO/COO/TREASURER 0.25 40.00 X 0 339900 48592 BRIAN MATTMILLER CHIEF COMMUNICATIONS OFF./SECRETARY 0.25 40.00 X 0 218247 47845 JACQUELYN FREDRICK TRUSTEE/CHAIR 0.25 2.00 X X 0 15000 0 MARY BURKE TRUSTEE 0.25 2.00 X 0 15000 0 JOHN BURRIS TRUSTEE 0.25 2.00 X 0 15000 0 HARVEY COHEN TRUSTEE 0.25 2.00 X 0 15000 0 JAMES DAHLBERG TRUSTEE 0.25 2.00 X 0 15000 0 ERIK IVERSON TRUSTEE 0.25 4.00 X 0 15000 0 DEBORAH KELLER TRUSTEE 0.25 2.00 X 0 15000 0 PATRICIA LIPTON TRUSTEE 0.25 2.00 X 0 15000 0 JOHN NEIS TRUSTEE 0.25 2.00 X 0 15000 0 THOMAS PYLE JR TRUSTEE 0.25 2.00 X 0 15000 0 WINSLOW L SARGEANT TRUSTEE 0.25 2.00 X 0 15000 0 TESS MORGRIDGE GARDNER TRUSTEE 0.25 2.00 X 0 10000 0 ERIC MORGRIDGE TRUSTEE 0.25 2.00 X 0 10000 0 THOMAS KRUMMEL TRUSTEE (UNTIL 2/2024) 0.25 2.00 X 0 10000 0 FRED ROBERTSON TRUSTEE/VICE CHAIR 0.25 2.00 X X 0 0 0 JOHN MORGRIDGE TRUSTEE 0.25 2.00 X 0 0 0 TASHIA MORGRIDGE TRUSTEE 0.25 2.00 X 0 0 0 0 1274847 146972 0 0 1 0 0 25851740 25851740 5215026 -9502 5224528 13130354 0 13130354 13130354 13130354 44197120 0 -9502 18354882 19798141 19798141 2041083 2041083 1688 1688 21840912 19798141 2042771 0 15476771 8305836 0 73649 108741 0 444275746 492478245 14246391 19639467 474107649 520497197 23675907 25304924 23675907 25304924 X 436712133 481715453 13719609 13476820 450431742 495192273 474107649 520497197 X 22356208 22402894 1429 X 0 1 X 1 0 X X 1 THE MORGRIDGE INSTITUTE FOR RESEARCH INC 208325570 4 1 18358674 0 1 18358674 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 57214032 5013271 875904 61351399 43000421 13447702 2084505 1318596 57214032 47525009 -3696383 828205 43000421 38144135 10196311 815437 47525009 37663394 480741 38144135 1.00000 0 1 1 0 DUE TO MORGRIDGE INSTITUTE FOR RESEARCH 25304924 25304924 X PART V, LINE 4: THE ENDOWMENT IS AN UNRESTRICTED BOARD-DESIGNATED ENDOWMENT INTENDED TO FUND FUTURE ENDEAVORS OF THE MORGRIDGE INSTITUTE FOR RESEARCH ORGANIZATION IN FURTHERANCE OF ITS EXEMPT PURPOSE. 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 MORGRIDGE INSTITUTE FOR RESEARCH INC 330 N ORCHARD ST MADISON WI 53715 208325570 501(C)(3) 19798141 0 TO SUPPORT ONGOING RESEARCH & 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. 0 0 0 0 0 0 0 0 0 BRAD SCHWARTZ CEO/TRUSTEE 0 451863 0 69837 0 0 0 34248 0 16287 0 572235 0 0 KATHI STANEK CFO/COO/TREASURER 0 339900 0 0 0 0 0 24848 0 23744 0 388492 0 0 BRIAN MATTMILLER CHIEF COMMUNICATIONS OFF./SECRETARY 0 218247 0 0 0 0 0 24101 0 23744 0 266092 0 0 PART I, LINE 3 THE PROCESS FOR ESTABLISHING COMPENSATION FOR THE CEO/EXECUTIVE DIRECTOR IS CONDUCTED BY THE MORGRIDGE INSTITUTE FOR RESEARCH, A RELATED ORGANIZATION. THE PROCESS FOR ESTABLISHING COMPENSATION FOR THE CFO/COO IS CONDUCTED BY THE MORGRIDGE INSTITUTE FOR RESEARCH, A RELATED ORGANIZATION. THE PROCESS FOR ESTABLISHING COMPENSATION FOR THE CHIEF COMMUNICATIONS OFFICER/SECRETARY IS CONDUCTED BY THE MORGRIDGE INSTITUTE FOR RESEARCH, A RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 2 JOHN & TASHIA MORGRIDGE ARE BOTH MORGRIDGE INSTITUTE FOUNDATION 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 4 THE FOUNDATION UPDATED THEIR BYLAWS TO LIMIT THE NUMBER OF MEMBERS ON A COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7A INDIVIDUALS ARE APPOINTED TO THE BOARD OF TRUSTEES BY ACTION OF THE BOARD OF TRUSTEES OF THE MORGRIDGE INSTITUTE FOR RESEARCH, INC. 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 C, LINE 19 THESE DOCUMENTS ARE NOT MADE AVAILABLE. FORM 990, PART XI, LINE 9: DISCOUNT ON PLEDGES RECEIVABLE 1,429. THE MORGRIDGE INSTITUTE FOR RESEARCH INC 330 N ORCHARD ST MADISON WI 53715 208325570 RESEARCH WI 501(C)(3) LINE 4 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0