2025-05-14T08:22:42+00:00 2024-06-30 440160260 Forvis Mazars LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2023-07-01 203270502 STOWERS POLICY INSTITUTE INC STOW 8169264000 1000 EAST 50TH STREET KANSAS CITY MO 64110 JONATHAN THOMAS PRESIDENT 8169264000 2025-05-14 true Michael Engle P00482834 8162216300 2025-05-14 2023 2025-03-06 01:10:19Z JONATHAN THOMAS 1000 EAST 50TH STREET KANSAS CITY MO 64110 1069985 false X N/A X 2005 DE STOWERS POLICY INSTITUTE INC.'S ("SPI") EXEMPT PURPOSE IS TO PROMOTE INNOVATIVE AND ETHICAL BIOMEDICAL RESEARCH, THERAPIES, AND CURES BY ADVOCATING FOR AN ENVIRONMENT THAT ADVANCES, FACILITATES, AND PROTECTS THOSE ACTIVITIES. 4 1 0 1 0 0 0 0 0 0 176531 649100 0 0 176531 649100 200000 400000 0 0 0 0 0 0 0 47305 120297 247305 520297 -70774 128803 26782579 29082003 0 0 26782579 29082003 SEE SCHEDULE O false false 400000 400000 0 FINANCIAL SUPPORT - TO FURTHER SPI'S EXEMPT PURPOSE, SPI PROVIDED FINANCIAL SUPPORT TO OTHER 501(C)(4) TAX-EXEMPT ORGANIZATIONS THAT WERE ENGAGED IN ACTIVITIES DESCRIBED IN SPI'S PRIMARY EXEMPT PURPOSE. SPI PROVIDED THIS SUPPORT TO FACILITATE THESE ORGANIZATIONS' ABILITY 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. 400000 false false false false false false false false false false false false false false false true false false false false false false false false false false true false true false false false false false false false false false false false false false true false false true 2 0 true 0 false false false false false false false false X 4 1 true false false false false false false 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 1110953 79359 PENNY M SPENCE DIRECTOR/CFO/TREASURER 1.0 50.0 X X 0 715752 73207 RICHARD W BROWN DIRECTOR/PRESIDENT 1.0 48.0 X X 0 2963544 83699 DAVID A WELTE DIRECTOR 1.0 8.0 X 0 0 0 0 4790249 236265 0 false true false AMERICAN CENTURY INVESTMENTS 4500 MAIN STREET KANSAS CITY MO 64110 INDIRECT - SEE SCH O 230000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 675985 0 0 675985 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 394000 0 420885 0 -26885 0 -26885 0 0 -26885 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 649100 0 0 649100 400000 400000 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 55110 0 55110 0 56480 0 56480 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 Credit Losses 8707 0 8707 0 0 0 0 0 520297 400000 120297 0 7667 5871 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 26514199 28768076 247755 298056 0 0 0 12958 10000 26782579 29082003 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 26782579 29082003 0 0 0 0 0 0 0 0 26782579 29082003 26782579 29082003 128803 2170621 0 0 0 0 X false true X false false 2819721 2170621 0 0 0 2170621 649100 0 0 0 649100 520297 0 0 0 0 0 520297 0 0 0 520297 Schedule D, Part X, Line 2 FIN 48 (ASC 740) FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true MISSOURI COALITION FOR LIFESAVING CURES PO BOX 16580 CLAYTON MO 63105 203211862 501(C)(4) 400000 FINANCIAL SUPPORT TO EXEMPT ORGANIZATION, MISSOURI COALITION FOR LIFESAVING CURES, INC., THAT IS ACTIVELY ENGAGED IN SIMILAR ACTIVITIES AS DESCRIBED IN SPI'S EXEMPT PURPOSE. 0 1 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. SPI GIVES GRANTS TO OTHER 501(C)(4) ORGANIZATIONS THAT SHARE SPI'S PRIMARY EXEMPT PURPOSE DESCRIBED IN FORM 990, PART III, LINE 1. SPI RECEIVES REGULAR REPORTS FROM ITS GRANT RECIPIENTS THAT DETAIL HOW FUNDS WERE SPENT TO CONFIRM THEY WERE APPROPRIATE FOR THE PURPOSE OF THE GRANT. THESE REPORTS ARE REVIEWED BY SENIOR MANAGEMENT. false false false false false false false false false CHARLES GERMAN DIRECTOR/SECRETARY 0 1091685 0 0 0 19268 0 49500 0 29859 0 1190312 0 0 PENNY M SPENCE DIRECTOR/CFO/TREASURER 0 714942 0 0 0 810 0 49500 0 23707 0 788959 0 0 RICHARD W BROWN DIRECTOR/PRESIDENT 0 2909231 0 0 0 54313 0 49500 0 34199 0 3047243 0 0 Schedule J, Part I, Line 3 EXPLANATION OF COMPENSATION RICHARD W. BROWN RECEIVED COMPENSATION FROM STOWERS RESOURCE MANAGEMENT INC. ("SRM") IN HIS FULL TIME ROLE AS PRESIDENT OF SRM. PENNY M. SPENCE RECEIVED COMPENSATION FROM SRM IN HER FULL-TIME ROLE AS EXECUTIVE VICE-PRESIDENT AND CFO OF SRM. CHARLES GERMAN RECEIVED COMPENSATION FROM SRM IN HIS FULL-TIME ROLE AS EXECUTIVE VICE-PRESIDENT AND GENERAL COUNSEL OF SRM. SRM FOLLOWS THE PROCEDURES OF THE REBUTTABLE PRESUMPTION TO ESTABLISH THEIR COMPENSATION INCLUDING RETAINING THE SERVICES OF AN INDEPENDENT NATIONALLY KNOWN COMPENSATION CONSULTANT AND USING COMPENSATION COMMITTEES. Form 990, Part III, Line 1 ORGANIZATION'S MISSION STOWERS POLICY INSTITUTE ("SPI") OPERATES EXCLUSIVELY FOR THE PROMOTION OF PHILANTHROPIC SOCIAL WELFARE WITHIN THE MEANING OF CODE SECTION 501(C)(4). ITS EXEMPT PURPOSE 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. SPI ACTIVITIES TO FURTHER ITS MISSION COULD INCLUDE PUBLIC EDUCATION, LEGISLATIVE ADVOCACY, AND POLITICAL CAMPAIGNING; AS LONG AS SUCH ACTIVITY IS NOT SPI'S PRIMARY ACTIVITY. Form 990, Part VI, Line 2 BUSINESS RELATIONSHIPS DAVID A. WELTE, CHARLES GERMAN, AND RICHARD W. BROWN, DIRECTORS OF SPI, HAVE A BUSINESS RELATIONSHIP. PENNY M. SPENCE, CHARLES GERMAN, AND RICHARD W. BROWN, DIRECTORS OF SPI, HAVE A BUSINESS RELATIONSHIP. Form 990, Part VI, Line 15a LINE 15B - REASONABLENESS OF COMPENSATION PENNY M. SPENCE, CHARLES GERMAN AND RICHARD W. BROWN 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 SPI'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 MAZARS, LLP, THE INSTITUTE'S EXTERNAL TAX PREPARER, 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 SPI 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 SPI IS REQUIRED TO ANNUALLY COMPLETE AND SIGN A DISCLOSURE STATEMENT THAT IS PART OF THE POLICY. A COVERED PERSON MUST ALSO 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 OF DIRECTORS OR GOVERNANCE COMMITTEE 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. SPI 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 B, Line 1 AMERICAN CENTURY INVESTMENTS SPI RECEIVES INVESTMENT MANAGEMENT SERVICES FROM AMERICAN CENTURY INVESTMENTS ("ACI"). ACI IS A WHOLLY OWNED SUBSIDIARY OF AMERICAN CENTURY COMPANIES, INC. ("ACCI"). IN SELECTING ACI TO MANAGE ITS LIQUID INVESTMENTS, SPI NOT ONLY SELECTED A HIGH QUALITY MUTUAL FUND COMPANY WITH AN OUTSTANDING TRACK RECORD, BUT ALSO PLACED ITS LIQUID INVESTMENTS IN A COMPANY IN WHICH IT OWNS STOCK AND RECEIVES DIVIDENDS. SPI PAYS ACI THE SAME ADMINISTRATIVE FEE FOR THESE SERVICES AS ANY ARMS-LENGTH INVESTOR. Form 990, Part XII, Line 2c OVERSIGHT OF AUDIT THE BOARD IS RESPONISBLE FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE STATEMENTS. STOWERS SCIENTIFIC EDUCATION INSTITUTE 000 EAST 50TH STREET KANSAS CITY MO 64110 205916445 SUPPORT ORG DE 501(c)(3) Type I SIMR false STOWERS INSTITUTE FOR MEDICAL RESEARCH 1000 EAST 50TH STREET KANSAS CITY MO 64110 202993509 MED RESEARCH DE 501(c)(3) 4 NA false STOWERS RESOURCE MANAGEMENT 1000 EAST 50TH STREET KANSAS CITY MO 64110 412186719 SUPPORT ORG DE 501(c)(3) Type I SIMR false BIOMED VALLEY CORPORATION 1000 EAST 50TH STREET KANSAS CITY MO 64110 743238244 SUPPORT ORG DE 501(c)(3) Type I SIMR false THE GRADUATE SCHOOL OF SIMR 1000 EAST 50TH STREET KANSAS CITY MO 64110 464588696 EDUCATION MO 501(c)(3) 2 SIMR false STOWERS INVESTMENT HOLDING CORPORATION 000 EAST 50TH STREET KANSAS CITY MO 64110 920365628 TITLE HOLDING DE 501(c)(2) SRMSPI false STOWERS REAL ESTATE HOLDING CORPORATION 1000 EAST 5OTH STREET KANSAS CITY MO 64110 261472230 TITLE HOLDING DE 501(c)(2) SRM false BIOMED VALLEY DISCOVERIES INC 4435 MAIN ST SUITE 550 KANSAS CITY MO 64111 061646533 SEE PART VII DE NA C Corporation false false false false false false false false false false false false false false true true true false false false Schedule R, Part IV, Column (b) LINE 1 PRIMARY ACTIVITY BIOMED VALLEY DISCOVERIES, INC.'S ("BVD") PRIMARY ACTIVITY IS SCIENTIFIC DISCOVERIES DEVELOPMENT AND MARKETING OF SCIENTIFIC DISCOVERIES. BIOMED VALLEY CORPORATION ("BVC") IS 100% OWNER OF BVD'S STOCK.