2025-01-14T09:53:29-06:00 2024-08-31 990 2023-09-01 582229271 Robert W Woodruff Health Sciences Center Fund Inc ROBE 4045226755 191 Peachtree Street NE 3540 Atlanta GA 30303 P Russell Hardin President 4045226755 2025-01-14 1 2023 2024-10-15 13:58:12Z P Russell Hardin 191 Peachtree St NE 3540 Atlanta GA 30303 317062536 0 X N/A X 1996 GA To make grants and carry on other activities to support and benefit the Robert W. Woodruff Health Sciences Center, a division of Emory University which includes its schools of medicine, nursing, and public health and its medical research laboratories and hospitals. 5 5 14 0 0 0 17500036 0 0 0 76765766 104870728 0 0 94265802 104870728 45984140 50400000 0 0 306134 363088 0 0 0 624041 950491 46914315 51713579 47351487 53157149 1162091366 1215248476 386 347 1162090980 1215248129 X To make grants and carry on other activities to support and benefit the Robert W. Woodruff Health Sciences Center, a division of Emory University which includes its schools of medicine, nursing, and public health and its medical research laboratories and hospitals. 0 0 22522550 22422000 More than half of the annual funding distributed by the Woodruff Fund was designated to support the programs and facilities of the Winship Cancer Institute at Emory University. Winship is Georgia's only NCI-designated comprehensive cancer center. Woodruff Fund grants were used to recruit and retain faculty for dual appointments at Emory's medical school and the Winship Cancer Institute and to fund significant faculty research projects in cancer prevention, detection and treatment. More than one-third of the funds dedicated to support programs were used to support Winship's clinical trials program. Other significant allocations of program funds were made for information technology and data management, support of Winship's biostatistics and bioinformatics programs, and for supporting Winship's administration, shared resources, and its NCI cancer center support grant. Almost half of the distributions to Winship are allocated to pay for facilities.In March 2024, the Woodruff Fund made a multi-year commitment to fund an extraordinary effort to grow Winship with a focus on improving the patient experience and better aligning research programs with patient care. Consistent with that commitment, the Woodruff Fund agreed to redesignate to the "Bigger, Better Winship" plan some funds previously paid to support Woodruff Health Sciences Center facilities and to increase distributions from the Woodruff Fund to Emory in future fiscal years. Accomplishments from this investment will be reported starting with next year's return. 22076558 21978000 Woodruff Fund grants supported strategic academic and research initiatives in the medical institutions that make up Emory's Woodruff Health Sciences Center. Significant support during this fiscal year was directed to Emory's School of Medicine to recruit a new leader for the school's Pathology Department and to support programs in the Office of Student Success. Significant new investments were made in a comprehensive digital transformation plan for the Woodruff Health Sciences Center, a new Global Diabetes Research Center and in Emory's Center for New Medicines. The Woodruff Fund also invested in plans to develop maternal health programs in partnership with Morehouse School of Medicine and Grady Health System. Additional support was provided for strategic investments in Emory's Rollins School of Public Health; the Yerkes Primate Research Center; the Georgia Clinical and Translational Sciences Alliance; and Emory's Immunology and Vaccine Research Center. A significant portion of the distributions to Emory's Woodruff Health Sciences Center are used to pay for facilities, including Emory's biomedical research facilities and School of Medicine building. 6026906 6000000 The Woodruff Fund oversees a separate investment account intended to grow research capacity for the Emory + Children's Pediatric Research Institute. In this fiscal year, the Fund disbursed $6 million toward a multi-year plan to recruit pediatric investigators focused on childhood cancer, cardiac and brain medicine, Sickle Cell disease, and Cystic Fibrosis. 50626014 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 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 X 7 0 14 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X Erik S Johnson 4045226755 191 Peachtree Street NE Suite 3540 Atlanta GA 30303 E JENNER WOOD III TRUSTEE CHAIRMAN 2.00 X 5000 0 0 JOHN G RICE TRUSTEE VICE CHAIRMAN 1.00 X 5000 0 0 TIMOTHY C ROLLINS TRUSTEE 1.00 X 5000 0 0 LAWRENCE L GELLERSTEDT III TRUSTEE- ELECTED 03/28/2023 1.00 X 5000 0 0 KATHELEN V AMOS TRUSTEE- ELECTED 03/28/2023 1.00 X 5000 0 0 P RUSSELL HARDIN PRESIDENT 4.00 X 59317 0 6209 ERIK S JOHNSON SECRETARY/VICE PRESIDENT 4.00 X 34901 0 5422 ELI P NIEPOKY TREASURER 4.00 X 30917 0 6344 THOMAS J LAWLEY TRUSTEE- RETIRED 03/28/2023 1.00 40.00 X 2500 158451 29511 152635 158451 47486 0 1 1 0 BLACKROCK FINANCIAL MANAGEMENT INC 55 EAST 52ND STREET NEW YORK NY 10055 INVESTMENT MANAGER 674499 TRUIST BANK 303 PEACHTREE ST ATLANTA GA 30308 INVESTMENT ADVISOR 147088 2 43995194 43995194 273067342 212191808 60875534 60875534 60875534 104870728 0 0 104870728 50400000 50400000 209018 118051 90967 103538 57202 46336 12069 6557 5512 26081 14063 12018 12382 6781 5601 3099 3099 1958 1958 896962 896962 2819 1550 1269 7830 4307 3523 25253 13889 11364 1772 1380 392 5114 1523 3591 860 473 387 4181 4181 Organization dues 211 211 432 238 194 51713579 50626014 1087565 0 5202 6185 262617 229635 41280 39573 2567 1707 732445064 731020521 429305567 483910613 70349 79815 1162091366 1215248476 386 347 386 347 X 0 0 0 0 1162090980 1215248129 1162090980 1215248129 1162091366 1215248476 53157149 0 X 0 0 0 X X 1 Emory University 580566256 2 1 50400000 0 1 50400000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Schedule A, Part IV, Section C Almost all trustees of Robert W. Woodruff Health Sciences Center Fund, Inc. are actively involved in the management, supervision, or control of Emory University's Robert W. Woodruff Health Sciences Center as trustees, trustees emeritus, or members of management. Woodruff Fund Chairman E. Jenner Wood III is a trustee emeritus of Emory University and former chairman of its finance committee. John Rice is an Emory trustee and chairman of the Woodruff Health Sciences Center. Timothy Rollins is an Emory trustee and serves on its Woodruff Health Sciences Center committee. Kathelen Amos is an Emory University trustee and serves on its Woodruff Health Sciences Center committee. Lawrence Gellerstedt III chairs the board of Grady Health System, which is a key business partner of Emory's Woodruff Health Sciences Center. Executive management of Emory's Woodruff Health Sciences Center and Emory University's president participate in all meetings of the Woodruff Fund's trustees. Control of the Woodruff Fund is structured in a manner to ensure the Woodruff Fund is organized and operated for the benefit of and is supervised or controlled in connection with Emory's Woodruff Health Sciences Center and to ensure the Woodruff Fund is responsive to the needs and requirements of the Woodruff Health Sciences Center and its related institutions. 12906 11199 1707 28374 28374 0 1707 THE COCA-COLA COMPANY STOCK 392430010 C ARROWSTREET US SMALL CAP EQUITY 15480603 C BLACKROCK GLOBAL MARKET STRATEGIES FUND 15000000 C BLACKROCK MULTI-STRATEGY ABSOLUTE RETURN FUND 61000000 C 483910613 457b Plan 194 Benefit Plan 153 347 1 EMORY UNIVERSITY 1440 Clifton Road NE Atlanta GA 30322 580566256 501(c)(3) 44400000 0 Support Winship Cancer Institute and Woodruff Health Sciences Center programs and facilities EMORY UNIVERSITY 1440 Clifton Road NE Atlanta GA 30322 580566256 501(c)(3) 6000000 0 Support for pediatric research plan 1 Part I, Line 2: Woodruff Fund officers meet regularly and often with the CEO of the Woodruff Health Sciences Center, the Dean of the Emory School of Medicine, the Director of the Winship Cancer Institute and their staffs to discuss projects using Woodruff Fund grant money. Woodruff Fund trustees and officers receive formal written reports at least twice per year describing actions taken since the last report for each programmatic initiative using Woodruff Fund grant money. The Woodruff Fund board meets two times per year, at which time senior staff from the Woodruff Health Sciences Center institutions report in person on the use of grant funds. Woodruff Fund trustees also serve significant roles on the governing board of Emory University and its Woodruff Health Sciences Center, from which positions they may monitor the use of Woodruff Fund grant money. X 0 1 X X 0 1 0 0 0 0 0 0 0 THOMAS J LAWLEY TRUSTEE- RETIRED 03/28/2023 2500 158451 0 0 0 0 0 0 0 29511 2500 187962 0 0 Part I, Line 1a The organization pays each employee's share of Social Security and Medicare taxes on the cost of excess group-term life included in gross wages. The policy and associated gross-up payments cover all employees. Part I, Line 1b The organization does not have a written policy regarding tax gross-up payments; however, management approves the payments each year. Part I, Line 4b The Foundation credited Erik Johnson with $1,116 and Eli Niepoky with $505 to an unfunded, unvested 457(f) Plan. Form 990, Part V, Lines 2a and 2b: The organization participates in a common administrative arrangement with five other charitable organizations. All employees are paid by a common paymaster that remits all payroll taxes and files the associated W-2s. Each organization reimburses the common paymaster for its proportionate share of administrative expenses. Fourteen individuals were employed during the calendar year. Form 990, Part VI, Section A, line 2 Certain Fund trustees and officers shared business relationships during the reporting year. E. Jenner Wood III, Chairman, and P. Russell Hardin, President of the Woodruff Fund, both serve as directors of the Genuine Parts Company, a publicly traded corporation that is unrelated to the Woodruff Fund. Form 990, Part VI, Section B, line 11b The Form 990 is prepared with financial data which has been reviewed by the governing board. The Assistant Controller prepares the 990 with the aid of tax preparation software. Numbers are verified against financial statements. The 990 is then reviewed by the Controller, Treasurer, Secretary and President. The draft 990 is distributed to all governing board members for their review prior to filing, leaving adequate time for comments and corrections. Form 990, Part VI, Section B, line 12c Officers and trustees disclose annually those affiliations which may give rise to a conflict of interest. The Secretary keeps conflict disclosures on file. Trustees consider conflicts or potential conflicts before making grant determinations. Disclosure is made on the record. Officers consult the list of conflicts or potential conflicts when making vendor decisions. Form 990, Part VI, Section B, line 15 The governing board determines compensation for all officers and staff. In setting compensation, trustees consult two independent compensation studies showing compensation data at comparable organizations. Individual compensation amounts are evaluated and determined annually as part of the budgeting process conducted at the board's March meeting; calendar year 2024 compensation was determined during the March 2024 board meeting. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy and financial statements are kept by the organization's Secretary and are made available upon request. Emory University 1440 Clifton Road NE Atlanta GA 30322 580566256 Education, Research GA 501(C)(3) 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0