2026-05-12T07:49:57-05:00 2025-12-31 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD SUITE 302 WESTBOROUGH MA 01581 990 2025-01-01 833891656 THE TERMEER INSTITUTE INC TERM 6179574054 PO BOX 425003 CAMBRIDGE MA 02142 BELINDA TERMEER PRESIDENT 6179774054 2026-05-12 1 LINDA M SMITH CPA P00316105 5088717178 2026-05-12 2025 2025-03-06 01:10:19Z X BELINDA TERMEER PO BOX 425003 CAMBRIDGE MA 02142 2105285 0 X WWW.TERMEERINSTITUTE.ORG X 2019 MA THE TERMEER INSTITUTE IS A CATALYST FOR INNOVATION THAT BRINGS LIFE-CHANGING TREATMENTS TO PATIENTS WORLDWIDE BY EMPOWERING THE NEXT GENERATION OF GLOBAL LIFE SCIENCE LEADERS. WE ADDRESS A CRITICAL GAP IN THE INDUSTRYTHE HUMAN VARIABLEBY CULTIVATING AND PROVIDING TAILORED SUPPORT TO A DIVERSE COMMUNITY OF LIFE SCIENCE INNOVATORS AND VISIONARIES DEDICATED TO IMPROVING PATIENT LIVES AND TACKLING THE WORLD'S MOST PRESSING HEALTHCARE CHALLENGES. OUR VALUES-DRIVEN PROGRAMMING ENRICHES THE CORE ATTRIBUTES ESSENTIAL FOR TRANSFORMATIVE INNOVATION: RESPONSIBILITY, PASSION, CREATIVITY, HUMILITY, AND CONNECTIVITY. OUR PROGRAMS NURTURE TALENT ACROSS ALL CAREER STAGESFROM EMERGING PIONEERS TO ESTABLISHED EXPERTSSPANNING INDUSTRY AND ACADEMIA. 10 10 9 75 0 0 3448014 2060221 0 0 59703 45064 0 0 3507717 2105285 181475 39902 0 0 1149192 1258554 49272 4200 402711 998495 974085 2378434 2276741 1129283 -171456 2120553 1840279 303432 194614 1817121 1645665 X THE TERMEER INSTITUTE IS A CATALYST FOR INNOVATION THAT BRINGS LIFE-CHANGING TREATMENTS TO PATIENTS WORLDWIDE. WE SUPPORT AND EMPOWER BRILLIANT LIFE SCIENCE LEADERS TO ADVANCE GROUNDBREAKING, PATIENT-CENTERED SOLUTIONS. 0 0 1481766 39902 TO DATE, OVER 100 LEADERS FROM NINE COUNTRIES AND SIX STATES HAVE BENEFITTED FROM THE TERMEER INSTITUTE'S GROWING LEADERSHIP PROGRAMS. WE HAVE ALSO EXPANDED OUR NETWORK TO INCLUDE TERMEER SCHOLARS, ACADEMIC AND NON-PROFIT LEADERS SEEKING TO SCALE AND DISSEMINATE THEIR KNOWLEDGE TO IMPACT PATIENTS. IN 2025, WE ADDED NINE NEW SCHOLARS TO OUR NETWORK FOR A TOTAL OF 14 TERMEER SCHOLARS ACROSS THE US AND AFRICA. IN 2025, WE UPDATED THE SCHOLARS PROGRAM TO A COHORT MODEL TO FOCUS ON LEADERSHIP AND RESEARCH TRANSLATION SKILL DEVELOPMENT, IN REPONSE TO FEEDBACK FROM PRIOR YEAR SCHOLARS. IN 2025, THE TERMEER INSTITUTE TEAM CONTINUED TO BUILD ITS VALUES-BASED LEADERSHIP MODEL- DELIVERING 25 LEARNING SESSIONS, AWARDING 20 MICRO GRANTS FOR PROFESSIONAL LEADERSHIP DEVELOPMENT, PROVIDING 150 1:1 COACHING HOURS WITH CONSULTANTS AND EXECUTIVE COACHES, CREATING 200+ MENTORING AND ADVISING RELATIONSHIPS WITHIN THE TERMEER NETWORK, PROVIDING 100 HOURS OF VALUES-DRIVEN LEADERSHIP PROGRAMMING, AND ORGANIZING OVER 15 IN-PERSON NETWORKING OPPORTUNITIES TO CREATE CONNECTIONS. THE TERMEER INSTITUTE IS COMMITTED TO ENSURING THE INCLUSIVENESS OF ITS NETWORK, PARTICULARLY IN RECOGNITION OF THE UNDERREPRESENTATION OF WOMEN, PEOPLE WITH DISABILITIES, LGBTQIA+ AND BLACK, BROWN AND INDIGENOUS PEOPLE OF COLOR AT THE EXECUTIVE LEVEL WITHIN THE BIOPHARMACEUTICAL INDUSTRY. 1481766 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 MA CA CO CT DC FL GA HI KY ME MD MI NH NJ NM NY NC OK OR SC PA TX VT WA IL RI X X X CATHARINE SMITH 6179574054 PO BOX 425003 CAMBRIDGE MA 02142 BELINDA TERMEER PRESIDENT, SECRETARY, CO-FOUNDER 0.50 X X 0 0 0 ALAN WALTS TREASURER, CO-FOUNDER 0.50 X X 0 0 0 DEBORAH DUNSIRE DIRECTOR 0.50 X 0 0 0 GEOFF MCDONOUGH DIRECTOR 0.50 X 0 0 0 PAUL HASTINGS DIRECTOR 0.50 X 0 0 0 DANIEL DE BOER DIRECTOR 0.50 X 0 0 0 JOHN MARAGANORE DIRECTOR 0.50 X 0 0 0 JOAN REEDE DIRECTOR 0.50 X 0 0 0 ALICE POMPONIO DIRECTOR 0.50 X 0 0 0 GAIL MADERIS DIRECTOR 0.50 X 0 0 0 CATHARINE SMITH CEO 40.00 X 338830 0 33438 CHRISTINE COLE SENIOR DIRECTOR, PHILANTHROPY 40.00 X 234939 0 37682 ERICA MAWBY-ROCHE SENIOR DIRECTOR OF PROGRAM 40.00 X 168561 0 30168 742330 0 101288 3 0 1 0 0 2060221 2060221 45064 45064 2105285 0 0 45064 X 19000 19000 20902 20902 372268 260587 37227 74454 682415 459047 33793 189575 32222 21659 1586 8977 105169 65647 10992 28530 66480 46353 4573 15554 13445 13445 71170 71170 4200 4200 357279 184751 138308 34220 28465 6992 21473 11427 1142 6385 3900 157063 103623 13819 39621 51455 29221 22234 274407 262842 7885 3680 9374 9374 2276741 1481766 392264 402711 299059 283153 1534065 1367727 42500 91086 0 0 19500 13500 225429 84813 2120553 1840279 74850 108007 228582 86607 303432 194614 X 1817121 1645665 1817121 1645665 2120553 1840279 -171456 0 X 0 1 X 1 0 X 257782 1195382 924333 3448014 2060221 7885732 257782 1195382 924333 3448014 2060221 7885732 1027001 6858731 1764 16720 45863 59703 45064 169114 8054846 0.85150 0.57510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 OPERATING LEASE LIABILITY 86607 86607 2105285 0 2105285 0 2105285 2276741 0 2276741 0 2276741 1 BIOMEDICAL SCIENCE CAREERS PROJECT INC 164 LONGWOOD AVE 204 BOSTON MA 02115 043241307 501(C)3 6000 0 N/A N/A SPONSORSHIP BIOINNOVATION LABS LLC 139 MAIN ST STE 401 CAMBRIDGE MA 02142 611817020 501(C)3 10000 0 N/A SPONSORSHIP 2 0 PROFESSIONAL DEVELOPMENT GRANTS 7 20902 0 PART I, LINE 2: THE TERMEER FOUNDATION DISBURSES GRANTS THROUGH AN APPLICATION PROCESS. GRANTEES INFORM THE FOUNDATION OF THE USE OF FUNDS THROUGHOUT THE PROJECT AND PROVIDE A SUMMARY REPORT AT THE END OF THE GRANT PERIOD. X X 0 0 0 0 0 0 0 0 0 CATHARINE SMITH CEO 282318 0 56512 0 0 0 15780 0 17658 0 372268 0 0 0 CHRISTINE COLE SENIOR DIRECTOR, PHILANTHROPY 230633 0 4306 0 0 0 11086 0 26596 0 272621 0 0 0 ERICA MAWBY-ROCHE SENIOR DIRECTOR OF PROGRAM 166801 0 1760 0 0 0 10120 0 20048 0 198729 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEWS A DRAFT COPY OF THE 990 AND DIRECTS ANY QUESTIONS OR CORRECTIONS TO THE 990 PREPARER PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST OR PERSONAL INTEREST AND ALL MATERIAL FACTS TO THE DIRECTORS, OFFICERS AND MEMBERS OF ANY COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST OR PERSONAL INTEREST, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION HAS ADOPTED A POLICY FOR DETERMINING COMPENSATION, IF AND WHEN HIRING OCCURS, THAT INCLUDES 1)INDIVIDUALS THAT APPROVE COMPENSATION ARRANGEMENTS FOLLOW THE ORGANZIATION'S CONFLICT OF INTEREST POLICY, 2)COMPENSATION ARRANGEMENTS ARE APPROVED IN ADVANCE OF PAYING COMPENSATION, 3)DATES AND TERMS OF APPROVED COMPENSATION ARRANGEMENTS ARE DOCUMENTED IN WRITING, 4)RECORDING IN WRITING THE DECISION MADE BY EACH INDIVIDUAL WHO DECIDED OR VOTED ON THE COMPENSATION ARRANGEMENT, 5)APPROVING COMPENSATION ARRANGEMENTS BASED ON INFORMATION ABOUT COMPENSATION PAID BY SIMILARLY SITUATED TAXABLE OR TAX-EXEMPT ORGANIZATIONS FOR SIMILAR SERVICES, CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS, OR ACTUAL WRITTEN OFFERS FROM SIMILARYLY SITUATED ORGANIZATIONS, AND 6)RECORDING IN WRITING BOTH THE INFORMATION RELIED ON AND ITS SOURCE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANZIATION'S GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY (CONTAINED WITHIN ITS BYLAWS), AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PUBLIC RELATIONS: PROGRAM SERVICE EXPENSES 76,480. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 76,480. OTHER PROFESSINAL FEES: PROGRAM SERVICE EXPENSES 108,271. MANAGEMENT AND GENERAL EXPENSES 134,263. FUNDRAISING EXPENSES 34,220. TOTAL EXPENSES 276,754. PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,045. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,045.