Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
MediumBullet Do not enter Social Security numbers on this form as it may be made public. By law, the IRS
generally cannot redact the information on the form.
MediumBullet Information about Form 990 and its instructions is at www.IRS.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
A For the 2013 calendar year, or tax year beginning 01-01-2013 , 2013, and ending 12-31-2013
BCheck if applicable:
CName of organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
ONE GUSTAVE L LEVY PLACE
Suite
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY10029
D Employer identification number

13-6171197
E Telephone number

G Gross receipts $ 1,650,143,474
F Name and address of principal officer:
STEPHEN HARVEY
One Gustave L Levy Place
New York,NY10029
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
http://WWW.ICAHN.MSSM.EDU
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1964
M State of legal domicile: NY
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: SEE SCHEDULE O
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 56
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 50
5 Total number of individuals employed in calendar year 2013 (Part V, line 2a) ...... 5 9,647
6 Total number of volunteers (estimate if necessary) ............. 6 533
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 159,639
b Net unrelated business taxable income from Form 990-T, line 34 ......... 7b 120,334
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 143,059,000 173,606,651
9 Program service revenue (Part VIII, line 2g) ......... 1,285,196,533 1,350,922,320
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 34,781,981 35,467,354
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 107,746,968 88,014,733
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 1,570,784,482 1,648,011,058
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 3,169,636 8,755,856
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 1,014,398,886 1,150,124,616
16a Professional fundraising fees (Part IX, column (A), line 11e)..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet6,517,954    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 474,324,050 470,593,955
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 1,491,892,572 1,629,474,427
19 Revenue less expenses. Subtract line 18 from line 12....... 78,891,910 18,536,631
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 2,206,505,880 2,280,446,792
21 Total liabilities (Part X, line 26)............. 1,171,600,354 1,156,422,729
22 Net assets or fund balances. Subtract line 21 from line 20..... 1,034,905,526 1,124,024,063
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ............
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2013)
Form 990 (2013)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III ..............
1
Briefly describe the organization’s mission: SEE SCHEDULE O
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ......................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ............................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 242,391,977 including grants of $ 8,755,856 ) (Revenue $ 213,201,263 )
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI IS RESPONSIBLE FOR THE CERTIFICATION OF PHYSICIANS AT THE UNDERGRADUATE, GRADUATE AND POST-GRADUATE LEVELS AS WELL AS THE CERTIFICATION OF BIOMEDICAL SCIENTISTS AT THE GRADUATE LEVEL.
4b (Code:   ) (Expenses $ 276,161,325 including grants of $ 0 ) (Revenue $ 344,146,868 )
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI CONDUCTS RESEARCH IN THE AREAS OF BIOLOGICAL, SOCIAL AND PHYSICAL SCIENCES. FUNDAMENTAL AND APPLIED RESEARCH IS PRIMARILY ENTERED IN GEOGRAPHIC PROXIMITY TO CLINICAL FACILITIES.
4c (Code:   ) (Expenses $ 866,628,718 including grants of $ 0 ) (Revenue $ 801,099,993 )
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI PROVIDES BASIC AND TERTIARY PHYSICIANS SERVICES TO PATIENTS ON AN ONGOING BASIS.
4d Other program services (Describe in Schedule O.)
(Expenses $ 0 including grants of $ 0 ) (Revenue $ 0 )
4e Total program service expensesMediumBullet1,385,182,020
Form 990 (2013)
Form 990 (2013)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment........................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? Click to see attachment...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II........
4
 
No
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C,
Part III............................
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III Click to see attachment....................
8
 
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part VClick to see attachment......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10?
If "Yes," complete Schedule D, Part VI.Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment............
11d
Yes
 
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment.........................
11f
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If "Yes," complete Schedule D, Parts XI and XII Click to see attachment.................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule EClick to see attachment....
13
Yes
 
14a
Did the organization maintain an office, employees, or agents outside of the United States?.....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV......... Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IVClick to see attachment
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV... Click to see attachment
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I (see instructions).... Click to see attachment
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............ Click to see attachment
18
Yes
 
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III................... Click to see attachment
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
Form 990 (2013)
Form 990 (2013)
Page 4
Part IV
Checklist of Required Schedules (continued)
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II... Click to see attachment
21
Yes
 
22
Did the organization report more than $5,000 of grants or other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........ Click to see attachment
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a................ Click to see list of attachments
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
Yes
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
No
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I........ Click to see attachment
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I................... Click to see attachment
25b
 
No
26
Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If so, complete Schedule L, Part II.................... Click to see attachment
26
Yes
 
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part III......... Click to see attachment
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV .......................... Click to see attachment
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If "Yes,"
complete Schedule L, Part IV..................... Click to see attachment
28b
Yes
 
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV... Click to see attachment
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..Click to see attachment
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M............. Click to see attachment
30
Yes
 
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N,
Part I...........................
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II......................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I........ Click to see attachment
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1........................ Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2... Click to see attachment
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2............. Click to see attachment
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2013)
Form 990 (2013)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V ..............
Yes
No
1a
Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable ..
1a
1,585
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
9,647
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?..........................
4a
 
No
b
If "Yes," enter the name of the foreign country: MediumBullet
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
Yes
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided?.....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
No
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?............................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?............................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?............
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?..........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?.......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year. ....................
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
Form 990 (2013)
Form 990 (2013)
Page 6
Part VI
Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI ..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year .....................
1a
56
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent ...................
1b
50
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? ...........................
4
Yes
 
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
Yes
 
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
Yes
 
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done.......................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
NY
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization:
MediumBulletSTEPHEN HARVEY633 3RD AVENUE 10TH FLOOR - BOX 45New YorkNY10017 (212) 731-3413
Form 990 (2013)
Form 990 (2013)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII ..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) peter w may........................................................................
Chairman of board of trustees
 2.0
.......................14.0 		X   X            
(2) frederick A klingenstein........................................................................
honorary chairman/trustee
 2.0
.......................10.0 		X   X            
(3) donald j gogel........................................................................
senior vice chairman/trustee
 2.0
.......................12.0 		X   X            
(4) michael minikes........................................................................
senior vice chairman/trustee
 1.0
.......................8.0 		X   X            
(5) robert e rubin........................................................................
senior vice chairman/trustee
 2.0
.......................10.0 		X   X            
(6) james w crystal........................................................................
vice chairman/trustee
 2.0
.......................10.0 		X   X            
(7) glenn dubin........................................................................
vice chairman/trustee
 2.0
.......................10.0 		X   X            
(8) joel s ehrenkranz........................................................................
vice chairman/trustee
 2.0
.......................12.0 		X   X            
(9) ellen katz........................................................................
vice chairMAN/trustee
 2.0
.......................12.0 		X   X            
(10) henry r kravis........................................................................
vice chairman/trustee
 2.0
.......................10.0 		X   X            
(11) john a levin........................................................................
vice chairman/trustee
 2.0
.......................12.0 		X   X            
(12) eric mindich........................................................................
vice chairman/trustee
 2.0
.......................12.0 		X   X            
(13) Andrew m saul........................................................................
vice chairman/trustee
 2.0
.......................13.0 		X   X            
(14) thomas w strauss........................................................................
vice chairman/trustee
 2.0
.......................12.0 		X   X            
(15) thomas r block........................................................................
treasurer/trustee
 2.0
.......................2.0 		X   X            
(16) christopher w brody........................................................................
Trustee
 1.0
.......................1.0 		X                
(17) charles r bronfman........................................................................
Trustee
 1.0
.......................0.0 		X                
Form 990 (2013)
Form 990 (2013)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) jean c crystal........................................................................
Trustee
 1.0
.......................0.0 		X                
(19) steven g einhorn........................................................................
Trustee
 1.0
.......................0.0 		X                
(20) blaine v fogg........................................................................
SEC/VICE CHAIRMAN/TRUSTEE
 1.0
.......................8.0 		X   X            
(21) richard a friedman........................................................................
VICE CHAIRMAN/TRUSTEE
 2.0
.......................10.0 		X   X            
(22) arne glimcher........................................................................
Trustee
 1.0
.......................0.0 		X                
(23) Michael s gross........................................................................
Trustee (ex-officio)
 1.0
.......................0.0 		X                
(24) vicki gross........................................................................
trustee (ex-officio)
 1.0
.......................0.0 		X                
(25) george j grumbach jr........................................................................
trustee
 1.0
.......................1.0 		X                
(26) carl c icahn........................................................................
trustee
 1.0
.......................0.0 		X                
(27) lewis p jones........................................................................
trustee
 1.0
.......................0.0 		X                
(28) patricia s levinson........................................................................
trustee
 1.0
.......................5.0 		X                
(29) bernard w nussbaum........................................................................
trustee
 1.0
.......................6.0 		X                
(30) judith O rubin........................................................................
trustee
 1.0
.......................6.0 		X                
(31) stephen l schwartz........................................................................
trustee
 1.0
.......................0.0 		X                
(32) daniel h stern........................................................................
trustee
 1.0
.......................0.0 		X                
(33) michael j urfirer........................................................................
trustee
 1.0
.......................0.0 		X                
(34) robert friedman........................................................................
trustee
 1.0
.......................0.0 		X                
(35) robin neustein........................................................................
trustee
 1.0
.......................0.0 		X                
(36) eric m ruttenberg........................................................................
trustee
 1.0
.......................1.0 		X                
(37) JENNIFER PRICE........................................................................
trustee (ex-officio)
 1.0
.......................1.0 		X                
(38) RICHARD RAVITCH........................................................................
VICE CHAIRMAN/TRUSTEE
 2.0
.......................12.0 		X   X            
(39) Gail GoldenIcahn........................................................................
trustee
 1.0
.......................0.0 		X                
(40) BOBBIE ABRAMS........................................................................
TRUSTEE
 1.0
.......................4.5 		X                
(41) LEON D BLACK........................................................................
TRUSTEE
 1.0
.......................0.0 		X                
(42) TANVIR CHOUDHRI MD........................................................................
TRUSTEE (ex-officio)
 1.0
.......................0.0 		X                
(43) EVA ANDERSSON DUBIN MD........................................................................
TRUSTEE
 1.0
.......................1.0 		X                
(44) JAMES E FLYNN........................................................................
TRUSTEE
 1.0
.......................6.5 		X                
(45) JEROME GOLDSTEIN........................................................................
TRUSTEE
 1.0
.......................4.5 		X                
(46) RICHARD A GOLDSTEIN........................................................................
TRUSTEE
 1.0
.......................5.5 		X                
(47) STEVE HOCHBERG........................................................................
SENIOR VICE CHAIRMAN/TRUSTEE
 2.0
.......................16.5 		X   X            
(48) MORTON P HYMAN........................................................................
VICE CHAIRMAN/TRUSTEE
 2.0
.......................13.5 		X   X            
(49) BRAD KARP........................................................................
TRUSTEE
 1.0
.......................1.0 		X                
(50) JAMES KEMPNER........................................................................
TRUSTEE
 3.0
.......................3.0 		X                
(51) EUGENE MERCY JR........................................................................
TRUSTEE
 1.0
.......................6.5 		X                
(52) ALICE NETTER........................................................................
TRUSTEE
 1.0
.......................5.5 		X                
(53) LEWIS C PELL........................................................................
TRUSTEE
 1.0
.......................4.5 		X                
(54) JOEL I PICKET........................................................................
VICE CHAIRMAN/TRUSTEE
 2.0
.......................12.5 		X   X            
(55) WILLIAM H WRIGHT II........................................................................
TRUSTEE
 1.0
.......................5.5 		X                
(56) DR JEFFREY T LAITMAN........................................................................
Trustee (Ex-Officio)
 55.0
.......................0.0 		X           0 199,790 47,992
(57) Kenneth L Davis MD........................................................................
Chief Executive Officer
 17.0
.......................40.0 		    X       1,856,482 2,230,122 59,500
(58) Dennis Charney MD 1........................................................................
DEAN
 44.0
.......................15.0 		    X       1,523,643 0 44,090
(59) donald t scanlon........................................................................
EVP, FINANCE/CHIEF CORP. SRVCS
 17.0
.......................45.5 		    X       723,742 870,338 55,432
(60) jeffrey silberstein........................................................................
EVP, CHIEF OPERATING OFFICER
 17.0
.......................39.0 		    X       486,542 584,968 42,090
(61) stephen harvey........................................................................
SVP, CHIEF FINANCIAL OFFICER
 55.0
.......................4.0 		    X       711,564 0 71,721
(62) mark kostegan fahp........................................................................
SVP, CHIEF DEVELOPMENT OFFICER
 33.0
.......................25.0 		    X       922,278 464,913 45,562
(63) jane maksoud........................................................................
SVP, CHIEF HUMAN RESOURCES
 17.0
.......................39.0 		    X       397,079 352,127 58,436
(64) JAMES S TISCH........................................................................
senior vice chairman
 2.0
.......................12.0 		    X            
(65) frank cino........................................................................
Senior VP, Chief Risk Officer
 10.0
.......................46.0 		    X       206,250 336,512 49,358
(66) margaret pastuszko........................................................................
EVP, CHIEF INTEGRATION OFFICER
 18.0
.......................38.0 		    X       426,499 505,619 53,368
(67) KUMAR CHATANI........................................................................
SVP, CHIEF INFORMATION OFFICER
 8.0
.......................48.0 		    X       87,048 678,866 43,010
(68) MARK CALLAHAN MD........................................................................
EVP, CHIEF EXEC. OFFICER FPA
 17.0
.......................40.0 		    X       397,941 300,489 33,403
(69) JEREMY BOAL MD........................................................................
EVP CHIEF MEDICAL OFFICER
 1.0
.......................56.0 		    X       0 749,581 14,039
(70) BETH ESSIG........................................................................
EVP, GENERAL COUNSEL
 17.0
.......................40.5 		    X       65,897 765,607 39,160
(71) ARTHUR KLEIN MD........................................................................
EVP, PRES OF HEALTH NETWORK
 1.0
.......................58.0 		    X       0 1,269,101 9,049
(72) LEONARD ACHAN........................................................................
SVP, CHIEF MARKETING OFFICER
 11.0
.......................45.0 		    X       177,290 316,693 49,274
(73) MARC NAPP MD........................................................................
SVP, CHIEF MEDICAL AFFAIRS OFF
 1.0
.......................56.0 		    X       0 243,124 14,466
(74) MICHAEL SCHAFFER........................................................................
SVP, COO OF FPA
 55.0
.......................0.0 		    X       488,285 0 29,341
(75) jane whitney........................................................................
vp & chief compliance officer
 26.0
.......................30.0 		      X     149,850 162,338 41,618
(76) BARABRA MURPHY MD........................................................................
CHAIRMAN DEPT. OF MEDICINE
 55.0
.......................0.0 		      X     905,769 0 49,406
(77) David B Samadi MD........................................................................
ASSOCIATE PROFESSOR
 55.0
.......................0.0 		        X   9,112,692 0 23,709
(78) Samin Sharma MD........................................................................
PROFESSOR
 55.0
.......................0.0 		        X   4,649,792 0 47,253
(79) Andrew Hecht MD........................................................................
CHIEF
 55.0
.......................0.0 		        X   9,319,495 0 41,575
(80) SHEERAZ QURESHI MD........................................................................
ASSOCIATE PROFESSOR
 55.0
.......................0.0 		        X   6,228,992 0 39,785
(81) DAVID ADAMS MD1........................................................................
CHAIRMAN
 55.0
.......................1.0 		        X   4,509,038 0 45,540
(82) michael macdonald2........................................................................
former officer
 28.0
.......................29.0 		          X 481,580 481,580 58,332
(83) deborah Marin md2........................................................................
former officer
 17.0
.......................38.0 		          X 135,505 316,180 38,755
(84) elana abraham 23........................................................................
former officer
 14.0
.......................42.0 		          X 0 240,306 50,812
(85) jessica moise2........................................................................
former officer
 55.0
.......................0.0 		          X 168,061 0 36,160
(86) john morrison 124........................................................................
former officer
 55.0
.......................0.0 		          X 460,373 0 50,769
(87) jasmin moshirpur md2........................................................................
former officer
 55.0
.......................0.0 		          X 536,802 0 68,908
(88) david muller md24........................................................................
former officer
 55.0
.......................0.0 		          X 441,287 0 45,453
(89) barry stimmel md2........................................................................
former officer
 46.0
.......................9.0 		          X 187,711 35,224 56,252
(90) hugh sampson md2........................................................................
former officer
 55.0
.......................0.0 		          X 495,767 0 40,213
(91) maureen milici 2........................................................................
former officer
 55.0
.......................0.0 		          X 157,781 0 0
(92) LYNN kasner-morgan2........................................................................
former officer
 55.0
.......................0.0 		          X 102,104 0 8,281
(93) phyllis schnepf2........................................................................
former officer
 55.0
.......................0.0 		          X 353,557 0 42,971
(94) Douglas Jabs MD2........................................................................
former officer
 55.0
.......................1.0 		          X 845,256 0 48,098
(95) philip landrigan 24........................................................................
former officer
 55.0
.......................0.0 		          X 450,842 0 56,145
(96) CONNIE C KLEPPER2........................................................................
former officer
 28.0
.......................29.0 		          X 151,991 151,991 37,044
(97) ROBERT DESNICK 24........................................................................
former officer
 55.0
.......................0.0 		          X 251,181 0 60,120
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 48,565,966 11,255,469 1,746,490
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organizationMediumBullet2,360
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
MCKESSON SPECIALTY CARE, ONE POST STREETSAN FRANCISCOCA94104 MEDICAL 3,874,278
JACKSON LABORATORY, 600 MAIN STREETBAR HARBORMN04609 LAB SERVICES 1,379,137
CHARLES RIVER LABORATORIES, 251 BALLARDVALE STREETWILMINGTONMA01887 LAB SERVICES 1,167,234
BRIGHAM AND WOMEN'S HOSPITAL, 75 FRANCIS STREETBOSTONMA02115 HOSPITAL 928,212
INSTITUTE FOR FAMILY HEALTH, 16 EAST 16TH STREETNEW YORKNY10003 HOSPITAL 923,298
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet75
Form 990 (2013)
Form 990 (2013)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII .............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512-514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c 7,896,732
d Related organizations...1d 32,158,629
e Government grants (contributions)1e 175,938
f All other contributions, gifts, grants, and
similar amounts not included above1f 		133,375,352
g Noncash contributions included in lines
1a-1f:$ 		3,994,375
h Total. Add lines 1a-1f.......MediumBullet 173,606,651
Program Service RevenueAmt Business Code
2a PATIENT CARE/LAB SERVICES 621500 598,068,995 598,068,995    
b FEDERAL CONTRACTS 541700 277,758,558 277,758,558    
c NYC HEALTH AND HOSP. CORP. 621400 203,030,998 203,030,998    
d MOUNT SINAI HOSPITAL CARTS 561000 178,370,577 178,370,577    
e PRIVATE CONTRACTS 541700 66,388,310 66,388,310    
f All other program service revenue . 27,304,882 27,304,882    
g Total. Add lines 2a–2f........MediumBullet 1,350,922,320
OtherAmt RevenueAmt 3 Investment income (including dividends, interest, and other similar amounts).......MediumBullet 6,410,660   105,564 6,305,096
4 Income from investment of tax-exempt bond proceeds..MediumBullet 70,008     70,008
5 Royalties...........MediumBullet 42,189,837     42,189,837
(i) Real (ii) Personal
6a Gross rents 7,636,400  
b Less: rental expenses    
c Rental income or (loss) 7,636,400 0
d Net rental income or (loss).......MediumBullet 7,636,400     7,636,400
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 28,986,686  
b Less: cost or other basis and sales expenses    
c Gain or (loss) 28,986,686  
d Net gain or (loss)..........MediumBullet 28,986,686     28,986,686
8a Gross income from fundraising events (not including
$ 7,896,732
of contributions reported on line 1c). See Part IV, line 18 ..
a 746,489
b Less: direct expenses ...b 2,132,416
c Net income or (loss) from fundraising events..MediumBullet -1,385,927   -1,385,927
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet 0      
10a Gross sales of inventory, less
returns and allowances .
a  
b Less: cost of goods sold ..b  
c Net income or (loss) from sales of inventory..MediumBullet 0      
Miscellaneous Revenue Business Code
11a MASTERS PROGRAM TUITION & RELATED FEES 900099 5,488,322 5,488,322    
b PARKING GARAGE 812930 2,951,507     2,951,507
c MEDICAL EDUCATION 611710 2,037,482 2,037,482    
d All other revenue .... 29,097,112   54,075 29,043,037
e Total. Add lines 11a–11d ...... MediumBullet 39,574,423
12 Total revenue. See Instructions......MediumBullet 1,648,011,058 1,358,448,124 159,639 115,796,644
Form 990 (2013)
Form 990 (2013)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX ...............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the United States. See Part IV, line 21 5,401,980 5,401,980
2 Grants and other assistance to individuals in the United States. See Part IV, line 22 3,353,876 3,353,876
3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16 0  
4 Benefits paid to or for members 0  
5 Compensation of current officers, directors, trustees, and key employees .... 10,213,934 1,202,957 7,712,382 1,298,595
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .... 0      
7 Other salaries and wages 964,751,852 904,922,798 57,281,668 2,547,386
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 28,958,644 26,270,935 2,532,487 155,222
9 Other employee benefits ....... 107,770,296 99,140,684 8,052,860 576,752
10 Payroll taxes ........... 38,429,890 33,712,441 4,423,251 294,198
11 Fees for services (non-employees):        
a Management ...... 23,476,512 22,106,944 1,160,815 208,753
b Legal ......... 6,999,057   6,920,989 78,068
c Accounting ........... 2,827,186   2,827,186  
d Lobbying ........... 0      
e Professional fundraising services. See Part IV, line 17 0  
f Investment management fees ...... 2,433,917   2,433,917  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ........ 5,738,561 4,324,104 1,408,660 5,797
12 Advertising and promotion .... 5,542,303 2,528,686 2,997,751 15,866
13 Office expenses ....... 52,322,121 49,124,505 2,907,360 290,256
14 Information technology ...... 13,082,831 1,405,491 11,605,833 71,507
15 Royalties .. 16,374,727   16,374,727  
16 Occupancy ........... 83,257,012 50,295,990 32,601,461 359,561
17 Travel ............ 2,526,607 2,026,355 476,645 23,607
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ...... 0      
19 Conferences, conventions, and meetings .... 11,537,140 10,928,244 290,514 318,382
20 Interest ........... 31,117,752 102,895 31,014,857  
21 Payments to affiliates ....... 0      
22 Depreciation, depletion, and amortization ..... 69,204,449 39,053,846 30,136,186 14,417
23 Insurance .............. 20,545,528 19,815,100 730,428  
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a MEDICAL SUPPLIES 69,613,931 65,924,331 3,689,600  
b TELECOMMUNICATIONS 6,267,851 1,779,374 4,470,762 17,715
c PERIODICALS & PUBLISHING 4,155,554 1,240,917 2,715,390 199,247
d TUITION 3,710,394 2,137,629 1,572,765  
e All other expenses 39,860,521 38,381,938 1,435,959 42,625
25 Total functional expenses. Add lines 1 through 24e 1,629,474,427 1,385,182,020 237,774,453 6,517,954
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2013)
Form 990 (2013)
Page 11
Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ............. 12,971,068 1 8,385,575
2 Savings and temporary cash investments ......... 66,607,631 2 66,989,129
3 Pledges and grants receivable, net ........... 119,491,656 3 133,695,375
4 Accounts receivable, net ............. 69,230,168 4 69,867,315
5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..................
1,700,000 5 1,500,000
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
0 6 0
7 Notes and loans receivable, net ............. 69,613,573 7 75,214,757
8 Inventories for sale or use .............. 0 8 0
9 Prepaid expenses and deferred charges .......... 8,820,355 9 8,442,450
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 1,537,397,585
b Less: accumulated depreciation ..... 10b 587,749,171 915,429,215 10c 949,648,414
11 Investments—publicly traded securities .......... 179,412,180 11 222,659,340
12 Investments—other securities. See Part IV, line 11 ..... 563,005,023 12 582,797,617
13 Investments—program-related. See Part IV, line 11 ..... 30,172,364 13 5,106,575
14 Intangible assets ............... 0 14 0
15 Other assets. See Part IV, line 11 ........... 170,052,647 15 156,140,245
16 Total assets. Add lines 1 through 15 (must equal line 34)...... 2,206,505,880 16 2,280,446,792
Liabilities 17 Accounts payable and accrued expenses ......... 112,138,627 17 110,777,323
18 Grants payable ................. 0 18 0
19 Deferred revenue ................ 60,550,526 19 57,032,168
20 Tax-exempt bond liabilities ............. 638,466,269 20 621,535,579
21 Escrow or custodial account liability. Complete Part IV of Schedule D.. 0 21 0
22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L.......... 0 22 0
23 Secured mortgages and notes payable to unrelated third parties .. 31,469,275 23 25,547,059
24 Unsecured notes and loans payable to unrelated third parties .... 0 24 0
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D.................... 328,975,657 25 341,530,600
26 Total liabilities. Add lines 17 through 25......... 1,171,600,354 26 1,156,422,729
Net Assets or Fund Balance Organizations that follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets .............. 362,351,904 27 393,290,875
28 Temporarily restricted net assets ........... 310,021,866 28 352,237,102
29 Permanently restricted net assets ........... 362,531,756 29 378,496,086
Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds ........   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ........... 1,034,905,526 33 1,124,024,063
34 Total liabilities and net assets/fund balances ........ 2,206,505,880 34 2,280,446,792
Form 990 (2013)
Form 990 (2013)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI ..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
1,648,011,058
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
1,629,474,427
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
18,536,631
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
1,034,905,526
5
Net unrealized gains (losses) on investments ...............
5
70,581,906
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
 
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B))
10
1,124,024,063
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII .............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2013)
Form 990, Special Condition Description:
Special Condition Description
Additional Data


Software ID:  
Software Version:  
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
right arrow Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
 
Employer identification number

13-6171197
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
f
g
(i) A person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the supported organization? ................
11g(i)
 
 
(ii) A family member of a person described in (i) above? ......................
11g(ii)
 
 
(iii) A 35% controlled entity of a person described in (i) or (ii) above? ................
11g(iii)
 
 
h
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions)) (iv) Is the organization in col. (i) listed in your governing document? (v) Did you notify the organization in col. (i) of your support? (vi) Is the organization in col. (i) organized in the U.S.? (vii) Amount of monetary support
Yes No Yes No Yes No
Total  

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....            
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3            
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..  
6 Public support. Subtract line 5 from line 4.  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
7 Amounts from line 4..            
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...            
9 Net income from unrelated business activities, whether or not the business is regularly carried on..            
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)..            
11 Total support (Add lines 7 through 10).  
12
12
 
13
First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization, check this box and stop here.................................................right arrow
Section C. Computation of Public Support Percentage
14
14
 
15
15
 
16a
b
17a
b
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......            
3 Gross receipts from activities that are not an unrelated trade or business under section 513..            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge..            
6 Total. Add lines 1 through 5.            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public support (Subtract line 7c from line 6.)  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.) ..            
13 Total support. (Add lines 9, 10c, 11, and 12.)..            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 4
Part IV
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Explanation
 
 
 
 
Schedule A (Form 990 or 990-EZ) 2013

Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Name of the organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
 
Employer identification number

13-6171197
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......................... Arrow Bullet $  
Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 2
Name of organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
  		Employer identification number

13-6171197
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
RESTRICTED
 

   
RESTRICTED
RESTRICTED
RESTRICTED, RESTRICTEDRESTRICTED

$RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 3
Name of organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
  		Employer identification number

13-6171197
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 4
Name of organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
  		Employer identification number

13-6171197
Part III
Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Additional Data


Software ID:  
Software Version:  
SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions. SchDMd Bullet Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
 
Employer identification number

13-6171197
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) .....    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register .................... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .......................................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIII and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ........
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current year (b)Prior year b (c)Two years back (d)Three years back (e)Four years back
1a Beginning of year balance .... 531,670,431 476,445,598 480,789,605 443,518,160 351,585,761
b Contributions ........ 16,307,076 19,459,396 14,869,779 13,411,561 10,841,359
c Net investment earnings, gains, and losses 90,095,177 57,234,168 -1,660,557 46,135,971 101,271,703
d Grants or scholarships ..... 3,353,876 3,169,636 3,292,010 3,258,759 3,177,378
e Other expenditures for facilities
and programs ........ 		21,760,700 18,299,095 14,261,219 19,017,328 17,003,285
f Administrative expenses .... 0   0 0 0
g End of year balance ...... 612,958,108 531,670,431 476,445,598 480,789,605 443,518,160
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet23.000 %
b
Permanent endowment SchDMd Bullet59.000 %
c
Temporarily restricted endowment SchDMd Bullet18.000 %
The percentages in lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
 
No
(ii) related organizations ........................
3a(ii)
Yes
 
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
Yes
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .................   11,011,897 11,011,897
b Buildings ................   1,004,370,881 185,798,094 818,572,787
c Leasehold improvements ............   171,990,684 171,990,684 0
d Equipment ................   298,252,015 230,027,199 68,291,622
e Other .................   51,772,108   51,772,108
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......SchDMdBullet 949,648,414
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 3
Part VII
Investments—Other Securities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
(3)Other
(A) HEDGE FUNDS 		458,641,863 F

(B) PRIVATE EQUITY INVESTMENTS 		101,702,824 F

(C) RETIREMENT ASSETS 		32,358,901 F

(D) 8 EAST 102ND STREET 		-9,905,971 F





Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 582,797,617
Part VIII
Investments—Program Related. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1) OTHER ASSETS 12,133,090
(2) DUE FROM NYCH&H CORP. 7,364,843
(3) INSURANCE CLAIMS 130,869,600
(4) DUE FROM MRO 5,772,712





Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet 156,140,245
Part X
Other Liabilities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
Federal income taxes 0
ACCRUED INTEREST PAYABLE 15,566,674
FEDERAL LOAN CAPITAL ADVANCES 4,746,766
EMPLOYEE RELOCATION LOANS 49,667,553
POST RETIREMENT HLTH BENF OBLI 11,357,725
DUE TO RELATED ORGS NET 129,322,282
INSURANCE CLAIMS 130,869,600



Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 341,530,600
2. Liability for uncertain tax positions In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII ..................................................
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1 1,625,425,414
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a 70,581,906
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d -92,826,995
e Add lines 2a through 2d ..................... 2e -22,245,089
3 Subtract line 2e from line 1..................... 3 1,647,670,503
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a 2,433,917
b Other (Describe in Part XIII.) ........... 4b -2,093,362
c Add lines 4a and 4b....................... 4c 340,555
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 1,648,011,058
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1 1,593,004,243
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a  
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d -2,488,267
e Add lines 2a through 2d...................... 2e -2,488,267
3 Subtract line 2e from line 1..................... 3 1,595,492,510
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a 2,433,917
b Other (Describe in Part XIII.) ............ 4b 31,548,000
c Add lines 4a and 4b....................... 4c 33,981,917
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 1,629,474,427
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
PART V, LINE 4 ENDOWED FUNDS: THE ENDOWED FUNDS' INTENDED USE IS TO GENERATE INCOME TO SUPPORT THE SCHOOL OF MEDICINE'S PROGRAM SERVICE FUNCTIONS AND OPERATIONS IN ACCORDANCE WITH THE MOUNT SINAI MEDICAL CENTER POOLED INVESTMENT POLICY. PART XI, LINE 2D RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS: REVENUE OF THE MITRAL FOUNDATION OF $217,342 THE VALENTIN FUSTER MOUNT SINAI FOUNDATION FOR HEALTH SCIENCE AND EMPOWERMENT OF $299,999, THE CHILDREN'S CENTER FOUNDATION OF $655,197 WHICH ARE INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENT OF ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, INVESTMENT RETURN EARNED GREATER THAN AMOUNTS ALLOCATED TO OPERATIONS OF $64,709,000, THE MOUNT SINAI HOSPITAL FUNDING OF OFFISTE PRACTICE LOSSES OF $31,548,000, ROUNDING OF $1, AND EXPENSES NETTED FROM FUNDRAISING EVENTS OF $2,257,468. PART XII, LINE 4A RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS: REVENUES OF $2,433,917 USED TO COVER INVESTMENT FEES ARE DRAWN FROM MOUNT SINAI'S INVESTMENT POOL. IT IS NOT RECORDED AS REVENUE OR EXPENSE ON THE AUDITED FINANCIAL STATEMENTS BECAUSE IT IS A COMPONENT OF TOTAL RETURN ON INVESTMENTS. PART XI, LINE 4B RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS: DISTRIBUTIONS FROM RELATED PARTIES NOT INCLUDED AS A CONTRIBUTION IN THE AUDITED FINANCIAL STATEMENT OF $610,629 AND THE ALLOACTION OF EQUITY LOSS FROM REAL ESTATE PARTNERSHIP ACTIVITIES (8 EAST 102ND STREET MANAGER LLC (EIN # 45-2827030)) OF $8,105,971 LESS THE $5,401,980 FUNDING OF MOUNT SINAI HOSPITAL AND MOUNTSINAI MEDICAL CENTER EQUITY LOSSES. PART XII, LINE 2D RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS: REFLECTS EXPENSES OF THE MITRAL FOUNDATION OF $311,378, THE CHILDREN'S CENTER FOUNDATION OF $955,497, THE MOUNT SINAI HOSPITAL FUNDING OF OFFISTE PRACTICE LOSSES OF $31,548,000, AND ROUNDING OF $1,000, WHICH ARE INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENT OF THE ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI. ALSO ICNLUDES FUNDRAISING EXPENSES OF $2,257,468 THAT WERE NETTED FROM REVENUE PER SCHEDULE D, PART XI, LINE 2D, VARIOUS PROGRAM SERVICE AND M&G RELATED EXPENSES FUNDED BY RELATED PARTIES OF $610,629, AND THE EXPENSE OF FUNDING MOUNT SINAI HOSPITAL AND MOUNTSINAI MEDICAL CENTER EQUITY LOSSES OF $5,401,980. PART XII, LINE 4A RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS: EXPENSES OF $2,433,917 USED TO COVER INVESTMENT FEES ARE DRAWN FROM MOUNT SINAI'S INVESTMENT POOL. IT IS NOT RECORDED AS REVENUE OR EXPENSE ON THE AUDITED FINANCIAL STATEMENTS BECAUSE IT IS A COMPONENT OF TOTAL RETURN ON INVESTMENTS.
Schedule D (Form 990) 2013

Additional Data


Software ID:  
Software Version:  




SCHEDULE E(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Schools
Right pointing arrow large imageComplete if the organization answered "Yes" to Form 990,
Part IV, line 13, or Form 990-EZ, Part VI, line 48.
Right pointing arrow large image Attach to Form 990 or Form 990-EZ.
Right pointing arrow large image Information about Schedule E (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
 
Employer identification number

13-6171197
Part I
YES
NO
1
Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,
other governing instrument, or in a resolution of its governing body? ......................
1
Yes
 
2
Does the organization include a statement of its racially nondiscriminatory policy toward students in all its
brochures, catalogues, and other written communications with the public dealing with student admissions,
programs, and scholarships? ......................................
2
Yes
 
3
Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during
the period of solicitation for students, or during the registration period if it has no solicitation program, in a way
that makes the policy known to all parts of the general community it serves? If "Yes," please describe. If "No,"
please explain. If you need more space use Part II. .............................
3
Yes
 
 
4
Does the organization maintain the following?
a
Records indicating the racial composition of the student body, faculty, and administrative staff? ..........
4a
Yes
 
b
Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory
basis? ...............................................
4b
Yes
 
c
Copies of all catalogues, brochures, announcements, and other written communications to the public dealing
with student admissions, programs, and scholarships? ...........................
4c
Yes
 
d
Copies of all material used by the organization or on its behalf to solicit contributions? ..............
4d
Yes
 
If you answered "No" to any of the above, please explain. If you need more space, use Part II.
 
5
Does the organization discriminate by race in any way with respect to:
a
Students' rights or privileges? .....................................
5a
 
No
b
Admissions policies? .........................................
5b
 
No
c
Employment of faculty or administrative staff? ..............................
5c
 
No
d
Scholarships or other financial assistance? ................................
5d
 
No
e
Educational policies? .........................................
5e
 
No
f
Use of facilities? ...........................................
5f
 
No
g
Athletic programs? ..........................................
5g
 
No
h
Other extracurricular activities? .....................................
5h
 
No
If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.
 
6a
Does the organization receive any financial aid or assistance from a governmental agency? ...........
6a
Yes
 
b
Has the organization's right to such aid ever been revoked or suspended? ...................
6b
 
No
If you answered "Yes" to either line 6a or line 6b, explain on Part II.
7
Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05
of Rev. Proc. 75-50, 1975-2 C.B. 587, covering racial nondiscrimination? If "No," explain on Part II.
7
Yes
 
Paperwork Reduction Act Notice, see the Instructions for Form 990 or Form 990-EZ.
Cat. No. 50085D
Schedule E (Form 990 or 990-EZ) 2013
Schedule E (Form 990 or 990EZ) 2013
Page 2
Part II
Supplemental Information. Provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also complete this part to provide any other additional information (see instructions).
Return Reference Explanation
Part I, Line 3 INCLUDED IN THE STUDENT HANDBOOK WHICH IS DISTRIBUTED AND REVIEWED AT GRADUATION. ALSO IN THE SCHOOL CATALOGS.
Schedule E (Form 990 or 990-EZ) 2013
Additional Data


Software ID:  
Software Version:  
SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990,Part IV, line 14b, 15, or 16.Right pointing arrow large image Attach to Form 990. Right pointing arrow large image See separate instructions.Right pointing arrow large image Information about Schedule F (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
 
Employer identification number

13-6171197
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 14b.
1
For grantmakers.Does the organization maintain records to substantiate the amount of its grants and
other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? ...............................
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in region (d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in region		 (f) Total expenditures
for and investments
in region
Central America and the Caribbean     Investments   225,833,000
East Asia and the Pacific     Program Services SUBCONTRACT 201,715
Central America and the Caribbean     Program Services SUBCONTRACT 50,779
Middle East and North Africa     Program Services SUBCONTRACT 190,136
Europe (Including Iceland and Greenland)     Program Services SUBCONTRACT 2,551,702
Middle East and North Africa     Program Services SUBCONTRACT 115,994
North America     Program Services SUBCONTRACT 388,261
South America     Program Services SUBCONTRACT 129,402
           
           
           
           
           
           
           
           
           
3a Sub-total .....     229,460,989
b Total from continuation sheets to Part I ...      
c Totals (add lines 3a and 3b)     229,460,989
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2013
Schedule F (Form 990) 2013
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of non-cash
assistance 		(h) Description
of non-cash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter ....MediumBullet
 
3
Enter total number of other organizations or entities .......................MediumBullet
 
Schedule F (Form 990) 2013
Schedule F (Form 990) 2013Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
non-cash
assistance 		(g) Description
of non-cash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2013
Schedule F (Form 990) 2013
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes,"the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926)......................................
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A).......................................
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471)..............................
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621)...............................................
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships. (see Instructions for Form 8865)....................................
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see Instructions for Form 5713)................................................
Schedule F (Form 990) 2013
Schedule F (Form 990) 2013
Page 5
Part V
Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions).
ReturnReference Explanation
SCHEDULE F, PARTS I & IV PLEASE NOTE THAT THE INVESTMENT ACTIVITIES LISTED IN PART I ARE ALLOCATED TO AGREE TO THE AUDITED FINANCIAL STATEMENTS REPORTING AS POOLED INVESTMENTS WHILE PART IV REPORTS ON FOREIGN FILINGS FILED BY THE RESPECTIVE ORGANIZATION.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2013
Additional Data


Software ID:  
Software Version:  



SCHEDULE G (Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrowAttach to Form 990 or Form 990-EZ. right arrowSee separate instructions.
right arrowInformation about Schedule G (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
 
Employer identification number

13-6171197
Part I
Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV, line 17.
Form 990-EZ filers are not required to complete this part.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.
(i) Name and address of individual
or entity (fundraiser) 		(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity 		(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i) 		(vi) Amount paid to
(or retained by)
organization
Yes No
             
             
             
             
             
             
             
             
             
             
Total .................right arrow      
3
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.
For Paperwork Reduction Act Notice, see the Instructions for Form 990or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2013
Schedule G (Form 990 or 990-EZ) 2013
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.
(a) Event #1

CRYSTAL PARTY
(event type) 		(b) Event #2

BREAST HTH GALA
(event type) 		(c) Other events

10
(total number) 		(d) Total events
(add col. (a) through col. (c))
VerticalRevenue 1 Gross receipts . . . 3,323,340 2,294,326 3,025,555 8,643,221
2 Less: Contributions . . 3,048,740 2,184,326 2,663,666 7,896,732
3 Gross income (line 1
minus line 2) . . . 		274,600 110,000 361,889 746,489
VerticalDirectExpenses 4 Cash prizes . . .        
5 Noncash prizes . .        
6 Rent/facility costs . . 345,000 125,616 109,591 580,207
7 Food and beverages . 217,990 125,655 324,572 668,217
8 Entertainment . . . 1,560 2,445 65,350 69,355
9 Other direct expenses . 200,003 150,220 464,414 814,637
10 Direct expense summary. Add lines 4 through 9 in column (d) ........... right arrow 2,132,416
11 Net income summary. Subtract line 10 from line 3, column (d)........... right arrow -1,385,927
Part III
Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue (a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (add col.(a) through col.(c))
1 Gross revenue . . . .        
VerticalDirectExpenses 2 Cash prizes . . . .        
3 Non-cash prizes . . .        
4 Rent/facility costs . . .        
5 Other direct expenses . .        
6 Volunteer labor . . .
%
%
%
7 Direct expense summary. Add lines 2 through 5 in column (d) ........... right arrow  
8 Net gaming income summary. Subtract line 7 from line 1, column (d) ......... right arrow  
9
Enter the state(s) in which the organization operates gaming activities:
a
Is the organization licensed to operate gaming activities in each of these states? ............
b
If "No," explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? .....
b
If "Yes," explain:
 
Schedule G (Form 990 or 990-EZ) 2013
Schedule G (Form 990 or 990-EZ) 2013
Page 3
11
Does the organization operate gaming activities with nonmembers? .................
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? ..........................
13
Indicate the percentage of gaming activity operated in:
a
The organization's facility ......................
13a
%
b
An outside facility ........................
13b
%
14
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? ......................................
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address of the third party:
Name right arrow
Address right arrow
 
 
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? ............................
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v), and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also complete this part to provide any additional information (see instructions).
Return Reference Explanation
Schedule G (Form 990 or 990-EZ) 2013
Additional Data


Software ID:  
Software Version:  
Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990
lBullet Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
 
Employer identification number
13-6171197
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC Code section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance
(1) THE MOUNT SINAI HOSPITAL
1 GUSTAVE L LEVY PLACE
NEW YORK,NY10029 		13-1624096 501(C)(3) 2,701,990       FUNDING EQUITY LOSS
(2) THE MOUNT SINAI MEDICAL CENTER
1 GUSTAVE L LEVY PLACE
NEW YORK,NY10029 		13-6271888 501(C)(3) 2,701,990       FUNDING EQUITY LOSS




















2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................ Bullet Image
2
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
0
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2013

Schedule I (Form 990) 2013
Page 2
Part III
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients		 (c)Amount of
cash grant		 (d)Amount of
non-cash assistance		 (e)Method of valuation (book,
FMV, appraisal, other)		 (f)Description of non-cash assistance
(1) SCHOLARSHIPS 215 3,353,876   OTHER N/A












Part IV
Supplemental Information. Provide the information required in Part I, line 2, Part III, column (b), and any other additional information.
Return Reference Explanation
Part I, Line 2 ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI AWARDS SCHOLARSHIPS AS EITHER NEED-BASED OR MERIT-BASED AWARDS. TO AWARD OR ADMINISTER NEED-BASED SCHOLARSHIPS, THE DIRECTOR OF FINANCIAL AID FOLLOWS FEDERAL GUIDELINES STARTING WITH THE EVALUATION OF EACH STUDENT FOR "NEED" BASED ON FAFSA & NEED-ACCESS REPORTS. MERIT-BASED SCHOLARSHIPS ARE AWARDED BY COMMITTEES ESTABLISHED BY THE DEAN OF THE SCHOOL. ONCE AWARDEES ARE CHOSEN, THE SCHOLARSHIPS ARE AWARDED THROUGH THE DIRECTOR OF FINANCIAL AID. ELIGIBILITY FOR EACH ACADEMIC YEAR (SATISFACTORY ACADEMIC PROGRESS AND CURRENT ENROLLMENT) IS VERIFIED BY THE DIRECTOR PRIOR TO INITIAL DISBURSEMENT OF ANNUAL SCHOLARSHIPS AND ELIGIBILITY IS VERIFIED AGAIN FOR THE JANUARY TERM BEFORE SECOND TERM DISBURSEMENTS ARE MADE.
PART II, LINE 1 & 2 THESE GRANTS FUND THE HOSPITAL AND MEDICAL CENTER'S RESPECTIVE PORTION OF THE 2013 EQUITY LOSS IN RELATION TO THE 8 EAST 102ND STREET MANAGER, LLC (EIN #45-2827030) PARTNERSHIP IN WHICH THE MOUNT SINAI HOSPITAL, THE MOUNT SINAI MEDICAL CENTER, AND ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI ARE MEMBERS.
Schedule I (Form 990) 2013


Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
SchJMediumBullet Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
 
Employer identification number

13-6171197
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain....
1b
 
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..
2
 
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ................
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
No
b
Any related organization? .........................
5b
 
No
If "Yes," to line 5a or 5b, describe in Part III.
6
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ...........................
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
No
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2013

Schedule J (Form 990) 2013
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation
reported as deferred
in prior Form 990
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1)Kenneth L Davis MDChief Executive Officer (i)
(ii)		 1,089,776
1,310,224 		0
0 		766,706
919,898 		12,750
12,750 		15,300
18,700 		1,884,532
2,261,572 		0
0
(2)Dennis Charney MD 1DEAN (i)
(ii)		 750,000
0 		420,000
0 		353,643
0 		25,500
0 		18,590
0 		1,567,733
0 		0
0
(3)michael macdonald2former officer (i)
(ii)		 290,500
290,500 		71,309
71,309 		119,771
119,771 		10,200
10,200 		18,966
18,966 		510,746
510,746 		0
0
(4)deborah Marin md2former officer (i)
(ii)		 97,500
227,500 		0
0 		38,005
88,680 		7,650
17,850 		3,976
9,279 		147,131
343,309 		0
0
(5)donald t scanlonEVP, FINANCE/CHIEF CORP. SRVCS (i)
(ii)		 359,351
432,649 		317,749
382,251 		46,642
55,438 		12,750
12,750 		13,469
16,463 		749,961
899,551 		0
0
(6)jeffrey silbersteinEVP, CHIEF OPERATING OFFICER (i)
(ii)		 310,504
373,496 		136,220
163,780 		39,818
47,692 		12,750
12,750 		7,465
9,125 		506,757
606,843 		0
0
(7)stephen harveySVP, CHIEF FINANCIAL OFFICER (i)
(ii)		 456,000
0 		206,000
0 		49,564
0 		25,500
0 		46,221
0 		783,285
0 		0
0
(8)mark kostegan fahpSVP, CHIEF DEVELOPMENT OFFICER (i)
(ii)		 332,448
167,552 		513,460
259,059 		76,370
38,302 		17,850
7,650 		13,241
6,821 		953,369
479,384 		0
0
(9)jane maksoudSVP, CHIEF HUMAN RESOURCES (i)
(ii)		 269,240
238,760 		92,750
82,250 		35,089
31,117 		13,515
11,985 		17,456
15,480 		428,050
379,592 		0
0
(10)elana abraham 23former officer (i)
(ii)		 0
233,607 		0
5,000 		0
1,699 		0
19,984 		0
30,828 		0
291,118 		0
0
(11)jessica moise2former officer (i)
(ii)		 161,081
0 		6,477
0 		503
0 		16,108
0 		20,052
0 		204,221
0 		0
0
(12)john morrison 124former officer (i)
(ii)		 212,097
0 		50,000
0 		198,276
0 		21,209
0 		29,560
0 		511,142
0 		0
0
(13)jasmin moshirpur md2former officer (i)
(ii)		 346,280
0 		7,400
0 		183,122
0 		25,500
0 		43,408
0 		605,710
0 		0
0
(14)david muller md24former officer (i)
(ii)		 212,097
0 		100,000
0 		129,190
0 		21,209
0 		24,244
0 		486,740
0 		0
0
(15)barry stimmel md2former officer (i)
(ii)		 168,386
31,596 		0
0 		19,325
3,628 		16,838
3,160 		30,525
5,729 		235,074
44,113 		0
0
(16)hugh sampson md2former officer (i)
(ii)		 199,983
0 		100,000
0 		195,784
0 		19,998
0 		20,215
0 		535,980
0 		0
0
(17)maureen milici 2former officer (i)
(ii)		 117,786
0 		21,000
0 		18,995
0 		0
0 		0
0 		157,781
0 		0
0
(18)LYNN kasner-morgan2former officer (i)
(ii)		 101,274
0 		0
0 		830
0 		0
0 		8,281
0 		110,385
0 		0
0
(19)phyllis schnepf2former officer (i)
(ii)		 255,046
0 		75,000
0 		23,511
0 		25,500
0 		17,471
0 		396,528
0 		0
0
(20)Douglas Jabs MD2former officer (i)
(ii)		 212,097
0 		125,000
0 		508,159
0 		21,209
0 		26,889
0 		893,354
0 		0
0
(21)David B Samadi MDASSOCIATE PROFESSOR (i)
(ii)		 90,750
0 		0
0 		9,021,942
0 		9,075
0 		14,634
0 		9,136,401
0 		0
0
(22)Samin Sharma MDPROFESSOR (i)
(ii)		 212,532
0 		150,000
0 		4,287,260
0 		21,253
0 		26,000
0 		4,697,045
0 		0
0
(23)Andrew Hecht MDCHIEF (i)
(ii)		 159,562
0 		0
0 		9,159,933
0 		15,956
0 		25,619
0 		9,361,070
0 		0
0
(24)frank cinoSenior VP, Chief Risk Officer (i)
(ii)		 146,300
238,700 		49,400
80,600 		10,550
17,212 		7,752
12,648 		11,004
17,954 		225,006
367,114 		0
0
(25)jane whitneyvp & chief compliance officer (i)
(ii)		 148,320
160,680 		0
0 		1,530
1,658 		9,792
10,608 		10,185
11,033 		169,827
183,979 		0
0
(26)margaret pastuszkoEVP, CHIEF INTEGRATION OFFICER (i)
(ii)		 205,011
242,989 		213,683
253,243 		7,805
9,387 		10,200
10,200 		16,484
16,484 		453,183
532,303 		0
0
(27)philip landrigan 24former officer (i)
(ii)		 212,097
0 		50,000
0 		188,745
0 		21,209
0 		34,936
0 		506,987
0 		0
0
(28)CONNIE C KLEPPER2former officer (i)
(ii)		 148,279
148,279 		0
0 		3,712
3,712 		10,200
10,200 		8,322
8,322 		170,513
170,513 		0
0
(29)KUMAR CHATANISVP, CHIEF INFORMATION OFFICER (i)
(ii)		 51,113
398,887 		16,996
133,004 		18,939
146,975 		3,315
22,185 		1,926
15,584 		92,289
716,635 		0
0
(30)SHEERAZ QURESHI MDASSOCIATE PROFESSOR (i)
(ii)		 139,617
0 		0
0 		6,089,375
0 		13,962
0 		25,823
0 		6,268,777
0 		0
0
(31)BARABRA MURPHY MDCHAIRMAN DEPT. OF MEDICINE (i)
(ii)		 216,904
0 		168,000
0 		520,865
0 		21,690
0 		27,716
0 		955,175
0 		0
0
(32)MARK CALLAHAN MDEVP, CHIEF EXEC. OFFICER FPA (i)
(ii)		 120,923
91,174 		99,721
75,279 		177,297
134,036 		12,725
8,484 		6,951
5,243 		417,617
314,216 		0
0
(33)DAVID ADAMS MD1CHAIRMAN (i)
(ii)		 212,097
0 		750,000
0 		3,546,941
0 		21,209
0 		24,331
0 		4,554,578
0 		0
0
(34)ROBERT DESNICK 24former officer (i)
(ii)		 199,983
0 		0
0 		51,198
0 		19,998
0 		40,122
0 		311,301
0 		0
0
(35)JEREMY BOAL MDEVP CHIEF MEDICAL OFFICER (i)
(ii)		 0
452,081 		0
230,000 		0
67,500 		0
0 		0
14,039 		0
763,620 		0
0
(36)BETH ESSIGEVP, GENERAL COUNSEL (i)
(ii)		 65,897
599,103 		0
141,313 		0
25,191 		0
21,420 		0
17,740 		65,897
804,767 		0
0
(37)ARTHUR KLEIN MDEVP, PRES OF HEALTH NETWORK (i)
(ii)		 0
708,333 		0
550,000 		0
10,768 		0
0 		0
9,049 		0
1,278,150 		0
0
(38)LEONARD ACHANSVP, CHIEF MARKETING OFFICER (i)
(ii)		 112,009
199,991 		53,909
96,091 		11,372
20,611 		8,160
12,240 		10,395
18,479 		195,845
347,412 		0
0
(39)MARC NAPP MDSVP, CHIEF MEDICAL AFFAIRS OFF (i)
(ii)		 0
241,414 		0
0 		0
1,710 		0
0 		0
14,466 		0
257,590 		0
0
(40)MICHAEL SCHAFFERSVP, COO OF FPA (i)
(ii)		 362,083
0 		120,317
0 		5,885
0 		20,400
0 		8,941
0 		517,626
0 		0
0
(41)DR JEFFREY T LAITMANTrustee (Ex-Officio) (i)
(ii)		 0
160,060 		0
0 		0
39,730 		0
16,006 		0
31,986 		0
247,782 		0
0
Schedule J (Form 990) 2013

Schedule J (Form 990) 2013
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II.
Also complete this part for any additional information.
Return Reference Explanation
Part VII, Section A & Schedule J Compensation Footnotes Officers of the Boards of Trustees hours reflect service to either/or, or all, The Mount Sinai Hospital, ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, The Mount Sinai Medical Center and all related entities. (1) Employee has an outstanding loan reflected in Schedule L, Part II of Icahn School of Medicine at Mount Sinai Form 990. (2) Compensation is attributed to current services as a Non-Officer. (3) Compensation and benefits are funded from The Mount Sinai Hospital. (4) Compensation, benefits and hours reflect total amounts for services performed for this position and all other responsibilities. Note: In determining the five highest paid employees of Icahn School of Medicine at Mount Sinai, royalty payments received by employees of Icahn School of Medicine at Mount Sinai in connection with inventions have not been taken into account.
SCHEDULE J, PART I, LINE 4A SEVERANCE PAYMENTS MAUREEN MILICI $157,781 LYNN KASNER-MORGAN $102,104
Schedule J (Form 990) 2013

Additional Data


Software ID:  
Software Version:  
Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
 
Employer identification number
13-6171197
Part I
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer 		(i) Pool
financing
Yes No Yes No Yes No
A DORMITORY AUTHORITY OF THE STATE OF NEW YORK
  		14-6000923 6499055e2 11-16-2010 103,555,357 REFUND 3/2/1994 BONDS   X   X   X
B DORMITORY AUTHORITY OF THE STATE OF NEW YORK
  		14-6000923 649905rv0 11-05-2009 365,504,331 CONSTRUCTION OF NEW BUILDING   X   X   X
C DORMITORY AUTHORITY OF THE STATE OF NEW YORK
  		14-6000923 649903vg3 09-27-2007 125,878,626 CONSTRUCTION, REFUND 6/7/00 BONDS   X   X   X
D DORMITORY AUTHORITY OF THE STATE OF NEW YORK
  		14-6000923 64983uvz0 09-24-2003 67,374,538 REFUND 8/15/91 BONDS   X   X   X
DORMITORY AUTHORITY OF THE STATE OF NEW YORK
  		14-6000923 111111111 12-20-2012 27,609,791 TELP-FINANCE RESEARCH AND CLINICAL   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 18,470,000 0 4,645,000 48,275,000
2 Amount of bonds legally defeased . . . . . . . . . . . 0 0 0 0
3 Total proceeds of issue . . . . . . . . . . . . . . 103,566,283 367,747,785 127,325,300 67,386,255
4 Gross proceeds in reserve funds . . . . . . . . . . . . 0 29,684,477 9,203,511 6,742,119
5 Capitalized interest from proceeds . . . . . . . . . . . 0 52,927,234 2,625,921 0
6 Proceeds in refunding escrows . . . . . . . . . . . . 0 0 0 0
7 Issuance costs from proceeds . . . . . . . . . . . . 1,518,634 4,266,417 1,393,905 974,546
8 Credit enhancement from proceeds . . . . . . . . . . . 0 0 1,553,000 2,171,000
9 Working capital expenditures from proceeds . . . . . . . . . 0 0 0 0
10 Capital expenditures from proceeds . . . . . . . . . . . 0 277,714,915 97,441,776 0
11 Other spent proceeds . . . . . . . . . . . . . . 102,047,649 3,154,742 15,107,187 57,498,590
12 Other unspent proceeds . . . . . . . . . . . . . . 0 0 0 0
13 Year of substantial completion . . . . . . . . . . . . 2010 2012 2010 2003
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . . . X     X X   X  
15 Were the bonds issued as part of an advance refunding issue? . . . . .   X   X   X   X
16 Has the final allocation of proceeds been made? . . . . . . . . X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . . . . . . . . . . . . . . X   X   X   X  
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .   X   X   X    
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . .   X   X   X    
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? . . . . . . . . . . . . X   X   X      
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X   X   X      
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . . X   X   X      
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? X   X   X      
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . SchKMediumBullet 0 % 0 % 0.090 % 0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . . . . . . . SchKMediumBullet        
6 Total of lines 4 and 5 . . . . . . . . . . . . . 0.090 %   0.090 %  
7 Does the bond issue meet the private security or payment test? . . . . .   X   X   X   X
8a Has there been a sale or disposition of any of the bond financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?. . . . . . . . . . . . . . . . .   X   X   X    
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of.        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? . . . . . . . . . . . . .   X   X   X    
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? . . . . . . . 		  X   X   X    
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T? . . . . .   X   X   X   X
2 If "No" to line 1, did the following apply? . . . .
a Rebate not due yet? . . . . . . . . X   X          
b Exception to rebate? . . . . . . . .                
c No rebate due? . . . . . . . . X       X   X  
If you checked "No rebate due" in line 2c, provide in
Part VI the date the rebate computation was performed
3 Is the bond issue a variable rate issue? . . . .   X   X   X   X
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X   X   X
b Name of provider . . . . . . . . . 0
  		0
  		0
  		 
 
c Term of hedge . . . . . . . . . .        
d Was the hedge superintegrated? . . . .                
e Was the hedge terminated? . . . . . .                
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . . . . .   X   X   X   X
b Name of provider . . . . . . . . . 0
  		0
  		0
  		0
 
c Term of GIC . . . . . . . . . .        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . .                
6 Were any gross proceeds invested beyond an available temporary period? . . . . . . . . X   X   X   X  
7 Has the organization established written procedures to monitor the requirements of section 148? . . .   X   X   X   X
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?   X   X   X   X
Part VI
Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
SCHEDULE K SUPPLEMENTAL INFORMATION BOND A: PART II, LINE 3: THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS OF ISSUE AND ISSUE PRICE ON FORM 8038 IS EARNINGS OF $10,926. PART IV, LINE 7: DASNY, THE BOND ISSUER INDICATED IN PART I (COLUMN A), DIRECTS AND MONITORS INVESTMENTS AND TAKES SOLE RESPONSIBILITY FOR COMPLIANCE WITH THE REQUIREMENTS OF SECTION 148. THE ORGANIZATION DOES NOT DIRECT THE INVESTMENT OF BOND PROCEEDS. PART V: WRITTEN PROCEDURES ARE LIMITED TO THE RESEARCH PROCEDURES CONCERNING ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'S RESEARCH AGREEMENTS. THE ORGANIZATION IS AWARE THAT A VOLUNTARY CLOSING AGREEMENT PROGRAM IS AVAILABLE IF VIOLATIONS, SHOULD THEY OCCUR, OF FEDERAL TAX REQUIREMENTS CANNOT BE CORRECTED THROUGH SELF-REMEDIATION UNDER APPLICABLE REGULATIONS. THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IN THE EVENT FEDERAL TAX VIOLATIONS OCCUR THAT CANNOT BE CORRECTED THROUGH SELF-REMEDIATION, SUCH VIOLATIONS WILL QUALIFY FOR RESOLUTION THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM. BOND B: PART II, LINE 3: THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS OF ISSUE AND ISSUE PRICE ON FORM 8038 IS EARNINGS OF $2,243,454. PART II, LINE 4: ANY DIFFERENCE BETWEEN GROSS PROCEEDS ON RESERVE FUNDS AND THE AMOUNT REPORTED ON FORM 8038, PART IV, LINE 26 IS CUMULATIVE INTEREST EARNINGS. PART III, LINE 3A & 3B: ALL MANAGEMENT CONTRACTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 97-13. PART III, LINE 3C & 3D: ALL RESEARCH AGREEMENTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 2007-47. PART III, LINE 9: ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI HAS WRITTEN PROCEDURES THAT ENSURE NONQUALIFIED USE IS COMPLIANT WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2 WITH REGARDS TO RESEARCH ARRANGEMENTS. ISMMS DOES NOT HAVE WRITTEN PROCEDURES ADDRESSING OTHER NONQUALIFIED USE OF WHICH THERE IS NONE; HOWEVER, THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IF ANY BONDS BECOME NONQUALIFIED, THEY WILL BE REMEDIATED IN ACCORDANCE WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2. PART IV, LINE 7: DASNY, THE BOND ISSUER INDICATED IN PART I (COLUMN A), DIRECTS AND MONITORS INVESTMENTS AND TAKES SOLE RESPONSIBILITY FOR COMPLIANCE WITH THE REQUIREMENTS OF SECTION 148. THE ORGANIZATION DOES NOT DIRECT THE INVESTMENT OF BOND PROCEEDS. PART V: WRITTEN PROCEDURES ARE LIMITED TO THE RESEARCH PROCEDURES CONCERNING ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'S RESEARCH AGREEMENTS. THE ORGANIZATION IS AWARE THAT A VOLUNTARY CLOSING AGREEMENT PROGRAM IS AVAILABLE IF VIOLATIONS, SHOULD THEY OCCUR, OF FEDERAL TAX REQUIREMENTS CANNOT BE CORRECTED THROUGH SELF-REMEDIATION UNDER APPLICABLE REGULATIONS. THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IN THE EVENT FEDERAL TAX VIOLATIONS OCCUR THAT CANNOT BE CORRECTED THROUGH SELF-REMEDIATION, SUCH VIOLATIONS WILL QUALIFY FOR RESOLUTION THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM. BOND C: PART II, LINE 3: THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS OF ISSUE AND ISSUE PRICE ON FORM 8038 IS EARNINGS OF $1,446,674. PART II, LINE 4: ANY DIFFERENCE BETWEEN GROSS PROCEEDS ON RESERVE FUNDS AND THE AMOUNT REPORTED ON FORM 8038, PART IV, LINE 26 IS CUMULATIVE INTEREST EARNINGS. PART III, LINE 3A & 3B: ALL MANAGEMENT CONTRACTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 97-13. PART III, LINE 3C & 3D: ALL RESEARCH AGREEMENTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 2007-47. PART III, LINE 9: ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI HAS WRITTEN PROCEDURES THAT ENSURE NONQUALIFIED USE IS COMPLIANT WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2 WITH REGARDS TO RESEARCH ARRANGEMENTS. ISMMS DOES NOT HAVE WRITTEN PROCEDURES ADDRESSING OTHER NONQUALIFIED USE OF WHICH THERE IS NONE; HOWEVER, THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IF ANY BONDS BECOME NONQUALIFIED, THEY WILL BE REMEDIATED IN ACCORDANCE WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2. PART IV, LINE 2C: THE REBATE COMPUTATION SHOWING THAT NO REBATE WAS DUE FOR THIS BOND WAS LAST PERFORMED ON 12/31/2012. PART IV, LINE 7: DASNY, THE BOND ISSUER INDICATED IN PART I (COLUMN A), DIRECTS AND MONITORS INVESTMENTS AND TAKES SOLE RESPONSIBILITY FOR COMPLIANCE WITH THE REQUIREMENTS OF SECTION 148. THE ORGANIZATION DOES NOT DIRECT THE INVESTMENT OF BOND PROCEEDS. PART V: WRITTEN PROCEDURES ARE LIMITED TO THE RESEARCH PROCEDURES CONCERNING ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'S RESEARCH AGREEMENTS. THE ORGANIZATION IS AWARE THAT A VOLUNTARY CLOSING AGREEMENT PROGRAM IS AVAILABLE IF VIOLATIONS, SHOULD THEY OCCUR, OF FEDERAL TAX REQUIREMENTS CANNOT BE CORRECTED THROUGH SELF-REMEDIATION UNDER APPLICABLE REGULATIONS. THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IN THE EVENT FEDERAL TAX VIOLATIONS OCCUR THAT CANNOT BE CORRECTED THROUGH SELF-REMEDIATION, SUCH VIOLATIONS WILL QUALIFY FOR RESOLUTION THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM. BOND D: PART II, LINE 3: THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS OF ISSUE AND ISSUE PRICE ON FORM 8038 IS EARNINGS OF $11,717. PART II, LINE 4: ANY DIFFERENCE BETWEEN GROSS PROCEEDS ON RESERVE FUNDS AND THE AMOUNT REPORTED ON FORM 8038, PART IV, LINE 26 IS CUMULATIVE INTEREST EARNINGS. PART IV, LINE 2C: THE REBATE COMPUTATION SHOWING THAT NO REBATE WAS DUE FOR THIS BOND WAS LAST PERFORMED ON 12/31/2012. PART IV, LINE 7: DASNY, THE BOND ISSUER INDICATED IN PART I (COLUMN A), DIRECTS AND MONITORS INVESTMENTS AND TAKES SOLE RESPONSIBILITY FOR COMPLIANCE WITH THE REQUIREMENTS OF SECTION 148. THE ORGANIZATION DOES NOT DIRECT THE INVESTMENT OF BOND PROCEEDS. PART V: WRITTEN PROCEDURES ARE LIMITED TO THE RESEARCH PROCEDURES CONCERNING ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'S RESEARCH AGREEMENTS. THE ORGANIZATION IS AWARE THAT A VOLUNTARY CLOSING AGREEMENT PROGRAM IS AVAILABLE IF VIOLATIONS, SHOULD THEY OCCUR, OF FEDERAL TAX REQUIREMENTS CANNOT BE CORRECTED THROUGH SELF-REMEDIATION UNDER APPLICABLE REGULATIONS. THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IN THE EVENT FEDERAL TAX VIOLATIONS OCCUR THAT CANNOT BE CORRECTED THROUGH SELF-REMEDIATION, SUCH VIOLATIONS WILL QUALIFY FOR RESOLUTION THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM. BOND E: PART III, LINE 3A & 3B: ALL MANAGEMENT CONTRACTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 97-13. PART III, LINE 3C & 3D: ALL RESEARCH AGREEMENTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 2007-47. PART III, LINE 9: ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI HAS WRITTEN PROCEDURES THAT ENSURE NONQUALIFIED USE IS COMPLIANT WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2 WITH REGARDS TO RESEARCH ARRANGEMENTS. ISMMS DOES NOT HAVE WRITTEN PROCEDURES ADDRESSING OTHER NONQUALIFIED USE OF WHICH THERE IS NONE; HOWEVER, THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IF ANY BONDS BECOME NONQUALIFIED, THEY WILL BE REMEDIATED IN ACCORDANCE WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2. PART IV, LINE 7: DASNY, THE BOND ISSUER INDICATED IN PART I (COLUMN A), DIRECTS AND MONITORS INVESTMENTS AND TAKES SOLE RESPONSIBILITY FOR COMPLIANCE WITH THE REQUIREMENTS OF SECTION 148. THE ORGANIZATION DOES NOT DIRECT THE INVESTMENT OF BOND PROCEEDS. PART V: WRITTEN PROCEDURES ARE LIMITED TO THE RESEARCH PROCEDURES CONCERNING ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'S RESEARCH AGREEMENTS. THE ORGANIZATION IS AWARE THAT A VOLUNTARY CLOSING AGREEMENT PROGRAM IS AVAILABLE IF VIOLATIONS, SHOULD THEY OCCUR, OF FEDERAL TAX REQUIREMENTS CANNOT BE CORRECTED THROUGH SELF-REMEDIATION UNDER APPLICABLE REGULATIONS. THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IN THE EVENT FEDERAL TAX VIOLATIONS OCCUR THAT CANNOT BE CORRECTED THROUGH SELF-REMEDIATION, SUCH VIOLATIONS WILL QUALIFY FOR RESOLUTION THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM.
Schedule K (Form 990) 2013

Additional Data


Software ID:  
Software Version:  

Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
 
Employer identification number
13-6171197
Part I
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer 		(i) Pool
financing
Yes No Yes No Yes No
A DORMITORY AUTHORITY OF THE STATE OF NEW YORK
  		14-6000923 6499055e2 11-16-2010 103,555,357 REFUND 3/2/1994 BONDS   X   X   X
B DORMITORY AUTHORITY OF THE STATE OF NEW YORK
  		14-6000923 649905rv0 11-05-2009 365,504,331 CONSTRUCTION OF NEW BUILDING   X   X   X
C DORMITORY AUTHORITY OF THE STATE OF NEW YORK
  		14-6000923 649903vg3 09-27-2007 125,878,626 CONSTRUCTION, REFUND 6/7/00 BONDS   X   X   X
D DORMITORY AUTHORITY OF THE STATE OF NEW YORK
  		14-6000923 64983uvz0 09-24-2003 67,374,538 REFUND 8/15/91 BONDS   X   X   X
DORMITORY AUTHORITY OF THE STATE OF NEW YORK
  		14-6000923 111111111 12-20-2012 27,609,791 TELP-FINANCE RESEARCH AND CLINICAL   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 18,470,000 0 4,645,000 48,275,000
2 Amount of bonds legally defeased . . . . . . . . . . . 0 0 0 0
3 Total proceeds of issue . . . . . . . . . . . . . . 103,566,283 367,747,785 127,325,300 67,386,255
4 Gross proceeds in reserve funds . . . . . . . . . . . . 0 29,684,477 9,203,511 6,742,119
5 Capitalized interest from proceeds . . . . . . . . . . . 0 52,927,234 2,625,921 0
6 Proceeds in refunding escrows . . . . . . . . . . . . 0 0 0 0
7 Issuance costs from proceeds . . . . . . . . . . . . 1,518,634 4,266,417 1,393,905 974,546
8 Credit enhancement from proceeds . . . . . . . . . . . 0 0 1,553,000 2,171,000
9 Working capital expenditures from proceeds . . . . . . . . . 0 0 0 0
10 Capital expenditures from proceeds . . . . . . . . . . . 0 277,714,915 97,441,776 0
11 Other spent proceeds . . . . . . . . . . . . . . 102,047,649 3,154,742 15,107,187 57,498,590
12 Other unspent proceeds . . . . . . . . . . . . . . 0 0 0 0
13 Year of substantial completion . . . . . . . . . . . . 2010 2012 2010 2003
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . . . X     X X   X  
15 Were the bonds issued as part of an advance refunding issue? . . . . .   X   X   X   X
16 Has the final allocation of proceeds been made? . . . . . . . . X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . . . . . . . . . . . . . . X   X   X   X  
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .   X   X   X    
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . .   X   X   X    
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? . . . . . . . . . . . . X   X   X      
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X   X   X      
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . . X   X   X      
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? X   X   X      
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . SchKMediumBullet 0 % 0 % 0.090 % 0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . . . . . . . SchKMediumBullet        
6 Total of lines 4 and 5 . . . . . . . . . . . . . 0.090 %   0.090 %  
7 Does the bond issue meet the private security or payment test? . . . . .   X   X   X   X
8a Has there been a sale or disposition of any of the bond financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?. . . . . . . . . . . . . . . . .   X   X   X    
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of.        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? . . . . . . . . . . . . .   X   X   X    
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? . . . . . . . 		  X   X   X    
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T? . . . . .   X   X   X   X
2 If "No" to line 1, did the following apply? . . . .
a Rebate not due yet? . . . . . . . . X   X          
b Exception to rebate? . . . . . . . .                
c No rebate due? . . . . . . . . X       X   X  
If you checked "No rebate due" in line 2c, provide in
Part VI the date the rebate computation was performed
3 Is the bond issue a variable rate issue? . . . .   X   X   X   X
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X   X   X
b Name of provider . . . . . . . . . 0
  		0
  		0
  		 
 
c Term of hedge . . . . . . . . . .        
d Was the hedge superintegrated? . . . .                
e Was the hedge terminated? . . . . . .                
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . . . . .   X   X   X   X
b Name of provider . . . . . . . . . 0
  		0
  		0
  		0
 
c Term of GIC . . . . . . . . . .        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . .                
6 Were any gross proceeds invested beyond an available temporary period? . . . . . . . . X   X   X   X  
7 Has the organization established written procedures to monitor the requirements of section 148? . . .   X   X   X   X
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?   X   X   X   X
Part VI
Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
SCHEDULE K SUPPLEMENTAL INFORMATION BOND A: PART II, LINE 3: THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS OF ISSUE AND ISSUE PRICE ON FORM 8038 IS EARNINGS OF $10,926. PART IV, LINE 7: DASNY, THE BOND ISSUER INDICATED IN PART I (COLUMN A), DIRECTS AND MONITORS INVESTMENTS AND TAKES SOLE RESPONSIBILITY FOR COMPLIANCE WITH THE REQUIREMENTS OF SECTION 148. THE ORGANIZATION DOES NOT DIRECT THE INVESTMENT OF BOND PROCEEDS. PART V: WRITTEN PROCEDURES ARE LIMITED TO THE RESEARCH PROCEDURES CONCERNING ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'S RESEARCH AGREEMENTS. THE ORGANIZATION IS AWARE THAT A VOLUNTARY CLOSING AGREEMENT PROGRAM IS AVAILABLE IF VIOLATIONS, SHOULD THEY OCCUR, OF FEDERAL TAX REQUIREMENTS CANNOT BE CORRECTED THROUGH SELF-REMEDIATION UNDER APPLICABLE REGULATIONS. THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IN THE EVENT FEDERAL TAX VIOLATIONS OCCUR THAT CANNOT BE CORRECTED THROUGH SELF-REMEDIATION, SUCH VIOLATIONS WILL QUALIFY FOR RESOLUTION THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM. BOND B: PART II, LINE 3: THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS OF ISSUE AND ISSUE PRICE ON FORM 8038 IS EARNINGS OF $2,243,454. PART II, LINE 4: ANY DIFFERENCE BETWEEN GROSS PROCEEDS ON RESERVE FUNDS AND THE AMOUNT REPORTED ON FORM 8038, PART IV, LINE 26 IS CUMULATIVE INTEREST EARNINGS. PART III, LINE 3A & 3B: ALL MANAGEMENT CONTRACTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 97-13. PART III, LINE 3C & 3D: ALL RESEARCH AGREEMENTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 2007-47. PART III, LINE 9: ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI HAS WRITTEN PROCEDURES THAT ENSURE NONQUALIFIED USE IS COMPLIANT WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2 WITH REGARDS TO RESEARCH ARRANGEMENTS. ISMMS DOES NOT HAVE WRITTEN PROCEDURES ADDRESSING OTHER NONQUALIFIED USE OF WHICH THERE IS NONE; HOWEVER, THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IF ANY BONDS BECOME NONQUALIFIED, THEY WILL BE REMEDIATED IN ACCORDANCE WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2. PART IV, LINE 7: DASNY, THE BOND ISSUER INDICATED IN PART I (COLUMN A), DIRECTS AND MONITORS INVESTMENTS AND TAKES SOLE RESPONSIBILITY FOR COMPLIANCE WITH THE REQUIREMENTS OF SECTION 148. THE ORGANIZATION DOES NOT DIRECT THE INVESTMENT OF BOND PROCEEDS. PART V: WRITTEN PROCEDURES ARE LIMITED TO THE RESEARCH PROCEDURES CONCERNING ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'S RESEARCH AGREEMENTS. THE ORGANIZATION IS AWARE THAT A VOLUNTARY CLOSING AGREEMENT PROGRAM IS AVAILABLE IF VIOLATIONS, SHOULD THEY OCCUR, OF FEDERAL TAX REQUIREMENTS CANNOT BE CORRECTED THROUGH SELF-REMEDIATION UNDER APPLICABLE REGULATIONS. THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IN THE EVENT FEDERAL TAX VIOLATIONS OCCUR THAT CANNOT BE CORRECTED THROUGH SELF-REMEDIATION, SUCH VIOLATIONS WILL QUALIFY FOR RESOLUTION THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM. BOND C: PART II, LINE 3: THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS OF ISSUE AND ISSUE PRICE ON FORM 8038 IS EARNINGS OF $1,446,674. PART II, LINE 4: ANY DIFFERENCE BETWEEN GROSS PROCEEDS ON RESERVE FUNDS AND THE AMOUNT REPORTED ON FORM 8038, PART IV, LINE 26 IS CUMULATIVE INTEREST EARNINGS. PART III, LINE 3A & 3B: ALL MANAGEMENT CONTRACTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 97-13. PART III, LINE 3C & 3D: ALL RESEARCH AGREEMENTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 2007-47. PART III, LINE 9: ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI HAS WRITTEN PROCEDURES THAT ENSURE NONQUALIFIED USE IS COMPLIANT WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2 WITH REGARDS TO RESEARCH ARRANGEMENTS. ISMMS DOES NOT HAVE WRITTEN PROCEDURES ADDRESSING OTHER NONQUALIFIED USE OF WHICH THERE IS NONE; HOWEVER, THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IF ANY BONDS BECOME NONQUALIFIED, THEY WILL BE REMEDIATED IN ACCORDANCE WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2. PART IV, LINE 2C: THE REBATE COMPUTATION SHOWING THAT NO REBATE WAS DUE FOR THIS BOND WAS LAST PERFORMED ON 12/31/2012. PART IV, LINE 7: DASNY, THE BOND ISSUER INDICATED IN PART I (COLUMN A), DIRECTS AND MONITORS INVESTMENTS AND TAKES SOLE RESPONSIBILITY FOR COMPLIANCE WITH THE REQUIREMENTS OF SECTION 148. THE ORGANIZATION DOES NOT DIRECT THE INVESTMENT OF BOND PROCEEDS. PART V: WRITTEN PROCEDURES ARE LIMITED TO THE RESEARCH PROCEDURES CONCERNING ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'S RESEARCH AGREEMENTS. THE ORGANIZATION IS AWARE THAT A VOLUNTARY CLOSING AGREEMENT PROGRAM IS AVAILABLE IF VIOLATIONS, SHOULD THEY OCCUR, OF FEDERAL TAX REQUIREMENTS CANNOT BE CORRECTED THROUGH SELF-REMEDIATION UNDER APPLICABLE REGULATIONS. THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IN THE EVENT FEDERAL TAX VIOLATIONS OCCUR THAT CANNOT BE CORRECTED THROUGH SELF-REMEDIATION, SUCH VIOLATIONS WILL QUALIFY FOR RESOLUTION THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM. BOND D: PART II, LINE 3: THE DIFFERENCE BETWEEN THE TOTAL PROCEEDS OF ISSUE AND ISSUE PRICE ON FORM 8038 IS EARNINGS OF $11,717. PART II, LINE 4: ANY DIFFERENCE BETWEEN GROSS PROCEEDS ON RESERVE FUNDS AND THE AMOUNT REPORTED ON FORM 8038, PART IV, LINE 26 IS CUMULATIVE INTEREST EARNINGS. PART IV, LINE 2C: THE REBATE COMPUTATION SHOWING THAT NO REBATE WAS DUE FOR THIS BOND WAS LAST PERFORMED ON 12/31/2012. PART IV, LINE 7: DASNY, THE BOND ISSUER INDICATED IN PART I (COLUMN A), DIRECTS AND MONITORS INVESTMENTS AND TAKES SOLE RESPONSIBILITY FOR COMPLIANCE WITH THE REQUIREMENTS OF SECTION 148. THE ORGANIZATION DOES NOT DIRECT THE INVESTMENT OF BOND PROCEEDS. PART V: WRITTEN PROCEDURES ARE LIMITED TO THE RESEARCH PROCEDURES CONCERNING ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'S RESEARCH AGREEMENTS. THE ORGANIZATION IS AWARE THAT A VOLUNTARY CLOSING AGREEMENT PROGRAM IS AVAILABLE IF VIOLATIONS, SHOULD THEY OCCUR, OF FEDERAL TAX REQUIREMENTS CANNOT BE CORRECTED THROUGH SELF-REMEDIATION UNDER APPLICABLE REGULATIONS. THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IN THE EVENT FEDERAL TAX VIOLATIONS OCCUR THAT CANNOT BE CORRECTED THROUGH SELF-REMEDIATION, SUCH VIOLATIONS WILL QUALIFY FOR RESOLUTION THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM. BOND E: PART III, LINE 3A & 3B: ALL MANAGEMENT CONTRACTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 97-13. PART III, LINE 3C & 3D: ALL RESEARCH AGREEMENTS ARE COMPLIANT WITH IRS REVENUE PROCEDURE 2007-47. PART III, LINE 9: ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI HAS WRITTEN PROCEDURES THAT ENSURE NONQUALIFIED USE IS COMPLIANT WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2 WITH REGARDS TO RESEARCH ARRANGEMENTS. ISMMS DOES NOT HAVE WRITTEN PROCEDURES ADDRESSING OTHER NONQUALIFIED USE OF WHICH THERE IS NONE; HOWEVER, THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IF ANY BONDS BECOME NONQUALIFIED, THEY WILL BE REMEDIATED IN ACCORDANCE WITH REGULATIONS SECTIONS 1.141-12 AND 1.145-2. PART IV, LINE 7: DASNY, THE BOND ISSUER INDICATED IN PART I (COLUMN A), DIRECTS AND MONITORS INVESTMENTS AND TAKES SOLE RESPONSIBILITY FOR COMPLIANCE WITH THE REQUIREMENTS OF SECTION 148. THE ORGANIZATION DOES NOT DIRECT THE INVESTMENT OF BOND PROCEEDS. PART V: WRITTEN PROCEDURES ARE LIMITED TO THE RESEARCH PROCEDURES CONCERNING ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI'S RESEARCH AGREEMENTS. THE ORGANIZATION IS AWARE THAT A VOLUNTARY CLOSING AGREEMENT PROGRAM IS AVAILABLE IF VIOLATIONS, SHOULD THEY OCCUR, OF FEDERAL TAX REQUIREMENTS CANNOT BE CORRECTED THROUGH SELF-REMEDIATION UNDER APPLICABLE REGULATIONS. THE ORGANIZATION HAS DETERMINED TO UNDERTAKE TO DEVISE PROCEDURES TO ENSURE THAT IN THE EVENT FEDERAL TAX VIOLATIONS OCCUR THAT CANNOT BE CORRECTED THROUGH SELF-REMEDIATION, SUCH VIOLATIONS WILL QUALIFY FOR RESOLUTION THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM.
Schedule K (Form 990) 2013

Additional Data


Software ID:  
Software Version:  

Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered
"Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,
or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ. MediumBullet See separate instructions.
MediumBulletInformation about Schedule L (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
 
Employer identification number

13-6171197
Part I
Excess Benefit Transactions (section 501(c)(3) and section 501(c)(4) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No





2
Enter the amount of tax incurred by organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ....... Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e)Original principal amount (f)Balance due (g) In default? (h) Approved by board or committee? (i)Written agreement?
To From Yes No Yes No Yes No
(1) DAVID ADAMS OFFICER mortgage   X 1,000,000 1,000,000   No Yes   Yes  
(2) BURT DRAYER OFFICER mortgage   X 700,000 0   No Yes   Yes  
(3) DENNIS CHARNEY OFFICER MORTGAGE   X 500,000 500,000   No Yes   Yes  
Total ......Small Bullet $ 1,500,000
Part III
Grants or Assistance Benefitting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2013
Schedule L (Form 990 or 990-EZ) 2013
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) US FOODS GOGEL & KRAVIS, TRUSTEES 566,374 SEE PART V   No
(2) HESS CORPORATION JOHN HESS, TRUSTEE 25,033,645 SEE PART V   No
(3) XO COMMUNICATIONS CARL ICAHN, TRUSTEE 1,051,410 SEE PART V   No
(4) OCH ZIFF CAPITAL MANAGEMENT DAVID WINDREICH, TRUSTEE 4,695,299 SEE PART V   No
(5) AVENUE CAPITAL GARDNER & LASRY, TRUSTEES 361,152 SEE PART V   No
(6) THE RELATED COMPANIES JEFF BLAU, TRUSTEES 266,407 SEE PART V   No
(7) HENRY SCHEIN STANLEY KOMAROFF, TRUSTEE 3,187,183 SEE PART V   No
(8) NEUBERGER BERMAN STANLEY KOMAROFF, TRUSTEE 143,589 SEE PART V   No
(9) GOTHAM BUILDING SERVICES JOEL PICKET, TRUSTEE 118,412 SEE PART V   No
(10) DR CAROLYN SICHER SUSAN CULLMAN, TRUSTEE 21,192 SEE PART V   No
(11) KIMBERLY HARRISON CLIFFORD GOLDSMITH, TRUST 99,108 SEE PART V   No
(12) KAREN KOSTEGAN MARK KOSTEGAN, OFFICER 39,614 SEE PART V   No
(13) BRIAN SCANLON DONALD SCANLON, OFFICER 66,558 SEE PART V   No
(14) GARY B DAVIS KENNETH DAVIS, OFFICER 161,905 SEE PART V   No
(15) MARGARET RUTTENBERG ERIC RUTTENBERG, TRUSTEE 41,719 SEE PART V   No
(16) DR ALEX CHARNEY DENNIS CHARNEY, OFFICER 42,383 SEE PART V   No
(17) GOTHAM CONSTRUCTION JOEL PICKET, TRUSTEE 6,525,263 SEE PART V   No
(18) DR IRWIN GRIBETZ JUDAH GRIBETZ, TRUSTEE 51,992 SEE PART V   No
(19) BENJAMIN LAITMAN Dr. Laitman, Trustee 33,910 SEE PART V   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L, Part IV, Column D Business Transactions involving interested parties. Name of Interested Person: US Foods Mount Sinai purchases a portion of its food from US Foodservice. All such purchases are made under a group purchasing organization (GPO) arrangement that has been negotiated with US Foods. These GPO prices are available to Mount Sinai and all other members of the local healthcare association. Mount Sinai monitors this relationship for cost, quality and overall performance on an ongoing basis. Mr. Gogel and Mr. Kravis are CEOs of firms that are each indirectly a greater-than-35% owner of US Foods. Neither Mr. Gogel nor Mr. Kravis were involved in decisions related to the organization's purchases from U.S. Foods. Name of Interested Person: Hess Corporation Following an objective, competitive multi-party bidding process (in which Mr. Hess was uninvolved), the organization purchased natural gas and fuel oil from Hess Corporation. Mount Sinai monitors this relationship for cost, quality and overall performance on an ongoing basis. Mr. Hess is Chief Executive Officer of, and has a financial interest in, Hess Corporation and remains uninvolved in the organization's decisions related to Hess Corporation. Name of Interested Person: XO Communications Following an extensive RFP and a multi-party competitive bidding process, as well as a review by a special board committee (which did not include Mr. Icahn) of the engagement process, the organization purchased communications services from XO Communications. Mount Sinai monitors this relationship for cost, quality and overall performance on an ongoing basis. Mr. Icahn is a greater-than-35% owner of XO Communications. Mr. Icahn remains uninvolved in the organization's decisions related to XO Communications. Name of Interested Person: OCH Ziff Capital Management Mr. Windreich is a Director of Och Ziff Capital Management ("Och Ziff"), which manages investment capital for the organization. Mr. Windreich has no involvement in the organization's investment decisions or its involvement with Och Ziff. The fees charged by Och Ziff to the organization are in line with industry standards and are the same as the fees charged to other investors in the same fund. Mount Sinai monitors this relationship for cost, quality and overall performance on an ongoing basis. Name of Interested Person: Avenue Capital Trustee Sonia Gardner and former Trustee Marc Lasry are 100% owners of Avenue Capital, which managed investment capital for the organization in 2013. The fees charged by Avenue Capital to the organization are in line with industry standards and are the same as the fees charged to other investors in the same fund. At all relevant times, Mount Sinai monitored this relationship for cost, quality and overall performance. Neither Ms. Gardner nor Mr. Lasry was involved in the organization's decisions related to Avenue Capital. Name of Interested Person: The Related Companies Following an extensive RFP and a multi-party competitive bidding process, as well as a review by a special board committee (which did not include Mr. Blau) of the engagement process, the organization purchased consulting and management services from The Related Companies ("TRC"). Mr. Blau is a Director of the general partner of TRC. Mount Sinai monitors this relationship for cost, quality and overall performance on an ongoing basis. Mr. Blau remains uninvolved in the organization's decisions regarding The Related Companies. Name of Interested Person: Henry Schein Prior to Trustee Stanley Komaroff's membership on Mount Sinai's Board of Trustees, Mount Sinai entered into a multi-year agreement to purchase medical supplies from Henry Schein ("Schein"). The decision to engage Schein was the result of a competitive bidding process and business review meetings have been held with Schein management during the term of the contract in order to monitor the cost, quality and performance of Schein. Mr. Komaroff is an officer of Schein and remains uninvolved in Mount Sinai's decisions related to Schein. Name of Interested Person: Neuberger Berman Trustee Stanley Komaroff's son is an officer of the Neuberger Berman firm, which manages investment capital for the organization. Neither Mr. Komaroff nor his son are involved with the organization's investment decisions or its involvement with Neuberger Berman. The fees charged by Neuberger Berman to the organization are in line with industry standards and are the same as the fees charged to other investors in the same fund. Mount Sinai monitors this relationship for cost, quality and overall performance on an ongoing basis. Name of Interested Person: Gotham Construction Prior to Trustee Joel Picket's membership on Mount Sinai's Board of Trustees, Mount Sinai engaged subsidiary entity of the Gotham Organization, Inc. ("Gotham") to provide design and construction services to the organization. Mr. Picket is Chairman and CEO of Gotham and its subsidiary. At all relevant times, Mount Sinai monitored the performance of Gotham in order to ensure that it was satisfied with the quality and cost of those services. Mr. Picket remains uninvolved in the organization's decisions related to Gotham and its subsidiary. Name of Interested Person: Carolyn Sicher Trustee Susan Cullman's daughter is employed by the Icahn School of Medicine at Mount Sinai. Ms. Cullman has no involvement in decisions related to her daughter's employment. Name of Interested Person: Kimberly Harrison Former Trustee Clifford Goldsmith's granddaughter is employed by the Icahn School of Medicine at Mount Sinai. Mr. Goldsmith had no involvement in decisions related to his granddaughter's employment. Name of Interested Person: Irwin Gribetz Trustee Judah Gribetz's brother is employed by the Icahn School of Medicine at Mount Sinai. Mr. Gribetz has no involvement in decisions related to his brother's employment. Name of Interested Person: Karen Kostegan Officer Mark Kostegan's spouse is an employee of the Icahn School of Medicine at Mount Sinai. Mr. Kostegan has no involvement in decisions related to his wife's employment. Name of Interested Person: Brian Scanlon Officer Donald Scanlon's son is an employee of the Mount Sinai Hospital. Mr. Scanlon has no involvement in decisions related to his son's employment. Name of Interested Person: Gary B. Davis Officer Dr. Kenneth Davis' brother is an employee of the Hospital. Dr. Davis has no involvement in decisions related to his brother's employment. Name of Interested Person: Margaret Ruttenberg Trustee Eric Ruttenberg's sister-in-law is an employee of the Icahn School of Medicine at Mount Sinai. Mr. Ruttenberg has no involvement in decisions related to his sister-in-law's employment. Name of Interested Person: Dr. Alex Charney Officer Dennis Charney's son is an employee of the Mount Sinai Hospital. Dr. Charney has no involvement in decisions related to his son's employment. Name of Interested Person: BENJAMIN LAITMAN Trustee Dr. Jeffrey T. Laitmans son is an employee of the Icahn School of Medicine at Mount Sinai. Dr. Laitman has no involvement in decisions related to his sons employment. *All reported amounts reflect aggregate 2013 spending for The Mount Sinai Hospital, The Icahn School of Medicine at Mount Sinai, Mount Sinai Realty Corp, and MSMC Residential Realty. Hospital, The Icahn School of Medicine at Mount Sinai, Mount Sinai Realty Corp, and MSMC Residential Realty.
Schedule L (Form 990 or 990-EZ) 2013

Additional Data


Software ID:  
Software Version:  




SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
Noncash Contributions
Right pointing arrow large imageComplete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
Right pointing arrow large imageInformation about Schedule M (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
 
Employer identification number

13-6171197
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of contributions or items contributed 		(c)
Noncash contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
noncash contribution amounts
1 Art—Works of art .... X 4 9,100 RESALE VALUE
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications .. X 1,653 RESALE VALUE
5 Clothing and household
goods ....... 		X 21,182 RESALE VALUE
6 Cars and other vehicles .. X 1 0 N/A
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 68 3,805,620 RESALE VALUE
10 Securities—Closely held stock .        
11 Securities—Partnership, LLC,
or trust interests .... 		       
12 Securities—Miscellaneous ..        
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential .        
16 Real estate—Commercial ..        
17 Real estate—Other ...        
18 Collectibles ..... X 10 6,981 RESALE VALUE
19 Food inventory ... X 6 1,652 RESALE VALUE
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( COSMETICS ) X 5 19,635 resale value
26 Other Right pointing arrow large image ( DINING & ENTERTAINMENT ) X 17 13,135 resale value
27 Other Right pointing arrow large image ( ELECTRONICS ) X 1 299 resale value
28 Other Right pointing arrow large image ( FLOWER ) X 1 250 resale value
Other Right pointing arrow large image ( GIFT BASKET ) X 14 2,254 resale value
Other Right pointing arrow large image ( GIFT CERTIFICATE ) X 27 28,577 resale value
Other Right pointing arrow large image ( GOLF ) X 1 500 resale value
Other Right pointing arrow large image ( JEWLERY ) X 8 10,966 resale value
Other Right pointing arrow large image ( SCIENCE KIT ) X 1 50 resale value
Other Right pointing arrow large image ( SHOW TICKETS ) X 11 2,961 RESALE VALUE
Other Right pointing arrow large image ( SPORTS EVENT ) X 10 12,534 RESALE VALUE
Other Right pointing arrow large image ( TOUR ) X 7 6,654 RESALE VALUE
Other Right pointing arrow large image ( TOYS ) X 1 75 RESALE VALUE
Other Right pointing arrow large image ( VACATION ) X 14 50,298 RESALE VALUE
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement ...
29
 
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that
it must hold for at least three years from the date of the initial contribution, and which is not required to be used
for exempt purposes for the entire holding period? ..................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ..........................
32a
Yes
 
b
If "Yes," describe in Part II.
33
If the organization did not report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) (2013)
Schedule M (Form 990) (2013)
Page 2
Part II
Supplemental Information. Provide the information required by Part I, lines 30b,
32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.
Return Reference Explanation
SCHEDULE M, PART I, LINE 9 5,000 SHARES OF PORTFOLIO RECOVERY ASSOCIATES VALUED AT $290,100 10,000 SHARES OF INTERXION VALUED AT $261,200 1,000,000 SHARES OF MORGAN STANLEY GLOBAL MTN NT SER F VALUED AT $175,346 4,646 SHARES OF NIELSEN HLDG NV VALUED AT $152,668 1 SHARES OF BERKSHIRE HATHAWAY CLASS A VALUED AT $130,000 700 SHARES OF STANDARD & POORS DEPOSITARY RECEIPTS VALUED AT $128,548 800 SHARES OF BOEING VALUED AT $109,336 2,050 SHARES OF CBS VALUED AT $100,163 1,985 SHARES OF CBS VALUED AT $100,064 450 SHARES OF VISA VALUED AT $97,673 75 SHARES OF GOOGLE VALUED AT $82,094 3,618 SHARES OF CORPORATE BACK TRUST CERTIFICATES VALUED AT $78,330 700 SHARES OF HOME DEPOT VALUED AT $56,238 190 SHARES OF PRECISION CASTPARTS VALUED AT $51,030 250 SHARES OF VISA INC. VALUED AT $50,285 577 SHARES OF PHILIP MORRIS INT'L VALUED AT $50,251 914 SHARES OF GOLDMAN SACHS VALUED AT $50,000 1,105 SHARES OF CBS CORPORATION CL B VALUED AT $49,869 500 SHARES OF AMEX VALUED AT $43,555 650 SHARES OF CBS CORPORATION CL B VALUED AT $38,032 500 SHARES OF WALT DISNEY VALUED AT $36,475 150 SHARES OF VISA VALUED AT $32,747 474 SHARES OF TARGET VALUED AT $30,184 25 SHARES OF GOOGLE VALUED AT $27,792 250 SHARES OF VALEANT PHARMACEUTICALS VALUED AT $26,553 1,000 SHARES OF Chefs Warehouse VALUED AT $25,990 550 SHARES OF NUCOR CORP VALUED AT $25,669 430 SHARES OF CBS CORPORATION CL B VALUED AT $25,194 471 SHARES OF ONEOK VALUED AT $24,742 306 SHARES OF ROYAL DUTCH SHELL VALUED AT $19,872 1,250 SHARES OF NUTRISYSTEM INC. VALUED AT $23,763 279 SHARES OF AUTOMATIC DATA PROCESSING VALUED AT $22,088 326 SHARES OF EMERSON ELECTRIC VALUED AT $21,998 414 SHARES OF JPMORGAN VALUED AT $19,690 400 SHARES OF NUCOR CORP VALUED AT $19,264 581 SHARES OF MUTUAL FUND "FGFCX" VALUED AT $17,547 100 SHARES OF UNION PACIFIC VALUED AT $16,407 940 SHARES OF KNOLL INC. VALUED AT $15,952 165 SHARES OF VANGUARD MID?CAP ETF VALUED AT $15,106 169 SHARES OF EXXON MOBIL VALUED AT $14,935 130 SHARES OF CHEVRON VALUED AT $14,880 276 SHARES OF ABBVIE VALUED AT $14,156 139 SHARES OF HEINZ VALUED AT $10,069 100 SHARES OF AUTOMATIC DATA PROCESSING VALUED AT $7,789 105 SHARES OF CBS VALUED AT $5,153 112 SHARES OF WELLS FARGO VALUED AT $4,991 45 SHARES OF UNITED TECHNOLOGY VALUED AT $4,990 154 SHARES OF BANK OF NEW YORK MELLON VALUED AT $4,883 33 SHARES OF HONEYWELL VALUED AT $2,872 100 SHARES OF GENERAL ELECTRIC VALUED AT $2,789 30 SHARES OF JOHNSON & JOHNSON VALUED AT $2,752 50 SHARES OF BALCHEM CORP VALUED AT $2,667 140 SHARES OF CHICOS VALUED AT $2,589 21 SHARES OF COCA COLA FEMSA VALUED AT $2,490 13 SHARES OF PIONEER NATURAL VALUED AT $2,456 17 SHARES OF CHEVRON VALUED AT $2,078 67 SHARES OF PFIZER VALUED AT $2,033 23 SHARES OF EXXON MOBIL VALUED AT $2,027 15 SHARES OF PHILIP MORRIS INTL VALUED AT $1,374 8 SHARES OF UNION PACIFIC VALUED AT $1,246 1 SHARES OF GOOGLE VALUED AT $1,117 11 SHARES OF JOHNSON & JOHNSON VALUED AT $1,012 16 SHARES OF MAGELLAN MIDSTREAM VALUED AT $990 5 SHARES OF PRAXAIR VALUED AT $620 7 SHARES OF LYONDELLBASELL INDUSTRIES VALUED AT $542 2 SHARES OF 3M VALUED AT $240 3 SHARES OF HARRIS CORP VALUED AT $207 4 SHARES OF PFIZER VALUED AT $124 14,000 SHARES OF PG VALUED AT $1,149,742
SCHEDULE M, PART I, LINE 32B NON-CASH DONATIONS ARE RESOLD THROUGH OUTSIDE AUCTION HOUSES.
Schedule M (Form 990) (2013)
Additional Data


Software ID:  
Software Version:  
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
 
Employer identification number

13-6171197
Return Reference Explanation
PART I, LINE 1 & PART III, LINE 1 ORGANIZATION MISSION STATEMENT ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI COMMITS TO THE ADVANCEMENT OF THE ART AND SCIENCE OF MEDICINE THROUGH CLINICAL EXCELLENCE. THIS CENTRAL MISSION CONSISTS OF QUALITY PATIENT CARE AND TEACHING CONDUCTED IN AN ATMOSPHERE OF SOCIAL CONCERN AND SCHOLARLY INQUIRY INTO THE NATURE, CAUSATION, PREVENTION AND TREATMENT OF HUMAN DISEASE. PART I, LINE 5 NUMBER OF EMPLOYEES All employees of The Mount Sinai Hospital and The Icahn School of Medicine at Mount Sinai, including those who provide services at Elmhurst Hospital Center and Queens Hospital Center, utilize a common paymaster under the Hospital's tax identification number. The total number of employees reported under the Hospital tax identification number is 22,854. The number of direct School employees is 9,647.
PART VI, SECTION A, LINE 2 FAMILY/BUSINESS RELATIONSHIPS Trustees Leon Black and Joshua Harris are managing partners of the same firm. Trustees James Crystal and Jean Crystal are married to each other. Trustees Carl Icahn and Gail Golden-Icahn are married to each other and Mrs. Golden-Icahn is an employee of an organization of which Mr. Icahn is a director. Trustees Edgar Cullman, Jr. and Susan Cullman are siblings. Trustee Bonnie Davis, M.D. is married to Kenneth Davis, M.D., who is President and Chief Executive Officer of the Mount Sinai Hospital. Trustee Sonia Gardner and Former Trustee Marc Lasry are siblings and are also co-owners of the same firm. Trustees Michael Gross and Vicki Panzier Gross are married to each other. Trustees Kenneth Mehlman and Marc Lipschultz are members of a firm of which Trustee Henry Kravis is co-CEO. Trustees Judith Rubin and Hon. Robert Rubin are married to each other. Trustees Peter Cohen and Thomas Strauss are officers of the same firm. Trustees Donald Gogel and Henry Kravis are CEOs of firms that are each indirectly a greater-than 35% owner of US Foods. Trustee Steven Hochberg is a member of a firm that is managed by Trustee James Flynn. Trustees Frank Bisignano, Joseph Plumeri and Henry Kravis are board members of the same firm. Trustees Joel Picket and Michael Zimmerman are board members of the same firm. Trustees Michael Gross and Steve Hochberg are board members of the same firm.
PART VI, SECTION A, LINE 4 On July 22, 2013, the organization's charter was amended to authorize a new not-for-profit parent holding company to become the sole member of the organization. Effective as of September 30, 2013, the Bylaws of the organization were amended and restated to provide that Mount Sinai Health System, Inc. (the "Member") was to be the member of the organization and would have the power to appoint trustees to the organization's Board of Trustees. In addition, the bylaws of the organization were further revised to restructure the membership of its Boards of Trustees and to provide that the Board of Trustees of the organization could not amend the bylaws without the consent of the Member if such amendment removed any powers of the Member.
Part VI, Section A, Line 6 Mount Sinai Health System, Inc. is the Sole Member of the organization.
Part VI, Section A, Line 7a The Member has the power to elect the members of the governing body of the organization.
Part VI, Section A, Line 7b The Member has the power to elect the members of the governing body of the organization. In addition, the Board of Trustees of the organization cannot amend the bylaws without the consent of the Member if such amendment removed any powers of the Member.
Part VI, Section B, Line 11B Form 990 provided to governing body The Finance Department gathered the relevant information and prepared the tax returns * Our outside auditors, Ernst & Young, participated in the preparation of, and reviewed, all tax returns. * A questionnaire was circulated to all trustees (i.e., directors), officers and key employees in order to elicit the information required to be reported on the tax returns. * The Trustee Conflicts of Interest Review Committee reviewed the responses provided by trustees and certain officers in the questionnaires and assessed additional pertinent facts gathered by the institution in order to evaluate the applicability of IRS reporting requirements. The Review Committee then determined the appropriate trustee (and certain officer) disclosures that should be made on Form 990 based on the recommendations of the Finance Department, the General Counsel's office and the Audit and Compliance Department. These recommendations were reviewed and approved by E&Y. The same process was conducted by the Finance Department, the General Counsel's office, the Audit and Compliance Department and E&Y with respect to the questionnaires submitted by other officers and key employees * The tax returns were presented to the Audit and Compliance Committee of the Board of Trustees with the participation of E&Y, the Finance Department, the General Counsel's office, and the Audit and Compliance Department. The Audit Committee reviewed and approved the tax returns as presented. * The Audit Committee's report of its review of the tax returns and its recommendation to file the returns were presented to, and accepted by, the Executive Committee of the Board of Trustees (the "Executive Committee"). * In addition to authorizing the filing of the tax returns, the Executive Committee directed that the returns, which will be filed on or before November 15, 2014, be provided to all trustees via the trustees' confidential website, and those returns were so provided before being filed.
Part VI, Section B, Line 12C Monitoring & enforcing compliance with the policy Compliance with the Organization's Business Conflicts of Interest Policy (the "Policy") is required of trustees, employees, medical staff and non-employee members of institutional committees and includes an ongoing duty to disclose potential conflicts. Compliance with the Policy is monitored and enforced regularly and consistently. All disclosures with the potential for conflict are reviewed by an appropriate committee where they are carefully evaluated. When appropriate, a plan, which may involve measures including, but not limited to, recusal from participating in affected transactions, is developed to manage the potential conflict.
Part VI, Section B, Lines 15A & 15B Process for determination of compensation The Compensation, Employee Benefits and Employee Relations Committee of the Boards of Trustees (the "Compensation Committee") determines the compensation for the CEO and reviews and modifies or approves the CEO's recommendations for compensation for other officers and key employees, including physician leaders, who are or may be "disqualified persons" as that term is defined in IRC Section 4958. The Compensation Committees' operating procedures are designed to ensure that the compensation of all such officers and key employees is reasonable (i.e. the value of services is the amount that would ordinarily be paid for like services by like enterprises under like circumstances), and to follow the specific steps outlined in the IRC regulations for establishing the rebuttable presumption of reasonableness that a transaction is not an excess benefit transaction. The Compensation Committee consists exclusively of independent trustees without any conflict of interest (as defined in the applicable IRC regulations) with regard to the compensation arrangements being reviewed or approved. The absence of any conflict of interest with respect to items on that meeting's agenda is confirmed at the beginning of each meeting of the Compensation Committee. The Compensation Committee selects and engages an independent, qualified compensation consultant which performs such valuations on a regular basis to provide appropriate comparability data. Comparability data includes, but is not limited to, compensation levels paid by similarly situated organizations, both taxable and tax-exempt, for functionally comparable positions; the availability of similar services in Mount Sinai's geographic area; current compensation surveys compiled by independent firms; customized surveys in specific circumstances, and actual written offers from similar institutions competing for the services of the disqualified person. The sources of the comparability data used by the compensation consultant are provided to the Compensation Committee. The Compensation Committee receives and reviews the comparability data and any analysis provided by the consultant, as well as information provided by management or, in the case of the CEO, by the Chairman of the Board of Trustees, including information about the CEO's performance. For the CEO, the Committee then determines an appropriate level of total compensation in relation to the comparability data. For the other executives and key employees, the Committee also reviews the position description, the credentials of the incumbent or the candidate for the position, an incumbent's performance appraisal, and the CEO's (or Chairman of the Board's, with respect to the CEO) recommendation, in relation to the comparability data, and decides whether to approve the recommended compensation or to modify it. The Compensation Committee discusses and votes on the compensation arrangements for the CEO, CFO and other senior executive staff members in executive session. The Compensation Committee contemporaneously documents in written minutes the terms of the transaction that was approved and the date it was approved; the members of the Compensation Committee who were present during debate on the transaction that was approved and those who voted on it; the comparability data and information from management obtained and relied on, and how the comparability data was obtained; and the Compensation Committee's basis for the decisions, if the approved compensation is outside the range of comparability data. These minutes are prepared before the later of the next meeting of the Compensation Committee or 60 days after the final actions of the Compensation Committee are taken with respect to the compensation decisions made. The minutes are reviewed and approved by the Compensation Committee within a reasonable time thereafter.
Part VI, Section C, Line 19 Governing documents, conflict of interest policy available to the public The organization makes its Business Conflicts of Interest Policy available on its website (www.mountsinai.org) and makes its governing documents and financial statements available upon request.
Part VII, Line 2 Employees who received more than $100,000 in compensation Direct School employees who receive more than $100,000 total 2,360. This excludes employees of the other entities for which the Hospital operates as the paymaster as described in the Schedule O explanation for IRS Form 990, Core Form Part I, Line 5.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2013

Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.
MediumBullet Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI
 
Employer identification number

13-6171197
Part I
Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity
(1) MOUNT SINAI CARE LLC
1 GUSTAVE LEVY PLACE BOX 1061
NEW YORK,NY10029
45-4492275 		ACCT CARE ORG NY   -2,008,832 ISMMS
 










Part II
Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No
(1) THE MOUNT SINAI MEDICAL CENTER INC

ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
13-6271888 		SUPPORT NY 501(C)(3) 11 TYPE II MSHS
 
Yes
 
(2) THE MOUNT SINAI HOSPITAL

ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
13-1624096 		HOSPITAL NY 501(C)(3) 3 MSHG
 
Yes
 
(3) MITRAL FOUNDATION

1190 FIFTH AVENUE

NEW YORK,NY10029
80-0468600 		RESEARCH NY 501(C)(3) 11 TYPE II ISMMS
 
Yes
 
(4) THE MOUNT SINAI CHILDREN'S CENTER FND

ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
22-3059294 		SUPPORT NY 501(C)(3) 11 TYPE II ISMMS
 
Yes
 
(5) MSMC REALTY CORPORATION

ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
13-3852596 		REAL ESTATE NY 501(C)(3) 11 TYPE II SEE PART VII
 
Yes
 
(6) MSMC RESIDENTIAL REALTY LLC

1425 MADISON AVENUE

NEW YORK,NY10029
20-0244426 		REAL ESTATE NY 501(C)(3) 11 TYPE II SEE PART VII
 
Yes
 
(7) MOUNT SINAI DIAG & TREATMENT CENTER

ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
45-0537391 		DIAG CLINIC NY 501(C)(3) 3 MSH
 
Yes
 
(8) MSMC RESIDENTIAL REALTY MANAGER INC

1425 MADISON AVENUE

NEW YORK,NY10029
20-1289396 		MGMT NY 501(C)(3) 11 TYPE II SEE PART VII
 
Yes
 
(9) VALENTIN FUSTER MT SINAI FND SCI HLTH

ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
80-0952088 		SUPPORT NY 501(C)(3) 11 TYPE II ISMMS & MSH
 
Yes
 
(10) MOUNT SINAI HEALTH SYSTEM INC

ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
46-4248304 		HOLDING CO NY 501(C)(3) 11 TYPE I NA
 
 
No
(11) MOUNT SINAI HOSPITAL GROUP INC

ONE GUSTAVE L LEVY PLACE

NEW YORK,NY10029
46-4242915 		HOLDING CO NY 501(C)(3) 11 TYPE I MSHS
 
Yes
 
(12) CONTINUUM HEALTH PARTNERS INC

555 WEST 57TH STREET 5TH FL

NEW YORK,NY10019
13-3939476 		HOLDING CO NY 501(C)(3) 11 TYPE I NA
 
 
No
(13) BIMC FOUNDATION INC

555 WEST 57TH STREET 5TH FL

NEW YORK,NY10019
13-3255377 		FUNDRAISING DE 501(C)(3) 11 TYPE I BIMC
 
Yes
 
(14) BIMC HOLDING CORPORATION

FIRST AVENUE AT 16TH STREET

NEW YORK,NY10003
13-3444730 		HOLDING CO NY 501(C)(3) 11 TYPE I BIMC
 
Yes
 
(15) BETH ISRAEL AMBULATORY CARE SERVICES

555 WEST 57TH STREET 5TH FL

NEW YORK,NY10019
13-3838460 		SURGICENTER NY 501(C)(3) 3 BIMC HOLDCO
 
Yes
 
(16) BI NURSING HOME COMPANY

327 EAST 17TH STREET

NEW YORK,NY10003
13-3627753 		NURSING HOME NY 501(C)(3) 3 BIMC HOLDCO
 
Yes
 
(17) EAST 17TH STREET PROPERTIES INC

555 WEST 57TH STREET 5TH FL

NEW YORK,NY10019
13-3547502 		REAL ESTATE NY 501(C)(3) 9 BIMC HOLDCO
 
Yes
 
(18) THE LONG ISLAND COLLEGE HOSPITAL

555 WEST 57TH STREET 5TH FL

NEW YORK,NY10019
11-1018985 		HOSPITAL NY 501(C)(3) 3 CHP
 
 
No
(19) ST LUKE'S-ROOSEVELT HOSPITAL CENTER

1111 AMSTERDAM AVENUE

NEW YORK,NY10025
13-2997301 		HOSPITAL NY 501(C)(3) 3 MSHG
 
Yes
 
(20) AUGUSTUS & JAMES CORPORATION

555 WEST 57TH STREET

NEW YORK,NY10019
13-3392851 		REAL ESTATE NY 501(C)(3) 11 TYPE II SLR
 
Yes
 
(21) ST LUKE'S-ROOSEVELT INSTITUTE FOR HEALTH

1111 AMSTERDAM AVENUE

NEW YORK,NY10025
13-2914343 		RESEARCH NY 501(C)(3) 4 SLR
 
Yes
 
(22) NEW YORK EYE AND EAR INFIRMARY

310 EAST 14TH STREET

NEW YORK,NY10003
13-5562304 		HOSPITAL NY 501(C)(3) 3 MSHG
 
Yes
 
(23) NEW YORK EYE & EAR INFIRMARY FNDN

310 EAST 14TH STREET

NEW YORK,NY10003
13-4012469 		PRIVATE FDN NY 501(C)(3) PF NYEE
 
Yes
 
(24) NYEEI HOUSING COMPANY INC

317-327 EAST 13TH STREET

NEW YORK,NY10003
31-1696826 		REAL ESTATE NY 501(C)(2) N/A NYEE
 
Yes
 
(25) BETH ISRAEL MEDICAL CENTER FDN INC

555 WEST 57TH STREET

NEW YORK,NY10019
30-0571387 		FUNDRAISING NY 501(C)(3) 7 BIMC
 
Yes
 
(26) ST LUKE'S-ROOSEVELT HOSPITAL CENTER FDN

555 WEST 57TH STREET

NEW YORK,NY10019
30-0571390 		FUNDRAISING NY 501(C)(3) 7 SLR
 
Yes
 
(27) BETH ISRAEL MEDICAL CENTER

FIRST AVENUE AT 16TH STREET

NEW YORK,NY10003
13-5564934 		HOLDING CO NY 501(C)(3) 11 TYPE I MSHG
 
Yes
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) GREATER METROPOLITAN IPA II

555 WEST 57TH STREET 5TH FL
NEW YORK,NY10019
13-3977019 		INACTIVE NY BIMCSLR
  		c         No
(2) GREATER METROPOLITAN IPA V

555 WEST 57TH STREET 5TH FL
NEW YORK,NY10019
13-4141695 		INACTIVE NY BIMCSLR
  		c         No
(3) MANHATTAN MANAGEMENT SERVICES

1780 BROADWAY 7TH FL
NEW YORK,NY10019
13-3618543 		MGMT SERVICES NY SLR
  		c         No
(4) SLR MANAGEMENT SERVICES

555 WEST 57TH STREET 5TH FL
NEW YORK,NY10019
13-3853145 		MGMT SERVICES NY SLR
  		c         No
(5) WEST CARE MEDICAL PC

555 WEST 57TH STREET 5TH FL
NEW YORK,NY10019
13-3811203 		INACTIVE NY SLR
  		c         No
(6) CHP VENTURES INC

555 WEST 57TH STREET 5TH FL
NEW YORK,NY10019
46-0953126 		HEALTH CARE MGMT NY BIMC HOLDCO
  		c         No


Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 3
Part V
Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest (ii) annuities (iii) royalties or (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
 
No
b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
 
No
c Gift, grant, or capital contribution from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
Yes
 
d Loans or loan guarantees to or for related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
Yes
 
e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Dividends from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
Yes
 
h Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
Yes
 
j Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
Yes
 
k Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .
1l
 
No
m Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .
1m
Yes
 
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . .
1n
Yes
 
o Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
Yes
 
p Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
Yes
 
q Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
Yes
 
r Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
 
No
s Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1s
Yes
 
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) THE MOUNT SINAI HOSPITAL

 P 985,989,852 COST
(2) THE MOUNT SINAI HOSPITAL

 Q 189,357,043 COST
(3) THE MOUNT SINAI HOSPITAL

 G 21,615,023 COST
(4) THE MOUNT SINAI HOSPITAL

 N 23,942,883 COST
(5) THE MOUNT SINAI HOSPITAL

 C 31,548,000 COST
(6) THE MOUNT SINAI HOSPITAL

 M 12,838,294 COST
(7) THE MOUNT SINAI HOSPITAL

 J 7,636,400 COST
(8) THE MOUNT SINAI HOSPITAL

 D 22,128,709 COST
(9) THE MOUNT SINAI MEDICAL CENTER INC

 I 600,000 cost
(10) THE MOUNT SINAI MEDICAL CENTER INC

 s 2,701,990 COST
(11) THE MOUNT SINAI HOSPITAL

 s 2,701,990 COST
(12) THE MOUNT SINAI HOSPITAL

 i 600,000 COST
(13) MOUNT SINAI CHILDREN'S CENTER FOUNDATION inc

 c 534,317 COST
(14) MOUNT SINAI CHILDREN'S CENTER FOUNDATION inc

 o 293,954 cost
(15) MOUNT SINAI CHILDREN'S CENTER FOUNDATION inc

 i 413,279 cost
(16) MITRAL FOUNDATION

 O 74,698 COST
(17) MOUNT SINAI BETH ISRAEL

 O 124,585 COST
(18) MOUNT SINAI ST LUKE'S-ROOSEVELT

 O 101,854 COST
(19) MITRAL FOUNDATION

 C 76,311 COST
Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V?UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R (see instructions).
Return Reference Explanation
PART II, LINE 5, COLUMN F - MSMC REALTY CORPORATION DIRECT CONTROLLING ENTITY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL AND MOUNT SINAI MEDICAL CENTER ARE ALL MEMBERS OF THIS ENTITY.
PART II, LINE 6, COLUMN F - MSMC RESIDENTIAL REALTY LLC DIRECT CONTROLLING ENTITY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL, THE MSMC REALTY CORPORATION AND THE MSMC RESIDENTIAL REALTY MANAGER, INC. ARE ALL MEMBERS OF THIS ENTITY.
PART II, LINE 1, COLUMN F - MSMC RESIDENTIAL REALTY MANAGER, INC DIRECT CONTROLLING ENTITY ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI, THE MOUNT SINAI HOSPITAL AND THE MSMC REALTY CORPORATION ARE ALL MEMBERS OF THIS ENTITY.
Schedule R (Form 990) 2013
Additional Data


Software ID:  
Software Version: