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.
MediumBullet Information about Form 990 and its instructions is at www.IRS.gov/form990.
OMB No. 1545-0047
2014
Open to Public Inspection
A For the 2014 calendar year, or tax year beginning 01-01-2014 , and ending 12-31-2014
BCheck if applicable:
CName of organization
MINNEAPOLIS MEDICAL RESEARCH FOUNDATION
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
701 PARK AVENUE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
MINNEAPOLIS, MN55415
D Employer identification number

41-1677920
E Telephone number

G Gross receipts $ 39,437,169
F Name and address of principal officer:
PAUL PENTEL MD
701 PARK AVENUE
MINNEAPOLIS,MN55415
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.MMRF.ORG
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: 1952
M State of legal domicile: MN
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: IMPROVE PATIENT CARE AND THE HEALTH OF OUR COMMUNITY THROUGH RESEARCH AND EDUCATION.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 12
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 3
5 Total number of individuals employed in calendar year 2014 (Part V, line 2a) ...... 5 250
6 Total number of volunteers (estimate if necessary) ............. 6 150
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 0
b Net unrelated business taxable income from Form 990-T, line 34 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 33,459,772 34,619,393
9 Program service revenue (Part VIII, line 2g) ......... 110,675 53,984
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 1,114,774 1,028,744
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 0 0
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 34,685,221 35,702,121
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 0 0
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) 15,225,084 17,578,330
16a Professional fundraising fees (Part IX, column (A), line 11e)..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet2,113    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 18,129,883 18,713,791
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 33,354,967 36,292,121
19 Revenue less expenses. Subtract line 18 from line 12....... 1,330,254 -590,000
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 39,626,488 38,387,402
21 Total liabilities (Part X, line 26)............. 2,941,860 2,514,974
22 Net assets or fund balances. Subtract line 21 from line 20..... 36,684,628 35,872,428
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 (2014)
Form 990 (2014)
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: IMPROVE PATIENT CARE AND THE HEALTH OF OUR COMMUNITY THROUGH RESEARCH AND EDUCATION.
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 $ 28,958,353 including grants of $   ) (Revenue $ 3,535 )
CLINICAL RESEARCH AND EDUCATIONAL ACTIVITIES:PARTICIPANTS IN THE MINNEAPOLIS MEDICAL RESEARCH FOUNDATION (MMRF) CLINICAL RESEARCH STUDIES HAVE ACCESS TO SOME OF THE NEWEST MEDICAL TREATMENTS AVAILABLE. OUR SCIENTISTS ARE TESTING TREATMENTS FOR HEART FAILURE, STUDYING WAYS TO MANAGE KIDNEY DISEASE, AND ARE HELPING TO TRAIN THE NEXT GENERATION OF SCIENTISTS AND MEDICAL PROFESSIONALS. OUR SCIENTISTS ALSO PUBLISH REGULARLY IN PEER REVIEWED JOURNALS. SEE SCHEDULE O - GENERAL STATEMENT.
4b (Code:   ) (Expenses $ 4,495,313 including grants of $   ) (Revenue $ 50,449 )
BASIC LABORATORY RESEARCH:IN THE MMRF LABS, WE STUDY THE CAUSES AND TREATMENTS OF DISEASE. WE DEVELOPED NEW WAYS TO HELP PEOPLE QUIT SMOKING AND ARE SEARCHING FOR NEW WAYS TO REGENERATE LIVER TISSUE IN PEOPLE WITH CHRONIC LIVER DISEASE. RESEARCHERS IN OUR LABS ALSO PUBLISH REGULARLY IN PEER REVIEWED JOURNALS. SEE SCHEDULE O - GENERAL STATEMENT.
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet33,453,666
Form 990 (2014)
Form 990 (2014)
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 IClick to see attachment..........
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 IIClick to see attachment........
4
Yes
 
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 IIIClick to see attachment............................
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
 
No
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
 
No
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
 
No
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
Yes
 
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
Yes
 
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 E....
13
 
No
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) ....
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............
18
 
No
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...................
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 (2014)
Form 990 (2014)
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 domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II..
21
 
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........
22
 
No
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................
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
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
 
 
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I....
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...................
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 "Yes," complete Schedule L, Part II................
26
 
No
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.........
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 ..........................
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If "Yes,"
complete Schedule L, Part IV.....................
28b
 
No
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...
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M.............
30
 
No
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
 
No
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
 
No
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...
35b
 
 
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 (2014)
Form 990 (2014)
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
48
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
 
 
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
250
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
 
No
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
 
 
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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
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
 
No
b
If "Yes," did the organization notify the donor of the value of the goods or services provided?.....
7b
 
 
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.
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?.........................
8
 
 
9a
Did the sponsoring organization make any taxable distributions under section 4966?...
9a
 
 
b
Did the sponsoring 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 (2014)
Form 990 (2014)
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
12
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
3
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
 
No
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
 
No
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
 
No
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
MN
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, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletMARK WILLMERT

701 PARK AVE
MINNEAPOLIS,MN55415 (612) 873-3386
Form 990 (2014)
Form 990 (2014)
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) PAUL PENTEL MD........................................................................
PRESIDENT/INVESTIGATOR
 34.60
.......................5.40 		X   X       0 192,450 26,144
(2) GAYLAN ROCKSWOLD MD PHD........................................................................
VICE PRESIDENT
 3.30
.......................20.70 		X   X       0 148,591 28,320
(3) ANNE MURRAY MD MS........................................................................
SECRETARY/TREASURER
 34.00
.......................6.00 		X   X       0 195,916 29,238
(4) MARY BERGAAS........................................................................
VP OF OPERATIONS & COO
 40.00
.......................0.00 		X   X       159,322 0 37,510
(5) JEFFREY ALBRECHT MD........................................................................
DIRECTOR/PHYSICIAN
 0.10
.......................39.90 		X           0 322,886 34,114
(6) AJAY ISRANI MD MS........................................................................
DIRECTOR/INVESTIGATOR
 27.60
.......................12.40 		X           0 208,934 41,299
(7) DONALD JACOBS MD........................................................................
DIRECTOR/CCO
 0.30
.......................39.70 		X           0 495,971 40,717
(8) JANINE LAIRD JD........................................................................
DIRECTOR
 0.10
.......................0.00 		X           0 0 0
(9) MARK LESAGE PHD........................................................................
DIRECTOR/INVESTIGATOR
 40.00
.......................0.00 		X           101,990 0 28,201
(10) JAMES MINER MD........................................................................
DIRECTOR/PHYSICIAN
 0.10
.......................39.90 		X           0 445,780 44,929
(11) ANNE PEREIRA MD MPH FACP........................................................................
DIRECTOR/PHYSICIAN
 0.10
.......................39.90 		X           0 97,156 13,075
(12) RAYMOND SAILER........................................................................
DIRECTOR/FINANCE
 0.20
.......................39.80 		X           0 137,744 28,045
(13) JANA STENDER........................................................................
DIRECTOR
 0.20
.......................0.00 		X           0 0 0
(14) MARY TAMBORNINO........................................................................
DIRECTOR
 0.10
.......................0.00 		X           0 0 0
(15) DAVID GILBERTSON........................................................................
PROGRAM DIRECTOR
 40.00
.......................0.00 		        X   163,764 0 39,700
(16) SHU-CHENG CHEN........................................................................
DIRECTOR, INFORMATION SYSTEMS
 40.00
.......................0.00 		        X   146,077 0 36,650
(17) JIANNONG LIU........................................................................
PRINCIPAL BIOSTATISTICIAN
 40.00
.......................0.00 		        X   133,109 0 33,618
Form 990 (2014)
Form 990 (2014)
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) JON SNYDER........................................................................
DIRECTOR, TRANSPLANT EPIDEMIOLOGY
 40.00
.......................0.00 		        X   131,736 0 34,638
(19) MICHAEL KREKELBERG........................................................................
CHIEF FINANCIAL OFFICER
 40.00
.......................0.00 		        X   125,985 0 33,309






















1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 961,983 2,245,428 529,507
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organizationMediumBullet19
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
 
No
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
MONASH UNIVERSITY

VICTORIA 3800
MELBOURNE   VIC 3004
AS 		MEDICINE, NURSING & RESEARCH SERVICE 8,050,758
HENNEPIN HEALTHCARE SYSTEM

701 PARK AVENUE
MINNEAPOLIS,MN55415 		PHYSICIAN PROF. RESEARCH SERVICE 2,611,691
UNIVERSITY OF MINNESOTA

200 OAK STREET SE
MINNEAPOLIS,MN55455 		PHYSICIAN PROF. RESEARCH SERVICE 977,514
HEALTHPARTNERS INST EDUCATION & RESEARC

8170 33RD AVENUE S
MINNEAPOLIS,MN55425 		PHYSICIAN PROF. RESEARCH SERVICE 579,666
UNIVERSITY OF TEXAS HEALTH SCIENCE CENTE

7703 FLOYD CURL DR
SAN ANTONIO,TX78229 		MEDICINE, NURSING & RESEARCH SERVICE 443,518
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet19
Form 990 (2014)
Form 990 (2014)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII .............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512-514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a 142
b Membership dues....1b  
c Fundraising events....1c  
d Related organizations...1d 2,284,299
e Government grants (contributions)1e 23,470,750
f All other contributions, gifts, grants, and
similar amounts not included above1f 		8,864,202
g Noncash contributions included in lines
1a-1f:$ 		 
h Total. Add lines 1a-1f.......MediumBullet 34,619,393
Program Service RevenueAmt Business Code
2a SEMINAR & REGISTRATION FEES 541900 51,199 51,199    
b HUMAN STUDIES REVIEW 541900 2,785 2,785    
c
d
e
f All other program service revenue .        
g Total. Add lines 2a–2f........MediumBullet 53,984
OtherAmt RevenueAmt 3 Investment income (including dividends, interest, and other similar amounts).......MediumBullet 535,098     535,098
4 Income from investment of tax-exempt bond proceeds..MediumBullet        
5 Royalties...........MediumBullet        
(i) Real (ii) Personal
6a Gross rents    
b Less: rental expenses    
c Rental income or (loss)    
d Net rental income or (loss).......MediumBullet        
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 4,228,694  
b Less: cost or other basis and sales expenses 3,735,048  
c Gain or (loss) 493,646  
d Net gain or (loss)..........MediumBullet 493,646     493,646
8a Gross income from fundraising events (not including
$  
of contributions reported on line 1c). See Part IV, line 18 ..
a  
b Less: direct expenses ...b  
c Net income or (loss) from fundraising events..MediumBullet      
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        
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        
Miscellaneous Revenue Business Code
11a            
b            
c            
d All other revenue ....        
e Total. Add lines 11a–11d ...... MediumBullet  
12 Total revenue. See Instructions......MediumBullet 35,702,121 53,984 0 1,028,744
Form 990 (2014)
Form 990 (2014)
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 domestic organizations and domestic governments. See Part IV, line 21 ....    
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ....    
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16 ............    
4 Benefits paid to or for members ....    
5 Compensation of current officers, directors, trustees, and key employees .... 339,624 218,957 118,977 1,690
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....        
7 Other salaries and wages .... 13,271,199 11,750,852 1,520,347  
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 904,839 792,647 112,192  
9 Other employee benefits ....... 2,219,139 1,956,264 262,875  
10 Payroll taxes ........... 843,529 734,256 109,173 100
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 57,549   57,549  
c Accounting ........... 35,900   35,900  
d Lobbying ........... 480 480    
e Professional fundraising services. See Part IV, line 17    
f Investment management fees ......        
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) .... 14,180,229 14,110,895 69,334  
12 Advertising and promotion ....        
13 Office expenses ....... 1,697,946 1,552,887 145,059  
14 Information technology ...... 41,062   41,062  
15 Royalties ..        
16 Occupancy ........... 961,392 794,810 166,582  
17 Travel ............ 625,894 623,696 2,198  
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ......        
19 Conferences, conventions, and meetings .... 69,879 66,403 3,476  
20 Interest ........... 1,290 197 1,093  
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization ..... 514,856 414,388 100,468  
23 Insurance .............. 61,600   61,600  
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 EMPLOYEE DEV & TRAINING 142,753 132,442 10,311  
b EMPLOYEE RELATIONS 76,751 71,254 5,497  
c SUBJECT EXPENSES 74,745 74,745    
d DUES AND SUBSCRIPTIONS 50,641 47,358 3,283  
e All other expenses 120,824 111,135 9,366 323
25 Total functional expenses. Add lines 1 through 24e 36,292,121 33,453,666 2,836,342 2,113
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 (2014)
Form 990 (2014)
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 ............. 4,334,330 1 3,680,940
2 Savings and temporary cash investments ......... 483,351 2 891,258
3 Pledges and grants receivable, net ........... 3,808,906 3 3,644,734
4 Accounts receivable, net ............. 12,588 4 25,386
5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..................
  5  
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
  6  
7 Notes and loans receivable, net .............   7  
8 Inventories for sale or use ..............   8  
9 Prepaid expenses and deferred charges .......... 635,596 9 596,681
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 11,521,301
b Less: accumulated depreciation ..... 10b 9,303,199 2,587,499 10c 2,218,102
11 Investments—publicly traded securities .......... 26,749,738 11 26,337,399
12 Investments—other securities. See Part IV, line 11 .....   12  
13 Investments—program-related. See Part IV, line 11 .....   13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ........... 1,014,480 15 992,902
16 Total assets. Add lines 1 through 15 (must equal line 34)...... 39,626,488 16 38,387,402
Liabilities 17 Accounts payable and accrued expenses ......... 2,520,245 17 1,793,513
18 Grants payable .................   18  
19 Deferred revenue ................ 421,615 19 721,461
20 Tax-exempt bond liabilities .............   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D..   21  
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..........   22  
23 Secured mortgages and notes payable to unrelated third parties ..   23  
24 Unsecured notes and loans payable to unrelated third parties ....   24  
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....................   25  
26 Total liabilities. Add lines 17 through 25......... 2,941,860 26 2,514,974
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 .............. 15,442,299 27 16,170,119
28 Temporarily restricted net assets ........... 5,770,046 28 4,241,387
29 Permanently restricted net assets ........... 15,472,283 29 15,460,922
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 ........... 36,684,628 33 35,872,428
34 Total liabilities and net assets/fund balances ........ 39,626,488 34 38,387,402
Form 990 (2014)
Form 990 (2014)
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
35,702,121
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
36,292,121
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
-590,000
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
36,684,628
5
Net unrealized gains (losses) on investments ...............
5
-222,200
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
0
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B))
10
35,872,428
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 (2014)
Form 990 (2014)
Page 13
Form 990, Special Condition Description:
Special Condition Description
Form 990 (2014)
Form 990 (2014)
Page 14
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 Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
Open to Public
Inspection
Name of the organization
MINNEAPOLIS MEDICAL RESEARCH FOUNDATION
 
Employer identification number

41-1677920
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
a
b
c
d
e
f
Enter the number of supported organizations .............................  
g
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 listed in your governing document? (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions)
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) 2014
Schedule A (Form 990 or 990-EZ) 2014
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) 2010 (b) 2011 (c) 2012 (d) 2013 (e) 2014 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... 25,580,399 30,134,184 33,376,495 33,459,772 34,619,393 157,170,243
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 25,580,399 30,134,184 33,376,495 33,459,772 34,619,393 157,170,243
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).. 12,212,191
6 Public support. Subtract line 5 from line 4. 144,958,052
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2010 (b) 2011 (c) 2012 (d) 2013 (e) 2014 (f) Total
7 Amounts from line 4.. 25,580,399 30,134,184 33,376,495 33,459,772 34,619,393 157,170,243
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 449,451 453,346 528,719 417,324 535,098 2,383,938
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 VI.)..            
11 Total support Add lines 7 through 10. 159,554,181
12
12
867,189
13
First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................right arrow
Section C. Computation of Public Support Percentage
14
14
90.850 %
15
15
87.430 %
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) 2014
Schedule A (Form 990 or 990-EZ) 2014
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) 2010 (b) 2011 (c) 2012 (d) 2013 (e) 2014 (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) 2010 (b) 2011 (c) 2012 (d) 2013 (e) 2014 (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 VI.) ..            
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) 2014
Schedule A (Form 990 or 990-EZ) 2014
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 11 of Part I. If you checked 11a of Part I, complete Sections A and B. If you checked 11b of Part I, complete Sections A and C. If you checked 11c of Part I, complete Sections A, D, and E. If you checked 11d of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
 
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
 
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.
3a
 
 
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 11a or 11b in Part I, answer (b) and (c) below.
4a
 
 
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations....
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed, (ii) the reasons for each such action, (iii) the authority under the organization's organizing document authorizing such action, and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
 
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (a) its supported organizations; (b) individuals that are part of the charitable class benefited by one or more of its supported organizations; or (c) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.
6
 
 
7
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in IRC 4958(c)(3)(C)), a family member of a substantial contributor, or a 35-percent controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part II of Schedule L (Form 990).
8
 
 
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
 
b
Did one or more disqualified persons (as defined in line 9(a)) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
 
c
Did a disqualified person (as defined in line 9(a)) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.
9c
 
 
10a
Was the organization subject to the excess business holdings rules of IRC 4943 because of IRC 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer b below.
10a
 
 
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described in (a) above?
11b
 
 
c
A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.
11c
 
 
Schedule A (Form 990 or 990-EZ) 2014
Schedule A (Form 990 or 990-EZ) 2014
Page 5
Part IV
Supporting Organizations (continued)

Section B. Type I Supporting Organizations
Yes
No
1
Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
 
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
 
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (1) a written notice describing the type and amount of support provided during the prior tax year, (2) a copy of the Form 990 that was most recently filed as of the date of notification, and (3) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer (a) and (b) below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer (a) and (b) below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990 or 990-EZ) 2014
Schedule A (Form 990 or 990-EZ) 2014
Page 6
Part V – Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

1.   Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970. See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.
Section A - Adjusted Net Income (A) Prior Year (B) Current Year
(optional)
1 Net short-term capital gain 1    
2 Recoveries of prior-year distributions 2    
3 Other gross income (see instructions) 3    
4 Add lines 1 through 3 4    
5 Depreciation and depletion 5    
6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) 6    
7 Other expenses (see instructions) 7    
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8    

Section B - Minimum Asset Amount (A) Prior Year (B) Current Year
(optional)
1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): 1
a Average monthly value of securities 1a    
b Average monthly cash balances 1b    
c Fair market value of other non-exempt-use assets 1c    
d Total (add lines 1a, 1b, and 1c) 1d    
e Discount claimed for blockage or other factors (explain in detail in Part VI):  
2 Acquisition indebtedness applicable to non-exempt use assets 2    
3 Subtract line 2 from line 1d 3    
4 Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). 4    
5 Net value of non-exempt-use assets (subtract line 4 from line 3) 5    
6 Multiply line 5 by .035 6    
7 Recoveries of prior-year distributions 7    
8 Minimum Asset Amount (add line 7 to line 6) 8    

Section C - Distributable Amount Current Year
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1  
2 Enter 85% of line 1 2  
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3  
4 Enter greater of line 2 or line 3 4  
5 Income tax imposed in prior year 5  
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6  
7   Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)
Schedule A (Form 990 or 990-EZ) 2014
Schedule A (Form 990 or 990-EZ) 2014
Page 7
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes  
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in
excess of income from activity		  
3 Administrative expenses paid to accomplish exempt purposes of supported organizations  
4 Amounts paid to acquire exempt-use assets  
5 Qualified set-aside amounts (prior IRS approval required)  
6 Other distributions (describe in Part VI). See instructions  
7Total annual distributions. Add lines 1 through 6.  
8 Distributions to attentive supported organizations to which the organization is responsive (provide
details in Part VI). See instructions		  
9 Distributable amount for 2014 from Section C, line 6  
10 Line 8 amount divided by Line 9 amount  

Section E - Distribution Allocations (see instructions) (i)
Excess Distributions 		(ii)
Underdistributions
Pre-2014 		(iii)
Distributable
Amount for 2014
1 Distributable amount for 2014 from Section C, line
6 		 
2 Underdistributions, if any, for years prior to 2014
(reasonable cause required--see instructions)		  
3 Excess distributions carryover, if any, to 2014:
a From 2009.......X
b From 2010.......X
c From 2011.......X
d From 2012.......X
e From 2013.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2014 distributable amount  
i Carryover from 2009 not applied (see
instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.  
4Distributions for 2014 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2014 distributable amount  
c Remainder. Subtract lines 4a and 4b from 4.  
5 Remaining underdistributions for years prior to
2014, if any. Subtract lines 3g and 4a from line 2
(if amount greater than zero, see instructions)		  
6 Remaining underdistributions for 2014. Subtract
lines 3h and 4b from line 1 (if amount greater than
zero, see instructions)		  
7 Excess distributions carryover to 2015. Add lines
3j and 4c.		  
8 Breakdown of line 7:
a From 2010.......X
b From 2011.......X
c From 2012.......X
d From 2013.......  
e From 2014.......  
Schedule A (Form 990 or 990-EZ) (2014)
Schedule A (Form 990 or 990-EZ) 2014
Page 8
Part VI
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Return Reference Explanation
Schedule A (Form 990 or 990-EZ) 2014

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
2014
Name of the organization
MINNEAPOLIS MEDICAL RESEARCH FOUNDATION
 
Employer identification number

41-1677920
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) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
Page 2
Name of organization
MINNEAPOLIS MEDICAL RESEARCH FOUNDATION
  		Employer identification number

41-1677920
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


(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) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
Page 3
Name of organization
MINNEAPOLIS MEDICAL RESEARCH FOUNDATION
  		Employer identification number

41-1677920
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) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
Page 4
Name of organization
MINNEAPOLIS MEDICAL RESEARCH FOUNDATION
  		Employer identification number

41-1677920
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
that total more than $1,000 for the year from any one contributor. 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) (2014)

Additional Data


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

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527
SchCMd Bullet Complete if the organization is described below.SchCMd Bullet Attach to Form 990 or Form 990-EZ.
SchCMd Bullet Information about Schedule C (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
Open to Public
Inspection
If the organization answered "Yes" to Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" to Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" to Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
MINNEAPOLIS MEDICAL RESEARCH FOUNDATION
 
Employer identification number

41-1677920
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization’s direct and indirect political campaign activities in Part IV.
2
Political expenditures ....................................SchCMd Bullet
$  
3
Volunteer hours ........................................
 

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 .........SchCMd Bullet
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 ......SchCMd Bullet
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? ..............
4a
Was a correction made? .........................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c), except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities SchCMd Bullet
$  
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ...................................SchCMd Bullet

$  
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b..SchCMd Bullet

$  
4
Did the filing organization file Form 1120-POL for this year? ..........................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.










For Paperwork Reduction Act Notice, see the instructions for Form 990 or 990-EZ.
Cat. No. 50084S
Schedule C (Form 990 or 990-EZ) 2014

Schedule C (Form 990 or 990-EZ) 2014
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check SchCMd Bulletexpenses, and share of excess lobbying expenditures).
B Check SchCMd Bullet
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
organization's
totals 		(b) Affiliated group
totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......    
b Total lobbying expenditures to influence a legislative body (direct lobbying) .......    
c Total lobbying expenditures (add lines 1a and 1b) ...................    
d Other exempt purpose expenditures ........................    
e Total exempt purpose expenditures (add lines 1c and 1d) ...............    
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.		    
If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
Not over $500,00020% of the amount on line 1e.
Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
Over $17,000,000$1,000,000.
g Grassroots nontaxable amount (enter 25% of line 1f) .................    
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ......................................

4-Year Averaging Period Under section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (or fiscal year
beginning in) 		(a) 2011 (b) 2012 (c) 2013 (d) 2014 (e) Total
2a Lobbying nontaxable amount          
b Lobbying ceiling amount
(150% of line 2a, column(e)) 		 
c Total lobbying expenditures          
d Grassroots nontaxable amount          
e Grassroots ceiling amount
(150% of line 2d, column (e))		  
f Grassroots lobbying expenditures          
Schedule C (Form 990 or 990-EZ) 2014


Schedule C (Form 990 or 990-EZ) 2014
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
For each "Yes" response to lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.
(a)
No
Yes
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? .........................................
 
No
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ....
 
No
c
Media advertisements? ....................................
 
No
 
d
Mailings to members, legislators, or the public? .........................
 
No
 
e
Publications, or published or broadcast statements? .......................
 
No
 
f
Grants to other organizations for lobbying purposes? .......................
Yes
 
480
g
Direct contact with legislators, their staffs, government officials, or a legislative body? ........
 
No
 
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ......
 
No
 
i
Other activities? ..........................
 
No
 
j
Total. Add lines 1c through 1i ...............................
480
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
No
b
If "Yes," enter the amount of any tax incurred under section 4912 .................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 .....
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? .......
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ................
1
 
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ................
2
 
 
3
Did the organization agree to carry over lobbying and political expenditures from the prior year? ..........
3
 
 
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."
1
Dues, assessments and similar amounts from members .....................
1
 
2
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political
expenses for which the section 527(f) tax was paid).
a
Current year .........................................
2a
 
b
Carryover from last year ....................................
2b
 
c
Total ............................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ................................
4
 
5
Taxable amount of lobbying and political expenditures (see instructions) ..............
5
 
Part IV
Supplemental Information
Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.
Return Reference Explanation
SCHEDULE C, PART II-B,LINE 1F: THE MINNEAPOLIS MEDICAL RESEARCH FOUNDATION (MMRF) PAID $1,200 IN 2014 TO THE NATIONAL ASSOCIATION FOR BIOMEDICAL RESEARCH (NABR) FOR MEMBERSHIP DUES. THE NABR ESTIMATES 40% OF THE MEMBERSHIP DUES PAYMENT IS ATTRIBUTABLE TO NONDEDUCTIBLE LOBBYING EXPENSE. THE NABR IS A NATIONAL, NON-PARTISAN, NON-PROFIT ORGANIZATION DEDICATED SOLELY TO ADVOCATING SOUND PUBLIC POLICY THAT RECOGNIZES THE VITAL ROLE OF HUMANE ANIMAL USE IN BIOMEDICAL RESEARCH, HIGHER EDUCATION AND PRODUCT SAFETY TESTING. THE NABR PROVIDES THE UNIFIED VOICE FOR THE SCIENTIFIC COMMUNITY ON LEGISLATIVE AND REGULATORY MATTERS AFFECTING LABORATORY ANIMAL RESEARCH.
Schedule C (Form 990 or 990EZ) 2014

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.
Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
Open to Public Inspection
Name of the organization
MINNEAPOLIS MEDICAL RESEARCH FOUNDATION
 
Employer identification number

41-1677920
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 value of contributions to (during year)    
3 Aggregate value of 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)
Revenue 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
Revenue 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) 2014

Schedule D (Form 990) 2014
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, for escrow or custodial account liability?
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 .... 15,472,283 13,598,717 12,244,704 12,901,131 12,287,250
b Contributions ........         2,306
c Net investment earnings, gains, and losses 458,504 2,458,958 1,763,974 -262,176 1,547,766
d Grants or scholarships .....          
e Other expenditures for facilities
and programs ........ 		253,278 384,412 229,625 217,377 767,402
f Administrative expenses .... 216,587 200,980 180,336 176,874 168,789
g End of year balance ...... 15,460,922 15,472,283 13,598,717 12,244,704 12,901,131
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet  
b
Permanent endowment SchDMd Bullet100.000 %
c
Temporarily restricted endowment SchDMd Bullet  
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)
Yes
 
(ii) related organizations ........................
3a(ii)
 
No
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
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 .................      
b Buildings ................        
c Leasehold improvements ............   7,164,026 5,994,956 1,169,070
d Equipment ................   4,357,275 3,308,243 1,049,032
e Other .................        
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......SchDMdBullet 2,218,102
Schedule D (Form 990) 2014

Schedule D (Form 990) 2014
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    
Other








Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet  
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








Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
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  








Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet  
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) 2014

Schedule D (Form 990) 2014
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 36,623,892
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a  
b Donated services and use of facilities ......... 2b 921,771
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d ..................... 2e 921,771
3 Subtract line 2e from line 1..................... 3 35,702,121
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  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b....................... 4c 0
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5 35,702,121
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 37,213,892
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a 921,771
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d...................... 2e 921,771
3 Subtract line 2e from line 1..................... 3 36,292,121
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  
b Other (Describe in Part XIII.) ............ 4b  
c Add lines 4a and 4b....................... 4c 0
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5 36,292,121
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: ALL MINNEAPOLIS MEDICAL RESEARCH FOUNDATION (MMRF) ENDOWMENTS ARE PERMANENTLY RESTRICTED AND ARE USED IN ACCORDANCE WITH DONOR INTENT.
PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES AS A NONPROFIT CORPORATION UNDER INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3) AND IS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE. THE FOUNDATION IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE FOUNDATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSE. THE FOUNDATION HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990T) WITH THE IRS. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE FOUNDATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED.
Schedule D (Form 990) 2014

Additional Data


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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 Information about Schedule F (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
Open to Public Inspection
Name of the organization
MINNEAPOLIS MEDICAL RESEARCH FOUNDATION
 
Employer identification number

41-1677920
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
EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES SCIENTIFIC COLLABORATION WITH FOREIGN ENTITY. 8,050,758
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES SCIENTIFIC COLLABORATION WITH FOREIGN ENTITY. 75,000
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES SCIENTIFIC COLLABORATION WITH FOREIGN ENTITY. 161,200
SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA, FASO, 0 0 PROGRAM SERVICES SCIENTIFIC COLLABORATION WITH FOREIGN ENTITY. 19,843
           
           
           
           
           
           
           
           
           
           
           
           
           
3a Sub-total ..... 0 0 8,306,801
b Total from continuation sheets to Part I ... 0 0 0
c Totals (add lines 3a and 3b) 0 0 8,306,801
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2014
Schedule F (Form 990) 2014
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)		 (a)(c) Region (b)(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) 2014
Schedule F (Form 990) 2014Page 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) 2014
Schedule F (Form 990) 2014
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; do not file with Form 990)............................
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; do not file with Form 990).....................................
Schedule F (Form 990) 2014
Schedule F (Form 990) 2014
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 (Form 990) 2014
Additional Data


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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 Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
Open to Public Inspection
Name of the organization
MINNEAPOLIS MEDICAL RESEARCH FOUNDATION
 
Employer identification number

41-1677920
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
 
No
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), 501(c)(4), and 501(c)(29) organizations 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) 2014

Schedule J (Form 990) 2014
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 in column(B) reported as deferred in prior Form 990
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
1PAUL PENTEL MDPRESIDENT/INVESTIGATOR (i)
(ii)		 0
...............................
192,450 		0
...............................
0 		0
...............................
0 		0
...............................
16,890 		0
...............................
9,254 		0
...............................
218,594 		0
...............................
0
2GAYLAN ROCKSWOLD MD PHDVICE PRESIDENT (i)
(ii)		 0
...............................
148,591 		0
...............................
0 		0
...............................
0 		0
...............................
13,376 		0
...............................
14,944 		0
...............................
176,911 		0
...............................
0
3ANNE MURRAY MD MSSECRETARY/TREASURER (i)
(ii)		 0
...............................
195,916 		0
...............................
0 		0
...............................
0 		0
...............................
17,603 		0
...............................
11,635 		0
...............................
225,154 		0
...............................
0
4MARY BERGAASVP OF OPERATIONS & COO (i)
(ii)		 159,322
...............................
0 		0
...............................
0 		0
...............................
0 		17,799
...............................
0 		19,711
...............................
0 		196,832
...............................
0 		0
...............................
0
5JEFFREY ALBRECHT MDDIRECTOR/PHYSICIAN (i)
(ii)		 0
...............................
322,886 		0
...............................
0 		0
...............................
0 		0
...............................
22,880 		0
...............................
11,234 		0
...............................
357,000 		0
...............................
0
6AJAY ISRANI MD MSDIRECTOR/INVESTIGATOR (i)
(ii)		 0
...............................
208,934 		0
...............................
0 		0
...............................
0 		0
...............................
19,108 		0
...............................
22,191 		0
...............................
250,233 		0
...............................
0
7DONALD JACOBS MDDIRECTOR/CCO (i)
(ii)		 0
...............................
495,971 		0
...............................
0 		0
...............................
0 		0
...............................
22,880 		0
...............................
17,837 		0
...............................
536,688 		0
...............................
0
8JAMES MINER MDDIRECTOR/PHYSICIAN (i)
(ii)		 0
...............................
445,780 		0
...............................
0 		0
...............................
0 		0
...............................
22,880 		0
...............................
22,049 		0
...............................
490,709 		0
...............................
0
9RAYMOND SAILERDIRECTOR/FINANCE (i)
(ii)		 0
...............................
137,744 		0
...............................
0 		0
...............................
0 		0
...............................
8,756 		0
...............................
19,289 		0
...............................
165,789 		0
...............................
0
10DAVID GILBERTSONPROGRAM DIRECTOR (i)
(ii)		 163,764
...............................
0 		0
...............................
0 		0
...............................
0 		19,042
...............................
0 		20,658
...............................
0 		203,464
...............................
0 		0
...............................
0
11SHU-CHENG CHENDIRECTOR, INFORMATION SYSTEMS (i)
(ii)		 146,077
...............................
0 		0
...............................
0 		0
...............................
0 		16,728
...............................
0 		19,922
...............................
0 		182,727
...............................
0 		0
...............................
0
12JIANNONG LIUPRINCIPAL BIOSTATISTICIAN (i)
(ii)		 133,109
...............................
0 		0
...............................
0 		0
...............................
0 		14,433
...............................
0 		19,185
...............................
0 		166,727
...............................
0 		0
...............................
0
13JON SNYDERDIRECTOR, TRANSPLANT EPIDEMIOLOGY (i)
(ii)		 131,736
...............................
0 		0
...............................
0 		0
...............................
0 		14,407
...............................
0 		20,231
...............................
0 		166,374
...............................
0 		0
...............................
0
14MICHAEL KREKELBERGCHIEF FINANCIAL OFFICER (i)
(ii)		 125,985
...............................
0 		0
...............................
0 		0
...............................
0 		13,529
...............................
0 		19,780
...............................
0 		159,294
...............................
0 		0
...............................
0
Schedule J (Form 990) 2014

Schedule J (Form 990) 2014
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
SCHEDULE J, PART I, LINE 3: THE PRESIDENT WAS PAID BY A RELATED ORGANIZATION, HENNEPIN HEALTHCARE SYSTEM (HHS). HHS IS A PUBLIC CORPORATION AND SUBSIDIARY OF HENNEPIN COUNTY, MINNESOTA, AND OPERATES AND CONDUCTS BUSINESS AS HENNEPIN COUNTY MEDICAL CENTER (HCMC). HCMC HAS AN ESTABLISHED POLICY AND PROCEDURE FOR DETERMINING COMPENSATION.
Schedule J (Form 990) 2014

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 990-EZ 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
2014
Open to Public
Inspection
Name of the organization
MINNEAPOLIS MEDICAL RESEARCH FOUNDATION
 
Employer identification number

41-1677920
Return Reference Explanation
FORM 990, PART III, LINES 4A AND 4B: THE MINNEAPOLIS MEDICAL RESEARCH FOUNDATION (MMRF) HAS BEEN ACTIVELY INVESTIGATING THE CAUSES OF AND POTENTIAL TREATMENTS OF DISEASES SINCE 1952. WE SUPPORT AND OVERSEE THE MEDICAL RESEARCH CONDUCTED AT HENNEPIN COUNTY MEDICAL CENTER, AN ACUTE CARE RESEARCH AND TEACHING HOSPITAL LOCATED IN DOWNTOWN MINNEAPOLIS. IN AN ACADEMIC ENVIRONMENT THAT EMPHASIZES PATIENT CARE, RESEARCH, AND TEACHING, MMRF HELPS OFFER PATIENTS BETTER CARE NOW AND HOPE FOR IMPROVED HEALTHCARE IN THE FUTURE. IN 2014, MMRF RESEARCHERS MADE SIGNIFICANT CONTRIBUTIONS TO THE STUDY AND PRACTICE OF MEDICINE IN MANY FIELDS, INCLUDING: *ADDICTION MEDICINE *CARDIAC BIOMARKERS *CARDIOPULMONARY RESUSCITATION *CHRONIC DISEASES *COGNITIVE ISSUES IN AGING/GERIATRICS *EMERGENCY MEDICINE *GASTROINTESTINAL AND LIVER DISEASE *HEART DISEASE *HIV/AIDS *KIDNEY DISEASE *ORGAN TRANSPLANTATION *ORTHOPEDICS AND BIOMECHANICS *DISEASE OUTCOMES *SLEEP DISORDERS TO CAPITALIZE ON THE ADVANCES THAT HAVE BEEN MADE IN OUR UNDERSTANDING OF DISEASE, A MAJORITY OF OUR RESEARCH PROJECTS ARE TRANSLATIONAL IN NATURE. TRANSLATIONAL MEDICAL RESEARCH SEEKS TO TAKE THE MEDICAL DISCOVERIES THAT HAVE BEEN MADE IN A LABORATORY SETTING AND TRANSLATE THEM INTO MEDICAL PRACTICES THAT CAN BE USED BY PHYSICIANS TO IMPROVE THE LIVES OF THEIR PATIENTS. THE MMRF IS THE THIRD LARGEST NONPROFIT MEDICAL RESEARCH ORGANIZATION IN MINNESOTA. IT SUPPORTS THE WORK OF 191 INVESTIGATORS (MD'S, MD/PHD'S, PHD'S) AND IN 2014 ADMINISTERED $34.6 MILLION IN RESEARCH FUNDS. RESEARCH FUNDING CAME FROM SEVERAL SOURCES, INCLUDING THE FEDERAL GOVERNMENT, PRIVATE FOUNDATIONS, INDUSTRY, AND PRIVATE DONATIONS. THE MMRF IS WORKING TO ENSURE A HEALTHIER TOMORROW FOR ALL MEMBERS OF OUR COMMUNITY. FOR MORE INFORMATION ON THE MMRF, CALL 612-873-5300 OR VISIT OUR WEBSITE AT WWW.MMRF.ORG.
FORM 990, PART VI, SECTION A, LINE 1 THE MINNEAPOLIS MEDICAL RESEARCH FOUNDATION (MMRF) EXECUTIVE COMMITTEE IS COMPRISED OF FIVE MMRF DIRECTORS: PAUL PENTEL, M.D., GAYLAN ROCKSWOLD, M.D., ANNE MURRAY, M.D., DONALD JACOBS, M.D. AND MARY BERGAAS. THE COMMITTEE IS DESIGNATED BY THE MMRF DIRECTORS AND HAS THE AUTHORITY OF THE DIRECTORS TO MANAGE THE BUSINESS OF THE ORGANIZATION IN THE INTERVAL BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE IS AT ALL TIMES SUBJECT TO THE CONTROL AND DIRECTION OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 6 HENNEPIN HEALTHCARE SYSTEM, INC. (HHS) IS THE SOLE MEMBER OF THE MINNEAPOLIS MEDICAL RESEARCH FOUNDATION (MMRF). HHS IS A PUBLIC CORPORATION AND SUBSIDIARY OF HENNEPIN COUNTY, MINNESOTA, AND OPERATES AND CONDUCTS BUSINESS AS HENNEPIN COUNTY MEDICAL CENTER (HCMC).
FORM 990, PART VI, SECTION A, LINE 7A THE MINNEAPOLIS MEDICAL RESEARCH FOUNDATION (MMRF) BOARD OF DIRECTORS INCLUDES: ONE MEMBER OF THE BOARD OF DIRECTORS OF HENNEPIN HEALTHCARE SYSTEM, INC. (HHS) DESIGNATED BY THE HHS BOARD; THREE DIRECTORS DESIGNATED FROM AMONG THE EXECUTIVE EMPLOYEES OF HHS BY THE HHS CEO; AND ADDITIONAL DIRECTORS NOMINATED BY THE MMRF BOARD AND ELECTED BY THE HHS BOARD.
FORM 990, PART VI, SECTION A, LINE 7B PURSUANT TO SECTION 2.1 OF THE BYLAWS OF THE MINNEAPOLIS MEDICAL RESEARCH FOUNDATION (MMRF), MMRF MAY NOT TAKE ANY OF THE FOLLOWING ACTIONS WITHOUT RECEIVING HENNEPIN HEALTHCARE SYSTEM, INC. (HHS) APPROVAL IN ACCORDANCE WITH PROCEDURES ESTABLISHED BY HHS'S STATUTORY CHARTER AND BYLAWS: ADOPTION OF ANNUAL OR LONG-RANGE FINANCIAL PLANS; ADOPTION OF ANNUAL OPERATING BUDGETS; ADOPTION OF ANNUAL CAPITAL BUDGETS; ADOPTION OR MODIFICATION OF COMPENSATION OR FRINGE BENEFIT PROGRAMS; INCURRENCE OF DEBT; MORTGAGE OR ENCUMBRANCE OF ANY ASSET; SALE OF ANY ASSET; SALE, LEASE OR OTHER DISPOSITION OF ALL, OR SUBSTANTIALLY ALL, OF THE CORPORATION'S PROPERTY AND ASSETS; AMENDMENT OF ARTICLES OF INCORPORATION OR BYLAWS; AND MERGER OR CONSOLIDATION WITH ANY DOMESTIC OR FOREIGN ORGANIZATION AND VOLUNTARY DISSOLUTION OF THE CORPORATION.
FORM 990, PART VI, SECTION B, LINE 11 THE PROCESS MINNEAPOLIS MEDICAL RESEARCH FOUNDATION (MMRF) USES FOR REVIEW OF THE ANNUAL FORM 990 BEFORE THE FORM IS SENT TO THE IRS INCLUDES AN INITIAL REVIEW BY THE CHIEF FINANCIAL OFFICER AND CHIEF OPERATING OFFICER. THE FORM IS THEN SENT TO OUR ATTORNEY AND AUDIT FIRM FOR FURTHER REVIEW AND ANALYSIS. SUBSEQUENT TO THE FORM 990 BEING SENT TO THE IRS, THE FORM IS SENT EITHER ELECTRONICALLY OR IN PAPER FORM TO OUR BOARD MEMBERS AND IS PRESENTED TO THE BOARD AT THE NEXT AVAILABLE MEETING TO DISCUSS AND APPROVE THE CONTENTS OF THE FORM.
FORM 990, PART VI, SECTION B, LINE 12C SEE BELOW ON SCHEDULE O FOR CONFLICT OF INTEREST POLICY STATEMENTS
FORM 990, PART VI, SECTION B, LINE 15B THE PROCESS FOR DETERMINING COMPENSATION FOR THE MINNEAPOLIS MEDICAL RESEARCH FOUNDATION (MMRF) VICE-PRESIDENT OF OPERATIONS AND CHIEF OPERATING OFFICER, INCLUDES THE EXECUTIVE COMMITTEE OF THE MMRF BOARD REVIEWING PERFORMANCE AND COMPENSATION INFORMATION FOR COMPARABLE POSITIONS AT SIMILAR LOCATIONS INCLUDING SALARY SURVEY INFORMATION FROM THE UNIVERSITY OF MINNESOTA AND MINNESOTA COUNCIL OF NONPROFITS. MINUTES OF THE EXECUTIVE COMMITTEE AND SUBSEQUENT BUDGET APPROVAL BY THE FULL BOARD ARE ON FILE. THIS PROCESS WAS LAST UNDERTAKEN IN 2014. THE COMPENSATION FOR THE MMRF PRESIDENT AND VICE-PRESIDENT IS PAID BY A RELATED ORGANIZATION, HENNEPIN HEALTHCARE SYSTEM, INC. (HHS), WHICH IS A PUBLIC CORPORATION AND SUBSIDIARY OF HENNEPIN COUNTY, MINNESOTA, AND OPERATES AND CONDUCTS BUSINESS AS HENNEPIN COUNTY MEDICAL CENTER (HCMC). HHS HAS AN ESTABLISHED POLICY AND PROCEDURE FOR DETERMINING COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19 THE MINNEAPOLIS MEDICAL RESEARCH FOUNDATION (MMRF) ARTICLES OF INCORPORATION ARE AVAILABLE TO THE PUBLIC THROUGH THE MINNESOTA SECRETARY OF STATE, THE MMRF BYLAWS ARE NOT. THE MMRF CONFLICT OF INTEREST POLICY AND THE MMRF ANNUAL REPORT, WHICH INCLUDES FINANCIAL STATEMENTS, ARE AVAILABLE ON THE MMRF WEBSITE.
FORM 990, PART IX, LINE 11G SUBCONTRACT PAYMENTS: PROGRAM SERVICE EXPENSES 12,737,147. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,737,147. PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 1,368,413. MANAGEMENT AND GENERAL EXPENSES 27,546. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,395,959. CONSULTING: PROGRAM SERVICE EXPENSES 5,335. MANAGEMENT AND GENERAL EXPENSES 41,788. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,123.
FORM 990, PART VI, SECTION B, LINE 12C: PURPOSE: THE PURPOSE OF THE MINNEAPOLIS MEDICAL RESEARCH FOUNDATION'S (MMRF) CONFLICT OF INTEREST (COI) POLICY IS TO ENABLE AND FACILITATE THE RESEARCH AND EDUCATION MISSIONS OF THE MMRF BY ASSURING THEIR OBJECTIVITY AND INDEPENDENCE FROM COMPETING FINANCIAL INTERESTS. THE STAKEHOLDERS CONSIDERED IN THIS POLICY ARE THE PUBLIC, OUR PATIENTS AND RESEARCH SUBJECTS, THE SCIENTIFIC COMMUNITY, THE AGENCIES WHO FUND OUR ACTIVITIES, AND OUR FACULTY, STAFF AND TRAINEES. AN EQUALLY COMPELLING PURPOSE IS TO MAINTAIN COMPLIANCE WITH ALL APPLICABLE FEDERAL AND STATE LAWS AND REGULATIONS RELATED TO CONFLICTS OF INTERESTS AND WITH THE POLICIES AND REQUIREMENTS OF THE REGULATORY AGENCIES WHICH OVERSEE OUR ACTIVITIES, INCLUDING BUT NOT LIMITED TO THE USPHS AND FDA (42CFR50 AND 21CFR54.2). CONFLICT OF INTEREST: THE SPECIFIC GOAL OF THIS POLICY IS TO ADDRESS FINANCIAL CONFLICTS OF INTEREST. FOR THIS POLICY, FINANCIAL CONFLICT OF INTEREST REFERS TO COMPETING FINANCIAL INTERESTS OR INCENTIVES. SPECIFICALLY, IT IS A SITUATION IN WHICH A COVERED INDIVIDUAL HAS FINANCIAL INCENTIVES THAT MAY COMPETE WITH HIS/HER ACADEMIC OR PROFESSIONAL INTERESTS OR OBLIGATIONS. A CONFLICT OF INTEREST DOES NOT IMPLY WRONG-DOING OR IMPROPER RELATIONSHIPS, BUT DOES REQUIRE DISCLOSURE, EVALUATION AND SOMETIMES MITIGATION. APPEARANCE OF CONFLICT OF INTEREST: SOME SITUATIONS FALL OUTSIDE THE DEFINITION OF COI BUT MAY RAISE QUESTIONS IN THE MIND OF A REASONABLE OBSERVER WHICH ARE BEST ADDRESSED IN ORDER TO ASSURE THAT THE SITUATION HAS BEEN CONSIDERED. THE COI COMMITTEE RESERVES THE RIGHT TO INCLUDE SUCH ISSUES OF APPEARANCE IN ITS DELIBERATIONS AND APPROACHES TO MANAGING THE FINANCIAL RELATIONSHIPS OF INVESTIGATORS. POLICY: THIS POLICY IS APPLICABLE TO: - ALL PERSONS APPOINTED, EMPLOYED BY OR COMPENSATED BY THE MMRF; - ALL PERSONS ENGAGED IN THE CONDUCT OF RESEARCH ACTIVITIES UNDER THE AUSPICES OF THE MMRF WHO ARE IN A POSITION TO INFLUENCE THE DESIGN, CONDUCT OR REPORTING OF RESEARCH OR OTHER SCHOLARLY ACTIVITY; - ALL PERSONS WHO HAVE DIRECT INFLUENCE OVER PURCHASING DECISIONS OR CONTRACTS MADE ON BEHALF OF MMRF; - ALL HOLDERS OF MMRF RESEARCH AND EDUCATION ACCOUNTS; - ALL MEMBERS OF MMRF'S BOARD OF DIRECTORS, MEMBERS OF MMRF'S COI COMMITTEE, AND MEMBERS OF REGULATORY COMMITTEES INCLUDING THE IRB, IACUC AND THE IBC. FOR PURPOSES OF REPORTING FINANCIAL INTERESTS UNDER THIS POLICY, COVERED INDIVIDUALS ALSO INCLUDE A SPOUSE OR DOMESTIC PARTNER, DEPENDENT CHILDREN AND ANY OTHER FAMILY MEMBER WHOM THE COVERED INDIVIDUAL KNOWS MAY BENEFIT FROM ACTIONS TAKEN BY THE COVERED INDIVIDUAL. COVERED INDIVIDUALS AT MMRF MUST COMPLY WITH MMRF'S COI POLICY AND ALL APPLICABLE FEDERAL AND STATE LAWS RELATED TO CONFLICT OF INTEREST AND SHALL NOT ENGAGE IN ACTIVITIES THAT COMPROMISE THEIR PROFESSIONAL JUDGMENT OR COMPETE WITH THE FULFILLMENT OF THEIR OBLIGATIONS TO MMRF. RELATIONSHIPS CONSTITUTING A POTENTIAL CONFLICT OF INTEREST MUST BE REPORTED TO THE MMRF COI COMMITTEE PRIOR TO THEIR INITIATION. CHANGES IN EXISTING RELATIONSHIPS MUST ALSO BE REPORTED BEFORE THE CHANGES TAKE PLACE. THE PURPOSE OF THIS REQUIREMENT IS TO AVOID CONFLICT OF INTEREST WHEN POSSIBLE, OR TO MAKE ALL PARTIES AWARE OF THE PROPOSED RELATIONSHIP AND ANY POSSIBLE MITIGATION REQUIREMENTS. COVERED INDIVIDUALS MAY NOT PARTICIPATE IN RELATIONSHIPS WITH BUSINESS ENTITIES THAT: - RESULT IN PAYMENTS TO THE COVERED INDIVIDUAL WHICH ARE INTENDED TO INFLUENCE HOW THE COVERED INDIVIDUAL CONDUCTS INSTITUTIONAL ACTIVITIES: - CONSTITUTE GHOST WRITING (HAVING ONE'S NAME AND INSTITUTIONAL AFFILIATION ASSOCIATED WITH A PUBLICATION OR OTHER ARTICLE WHERE THE COVERED INDIVIDUAL HAS NO SUBSTANTIAL INPUT INTO THE PUBLICATION OR ARTICLE). AUTHORSHIP SHOULD BE RESTRICTED TO THOSE INDIVIDUALS WHO MEET THE FOLLOWING CRITERIA: * MADE A SIGNIFICANT CONTRIBUTION TO THE CONCEPTUALIZATION AND/OR DESIGN OR CONDUCT OF THE PROJECT; * PARTICIPATED IN THE ANALYSIS AND INTERPRETATION OF THE DATA, OR OTHER SUBSTANTIAL SCHOLARLY WORK; * PARTICIPATED IN DRAFTING, REVIEWING AND/OR REVISING THE WORK; AND * APPROVED THE FINAL VERSION OF PUBLICATION. - INVOLVE THE COVERED INDIVIDUAL'S ENDORSEMENT OF A PRODUCT OR SERVICE DEVELOPED AND/OR SOLD BY A PARTICULAR BUSINESS. THIS APPLIES TO BOTH WRITTEN AND ORAL ENDORSEMENTS WHEN THE PRODUCT OR SERVICE RELATES TO THE COVERED INDIVIDUAL'S INSTITUTION-RELATED EXPERTISE AND/OR INSTITUTIONAL ACTIVITIES, WHETHER OR NOT THE INDIVIDUAL USES HIS OR HER INSTITUTIONAL TITLE IN MAKING THE ENDORSEMENT; - INVOLVE ACCEPTANCE OF GIFTS OF ANY AMOUNT OR VALUE FROM INDUSTRY DOING BUSINESS OR SEEKING TO DO BUSINESS WITH THE MMRF. EXAMPLES INCLUDE BUT ARE NOT LIMITED TO PENS, PADS, OTHER PROMOTIONAL ITEMS, CASH, FOOD AND DRINK, ENTERTAINMENT SUCH AS TICKETS TO EVENTS, GOLF AND OTHER SPORTS OUTINGS, MEDICAL OR RESEARCH EQUIPMENT, DEVICES OR OTHER PRODUCTS OR SERVICES OR DISCOUNTS ON SAME, USE OF COMPANY VEHICLES OR VACATION FACILITIES, HOTELS, TRANSPORTATION AND OTHER TRAVEL EXPENSES, STOCKS, EQUITY, AND OTHER SUCH FINANCIAL OFFERINGS, GROUP GIFTS, TEXTBOOKS, BIOLOGICAL SAMPLES, SOFTWARE, COMPUTER HARDWARE ACCESSORIES, ELECTRONIC DEVISES SUCH AS CELL PHONES, PAGERS, MUSIC AND VIDEO PLAYERS, PDA'S CONSULTING, FINANCIAL AND OTHER SERVICES AND OFFICE AND RESEARCH SUPPLIES. * IT IS RECOGNIZED THAT THERE ARE CIRCUMSTANCES WHEN INDIVIDUALS HAVE NO CONTROL OVER RECEIPT OF GIFTS AND MAY INADVERTENTLY VIOLATE THIS POLICY, SUCH AS ATTENDANCE AT INDUSTRY SPONSORED PROFESSIONAL MEETINGS WHERE A MANDATORY LUNCH IS PROVIDED AND THERE IS NO PRACTICAL ALTERNATIVE. COVERED INDIVIDUALS MUST REPORT ALL EXTERNAL RELATIONSHIPS ANNUALLY VIA THE REPORT OF EXTERNAL PROFESSIONAL ACTIVITIES. ANNUAL REPORTING IS INTENDED TO BE INCLUSIVE OF ALL FINANCIAL RELATIONSHIPS AND NOT CONFINED TO RELATIONSHIPS RELEVANT TO SPECIFIC ONGOING OR PROPOSED PROJECTS. IN ADDITION, WHEN PROPOSING OR CONDUCTING A SPECIFIC RESEARCH PROJECT, INVESTIGATORS MUST IDENTIFY ANY FINANCIAL INTERESTS RELATED TO THAT SPECIFIC RESEARCH PROJECT TO ENSURE THAT NO ARRANGEMENT HAS BEEN ENTERED INTO WHEREBY THE VALUE OF AN OWNERSHIP INTEREST WILL BE AFFECTED BY THE OUTCOME OF THE RESEARCH. THIS INCLUDES ANY FINANCIAL INTERESTS IN THE SPONSOR, PRODUCT OR SERVICE BEING TESTED, OR IN ANY DIRECT COMPETITOR OF THE SPONSOR, PRODUCT OR SERVICE BEING TESTED. THIS REPORTING WILL BE DONE VIA THE COMPLIANCE COMMITTEE STANDARDIZED REPORTING FORM FOUND IN APPLICATION MATERIALS FOR THE IRB, IACUC, AND IBC AND IN THE GRANT AND CONTRACT APPLICATION FOR EXTERNAL SUPPORT. SUBSTANTIAL CHANGES IN A FINANCIAL OR BUSINESS INTEREST MUST BE REPORTED WITHIN 30 DAYS OF OCCURRENCE. IN ORDER TO MAKE CONFLICT INFORMATION AVAILABLE TO COLLEAGUES, COLLABORATORS, TRAINEES AND RESEARCH SUBJECTS, CERTAIN INFORMATION REGARDING THE CONFLICT SITUATION SHALL BE MADE AVAILABLE VIA A PUBLICLY ACCESSIBLE WEBSITE OR WRITTEN RESPONSE TO ANY REQUESTOR WITHIN FIVE BUSINESS DAYS OF A REQUEST. THIS SHALL INCLUDE, AT A MINIMUM, THE FOLLOWING: THE INVESTIGATOR'S NAME; THE INVESTIGATOR'S TITLE AND ROLE WITH RESPECT TO THE RESEARCH PROJECT; THE NAME OF THE ENTITY IN WHICH THE SIGNIFICANT FINANCIAL INTEREST IS HELD; THE NATURE OF THE SIGNIFICANT FINANCIAL INTEREST; AND THE APPROXIMATE DOLLAR VALUE OF THE INTEREST, OR A STATEMENT THAT THE INTEREST IS ONE WHOSE VALUE CANNOT BE READILY DETERMINED THROUGH REFERENCE TO PUBLIC PRICES OR OTHER REASONABLE MEASURES OF FAIR MARKET VALUE. THIS INFORMATION SHALL BE MADE AVAILABLE PRIOR TO THE EXPENDITURE OF ANY FEDERAL FUNDS AND WILL BE UPDATED AT LEAST ANNUALLY OR WITHIN 60 DAYS OF DISCLOSURE OF A NEWLY IDENTIFIED FINANCIAL CONFLICT. THE INFORMATION WILL REMAIN AVAILABLE FOR AT LEAST THREE YEARS FROM THE DATE THAT THE INFORMATION WAS MOST RECENTLY UPDATED. WHERE A CONFLICT OF INTEREST IS IDENTIFIED, THE COVERED INDIVIDUAL MAY BE REQUIRED TO FOLLOW AN APPROVED CONFLICT MITIGATION PLAN WHICH PROVIDES MECHANISMS TO MANAGE, REDUCE OR ELIMINATE THE CONFLICT. WHEN COVERED INDIVIDUALS PARTICIPATE IN SPONSORED RESEARCH INVOLVING SUB-GRANTEES, CONTRACTORS OR COLLABORATORS OUTSIDE THE INSTITUTION, MMRF WILL TAKE REASONABLE STEPS TO ENSURE THAT THESE OUTSIDE ASSOCIATES COMPLY WITH APPROPRIATE CONFLICT OF INTEREST REPORTING, DISCLOSURE AND REVIEW REQUIREMENTS. APPROPRIATE DISCIPLINARY ACTION MAY BE TAKEN BY THE MMRF AGAINST COVERED INDIVIDUALS WHO VIOLATE THIS POLICY. STEPS WILL BE TAKEN TO REVIEW DISCLOSURES NOT MADE IN A TIMELY MANNER FOR FINANCIAL CONFLICTS OF INTEREST WITHIN 120 DAYS OF A DETERMINATION OF NON-COMPLIANCE, AND MANAGEMENT PLANS WILL BE DEVELOPED AND IMPLEMENTED WITHIN 60 DAYS OF THE RETROSPECTIVE REVIEW. DISCIPLINARY ACTIONS, IN ADDITION TO RETRAINING AND ANY LEGAL PENALTY(IES), MAY INCLUDE ORAL ADMONISHMENT, WRITTEN REPRIMAND, OR REASSIGNMENT, DEMOTION, SUSPENSION, OR TERMINATION. INVESTIGATORS MAY ALSO BE PROHIBITED FROM FURTHER GRANT OR CONTRACT PROPOSAL SUBMISSION OR PARTICIPATION IN RESEARCH ACTIVITIES.
FORM 990, PART VI, SECTION B, LINE 12C CONTINUED: POLICY VIOLATIONS WHICH INVOLVE PHS FUNDED PROJECTS SHALL BE REPORTED TO A RESPONSIBLE GRANTEE OFFICIAL AND SHALL SPECIFY THE TYPE OF ADMINISTRATIVE ACTION TAKEN INCLUDING REQUESTING DISCLOSURE ADDENDUMS TO PREVIOUSLY PUBLISHED PAPERS IF NECESSARY. POLICY VIOLATIONS WHICH INVOLVE OTHER SPONSORED FUNDS SHALL BE REPORTED TO THE SPONSOR AS DIRECTED BY THE TERMS AND CONDITIONS OF THE AWARD. ALL FINANCIAL CONFLICT OF INTEREST RECORDS SHALL BE MAINTAINED FOR AT LEAST THREE YEARS FROM THE DATE A FINAL EXPENDITURE REPORT IS SUBMITTED FOR THE PROJECT OR FROM OTHER DATES AS SPECIFIED IN THE AWARD DOCUMENT OR CONTRACT. REPORTING AND EVALUATING A COVERED INDIVIDUAL'S RELATIONSHIP WITH EXTERNAL ENTITIES: ON AN ANNUAL BASIS, ALL COVERED INDIVIDUALS MUST COMPLETE A REPORT OF EXTERNAL PROFESSIONAL ACTIVITIES COVERING CURRENT RELATIONSHIPS, THOSE THAT OCCURRED IN THE PREVIOUS YEAR, AND THOSE THAT CAN REASONABLY BE EXPECTED IN THE NEXT 12 MONTHS. THE COVERED INDIVIDUAL MUST REPORT: - FINANCIAL AND/OR BUSINESS RELATIONSHIPS AND THOSE OF IMMEDIATE FAMILY MEMBERS WHICH RELATE TO OR COMPETE WITH THE COVERED INDIVIDUALS INSTITUTIONAL RESPONSIBILITIES INCLUDING, BUT NOT LIMITED TO, SALARY OR OTHER PAYMENTS FOR SERVICES (E.G. CONSULTING FEES OR HONORARIA); - EQUITY INTERESTS (E.G. STOCKS, WHETHER PUBLICLY TRADED OR NOT, STOCK OPTIONS, OR OTHER OWNERSHIP INTERESTS); - INTELLECTUAL PROPERTY RIGHTS (E.G. PATENTS, COPYRIGHTS AND ROYALTIES FROM SUCH RIGHTS); AND - OTHER ARRANGEMENTS UNDER WHICH FINANCIAL BENEFITS HAVE BEEN RECEIVED (E.G. GIFTS, LOANS OR SERVICES). REPORTING WILL CONSIST OF LISTING THE ENTITY WITH WHICH THE RELATIONSHIP EXISTS, OR IS ANTICIPATED IN THE NEXT 12 MONTHS, AND THE DOLLAR AMOUNT. THERE IS NO MINIMUM DOLLAR THRESHOLD FOR REPORTING; ALL COVERED FINANCIAL RELATIONSHIPS MUST BE REPORTED. THE DOLLAR AMOUNT MAY BE REPORTED AS A RANGE: UP TO $4,999; $5,000-$9,999; $10,000-$19,999; $20,000-$99,999 BY INCREMENTS OF $20K; $100,000-$250,000 BY INCREMENTS OF $50K; AND OVER $250,000. IF NEEDED TO ADEQUATELY EVALUATE OR MANAGE A CONFLICT, THE COI COMMITTEE MAY ASK FOR MORE DETAILED INFORMATION, INCLUDING INFORMATION GOING BACK AS FAR AS THREE YEARS. RELATIONSHIPS THAT FALL OUTSIDE MMRF'S REPORTING GUIDELINES, SUCH AS THOSE OF A NON-BUSINESS OR NON-FINANCIAL NATURE (E.G. CLOSE FRIEND, IMMEDIATE OR EXTENDED FAMILY MEMBER), THAT MAY CREATE A CONFLICT OF INTEREST OR THAT MIGHT INFLUENCE THE WAY A COVERED INDIVIDUAL ALLOCATES INSTITUTIONAL RESOURCES, MUST BE REPORTED AND MAY REQUIRE CONSIDERATION BY THE COI COMMITTEE. THE COI COMMITTEE RESERVES THE RIGHT TO MAKE FURTHER INQUIRES INTO THE NATURE OF THE COVERED INDIVIDUAL'S REPORT SHOULD ADDITIONAL INFORMATION BE REQUIRED. THE FOLLOWING ACTIVITIES ARE EXEMPT FROM THESE REPORTING REQUIREMENTS: - SALARY, ROYALTIES OR OTHER REMUNERATION FROM THE COVERED INDIVIDUAL'S INSTITUTION; - INCOME FROM ACTIVITIES SPONSORED BY GOVERNMENTAL AGENCIES OR ENTITIES; - INCOME FOR SERVING AS SPECIAL REVIEWER OR ON A REVIEW PANEL FOR GOVERNMENTAL AGENCIES OR ENTITIES; - TRAVEL EXPENSES PAID AS PART OF A RESEARCH PROJECT; - EQUITY INTEREST IN MUTUAL FUNDS, PENSION OR OTHER INSTITUTIONAL INVESTMENT FUNDS WHOSE INVESTMENT PRACTICES ARE BEYOND THE CONTROL OF THE INDIVIDUAL. COVERED INDIVIDUALS WHO ARE TEMPORARILY ON A LEAVE OF ABSENCE, SABBATICAL OR REDUCED APPOINTMENT MUST ALSO REPORT THESE EXTERNAL RELATIONSHIPS. THE COI COMMITTEE WILL TAKE INTO CONSIDERATION THE COVERED INDIVIDUAL'S STATUS WHEN REVIEWING REPORTED INFORMATION. THE CONFLICT OF INTEREST COMMITTEE: THE MMRF WILL MAINTAIN A COI COMMITTEE TO DEAL WITH ISSUES CONCERNING THIS POLICY. THIS COMMITTEE SHALL BE CHAIRED BY THE PRESIDENT OF THE MMRF, AND SHALL HAVE THE FOLLOWING PRINCIPLE FUNCTIONS: - TO ASSIST IN THE IMPLEMENTATION OF THIS POLICY; - TO ANSWER QUESTIONS CONCERNING THIS POLICY (THE IDENTITY OF PERSONNEL ASKING QUESTIONS AND THE SPECIFIC FACTS OF QUESTIONS SHALL BE KEPT PRIVATE TO THE EXTENT ALLOWED BY THE LAW); - TO REVIEW DISCLOSURES OF CONFLICT OF INTEREST; - TO DEVELOP AND APPROVE ANY PLANS TO MANAGE, REDUCE OR ELIMINATE CONFLICTS; - TO RECOMMEND TO THE MMRF EXECUTIVE COMMITTEE ANY DISCIPLINARY ACTION TO BE TAKEN UNDER THIS POLICY, DISCIPLINARY ACTIONS TO BE APPROVED BY THE MMRF BOARD OF DIRECTORS; - UPON THE REQUEST OF AFFECTED PERSONNEL, TO REVIEW A DECISION BY AN ADMINISTRATION OFFICIAL THAT A DISCLOSED SITUATION CONSTITUTES AN ACTUAL CONFLICT OF INTEREST; - TO PERIODICALLY REVIEW THIS POLICY, INCLUDING THE SET FINANCIAL THRESHOLDS; AND - TO WORK IN COOPERATION WITH CAMPUS COMPLIANCE OFFICERS. THIS COMMITTEE SHALL BE COMPROMISED OF: THE EXECUTIVE COMMITTEE OF THE MMRF (THE PRESIDENT, VICE PRESIDENT, SECRETARY/TREASURER, AND VICE OF OPERATIONS/COO OF THE MMRF), HCMC'S CHIEF OF CLINICAL OPERATIONS, THE CHAIR OF INSTITUTIONAL REVIEW BOARD (IRB) AND THE CHAIR OF THE INSTITUTIONAL ANIMAL CARE AND USE COMMITTEE (IACUC) AND A COMMUNITY MEMBER TO BE APPOINTED BY THE PRESIDENT OF THE MMRF. SHOULD THE COMMITTEE REQUIRE ADDITIONAL EXPERTISE, INCLUDING LEGAL COUNSEL, AD HOC MEMBERS MAY BE ASKED TO PARTICIPATE AS NON-VOTING MEMBERS. UNDER CERTAIN CIRCUMSTANCES, THE COI COMMITTEE MAY DELEGATE THE REVIEW OF A CONFLICT OF INTEREST DISCLOSURE TO AT LEAST TWO MEMBERS OF THE FULL COI COMMITTEE (THE PRESIDENT AND/OR THE VICE PRESIDENT OF OPERATIONS OR ANOTHER MEMBER). THIS EXECUTIVE REVIEW MAY BE USED WHEN ONE OR MORE OF THE FOLLOWING CRITERIA ARE MET: THE FINANCIAL DISCLOSURE IS LESS THAN $5,000; THE DISCLOSURE INVOLVES AN ANTICIPATED CONFLICT; THE PROPOSED PROJECT INVOLVES MINIMAL RISK TO HUMANS; THE PROPOSED PROJECT REQUIRES MINIMAL INVOLVEMENT OF THE CONFLICTED PERSON; THE DISCLOSED CONFLICT INVOLVES MINIMAL RISK TO STUDY INTEGRITY (STUDY DESIGN, GENERATION OF DATA, ANALYSIS OF DATA, OR PRESENTATION OF RESULTS). DETAILS OF THE CONFLICT AND ANY NECESSARY MITIGATION WILL BE DOCUMENTED AND A SUMMARY OR THE REVIEW AND ANY ACTIONS TAKEN WILL BE PRESENTED AS PART OF A CONSENT AGENDA AT THE NEXT MEETING OF THE FULL COI COMMITTEE. DETERMINING WHETHER A CONFLICT OF INTEREST REQUIRES MANAGEMENT OR ELIMINATION: THE COI COMMITTEE'S CRITERIA FOR EVALUATING DISCLOSURES WILL INCLUDE BUT NOT BE LIMITED TO 1) RISKS TO RESEARCH SUBJECTS; 2) RISKS TO THE SCIENTIFIC INTEGRITY OF STUDY DESIGN, DATA COLLECTION, ANALYSIS AND REPORTING; AND 3) EXPECTED BENEFITS OF ACTIVITY. WHENEVER A COVERED INDIVIDUAL'S ACTIVITIES OR RELATIONSHIPS ARE UNDER REVIEW BY THE COI COMMITTEE, THE COVERED INDIVIDUAL WILL HAVE AN OPPORTUNITY TO PROVIDE INFORMATION TO THE COMMITTEE EITHER IN PERSON OR BY SUBMISSION OF A WRITTEN STATEMENT AND/OR THE PROVISION OF OTHER WRITTEN INFORMATION. MANAGING CONFLICT OF INTEREST: WHEN THE COI COMMITTEE DETERMINES THAT A CONFLICT OF INTEREST EXISTS, THE COMMITTEE WILL EVALUATE THE CONFLICT SITUATION CONSIDERING FACTORS INCLUDING: THE NATURE OF THE ACTIVITY; THE NATURE OF THE FINANCIAL INTEREST; AND THE POTENTIAL FOR THE CONFLICT TO INFLUENCE THE ACTIVITY IN QUESTION. WHERE RESEARCH IS INVOLVED, THE COMMITTEE WILL EVALUATE THE RISK THE RESEARCH POSES TO RESEARCH SUBJECTS AND THE DEGREE TO WHICH THE OUTCOME OF THE RESEARCH MAY BE AFFECTED BY ANY FINANCIAL INTEREST. THE COMMITTEE WILL DETERMINE WHETHER THE CONFLICT SITUATION 1) CAN BE EFFECTIVELY MANAGED THOUGH DEVELOPMENT AND IMPLEMENTATION OF A CONFLICT MITIGATION PLAN; 2) CAN BE MANAGED BY CHANGING THE COVERED INDIVIDUAL'S TERMS OF PARTICIPATION IN AN INSTITUTIONAL ACTIVITY; OR 3) NEEDS TO BE ELIMINATED. POSSIBLE RECOMMENDATIONS INCLUDE APPROVAL OF THE ACTIVITY AS PROPOSED IF IT IS CONCLUDED THAT THE POTENTIAL IS SO REMOTE OR INCONSEQUENTIAL THAT THERE IS MINIMAL PROBABILITY FOR BIASING THE OBJECTIVITY OF THE ACTIVITY. OTHER POSSIBLE RECOMMENDATIONS ARE TO REQUIRE PERIODIC PEER REVIEW OF THE ACTIVITY (OVERSIGHT) BY INDIVIDUALS INDEPENDENT OF THE EMPLOYEE, OUTSIDE MONITORS FOR THE ACTIVITY, DIVESTITURE OF THE FINANCIAL OR BUSINESS INTEREST, MODIFICATION OF THE PLAN OF WORK, OR ASSIGNMENT OF DIFFERENT EMPLOYEES WITHOUT A FINANCIAL OR BUSINESS INTEREST TO CONTROL THE ACTIVITY, OR LIMITING THE INDIVIDUAL'S ROLE AND RESPONSIBILITIES IN THE PROJECT. TO THE EXTENT POSSIBLE AND REASONABLE UNDER THE CIRCUMSTANCES, AND IN LIGHT OF THE IMPORTANCE OF THE ACTIVITY, THE REVIEW COMMITTEES AND RESPONSIBLE ADMINISTRATORS WILL WORK WITH EMPLOYEES TO DEVELOP MEANS FOR THE ACTIVITY TO TAKE PLACE WHILE PROTECTING THE INTEGRITY AND THE REPUTATION OF THE EMPLOYEES AND THE MMRF.
FORM 990, PART VI, SECTION B, LINE 12C CONTINUED: IF THE COI COMMITTEE DETERMINES THAT A CONFLICT MITIGATION PLAN CAN EFFECTIVELY MANAGE THE CONFLICT SITUATION, THE COMMITTEE WILL WORK WITH THE COVERED INDIVIDUAL TO DEVELOP A CONFLICT MITIGATION PLAN THAT WILL: - DESCRIBE THE CIRCUMSTANCES THAT GIVE RISE TO THE CONFLICT OF INTEREST UNDER INSTITUTIONAL POLICY; - SET FORTH SPECIFIC MANDATORY MITIGATION MECHANISMS; - SET FORTH A PLAN FOR MONITORING AND FOLLOW-UP; - ADDRESS ANY DISCLOSURES REQUIRED; - REQUIRE A WRITTEN CONFIRMATION OF CONSENT FROM THE COVERED INDIVIDUAL TO ALL REQUIREMENTS OF THE MANAGEMENT PLAN. WHEN PERSONNEL PARTICIPATE IN SPONSORED RESEARCH INVOLVING SUB-GRANTEES, CONTRACTORS OR COLLABORATORS OUTSIDE THE MMRF, REASONABLE STEPS WILL BE TAKEN TO ENSURE THAT INVESTIGATORS WORKING FOR THESE OUTSIDE ENTITIES COMPLY WITH APPROPRIATE CONFLICT OF INTEREST DISCLOSURE AND REVIEW REQUIREMENTS. THESE STEPS MAY INCLUDE REQUIRING THE INVESTIGATORS TO COMPLY WITH MMRF'S POLICY OR OBTAINING WRITTEN ASSURANCES FROM THE OUTSIDE ENTITY THAT IT COMPLIES WITH APPLICABLE FEDERAL REGULATIONS OR SPONSOR POLICIES ON CONFLICT OF INTEREST. THE OUTCOME OF THE COI COMMITTEE DELIBERATIONS AND ANY MITIGATION PLAN(S) WILL BE SHARED WITH THE COVERED INDIVIDUAL'S SUPERVISOR/DEPARTMENT HEAD. DISCLOSURE OUTSIDE THE INSTITUTION: COVERED INDIVIDUALS MUST DISCLOSE THEIR CONFLICTS OF INTEREST WHEN SUBMITTING RESEARCH REPORTS, REVIEWS, OPINION PIECES, AND LETTERS TO THE EDITOR OR OTHER TYPES OF COMMUNICATIONS FOR PUBLICATION. SUCH DISCLOSURES MUST BE MADE TO THE AUDIENCE FOR EDUCATIONAL PRESENTATIONS, AND TO THE RESPONSIBLE REPORTER OR EDITOR FOR NEWS ARTICLES, INTERVIEWS OR PRESS RELEASES. JOURNAL ARTICLES AND RESEARCH REPORTS MAY FOLLOW INDIVIDUAL JOURNAL OR FUNDING AGENCY REPORTING FORMATS. INSTITUTIONAL CONFLICT OF INTEREST: INSTITUTIONS SUCH AS THE MMRF MAY HAVE FINANCIAL CONFLICTS OF INTEREST INDEPENDENT OF THOSE OF SPECIFIC INDIVIDUALS. EXAMPLES INCLUDE GIFTS OR ROYALTIES ACCRUING TO THE INSTITUTION RATHER THAN TO AN INDIVIDUAL OR SPECIFIC LAB OR DEPARTMENT, OR SUPPORT OF INSTITUTIONAL EDUCATIONAL CONFERENCES. INSTITUTIONAL COI RAISES ISSUES SIMILAR TO THOSE RAISED BY INDIVIDUAL COI, AND SHOULD BE SUBJECT TO THE SAME SCRUTINY, DISCLOSURE AND MANAGEMENT PROCEDURES. EDUCATIONAL ACTIVITIES -- WHEN AN EDUCATIONAL ACTIVITY IS CONDUCTED BY MMRF AS THE SOLE ORGANIZER, THESE ACTIVITIES MAY NOT BE SUPPORTED BY FUNDS FROM VENDORS DOING BUSINESS WITH MMRF. WHEN EDUCATIONAL ACTIVITIES ARE CO-SPONSORED BY MMRF AND OTHER INSTITUTIONS (E.G. HENNEPIN HEALTH SYSTEM) WHICH DO NOT HAVE A SIMILAR PROHIBITION, THE CRITERIA OF THE ACCREDITATION COUNCIL FOR CONTINUING EDUCATION (ACCME) FOR COI IN CONTINUING MEDICAL EDUCATION MUST BE ADHERED TO BY ALL ORGANIZATIONS INVOLVED. GIFTS -- THE MMRF MAY NOT ACCEPT GIFTS OR CONTRIBUTIONS FROM VENDORS WITH WHICH IT CONDUCTS BUSINESS, SUCH AS THE PURCHASING OF COMMON EQUIPMENT, ON AN INSTITUTIONAL LEVEL. THIS POLICY WOULD NOT APPLY TO VENDORS PROVIDING GOODS AND SERVICES TO INDIVIDUAL FACULTY OR STAFF OR LABORATORIES (IN WHICH MMRF AS AN INSTITUTION DOES NOT INFLUENCE THE CHOICE OF VENDOR OTHER THAN BY GUARANTEEING COMPETITIVE BIDDING WHEN REQUIRED) BUT WOULD APPLY TO VENDORS IN THE CASE THAT THE MMRF MAKES PURCHASING DECISIONS AS AN INSTITUTION, E.G. COMMON EQUIPMENT, BIOHAZARD DISPOSAL SERVICES. AN INSTITUTIONAL CONFLICT COMMITTEE CONSISTING OF THE MMRF COI COMMITTEE PLUS TWO ADDITIONAL EXTERNAL NON-INSTITUTIONAL MEMBERS WILL REVIEW ALL INSTITUTIONAL CONFLICTS OF INTEREST. THE MMRF COO WILL REPORT ALL INSTITUTIONAL FINANCIAL CONFLICTS OF ANY AMOUNT TO THE COMMITTEE FOR REVIEW.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2014

Additional Data


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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 Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047
2014
Open to Public Inspection
Name of the organization
MINNEAPOLIS MEDICAL RESEARCH FOUNDATION
 
Employer identification number

41-1677920
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










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) HENNEPIN HEALTHCARE SYSTEM
701 PARK AVENUE

MINNEAPOLIS,MN55415
42-1707837 		HOSPITAL MN 501(C)(3) LINE 3 N/A
 
No
(2) HENNEPIN HEALTH FOUNDATION
701 PARK AVENUE

MINNEAPOLIS,MN55415
41-0845733 		PHILANTHROPIC SUPPORT MN 501(C)(3) LINE 11A, I N/A
 
No










For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2014
Schedule R (Form 990) 2014
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












Schedule R (Form 990) 2014
Schedule R (Form 990) 2014
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
 
No
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
 
No
h Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1k
Yes
 
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
 
No
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





Schedule R (Form 990) 2014
Schedule R (Form 990) 2014
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) 2014
Schedule R (Form 990) 2014
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R (see instructions).
Return Reference Explanation
Schedule R (Form 990) 2014
Additional Data


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