Form990


Department of the TreasuryInternal 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)
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OMB No. 1545-0047
2021
Open to Public Inspection
A For the 2021 calendar year, or tax year beginning 09-01-2022 , and ending 08-31-2023
BCheck if applicable:
CName of organization
Howard Hughes Medical Institute
 
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
4000 JONES BRIDGE ROAD
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHEVY CHASE, MD208156789
D Employer identification number

59-0735717
E Telephone number

G Gross receipts $ 39,203,609,393
F Name and address of principal officer:
Erin O'Shea
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD208156789
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
WWW.HHMI.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: 1953
M State of legal domicile: DE
Part I
Summary
Activities  & Governance 1 Briefly describe the organization’s mission or most significant activities: THE HOWARD HUGHES MEDICAL INSTITUTE IS A PHILANTHROPY THAT SERVES SOCIETY THROUGH THE DIRECT CONDUCT OF BIOMEDICAL RESEARCH AND SUPPORT FOR PROGRAMS IN SCIENCE EDUCATION.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 11
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 11
5 Total number of individuals employed in calendar year 2021 (Part V, line 2a) ...... 5 2,419
6 Total number of volunteers (estimate if necessary) ............. 6 0
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 56,759,368
b Net unrelated business taxable income from Form 990-T, Part I, line 11 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 2,025,577 2,027,136
9 Program service revenue (Part VIII, line 2g) ......... 3,865,374 4,779,831
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 2,087,454,899 718,984,759
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 24,131,707 23,231,062
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 2,117,477,557 749,022,788
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 30,168,536 105,314,043
14 Benefits paid to or for members (Part IX, column (A), line 4).....   0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 398,296,704 434,141,500
16a Professional fundraising fees (Part IX, column (A), line 11e) .....   0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet0    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 557,824,715 607,635,036
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 986,289,955 1,147,090,579
19 Revenue less expenses. Subtract line 18 from line 12....... 1,131,187,602 -398,067,791
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 25,877,392,654 25,892,499,538
21 Total liabilities (Part X, line 26)............. 1,837,723,670 1,715,409,329
22 Net assets or fund balances. Subtract line 21 from line 20..... 24,039,668,984 24,177,090,209
Part II
Signature Block
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Type or print name and title
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Print/Type preparer's name
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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 (2021)
Form 990 (2021)
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: THE MISSION OF THE INSTITUTE HAS REMAINED CONSTANT SINCE ITS FOUNDING IN 1953. AS ITS RESTATED ARTICLES OF INCORPORATION STATE THE PRIMARY PURPOSE AND OBJECTIVE OF THE HOWARD HUGHES MEDICAL INSTITUTE SHALL BE THE PROMOTION OF HUMAN KNOWLEDGE BY CONDUCTING DISCOVERY RESEARCH AND SCIENCE EDUCATION, PRINCIPALLY WITHIN FIELDS ASSOCIATED WITH BASIC BIOMEDICAL SCIENCES, AND THE DISSEMINATION AND APPLICATION OF THAT KNOWLEDGE FOR THE BENEFIT OF HUMANITY.
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 $ 766,358,205 including grants of $ 0 ) (Revenue $ 3,754,693 )
MEDICAL RESEARCH ORGANIZATION ACTIVITIES (A) THE HHMI INVESTIGATOR PROGRAM (B) JANELIA RESEARCH CAMPUS (A) The HHMI Investigator Program The Howard Hughes Medical Institute's approach to biomedical research can be summarized in three words: people, not projects. By employing scientists as HHMI Investigators - rather than awarding research grants - the Institute provides long-term, flexible funding that enables its researchers to pursue their scientific interests wherever they lead. HHMI believes that scientists of exceptional talent and imagination will make fundamental discoveries of lasting scientific value and benefit to humanity if they are given the resources, time, and freedom to pursue challenging questions. HHMI Investigators receive a seven-year appointment, which is renewable pending favorable scientific review. The Institute nurtures the creativity and intellectual daring of scientists who are willing to set aside conventional wisdom or the easy question for a fundamental problem that may take many years to solve. Among the characteristics that distinguish this group of scientists are qualities such as creativity, a penchant for risk-taking, and a commitment to discovery, productivity, and perseverance. This unique research model is an imaginative and powerful alternative to funding biomedical research through grants. The HHMI Investigator Program employs more than 260 HHMI researchers, among them 16 Nobel laureates and more than 150 members of the National Academy of Sciences. HHMI Investigators direct Institute research laboratories on the campuses of about 60 universities and other research organizations throughout the United States. Since the early 1990s, Investigators have been selected through rigorous national competitions. The Institute solicits applications directly from scientists at medical schools and other research institutions in the United States, with the aim of identifying those who have the potential to make significant contributions to science. HHMI employs an open application process to ensure that it is selecting its researchers from a broad and deep pool of scientific talent. HHMI announced a national competition in October 2022 to appoint approximately 25 new Investigators. This effort will expand HHMI's community of Investigators who perform basic biological research at research institutions across the nation. In January 2023, the Institute launched the Emerging Pathogens Initiative with a $100 million commitment to support basic research targeted at preparedness for emerging pathogens that could threaten human health. Thirteen project teams involving 70 scientists from 29 institutions will collaborate on the research. This one-time competition invited proposals from HHMI Investigators for projects to be conducted independently or in collaboration with a diverse spectrum of scientists at US institutions and across the globe. (B) Janelia Research Campus HHMI's Janelia Research Campus in Ashburn, Virginia, innovates research practices and technologies to solve biology's deepest mysteries. At Janelia, integrated teams of lab scientists and tool-builders pursue a small number of scientific questions with potential for transformative impact. To drive science forward, methods, results, and tools are shared with the scientific community. In FY23, Janelia opened labs in the campus's newest research area, 4D Cellular Physiology (4DCP). 4DCP aims to examine how cells work and communicate across scales to build and maintain organs and organisms, an effort that leverages Janelia's strengths in developing cutting-edge molecular tools and imaging technologies as well as computational and theoretical methods. As a result of dedicated recruitment efforts, Janelia welcomed six new group leaders in 4DCP, one senior group leader in Molecular Tools and Imaging, and two group leaders in Mechanistic Cognitive Neuroscience. In the current fiscal year, there were 27 group leaders, 15 senior group leaders, and six Janelia scholars at Janelia, in addition to graduate students, other scientific trainees, and visiting scientists. Janelia also has a vibrant scientific conference program, which brings many scientists to its campus each year for educational meetings, as well as research opportunities in the Advanced Imaging Center and Collaboratorium for scientists to come onsite to collaborate with Janelia researchers.
4b (Code:   ) (Expenses $ 161,087,616 including grants of $ 105,314,043 ) (Revenue $ 1,025,138 )
SCIENCE EDUCATION, FELLOWSHIPS, AND MEDIA PROGRAMS (A) CENTER FOR THE ADVANCEMENT OF SCIENCE LEADERSHIP & CULTURE (B) BIOINTERACTIVE (C) TANGLED BANK STUDIOS (D) HANNA H. GRAY FELLOWS PROGRAM (E) E-LIFE OPEN ACCESS JOURNAL (F) AFRICA HEALTH RESEARCH INSTITUTE IN SOUTH AFRICA (CONTINUED ON SCHEDULE O)
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet927,445,821
Form 990 (2021)
Form 990 (2021)
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
List of Attached Documents:
// Content
.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. Click to see attachment
List of Attached Documents:
// Content
...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part IIClick to see attachment
List of Attached Documents:
// Content
.........
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 Rev. Proc. 98-19? If "Yes," complete Schedule C, Part III..
5
 
 
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 I.........................
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 II....
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..............
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 IV..............
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 V......
10
 
No
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
List of Attached Documents:
// Content
...................
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
List of Attached Documents:
// Content
.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII.......
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 IX............
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
List of Attached Documents:
// Content
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
List of Attached Documents:
// Content
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
......................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
List of Attached Documents:
// Content
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
List of Attached Documents:
// Content
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 IV.....Click to see attachment
List of Attached Documents:
// Content
15
Yes
 
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...
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
 
 
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.....Click to see attachment
List of Attached Documents:
// Content
21
Yes
 
Form 990 (2021)
Form 990 (2021)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
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........Click to see attachment
List of Attached Documents:
// Content
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
List of Attached Documents:
// Content
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............Click to see list of attachments
List of Attached Documents:
// Content
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
No
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
No
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3), 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 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) 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 the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....Click to see attachment
List of Attached Documents:
// Content
28b
Yes
 
c
A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? 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
List of Attached Documents:
// Content
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
List of Attached Documents:
// Content
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...Click to see attachment
List of Attached Documents:
// Content
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............
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 VI
37
 
No
38
Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
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
927
b
Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
Form 990 (2021)
Form 990 (2021)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
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
2,419
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. See instructions.
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletHK , IN , ID , EI , IT , JA , JE , JO , KS , KV , LU , IM , AS , MP , MX , MJ , NL , RP , RS , RN , LO , SF , SP , SW , SZ , TW , TH , TU , BE , AE , UK , BD , BR , VI , CA , CJ , AN , DA , FI , FR , GM , GK
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
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
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
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.
15
Yes
 
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
17
Section 501(c)(21) organizations. Did the trust, any disqualified person, or mine operator engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.
17
 
 
Form 990 (2021)
Form 990 (2021)
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
11
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
11
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
Yes
 
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
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
 
No
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
 
No
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 on 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 on Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process on 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
CA , IL , IN , MA , NY , OR
18
Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 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:
MediumBulletLYNNE LOCHTE4000 JONES BRIDGE ROAD   CHEVY CHASE,MD20815 (301) 215-8500
Form 990 (2021)
Form 990 (2021)
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 the 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, Form 1099-MISC, and/or box 1 of Form 1099-NEC) 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.

See the instructions for the order in which to list the persons above.
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/1099-NEC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(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) ALISON F RICHARD PHD
 
TRUSTEE, CHAIR EDUCATION COMM
4.0
.................
0.0
X           70,000 0 0
(2) CHARLENE BARSHEFSKY ESQ
 
TRUSTEE, CHAIR NOM & GOV COMM
4.0
.................
0.0
X           70,000 0 0
(3) CLAYTON S ROSE PHD
 
TRUSTEE, CHAIR
6.0
.................
0.0
X           100,000 0 0
(4) DAVID JULIUS PHD
 
TRUSTEE
2.0
.................
0.0
X           60,000 0 0
(5) DEBORA L SPAR PHD
 
TRUSTEE, CHAIR AUDIT & COMP
4.0
.................
0.0
X           70,000 0 0
(6) FRED R LUMMIS
 
TRUSTEE, CHAIR FINANCE COMM
4.0
.................
0.0
X           70,000 0 0
(7) JOSEPH L GOLDSTEIN MD
 
TRUSTEE, CHAIR RESEARCH COMM
4.0
.................
0.0
X           70,000 0 0
(8) KURT L SCHMOKE ESQ
 
TRUSTEE
2.0
.................
0.0
X           60,000 0 0
(9) MARGARET D TUTWILER
 
TRUSTEE
2.0
.................
0.0
X           60,000 0 0
(10) PAUL M NURSE PHD
 
TRUSTEE
2.0
.................
0.0
X           30,000 0 0
(11) RISA LAVIZZO-MOUREY MD MBA
 
TRUSTEE
2.0
.................
0.0
X           60,000 0 0
(12) ANN K BATLLE ESQ
 
DEPUTY GENERAL COUNSEL & ASSISTANT SECRETARY (THRU 2/23)
40.0
.................
0.0
    X       379,750 0 64,069
(13) BLANTON TOLBERT PHD
 
VICE PRESIDENT OF SCIENCE LEADERSHIP AND CULTURE (AS OF 11/22)
40.0
.................
0.0
    X       118,714 0 11,711
(14) BODO STERN PHD
 
CHIEF OF STRATEGIC INITIATIVES
40.0
.................
0.0
    X       412,714 0 47,118
(15) DANIEL A CRONIN PHD
 
VP & CHIEF FINANCIAL & OPERATING OFFICER (THRU 1/23)
40.0
.................
0.0
    X       671,153 0 46,419
(16) DONALD KOCH
 
VP & CHIEF INVESTMENT OFFICER
40.0
.................
0.0
    X       2,471,389 0 69,294
(17) ERIN K O'SHEA PHD
 
PRESIDENT
40.0
.................
0.0
    X       1,579,347 0 60,541
Form 990 (2021)
Form 990 (2021)
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/1099-NEC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(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) HEIDI E HENNING ESQ
 
VP & GENERAL COUNSEL & SECRETARY
40.0
.......................0.0
    X       743,698 0 67,468
(19) JEREMY COMPTON
 
ASSOCIATE CONTROLLER & ASSISTANT TREASURER
40.0
.......................0.0
    X       216,469 0 33,018
(20) KRISTINA HEIBERGER
 
DEPUTY GENERAL COUNSEL & ASSISTANT SECRETARY (AS OF 2/23)
40.0
.......................0.0
    X       286,350 0 72,870
(21) LESLIE B VOSSHALL PHD
 
VP & CHIEF SCIENTIFIC OFFICER
40.0
.......................0.0
    X       672,222 0 65,705
(22) LYNNE LOCHTE
 
CHIEF FINANCIAL OFFICER & TREASURER (AS OF 8/23)
40.0
.......................0.0
    X       84,619 0 18,038
(23) MONIQUE L MARCUS
 
CONTROLLER (THRU 9/22)
40.0
.......................0.0
    X       240,170 0 43,263
(24) NATASHA NEISES
 
SENIOR DIRECTOR, FINANCIAL PLANNING & ANALYSIS
40.0
.......................0.0
    X       268,438 0 39,228
(25) RONALD VALE PHD
 
VP & EXEC DIR, JANELIA RESEARCH CAMPUS
40.0
.......................0.0
    X       723,393 0 61,864
(26) SEAN B CARROLL PHD
 
VP FOR SCIENCE & EDUCATIONAL MEDIA GROUP
40.0
.......................0.0
    X       830,494 0 53,551
(27) GLEN ZWICKER
 
MANAGING DIRECTOR & HEAD OF INVESTMENT OPS
40.0
.......................0.0
        X   1,370,091 0 67,763
(28) GREGORY DENINNO
 
MANAGING DIRECTOR, PRIVATE MARKETS (THRU 9/22)
40.0
.......................0.0
        X   2,164,572 0 47,533
(29) MARK SPROLES
 
MANAGING DIRECTOR, PRIVATE MARKETS
40.0
.......................0.0
        X   950,676 0 32,177
(30) RICHARD A PENDER
 
MANAGING DIRECTOR, PUBLIC MARKETS (THRU 4/23)
40.0
.......................0.0
        X   1,624,385 0 61,873
(31) RICHARD AXEL PHD
 
INVESTIGATOR
40.0
.......................0.0
        X   750,671 0 54,145
(32) DAVID E CLAPHAM PHD
 
SENIOR GROUP LEADER/FORMER VP & CHIEF SCIENCE OFFICER
40.0
.......................0.0
          X 633,140 0 64,480
(33) DENNIS MCKEARIN PHD
 
SENIOR SCIENTIFIC OFFICER/FORMER VP OF OPERATIONS
40.0
.......................0.0
          X 473,061 0 52,389
(34) GERALD M RUBIN PHD
 
SENIOR GROUP LEADER/FORMER VP&EXEC DIR, JRC
40.0
.......................0.0
          X 566,244 0 55,467
(35) SUSAN S PLOTNICK
 
DIRECTOR OF FINANCE & ASSISTANT TREASURER (THRU 6/22)
40.0
.......................0.0
          X 165,867 0 23,545
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 19,117,627 0 1,213,529
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet823
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual
...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address
(B)
Description of services
(C)
Compensation
BRIDGEWATER ASSOCIATES LP

ONE NYALA FARMS ROAD
WESTPORT,CT06880
INVESTMENT MGT 9,205,537
ARAMARK HARRISON LODGING

1101 MARKET STREET
PHILADELPHIA,PA10107
CONFERENCE CTR MGT 6,718,985
JONES LANG LASALLE AMERICAS INC

525 WILLIAM PENN PLACE
PITTSBURGH,PA15259
FACILITIES MGT 4,021,555
PORTSEA FUND SICAV PLC

C/O CITCO FUND SVCS IRELAND LTD
TELLANGANA HOUSE BLACKROCK RD
CORK    
EI
INVESTMENT MGT 2,895,920
SELECT EQUITY GROUP INC (VIA SPRUGOS INVESTMENTS III LLC)

380 LAFAYETTE STREET
NEW YORK,NY10003
INVESTMENT MGT 2,815,660
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet159
Form 990 (2021)
Form 990 (2021)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue
(B)
Related or
exempt
function
revenue
(C)
Unrelated
business
revenue
(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, Grants, and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c  
d Related organizations1d  
e Government grants (contributions)1e  
f All other contributions, gifts, grants, and similar amounts not included above1f 2,027,136
g Noncash contributions included in lines 1a - 1f:$ 1g  
h Total. Add lines 1a-1f.......MediumBullet 2,027,136
 Program Service RevenueAmt Business Code
2a RENTAL INCOME 900099 3,754,693 3,754,693    
b TV & FILM INCOME 900099 1,025,138 1,025,138    
c
d
e
f All other program service revenue. 0 0 0 0
g Total. Add lines 2a–2f .....MediumBullet 4,779,831
 OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ......MediumBullet 173,786,251   21,483,087 152,303,164
4 Income from investment of tax-exempt bond proceedsMediumBullet 4,651,934     4,651,934
5 Royalties...........MediumBullet 22,531,008     22,531,008
(ii) Personal (i) Real
6a Gross rents     6a
b Less: rental expenses     6b
c Rental income or (loss) 0 0 6c
d Net rental income or (loss).......MediumBullet        
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory 35,247,188 38,959,885,991 7a
b Less: cost or other basis and sales expenses 0 38,454,586,605 7b
c Gain or (loss) 35,247,188 505,299,386 7c
d Net gain or (loss).........MediumBullet 540,546,574   35,276,281 505,270,293
8a Gross income from fundraising events (not including $   of contributions reported on line 1c). See Part IV, line 18 ....
8a  
b Less: direct expenses ... 8b  
c Net income or (loss) from fundraising events..MediumBullet      
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..MediumBullet        
10a Gross sales of inventory, less
returns and allowances ..
10a  
b Less: cost of goods sold .. 10b  
c Net income or (loss) from sales of inventory..MediumBullet        
Business Code Miscellaneous Revenue
11a CAFETERIA 900099 222,487     222,487
b EASEMENT RELOCATION REIMBURSEMENT 900099 267,750     267,750
c CASH DISCOUNTS 900099 195,762     195,762
d All other revenue .... 14,055 0 0 14,055
e Total. Add lines 11a–11d ...... MediumBullet 700,054
12 Total revenue. See instructions.....MediumBullet 749,022,788 4,779,831 56,759,368 685,456,453
Form 990 (2021)
Form 990 (2021)
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 .... 95,431,334 95,431,334
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ........... 8,515,198 8,515,198
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. ............. 1,367,511 1,367,511
4 Benefits paid to or for members .......    
5 Compensation of current officers, directors, trustees, and key employees ........... 15,089,142 3,649,010 11,440,132  
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ......... 1,444,229 517,023 927,206  
7 Other salaries and wages........ 333,245,707 284,208,984 49,036,723  
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 25,354,356 21,276,399 4,077,957  
9 Other employee benefits ....... 39,445,383 34,091,356 5,354,027  
10 Payroll taxes ........... 19,562,683 16,686,587 2,876,096  
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 6,700,243 1,086,803 5,613,440  
c Accounting ........... 1,196,585   1,196,585  
d Lobbying ........... 128,333   128,333  
e Professional fundraising services. See Part IV, line 17    
f Investment management fees ...... 59,924,856   59,924,856  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 94,036,673 79,423,378 14,613,295 0
12 Advertising and promotion ....        
13 Office expenses ....... 4,175,010 2,534,398 1,640,612  
14 Information technology ...... 11,239,413 5,768,953 5,470,460  
15 Royalties .. 1,012 1,012    
16 Occupancy ........... 80,664,835 69,242,055 11,422,780  
17 Travel ............ 10,552,367 9,425,532 1,126,835  
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 5,416,079 4,633,348 782,731  
20 Interest ........... 25,999,777 14,045,403 11,954,374  
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization .. 113,009,831 103,023,369 9,986,462  
23 Insurance ... 409,797 71,573 338,224  
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 LAB & OTHER SCIENTIFIC SUPPLIES 125,589,278 124,366,776 1,222,502  
b MINOR EQUIPMENT & RENOVATIONS 13,382,721 10,926,195 2,456,526  
c EQUIPMENT MAINTENANCE 22,625,524 17,227,811 5,397,713  
d INCOME TAX 46,197   46,197  
e All other expenses 32,536,505 19,925,813 12,610,692 0
25 Total functional expenses. Add lines 1 through 24e 1,147,090,579 927,445,821 219,644,758 0
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 (2021)
Form 990 (2021)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year
(B)
End of year
Assets 1 Cash–non-interest-bearing ........   1  
2 Savings and temporary cash investments ......... 605,170,460 2 319,799,239
3 Pledges and grants receivable, net ......   3  
4 Accounts receivable, net .............   4  
5 Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
0 5 0
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
0 6 0
7 Notes and loans receivable, net ...........   7  
8 Inventories for sale or use ............   8  
9 Prepaid expenses and deferred charges ...... 21,448,119 9 19,032,198
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 2,163,971,568
b Less: accumulated depreciation 10b 1,345,033,484 840,669,960 10c 818,938,084
11 Investments—publicly traded securities . 4,804,986,772 11 4,752,736,410
12 Investments—other securities. See Part IV, line 11 ..... 18,893,785,554 12 19,401,330,482
13 Investments—program-related. See Part IV, line 11 .. 0 13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ........... 711,331,789 15 580,663,125
16 Total assets. Add lines 1 through 15 (must equal line 33)... 25,877,392,654 16 25,892,499,538
Liabilities 17 Accounts payable and accrued expenses ..... 257,691,395 17 229,599,436
18 Grants payable ... 36,751,271 18 95,975,722
19 Deferred revenue .........   19  
20 Tax-exempt bond liabilities ......... 772,890,167 20 930,742,223
21 Escrow or custodial account liability. Complete Part IV of Schedule D   21  
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
0 22 0
23 Secured mortgages and notes payable to unrelated third parties ..   23  
24 Unsecured notes and loans payable to unrelated third parties .. 40,376,000 24 0
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D 730,014,837 25 459,091,948
26 Total liabilities. Add lines 17 through 25.. 1,837,723,670 26 1,715,409,329
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here MediumBullet and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 24,039,668,984 27 24,177,090,209
28 Net assets with donor restrictions ...........   28  
Organizations that do not follow FASB ASC 958, check here MediumBullet and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds .....   29  
30 Paid-in or capital surplus, or land, building or equipment fund ...   30  
31 Retained earnings, endowment, accumulated income, or other funds   31  
32 Total net assets or fund balances ........... 24,039,668,984 32 24,177,090,209
33 Total liabilities and net assets/fund balances ........ 25,877,392,654 33 25,892,499,538
Form 990 (2021)
Form 990 (2021)
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
749,022,788
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
1,147,090,579
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
-398,067,791
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
24,039,668,984
5
Net unrealized gains (losses) on investments ...............
5
517,993,869
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
17,495,147
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
24,177,090,209
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 on
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
 
No
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
 
 
Form 990 (2021)
Form 990 (2021)
Additional Data


Software ID: 22016089
Software Version: 2022v5.0
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990)

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 Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public
Inspection
Name of the organization
Howard Hughes Medical Institute
 
Employer identification number

59-0735717
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 12, check only one box.)
1
2
3
4
5
6
7
8
9
10
11
12
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- 10 above (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 990-EZ.
Cat. No. 11285F
Schedule A (Form 990) 2022

Schedule A (Form 990) 2022
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 failed 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) 2018 (b) 2019 (c) 2020 (d) 2021 (e) 2022 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..            
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3            
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) ..  
6 Public support. Subtract line 5 from line 4.  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2018 (b) 2019 (c) 2020 (d) 2021 (e) 2022 (f) Total
7 Amounts from line 4..            
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...            
9 Net income from unrelated business activities, whether or not the business is regularly carried on..            
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..            
11 Total support. Add lines 7 through 10  
12
12
 
13
First 5 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
 
15
15
 
16a
33 1/3% support test—2022. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization .......................right arrow
b
33 1/3% support test—2021. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow
17a
10%-facts-and-circumstances test—2022. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow
b
10%-facts-and-circumstances test—2021. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow
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) 2022

Schedule A (Form 990) 2022
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 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) 2018 (b) 2019 (c) 2020 (d) 2021 (e) 2022 (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) 2018 (b) 2019 (c) 2020 (d) 2021 (e) 2022 (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 on 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
First 5 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
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
33 1/3% support tests-2022. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow
b
33 1/3% support tests—2021. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow
20
Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow
Schedule A (Form 990) 2022

Schedule A (Form 990) 2022
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, 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 lines 3b and 3c 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 box 12a or 12b in Part I, answer lines 4b and 4c 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 lines 5b and 5c 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 (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) 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 section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% 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 on line 7? If “Yes,” complete Part I 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 on line 9a) 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 on line 9a) 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 section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b 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
 
 
Schedule A (Form 990) 2022

Schedule A (Form 990) 2022
Page 5
Part IV
Supporting Organizations (continued)
Yes
No
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 on lines 11b and 11c below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described on 11a above?
11b
 
 
c
A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.
11c
 
 
Section B. Type I Supporting Organizations
Yes
No
1
Did the officers, 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, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) 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 line 2 above, 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 lines 2a and 2b 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 on line 2a, above 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 lines 3a and 3b 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?If "Yes" or "No", 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) 2022

Schedule A (Form 990) 2022
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
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 0.015 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 0.035 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
Schedule A (Form 990) 2022

Schedule A (Form 990) 2022
Page 7
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes 1  
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in
excess of income from activity
2  
3 Administrative expenses paid to accomplish exempt purposes of supported organizations 3  
4 Amounts paid to acquire exempt-use assets 4  
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) 5  
6 Other distributions (describe in Part VI). See instructions 6  
7Total annual distributions. Add lines 1 through 6. 7  
8 Distributions to attentive supported organizations to which the organization is responsive (provide
details in Part VI
). See instructions
8  
9 Distributable amount for 2022 from Section C, line 6 9  
10 Line 8 amount divided by Line 9 amount 10  
Section E - Distribution Allocations (see instructions) (i)
Excess Distributions
(ii)
Underdistributions
Pre-2022
(iii)
Distributable
Amount for 2022
1 Distributable amount for 2022 from Section C, line 6  
2 Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI).
See instructions.
 
3 Excess distributions carryover, if any, to 2022:
a From 2017.......  
b From 2018.......  
c From 2019.......  
d From 2020.......  
e From 2021.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2022 distributable amount  
i Carryover from 2017 not applied (see
instructions)
 
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.  
4Distributions for 2022 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2022 distributable amount  
c Remainder. Subtract lines 4a and 4b from line 4.  
5 Remaining underdistributions for years prior to
2022, if any. Subtract lines 3g and 4a from line 2.
If the amount is greater than zero, explain in Part VI.
See instructions.
 
6 Remaining underdistributions for 2022. Subtract
lines 3h and 4b from line 1. If the amount is greater
than zero, explain in Part VI. See instructions.
 
7 Excess distributions carryover to 2023. Add lines
3j and 4c.
 
8 Breakdown of line 7:
a Excess from 2018.....  
b Excess from 2019.....  
c Excess from 2020.....  
d Excess from 2021.....  
e Excess from 2022.....  
Schedule A (Form 990) (2022)

Schedule A (Form 990) 2022
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, Part I, Line 4 List of Hospital Affiliations List of Hospital Affiliations for E-Filing: Hospital, City, State, Zip Code - Baylor affil hosps, Houston, TX 77030/ Beth Israel Deaconess Med Ctr, Boston, MA 02215/ Boston Children's Hosp, Boston, MA 02115/ Brandeis affil hosps, Waltham, MA 02254/ Brigham & Women's Hospital, Boston, MA 02115/ CalTech affil hosps, Pasadena, CA 91125/ Carnegie affil hosp, Baltimore, MD 21218/ CSHL affil hosps, Cold Spring Harbor, NY 11724/ Columbia affil hosps, New York, NY 10027/ Cornell affil hosp, New York, NY 14853/ Dana-Farber Cancer Inst, Boston, MA 02115/ Duke affil hosps, Durham, NC 27706/ Fred Hutchinson affil hosp, Seattle, WA 98109/ Harvard affil hosps, Cambridge, MA 02138/ Icahn School of Med affil hosp, New York, NY 10029/ Indiana Univ affil hosp, Bloomington, IN 47405/ Johns Hopkins Hosp, Baltimore, MD 21205/ JHU affil hosps, Baltimore, MD 21218/ Mass Gen Hosp, Boston, MA 02129/ MIT affil hosps, Boston, MA 02139/ MSKCC affil hosps, New York, NY 10021/ NYU affil hosps, New York, NY 10016/ Northwestern Univ affil hosps, Evanston, IL 60208/ OHSU Hosp, Portland, OR 97239/ PSU affil hosps, State College, PA 16802/ Princeton affil hosps, Princeton, NJ 08544/ Rockefeller Hosp, New York, NY 10021/ St. Jude Children's Research Hosp, Memphis, TN 38105/ Salk Institute affil hosps, La Jolla, CA 92093/ Scripps Institute affil hosps, La Jolla, CA 92037/ Stanford affil hosps, Palo Alto, CA 94305/ UC Davis affil hosp, Davis, CA 95616/ UCLA Med Ctr affil hosps, Los Angeles, CA 90095/ UC San Diego affil hosps, San Diego, CA 92093/ UCSF affil hosps, San Francisco, CA 94143/ UC Berkeley affil hosps, Berkeley, CA 94720/ UC Santa Cruz affil hosps, Santa Cruz, CA 95064/ Univ of Chicago affil hosp, Chicago, IL 60637/ Univ of Colorado affil hosp, Boulder, CO 80309/ Univ of Colorado affil hosp, Denver, CO 80204/ Univ of Illinois affil hosp, Urbana, IL 61801/ Univ of Iowa affil hosps, Iowa City, IA 52242/ UMD Baltimore County affil hosp, Baltimore, MD 21201/ UMD College Park affil hosp, College Park, MD 20742/ UMass affil hosps, Worcester, MA 01605/ Univ of Miami affil hosps, Miami, FL 33136/ Univ of Michigan Hosps, Ann Arbor, MI 48109/ Univ of Minnesota affil hosps, Minneapolis, MN 55414/ UNC affil hosps, Chapel Hill, NC 27599/ Univ of Oregon affil hosp, Eugene, OR 97403/ UPenn affil hosps, Philadelphia, PA 19104/ UT Austin affil hosps, Austin, TX 78712/ UT Health Sci Ctr San Antonio, San Antonio, TX 78229/ UTSW Med Ctr affil hosp, Dallas, TX 75390/ Univ of Utah affil hosps, Salt Lake City, UT 84112/ UVA Med Ctr, Charlottesville, VA 22903/ Univ of Wash Affil Hosps, Seattle, WA 98195/ Univ of Wisconsin affil hosps, Madison, WI 53706/ Whitehead affil hosps, Cambridge, MA 02138/ Yale affil hosp, New Haven, CT 06520
Schedule A, Part I, Line 4 MRO Qualification The Institute is a Medical Research Organization for its taxable year ending August 31, 2023, as its cash basis expenditures of $3,244,616,785 for the four year period ending August 31, 2022 exceeded the four year MRO requirement of $3,199,525,678 (3.5% of the Institute's endowment).
Schedule A (Form 990) 2022


Additional Data


Software ID: 22016089
Software Version: 2022v5.0
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2022
Name of the organization
Howard Hughes Medical Institute
 
Employer identification number

59-0735717
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 isn't covered by the General Rule and/or the Special Rules doesn't 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 doesn't 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) (2022)
Schedule B (Form 990) (2022) Page 2
Name of organization
Howard Hughes Medical Institute
 
Employer identification number
59-0735717
Part I
Contributors
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) (2022)
Schedule B (Form 990) (2022)
Page 3
Name of organization
Howard Hughes Medical Institute
 
Employer identification number

59-0735717
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) (2022)
Schedule B (Form 990) (2022)
Page 4
Name of organization
Howard Hughes Medical Institute
 
Employer identification number

59-0735717
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) (2022)
Additional Data


Software ID: 22016089
Software Version: 2022v5.0
SCHEDULE C
(Form 990)

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 BulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
If the organization answered "Yes" on 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" on 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" on 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
Howard Hughes Medical Institute
 
Employer identification number

59-0735717
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. See instructions for definition of “political campaign activities."

2
Political campaign activity expenditures. See instructions ....................................................................SchCMd Bullet
$  
3
Volunteer hours for political campaign activities. See instructions ..................................................................
 

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-.
1
2
3
4
5
6
For Paperwork Reduction Act Notice, see the instructions for Form 990.
Cat. No. 50084S
Schedule C (Form 990) 2021

Schedule C (Form 990) 2021
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) 2018 (b) 2019 (c) 2020 (d) 2021 (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) 2021


Schedule C (Form 990) 2021
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 on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.
(a)
Yes|No
(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
 
500,000
g
Direct contact with legislators, their staffs, government officials, or a legislative body? .......................
Yes
 
128,333
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................
 
No
 
i
Other activities? ...................................................................................................................
Yes
 
9,250
j
Total. Add lines 1c through 1i ....................................................................................................
637,583
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 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY SCHEDULE C, PART II-B, LINE 1f (GRANTS TO OTHER ORGS.) GRANT PAID TO AN ORGANIZATION IN SUPPORT OF STRENGTHENING U.S. FEDERAL SCIENCE AND TECHNOLOGY INVESTMENTS. SCHEDULE C, PART II-B, LINE 1g (DIRECT CONTACT) AMOUNTS PAID TO LOBBYING FIRM FOR DIRECT CONTACT WITH FEDERAL AND STATE LEGISLATORS AND THEIR STAFFS ON PENDING LEGISLATIVE MATTERS. SCHEDULE C, PART II-B, LINE 1i (OTHER ACTIVITIES) DURING THE FISCAL YEAR, HHMI WAS A MEMBER OF A NUMBER OF NON-PROFIT ORGANIZATIONS THAT ENGAGED IN LOBBYING ACTIVITIES ON BEHALF OF THEIR MEMBERSHIPS. HHMI IS REPORTING AS LOBBYING EXPENDITURES A PORTION OF THE MEMBERSHIP DUES THAT HHMI PAID TO THESE ORGANIZATIONS.
Schedule C (Form 990) 2021


Additional Data


Software ID: 22016089
Software Version: 2022v5.0

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet Attach to Form 990.
SchDMd Bullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
Howard Hughes Medical Institute
 
Employer identification number

59-0735717
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on 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" on 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 7/25/06, 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, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, 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" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under FASB 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 FASB 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 on 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 FASB ASC 958 relating to these items:
a
Revenue included on 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) 2021

Schedule D (Form 990) 2021
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" on 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" on Form 990, Part IV, line 10.
(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
1a Beginning of year balance ....          
b Contributions ...          
c Net investment earnings, gains, and losses          
d Grants or scholarships ...          
e Other expenditures for facilities
and programs ...
         
f Administrative expenses ....          
g End of year balance ......          
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 Bullet  
c
Term endowment SchDMd Bullet  
The percentages on 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)
 
 
(ii) Related organizations .................
3a(ii)
 
 
b
If "Yes" on 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" on 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 ..... 807,737 96,884,682 97,692,419
b Buildings .... 10,248,413 866,991,970 463,124,454 414,115,929
c Leasehold improvements 0 344,249,503 335,758,060 8,491,443
d Equipment .... 0 786,414,226 546,150,970 240,263,256
e Other ..... 921,448 57,453,589 0 58,375,037
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..SchDMdBullet 818,938,084
Schedule D (Form 990) 2021

Schedule D (Form 990) 2021
Page 3
Part VII
Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)
(b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1) Financial derivatives.........    
(2) Closely-held equity interests........    
(3) Other
(A) PRIVATE EQUITY
7,010,668,092  

(B) REAL ASSETS
1,955,675,733  

(C) PUBLIC EQUITY
6,057,073,207  

(D) INDEPENDENT RETURN
4,377,913,450  
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 19,401,330,482
Part VIII
Investments - Program Related. Complete if the organization answered 'Yes' on 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
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
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' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
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' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 459,091,948
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) 2021

Schedule D (Form 990) 2021
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1  
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  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1.................. 3  
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  
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5  
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a  
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d.................... 2e  
3 Subtract line 2e from line 1................... 3  
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  
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5  
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
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote In accordance with the guidance on accounting for uncertainty in income taxes, management regularly evaluates its tax positions and does not believe the Institute has any uncertain tax positions that result in a material impact on the Institute's consolidated financial position or change in total net assets. The Institute is subject to routine audits by taxing jurisdictions. The Institute believes it is no longer subject to income tax examinations for fiscal years prior to the year ended August 31, 2019.
Schedule D (Form 990) 2021


Additional Data


Software ID: 22016089
Software Version: 2022v5.0




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 Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
Name of the organization
Howard Hughes Medical Institute
 
Employer identification number

59-0735717
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" on 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 the region (d) Activities conducted in region (by type) (such as, 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 the region
(f) Total expenditures
for and investments
in the region
Central America and the Caribbean     Investments   6,995,490,599
East Asia and the Pacific     Investments   143,331,334
Europe (Including Iceland and Greenland)     Investments   2,019,795,448
South America     Investments   20,212,260
South Asia     Investments   29,443,095
Sub-Saharan Africa     Investments   15,564,766
North America (Canada & Mexico only)     Investments   343,963,957
Middle East and North Africa     Investments   1,911,582
Russia and Neighboring States     Investments   66,947
Central America and the Caribbean     Investment Management Fees   7,342,683
Europe (Including Iceland and Greenland)     Investment Management Fees   18,375,353
North America (Canada & Mexico only)     Investment Management Fees   2,627,899
East Asia and the Pacific     Grantmaking   259,071
Europe (Including Iceland and Greenland)     Grantmaking   308,440
Sub-Saharan Africa     Grantmaking   800,000
Europe (Including Iceland and Greenland)     Program Services Science Ed/Grantmaking 1,450
Europe (Including Iceland and Greenland)     Program Services Science Ed / e-Life 2,000,000
Europe (Including Iceland and Greenland)     Program Services Science Ed / Educational Media 43,999
North America (Canada & Mexico only)   25 Program Services Science Ed / Educational Media 41,622
East Asia and the Pacific   3 Program Services Science Ed / Tangled Bank 389,835
Europe (Including Iceland and Greenland)   22 Program Services Science Ed / Tangled Bank 3,301,976
South America   1 Program Services Science Ed / Tangled Bank 14,000
Sub-Saharan Africa   3 Program Services Science Ed / Tangled Bank 375,067
North America (Canada & Mexico only)   5 Program Services Science Ed / Tangled Bank 241,106
Central America and the Caribbean     Program Services Medical Research 1,726
East Asia and the Pacific     Program Services Medical Research 5,127
Europe (Including Iceland and Greenland)     Program Services Medical Research 49,024
Middle East and North Africa     Program Services Medical Research 6,933
South America     Program Services Medical Research 6,534
South Asia     Program Services Medical Research 7,003
North America (Canada & Mexico only)     Program Services Medical Research 2,058
Europe (Including Iceland and Greenland)     Program Services Science Ed/The Center 6,505
South America     Program Services Science Ed/The Center 1,445
Europe (Including Iceland and Greenland)     Management & General   34,578
East Asia and the Pacific     Management & General   6,191
South America     Management & General   1,006
South Asia     Management & General   2,719
North America (Canada & Mexico only)     Management & General   284
3a Sub-total .... 0 0 9,599,494,884
b Total from continuation sheets to Part I ... 0 59 6,538,738
c Totals (add lines 3a and 3b) 0 59 9,606,033,622
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2022
Schedule F (Form 990) 2022
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)
(c) Region (d) Purpose of
grant
(e) Amount of
cash grant
(f) Manner of
cash
disbursement
(g) Amount
of noncash
assistance
(h) Description
of noncash
assistance
(i) Method of
valuation
(book, FMV,
appraisal, other)
Europe (Including Iceland and Greenland) OPEN ACCESS 200,000 WIRE      
Sub-Saharan Africa BIOEDUCATION 800,000 WIRE      
Europe (Including Iceland and Greenland) OPEN ACCESS 108,440 WIRE      
East Asia and the Pacific MEDICAL RESEARCH 259,071 WIRE      
             
             
             
             
             
             
             
             
             
             
             
             
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
4
3 Enter total number of other organizations or entities .......................MediumBullet
0
Schedule F (Form 990) 2022
Schedule F (Form 990) 2022Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on 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
noncash
assistance
(g) Description
of noncash
assistance
(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2022
Schedule F (Form 990) 2022
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 separately 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; don't 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 separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule F (Form 990) 2022
Schedule F (Form 990) 2022
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, Part I, Line 2 Procedures for monitoring use of grant funds A SMALL NUMBER OF GRANTS ARE AWARDED BASED ON DIRECT APPLICATION TO HHMI FOR SPECIFIC INITIATIVES DIRECTLY RELATED TO SCIENCE EDUCATION. IN ORDER TO MONITOR THE ACTIVITIES AND PRODUCTIVITY OF THE GRANTS, EACH GRANTEE IS REQUIRED TO SUBMIT ANNUAL FINANCIAL AND PROGRESS REPORTS. THESE REPORTS ARE REVIEWED BY HHMI STAFF. SITE VISITS AND AUDITS ARE CONDUCTED IF WARRANTED.
Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual
Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; SUB-SAHARAN AFRICA-Accrual
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2022
Additional Data


Software ID: 22016089
Software Version: 2022v5.0




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Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2022
Open to Public
Inspection
Name of the organization
Howard Hughes Medical Institute
 
Employer identification number
59-0735717
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government
(b) EIN (c) IRC section
(if applicable)
(d) Amount of cash grant (e) Amount of non-cash
assistance
(f) Method of valuation
(book, FMV, appraisal,
other)
(g) Description of
noncash assistance
(h) Purpose of grant
or assistance
(1) Cold Spring Harbor Lab
Cold Sp Har Lab
Cold Sp Harbor,NY11724
11-2013303 501(c)(3) 1,500,000       ADVANCED COURSES
(2) Marine Biological Lab
Marine Biological Lab
Woods Hole,MA02543
04-2014690 Massachusetts 1,950,000       ADVANCED COURSES
(3) The Jackson Lab
The Jackson Lab
Bar Harbor,ME04609
01-0211513 501(c)(3) 900,000       ADVANCED COURSES
(4) Loyola Marymount Univ
Loyola Marymount
Los Angeles,CA90045
95-1643334 501(c)(3) 2,500,000       DRIVING CHANGE LEARN. COMM.
(5) Ohio State University
Ohio State Univ
Columbus,OH432101016
31-6025986 Ohio 2,500,000       DRIVING CHANGE LEARN. COMM.
(6) State Univ of New York- Albany
State Univ of NY Albany
Albany,NY12201
14-1368361 New York 2,500,000       DRIVING CHANGE LEARN. COMM.
(7) Univ of Montana
Univ of Montana
Missoula,MT59812
81-6001713 Montana 2,500,000       DRIVING CHANGE LEARN. COMM.
(8) Univ of MD Eastern Shore
Univ of MD E Shore
Princess Anne,MD21853
52-6002033 Maryland 2,500,000       DRIVING CHANGE LEARN. COMM.
(9) Univ of Virginia
Univ of Virginia
Charlottesville,VA22903
54-6001796 Virginia 2,500,000       DRIVING CHANGE LEARN. COMM.
(10) Broad Institute
Broad Institute
Cambridge,MA02142
26-3428781 501(c)(3) 1,280,000       H. GRAY SCHOLARS - FACULTY
(11) Stanford Univ
Stanford Univ
PO Box,CA941444253
94-1156365 501(c)(3) 1,280,000       H. GRAY SCHOLARS - FACULTY
(12) Stanford Univ
Stanford Univ
San Francisco,CA941444253
94-1156365 501(c)(3) 1,280,000       H. GRAY SCHOLARS - FACULTY
(13) The University Of Texas At Austin
The University Of Texas At Austin
Austin,TX78713
74-6000203 Texas 1,280,000       H. GRAY SCHOLARS - FACULTY
(14) University Of California San Francisco
Univ Of California San Francisco
San Francisco,CA94143
94-6036493 California 1,280,000       H. GRAY SCHOLARS - FACULTY
(15) University Of California San Francisco
Univ Of California San Francisco
San Francisco,CA94143
94-6036493 California 1,280,000       H. GRAY SCHOLARS - FACULTY
(16) University of California-San Francisco
Univ of California-San Francisco
San Francisco,CA941431379
94-6036493 California 1,280,000       H. GRAY SCHOLARS - FACULTY
(17) Yale University
Yale University
New Haven,CT06520
06-0646973 501(c)(3) 1,280,000       H. GRAY SCHOLARS - FACULTY
(18) Arizona State University
Arizona State University
Tempe,AZ852876011
86-0196696 Arizona 405,183       H. GRAY SCHOLARS - GRANT
(19) Broad Institute of MIT and Harvard
Broad Institute of MIT and Harvard
Cambridge,MA02142
26-3428781 501(c)(3) 18,860       H. GRAY SCHOLARS - GRANT
(20) Case Western Reserve Univ
Case Western Reserve Univ
Cleveland,OH44106
34-1018992 501(c)(3) 16,158       H. GRAY SCHOLARS - GRANT
(21) Cleveland Clinic Foundation
Cleveland Clinic Foundation
Cleveland,OH44195
34-0714585 501(c)(3) 18,860       H. GRAY SCHOLARS - GRANT
(22) Dartmouth College
Dartmouth College
Hanover,NH03755
02-0222111 501(c)(3) 405,183       H. GRAY SCHOLARS - GRANT
(23) Duke University
Duke University
Durham,NC27705
56-0532129 501(c)(3) 405,457       H. GRAY SCHOLARS - GRANT
(24) Emory University
Emory University
Atlanta,GA30322
58-0566256 501(c)(3) 405,457       H. GRAY SCHOLARS - GRANT
(25) Fred Hutchinson Cancer Center
Fred Hutchinson Cancer Center
Seattle,WA981091024
23-7156071 501(c)(3) 405,457       H. GRAY SCHOLARS - GRANT
(26) Harvard University
Harvard University
Cambridge,MA02138
04-2103580 501(c)(3) 372,854       H. GRAY SCHOLARS - GRANT
(27) Johns Hopkins University
Johns Hopkins University
Baltimore,MD21211
52-0595110 501(c)(3) 810,366       H. GRAY SCHOLARS - GRANT
(28) Massachusetts General Hospital
Massachusetts General Hospital
Boston,MA021142696
04-2697983 501(c)(3) 19,442       H. GRAY SCHOLARS - GRANT
(29) Presidents and Fellows of Harvard College
Pres and Fell of Harvard College
Cambridge,MA02138
04-2103580 501(c)(3) 99,385       H. GRAY SCHOLARS - GRANT
(30) Princeton University
Princeton University
Princeton,NJ08540
21-0634501 501(c)(3) 19,442       H. GRAY SCHOLARS - GRANT
(31) Regents Of The University Of Colorado
Regents Of The Univ Of Colorado
Aurora,CO800452571
84-6000555 Colorado 5,231       H. GRAY SCHOLARS - GRANT
(32) Regents Of The University Of Michigan
Regents Of The Univ Of Michigan
Ann Arbor,MI481091274
38-6006309 Michigan 19,442       H. GRAY SCHOLARS - GRANT
(33) Regents University of California Los Angeles
Regents Univ of California LA
Los Angeles,CA900246505
95-6006143 California 405,183       H. GRAY SCHOLARS - GRANT
(34) Scripps Research Institute
Scripps Research Institute
La Jolla,CA92037
33-0435954 501(c)(3) 15,780       H. GRAY SCHOLARS - GRANT
(35) Stanford University
Stanford University
San Francisco,CA941444253
94-1156365 501(c)(3) 898,256       H. GRAY SCHOLARS - GRANT
(36) Stowers Institute for Medical Research
Stowers Inst for Medical Research
Kansas City,MO64110
20-2993509 501(c)(3) 405,457       H. GRAY SCHOLARS - GRANT
(37) The Rockefeller University
The Rockefeller University
New York,NY10065
13-1624158 501(c)(3) 816,447       H. GRAY SCHOLARS - GRANT
(38) The Trustees Of Columbia University
The Trustees Of Columbia University
New York,NY10032
13-5598093 501(c)(3) 20,378       H. GRAY SCHOLARS - GRANT
(39) University Of California - Berkeley
University Of California - Berkeley
Berkeley,CA94720
94-6002123 California 408,004       H. GRAY SCHOLARS - GRANT
(40) University Of California San Francisco
Univ Of California San Francisco
San Francisco,CA94143
94-6036493 California 422,209       H. GRAY SCHOLARS - GRANT
(41) University of Massachusetts Amherst
University of Massachusetts Amherst
Amherst,MA01035
04-3167352 Massachusetts 19,442       H. GRAY SCHOLARS - GRANT
(42) University of Texas Southwestern Medical Center
Univ of Texas Southwestern Med Ctr
Dallas,TX753909020
75-6002868 Texas 813,187       H. GRAY SCHOLARS - GRANT
(43) University Of Washington
University Of Washington
Seattle,WA981959472
91-6001537 Washington 1,185,266       H. GRAY SCHOLARS - GRANT
(44) Vanderbilt University School Of Medicine
Vanderbilt Univ School Of Medicine
Nashville,TN37232
62-0476822 501(c)(3) 18,860       H. GRAY SCHOLARS - GRANT
(45) Washington University
Washington University
St Louis,MO631121408
43-0653611 501(c)(3) 16,158       H. GRAY SCHOLARS - GRANT
(46) Whitehead Institute for Biomedical Research
Whitehead Inst Biomedical Research
Cambridge,MA021421479
06-1043412 501(c)(3) 408,004       H. GRAY SCHOLARS - GRANT
(47) Yale University
Yale University
New Haven,CT06520
06-0646973 501(c)(3) 408,004       H. GRAY SCHOLARS - GRANT
(48) California Institute Of Technology
California Institute Of Technology
Pasadena,CA91125
95-1643307 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(49) Columbia University The Trustees Of Columbia University in the City of New
York
Columbia Univiversity
New York,NY10027
13-5598093 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(50) Johns Hopkins University
Johns Hopkins University
BALTIMORE,MD21218
52-0595110 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(51) New York University School Of Medicine
New York Univ School Of Medicine
New York,NY10016
13-5562308 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(52) President & Fellows Of Harvard Coll
President Fellows Of Harvard Coll
Cambridge,MA02138
04-2103580 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(53) President & Fellows Of Harvard Coll
President Fellows Of Harvard Coll
Cambridge,MA02138
04-2103580 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(54) President & Fellows of Harvard College
Pres Fellows of Harvard College
Cambridge,MA02138
04-2103580 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(55) Salk Institute for Biological Studies
Salk Inst for Biological Studies
LA Jolla,CA92037
95-2160097 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(56) Stanford University
Stanford University
Redwood City,CA94063
94-1156365 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(57) Stanford University
Stanford University
Redwood City,CA94063
94-1156365 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(58) Stanford University
Stanford University
Redwood City,CA94063
94-1156365 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(59) Stanford University
Stanford University
Redwood City,CA94063
94-1156365 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(60) The Regents of the University of California Berkeley
Regents of the Univ of CA Berkeley
Berkeley,CA94704
94-6002123 California 10,000       HANNA GRAY SCHOLARS
(61) The Trustees of Columbia University in the City of New York
Columbia University
New York,NY10027
13-5598093 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(62) The Trustees of Princeton University
The Trustees of Princeton Univ
Princeton,NJ08540
21-0634501 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(63) The Vanderbilt University - Gifts
The Vanderbilt University - Gifts
Nashville,TN372406310
62-0476822 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(64) University of California San Francisco Foundation
Univ of California SF Foundation
San Francisco,CA94133
94-2829914 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(65) University of Washington Foundation
University of Washington Foundation
Seattle,WA98195
94-3079432 501(c)(3) 10,000       HANNA GRAY SCHOLARS
(66) Allegheny College
Allegheny College
Meadville,PA16335
25-0965212 501(c)(3) 529,500       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(67) Auburn University at Montgomery
Auburn University at Montgomery
Montgomery,AL36124
63-6000724 Alabama 529,500       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(68) Boise State University
Boise State University
Boise,ID836421247
82-0290701 Idaho 984,188       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(69) Bryn Mawr College
Bryn Mawr College
Bryn Mawr,PA19010
23-1352621 501(c)(3) 783,065       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(70) California Polytechnic State University-San Luis Obispo
CA Polytechnic Univ San Luis Obispo
San Luis Obispo,CA93407
95-1648180 501(c)(3) 475,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(71) California State University-East Bay
California State Univ East Bay
Hayward,CA94542
94-6390556 California 529,500       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(72) California State University-Stanislaus
California State Univ Stanislaus
Turlock,CA95382
77-0207337 California 531,600       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(73) Centre College
Centre College
Danville,KY404221394
61-0444671 501(c)(3) 965,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(74) Clemson University
Clemson University
Clemson,SC296345355
57-6000254 South Carolina 470,666       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(75) Cleveland State University
Cleveland State University
Cleveland,OH441152214
34-0966056 Ohio 475,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(76) Coker University
Coker University
Hartsville,SC29550
57-0324916 501(c)(3) 625,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(77) College of Saint Benedict
College of Saint Benedict
Saint Joseph,MN563742099
41-0969244 501(c)(3) 505,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(78) College of the Holy Cross
College of the Holy Cross
Worcester,MA016102395
04-2103558 501(c)(3) 649,500       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(79) CUNY Queens College
CUNY Queens College
New York,NY10036
13-1988190 501(c)(3) 505,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(80) Dalton State College
Dalton State College
Dalton,GA30720
58-0975068 Georgia 531,600       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(81) Drexel University
Drexel University
Philadelphia,PA19104
23-1352630 501(c)(3) 1,155,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(82) Elon University
Elon University
Elon,NC27244
56-0532303 501(c)(3) 377,800       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(83) Emmanuel College (Massachusetts)
Emmanuel College Massachusetts
Boston,MA02115
04-2105769 501(c)(3) 529,500       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(84) Fairfield University
Fairfield University
Fairfield,CT068245195
06-0646623 501(c)(3) 377,800       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(85) Fisk University
Fisk University
Nashville,TN37208
62-0202000 501(c)(3) 377,800       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(86) Florida International University
Florida International University
Miami,FL33199
65-0177616 Florida 823,668       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(87) Florida State University
Florida State University
Tallahassee,FL32310
59-3211153 Florida 823,668       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(88) Fordham University
Fordham University
Bronx,NY10458
13-1740451 501(c)(3) 531,600       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(89) Fort Lewis College
Fort Lewis College
Durango,CO81301
84-6000556 Colorado 377,800       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(90) Franklin & Marshall College
Franklin Marshall College
Lancaster,PA17604
23-1352635 501(c)(3) 591,600       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(91) Furman University
Furman University
Greenville,SC29613
57-0314395 501(c)(3) 931,600       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(92) Gannon University
Gannon University
Erie,PA16541
25-0496976 501(c)(3) 531,600       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(93) Georgia Gwinnett College
Georgia Gwinnett College
Lawrenceville,GA30043
27-0124698 Georgia 493,065       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(94) Georgia Institute of Technology-Main Campus
Georgia Inst of Tech-Main Campus
Atlanta,GA30062
58-0603146 501(c)(3) 505,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(95) Georgia Southern University
Georgia Southern University
Statesboro,GA30460
58-2354256 501(c)(3) 493,065       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(96) Georgia State University
Georgia State University
Atlanta,GA30302
58-6002050 Georgia 475,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(97) Gettysburg College
Gettysburg College
Gettysburg,PA173251400
23-1352641 501(c)(3) 493,065       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(98) Gustavus Adolphus College
Gustavus Adolphus College
Saint Peter,MN56082
41-0695524 501(c)(3) 704,025       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(99) Hamilton College (New York)
Hamilton College New York
Clinton,NY13323
15-0532200 501(c)(3) 377,800       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(100) Hartwick College
Hartwick College
Oneonta,NY13820
15-0533561 501(c)(3) 529,500       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(101) Haverford College
Haverford College
HAVERFORD,PA19041
23-6002304 501(c)(3) 531,600       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(102) Howard University
Howard University
Washington,DC20059
53-0204707 501(c)(3) 470,666       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(103) Illinois State University
Illinois State University
Normal,IL61761
37-6014070 Illinois 782,600       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(104) King University
King University
Bristol,TN37620
58-1363100 501(c)(3) 470,666       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(105) Lane College
Lane College
Jackson,TN38301
62-0570060 501(c)(3) 475,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(106) Marian University (Indiana)
Marian University Indiana
Indianapolis,IN46222
35-0868175 501(c)(3) 475,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(107) Michigan State University
Michigan State University
East Lansing,MI48879
38-6005984 501(c)(3) 470,666       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(108) Middlebury College
Middlebury College
Middlebury,VT05753
03-0179298 501(c)(3) 531,600       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(109) Monmouth College
Monmouth College
Monmouth,IL61462
37-0661228 501(c)(3) 470,666       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(110) Montana State University
Montana State University
Bozeman,MT597172470
81-6010045 Montana 470,666       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(111) Mount Holyoke College
Mount Holyoke College
South Hadley,MA01075
04-2103578 501(c)(3) 529,500       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(112) National University
National University
La Jolla,CA92037
23-7172306 501(c)(3) 1,135,812       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(113) Nebraska Wesleyan University
Nebraska Wesleyan University
Lincoln,NE68504
47-0376524 501(c)(3) 529,500       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(114) North Carolina A & T State University
North Carolina A T State Univ
GREENSBORO,NC27411
56-6000007 North Carolina 493,065       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(115) Northwestern University
Northwestern University
Evanston,IL60208
36-2167817 501(c)(3) 505,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(116) Occidental College
Occidental College
Los Angeles,CA90041
95-1667177 501(c)(3) 505,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(117) Oglethorpe University
Oglethorpe University
Atlanta,GA303192737
58-0568698 501(c)(3) 377,800       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(118) Otterbein University
Otterbein University
Westerville,OH43081
31-4379532 501(c)(3) 377,800       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(119) Pomona College
Pomona College
Claremont,CA91711
95-1664112 501(c)(3) 803,065       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(120) Portland State University
Portland State University
Portland,OR97207
36-4776757 Oregon 377,800       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(121) Providence College
Providence College
Providence,RI02918
05-0258932 501(c)(3) 493,065       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(122) Rollins College
Rollins College
Winter Park,FL32789
59-0624440 501(c)(3) 529,500       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(123) Rowan University
Rowan University
Glassboro,NJ08028
22-2764819 New Jersey 470,666       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(124) Simmons University
Simmons University
Boston,MA021155820
04-2103629 501(c)(3) 377,800       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(125) Skidmore College
Skidmore College
Saratoga Springs,NY12866
14-1338562 501(c)(3) 505,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(126) Southern Illinois University Edwardsville
Southern Illinois Univ Edwardsville
Edwardsville,IL620261046
37-0986220 Illinois 531,600       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(127) St John's University-New York
St Johns University-New York
Queens,NY11439
11-1630830 501(c)(3) 529,500       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(128) St Mary's College of Maryland
St Marys College of Maryland
St Marys City,MD20686
52-6002033 Maryland 505,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(129) State University of New York at New Paltz
State Univ of New York at New Paltz
Albany,NY122010009
14-1368361 New York 470,666       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(130) SUNY Empire State College
SUNY Empire State College
Saratoga Springs,NY12866
14-1368361 New York 531,600       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(131) The College of Wooster
The College of Wooster
Wooster,OH44691
34-0714654 501(c)(3) 475,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(132) The Pennsylvania State University
The Pennsylvania State University
University Park,PA168027000
24-6000376 Pennsylvania 493,065       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(133) Trinity University
Trinity University
San Antonio,TX78212
74-1109633 501(c)(3) 531,600       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(134) Tuskegee University
Tuskegee University
Tuskegee,AL36088
63-0288878 501(c)(3) 505,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(135) Union College (New York)
Union College New York
Schenectady,NY12308
14-1338580 501(c)(3) 505,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(136) Universidad Ana G Mendez-Cupey Campus
Universidad Ana G Mendez-Cupey
San Juan,PR009281345
66-0201206 501(c)(3) 531,600       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(137) University of Akron Main Campus
University of Akron Main Campus
Akron,OH443252102
34-6002924 Ohio 529,500       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(138) University of Alaska Anchorage
University of Alaska Anchorage
Fairbanks,AK997756540
92-6000147 Alaska 3,198,600       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(139) University of California-Irvine
University of California-Irvine
Irvine,CA92610
95-2226406 California 505,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(140) University of California-Riverside
University of California-Riverside
Riverside,CA925210001
95-6006142 California 531,600       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(141) University of California-Santa Cruz
University of California-Santa Cruz
Santa Cruz,CA95064
94-1539563 California 531,600       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(142) University of Colorado Boulder
University of Colorado Boulder
Denver,CO80203
84-6000555 Colorado 470,666       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(143) University of Connecticut
University of Connecticut
Storrs,CT062691133
06-0772160 Connecticut 505,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(144) University of Georgia
University of Georgia
Athens,GA30602
58-6001998 Georgia 493,065       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(145) University of Iowa
University of Iowa
Iowa City,IA52242
42-6004813 Iowa 377,800       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(146) University of Kansas Center for Research
Univ of Kansas Center for Research
Lawrence,KS66045
48-0680117 501(c)(3) 529,500       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(147) University of La Verne
University of La Verne
La Verne,CA91709
95-1644026 501(c)(3) 1,053,065       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(148) University of Maryland College Park
University of Maryland College Park
College Park,MD21042
52-6002033 Maryland 505,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(149) University of Minnesota Medical School
Univ of Minnesota Medical School
Minneapolis,MN55455
41-6007513 Minnesota 377,800       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(150) University of Mississippi
University of Mississippi
University,MS38677
64-6001159 Mississippi 475,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(151) University of Nebraska-Lincoln
University of Nebraska-Lincoln
Lincoln,NE68583
47-0049123 Nebraska 505,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(152) University of Nevada-Reno
University of Nevada-Reno
Reno,NV89557
88-6000024 Nevada 470,666       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(153) University of New Mexico-Main Campus
Univ of New Mexico-Main Campus
Albuquerque,NM87131
85-6000642 New Mexico 377,800       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(154) University of North Carolina at Chapel Hill
Univ of North Carolina Chapel Hill
Chapel Hill,NC275991350
56-6001393 North Carolina 493,065       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(155) University of Oklahoma-Norman Campus
Univ of Oklahoma-Norman Campus
Norman,OK73019
73-1377584 Oklahoma 493,065       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(156) University of Oregon
University of Oregon
Eugene,OR97403
46-4727800 Oregon 493,065       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(157) University of Pennsylvania
University of Pennsylvania
Philadelphia,PA191046205
23-1352685 501(c)(3) 505,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(158) University of Portland
University of Portland
Portland,OR97203
93-0401259 501(c)(3) 493,065       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(159) University of Rhode Island
University of Rhode Island
Kingston,RI02881
05-6014351 Rhode Island 505,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(160) University of Richmond
University of Richmond
Richmond,VA23173
54-0505965 501(c)(3) 625,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(161) University of Virginia-Main Campus Rector and Visitors of the University of
Virginia
University of Virginia
Charlottesville,VA22903
54-6001796 Virginia 529,500       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(162) University of Wisconsin-Milwaukee
University of Wisconsin-Milwaukee
Milwaukee,WI532010340
39-1805963 Wisconsin 823,668       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(163) University of Wyoming
University of Wyoming
Laramie,WY82071
83-6000331 Wyoming 883,668       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(164) Vanderbilt University
Vanderbilt University
Nashville,TN372401591
62-0476822 501(c)(3) 1,106,500       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(165) Washington State University
Washington State University
Pullman,WA991641025
91-6001108 Washington 823,668       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(166) West Virginia University Res Corp
West Virginia University Res Corp
Morgantown,WV26506
55-0665758 501(c)(3) 475,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(167) Whittier College
Whittier College
Whittier,CA90601
95-1644048 501(c)(3) 493,065       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(168) Willamette University
Willamette University
Salem,OR97301
93-0386972 501(c)(3) 505,000       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(169) Xavier University
Xavier University
Cincinnati,OH45207
31-0537516 501(c)(3) 377,800       INCLUSIVE EXCELLENCE 3 LEARNING COMMUNITY
(170) Chesapeake Bay Foundation Inc
Chesapeake Bay Foundation Inc
Annapolis,MD21403
52-6065757 501(c)(3) 240,000       SUPPORT OF INCLUSIVE LEARNING/TRAINING FOR SCIENCE TEACHERS.
(171) Montgomery County Public Schools Educational Foundation Inc
Montgomery County Public Sch Ed Fdn
Rockvillle,MD20850
52-1804509 501(c)(3) 1,500,000       SUPPORT OF K-12 SCIENCE EDUCATION ACTIVITIES
(172) Nature Forward
Nature Forward
Chevy Chase,MD20815
53-0233715 501(c)(3) 220,000       SUPPORT ENVIRONMENTAL LITERACY EDUCATIONAL OUTREACH
(173) Univ Of Colorado-Boulder
Univ Of Colorado-Boulder
Boulder,CO803090347
84-6000555 Colorado 39,798       SUPPORT OF ETHNOGRAPHY & EVALUATION RESEARCH
(174) University of Wisconsin-Madison
University of Wisconsin-Madison
Madison,WI537151218
39-6006492 Wisconsin 400,000       SUPPORT OF INCLUSIVITY IN SCIENCE
(175) School of Molecular and Theoretical Bio
Sch of Molecular Theoretical Bio
Concord,CA94518
38-4003221 501(c)(3) 30,000       SUPPORT OF SCIENCE EDUCATION-MOLECULAR BIOLOGY SUMMER SCHOOL
(176) Amer Society For Cell Biology
Amer Society For Cell Biology
Rockville,MD20852
39-6054285 501(c)(3) 50,000       SUPPORT FOR THE SAN FRANCISCO DECLARATION ON RESEARCH ASSESSMENT (DORA)
(177) Research America
Research America
Arlington,VA22202
52-1609875 501(c)(3) 500,000       SUPPORT THE WORK OF SCIENCE & TECHNOLOGY ACTION COMMITTEE (STAC) TO STRENGTHEN US FEDERAL SCIENCE & TECHNOLOGY POLICIES
(178) Northwestern University
Northwestern University
Evanston,IL60208
36-2167817 501(c)(3) 750,959       MEDICAL RESEARCH
(179) Whitehead Institute for Biomedical Research
Whitehead Inst for Biomedical Rsrch
Cambridge,MA021421479
06-1043412 501(c)(3) 132,829       MEDICAL RESEARCH
(180) Rockefeller University
Rockefeller University
New York,NY10065
13-1624158 501(c)(3) 30,414       MEDICAL RESEARCH
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
180
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
0
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2022

Schedule I (Form 990) 2022
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients
(c) Amount of
cash grant
(d) Amount of
noncash assistance
(e) Method of valuation (book,
FMV, appraisal, other)
(f) Description of noncash assistance
(1) GILLIAM FELLOWSHIPS 146 8,515,198      
(1)
(2)
(3)
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. HHMI AWARDS INSTITUTIONAL GRANTS IN SUPPORT OF PRECOLLEGE, UNDERGRADUATE, AND GRADUATE EDUCATION IN THE US THROUGH PERIODIC NATIONAL COMPETITIONS FOR WHICH SELECT INSTITUTIONS ARE ELIGIBLE TO APPLY. EACH PROGRAM SETS OUT SPECIFIC CRITERIA AND OBJECTIVES, PROPOSALS ARE EVALUATED BY A PANEL OF EXPERTS WITH THE FINAL SELECTION MADE BY HHMI LEADERSHIP. THE INSTITUTE ALSO AWARDS FELLOWSHIPS TO DOCTORAL STUDENTS (THE GILLIAM FELLOWS). THESE GRANTS ARE ALSO AWARDED ON A COMPETITIVE BASIS. A SMALL NUMBER OF GRANTS ARE AWARDED BASED ON DIRECT APPLICATION TO HHMI FOR SPECIFIC INITIATIVES DIRECTLY RELATED TO SCIENCE EDUCATION. THE DISBURSEMENT OF FUNDS OCCURS PRINCIPALLY THROUGH BIOMEDICAL RESEARCH INSTITUTIONS, UNIVERSITIES, AND COLLEGES. HHMI GRANTEES ARE REQUIRED TO FILE ANNUAL PROGRESS REPORTS THAT DETAIL EXPENDITURES IN ACCORDANCE WITH THE TERMS OF THE GRANT, AS WELL AS FULL DESCRIPTION OF PROGRAM ACTIVITIES UNDERTAKEN WITH THE FUNDS. THESE ARE SUBJECT TO CAREFUL REVIEW AND ANALYSIS BY HHMI STAFF WITH MORE DETAILED REVIEW BY THE INSTITUTE AUDITORS AS WARRANTED. THE INSTITUTE CONTINUES TO ASSESS REPORTING REQUIREMENTS TO ENSURE THE QUALITY AND TIMELINESS OF BOTH FINANCIAL AND PROGRAMMATIC REPORTS. IN ADDITION TO SITE VISITS MADE BY HHMI STAFF, PROGRAM DIRECTORS MEET ON A REGULAR BASIS TO DISCUSS THEIR ACTIVITIES AND SHARE INFORMATION ABOUT BEST EDUCATIONAL PRACTICES.
Schedule I (Form 990) 2022



Additional Data


Software ID: 22016089
Software Version: 2022v5.0


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" on Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990.
SchJMediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
Name of the organization
Howard Hughes Medical Institute
 
Employer identification number

59-0735717
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 on 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 on 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
Yes
 
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 on Line 1a? ....
2
Yes
 
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 on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on 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," on line 5a or 5b, describe in Part III.
6
For persons listed on 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," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
Yes
 
8
Were any amounts reported on 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
Yes
 
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
Yes
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2022

Schedule J (Form 990) 2022
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 on 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, 1099-MISC compensation, and/or 1099-NEC (C) Retirement and other deferred compensation (D) Nontaxable
benefits
(E) Total of columns
(B)(i)-(D)
(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation
(ii) Bonus & incentive
compensation
(iii) Other reportable compensation
1ANN K BATLLE ESQ
 
DEPUTY GENERAL COUNSEL & ASSISTANT SECRETARY (THRU 2/23)
(i)

(ii)
374,161
-------------
0
0
-------------
0
5,589
-------------
0
30,500
-------------
0
33,569
-------------
0
443,819
-------------
0
0
-------------
0
2BODO STERN PHD
 
CHIEF OF STRATEGIC INITIATIVES
(i)

(ii)
385,398
-------------
0
0
-------------
0
27,316
-------------
0
30,500
-------------
0
16,618
-------------
0
459,832
-------------
0
0
-------------
0
3DANIEL A CRONIN PHD
 
VP & CHIEF FINANCIAL & OPERATING OFFICER (THRU 1/23)
(i)

(ii)
644,038
-------------
0
0
-------------
0
27,115
-------------
0
30,500
-------------
0
15,919
-------------
0
717,572
-------------
0
0
-------------
0
4DONALD KOCH
 
VP & CHIEF INVESTMENT OFFICER
(i)

(ii)
1,051,554
-------------
0
1,394,179
-------------
0
25,656
-------------
0
30,500
-------------
0
38,794
-------------
0
2,540,683
-------------
0
0
-------------
0
5ERIN K O'SHEA PHD
 
PRESIDENT
(i)

(ii)
1,477,397
-------------
0
75,000
-------------
0
26,950
-------------
0
30,500
-------------
0
30,041
-------------
0
1,639,888
-------------
0
0
-------------
0
6HEIDI E HENNING ESQ
 
VP & GENERAL COUNSEL & SECRETARY
(i)

(ii)
713,027
-------------
0
0
-------------
0
30,671
-------------
0
30,500
-------------
0
36,968
-------------
0
811,166
-------------
0
0
-------------
0
7JEREMY COMPTON
 
ASSOCIATE CONTROLLER & ASSISTANT TREASURER
(i)

(ii)
211,024
-------------
0
0
-------------
0
5,445
-------------
0
21,196
-------------
0
11,822
-------------
0
249,487
-------------
0
0
-------------
0
8LESLIE B VOSSHALL PHD
 
VP & CHIEF SCIENTIFIC OFFICER
(i)

(ii)
642,397
-------------
0
0
-------------
0
29,825
-------------
0
30,500
-------------
0
35,205
-------------
0
737,927
-------------
0
0
-------------
0
9MONIQUE L MARCUS
 
CONTROLLER (THRU 9/22)
(i)

(ii)
190,226
-------------
0
0
-------------
0
49,944
-------------
0
19,607
-------------
0
23,656
-------------
0
283,433
-------------
0
0
-------------
0
10RONALD VALE PHD
 
VP & EXEC DIR, JANELIA RESEARCH CAMPUS
(i)

(ii)
713,387
-------------
0
0
-------------
0
10,006
-------------
0
30,500
-------------
0
31,364
-------------
0
785,257
-------------
0
0
-------------
0
11SEAN B CARROLL PHD
 
VP FOR SCIENCE & EDUCATIONAL MEDIA GROUP
(i)

(ii)
789,298
-------------
0
10,000
-------------
0
31,196
-------------
0
30,500
-------------
0
23,051
-------------
0
884,045
-------------
0
0
-------------
0
12NATASHA NEISES
 
SENIOR DIRECTOR, FINANCIAL PLANNING & ANALYSIS
(i)

(ii)
262,841
-------------
0
0
-------------
0
5,597
-------------
0
26,660
-------------
0
12,568
-------------
0
307,666
-------------
0
0
-------------
0
13KRISTINA HEIBERGER
 
DEPUTY GENERAL COUNSEL & ASSISTANT SECRETARY (AS OF 2/23)
(i)

(ii)
272,906
-------------
0
0
-------------
0
13,444
-------------
0
29,862
-------------
0
43,008
-------------
0
359,220
-------------
0
0
-------------
0
14GLEN ZWICKER
 
MANAGING DIRECTOR & HEAD OF INVESTMENT OPS
(i)

(ii)
510,082
-------------
0
833,214
-------------
0
26,795
-------------
0
30,500
-------------
0
37,263
-------------
0
1,437,854
-------------
0
0
-------------
0
15GREGORY DENINNO
 
MANAGING DIRECTOR, PRIVATE MARKETS (THRU 9/22)
(i)

(ii)
368,884
-------------
0
863,961
-------------
0
931,727
-------------
0
30,500
-------------
0
17,033
-------------
0
2,212,105
-------------
0
0
-------------
0
16RICHARD A PENDER
 
MANAGING DIRECTOR, PUBLIC MARKETS (THRU 4/23)
(i)

(ii)
564,263
-------------
0
1,026,774
-------------
0
33,348
-------------
0
30,500
-------------
0
31,373
-------------
0
1,686,258
-------------
0
0
-------------
0
17RICHARD AXEL PHD
 
INVESTIGATOR
(i)

(ii)
729,713
-------------
0
0
-------------
0
20,958
-------------
0
30,500
-------------
0
23,645
-------------
0
804,816
-------------
0
0
-------------
0
18MARK SPROLES
 
MANAGING DIRECTOR, PRIVATE MARKETS
(i)

(ii)
507,969
-------------
0
415,968
-------------
0
26,739
-------------
0
30,500
-------------
0
1,677
-------------
0
982,853
-------------
0
0
-------------
0
19GERALD M RUBIN PHD
 
SENIOR GROUP LEADER/FORMER VP&EXEC DIR, JRC
(i)

(ii)
530,872
-------------
0
0
-------------
0
35,372
-------------
0
30,500
-------------
0
24,967
-------------
0
621,711
-------------
0
0
-------------
0
20DENNIS MCKEARIN PHD
 
SENIOR SCIENTIFIC OFFICER/FORMER VP OF OPERATIONS
(i)

(ii)
439,338
-------------
0
19,329
-------------
0
14,394
-------------
0
30,500
-------------
0
21,889
-------------
0
525,450
-------------
0
0
-------------
0
21DAVID E CLAPHAM PHD
 
SENIOR GROUP LEADER/FORMER VP & CHIEF SCIENCE OFFICER
(i)

(ii)
526,169
-------------
0
0
-------------
0
106,971
-------------
0
30,500
-------------
0
33,980
-------------
0
697,620
-------------
0
0
-------------
0
22SUSAN S PLOTNICK
 
DIRECTOR OF FINANCE & ASSISTANT TREASURER (THRU 6/22)
(i)

(ii)
113,995
-------------
0
0
-------------
0
51,872
-------------
0
12,570
-------------
0
10,975
-------------
0
189,412
-------------
0
0
-------------
0
Schedule J (Form 990) 2022

Schedule J (Form 990) 2022
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 1a First-class or charter travel UNDER HHMI POLICIES, HHMI REIMBURSES ITS TRUSTEES FOR THE REASONABLE COST OF AIRFARE ONE CLASS ABOVE COACH FOR DOMESTIC OR INTERNATIONAL FLIGHTS, AND ITS PRESIDENT, VICE PRESIDENTS, AND CERTAIN ADVISORY GROUP MEMBERS FOR THE REASONABLE COST OF AIRFARE AT ONE CLASS ABOVE COACH FOR DOMESTIC OR INTERNATIONAL FLIGHTS OF THREE HOURS OR MORE. IF A PARTICULAR AIRCRAFT DOES NOT HAVE A BUSINESS CLASS SECTION, ONE CLASS ABOVE COACH MAY BE FIRST CLASS. AS AN ALTERNATIVE, HHMI MAY REIMBURSE FOR THE COST OF COACH AIRFARE PLUS THE COST OF AN UPGRADE TO TRAVEL AT ONE LEVEL ABOVE COACH FOR A FLIGHT OF THREE HOURS OR MORE. SUCH TRAVEL REIMBURSEMENTS ARE EXCLUDED FROM TAXABLE COMPENSATION IN ACCORDANCE WITH HHMI'S ACCOUNTABLE PLAN. DURING FISCAL YEAR 2023, 3 OFFICERS AND 2 TRUSTEES FLEW FIRST CLASS.
Schedule J, Part I, Line 1a Housing allowance or residence for personal use HHMI'S PRESIDENT RESIDES IN AN HHMI-OWNED HOUSE ON THE HEADQUARTERS CAMPUS. THROUGH JANUARY 2022, SHE PAID HHMI A FAIR MARKET RENTAL RATE. AS OF FEBRUARY 2022, SHE IS REQUIRED TO LIVE IN THIS RESIDENCE AS A CONDITION OF EMPLOYMENT. BECAUSE HHMI'S PRESIDENT IS ALSO REQUIRED TO SPEND TIME AT HHMI'S JANELIA CAMPUS, WHERE SHE RUNS A RESEARCH LABORATORY, ATTENDS MEETINGS, AND PARTICIPATES IN CONFERENCES, HHMI MAKES AN APARTMENT AVAILABLE TO HER AT THAT LOCATION. ADDITIONALLY, HHMI'S VICE PRESIDENT AND EXECUTIVE DIRECTOR, JANELIA RESEARCH CAMPUS, IS REQUIRED AS A CONDITION OF EMPLOYMENT TO RESIDE ON THE JANELIA CAMPUS IN HOUSING BUILT FOR THAT PURPOSE. THE INSTITUTE PROVIDED A HOUSING ASSISTANCE PROGRAM FOR TWO OFFICERS WHO RELOCATED TO TAKE A POSITION WITH HHMI, WHICH MAY BE USED TO COVER THE INDIVIDUAL'S MORTGAGE OR RENT PAYMENTS. THE HOUSING ASSISTANCE PROGRAM IS TREATED AS ADDITIONAL TAXABLE COMPENSATION.
Schedule J, Part I, Line 4a Severance or change-of-control payment THE INSTITUTE MADE A SEVERANCE PAYMENT TO ITS FORMER MANAGING DIRECTOR, PRIVATE MARKETS IN THE AMOUNT OF $820,000.
Schedule J, Part I, Line 7 Non-fixed payments HHMI HAS AN INCENTIVE COMPENSATION PLAN FOR ITS SENIOR INVESTMENT STAFF WHICH PROVIDES AN INCENTIVE AWARD THAT INCLUDES A QUANTITATIVE COMPONENT BASED ON PERFORMANCE OF HHMI'S PORTFOLIO AGAINST MARKET BENCHMARKS AND A DISCRETIONARY COMPONENT BASED ON EXCEPTIONAL PERFORMANCE TIED TO CERTAIN ATTRIBUTES THAT ARE NOT TIED TO INVESTMENT PERFORMANCE. AWARDS ARE APPROVED BY THE TRUSTEES IN RELIANCE ON COMPARABILITY DATA AND A REASONABLENESS OPINION PROVIDED BY AN INDEPENDENT COMPENSATION CONSULTANT. HHMI ALSO MAKES ONE-TIME PAYMENTS TO SOME OF ITS OTHER EMPLOYEES, INCLUDING BUT NOT LIMITED TO OFFICERS, IN RECOGNITION OF EXCEPTIONAL PERFORMANCE.
Schedule J, Part I, Line 8 Payments on contract that is subject to the initial contract exception WHEN RECRUITING INDIVIDUALS FOR HIGH-LEVEL POSITIONS, HHMI TYPICALLY ENTERS INTO INITIAL CONTRACTS. HHMI HAS ENTERED INTO INITIAL CONTRACTS WITH A NUMBER OF VICE PRESIDENTS. HHMI'S STANDARD PRACTICE IS TO HAVE INDEPENDENT COMPENSATION CONSULTANTS REGULARLY REVIEW AND CONFIRM THE REASONABLENESS OF COMPENSATION OF HHMI'S OFFICERS AND KEY EMPLOYEES, REGARDLESS OF WHETHER THE INITIAL CONTRACT EXCEPTION APPLIES.
Schedule J (Form 990) 2022

Additional Data


Software ID: 22016089
Software Version: 2022v5.0

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax-Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part , line 24a. Provide descriptions,
explanations, and any additional information in Part .
SchKMediumBullet Attach to Form 990.

SchKMediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
Howard Hughes Medical Institute
 
Employer identification number
59-0735717
Part
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer
(i) Pool
financing
Yes No Yes No Yes No
A LOUDOUN COUNTY IDA
 
52-1310230 545910AL5 02-27-2003 500,000,000 FINANCE CONSTRUCTION OF JANELIA RESEARCH CAMPUS   X   X   X
B LOUDOUN COUNTY IDA
 
52-1310230 545910AP6 10-02-2009 23,000,000 FINANCE CONSTRUCTION OF JANELIA APT   X   X   X
C LOUDOUN COUNTY IDA
 
52-1310230 545910AQ4 05-15-2013 33,130,000 FINANCE CONSTRUCTION OF JANELIA APT B   X   X   X
D MEDCO
 
52-1376562 574205FY1 02-21-2008 83,500,000 FINANCE CONSTRUCTION OF HQ EXPANSION   X   X   X
MEDCO
 
52-1376562 574205FZ8 05-15-2008 76,500,000 REFUNDING OF ISSUE TO FINANCE HQ CONSTRUCTION ORIGINALLY ISSUED 11/08/1990   X   X   X
ECONOMIC DEVELOPMENT AUTHORITY OF LOUDOUN COUNTY VA
 
52-1310230 54601TAA4 06-06-2019 51,773,425 FINANCE CONSTRUCTION OF JANELIA APT C   X   X   X
ECONOMIC DEVELOPMENT AUTHORITY OF LOUDOUN COUNTY VA
 
52-1310230 54601TAB2 09-15-2022 156,976,000 FINANCE CONSTRUCTION OF JRC BUILDING A & VIVARIUM; REFINANCE TAXABLE DEBT   X   X   X
Part
Proceeds
A B C D
1 Amount of bonds retired .................. 0 0 0 0
2 Amount of bonds legally defeased .............. 0 0 0 0
3 Total proceeds of issue .................. 534,028,000 23,022,042 33,145,417 84,953,297
4 Gross proceeds in reserve funds ............. 0 0 0 0
5 Capitalized interest from proceeds ............. 54,203,000 904,914 1,173,864 5,954,687
6 Proceeds in refunding escrows ............... 0 0 0 0
7 Issuance costs from proceeds ............... 200,000 0 397,311 631,673
8 Credit enhancement from proceeds ............. 0 0 0 0
9 Working capital expenditures from proceeds ............. 0 43,305 0 0
10 Capital expenditures from proceeds ............. 479,625,000 22,073,823 31,574,242 78,366,937
11 Other spent proceeds ............. 0 0 0 0
12 Other unspent proceeds ............. 0 0 0 0
13 Year of substantial completion ............. 2006 2011 2015 2010
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue of tax-exempt
bonds (or, if issued prior to 2020, a current refunding issue)? ........
  X   X   X   X
15 Were the bonds issued as part of an advance refunding issue of taxable
bonds (or, if issued prior to 2020, an advance refunding issue)? ........
  X   X   X   X
16 Has the final allocation of proceeds been made? .......... X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X   X   X  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2021

Schedule K (Form 990) 2021
Page 2
Part
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............   X   X   X   X
3a Are there any management or service contracts that may result in private business use of bond-financed property? ............. X   X   X   X  
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X   X   X   X  
c Are there any research agreements that may result in private business use of bond-financed property? ............. X     X   X   X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? X              
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....SchKMediumBullet 0 % 0 % 0 % 0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government ......... SchKMediumBullet 0 % 0 % 0 % 0 %
6 Total of lines 4 and 5 ............. 0 % 0 % 0 % 0 %
7 Does the bond issue meet the private security or payment test? ...   X   X   X   X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............                
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? ........
  X   X   X   X
Part
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   X   X   X   X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......   X   X   X   X
b Exception to rebate? ........   X   X   X   X
c No rebate due? ......... X   X   X   X  
If "Yes" to line 2c, provide in Part the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? ..... X   X   X   X  
Schedule K (Form 990) 2021

Schedule K (Form 990) 2021
Page 3
Part
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue? X   X   X   X  
b Name of provider .......... WELLS FARGO
 
JPMORGAN CHASE
 
WELLS FARGO BANK
 
JP MORGAN
 
c Term of hedge ......... 2000 % 3000 % 3000 % 3000 %
d Was the hedge superintegrated? ......   X   X   X   X
e Was the hedge terminated? ........   X   X   X   X
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   X   X   X   X
b Name of provider ..........  
 
 
 
 
 
 
 
c Term of GIC .........        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........                
6 Were any gross proceeds invested beyond an available temporary period?   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? ... X   X   X   X  
Part
Procedures To Undertake Corrective Action
--------------------------------------------------------------------------------------------------------------- A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?   X   X   X   X
Part
Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).
Return Reference Explanation
Schedule K, Part I Part I The bond issued February 27, 2003 also includes CUSIPS 545910AM3, 545910AG6, 545910AH4, 545910AJO, and 545910AK7.
Schedule K, Part II, Line 3 Part II, Line 3 - Total Proceeds The bonds issued on 2/27/2003, 10/2/2009, 2/15/2008, 5/15/2013, 6/6/2019, and 9/15/2022 included investment proceeds that made up the difference between the amount of the bond issue and the total proceeds.
Schedule K, Part IV Part IV - Name of Provider The other counterparties pertaining to the bond issued on 2/27/2003 were Bank of America (30 years), Goldman Sachs (30 years) and JP Morgan (30 years.)
Schedule K, Part IV, Line 2c COLUMN A Issuer name: LOUDOUN COUNTY IDA The calculation for computing no rebate due was performed on 03/02/2023
Schedule K, Part IV, Line 2c COLUMN B Issuer name: LOUDOUN COUNTY IDA The calculation for computing no rebate due was performed on 10/07/2019
Schedule K, Part IV, Line 2c COLUMN C Issuer name: LOUDOUN COUNTY IDA The calculation for computing no rebate due was performed on 05/16/2023
Schedule K, Part IV, Line 2c COLUMN D Issuer name: MEDCO The calculation for computing no rebate due was performed on 02/28/2023
Schedule K (Form 990) 2021

Additional Data


Software ID: 22016089
Software Version: 2022v5.0


Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax-Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part , line 24a. Provide descriptions,
explanations, and any additional information in Part .
SchKMediumBullet Attach to Form 990.

SchKMediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
Howard Hughes Medical Institute
 
Employer identification number
59-0735717
Part
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer
(i) Pool
financing
Yes No Yes No Yes No
A LOUDOUN COUNTY IDA
 
52-1310230 545910AL5 02-27-2003 500,000,000 FINANCE CONSTRUCTION OF JANELIA RESEARCH CAMPUS   X   X   X
B LOUDOUN COUNTY IDA
 
52-1310230 545910AP6 10-02-2009 23,000,000 FINANCE CONSTRUCTION OF JANELIA APT   X   X   X
C LOUDOUN COUNTY IDA
 
52-1310230 545910AQ4 05-15-2013 33,130,000 FINANCE CONSTRUCTION OF JANELIA APT B   X   X   X
D MEDCO
 
52-1376562 574205FY1 02-21-2008 83,500,000 FINANCE CONSTRUCTION OF HQ EXPANSION   X   X   X
MEDCO
 
52-1376562 574205FZ8 05-15-2008 76,500,000 REFUNDING OF ISSUE TO FINANCE HQ CONSTRUCTION ORIGINALLY ISSUED 11/08/1990   X   X   X
ECONOMIC DEVELOPMENT AUTHORITY OF LOUDOUN COUNTY VA
 
52-1310230 54601TAA4 06-06-2019 51,773,425 FINANCE CONSTRUCTION OF JANELIA APT C   X   X   X
ECONOMIC DEVELOPMENT AUTHORITY OF LOUDOUN COUNTY VA
 
52-1310230 54601TAB2 09-15-2022 156,976,000 FINANCE CONSTRUCTION OF JRC BUILDING A & VIVARIUM; REFINANCE TAXABLE DEBT   X   X   X
Part
Proceeds
A B C D
1 Amount of bonds retired .................. 0 0 0 0
2 Amount of bonds legally defeased .............. 0 0 0 0
3 Total proceeds of issue .................. 534,028,000 23,022,042 33,145,417 84,953,297
4 Gross proceeds in reserve funds ............. 0 0 0 0
5 Capitalized interest from proceeds ............. 54,203,000 904,914 1,173,864 5,954,687
6 Proceeds in refunding escrows ............... 0 0 0 0
7 Issuance costs from proceeds ............... 200,000 0 397,311 631,673
8 Credit enhancement from proceeds ............. 0 0 0 0
9 Working capital expenditures from proceeds ............. 0 43,305 0 0
10 Capital expenditures from proceeds ............. 479,625,000 22,073,823 31,574,242 78,366,937
11 Other spent proceeds ............. 0 0 0 0
12 Other unspent proceeds ............. 0 0 0 0
13 Year of substantial completion ............. 2006 2011 2015 2010
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue of tax-exempt
bonds (or, if issued prior to 2020, a current refunding issue)? ........
  X   X   X   X
15 Were the bonds issued as part of an advance refunding issue of taxable
bonds (or, if issued prior to 2020, an advance refunding issue)? ........
  X   X   X   X
16 Has the final allocation of proceeds been made? .......... X   X   X   X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X   X   X  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2021

Schedule K (Form 990) 2021
Page 2
Part
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............   X   X   X   X
3a Are there any management or service contracts that may result in private business use of bond-financed property? ............. X   X   X   X  
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X   X   X   X  
c Are there any research agreements that may result in private business use of bond-financed property? ............. X     X   X   X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? X              
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....SchKMediumBullet 0 % 0 % 0 % 0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government ......... SchKMediumBullet 0 % 0 % 0 % 0 %
6 Total of lines 4 and 5 ............. 0 % 0 % 0 % 0 %
7 Does the bond issue meet the private security or payment test? ...   X   X   X   X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............                
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? ........
  X   X   X   X
Part
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   X   X   X   X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......   X   X   X   X
b Exception to rebate? ........   X   X   X   X
c No rebate due? ......... X   X   X   X  
If "Yes" to line 2c, provide in Part the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? ..... X   X   X   X  
Schedule K (Form 990) 2021

Schedule K (Form 990) 2021
Page 3
Part
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue? X   X   X   X  
b Name of provider .......... WELLS FARGO
 
JPMORGAN CHASE
 
WELLS FARGO BANK
 
JP MORGAN
 
c Term of hedge ......... 2000 % 3000 % 3000 % 3000 %
d Was the hedge superintegrated? ......   X   X   X   X
e Was the hedge terminated? ........   X   X   X   X
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   X   X   X   X
b Name of provider ..........  
 
 
 
 
 
 
 
c Term of GIC .........        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........                
6 Were any gross proceeds invested beyond an available temporary period?   X   X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? ... X   X   X   X  
Part
Procedures To Undertake Corrective Action
--------------------------------------------------------------------------------------------------------------- A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?   X   X   X   X
Part
Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).
Return Reference Explanation
Schedule K, Part I Part I The bond issued February 27, 2003 also includes CUSIPS 545910AM3, 545910AG6, 545910AH4, 545910AJO, and 545910AK7.
Schedule K, Part II, Line 3 Part II, Line 3 - Total Proceeds The bonds issued on 2/27/2003, 10/2/2009, 2/15/2008, 5/15/2013, 6/6/2019, and 9/15/2022 included investment proceeds that made up the difference between the amount of the bond issue and the total proceeds.
Schedule K, Part IV Part IV - Name of Provider The other counterparties pertaining to the bond issued on 2/27/2003 were Bank of America (30 years), Goldman Sachs (30 years) and JP Morgan (30 years.)
Schedule K, Part IV, Line 2c COLUMN A Issuer name: LOUDOUN COUNTY IDA The calculation for computing no rebate due was performed on 03/02/2023
Schedule K, Part IV, Line 2c COLUMN B Issuer name: LOUDOUN COUNTY IDA The calculation for computing no rebate due was performed on 10/07/2019
Schedule K, Part IV, Line 2c COLUMN C Issuer name: LOUDOUN COUNTY IDA The calculation for computing no rebate due was performed on 05/16/2023
Schedule K, Part IV, Line 2c COLUMN D Issuer name: MEDCO The calculation for computing no rebate due was performed on 02/28/2023
Schedule K (Form 990) 2021

Additional Data


Software ID: 22016089
Software Version: 2022v5.0

Schedule L
(Form 990)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ.
MediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
Howard Hughes Medical Institute
 
Employer identification number

59-0735717
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e) Original principal amount (f) Balance due (g) In default? (h) Approved by board or committee? (i) Written agreement?
To From Yes No Yes No Yes No
Total ...............Small Bullet $  
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990) 2021
Schedule L (Form 990) 2021
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) VIKNESH SIVANATHAN
 
SPOUSE 189,416 SALARY & BENEFITS   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L, Part IV, Column (d) REPORTABLE BUSINESS TRANSACTIONS AN OFFICER OF THE CORPORATION IS MARRIED TO A STAFF MEMBER.
Schedule L (Form 990) 2021


Additional Data


Software ID: 22016089
Software Version: 2022v5.0




SCHEDULE O
(Form 990)

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 Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
Howard Hughes Medical Institute
 
Employer identification number

59-0735717
Return Reference Explanation
Form 990, Part III, Line 4b Program Service Description 4b. Science Education, Fellowships, and Media Programs Through its Science Education, Fellowships, and Media Program initiatives, HHMI invests in individuals, institutions, initiatives, and media that advance learning. HHMI also nourishes the public understanding of science by bringing important stories of scientific discovery to a wide variety of audiences. (A) Center for the Advancement of Science Leadership & Culture HHMI established the Center for the Advancement of Science Leadership & Culture ("the Center") in FY23. The Center plays a key role in HHMI's efforts to center equity and inclusion in science research and education across key academic career stages. The Center serves as a facilitator, convener, strategic partner, and source of expertise to advance HHMI's goals for the scientific workforce. In November 2022, Blanton Tolbert, PhD joined HHMI as its first Vice President of Science Leadership and Culture. HHMI's Inclusive Excellence (IE) initiative aims to help colleges and universities increase their capacity for inclusion in science of all students, especially those students who come to college via non-traditional pathways. These "new majority" students include persons from groups historically excluded because of their ethnicity or race, first-generation college students, students who transfer from community colleges, and working adults with families. In November 2022, HHMI announced six-year grants to 104 institutions as part of the third round of the initiative. The schools are organized into seven Learning Community Clusters (LCC) each of which comprises approximately 15 institutions. Each LCC collaborates on one of three challenges: (i) improving the content of the introductory STEM curriculum, (ii) evaluating and rewarding inclusive teaching, and (iii) building genuine partnerships between two- and four-year institutions. In FY2023, HHMI continued to make grants as part of its Driving Change initiative, which, over four rounds of funding, will award up to 24 five-year grants to US research universities. Driving Change grantees will: (i) actively participate in a learning community of Driving Change institutions, (ii) develop and implement institution-centered activities aimed at creating a more inclusive STEM learning environment for all schools; and (iii) develop and implement student-centered activities that will strive to achieve the outcomes of the highly regarded Meyerhoff Scholars Program at the University of Maryland, Baltimore County. Over the last three-plus years, the Driving Change learning community has convened regularly so that the universities can share with one another what they are learning from their institutional self-studies and funded projects. In FY23, the Science Education Alliance Phage Hunters Advancing Genomics and Evolutionary Science (SEA-PHAGES) added seven colleges and universities to the alliance. Established in 2008, SEA-PHAGES is a two-semester course-based research experience designed to replace the traditional introductory biology lab sequence in the undergraduate curriculum. SEA-PHAGES students isolate and characterize bacteriophages which are viruses that infect bacteria. In the last 15 years, the SEA-PHAGES program has involved more than 40,000 students and 600 faculty at more than 200 colleges and universities in 45 states, Puerto Rico, and the District of Columbia. The project has produced more than 250 publications, many including SEA-PHAGES students and faculty as co-authors. In a second, more advanced course called SEA-GENES (Gene function Exploration by a Network of Emerging Scientists), students use genetics and molecular biology methods to identify putative interactions between phage- and bacteria-encoded proteins, information which provides insights as to the function of the phage proteins. SEA-GENES now includes 30 colleges and universities, approximately 300 students, and approximately 60 instructors. HHMI's Gilliam Fellows Program supports biomedical PhD students and their dissertation advisers who are committed to advancing equity and inclusion in science. In FY23, HHMI made 50 new awards. Each award provides an annual payment of $53,000 for up to three years, which includes the fellow's stipend, a research allowance for the fellow, an institutional allowance to offset tuition and fees, and an allowance to support the adviser's equity and inclusion activities. As part of the award, the fellow's dissertation adviser completes a year-long course in culturally aware mentorship. (B) BioInteractive HHMI BioInteractive, a resource for general high school biology, AP/IB biology, and college-level introductory biology teachers, has been in existence for over two decades and now receives over three million visitors annually through its website, BioInteractive.org. HHMI's Educational Media Group produces BioInteractive's science education resources including interactive multimedia materials, scientific animations, videos, in-class activities, as well as award-winning, broadcast-quality short films. The resources are then made available to educators online, through the BioInteractive.org website and YouTube channel, and at workshops, conferences, and conventions. In 2023 the BioInteractive team offered 22 online educator professional development workshops on BioInteractive resources direct from HHMI and facilitated by BioInteractive Ambassadors. These virtual events reach a broader audience, especially those unable to access in-person educational conferences. Another 60-plus workshops and similar events were sponsored in-person by BioInteractive at conferences, school districts and schools throughout the US. In May 2023, BioInteractive released the first videos in the two 50-episode series, Crash Course Biology and Biologia - one in English and one in Spanish. More than just a direct translation, the Spanish series includes culturally relevant stories and examples presented by a Spanish-speaking scientist. The courses cover fundamental topics for general high school and AP-level biology courses and reflect current priorities in science education combined with highly successful engaging productions that are hallmarks of Crash Course videos. The series will also highlight new scientific advances; emphasize the process of science, including social aspects; and increase access and relevance for all students.
Form 990, Part III, Line 4b Program Service Description (Continued) (C) Tangled Bank Studios Tangled Bank Studios, LLC, is a mission-driven production company dedicated to crafting compelling, immersive films about science and scientists for broadcast, theatrical, and digital distribution. As an extension of HHMI's longstanding science education mission, the studio aims to produce programs that capture compelling stories of discovery across all branches of scientific inquiry, with particular focus on the life sciences. Together with world class partners, the studio creates innovative outreach initiatives to amplify the reach and deepen the impact around each project. Achievements this year included a Grierson award and BAFTA and Oscar nominations for "All That Breathes," a documentary that follows two brothers who devote their lives to rescuing a bird, the black kite, and the release of several new films, including: WILD HOPE - Tangled Bank Studios launched its latest series, Wild Hope, on public television stations across the U.S. and on YouTube in partnership with Nature. This set of 30 min films shines a light on individuals around the world who are making a difference restoring and protecting local ecosystems and the wildlife that thrives there. Paired with an extensive outreach effort, this series, which expanded into a second season of shorter 12-minute episodes in fall 2023, is inspiring millions to learn about biodiversity and take action to protect unique and important ecosystems around the world. Three Wild Hope episodes won an AAAS Kavli award for in depth science journalism. BLUE WHALES - This giant screen film premiered at the California Science Center in March 2023 followed by long runs at giant screen theaters including those at the American Museum of Natural History and the New England Aquarium. The film takes viewers on a journey of a lifetime to explore the world of the world's largest living animal ever to have lived. With funding from the National Science Foundation, and in partnership with the California Science Center, Tangled Bank Studios undertook an extensive educational outreach effort to deepen the learning through interactive apps and educational guides, and to take these tools to museums, libraries and educational centers across the country. BATTLE TO BEAT MALARIA - This film, which premiered on NOVA/PBS in November 2023 and is streaming for free on PBS.org, tells the inside story of the effort to develop a game-changing new malaria vaccine, the culmination of a decade's worth of new scientific research. Filmed across four continents, the film follows the team behind the successful Oxford/AstraZeneca COVID-19 vaccine as it trials R21/Matrix-M, a malaria vaccine that they hope will be the first candidate to meet the World Health Organization's target of 75% efficacy. Tangled Bank Studios outreach effort included sharing the film with public health and international development communities around the world. Additional information about Tangled Bank films is available at https://www.tangledbankstudios.org/our-films. (D) Hanna H. Gray Fellows Program Since 2017, HHMI has held regular open competitions to recruit and retain outstanding early-career scientists. Each fellow receives funding for up to eight years, with mentoring and active involvement within the HHMI community. In this two-phase program, fellows are supported from early postdoctoral training through several years of a tenure-track faculty position. Through the current fiscal year, HHMI has selected 116 fellows to support, and will invest a total of up to $197 million for their support over eight years. A seventh competition will be announced in early 2024, with plans to select up to 25 new fellows by Fall 2024. (E) eLife Open Access Journal HHMI, together with Wellcome, the Max Planck Society, and the Knut and Alice Wallenberg Foundation, continues to support a top tier scientific journal called eLife. The online journal follows an open access model and is led by practicing scientists. eLife Sciences Publications, Ltd., is an independent non-profit entity governed by a separate board of directors. eLife began publishing research articles online on a regular basis in late 2012. (F) Africa Health Research Institute in South Africa In 2009, HHMI helped launch the KwaZulu-Natal Research Institute for TB-HIV (K-RITH) in collaboration with the University of KwaZulu-Natal (UKZN) and has provided significant funding to support its research efforts. In 2016, in a move to improve the health of people locally and globally, K-RITH joined forces with the Africa Centre for Population Health to form a groundbreaking new interdisciplinary institute to fight tuberculosis (TB), HIV and related diseases. The new organization, the Africa Health Research Institute (AHRI), is located at the heart of South Africa's TB and HIV co-epidemic in KwaZulu-Natal Province. The effort brings together the Africa Centre's detailed population data from over 100,000 participants, with K-RITH's expertise in basic science and its world-class laboratory facilities. Through 2023, HHMI and Wellcome have provided grant support to AHRI, with the University College London and UKZN serving as significant academic partners. AHRI is committed to working towards the elimination of HIV and TB. To achieve this, the institute continues to receive support from Wellcome and multiple South African and international funding agencies, brings together leading researchers from different fields, uses cutting-edge science to improve people's health, and helps to train the next generation of African scientists.
Form 990, Part VI, Line 4 Significant changes to organizational documents In November 2022, HHMI's Board of Trustees approved amending HHMI's Certificate of Incorporation to institute a limit on service as a trustee of the later of (1) the end of the calendar year in which the Trustee turns age 78 and (2) two full five-year terms. This age limit applies to all current HHMI Trustees who have not yet reached age 78, as well as to all new Trustees. The Board of Trustees also approved amending HHMI's Certificate of Incorporation to expand the Board's maximum size from 11 to 13 Trustees. These amendments took effect November 1, 2022.
Form 990, Part VI, Line 11b Review of form 990 by governing body The Howard Hughes Medical Institute's Form 990 is initially prepared by its Tax Compliance department, in coordination with other HHMI departments as needed. The draft return is reviewed by Senior Management of HHMI and by attorneys in HHMI's Office of the General Counsel. Following these reviews and the resolution of any questions that have been raised, the draft return is reviewed by HHMI's outside tax preparer. Finally, a copy of the return is provided to the members of HHMI's Board of Trustees so that they have an opportunity to review and comment on the return before it is filed.
Form 990, Part VI, Line 12c Conflict of interest policy In addition to HHMI's Code of Conduct, which addresses conflicts of interest and applies to all HHMI employees, officers, trustees, and advisors, HHMI has specific conflict of interest policies for different categories of personnel. Under the HHMI policies that apply to trustees, officers, and key employees, these individuals must disclose annually interests that could give rise to conflicts of interest, and must certify annually their compliance with the conflict of interest policy that applies to them. Annual disclosures and certifications are reviewed by HHMI's Office of the General Counsel, and by other HHMI managers as needed. The Conflict of Interest policy covering HHMI's Trustees also requires each Trustee to disclose to the other Trustees any actual or apparent conflict of interest with respect to a proposed HHMI transaction. If the other Trustees decide that there is only the appearance of a conflict of interest, and that it could not reasonably be considered to affect the independent, unbiased judgment of the disclosing Trustee with respect to the transaction at issue, no further action is required to address the apparent conflict. In all other cases, including all actual conflicts of interest, the disclosing Trustee is not permitted to participate in the deliberation or decision regarding the transaction under consideration, and must leave the room during the deliberation and vote. The Conflict of Interest policies covering HHMI's Officers and Key Employees require each covered individual to obtain supervisory approval up to the level of HHMI's President before entering into an affiliation with or acquiring an interest of 1% or more in any entity that is or may become a recipient of HHMI funds. HHMI's President, in consultation with HHMI's General Counsel, may permit the affiliation or interest if it would not interfere with the covered individual's performance of his or her HHMI responsibilities, would not create the appearance of a conflict of interest, and would be consistent with sound business judgment. HHMI's President may set conditions on approval, for example that there be no remuneration to the covered individual. Proposed affiliations and interests of 1% or more of HHMI's President are subject to the approval of the Chair of the Trustees.
Form 990, Part VI, Line 15a Process to establish compensation of top management official The compensation for HHMI's President, other officers, and key employees is set using the following procedures: Every other year, the Audit & Compensation Committee of HHMI's Board of Trustees engages one or more independent compensation consultants to conduct a study of comparable market data. The study includes data for HHMI's President, other officers, and key employees. The independent compensation consultants also provide an opinion regarding the reasonableness of the compensation arrangements for the positions included in the study. The study includes comparable market data for all components of compensation for each person covered by the study, including base salary, incentive compensation (if any), and benefits. The Board of Trustees relies on the market data and opinion provided by the compensation consultant in making compensation decisions for HHMI's President, other officers, and key employees. The decision is made by independent trustees. Any trustee who has a conflict of interest with respect to a specific officer or key employee must recuse himself or herself from the decision on that person's compensation and leave the meeting room during the debate and vote on it. In the alternate years when a study is not done, the Trustees confirm with the independent compensation consultants that the range of any proposed merit increases for HHMI employees, including senior management, is reasonable compared with the generally prevailing compensation increases in the market over the past year. The Board of Trustees relies on this advice in making compensation decisions for HHMI's President, other officers and key employees. Recusal procedures are the same as in the years when a study is done. In each year, minutes of the discussions and decisions regarding compensation are prepared after each meeting and are submitted for approval at the next meeting. Approved minutes are kept in HHMI's records. All minutes include the date of the meeting, identify those trustees who attended and voted on the compensation arrangements, and note any recusals of trustees with a conflict of interest. The comparability studies and opinions relied on at the meeting are referenced in the minutes, and copies of these materials are also kept in HHMI's records. HHMI's Board of Trustees followed this process in August 2023 in determining compensation for the following positions for fiscal year 2024: President, other officers, and Investment Department Managing Directors.
Form 990, Part VI, Line 15b Process to establish compensation of other employees The compensation for HHMI's President, other officers, and key employees is set using the following procedures: Every other year, the Audit & Compensation Committee of HHMI's Board of Trustees engages one or more independent compensation consultants to conduct a study of comparable market data. The study includes data for HHMI's President, other officers, and key employees. The independent compensation consultants also provide an opinion regarding the reasonableness of the compensation arrangements for the positions included in the study. The study includes comparable market data for all components of compensation for each person covered by the study, including base salary, incentive compensation (if any), and benefits. The Board of Trustees relies on the market data and opinion provided by the compensation consultant in making compensation decisions for HHMI's President, other officers, and key employees. The decision is made by independent trustees. Any trustee who has a conflict of interest with respect to a specific officer or key employee must recuse himself or herself from the decision on that person's compensation and leave the meeting room during the debate and vote on it. In the alternate years when a study is not done, the Trustees confirm with the independent compensation consultants that the range of any proposed merit increases for HHMI employees, including senior management, is reasonable compared with the generally prevailing compensation increases in the market over the past year. The Board of Trustees relies on this advice in making compensation decisions for HHMI's President, other officers and key employees. Recusal procedures are the same as in the years when a study is done. In each year, minutes of the discussions and decisions regarding compensation are prepared after each meeting and are submitted for approval at the next meeting. Approved minutes are kept in HHMI's records. All minutes include the date of the meeting, identify those trustees who attended and voted on the compensation arrangements, and note any recusals of trustees with a conflict of interest. The comparability studies and opinions relied on at the meeting are referenced in the minutes, and copies of these materials are also kept in HHMI's records. HHMI's Board of Trustees followed this process in August 2023 in determining compensation for the following positions for fiscal year 2024: President, other officers, and Investment Department Managing Directors.
Form 990, Part VI, Line 19 Required documents available to the public HHMI's Certificate of Incorporation and By-laws are available on request. HHMI's Code of Conduct, which addresses conflicts of interest, is available to the public on the HHMI website. A downloadable copy of HHMI's most recent audited financial statements is also available to the public on the website.
Form 990, Part VIII, Line 11d Other Miscellaneous Revenue MISCELLANEOUS INCOME - Total Revenue: 14055, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 14055;
Form 990, Part XI, Line 9 Other changes in net assets or fund balances Grant write-offs - 2313949; Grant refunds - 1138136; Other components of net periodic benefit cost - 14043062;
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2021


Additional Data


Software ID: 22016089
Software Version: 2022v5.0
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 Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
2021
Open to Public Inspection
Name of the organization
Howard Hughes Medical Institute
 
Employer identification number

59-0735717
Part I
Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


(c)
Legal domicile (state
or foreign country)

(d)
Total income


(e)
End-of-year assets


(f)
Direct controlling
entity

(1) HHMI I LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(2) HHMI II LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE 187 0 HHMI
 
(3) HHMI III LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(4) HHMI IV LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(5) HHMI V LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(6) HHMI VI LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(7) HHMI VII LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE 1,997,218 12,673,669 HHMI
 
(8) HHMI VIII LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(9) HHMI XII LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(10) HHMI XIII LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(11) HHMI XIV LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(12) HHMI XV LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(13) HHMI-SA LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
RESEARCH DE     HHMI
 
(14) JANELIA FARM HOLDING LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT VA     HHMI
 
(15) LSV ADVANTAGE INTERNATIONAL III LLC
540 MADISON AVENUE 33RD FL
New York,NY10022
INVESTMENT DE 19,407 4,089,917 HHMI
 
(16) LSV ADVANTAGE INTERNATIONAL III-B LLC
540 MADISON AVENUE 33RD FL
New York,NY10022
INVESTMENT DE 12,119,494 75,408,295 HHMI
 
(17) LSV ADVANTAGE INTL III (CAYMAN) LTD
89 NEXUS WAY 2/F CAMANA BAY
  GRAND CAYMANKY11205
CJ
98-0689621
INVESTMENT CJ -23,057 1,591,666 HHMI
 
(18) LSV ADVANTAGE INTL III-B (CAYMAN) LTD
89 NEXUS WAY 2/F CAMANA BAY
  GRAND CAYMANKY11205
CJ
98-1087158
INVESTMENT CJ 577,460 16,409,113 HHMI
 
(19) MISSING LINK PRODUCTIONS LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
47-1329820
FILM PROD DE   2,677 HHMI
 
(20) PSG LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(21) SELDEN ISLAND HOLDING LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT VA     HHMI
 
(22) SPRUGOS INVESTMENTS II LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(23) SPRUGOS INVESTMENTS III LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE -8,941,331 97,534,688 HHMI
 
(24) SPRUGOS INVESTMENTS IX LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(25) SPRUGOS INVESTMENTS V LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(26) SPRUGOS INVESTMENTS VI LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(27) SPRUGOS INVESTMENTS VII LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE -2,329 312,282 HHMI
 
(28) SPRUGOS INVESTMENTS VIII LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE -1,321,075 179,261,897 HHMI
 
(29) SPRUGOS INVESTMENTS X LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(30) SPRUGOS INVESTMENTS XI LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(31) SPRUGOS INVESTMENTS XII LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
INVESTMENT DE     HHMI
 
(32) TANGLED BANK STUDIOS LLC
4000 JONES BRIDGE ROAD
CHEVY CHASE,MD20815
FILM PROD DE 1,025,138   HHMI
 
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












For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
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
(1) APCM OPPORTUNITY FUND LP

530 FIFTH AVENUE 20TH FLOOR
NEW YORK,NY10036
84-1808166
INVESTMENT DE HHMI
 
Excluded 2,839,540 101,445,653   No     No 99 %
(2) BLOSSOM CAPITAL CO-INVESTMENT (CH) LP

 
 
INVESTMENT GK HHMI
 
Excluded -29,471 10,350,906   No     No 62 %
(3) BLOSSOM CAPITAL CO-INVESTMENT (MP) LP

 
 
INVESTMENT GK HHMI
 
Excluded 0 15,028,404   No     No 50 %
(4) BLOSSOM CAPITAL CO-INVESTMENT (P1) LP

 
 
INVESTMENT GK HHMI
 
Excluded 0 10,309,792   No     No 100 %
(5) BLOSSOM CAPITAL CO-INVESTMENT (S) LP

 
 
INVESTMENT GK HHMI
 
Excluded 0 0   No     No 77 %
(6) BLOSSOM CAPITAL CO-INVESTMENT (T1) LP

 
 
INVESTMENT GK HHMI
 
Excluded -21,191 10,026,019   No     No 100 %
(7) BROWNING WEST SPV 3 LP

WALKERS CORPORATE
27 HOSPITAL ROAD
GEORGE TOWN,GRAND CAYMANKY19009
CJ
86-2097815
INVESTMENT DE HHMI
 
Excluded 526,550 50,743,971   No     No 41 %
(8) CERBERUS HH PARTNERS AIV LP

ONE NEXUS WAY
CAMANA BAY,GRAND CAYMANKY19005
CJ
85-4216473
INVESTMENT CJ HHMI
 
Excluded 244,963 2,655,254   No     No 86 %
(9) CERBERUS HH PARTNERS LP

ONE NEXUS WAY
CAMANA BAY,GRAND CAYMANKY19005
CJ
98-1102879
INVESTMENT CJ HHMI
 
Excluded 7,157,660 24,539,508   No     No 79 %
(10) DARK ROAST CAPITAL LP

130 W 42ND ST 20TH FL
NEW YORK,NY10036
84-3603822
INVESTMENT DE HHMI
 
Excluded 2,264,958 34,496,554   No     No 62 %
(11) DCVR HM STRATEGIC PARTNERS LP (FKA COLHM STRATEGIC PARTNERS LP)

515 SOUTH FLOWER ST 44TH FL
LOS ANGELES,CA90071
45-3436140
INVESTMENT CA HHMI
 
Excluded 104,878 21,470,079   No     No 100 %
(12) DIAKRISIS FUND LP

2777 SUMMER STREET SUITE 301
STAMFORD,CT06905
35-2577920
INVESTMENT CT HHMI
 
Excluded 38,988,085 345,003,489   No     No 63 %
(13) ECHO STREET CAPITAL CV 1 LLC

251 LITTLE FALLS DRIVE
WILMINGTON,DE19808
35-2577921
INVESTMENT DE HHMI
 
Excluded 422 8,024,764   No     No 100 %
(14) ECHO STREET GOODCO NEW WORLD MASTER FUND LP

12 EAST 49TH STREET 44TH FL
NEW YORK,NY10017
98-1693642
INVESTMENT CJ ECHO STREET GOODCO NEW WORLD OFFSHORE LTD
 
Excluded -84,358,384 392,371,511   No     No 66 %
(15) ELLINGTON SYSTEMATIC CREDIT MASTER FUND LTD FKA HH ELLINGTON MASTER FUND LT
D
WALKER HOUSE 87 MARY ST
GEORGE TOWN,GRAND CAYMANKY11104
CJ
98-1020904
INVESTMENT CJ ELLINGTON SYSTEMATIC CREDIT FUND LTD
 
Excluded -2,661,415 28,785,000   No     No 91 %
(16) EMMA 1 MASTER FUND LP

411 WEST PUTNAM AVENUE
GREENWICH,CT06830
98-1500184
INVESTMENT CJ EMMA 1 FEEDER FUND LTD
 
Excluded 18,128,617 187,447,678   No     No 100 %
(17) ENDEAVOR CAPITAL PRIVATE INVESTMENTS I LP

410 GREENWICH AVENUE
GREENWICH,CT06830
82-3123572
INVESTMENT CT HHMI
 
Excluded 7,484,236 95,066,072   No     No 74 %
(18) FINANCIAL HYBRID OPPORTUNITY SPV I LLC

1313 DOLLEY MADISON BLVD
SUITE 306
MCLEAN,VA22101
82-5280920
INVESTMENT VA HHMI
 
Excluded 7,236,682 87,617,569   No     No 98 %
(19) GEM BVP CO-INV-A LP

900 NORTH MICHIGAN AVENUE
SUITE 1450
CHICAGO,IL60611
47-2251559
INVESTMENT IL HHMI
 
Excluded 0 5,328,996   No     No 100 %
(20) HH HOLDCO CO-INVESTMENT FUND LP

32 BROADWAY SUITE 1201
NEW YORK,NY10017
30-0864915
INVESTMENT NY HHMI
 
Excluded 152,221 1,723,319   No     No 96 %
(21) IG4 CAPITAL INFRASTRUCTURE CO-INVESTMENTS A LP

 
 
INVESTMENT JE HHMI
 
Excluded 2,202 28,190,638   No     No 78 %
(22) IG4 CAPITAL INFRASTRUCTURE CO-INVESTMENTS B1 LP

 
 
INVESTMENT JE HHMI
 
Excluded 0 5,588,636   No     No 81 %
(23) IG4 CAPITAL INFRASTRUCTURE CO-INVESTMENTS B2 LP

 
 
INVESTMENT JE HHMI
 
Excluded 0 5,588,636   No     No 81 %
(24) IG4 CAPITAL INFRASTRUCTURE CO-INVESTMENTS B3 LP

 
 
INVESTMENT JE HHMI
 
Excluded 0 5,588,636   No     No 81 %
(25) IG4 CAPITAL PRIVATE EQUITY INVESTMENTS II-A LP

 
 
INVESTMENT JE HHMI
 
Excluded 2,989,024 51,838,090   No     No 88 %
(26) IG4 CAPITAL PRIVATE EQUITY INVESTMENTS II-B LP

 
 
INVESTMENT JE HHMI
 
Excluded 2,989,024 51,838,090   No     No 88 %
(27) IG4 CAPITAL PRIVATE EQUITY INVESTMENTS II-C LP

 
 
INVESTMENT JE HHMI
 
Excluded 2,989,024 51,838,090   No     No 88 %
(28) JEWEL LUX HOLDCO SARL

 
 
98-1583270
INVESTMENT LU St Andrews SARL SICAV-RAIF
 
Excluded 6,575,959 57,266,797   No     No 69 %
(29) MADISON ACQUISITION 4 LP

540 MADISON AVENUE 33RD FL
NEW YORK,NY10022
36-4705548
INVESTMENT DE LSV ADVANTAGE INTERNATIONAL III-B LLC
 
Excluded -163,032 3,330,687   No     No 66 %
(30) MONARCH SPECIAL OPPORTUNITIES MASTER FUND LTD

 
 
INVESTMENT CJ MSOF HOLDINGS LTD
 
Excluded 13,833,613 87,348,776   No     No 95 %
(31) MSOF HOLDINGS LTD

 
 
INVESTMENT CJ MONARCH SPECIAL OPPORTUNITIES FUND LTD
 
Excluded 13,833,613 87,348,776   No     No 100 %
(32) NORTH PEAK CAPITAL ALPHA FUND LP

405 LEXINGTON AVENUE STE 5001
NEW YORK,NY10174
INVESTMENT DE HHMI
 
Excluded 0 0   No     No 100 %
(33) PRISMA CAPITAL SOLUTIONS FUND II B LP

C/O 152928 CANADA INC 199 BAY ST
5300 COMMERCE COURT WEST
TORONTO,ONTARIOM5L1B9
CA
98-1628774
INVESTMENT CA PRISMA CAPITAL SOLUTIONS FUND II FEEDER LP
 
Excluded 181,340 30,311,140   No     No 82 %
(34) PRISMA CAPITAL SPECIAL SITUTATIONS FUND I C LP

C/O 152928 CANADA INC 199 BAY ST
5300 COMMERCE COURT WEST
TORONTO,ONTARIOM5L1B9
CA
98-1468087
INVESTMENT CA PRISMA CAPITAL SPECIAL SITUATIONS FEEDER I LP
 
Excluded -1,335,699 40,343,621   No     No 57 %
(35) PSSI CO-INVESTMENT 1 LP

 
 
98-1492831
INVESTMENT CA PSSI CO-INVESTMENT FEEDER 1LP
 
Excluded -777,738 13,395,685   No     No 75 %
(36) PSSI COINVESTMENT 3 LP

 
 
98-1536870
INVESTMENT CA PSSI COINVESTMENT 3 FEEDER LP
 
Excluded 2,103,319 61,071,628   No     No 100 %
(37) QED SOL HOLDINGS LLC

251 LITTLE FALLS DRIVE
WILMINGTON,DE19808
INVESTMENT DE HHMI
 
Excluded 0 13,274,622   No     No 53 %
(38) RCH OIL AND GAS MIDSTREAM FUND

3953 MAPLE AVENUE
SUITE 180
DALLAS,TX75219
83-1010065
INVESTMENT TX HHMI
 
Excluded 38,451,732 159,451,189   No     No 100 %
(39) SOLUS OPPORTUNITIES FUND 2 LP

410 PARK AVENUE 11TH FLOOR
NEW YORK,NY10022
46-3541945
INVESTMENT NY HHMI
 
Excluded 1,841 20,279,290   No     No 88 %
(40) RADIAN CAPITAL I A LP

1250 BROADWAY 2602
NEW YORK,NY10000
84-5026436
INVESTMENT NY HHMI
 
Excluded 0 4,831,041   No     No 33 %
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Type of entity
(C corp, S corp,
or trust)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Percentage
ownership
(i)
Section 512(b)(13) controlled entity?
Yes No
(1) BLANTYRE MULANJE SPC

PO BOX 309 UGLAND HOUSE
GEORGE TOWN,GRAND CAYMANKY11104
CJ
INVESTMENT CJ HHMI
 
C Corporation 5,771,578 26,919,240 61 % Yes  
(2) BLANTYRE SPECIAL SITUATIONS FUND I LIMITED

PO BOX 309 UGLAND HOUSE
GEORGE TOWN,GRAND CAYMANKY11104
CJ
INVESTMENT CJ HHMI
 
C Corporation 22,012,424 126,529,826 59 % Yes  
(3) BLANTYRE SPECIAL SITUATIONS FUND II LIMITED

PO BOX 309 UGLAND HOUSE
GEORGE TOWN,GRAND CAYMANKY11104
CJ
INVESTMENT CJ HHMI
 
C Corporation -7,344,126 110,839,154 67 % Yes  
(4) BRIARWOOD CAPITAL (OFFSHORE) LTD

130 W 42ND ST
20TH FLOOR
NEW YORK,NY10036
INVESTMENT CJ HHMI
 
C Corporation 6,563,530 129,111,906 63 % Yes  
(5) ECHO STREET GOODCO NEW WORLD (OFFSHORE) LTD

12 EAST 49TH STREET 44TH FL
NEW YORK,NY10017
INVESTMENT CJ HHMI
 
C Corporation 0 210,468,253 54 % Yes  
(6) EJF IB FINANCING LP

WALKERS CORPORATE
27 HOSPITAL ROAD
GEORGE TOWN,GRAND CAYMANKY19008
CJ
98-1293036
INVESTMENT CJ HHMI
 
C Corporation 628,464 9,208,666 100 % Yes  
(7) ELLINGTON SYSTEMATIC CREDIT FUND LTD (FKA HH ELLINGTON FUND LTD)

WALKER HOUSE 87 MARY STREET
GEORGE TOWN,GRAND CAYMANKY11104
CJ
INVESTMENT CJ HHMI
 
C Corporation -2,259,635 28,756,611 100 % Yes  
(8) EMMA 1 FEEDER FUND LTD

89 NEXUS WAY CAMANA BAY
GEORGE TOWN,GRAND CAYMANKY11205
CJ
98-1500792
INVESTMENT CJ HHMI
 
C Corporation 18,127,819 167,413,126 100 % Yes  
(9) EPIRIS FUND II CO-INVESTMENT (B) 2 LP

 
 
98-1466593
INVESTMENT JE HHMI
 
C Corporation 240,811 10,706,999 89 % Yes  
(10) LINONIA PARTNERS OFFSHORE FUND LTD

C/O HEDGESERV CAYMAN LTD
6TH FL SIX CRICKET SQ
GEORGE TOWN,GRAND CAYMANKY11104
CJ
INVESTMENT CJ HHMI
 
C Corporation 0 0 65 % Yes  
(11) LSV ADVANTAGE INTERNATIONAL III LTD

89 NEXUS WAY 2/F CAMANA BAY
GEORGE TOWN,GRAND CAYMANKY11205
CJ
98-1300995
INVESTMENT CJ HHMI
 
C Corporation 0 639,637 100 % Yes  
(12) LSV ADVANTAGE INTERNATIONAL III-B LTD

89 NEXUS WAY 2/F CAMANA BAY
GEORGE TOWN,GRAND CAYMANKY11205
CJ
98-1315328
INVESTMENT CJ HHMI
 
C Corporation 167,704 13,272,830 100 % Yes  
(13) LSV ADVANTAGE INTERNATIONAL III-C LTD

89 NEXUS WAY 2/F CAMANA BAY
GEORGE TOWN,GRAND CAYMANKY11205
CJ
98-1331158
INVESTMENT CJ HHMI
 
C Corporation 6,065,035 15,899,323 100 % Yes  
(14) MONARCH SPECIAL OPPORTUNITIES FUND LTD

 
 
INVESTMENT CJ HHMI
 
C Corporation 14,413,901 94,223,227 100 % Yes  
(15) NEWFOUNDLAND TERRANOVA OFFSHORE FUND

89 NEXUS WAY CAMANA BAY
GEORGE TOWN,GRAND CAYMANKY19007
CJ
INVESTMENT CJ HHMI
 
C Corporation 0 0 52 % Yes  
(16) PRISMA CAPITAL SOLUTIONS FUND II FEEDER LP

199 BAY ST 5300 COMMERCE COURT WES
TORONTO,ONTARIOM5L1B9
CA
INVESTMENT CA HHMI
 
C Corporation -215,856 3,466,491 100 % Yes  
(17) PRISMA CAPITAL SPECIAL SITUATIONS FEEDER I LP

199 BAY ST 5300 COMMERCE COURT WES
TORONTO,ONTARIOM5L1B9
CA
98-1492831
INVESTMENT CA HHMI
 
C Corporation -5,100,894 97,578,589 100 % Yes  
(18) PSSI Co-Investment Feeder 1 LP

 
 
98-1678524
INVESTMENT CA HHMI
 
C Corporation 1,900,596 8,333,982 100 % Yes  
(19) PSSI COINVESTMENT FEEDER 3 LP

 
 
98-1552419
INVESTMENT CA HHMI
 
C Corporation -1,837,076 56,770,576 100 % Yes  
(20) SPECIAL SITUATIONS HH CARRY LP

PO BOX 309 UGLAND HOUSE
GEORGE TOWN,GRAND CAYMANKY11104
CJ
98-1513197
INVESTMENT CJ HHMI
 
C Corporation 0 4,233,453 100 % Yes  
(21) SQN INVESTORS OFFSHORE LTD

 
 
INVESTMENT CJ HHMI
 
C Corporation 14,803,249 122,367,273 0 % Yes  
(22) STAR ASIA JAPAN SPECIAL SITUATIONS IV FEEDER LP

125 GAITHER DR STE L
MOUNT LAUREL,NJ08054
98-1520753
INVESTMENT CJ HHMI
 
C Corporation 15,167,299 615,565,294 100 % Yes  
(23) STAR ASIA JAPAN SPECIAL SITUATIONS V FEEDER LP

125 GAITHER DR STE L
MOUNT LAUREL,NJ08054
98-1568847
INVESTMENT CJ HHMI
 
C Corporation 2,338,567 964,651,733 100 % Yes  
(24) WILLA A LP

 
 
98-1380677
INVESTMENT JE HHMI
 
C Corporation -11,418,472 9,535,678 100 % Yes  
Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
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
Yes
 
c Gift, grant, or capital contribution from related organization(s) ............................
1c
 
No
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
 
 
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
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
 
No
o Sharing of paid employees with related organization(s) ............................
1o
 
No
p Reimbursement paid to related organization(s) for expenses ............................
1p
 
No
q Reimbursement paid by related organization(s) for expenses ............................
1q
 
No
r Other transfer of cash or property to related organization(s) ............................
1r
 
No
s Other transfer of cash or property from related organization(s) ............................
1s
Yes
 
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization
(b)
Transaction
type (a-s)
(c)
Amount involved
(d)
Method of determining amount involved
(1) APCM OPPORTUNITY FUND LP

S 1,100,000 FMV
(2) Blossom Capital Co-Investment (S) LP

B 5,040,385 FMV
(3) Cerberus HH Partners LP

S 1,847,926 FMV
(4) Dark Roast Capital LP

B 2,300,000 FMV
(5) DCVR HM Strategic Partners LP (FKA ColHM Strategic Partners LP)

S 2,233,627 FMV
(6) Diakrisis Fund LP

S 36,000,000 FMV
(7) Echo Street Capital CV 1 LLC

B 80,000 FMV
(8) Endeavour Capital Private Investments I LP

S 11,768,760 FMV
(9) Financial Hybrid Opportunity SPV I LLC

S 5,776,224 FMV
(10) HH Holdco Co-Investment Fund LP

B 170,275 FMV
(11) HH Holdco Co-Investment Fund LP

S 170,275 FMV
(12) IG4 Capital Infrastructure Co-Investments A LP

B 800,000 FMV
(13) IG4 CAPITAL PRIVATE EQUITY INVESTMENTS II-A LP

B 3,081,502 FMV
(14) IG4 CAPITAL PRIVATE EQUITY INVESTMENTS II-B LP

B 3,081,502 FMV
(15) IG4 CAPITAL PRIVATE EQUITY INVESTMENTS II-C LP

B 3,081,502 FMV
(16) IG4 CAPITAL PRIVATE EQUITY INVESTMENTS II-A LP

S 1,456,324 FMV
(17) IG4 CAPITAL PRIVATE EQUITY INVESTMENTS II-B LP

S 1,456,324 FMV
(18) IG4 CAPITAL PRIVATE EQUITY INVESTMENTS II-C LP

S 1,456,324 FMV
(19) Madison Acquisition 4 LP

B 76,613 FMV
(20) Madison Acquisition 4 LP

S 493,134 FMV
(21) North Peak Capital Alpha Fund LP

B 250,000,000 FMV
(22) PSSI Co-Investment 1 LP

S 9,618,815 FMV
(23) Solus Opportunities Fund 2 LP

B 381,567 FMV
(24) Blantyre Mulanje SPC

S 17,813,428 FMV
(25) Blantyre Special Situations Fund I Limited

S 33,790,920 FMV
(26) Blantyre Special Situations Fund II Limited

B 7,965,200 FMV
(27) EJF IB Financing

B 704,000 FMV
(28) Ellington Systematic Credit Fund Ltd (fka HH Ellington Fund Ltd)

S 110,000,000 FMV
(29) Linonia Partners Offshore Fund Ltd

B 85,000,000 FMV
(30) LSV Advantage International III-B Ltd

B 1,173,778 FMV
(31) LSV Advantage International III-B Ltd

S 544,805 FMV
(32) LSV Advantage International III-C Ltd

B 196,647 FMV
(33) LSV Advantage International III-C Ltd

S 14,147,323 FMV
(34) Monarch Special Opportunities Fund Ltd

S 13,000,000 FMV
(35) Newfoundland Terra Nova Offshore Fund

B 42,096,871 FMV
(36) Newfoundland Terra Nova Offshore Fund

S 132,686,413 FMV
(37) Prisma Capital Solutions Fund II Feeder LP

B 71,847,345 FMV
(38) Prisma Capital Special Situations Feeder I LP

B 10,132,355 FMV
(39) Prisma Capital Special Situations Feeder I LP

S 23,934,715 FMV
(40) PSSI Co-Investment Feeder 3 LP

S 826,952 FMV
(41) SQN Investors Offshore Ltd

S 131,133,312 FMV
(42) Star Asia Japan Special Situations IV Feeder LP

B 6,170,935 FMV
(43) Star Asia Japan Special Situations IV Feeder LP

S 31,708,244 FMV
(44) PSSI Co-Investment Feeder 3 LP

B 2,517,613 FMV
Schedule R (Form 990) 2021
Schedule R (Form 990) 2021
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) 2021
Schedule R (Form 990) 2021
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) 2021

Additional Data


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