Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (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 |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (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. | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (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 | ||||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 64,550,069 | 78,663,392 | 74,814,815 | 80,032,509 | 87,513,057 | 385,573,842 |
| 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 | 44,011,112 | 40,612,662 | 33,331,903 | 29,832,465 | 20,343,456 | 168,131,598 |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | 0 | |||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | 0 | |||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | 0 | |||||
| 6 | Total. Add lines 1 through 5 | 108,561,181 | 119,276,054 | 108,146,718 | 109,864,974 | 107,856,513 | 553,705,440 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | 2,331,451 | 1,695,000 | 120,000 | 0 | 0 | 4,146,451 |
| 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. | 19,471,406 | 12,874,761 | 9,367,787 | 7,846,379 | 6,925,067 | 56,485,400 |
| c | Add lines 7a and 7b.. | 21,802,857 | 14,569,761 | 9,487,787 | 7,846,379 | 6,925,067 | 60,631,851 |
| 8 | Public support. (Subtract line 7c from line 6.) | 493,073,589 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 108,561,181 | 119,276,054 | 108,146,718 | 109,864,974 | 107,856,513 | 553,705,440 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 553,731 | 1,192,601 | 1,435,390 | 2,376,490 | 2,092,068 | 7,650,280 |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | 798,207 | 1,141,232 | 382,635 | 590,409 | 372,747 | 3,285,230 |
| c | Add lines 10a and 10b. | 1,351,938 | 2,333,833 | 1,818,025 | 2,966,899 | 2,464,815 | 10,935,510 |
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | 0 | 0 | 0 | 0 | 0 | |
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | 6,935 | 11,743 | 9,255 | 20,137 | 105,990 | 154,060 |
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 109,920,054 | 121,621,630 | 109,973,998 | 112,852,010 | 110,427,318 | 564,795,010 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 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) |
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| 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): |
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| 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 | ||||
| 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 2024 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-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| Schedule A, Part III, Line 12 Other Income | DESCRIPTION - MISCELLANEOUS INCOME, COLUMN A - 6935.0, COLUMN B - 11743.0, COLUMN C - 9255.0, COLUMN D - 20137.0, COLUMN E - 105990.0, COLUMN F - 154060.0; |
| Software ID: | 24020961 |
| Software Version: | 2024v5.1 |
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 1a Delegate broad authority to a committee | The governing body has delegated authority to act on its behalf to an Executive Committee. The Executive Committee may exercise any and all powers of the Board of Directors subject to the paramount power of the Board. The Executive Committee may convene between Board meetings to make decisions that cannot be delayed until the next Board meeting. The Executive Committee members are all voting directors. Specifically, the Executive Committee is comprised of the Chair of the Board, Vice Chair of the Board, Chair of the Finance and Audit Committee, Chair of the Nominating and Governance Committee, and Chair of the Compensation and HR Committee. |
| Form 990, Part VI, Line 2 Family/business relationships amongst interested persons | William A. Jeffrey, Ph.D. and Laura Wright - Business relationship |
| Form 990, Part VI, Line 4 Significant changes to organizational documents | The Bylaws were updated as follows: added narrative regarding resignation and leave of absence for directors, removed language regarding trustee as committee member, added the president as an ex officio voting member of all Board committees, corrected title of Chief People Officer, and removed references to CIO position. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | REVIEW OF 990 PRIOR TO FILING THE 990 IS REVIEWED BY MRIGLOBAL STAFF, INCLUDING THE CFO, CONTROLLER, AND CHIEF LEGAL OFFICER. A FINAL DRAFT VERSION IS ALSO REVIEWED BY MRIGLOBAL'S FINANCE AND AUDIT COMMITTEE. EACH MEMBER OF THE BOARD OF DIRECTORS RECEIVES A FINAL DRAFT VERSION OF THE 990 PRIOR TO THE APPLICABLE BOARD OF DIRECTORS' MEETING. ANY UPDATES RESULTING FROM THE REVIEW BY THE FINANCE AND AUDIT COMMITTEE ARE PRESENTED TO THE BOARD OF DIRECTORS AT THIS MEETING. |
| Form 990, Part VI, Line 12c Conflict of interest policy | Monitoring and Enforcement of Board Independence The officers, directors, and key employees of MRIGlobal are required to complete a disclosure statement on an annual basis. The disclosures set forth on the statements are presented to the Finance and Audit Committee of the MRIGlobal Board of Directors by the MRIGlobal Compliance Officer. The Finance and Audit Committee discusses the disclosure statements to determine if any potential conflict-of-interest situations exist with respect to the officers, directors, and key employees of MRIGlobal. At the following MRIGlobal Board meeting, an executive summary of the disclosure statements is presented to the Directors and the Finance and Audit Committee reports the outcome of its discussion to the Directors. The Directors are presented the opportunity to discuss the Finance and Audit Committee's findings or any other potential conflict-of-interest issues presented in the executive summary. Ultimately, the Board of Directors will determine whether a conflict of interest exists with respect to any officer, director, or key employee of MRIGlobal. The Finance and Audit Committee's findings and the Directors' discussion of potential conflict-of-interest situations are recorded in the minutes of the Board meeting, including determination of whether a conflict of interest exists, the names of the individuals involved, the nature of the potential conflict, the action taken, and the basis on which the Board reached its decision. MRIGlobal has certain procedures with respect to addressing a conflict-of-interest transaction. Any action to be taken by MRIGlobal involving or pertaining to an individual, entity or circumstance with respect to which an officer, director, or key employee (each, a covered person) has a conflicting interest will be discussed and voted on by the Board of Directors. The covered person will leave the meeting during the discussion of, and the vote on, the transaction or arrangement that may result in a conflict of interest. In considering any such action to be taken, the Board will undertake appropriate due diligence and inform itself of all material information reasonably available to it and explore all reasonable alternatives to the proposed action that would not involve the conflict of interest. The standard for the determination of whether to undertake the proposed action is whether such action is, based on a reasonable good-faith belief, (I) in MRIGlobal's best interest, (II) for its own benefit, and (III) fair and reasonable to MRIGlobal. The Board will document whether or not the conflict-of-interest transaction was approved, the names of the persons present for the discussion and vote, the content of the discussion, whether alternatives were discussed that did not involve a conflict of interest, the basis for the determination that the transaction was (I) in MRIGlobal's best interest, (II) for its own benefit, and (III) fair and reasonable to MRIGlobal, and the record of the vote taken with respect to who voted to approve the transaction. If the Board has reasonable cause to believe that a covered person has failed to disclose a conflict-of-interest situation, it will afford the covered person an opportunity to explain the alleged failure to disclose. If, after hearing the response of the covered person and making such further investigation as may be warranted under the circumstances, the Board determines that the covered person has in fact failed to disclose a conflict-of-interest situation, it will take appropriate corrective actions. The MRIGlobal conflict-of-interest policy requires that the officers, directors, and employees of MRIGlobal disclose any potential conflict-of-interest situation to the appropriate party, including an employee's supervisor, a representative of Human Resources, the Compliance Officer, the Board of Directors, or the MRIGlobal Ethics Hotline, upon awareness that a conflict of interest may exist. Potential conflict-of-interest situations associated with employees (other than officers, directors, and key employees) are handled by the MRIGlobal Compliance Officer, in collaboration with the employee's supervisor and MRIGlobal Executive Management, as appropriate. All MRIGlobal employees are required on an annual basis to complete a compliance questionnaire, which affords them the opportunity to disclose any potential conflict-of-interest situations that have not already been reported or to certify that they are not aware of any potential conflict-of-interest situations. Failure to disclose a potential conflict of interest situation may result in corrective action to the employee. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | MRIGlobal's Compensation and HR Committee (Committee) of the Board of Directors is responsible for reviewing and approving executive compensation in all areas. On an annual basis, the Committee reviews and approves compensation for executive officers of the organization. The Committee reviews and approves the CEO's performance evaluations and compensation recommendations for the executives. The Committee is informed of summary data on the organization's employee population (e.g. total personnel costs, employee diversity, turnover, etc.). The Committee utilizes compensation survey data, provided by an outside party, to benchmark compensation against similarly situated companies. The Committee's minutes document the decisions and basis used for MRIGlobal's executive compensation. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | See response for Part VI, Line 15a |
| Form 990, Part VI, Line 19 Required documents available to the public | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS - MRIGLOBAL'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. MRIGLOBAL'S CONFLICT-OF-INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | EQUITY IN EARNINGS OF ALLIANCE LLC - 5674147; PENSION ADJUSTMENT - -15157; Loss on uncollectible pledges - -18451; CHANGE IN FAIR VALUE OF INTEREST SWAP - -105551; Total - 5534988; |
| Software ID: | 24020961 |
| Software Version: | 2024v5.1 |