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Nonprofiteer
← PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY

Form 990 for tax year 2022

Filed by PARKER INSTITUTE FOR CANCER IMMUNOTHERAPY.

Totals

Total revenue
$32,769,137
Total expenses
$62,241,652
Contributions and grants received
$691,633
Grants paid
$18,087,363
Program services expenses (Part IX)
$53,636,140
Management and general expenses
$8,525,694
Fundraising expenses
$79,818
Program service expenses (Part III)
$53,636,140

Program services were 86.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JOHN CONNOLLY PHD

    CHIEF SCIENTIFIC OFFICER

    Total calculated
    $888,831
    From this org
    $854,600
    From related orgs
    $0
    Other
    $34,231
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $611,300
    Bonus
    $167,430
    Other
    $75,870
    Deferred
    $0
    Nontaxable benefits
    $34,231
    Filer's total
    $888,831

  • UTE DUGAN MD

    CHIEF MEDICAL OFFICER

    Total calculated
    $795,314
    From this org
    $751,934
    From related orgs
    $0
    Other
    $43,380
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $578,564
    Bonus
    $172,500
    Other
    $870
    Deferred
    $9,150
    Nontaxable benefits
    $34,230
    Filer's total
    $795,314

  • TARAK MODY

    CHIEF BUSINESS OFFICER

    Total calculated
    $630,133
    From this org
    $586,752
    From related orgs
    $0
    Other
    $43,381
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $450,882
    Bonus
    $135,000
    Other
    $870
    Deferred
    $9,150
    Nontaxable benefits
    $34,231
    Filer's total
    $630,133

  • JUSTIN FAIRCHILD

    VP CLINICAL DEV. THRU 9/30/22

    Total calculated
    $568,496
    From this org
    $535,136
    From related orgs
    $0
    Other
    $33,360
    Hours/week
    31

    Schedule J breakdown matched by us

    Base
    $299,580
    Bonus
    $0
    Other
    $235,556
    Deferred
    $7,687
    Nontaxable benefits
    $25,673
    Filer's total
    $568,496

  • SHANE CORCORAN

    SENIOR VP, STRAT. OPS. & COMMS

    Total calculated
    $563,937
    From this org
    $521,356
    From related orgs
    $0
    Other
    $42,581
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $400,486
    Bonus
    $120,000
    Other
    $870
    Deferred
    $9,150
    Nontaxable benefits
    $33,431
    Filer's total
    $563,937

  • LISA BUTTERFIELD

    VP RES. & DEV. THRU 7/31/22

    Total calculated
    $555,053
    From this org
    $525,443
    From related orgs
    $0
    Other
    $29,610
    Hours/week
    24

    Schedule J breakdown matched by us

    Base
    $249,088
    Bonus
    $0
    Other
    $276,355
    Deferred
    $7,032
    Nontaxable benefits
    $22,578
    Filer's total
    $555,053

  • SARA COBLIN

    SR VP FINANCE & ADMIN.

    Total calculated
    $553,208
    From this org
    $522,112
    From related orgs
    $0
    Other
    $31,096
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $401,242
    Bonus
    $120,000
    Other
    $870
    Deferred
    $9,150
    Nontaxable benefits
    $21,946
    Filer's total
    $553,208

  • LACEY PADRON

    VP INFORMATICS

    Total calculated
    $438,899
    From this org
    $400,026
    From related orgs
    $0
    Other
    $38,873
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $283,968
    Bonus
    $115,000
    Other
    $1,058
    Deferred
    $4,708
    Nontaxable benefits
    $34,165
    Filer's total
    $438,899

  • SEAN N PARKER

    CHAIR OF THE BOARD & DIRECTOR

    Total calculated
    $0
    Hours/week
    12 + 6 related

  • MICHAEL POLANSKY

    EXECUTIVE VP & DIRECTOR

    Total calculated
    $0
    Hours/week
    10 + 6 related

  • TOM VAN LOBEN SELS

    TREASURER & DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JEFFREY A BLUESTONE PHD

    VICE CHAIR & DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TONY COLES MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ERIC ESRAILIAN MD MPH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SCOTT GOTTLIEB MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BEN HOROWITZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JEFF HUBER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BOB HUGIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • REED JOBS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOEL MARCUS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BOB NELSEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRUCE PARKER PHD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BOB PITTMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RAMY IBRAHIM MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARGO GEORGIADIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SUSAN DAWSON

    SECRETARY

    Total calculated
    $0
    Hours/week
    10 + 5 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1a · Tax indemnification and gross-up payments
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
ANYONE TRAVELING OVER 3000 MILES CAN FLY BUSINESS CLASS OR FIRST CLASS (IF ONLY 2 LEVELS OF SERVICE ARE OFFERED). VP'S CAN TRAVEL BUSINESS OR FIRST CLASS FOR TRAVEL OVER 2000 MILES.
PART I, LINE 3
THE CHIEF EXECUTIVE OFFICER POSITION WAS VACANT DURING 2022. THE ORGANIZATION FOLLOWS THE FOLLOWING PROCEDURES IN DETERMINING SUCH COMPENSATION: THE BOARD OF DIRECTORS OR EXECUTIVE COMMITTEE REVIEWS ANY PROPOSED COMPENSATION, INCLUDING THE SALARY, OF ITS CHIEF EXECUTIVE OFFICER TO ENSURE THAT, IN EACH CASE, SUCH SALARY IS FAIR AND REASONABLE BASED ON COMPARABILITY DATA AND COMPENSATION STUDIES SHOWING COMPENSATION PAID FOR COMPARABLE SERVICES AT SIMILARLY SITUATED ORGANIZATIONS.
PART I, LINE 4A
DURING 2022, LISA BUTTERFIELD RECEIVED A SEVERANCE PAYMENT OF $201,841 AND JUSTIN FAIRCHILD RECEIVED A SEVERANCE PAYMENT OF $217,168.
PART I, LINE 7
MOST OF PICI'S EMPLOYMENT AGREEMENTS, WHICH ARE NEGOTIATED AT ARMS-LENGTH WITH REFERENCE TO COMPARABILITY DATA, CONTAIN A PROVISION PERMITTING ANNUAL INCENTIVE BONUSES, WHICH ARE CAPPED AT UP TO A FIXED PERCENTAGE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202303189349306385

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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