Glenn Foundation for Medical

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FORM 990-PF ATTACHMENTEXPLANATION OF CASH SET-ASIDEPART XI, LINE 3BSTATEMENT 12CASH SET ASIDE UNDER THE CASH DISTRIBUTION TEST INCLUDES:A. $800,000 TO BE DISTRIBUTED TO THE PAUL F. GLENN CENTER FOR THE BIOLOGY OF AGING RESEARCH AT HARVARD MEDICAL SCHOOL (THE "GLENN CENTER AT HMS"). THIS PAYMENT IS IN SUPPORT OF THE 2022-2023 GRANT YEAR ACTIVITY AT THE GLENN CENTER AT HMS AND WILL BE USED TO FUND RESEARCH INTO THE BIOLOGY OF NORMAL AGING WITH THE OBJECTIVE OF DEVELOPING INTERVENTIONS TO DELAY ITS ONSET AND PROGRESSION, THEREBY EXTENDING THE HEALTHY YEARS OF HUMAN LIFE.$1,000,000 TO BE DISTRIBUTED TO THE PAUL F GLENN CENTER FOR THE BIOLOGY OF AGING RESEARCH AT THE MAYO CLINIC (THE "GLENN CENTER AT MAYO"). THIS PAYMENT IS IN SUPPORT OF THE 2022-2023 GRANT YEAR ACTIVITY AT THE GLENN CENTER AT MAYO AND WILL BE USED TO FUND RESEARCH INTO THE BIOLOGY OF NORMAL HUMAN AGING WITH THE OBJECTIVE OF DEVELOPING INTERVENTIONS THAT WILL EXTEND THE HEALTHY YEARS OF HUMAN LIFE. B. THE PAYMENT OF $800,000 BY THE GLENN FOUNDATION FOR MEDICAL RESEARCH, INC. ("FOUNDATION") TO HARVARD MEDICAL SCHOOL, WAS MADE ON DECEMBER 29, 2022. THE PAYMENT OF $1,000,000 BY THE FOUNDATION TO THE MAYO CLINIC WAS MADE ON DECEMBER 14, 2022. C. THE AGREEMENT THAT INCLUDES THE OBLIGATION TO FUND THE 2022-2023 GRANT YEAR ACTIVITY AT THE GLENN CENTER AT HMS WAS ENTERED INTO EFFECTIVE JANUARY 1, 2018 AND AMENDED JANUARY 1, 2021. THE $800,000 SET-ASIDE PAYMENT IN SUPPORT OF THE GLENN CENTER AT HMS IDENTIFIED ABOVE IS FUNDING FOR THE 2022-2023 GRANT YEAR THAT COMMENCED FEBRUARY 1, 2022 AND CONTINUES THROUGH JANUARY 31, 2023. AS A CONSEQUENCE THE PROJECT FOR WHICH THIS DISTRIBUTION WAS SET ASIDE WAS NOT COMPLETE BY THE FOUNDATION'S TAXABLE YEAR END OF SEPTEMBER 30, 2022.THE AGREEMENT BETWEEN THE FOUNDATION AND THE MAYO CLINIC THAT INCLUDES THE OBLIGATION TO FUND THE 2022-2023 GRANT YEAR ACTIVITY AT THE GLENN CENTER AT MAYO WAS ENTERED INTO DECEMBER 17, 2018 AND AMENDED SEPTEMBER 21, 2021. THE $1,000,000 SET ASIDE PAYMENT IN SUPPORT OF THE GLENN CENTER AT MAYO IDENTIFIED ABOVE IS FUNDING FOR THE 2022-2023 GRANT YEAR THAT COMMENCED AUGUST 1, 2022 AND CONTINUES THROUGH JULY 31, 2023. AS A CONSEQUENCE THE PROJECT FOR WHICH THIS DISTRIBUTION WAS SET ASIDE WAS NOT COMPLETE BY THE FOUNDATION'S TAXABLE YEAR END OF SEPTEMBER 30, 2022.D. THE ATTACHED TABLE SETS FORTH THE FOLLOWING INFORMATION: (I) THE DISTRIBUTABLE AMOUNTS DETERMINED UNDER SECTION 4942(D) FOR PAST TAXABLE YEARS IN THE FOUNDATION'S START-UP AND FULL-PAYMENT PERIODS; AND (II) THE AGGREGATE AMOUNT OF ACTUAL PAYMENTS MADE IN CASH OR ITS EQUIVALENT, FOR PURPOSES DESCRIBED IN SECTION 170(C) (1) OR (2)(B), DURING EACH TAXABLE YEAR IN THE FOUNDATION'S START-UP AND FULL-PAYMENT PERIODS GLENN FOUNDATION FOR MEDICAL RESEARCH FORM 990-PF PAGE 8 - PART XI QUALIFYING DISTRIBUTIONS LINE 3B - CASH DISTRIBUTION TEST ATTACHMENTTAX YEAR DISTRIBUTABLE AMOUNTS ACTUAL PAYMENTS FOR TAX YEAR MADE IN TAX YEAR2021 $ 8,788,706.00 $ 7,783,610.002020 $ 8,284,356.00 $ 8,870,154.002019 $ 8,574,259.00 $ 8,389,430.002018 $ 9,000,015.00 $ 8,703,433.002017 $ 9,535,566.00 $11,143,383.002016 $10,180,304.00 $10,966,705.002015 $10,822,209.00 $11,930,328.002014 $11,582,101.00 $11,610,320.002013 $11,865,910.00 $11,544,308.002012 $11,744,027.00 $ 6,478,696.00 2011 $10,302,952.00 $ 9,362,595.002010 $ 9,153,652.00 $ 7,033,463.002009 $ 8,745,507.00 $ 5,763,938.002008 $ 4,243,535.00 $ 3,684,514.002007 $ 2,144,837.00 $ 2,830,289.002006 $ 1,578,364.00 $ 2,472,286.00 2005 $ 1,204,171.00 $ 712,427.002004 $ 1,190,622.00 $ 750,849.002003 $ 1,059,459.00 $ 1,205,429.002002 $ 904,858.00 $ 1,098,286.002001 $ 977,911.00 $ 1,222,529.002000 $ 1,448,652.00 $ 1,515,523.001999 $ 1,134,838.00 $ 872,546.001998 $ 686,070.00 $ 630,774.001997 $ 607,937.00 $ 532,172.001996 $ 616,007.00 $ 362,755.001995 $ 570,227.00 $ 515,876.001994 $ 468,058.00 $ 376,546.001993 $ 301,905.00 $ 374,204.001992* $ 181,624.00 $ 678,594.00 * THE 1992 QUALIFYING DISTRIBUTIONS INCLUDE A CARRYOVER OF $305,115 THAT WAS A RESULT OF A MERGER WITH A PREDECESSOR-IN-INTEREST PRIVATE FOUNDATION.

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Based on 55 grants on record

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Grants Awarded (55 total)

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