2024-11-15T17:34:12-06:00 2023-12-31 KPMG LLP 301 Main Street Suite 2150 Baton Rouge LA 70801 990 2023-01-01 263505355 Adrienne Helis Malvin Medical Research Foundation % MICHAEL F SCHOTT ADRI 5045231831 201 St Charles Avenue Ste 2600 New Orleans LA 70170 Michael Schott Vice Pres/Trustee 5045231831 2024-11-07 true true Ryan Hooks P00746825 2253444000 2024-11-14 2023 2024-10-15 13:58:12Z DAVID A KERSTEIN PRESIDENT 201 St Charles Avenue Ste 2600 New Orleans LA 70170 7009506 false X N/A X 2008 LA Continuous active conduct of medical research - Cancer and Parkinson's disease in conjunction with Baylor College of Medicine and in conjunction with Johns Hopkins Medicine 4 4 6 4 -1677062 0 0 0 0 0 11361965 4134718 634432 1150618 11996397 5285336 0 0 0 0 803714 787609 0 0 0 1037461 859946 1841175 1647555 10155222 3637781 29786235 33333970 42509 49446 29743726 33284524 X THE PRINCIPAL PURPOSE OF THE ORGANIZATION IS TO DIRECTLY ENGAGE IN THE CONTINUOUS ACTIVE CONDUCT OF MEDICAL RESEARCH IN CONJUNCTION WITH HOSPITALS - BAYLOR COLLEGE OF MEDICINE, HOUSTON, TEXAS, AND JOHNS HOPKINS MEDICINE, BALTIMORE, MARYLAND. RESEARCH SUBJECTS INCLUDE THE AREAS OF CANCER AND PARKINSON'S DISEASE. false false 144269 Research at Baylor College of Medicine Title of the Project: Identify SRC-3 SMI Med Inducer Program Investigator: Dr. Brian York 178228 Research at Johns Hopkins Medicine Title of the Project: Cell-Type Specific Proteome Dynamics in the Parkinsons Brain Principal Investigator: Chan-Hyun Na 247612 Research at Baylor College of Medicine Title of the Project: Characterizing CELF1-Driven Translation of EMI Drivers Investigator: Joel Neilson 779365 1349474 true false false false false false false false false false true true false false false true true false false false true false false false false false false false false false false false false false false false false false false false false false false true false false true true 14 0 true 6 true true true true CJ false false false false false false false false false false X 4 4 true false false false true true false true false false true true true true false false false false true true LA X MICHAEL F SCHOTT 5045231831 201 ST CHARLES AVE SUITE 2600 New Orleans LA 70170 X David A Kerstein President/Trustee 1.0 2.0 X X 0 0 0 Michael F Schott Vice President/Trustee 1.0 2.0 X X 0 0 0 Linda A Reeg Secretary/Trustee 1.0 2.0 X X 0 0 0 Jane C Fiegler Trustee/Treasurer 1.0 2.0 X X 0 0 0 0 0 0 0 false false false 0 0 0 3789865 -1677062 5466927 0 869765 869765 0 0 1678 0 -1678 0 -1678 -1678 1437753 629592 1577445 145047 -139692 484545 344853 344853 0 0 0 0 0 0 0 0 0 PORTFOLIO ADVISORS VIII (OFFSHORE) 900099 32935 32935 PORTFOLIO ADVISORS IX (OFFSHORE) 900099 230417 230417 PORTFOLIO ADVISORS SECOND FUND III (OFFSHORE) 900099 19179 19179 282531 5285336 -1677062 6962398 0 0 0 0 0 0 599271 599271 16446 16446 154376 154376 17516 17516 0 20718 20718 32242 19121 13121 0 0 0 137200 96700 40500 0 0 7094 7094 0 43798 28023 15775 22915 22915 0 14784 14784 1989 1989 0 166980 23750 143230 22921 22921 MEDICAL SUPPLIES 278339 278339 STUDENT SCHOLAR AWARD 27500 27500 OTHER PORTFOLIO EXPENSES 76667 76667 FOREIGN TAXES 3799 3799 0 3000 3000 1647555 1349474 298081 0 X 185392 144907 694052 290749 0 0 0 0 0 0 0 0 0 0 0 0 423517 717501 566111 490003 99859 76108 7530354 7238164 20127275 24866541 0 0 0 0 725786 0 29786235 33333970 42509 49446 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 42509 49446 X 0 0 0 0 29743726 33284524 29743726 33284524 29786235 33333970 X 3637781 -324993 228010 X X false true X false false X Baylor College of Medicine Houston TX John's Hopkins Medicine Baltimore MD 566111 490003 76108 76108 21404973 C ALPHAQUEST ORIGINAL LTD 1214232 F REVERE CAPITAL ADVISORS LLC 210 C PORTFOLIO ADVISORS VIII OFFSHO 573599 C PORTFOLIO ADV REAL ESTATE VI 727971 C PORTFOLIO SEC FUND III OFFSHOR 345482 C PORTFOLIO ADVISORS IX OFFSHORE 600074 C 24866541 0 0 X 14003319 -172670 8890653 8717983 5285336 5285336 1438555 -169205 -169205 1607760 39795 39795 1647555 ASC 740 (FIN 48) FOOTNOTE The Foundation does not believe that there are any unrecognized tax benefits/liabilities that should be recorded. Part XI, Line 2d Partnership Investments - Equity in Earnings Adjustment $8,890,653 Part XII, line 2d Royalty Cost Depletion - Equity in Earnings Adjustment ($-0-) Royalty % Depletion - Equity in Earnings Adjustment ($ 143,230 ) Partnership Investments - Equity in Earnings Adjustment ($ 25,975) Part XII, line 4b Partnership Investments - Equity in Earnings Adjustment $ 39,795 Central America and the Caribbean Investments 3562386 3562386 3562386 true false true true false false Form 990, Page 6, Part VI, Section B, Line 12C Enforcement of Conflicts Policy: The organization's trustees are required to disclose annually any possible interests that could rise to a conflict of interest. No conflict of interest has arisen to date. The trustees maintain discussions with outside legal counsel to determine any additional needs of enforcement. If a potential conflict arises during the year, the situation is reviewed by the governing board or committee. With any conflict, the conflicted trustee is excused from the related board vote. Form 990, Page 6, Part VI, Section B, Line 11B Organization's Process to Review Form 990: The organization's trustees and officers review the Form 990 in conjunction with the Tax Preparers prior to filing the return. Form 990, Page 6, Part VI, Section C, Line 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 1023, FINANCIAL STATEMENTS, AND FORM 990 AVAILABLE UPON REQUEST. INTERESTED PARTIES SHOULD DIRECT THE REQUEST TO: MR. MICHAEL F. SCHOTT 201 ST. CHARLES AVENUE, SUITE 2600 NEW ORLEANS, LA 70170 Form 990, Page 6, Part VI, Section B Policies, Line 15A and 15B Compensation of Officers and Key Employees: The organization does not compensate any officers or key employees. Thus its process for determining compensation does not include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision. The Director of Research and Advisory Board Members are independent consultants each paid less than $100,000 per year. The employees are paid based on the scale of the hospital where they conduct research. Form 990, Page 6, Part VI, Section A, Line 8A Governing Body Committees: The foundation does not have any committees at this time. Form 990, Page 6, Part VI, Section A, Line 2 Relationships between Officers: David A. Kerstein, Michael F. Schott, Jane C. Fiegler, and Linda A. Reeg - business relationship. Form 990, Page 6, Part VI, Section A, Line 6 Members of Organization: The Foundation has three members. Form 990, Page 6, Part VI, Section A, Line 7A Election of Governing Body: The members of the Foundation may elect the members of the governing body. Form 990, Schedule A, Part I, Line 4 Public Charity Status and Public Support: The organization operates ongoing research projects with hospitals described in Section 170(b)(1)(A)(iii). The hospitals are Baylor College of Medicine in Houston, TX, in the subject area of Cancer research and with Johns Hopkins Medicine in Baltimore, MD, in the subject area of Parkinson's research. Form 990, Page 12, Part XI, Line 9 Reconciliation of Net Assets: Partnership income(loss) included on return not included in book income. ( $ 84,780) Royalty Interest Percentage Depletion deducted on return not included in book income. ( $143,230 ) SECTION 1.263(a)-1(f) DE MINIMIS SAFE HARBOR ELECTION THE TAXPAYER IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION DESCRIBED IN REG. 1.263(A)-1(F) WITH RESPECT TO AMOUNTS PAID IN THE TAXABLE YEAR FOR TANGIBLE PROPERTY DESCRIBED IN REG. 1.263(A)-1(F)(1) AND FOR WHICH THE REQUIREMENTS OF REG. 1.263(A)-1(F)(1)(i) ARE MET. ADRIENNE HELIS MALVIN MEDICAL RESEARCH FOUNDATION 201 ST. CHARLES AVENUE, SUITE 2600 NEW ORLEANS, LA 70170 EIN: 26-3505355 SECTION 1.263(a)-3(n) - ELECTION TO CAPITALIZE REPAIR & MAINTENANCE COSTS UNDER IRC REGULATION SECTION 1.263(A)-3(N), THE TAXPAYER HEREBY ELECTS TO CAPITALIZE REPAIR AND MAINTENANCE COSTS. ADRIENNE HELIS MALVIN MEDICAL RESEARCH FOUNDATION 201 ST. CHARLES AVENUE, SUITE 2600 NEW ORLEANS, LA 70170 EIN: 26-3505355 Form 990, Page 2, Part III Line 4d In addition to the three projects listed in Part III Page 2, the Adrienne Helis Malvin Medical Research Foundation (AHMMRF) engages in medical research projects at Baylor College of Medicine (BCM) in Houston, TX which had 4 ongoing projects during the 2023 year in the area of cancer as well 2 new and 2 ongoing projects in the area of Parkinsons projects at Johns Hopkins Medicine, Baltimore, MD. Our researchers are publishing project findings in various peer reviewed journals. The Helis Foundation 201 St Charles Ave Ste 2600 New Orleans LA 70170 726020536 Charitable LA 509(A) PF NA false Diana Helis Henry Medical Research 201 St Charles Avenue Ste 2600 New Orleans LA 70170 320145886 Medical LA 501(C)3 4 NA false Foundation Research N/A false false false false false false false false false false false false false false false false false false Estate of William G Helis 201 St Charles Ave Suite 2600 New Orleans LA 70170 720514456 Oil & Gas LA Excluded Sec 512-514 false 4658725 150068342 false -1724225 false 0.20833