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        <DirectExpenseSummaryEventsAmt>328787</DirectExpenseSummaryEventsAmt>
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          <BusinessNameLine1Txt>UNIVERSITY OF MINNESOTA FOUNDATION</BusinessNameLine1Txt>
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          <AddressLine1Txt>CENTER OF GENOME ENGINEERING</AddressLine1Txt>
          <AddressLine2Txt>MORIARITYLABS</AddressLine2Txt>
          <CityNm>MINNEAPOLIS</CityNm>
          <StateAbbreviationCd>MN</StateAbbreviationCd>
          <ZIPCd>55455</ZIPCd>
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        <RecipientEIN>416042488</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>550000</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>CLN2 BATTEN DISEASE RESEARCH</PurposeOfGrantTxt>
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      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>LATUS BIO INC</BusinessNameLine1Txt>
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        <USAddress>
          <AddressLine1Txt>1 MARINA PARK DRIVE SUITE 1410</AddressLine1Txt>
          <CityNm>BOSTON</CityNm>
          <StateAbbreviationCd>MA</StateAbbreviationCd>
          <ZIPCd>02210</ZIPCd>
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        <RecipientEIN>133349872</RecipientEIN>
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        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>CLN2 BATTEN DISEASE RESEARCH</PurposeOfGrantTxt>
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      <RecipientTable>
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          <BusinessNameLine1Txt>THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION</BusinessNameLine1Txt>
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          <AddressLine1Txt>PO BOX 781352</AddressLine1Txt>
          <CityNm>PHILADELPHIA</CityNm>
          <StateAbbreviationCd>PA</StateAbbreviationCd>
          <ZIPCd>191781352</ZIPCd>
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        <RecipientEIN>232237932</RecipientEIN>
        <IRCSectionDesc>501(C)(3)</IRCSectionDesc>
        <CashGrantAmt>137000</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>CLN2 BATTEN DISEASE RESEARCH</PurposeOfGrantTxt>
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        <Desc>AUCTION ITEMS</Desc>
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        <NoncashContributionsRptF990Amt>258974</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>FAIR MARKET VALUE</MethodOfDeterminingRevenuesTxt>
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      <AnyPropertyThatMustBeHeldInd>0</AnyPropertyThatMustBeHeldInd>
      <ReviewProcessUnusualNCGiftsInd>0</ReviewProcessUnusualNCGiftsInd>
      <ThirdPartiesUsedInd>0</ThirdPartiesUsedInd>
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    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>STEPHANIE BORN, NICK SCHNEIDER AND MARK SCHNEIDER HAVE A FAMILY RELATIONSHIP. DAN BORN AND DAVE BORN HAVE A FAMILY RELATIONSHIP.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 8A</FormAndLineReferenceDesc>
        <ExplanationTxt>PER BYLAWS OF FOUNDATION, ALL DECISIONS MUST BE MAJORITY VOTE OF ALL BOARD MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 8B</FormAndLineReferenceDesc>
        <ExplanationTxt>PER BYLAWS OF FOUNDATION, ALL DECISIONS MUST BE MAJORITY VOTE OF ALL BOARD MEMBERS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PRESIDENT REVIEWS THE FORM 990 PRIOR TO ITS FILING. THE REVIEW INCLUDES CONFIRMING THE ACCURACY AND COMPLETENESS OF THE INFORMATION REPORTED AND ENSURING IT REFLECTS THE ORGANIZATION'S OPERATIONS FOR THE APPLICABLE TAX YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY APPLICABLE TO DIRECTORS, OFFICERS, AND MEMBERS OF BOARDDELEGATED COMMITTEES. IN ACCORDANCE WITH THE POLICY, INTERESTED PERSONS ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST, INCLUDING DIRECT OR INDIRECT FINANCIAL INTERESTS, PRIOR TO THE GOVERNING BOARD'S CONSIDERATION OF THE RELEVANT TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE, THE INTERESTED PERSON IS RECUSED FROM DISCUSSION AND VOTING, AND THE DISINTERESTED MEMBERS OF THE GOVERNING BOARD DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. WHEN A CONFLICT IS IDENTIFIED, THE GOVERNING BOARD EVALUATES WHETHER THE ORGANIZATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM AN UNRELATED PARTY AND DETERMINES WHETHER THE TRANSACTION IS FAIR, REASONABLE, AND IN THE ORGANIZATION'S BEST INTEREST. ALL DISCLOSURES, DELIBERATIONS, RECUSALS, AND DECISIONS ARE DOCUMENTED IN THE BOARD OR COMMITTEE MINUTES. VIOLATIONS OF THE POLICY ARE ADDRESSED THROUGH APPROPRIATE CORRECTIVE OR DISCIPLINARY ACTION AS NECESSARY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.</ExplanationTxt>
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</Return>