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NEW YORK METS FOUNDATION INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
NEW YORK METS FOUNDATION INC (EIN 13-6159029)
Tax period
2022-11-01 to 2023-10-31
Filed
2024-03-06
IRS object ID
202420669349300442
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-03-06T12:46:43-06:00ReturnTs
Tax Period End2023-10-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN135565207PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1345 PARK AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP101540102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN136159029EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NEW YORK METS FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNEWYBusinessNameControlTxt
Phone7185076387PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CITI FIELD 41 SEAVER WAYAddressLine1Txt
CityFLUSHINGCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11368ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHEN CANNAPersonNm
Person TitleTREASURERPersonTitleTxt
Phone7185076387PhoneNum
Signature2024-03-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSTEPHENPersonFirstNm
Person LastCANNAPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDEVIN L DUNCANPreparerPersonNm
PTINP01249521PTIN
Phone2127589700PhoneNum
Preparation2024-03-04PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Final ReturnYes (X)FinalReturnInd
Principal OfficerALEXANDRA COHENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CITI FIELD 41 SEAVER WAYAddressLine1Txt
CityFLUSHINGCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11368ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$41,867GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1963FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionSEE SCHEDULE O.ActivityOrMissionDesc
Contract TerminationYes (X)ContractTerminationInd
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers4TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$305CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$9,912PYInvestmentIncomeAmt
CY Investment Income$41,562CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$9,912PYTotalRevenueAmt
CY Total Revenue$41,867CYTotalRevenueAmt
PY Grants And Similar Paid$6,610PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,630,704CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$80,599PYOtherExpensesAmt
CY Other Expenses$57,655CYOtherExpensesAmt
PY Total Expenses$87,209PYTotalExpensesAmt
CY Total Expenses$1,688,359CYTotalExpensesAmt
PY Revenues Less Expenses-$77,297PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,646,492CYRevenuesLessExpensesAmt
Total Assets BOY$1,646,492TotalAssetsBOYAmt
Total Assets EOY$0TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,646,492NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$0NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE NEW YORK METS FOUNDATION FUNDS AND PROMOTES A VARIETY OF EDUCATIONAL, SOCIAL AND ATHLETIC PROGRAMS AND OTHER CHARITABLE CAUSES. FOR MORE INFORMATION, SEE SCHEDULE O.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant ChangeYes (1)SignificantChangeInd
Expense$1,630,704ExpenseAmt
Grant$1,630,704GrantAmt
DescGRANTS TO OTHER CHARITABLE ORGANIZATIONS AND CAUSES INCLUDING COMMUNITY ORGANIZATIONS, SCHOLARSHIP FUNDS, PUBLIC PARKS IMPROVEMENT PROJECTS, VARIOUS SOCIAL SERVICE ORGANIZATIONS AND OTHER ORGANIZED CHARITIES THAT BENEFIT THE COMMUNITY AS A WHOLE.Desc
Total Program Service Expenses$1,630,704TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate OperationsYes (1)TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc0RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MADELEINE HARDIEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2038904293PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CITI FIELD 41 SEAVER WAYAddressLine1Txt
CityFLUSHINGCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11368ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
ALEXANDRA COHEN
TRUSTEE/EXEC VP1.0049.00Yes (X)Yes (X)$0$0$0
STEVEN COHEN
TRUSTEE1.0049.00Yes (X)$0$0$0
STEPHEN CANNA
TRUSTEE/TREASURER1.0049.00Yes (X)Yes (X)$0$0$0
JEANNE MELINO
SECRETARY1.0049.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$305AllOtherContributionsAmt
Total Contributions$305TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$41,562TotalRevenueColumnAmt
Exclusion$41,562ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$41,867TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$41,562ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,630,704TotalAmt
Program Services$1,630,704ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$33,155TotalAmt
Management And General$33,155ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$24,500TotalAmt
Management And General$24,500ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,688,359TotalAmt
Program Services$1,630,704ProgramServicesAmt
Management And General$57,655ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,646,492BOYAmt
EOY$0EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,646,492BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,646,492BOYAmt
EOY$0EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,646,492BOYAmt
EOY$0EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,646,492BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,646,492ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$857,184CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,306,699CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$643,294CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$305CurrentTaxYearAmt
Total$2,807,482TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$857,184CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,306,699CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$643,294CurrentTaxYearMinus2YearsAmt
Current Tax Year$305CurrentTaxYearAmt
Total$2,807,482TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,698,989SubstantialContributorsTotAmt
Public Support Total170$1,108,493PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$14,498CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11,435CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,240CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,912CurrentTaxYearMinus1YearAmt
Current Tax Year$41,562CurrentTaxYearAmt
Total$78,647TotalAmt
FieldValueIRS element (for citing)
Total Support$2,886,129TotalSupportAmt
Gross Receipts Rltd Activities$75,648GrossReceiptsRltdActivitiesAmt
Public Support CY1700.38410PublicSupportCY170Pct
Public Support PY1700.39940PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1AMAZIN' METS FOUNDATION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CITI FIELD 41 SEAVER WAYAddressLine1Txt
CityFLUSHINGCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11368ZIPCd
FieldValueIRS element (for citing)
Recipient EIN861432100RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$1,630,704CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantCHARITABLE PURPOSESPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationPROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S.: THE EXECUTIVE VICE PRESIDENT REVIEWS AND APPROVES ALL GRANTS AND SIGNS ALL CHECKS.ExplanationTxt

Schedule N IRS990ScheduleN

Liquidation Of Assets Table LiquidationOfAssetsTableGrp

Liquidation Of Assets Detail LiquidationOfAssetsDetail (3 entries)

Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDescDistributionDistributionDtFair Market Value Of AssetFairMarketValueOfAssetAmtMethod Of FMV DeterminationMethodOfFMVDeterminationTxtEINEINAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdIRC SectionIRCSectionTxt
KPMG LLP
TAX & ACCOUNTING FEES2023-08-15$24,500FIXED FEE135565207345 PARK AVENUENEW YORKNY10154PARTNERSHIP
PATTERSON BELKNAP WEBB & TYLER LLP
LEGAL FEES2023-08-25$33,155HOURLY RATE1356229511133 AVENUE OF THE AMERICASNEW YORKNY10036PARTNERSHIP
AMAZIN' METS FOUNDATION INC
REMAINING CASH ASSETS2023-08-25$1,630,704BOOK VALUE861432100CITI FIELD 41 SEAVER WAYFLUSHINGNY11368501(C)(3)
FieldValueIRS element (for citing)
Director Of SuccessorYes (1)DirectorOfSuccessorInd
Employee Of Successor0EmployeeOfSuccessorInd
Owner Of Successor0OwnerOfSuccessorInd
Receive Compensation0ReceiveCompensationInd
Assets DistributedYes (1)AssetsDistributedInd
Required To Notify AGYes (1)RequiredToNotifyAGInd
Attorney General NotifiedYes (1)AttorneyGeneralNotifiedInd
Liabilities PaidYes (1)LiabilitiesPaidInd
Bonds Outstanding0BondsOutstandingInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 2E:EXPLANATION OF INVOLVEMENT: THE FOLLOWING INDIVIDUALS ARE TRUSTEES AND/OR OFFICERS OF NEW YORK METS FOUNDATION AND AMAZIN' METS FOUNDATION, THE ORGANIZATION TO WHICH THE NEW YORK METS FOUNDATION'S REMAINING ASSETS WERE DISTRIBUTED: ALEXANDRA COHEN, STEVEN COHEN, STEPHEN CANNA AND JEANNE MELINO.
PART I, LINE 3:NEW YORK METS FOUNDATION CEASED CONDUCTING ACTIVITIES AND DISSOLVED OPERATIONS DURING FY23. IN ACCORDANCE WITH SECTION 8 OF ITS CERTIFICATE OF INCORPORATION, AFTER ALL DEBTS WERE SATISFIED, NEW YORK METS FOUNDATION DISTRIBUTED REMAINING ASSETS TO AMAZIN' METS FOUNDATION, AN ORGANIZATION EXEMPT FROM TAX UNDER SECTION 501(C)(3).

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 3PROGRAM SERVICE ACCOMPLISHMENTS NEW YORK METS FOUNDATION CEASED CONDUCTING ACTIVITIES AND DISSOLVED OPERATIONS DURING FY23. IN ACCORDANCE WITH SECTION 8 OF ITS CERTIFICATE OF INCORPORATION, AFTER ALL DEBTS WERE SATISFIED, NEW YORK METS FOUNDATION DISTRIBUTED REMAINING ASSETS TO AMAZIN' METS FOUNDATION, AN ORGANIZATION EXEMPT FROM TAX UNDER SECTION 501(C)(3).
FORM 990, PART I, LINE 1 AND PART III, LINE 1ORGANIZATION MISSION THE NEW YORK METS FOUNDATION FUNDS AND PROMOTES A VARIETY OF EDUCATIONAL, SOCIAL AND ATHLETIC PROGRAMS AND OTHER CHARITABLE CAUSES THAT BENEFIT CHILDREN AND OTHERS IN NEED. A REGISTERED 501(C)(3) CHARITY, THE NEW YORK METS FOUNDATION TAKES NO PORTION OF THE FUNDS RAISED TO OFFSET INTERNAL COSTS EXCEPT FOR EXPENSES DIRECTLY RELATED TO OTHER COMMUNITY SUPPORT PROGRAMS. RELATED ORGANIZATIONS PAY 100% OF THE FOUNDATION'S OVERHEAD TO ENSURE THAT THE MAJORITY OF A DONATION IS DIRECTED TOWARD HELPING OTHERS.
FORM 990, PART VI, SECTION A, LINE 2BUSINESS & FAMILY RELATIONSHIPS THE FOLLOWING TRUSTEES HAVE A FAMILY RELATIONSHIP: STEVEN COHEN AND ALEXANDRA COHEN THE FOLLOWING TRUSTEES AND OFFICERS HAVE A BUSINESS RELATIONSHIP: STEVEN COHEN, ALEXANDRA COHEN, STEPHEN CANNA AND JEANNE MELINO
FORM 990, PART VI, SECTION A, LINE 8BCOMMITTEE MEETING DOCUMENTATION LINE 8B IS NOT APPLICABLE, AS THE BOARD OF TRUSTEES DOES NOT HAVE SEPARATELY IDENTIFIED COMMITTEES.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 REVIEW FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM UTILIZING INFORMATION PROVIDED BY MANAGEMENT. PRIOR TO FILING WITH THE IRS, RETURNS ARE REVIEWED BY MANAGEMENT AND BOTH THE SECRETARY AND TREASURER OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENT AVAILABILITY THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART VII, SECTION A:VOLUNTEER EXCEPTION EACH INDIVIDUAL LISTED ON PART VII IS A VOLUNTEER OFFICER AND/OR TRUSTEE OF THE NEW YORK METS FOUNDATION.
FORM 990, HEADING, ITEM BFINAL RETURN THE NEW YORK METS FOUNDATION CEASED CONDUCTING ACTIVITIES DURING FY23. IN ACCORDANCE WITH SECTION 8 OF ITS CERTIFICATE OF INCORPORATION, AFTER ALL DEBTS WERE SATISFIED, THE NEW YORK METS FOUNDATION DISTRIBUTED ITS REMAINING ASSETS TO AMAZIN' METS FOUNDATION, INC., AN ORGANIZATION EXEMPT FROM TAX UNDER SECTION 501(C)(3), ON AUGUST 25, 2023. THE BOARD RESOLVED TO DISSOLVE THE ENTITY ON AUGUST 28, 2023 AND FILED THE REQUISITE PAPERWORK WITH THE NEW YORK STATE ATTORNEY GENERAL AND NEW YORK STATE DEPARTMENT OF STATE SHORTLY THEREAFTER. THE NEW YORK STATE ATTORNEY GENERAL'S OFFICE APPROVED THE DISSOLUTION ON NOVEMBER 1, 2023. THE NEW YORK STATE DEPARTMENT OF STATE'S OFFICE CERTIFIED THE DISSOLUTION ON NOVEMBER 2, 2023 (AS EVIDENCED BY THE ATTACHED DISSOLUTION DOCUMENTATION.) DESPITE AN ADMINISTRATIVE DELAY THAT RESULTED IN THE OFFICIAL DATE OF DISSOLUTION OF NOVEMBER 2, 2023, ALL FOUNDATION ASSETS WERE DISTRIBUTED AND THE BALANCE SHEET WAS ZERO PRIOR TO OCTOBER 31, 2023, IN LINE WITH THE NEW YORK METS FOUNDATION'S INTENTION TO DISSOLVE BY ITS 2023 FISCAL YEAR-END. THEREFORE, THE NEW YORK METS FOUNDATION IS FILING A FINAL TAX RETURN AS OF OCTOBER 31, 2023.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
AMAZIN' METS FOUNDATION INC
41 SEAVER WAYFLUSHINGNY11368861432100COMMUNITY SERVICEDE501(C)(3)LINE 7N/A0
STEVEN & ALEXANDRA COHEN FOUNDATION INC
46 CUMMINGS POINT ROADSTAMFORDCT06902061627638GRANTMAKING FDNCT501(C)(3)PFN/A0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE R, PARTS III AND IVFormAndLineReferenceDesc
ExplanationALEXANDRA AND STEVEN COHEN TOGETHER CONTROL THE NEW YORK METS FOUNDATION, AND THEY ALSO HAVE A CONTROLLING INTEREST IN NUMEROUS BUSINESS ENTITIES THAT DO NOT ENGAGE IN TRANSACTIONS WITH THE FOUNDATION, DID NOT ENGAGE IN ANY TRANSACTIONS WITH THE FOUNDATION DURING THE FILING YEAR AND ARE NOT REPORTED IN PARTS III AND IV OF SCHEDULE R.ExplanationTxt

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