2024-08-07T15:35:24-05:00 2023-09-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2022-10-01 521152624 UNIVERSITY OF DC FOUNDATION INC UNIV 2022745312 4200 CONNECTICUT AVENUE NW WASHINGTON DC 20008 RODNEY TRAPP EXECUTIVE SECRETARY 2022745312 2024-08-07 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2022 2024-08-08 14:25:15Z DOUGLAS FIRSTENBERG 4200 CONNECTICUT AVENUE NW WASHINGTON DC 20008 4517138 0 X WWW.UDC.EDU/FOUNDATION X 1978 DC SEE PART III, LINE 1. 11 10 0 15 0 0 5547962 3046500 0 0 514450 713095 0 1392 6062412 3760987 1074758 1491148 0 0 94961 164950 0 40000 94867 889543 1840441 2059262 3536539 4003150 224448 16880614 18275139 16393 228415 16864221 18046724 THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR SCIENTIFIC, LITERARY, CHARITABLE, EDUCATIONAL PURPOSES FOR THE BENEFIT OF THE UNIVERSITY OF THE DISTRICT OF COLUMBIA. 0 0 2798994 1491148 PROVIDED SCHOLARSHIPS, FELLOWSHIPS AND INTERNSHIPS SUPPORT TO STUDENTS AT THE UNIVERSITY OF THE DISTRICT OF COLUMBIA. 2798994 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 62 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X RODNEY TRAPP 2022745312 4200 CONNECTICUT AVENUE NW WASHINGTON DC 20008 RONALD F MASON JR DIRECTOR (UNTIL 07/23) 1.00 40.00 X 0 426756 0 DOUGLAS FIRSTENBERG PRESIDENT 1.00 X X 0 0 0 MAURICE EDINGTON DIRECTOR (FROM 08/23) 1.00 40.00 X 0 0 0 BEVERLY J BURKE VICE PRESIDENT 1.00 X X 0 0 0 TROY LEMAILE-STOVALL TREASURER 1.00 X X 0 0 0 MICHAEL B GOLDSTEIN SECRETARY 1.00 X X 0 0 0 JOSEPH PERTA DIRECTOR 1.00 X 0 0 0 TSHAKA CUNNINGHAM DIRECTOR 1.00 X 0 0 0 JANICE ADAMS DIRECTOR 1.00 X 0 0 0 JUDITH F TERRA DIRECTOR 1.00 X 0 0 0 CAROLYN RUDD DIRECTOR 1.00 1.00 X 0 0 0 BARRINGTON D SCOTT I DIRECTOR 1.00 1.00 X 0 0 0 RODNEY E TRAPP EXECUTIVE SECRETARY 25.00 25.00 X 0 156568 29956 0 583324 29956 0 0 1 0 COMMUNITY COUNSELLING SERVICE CO LLC 527 MADISON AVE 5TH FL NEW YORK NY 10022 CONSULTING 262500 1 8502 1323586 1714412 162483 3046500 535527 535527 933719 756151 177568 177568 177568 OTHER REVENUE 900099 1392 1392 1392 3760987 0 0 714487 X 1491148 1491148 155461 83298 27061 45102 9489 5084 1652 2753 143500 98568 43291 1641 107320 107320 40000 40000 61077 61077 470830 388111 79699 3020 89459 56542 32917 87850 78325 9525 40098 25622 12125 2351 15892 15892 71523 61050 10473 9128 2343 6785 PROGRAM COSTS 290802 286513 4289 BAD DEBTS 230275 230275 CONTRIBUTIONS & GIFTS 174539 162734 11805 HONORARIUMS AND AWARDS 37665 37665 10483 6099 4384 3536539 2798994 642678 94867 1294705 1958274 1710492 1082925 858285 57974 24727 12478666 14728721 480492 480492 16880614 18275139 16393 228415 16393 228415 X 3627455 4567339 13236766 13479385 16864221 18046724 16880614 18275139 224448 958055 0 X 0 1 X 1 0 X 2081534 2890515 3124933 5547962 3046500 16691444 2081534 2890515 3124933 5547962 3046500 16691444 2228435 14463009 165098 168556 198787 219398 535527 1287366 7900 1392 9292 17988102 0.80400 0.84060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 480492 X X X 0 7188644 6045 1038535 211579 8021645 9368590 464405 -2371638 237163 35550 7188644 7076809 847367 1543524 99110 9368590 7424828 611197 486845 42430 1403631 7076809 6655981 946552 254092 395721 36076 7424828 0.80210 0.19790 0 0 0 X 4657965 958055 958055 3699910 61077 61077 3760987 3475462 0 3475462 61077 61077 3536539 PART III, LINE 4: THE FOUNDATION'S COLLECTION OF ART, WHICH WAS ACQUIRED PRIMARILY THROUGH GIFTS/DONATIONS, COMPRISES APPROXIMATELY EIGHTY-TWO OBJECTS RELATED TO HISTORICAL AND MODERN HISTORY AND ART, INCLUDING PAINTINGS, SCULPTURES, WORKS ON PAPER, ETHNOGRAPHIC MATERIAL AND PHOTOGRAPHS. THE COLLECTION IS HELD FOR EDUCATIONAL, RESEARCH AND CURATORIAL PURPOSES. PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY SEVENTEEN INDIVIDUAL FUNDS ESTABLISHED FOR VARIETY OF SCHOLARSHIP PURPOSES. PART X, LINE 2: FOR THE YEARS ENDED SEPTEMBER 30, 2023 AND 2022, THE FOUNDATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART V, LINE F, COLUMN (B): FY20 RECLASSIFICATION - CERTAIN AMOUNTS IN COLUMN (D)'S FINANCIAL STATEMENTS HAVE BEEN RECLASSIFIED TO CONFORM TO COLUMN (C)'S PRESENTATION. THE RECLASSIFICATIONS ARE PRIMARILY DUE TO ADDITIONAL ANALYSIS PERFORMED ON THE FOUNDATION'S NET ASSETS WHICH RESULTED IN CHANGES IN THE CLASSIFICATIONS TO MORE ACCURATELY REFLECT THE ASSOCIATED BALANCES. THESE RECLASSIFICATIONS HAD NO EFFECT ON THE OVERALL CHANGE IN NET ASSETS FOR THE YEAR ENDED SEPTEMBER 30, 2019. THE RECLASSIFICATION FROM THE ENDOWMENT FUND RESTRICTION $1,403,631 HAS BEEN REPORTED ON SCHEDULE D, PART V, LINE F COLUMN (D) AS A RECONCILING ITEM TO THE FUND IN FY20. X X X X X 1 BARBER & ASSOCIATES LLC 6823 8TH STREET NW WASHINGTON DC 20012 FUNDRAISING STRATEGY AND DONOR ENGAGEMENT 0 0 40000 -40000 40000 -40000 DC MD VA NJ SC 1 TUITION AND FEES 126 315669 SCHOLARSHIPS & FELLOWSHIPS 448 953932 STIPENDS 113 209047 INSTRUCTOR'S AWARD 1 12500 PART I, LINE 2: THE FOUNDATION USES SCHOLARSHIP AGREEMENTS TO SET THE REQUIREMENTS FOR SCHOLARSHIP. STUDENTS ARE SELECTED, SIGN SCHOLARSHIP AGREEMENTS, AND THE FOUNDATION IS INVOICED FOR THE SCHOLARSHIPS BY THE UNIVERSITY. 0 0 0 0 0 0 0 0 0 RONALD F MASON JR DIRECTOR (UNTIL 07/23) 0 426756 0 0 0 0 0 0 0 0 0 426756 0 0 RODNEY E TRAPP EXECUTIVE SECRETARY 0 156568 0 0 0 0 0 0 0 29956 0 186524 0 0 PART I, LINE 3 ALL OF THE UDC FOUNDATION'S TOP MANAGEMENT OFFICIALS REPORT TO AND ARE EVALUATED BY THE PRESIDENT OF UDC, A RELATED ORGANIZATION. X COMPUTER EQUIPMENT 1 162483 FMV 0 0 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE FOUNDATION ARE THE UNIVERSITY OF THE DISTRICT OF COLUMBIA BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE FOUNDATION ARE THE UDC BOARD OF TRUSTEES WHO HAVE THE RESPONSIBILITY FOR APPROVING OR REJECTING BOARD NOMINEES. THEY ALSO APPOINT TWO MEMBERS TO SERVE ON THE FOUNDATION BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS SHALL RATIFY AMENDMENTS TO THE BY-LAWS AND ARTICLES OF INCORPORATION APPROVED BY THE UDC FOUNDATION'S BOARD OF DIRECTORS. THE MEMBERS ALSO RATIFY THE NOMINEES TO THE UDC FOUNDATION BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE BOARD PRESIDENT AND TREASURER. CHANGES AND/OR CORRECTIONS ARE COMMUNICATED TO THE CPA FIRM/TAX PREPARER. AFTER CHANGES ARE MADE AND ACCEPTED THE 990 IS FINALIZED. IT IS THEN DISTRIBUTED TO THE BOARD OF DIRECTORS, THEREAFTER, IT IS SIGNED AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER, VOLUNTEER, AND EMPLOYEE SHALL BE GIVEN A COPY OF THE CONFLICT-OF-INTEREST POLICY AND SHALL SIGN AND SUBMIT ANNUALLY TO THE BOARD OF DIRECTORS, AT COMMENCEMENT OF EACH FISCAL YEAR, A NOTARIZED STATEMENT OF NO CONFLICT OF INTEREST PROVIDED BY THE EXECUTIVE DIRECTOR. CONFLICTS THAT ARISE ARE HANDLED ON A CASE BY CASE BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE UDC FOUNDATION'S TOP MANAGEMENT OFFICIAL REPORTS TO AND IS EVALUATED BY THE UDC PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE MAINTAINED IN THE OFFICE OF THE UDC FOUNDATION AND CAN BE REQUESTED FOR REVIEW THROUGH THE UDC FOUNDATION EXECUTIVE DIRECTOR. FORM 990, PART IX, LINE 11G PROGRAM CONSULTING: PROGRAM SERVICE EXPENSES 103,325. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 103,325. ART FEES: PROGRAM SERVICE EXPENSES 80,091. MANAGEMENT AND GENERAL EXPENSES 35,176. FUNDRAISING EXPENSES 1,333. TOTAL EXPENSES 116,600. TRAINING, COURSE DEVELOPMENT: PROGRAM SERVICE EXPENSES 81,364. MANAGEMENT AND GENERAL EXPENSES 35,736. FUNDRAISING EXPENSES 1,354. TOTAL EXPENSES 118,454. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 123,331. MANAGEMENT AND GENERAL EXPENSES 8,787. FUNDRAISING EXPENSES 333. TOTAL EXPENSES 132,451. THE UNIVERSITY OF THE DISTRICT OF COLUMBIA 4200 CONECTICUT AVENUE NW WASHINGTON DC 20008 536001131 URBAN LAND GRANT INSTITUTION DC 115 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0