CRAIG NEWMARK GRADUATE SCHOOL OF JOURNALISM CUNY FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CRAIG NEWMARK GRADUATE SCHOOL OF JOURNALISM CUNY FOUNDATION INC (EIN 46-5195587)
Tax period
2023-07-01 to 2024-06-30
Filed
2024-10-29
IRS object ID
202403039349301440
Schema version
2023v5.1
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)
Return2024-10-29T11:37:58-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN474526160PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EFPR GROUP CPAS PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16390 MAIN STREET SUITE 200AddressLine1Txt
CityWILLIAMSVILLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP14221ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN465195587EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CRAIG NEWMARK GRADUATE SCHOOL OFBusinessNameLine1Txt
Business Name Line2JOURNALISM CUNY FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCRAIBusinessNameControlTxt
Phone6467587814PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1219 WEST 40TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTACY-MARIE ISHMAELPersonNm
Person TitleCHAIRPersonTitleTxt
Phone6467587814PhoneNum
Signature2024-10-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID A URBAN CPAPreparerPersonNm
PTINP00630018PTIN
Phone7166340700PhoneNum
Preparation2024-10-11PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSTACY-MARIE ISHMAELPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1219 WEST 40TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$25,304,020GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE FOUNDATION SUPPORTS AND ADVANCES THE EDUCATIONAL AND RESEARCH ACTIVITIES OF THE CUNY GRADUATE SCHOOL OF JOURNALISM BY RAISING FUNDS AND MAKING CONTRIBUTIONS AND GRANTS TO THE SCHOOL OF JOURNALISM.ActivityOrMissionDesc
Voting Members Governing Body20VotingMembersGoverningBodyCnt
Voting Members Independent20VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$5,403,233PYContributionsGrantsAmt
CY Contributions Grants$13,714,015CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$556,982PYInvestmentIncomeAmt
CY Investment Income$878,408CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$5,960,215PYTotalRevenueAmt
CY Total Revenue$14,592,423CYTotalRevenueAmt
PY Grants And Similar Paid$2,057,533PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,799,959CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,803,080PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,984,914CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,290,275PYOtherExpensesAmt
CY Other Expenses$2,011,591CYOtherExpensesAmt
PY Total Expenses$8,150,888PYTotalExpensesAmt
CY Total Expenses$7,796,464CYTotalExpensesAmt
PY Revenues Less Expenses-$2,190,673PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$6,795,959CYRevenuesLessExpensesAmt
Total Assets BOY$34,112,274TotalAssetsBOYAmt
Total Assets EOY$44,485,578TotalAssetsEOYAmt
Total Liabilities BOY$1,415,162TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,485,860TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$32,697,112NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$41,999,718NetAssetsOrFundBalancesEOYAmt
MissionTHE FOUNDATION SUPPORTS AND ADVANCES THE EDUCATIONAL AND RESEARCH ACTIVITIES OF THE CRAIG NEWMARK GRADUATE SCHOOL OF JOURNALISM AT CUNY BY RAISING FUNDS AND MAKING CONTRIBUTIONS AND GRANTS TO THE SCHOOL OF JOURNALISM.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,938,810ExpenseAmt
Grant$2,799,959GrantAmt
DescTHE FOUNDATION SUPPORTS AND ADVANCES THE EDUCATIONAL AND RESEARCH ACTIVITIES OF THE CRAIG NEWMARK GRADUATE SCHOOL OF JOURNALISM AT CUNY BY RAISING FUNDS AND MAKING CONTRIBUTIONS AND GRANTS TO THE SCHOOL OF JOURNALISM.Desc
Total Program Service Expenses$6,938,810TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
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 SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
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 IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
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 Operations0TerminateOperationsInd
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 Document130IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
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
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 Members20GoverningBodyVotingMembersCnt
Independent Voting Member20IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
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 EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
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 Line1AVRIL GEORGE-ROBINSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6467587855PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1219 WEST 40TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
STACY-MARIE ISHMAEL
CHAIR1.00Yes (X)Yes (X)$0$0$0
ARTHUR SULZBERGER JR
VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
VIVEK SHAH
TREASURER1.00Yes (X)Yes (X)$0$0$0
MARJORIE MILLER
SECRETARY1.00Yes (X)Yes (X)$0$0$0
MARIA GRACIELA MOCHKOFSKY
EX-OFFICIO DIRECTOR1.00Yes (X)$0$338,589$50,096
CRISTINA ALESCI
DIRECTOR1.00Yes (X)$0$0$0
JESSE ANGELO
DIRECTOR1.00Yes (X)$0$0$0
MARTY BARON
DIRECTOR1.00Yes (X)$0$0$0
SARAH BARTLETT
DIRECTOR1.00Yes (X)$0$0$0
DENNIS BERMAN
DIRECTOR1.00Yes (X)$0$0$0
HELEN CROSSEN
DIRECTOR1.00Yes (X)$0$0$0
NIKOLE HANNAH-JONES
DIRECTOR1.00Yes (X)$0$0$0
LAURIE HAYS
DIRECTOR1.00Yes (X)$0$0$0
ANDREW HEYWARD
DIRECTOR1.00Yes (X)$0$0$0
CRAIG NEWMARK
DIRECTOR1.00Yes (X)$0$0$0
KAREN PENSIERO
DIRECTOR1.00Yes (X)$0$0$0
SHAZDEH OMARI
DIRECTOR1.00Yes (X)$0$58,828$2,894
STEPHEN B SHEPARD
DIRECTOR1.00Yes (X)$0$0$0
ALI VELSHI
DIRECTOR1.00Yes (X)$0$0$0
JOSE' ZAMORA
DIRECTOR1.00Yes (X)$0$0$0
JOAN BARRY MCCORMICK
EXECUTIVE DIRECTOR1.00Yes (X)$0$113,676$24,848
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$511,093TotReportableCompRltdOrgAmt
Total Other Compensation$77,838TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COMMUNITY COUNSELING SERVICES CO LLCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1527 MADISON AVENUE 5TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10022ZIPCd
FieldValueIRS element (for citing)
ServicesCOUNSELINGServicesDesc
Compensation$100,001CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$13,714,015AllOtherContributionsAmt
Total Contributions$13,714,015TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$887,191TotalRevenueColumnAmt
Exclusion$887,191ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$10,702,814SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$10,711,597SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$8,783SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$8,783TotalRevenueColumnAmt
Exclusion-$8,783ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,592,423TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$878,408ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,658,763TotalAmt
Program Services$1,658,763ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$1,141,196TotalAmt
Program Services$1,141,196ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,309,883TotalAmt
Program Services$2,001,306ProgramServicesAmt
Management And General$308,577ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$675,031TotalAmt
Program Services$593,905ProgramServicesAmt
Management And General$81,126ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$204,539TotalAmt
Program Services$170,690ProgramServicesAmt
Management And General$33,849ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$58,297TotalAmt
Management And General$58,297ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$808,665TotalAmt
Program Services$509,943ProgramServicesAmt
Management And General$298,722ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$5,681TotalAmt
Program Services$5,681ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$9,036TotalAmt
Program Services$8,130ProgramServicesAmt
Management And General$906ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,854TotalAmt
Program Services$258ProgramServicesAmt
Management And General$2,596ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$417,419TotalAmt
Program Services$417,419ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$164,556TotalAmt
Program Services$162,244ProgramServicesAmt
Management And General$2,312ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FOOD & BEVERAGES$122,859$96,918$25,941
PROGRAM EXPENSES$89,094$88,798$296
MISCELLANEOUS$69,630$32,601$37,029
TELECOMMUNICATIONS$50,958$50,958

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$8,003TotalAmt
Management And General$8,003ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,796,464TotalAmt
Program Services$6,938,810ProgramServicesAmt
Management And General$857,654ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$118,177BOYAmt
EOY$118,177EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$8,274,865BOYAmt
EOY$6,263,737EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,167,759BOYAmt
EOY$1,936,174EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$35,783BOYAmt
EOY$28,981EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,097,511BOYAmt
EOY$1,519,652EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$21,418,179BOYAmt
EOY$34,618,857EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$34,112,274BOYAmt
EOY$44,485,578EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,325,187BOYAmt
EOY$2,235,410EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$89,000BOYAmt
EOY$250,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$975BOYAmt
EOY$450EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,415,162BOYAmt
EOY$2,485,860EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$426,003BOYAmt
EOY$2,309,499EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$33,123,115BOYAmt
EOY$39,690,219EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$32,697,112BOYAmt
EOY$41,999,718EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$34,112,274BOYAmt
EOY$44,485,578EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$6,795,959ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$2,506,647NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
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$5,572,710CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,542,601CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,508,690CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,403,233CurrentTaxYearMinus1YearAmt
Current Tax Year$13,714,015CurrentTaxYearAmt
Total$37,741,249TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,572,710CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,542,601CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,508,690CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,403,233CurrentTaxYearMinus1YearAmt
Current Tax Year$13,714,015CurrentTaxYearAmt
Total$37,741,249TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$9,838,086SubstantialContributorsTotAmt
Public Support Total170$27,903,163PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$312,554CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$224,325CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$567,132CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$531,129CurrentTaxYearMinus1YearAmt
Current Tax Year$887,191CurrentTaxYearAmt
Total$2,522,331TotalAmt
FieldValueIRS element (for citing)
Total Support$40,263,580TotalSupportAmt
Gross Receipts Rltd Activities$7,860GrossReceiptsRltdActivitiesAmt
Public Support CY1700.69300PublicSupportCY170Pct
Public Support PY1700.67470PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$21,500,000BeginningYearBalanceAmt
Contributions$10,125,000ContributionsAmt
End Year Balance$31,625,000EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$21,500,000BeginningYearBalanceAmt
End Year Balance$21,500,000EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$21,500,000BeginningYearBalanceAmt
End Year Balance$21,500,000EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$21,500,000BeginningYearBalanceAmt
End Year Balance$21,500,000EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$21,500,000BeginningYearBalanceAmt
End Year Balance$21,500,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescCUNY INVESTMENT POOLDesc
Book Value$34,618,857BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$34,618,857TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO RELATED PARTYDesc
Amt$450Amt
FieldValueIRS element (for citing)
Total Liability$450TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$17,040,773TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$2,506,647NetUnrealizedGainsInvstAmt
Revenue Not Reported$2,506,647RevenueNotReportedAmt
Revenue Subtotal$14,534,126RevenueSubtotalAmt
Investment Expenses Not Incld$58,297InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$58,297RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$14,592,423TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,738,167TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$7,738,167ExpensesSubtotalAmt
Investment Expenses Not Incld2$58,297InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$58,297ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,796,464TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:TO SUPPORT THE COLLEGE'S EDUCATIONAL MISSION, ENHANCE THE COLLEGE'S ACADEMIC REPUTATION AND PROPEL THE COLLEGE'S STANDING NOT ONLY IN THE CITY OF NEW YORK BUT ALSO GLOBALLY AMONG OTHER SCHOOLS OF JOURNALISM AND WITHIN THE FIELD OF JOURNALISM MORE GENERALLY. TO ESTABLISH, MAINTAIN AND RETAIN A DISTINGUISHED PROFESSORSHIP TO BE KNOWN AS "THE LEONARD TOW CHAIR IN INNOVATION JOURNALISM."
PART X, LINE 2:THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE FOUNDATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE FOUNDATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE FOUNDATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.

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 Line1CRAIG NEWMARK SCHOOL OF JOURNALISMBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1219 WEST 40TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd
FieldValueIRS element (for citing)
Recipient EIN133893536RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$1,658,763CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantOPERATING SUPPORTPurposeOfGrantTxt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
SCHOLARSHIP112$852,564
FELLOWSHIP2$39,781
STIPEND53$243,351
MERIT AWARDS5$5,500

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMARIA GRACIELA MOCHKOFSKYPersonNm
TitleEX-OFFICIO DIRECTORTitleTxt
Base Compensation Filing Org$0BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$338,589CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$16,722DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$33,374NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$0TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$388,685TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BNO SEPARATE COMMITTEE MEETINGS WERE HELD.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE FOUNDATION, INC. HAS IMPLEMENTED A CONFLICT OF INTEREST (COI) POLICY. AS PART OF THIS POLICY, ON AN ANNUAL BASIS, ALL MEMBERS OF THE BOARD OF DIRECTORS, MANAGEMENT AND ALL OTHER EMPLOYEES MUST SIGN THE COI STATEMENT AND INDICATE ANY POSSIBLE CONFLICTS OR RELATED PARTY TRANSACTIONS. ON AN ANNUAL BASIS, THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE COI STATEMENTS FOR CONFLICTS AND DETERMINATION/APPROVAL OF THE ONGOING RELATIONSHIP.
FORM 990, PART VI, SECTION C, LINE 19AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GCONSULTANTS & SUBCONTACTORS: PROGRAM SERVICE EXPENSES 502,926. MANAGEMENT AND GENERAL EXPENSES 273,975. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 776,901. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 7,017. MANAGEMENT AND GENERAL EXPENSES 24,747. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,764.
FORM 990, PART XII, LINE 2C:NO CHANGE IN OVERSIGHT OF AUDIT IN CURRENT YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtControlled OrganizationControlledOrganizationInd
CRAIG NEWMARK GRADUATE SCHOOL OF JOURNALISM
219 W 40TH STREETNEW YORKNY10018133893536SCHOOLNY501(C)(3)LINE 20
CUNY RESEARCH FOUNDATION
230 W 41ST STREET FL 7NEW YORKNY10036131988190SUPPORTNY501(C)(3)LINE 70
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 Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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