2023-02-03T08:37:07-06:00 2022-03-31 161131146 BONADIO & CO LLP 171 SULLYS TRAIL PITTSFORD NY 14534 990 2021-04-01 800024332 ROCHESTER AREA COMMUNITY FOUNDATION INITIATIVES INC ROCH 5852714100 500 EAST AVENUE ROCHESTER NY 14607 SIMEON BANISTER PRESIDENT AND CEO 5852714100 2023-02-03 1 SIMEON BANISTER XXX-XX-XXXX GRACE GONZALEZ P01357170 5853811000 2023-01-31 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z SIMEON BANISTER 500 EAST AVENUE ROCHESTER NY 14607 1669186 0 X WWW.RACF.ORG X 2001 NY SPONSORS PROGRAMS AND PROJECTS THAT ADDRESS THE NEEDS OF THE COMMUNITY. THE ORGANIZATION OPERATES EXCLUSIVELY FOR THE BENEFIT AND SUPPORT OF ROCHESTER AREA COMMUNITY FOUNDATION. 14 14 29 25 0 0 2993719 1668078 0 0 751 118 0 0 2994470 1668196 1174316 1081416 0 0 935243 768025 0 0 39323 314457 432011 2424016 2281452 570454 -613256 2451164 1514962 450942 127996 2000222 1386966 X SPONSORS PROGRAMS AND PROJECTS THAT ADDRESS THE NEEDS OF THE COMMUNITY. THE ORGANIZATION OPERATES EXCLUSIVELY FOR THE BENEFIT AND SUPPORT OF ROCHESTER AREA COMMUNITY FOUNDATION. 0 1 2189346 1081416 SPONSORS PROGRAMS AND PROJECTS THAT ADDRESS THE NEEDS OF THE COMMUNITY. OPERATES EXCLUSIVELY FOR THE BENEFIT AND SUPPORT OF ROCHESTER AREA COMMUNITY FOUNDATION. THERE WERE 22 GRANTS PAID OUT TO AGENCIES HELPING PEOPLE IN THE GREATER ROCHESTER COMMUNITY. 2189346 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 15 0 1 29 1 0 0 0 0 1 1 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X X MS AMY VARS 5852714100 500 EAST AVENUE ROCHESTER NY 14607 ELIZABETH A THORLEY CFP CLU MEMBER 1.00 X 0 0 0 R SCOTT BURDETT MEMBER 1.00 X 0 0 0 DAVID P VENISKEY CPA MEMBER 1.00 X 0 0 0 THOMAS S RICHARDS CHAIR 1.00 X X 0 0 0 MARK A EIDLIN MEMBER 1.00 X 0 0 0 MICHELLE A HUTCHINSON ESQ MEMBER 1.00 X 0 0 0 CAROLYN G NUSSBAUM ESQ SECRETARY 1.00 X X 0 0 0 RICHARD J RIEDMAN MEMBER 1.00 X 0 0 0 ROBERT D BADEN MEMBER 1.00 X 0 0 0 DAVID R FERRIS ESQ COUNSEL 1.00 X X 0 0 0 LORI VAN DUSEN MEMBER 1.00 X 0 0 0 MOLLENE B BENISON CPA TREASURER 1.00 X X 0 0 0 FRANCIS J CLEMENT MEMBER 1.00 X 0 0 0 ARLINE L BAYO SANTIAGO ESQ MEMBER 1.00 X 0 0 0 JENNIFER LEONARD VICE PRESIDENT & CEO 2.00 38.00 X 0 337737 72245 AMY S VARS CPA SENIOR VP AND CFO 2.00 38.00 X 0 189011 10051 ANN JOHNSON ACT ROCHESTER EXECUTIVE DI 40.00 X 112944 0 13654 112944 526748 95950 1 0 1 0 0 13697 170695 1483686 990 1668078 126 126 982 990 -8 -8 -8 1668196 0 0 118 1081416 1081416 613475 581847 9271 22357 30825 29238 465 1122 69084 65526 1043 2515 54641 51827 825 1989 500 500 8624 8624 144363 144363 1038 661 377 22779 21710 313 756 36502 11060 15397 10045 332 332 684 684 24903 24903 CONVENOR & CONTR.SERVIC 187672 187672 OTHER FEES 4234 4010 65 159 PROFESSIONAL DUES 291 291 EQUIPMENT RENTAL 89 85 1 3 2281452 2189346 52783 39323 X 12925 2133444 1479326 303349 34586 1446 1050 2451164 1514962 38822 2307 275605 48456 136515 77233 450942 127996 X 2000222 1386966 2000222 1386966 2451164 1514962 -613256 0 X X 0 1 X 1 0 X 2522926 3119165 2629810 2993719 1668078 12933698 2522926 3119165 2629810 2993719 1668078 12933698 2057992 10875706 879 126 1005 4969 10998 263026 278993 13213696 0.82310 0.87470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 ACCRUED EXPENSES 24733 DEFERRED CONTRIBUTIONS 52500 77233 1668196 0 1668196 0 1668196 2281452 0 2281452 0 2281452 1 ACTION FOR A BETTER COMMUNITY 400 WEST AVENUE ROCHESTER NY 14611 160902835 501(C)(3) 60018 0 RENEW PROGRAM GRANTS CAMERON COMMUNITY MINISTRIES 48 CAMERON STREET ROCHESTER NY 146061743 161257507 501(C)(3) 25000 0 RESPECT & RESPONSIBILITY FOR GIRLS PROGRAM CENTER FOR GOVERNMENTAL RESEARCH 1 SOUTH WASHINGTON STREET SUITE 400 ROCHESTER NY 14614 160754774 501(C)(3) 123895 0 ACT ROCHESTER CENTER FOR TEEN EMPOWERMENT 392 GENESEE STREET ROCHESTER NY 14611 043091002 501(C)(3) 25000 0 YOUNG WOMENS LEADERSHIP AND EMPLOYMENT PROJECT CITY OF ROCHESTER 30 CHURCH STREET ROOM 111A ROCHESTER NY 146141284 166002551 MUNICIPALITY 150000 0 FINANCIAL EMPOWERMENT CENTER COACHING PROGRAM CONSUMER CREDIT COUNSELING SERVICE OF ROCHESTER 1050 UNIVERSITY AVE SUITE A ROCHESTER NY 14607 160972260 501(C)(3) 18700 0 C.A.S.H. COACH PROGRAM GIRL SCOUTS OF WESTERN NEW YORK ROCHESTER SERVICE CENTER 1000 ELMWOOD AVENUE STE 200 ROCHESTER NY 14620 160743096 501(C)(3) 15000 0 CREATING WOMEN LEADERS OF TOMORROW OUT-OF-SCHOOL TIME PROGRAM GREATER ROCHESTER CHAMBER OF COMMERCE 150 STATE STREET ROCHESTER NY 146141308 510439860 501(C)(6) 15452 0 WOMEN'S COUNCIL YOUNG WOMEN OF DISTINCTION PROGRAM GREATER ROCHESTER SUMMER LEARNING ASSOCIATION 274 N GOODMAN STREET SUITE D103 ROCHESTER NY 14607 452797098 501(C)(3) 50500 0 SUMMERLEAP - KINDERGARTEN READINESS AND TRANSITION PROJECT GREENTOPIA 74 BROWNS RACE ROCHESTER NY 146141006 274112147 501(C)(3) 20000 0 GREEN VISIONS: GROWING HEALTHY FUTURES JUDICIAL PROCESS COMMISSION 200 WEST AVENUE ROCHESTER NY 14611 223153478 501(C)(3) 25000 0 WOMENS LEGAL ACTION PROJECT & SUPPORT SERVICES PATHSTONE CORPORATION 400 EAST AVENUE ROCHESTER NY 14607 160984913 501(C)(3) 411127 0 RENEW PROGRAM GRANTS SPIRITUS CHRISTI PRISON OUTREACH 934 CULVER ROAD ROCHESTER NY 14609 161582433 501(C)(3) 22500 0 WOMENS EMPOWERMENT PROGRAM OF JENNIFER HOUSE THE ARC OF MONROE COUNTY 2060 BRIGHTON-HENRIETTA TOWNLINE ROAD ROCHESTER NY 14623 160835172 501(C)(3) 31800 0 CUSTOMIZED EMPLOYMENT GRANT - DDGC THE HOCHSTEIN SCHOOL 50 NORTH PLYMOUTH AVENUE ROCHESTER NY 14614 160768758 501(C)(3) 10000 0 ROCMUSIC COLLABORATIVE UNITY HOSPITAL OF ROCHESTER 89 GENESEE STREET ROCHESTER NY 14611 237221763 501(C)(3) 25000 0 PROJECT INDEPENDENCE AT HEALTHY MOMS URBAN LEAGUE OF ROCHESTER NY 265 NORTH CLINTON AVENUE ROCHESTER NY 146051857 160906150 501(C)(3) 21000 0 PROJECT FAMILIES IN TRANSITION VETERANS OUTREACH CENTER INC 447 SOUTH AVENUE ROCHESTER NY 14620 161137379 501(C)(3) 17500 0 FEMALE VETERANS SELF-SUFFICIENCY PROGRAM 17 1 PART I, LINE 2: ALL GRANTEES ARE CONFIRMED AS ELIGIBLE U.S. BASED PUBLIC CHARITIES PRIOR TO GRANT DISBURSEMENT. RECIPIENTS OF LARGE GRANTS (OVER $10,000) MAY BE REQUIRED TO SUBMIT REPORTS ON THEIR ACCOMPLISHMENTS. AN AFFILIATED ORGANIZATION, ROCHESTER AREA COMMUNITY FOUNDATION, MAINTAINS INFORMATION ABOUT GRANTEES AND CONDUCTS DUE DILIGENCE TO ENSURE SOUND USE OF FUNDS. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 JENNIFER LEONARD VICE PRESIDENT & CEO 0 325273 0 0 0 12464 0 59500 0 12745 0 409982 0 0 AMY S VARS CPA SENIOR VP AND CFO 0 188341 0 0 0 670 0 9301 0 750 0 199062 0 0 FORM 990, SCHEDULE J, PAGE 3, PART III ROCHESTER AREA COMMUNITY FOUNDATION (RACF), A RELATED ORGANIZATION, WAS RESPONSIBLE FOR PAYING THE COMPENSATION FOR ROCHESTER AREA COMMUNITY FOUNDATION INITIATIVES, INC.'S VICE PRESIDENT AND CEO AND THE RESPECTIVE HEALTH OR SOCIAL CLUB DUES, AS WELL AS THE COMPENSATION OF THE SENIOR VICE PRESIDENT AND CFO. THE FOLLOWING WAS USED BY RACF WHEN DETERMINING THE VICE PRESIDENT AND CEO'S COMPENSATION - INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION STUDY, FORM 990 OF OTHER ORGANIZATIONS - AND APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PART III, LINE 3 ONE PROGRAM WITHIN RACFI WAS TRANSFERRED TO AN UNRELATED NON-PROFIT TO ENSURE CONTINUING SERVICES TO THE COMMUNITY. WE HAVE MAINTAINED ALL OTHER SPONSORED PROGRAMS AND PROJECTS IN RACFI. FORM 990, PART VI, SECTION B, LINE 11B OUR FINANCE COMMITTEE MEMBERS ARE EACH EMAILED A COPY OF THE FORM 990 PRIOR TO THE 990 BEING FILED. THEY ARE GIVEN APPROXIMATELY TWO WEEKS TO REVIEW THE DOCUMENT. DURING THAT TIME THEY ASK THE SENIOR VICE PRESIDENT AND CFO ANY QUESTIONS OR CONCERNS THEY HAVE ABOUT THE 990. THE SENIOR VICE PRESIDENT AND CFO ADDRESSES AND RESOLVES ALL QUESTIONS AND ISSUES ON THE 990. THE INDIVIDUAL FINANCE COMMITTEE MEMBERS SUBMIT THEIR APPROVAL BY EMAIL. ONCE APPROVED BY ALL FINANCE COMMITTEE MEMBERS, THE FORM 990 IS EMAILED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. THE FORM 990 IS DISCUSSED AT THE NEXT BOARD MEETING PRIOR TO THE FORM 990 BEING FILED. IT IS A SEPARATE AGENDA ITEM FOR THE BOARD MEETING, GIVING THE MEMBERS AN OPPORTUNITY TO DISCUSS ANY QUESTIONS THAT THEY MIGHT HAVE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, KEY EMPLOYEES AND STAFF ARE REQUIRED ANNUALLY TO COMPLETE A CONFLICT OF INTEREST FORM. THIS FORM ASKS THE INDIVIDUAL TO DISCLOSE ALL CURRENT POSITIONS OR RELATIONSHIPS IN WHICH THEY ARE INVOLVED OR WHICH MAY POSE A POTENTIAL CONFLICT OF INTEREST, AND SHALL FURTHER DISCLOSE ANY SUBSEQUENTLY ESTABLISHED RELATIONSHIP THAT MAY BE PERCEIVED TO BE A POTENTIAL CONFLICT OF INTEREST. IT IS OUR POLICY THAT THROUGHOUT THE YEAR AT BOARD AND COMMITTEE MEETINGS THAT ALL CONFLICTS OF INTEREST, INCLUDING POTENTIAL INTERESTS, SHALL BE DISCLOSED, AND THAT DIRECTORS AND COMMITTEE MEMBERS SHALL REFRAIN FROM VOTING OR PARTICIPATING IN ANY BOARD OR COMMITTEE ACTION INVOLVING THE ENTITY WITH WHICH THERE MAY BE A CONFLICT, BY LEAVING THE ROOM DURING SUCH VOTE OR ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIR OF THE BOARD OF DIRECTORS ALERTS BOARD AND MANAGEMENT TEAM THAT THE VICE PRESIDENT AND CEO'S PERFORMANCE REVIEW FORMS WILL BE COMING BY EMAIL AND SHOULD BE RETURNED TO HIS/HER ATTENTION. THE VICE PRESIDENT AND CEO PROVIDES A MEMO ON PERFORMANCE TO DATE DURING THE YEAR. THE CHAIR SECURES UPDATED REVIEW FORM FROM THE VICE PRESIDENT AND CEO. THE CHAIR REVIEWS THE FORM AND EMAILS WITH VICE PRESIDENT AND CEO'S MEMO TO BOARD AND MANAGEMENT TEAM WITH INSTRUCTIONS FOR RETURNING TO HIS/HER ATTENTION. CHAIR WILL SEND FOLLOW-UP EMAILS AS NEEDED. THE CHAIR DISSEMINATES PERFORMANCE REVIEW SUMMARY TO EXECUTIVE COMMITTEE. THE SENIOR VICE PRESIDENT AND CFO PROVIDES COMPENSATION HISTORY FOR VICE PRESIDENT AND CEO TO EXECUTIVE COMMITTEE. THE VICE PRESIDENT AND CEO PROVIDES SALARY/BENEFIT COMPS FROM LOCAL AND NATIONAL PEERS TO EXECUTIVE COMMITTEE. AN EXECUTIVE SESSION OF EXECUTIVE COMMITTEE FOLLOWED BY A MEETING WITH VICE PRESIDENT AND CEO TO SHARE SUMMARY RATINGS AND PERFORMANCE REVIEW OCCURS; CHAIR PREPARES VICE PRESIDENT AND CEO'S SALARY RECOMMENDATION FOR BOARD OF DIRECTORS. FULL BOARD OF DIRECTORS RATIFIES SALARY RECOMMENDATION; CHAIR COMMUNICATES IN WRITING TO VICE PRESIDENT AND CEO AND SENIOR VICE PRESIDENT AND CFO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON REQUEST. IN ADDITION, THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON THE WEBSITE WWW.RACF.ORG. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE REVIEW AND APPROVAL OF THE AUDITED FINANCIAL STATEMENTS. FORM 990: RECONCILIATION OF REVENUE AND EXPENSES: ROCHESTER AREA COMMUNITY FOUNDATION INITIATIVES, INC. IS AN AFFILIATE OF ROCHESTER AREA COMMUNITY FOUNDATION. AS SUCH, A SINGLE FINANCIAL STATEMENT AUDIT IS PERFORMED ON ROCHESTER AREA COMMUNITY FOUNDATION AND ITS AFFILIATES. THEREFORE, THE INFORMATION PROVIDED IS BASED UPON ROCHESTER AREA COMMUNITY FOUNDATION INITIATIVES, INC. AS IF A STAND-ALONE FINANCIAL STATEMENT OF THIS ENTITY WAS PREPARED. FORM 990, SCHEDULE A: ROCHESTER AREA COMMUNITY FOUNDATION INITIATIVES, INC. IS A NOT-FOR-PROFIT CORPORATION WHICH IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES BY SUPPORTING ACTIVITIES THAT BENEFIT ROCHESTER AREA COMMUNITY FOUNDATION (RACF). THE ORGANIZATION SPONSORS CHARITABLE PROJECTS AND PROGRAMS MEETING COMMUNITY NEEDS THAT ARE CONCEIVED AND DEVELOPED BY PERSONS FROM THE COMMUNITY. THE ORGANIZATION RECEIVES CONTRIBUTIONS AND MAKES GRANTS TO QUALIFIED AGENCIES AND PROGRAMS ORGANIZED AND OPERATED FOR CHARITABLE, EDUCATIONAL OR OTHER SIMILAR PURPOSES. ROCHESTER AREA COMMUNITY FOUNDATION 500 EAST AVENUE ROCHESTER NY 146071712 237250641 GRANT-MAKING COMMUNITY FOUNDATION NY 501(C)(3) 7 N/A 0 ROCHESTER AREA COMMUNITY FOUNDATION DEPOSITORY INC 500 EAST AVENUE ROCHESTER NY 146071912 223106737 PROVIDE GRANTS TO PUBLIC CHARITIES NY 501(C)(3) 7 ROCHESTER AREA COMMUNITY FOUNDATION 0 ROCHESTER AREA FOUNDATION INC 500 EAST AVENUE ROCHESTER NY 146071912 161539889 PROVIDE RENTAL SPACE TO EXEMPT ORGANIZATIONS NY 501(C)(3) 12A ROCHESTER AREA COMMUNITY FOUNDATION 0 SANDS FAMILY SUPPORTING FOUNDATION INC 500 EAST AVENUE ROCHESTER NY 146071712 810751295 SUPPORTS THE CHARITABLE EFFORTS OF ROCHESTER AREA COMMUNITY FOUNDATION NY 501(C)(3) 12A ROCHESTER AREA COMMUNITY FOUNDATION 0 THE HAROLD AND JOAN FEINLOOM SUPPORTING FOUNDATION INC 500 EAST AVENUE ROCHESTER NY 146071912 222988808 SUPPORT THE CHARITABLE EFFORTS OF ROCHESTER AREA COMMUNITY FOUNDATION NY 501(C)(3) 12A ROCHESTER AREA COMMUNITY FOUNDATION 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 ROCHESTER AREA COMMUNITY FOUNDATION C 682185 FMV