THE NEW YORK COMMUNITY TRUST: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- THE NEW YORK COMMUNITY TRUST (EIN 13-3062214)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-13
- IRS object ID
- 202323179349302337
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-13T09:19:25-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 THIRD AVENUE 3RD FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133062214 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The New York Community Trust | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % DOMINICK IMPEMBA | InCareOfNm |
| Business Name Control | NEWY | BusinessNameControlTxt |
| Phone | 2126860010 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 909 Third Avenue Suite 22nd Fl | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Dominick Impemba | PersonNm |
| Person Title | COO, CFO & Treasurer | PersonTitleTxt |
| Phone | 2126860010 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Dominick | PersonFirstNm |
| Person Last | Impemba | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Daniel Romano PARTNER | PreparerPersonNm |
| PTIN | P00504182 | PTIN |
| Phone | 2125990100 | PhoneNum |
| Preparation | 2023-11-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Amy Freitag | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 909 Third Avenue 22nd Fl | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $989,413,778 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.nycommunitytrust.org | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 1924 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | The Trust is a grantmaking foundation dedicated to improving the lives of residents of New York City, Long Island, and Westchester. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 64 | TotalEmployeeCnt |
| Total Volunteers | 42 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $195,862,938 | PYContributionsGrantsAmt |
| CY Contributions Grants | $129,949,678 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $244,481,417 | PYInvestmentIncomeAmt |
| CY Investment Income | $184,674,431 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,511,544 | PYOtherRevenueAmt |
| CY Other Revenue | $51,582 | CYOtherRevenueAmt |
| PY Total Revenue | $442,855,899 | PYTotalRevenueAmt |
| CY Total Revenue | $314,675,691 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $247,711,876 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $198,055,982 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $13,189,616 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $12,848,824 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,838,145 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $26,505,460 | PYOtherExpensesAmt |
| CY Other Expenses | $27,182,084 | CYOtherExpensesAmt |
| PY Total Expenses | $287,406,952 | PYTotalExpensesAmt |
| CY Total Expenses | $238,086,890 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $155,448,947 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $76,588,801 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,500,445,837 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,933,076,201 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $53,080,347 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $75,304,951 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,447,365,490 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,857,771,250 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | See Schedule O. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $209,073,781 | ExpenseAmt |
| Grant | $198,055,982 | GrantAmt |
| Desc | OUR COMPETITIVE GRANTS PROGRAM SEEKS TO PROMOTE HEALTHY LIVES, EXPAND OPPORTUNITIES, STRENGTHEN FAMILIES, DEVELOP CHILDREN AND YOUTH, AND CREATE STRONG, VITAL COMMUNITIES. OUR GOVERNING BOARD HAS APPROVED FOUR CATEGORIES OF ACTIVITY TO CARRY OUT THESE OBJECTIVES. THEY ARE SUMMARIZED IN SCHEDULE O. | Desc |
| Total Program Service Expenses | $209,073,781 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (true) | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 63 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 64 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | Yes (true) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 2 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DOMINICK IMPEMBA | PersonNm |
| Phone | 2126860010 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 909 THIRD AVENUE 22ND FL | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|
| Lorie A Slutsky | ||||||||
| President (Thru 7/22) | 45.0 | 5.0 | Yes (X) | $784,355 | $0 | $134,205 | ||
| Amy Freitag | ||||||||
| President (as of 7/22) | 45.0 | 5.0 | Yes (X) | $407,064 | $0 | $61,260 | ||
| Kerry E McCarthy | ||||||||
| VP & Asst. Secy | 45.0 | 0.0 | Yes (X) | $310,912 | $0 | $132,872 | ||
| Shawn V Morehead | ||||||||
| VP & Asst. Secy | 45.0 | 0.0 | Yes (X) | $333,083 | $0 | $103,435 | ||
| Carrie Trowbridge | ||||||||
| General Counsel & Secy | 45.0 | 5.0 | Yes (X) | $380,607 | $0 | $47,759 | ||
| Tatiana Pohotsky | ||||||||
| CIO & Asst. Treasurer | 45.0 | 5.0 | Yes (X) | $282,961 | $0 | $65,653 | ||
| Marie D'Costa | ||||||||
| VP & Asst. Secy | 45.0 | 0.0 | Yes (X) | $220,761 | $0 | $85,005 | ||
| Carolyn M Weiss CPA | ||||||||
| CFO & Treasurer (Thru 9/22) | 45.0 | 5.0 | Yes (X) | $219,386 | $0 | $74,588 | ||
| Ayanna Russell | ||||||||
| VP & Asst. Secy (as of 4/22) | 45.0 | 5.0 | Yes (X) | $205,137 | $0 | $84,070 | ||
| John J Oddy | ||||||||
| VP & Asst. Secy | 45.0 | 0.0 | Yes (X) | $231,129 | $0 | $52,624 | ||
| Irfan Hasan | ||||||||
| Deputy VP & Asst. Secy | 45.0 | 0.0 | Yes (X) | $196,238 | $0 | $83,398 | ||
| David Okorn | ||||||||
| LICF Executive Director | 45.0 | 0.0 | $207,134 | $0 | $67,702 | Yes (X) | ||
| Martin Lipp | ||||||||
| Director of Communications | 45.0 | 0.0 | $191,258 | $0 | $77,689 | Yes (X) | ||
| Laura Rossi | ||||||||
| WCF Executive Director | 45.0 | 0.0 | $185,534 | $0 | $78,764 | Yes (X) | ||
| Wen Weng CPA | ||||||||
| Controller & Asst. Treasurer | 45.0 | 5.0 | Yes (X) | $176,998 | $0 | $81,715 | ||
| Patricia Swann | ||||||||
| Program Director | 45.0 | 0.0 | $167,727 | $0 | $89,647 | Yes (X) | ||
| Roderick Jenkins | ||||||||
| Program Director | 45.0 | 0.0 | $155,554 | $0 | $76,284 | Yes (X) | ||
| Mercedes Leon | ||||||||
| VP & Asst. Secy. (Thru 3/22) | 45.0 | 5.0 | Yes (X) | $145,165 | $0 | $34,954 | ||
| Leisle Lin | ||||||||
| CFO & Treasurer (as of 9/22) | 45.0 | 5.0 | Yes (X) | $132,639 | $0 | $26,810 | ||
| Valerie S Peltier | ||||||||
| Chair | 3.0 | 1.5 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Jamie Drake | ||||||||
| Director | 2.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| Stephen P Robinson | ||||||||
| Director | 2.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| Judith O Rubin | ||||||||
| Director | 2.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| Barron M Tenny | ||||||||
| Director | 2.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| Ann Unterberg | ||||||||
| Director | 2.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| Obaid Khan | ||||||||
| Director | 2.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| Mali Sananikone Gaw | ||||||||
| Director | 2.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| Fernando A Bohorquez | ||||||||
| Director | 2.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| Mahmoud A Mamdani | ||||||||
| Director | 2.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| Jane E Salmon MD | ||||||||
| Director | 2.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| Erana M Stennett | ||||||||
| Director (Thru 10/22) | 2.0 | 1.0 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,933,642 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,458,434 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 37 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CommonFund Capital | |||||
| 15 Old Danbury Road | WILTON | CT | 06897 | Investment Advisor | $3,352,566 |
| JPMorgan Chase Bank | |||||
| 270 Park Avenue | NEW YORK | NY | 10017 | Trstee/Inv Advisor | $3,084,467 |
| The Bank of New York Mellon | |||||
| 240 Greenwich Street | NEW YORK | NY | 10286 | Trstee/Inv Advisor | $1,415,096 |
| HSBC USA NA | |||||
| 452 Fifth Avenue | NEW YORK | NY | 10018 | Trstee/Inv Advisor | $1,412,834 |
| Warburg Pincus Private Equity | |||||
| 450 Lexington Avenue | NEW YORK | NY | 10017 | Trstee/Inv Advisor | $1,068,283 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 36 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $53,033 | GovernmentGrantsAmt |
| All Other Contributions | $129,896,645 | AllOtherContributionsAmt |
| Noncash Contributions | $45,960,377 | NoncashContributionsAmt |
| Total Contributions | $129,949,678 | TotalContributionsAmt |
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $63,083,411 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$4,111,614 | UnrelatedBusinessRevenueAmt |
| Exclusion | $67,195,025 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $796,329,107 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $674,738,087 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $121,591,020 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $121,591,020 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $520,731 | UnrelatedBusinessRevenueAmt |
| Exclusion | $121,070,289 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FINANCIAL & ADMIN SERVICES | Desc |
| Business | 561000 | BusinessCd |
| Total Revenue Column | $51,582 | TotalRevenueColumnAmt |
| Exclusion | $51,582 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $51,582 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $314,675,691 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$3,590,883 | UnrelatedBusinessRevenueAmt |
| Exclusion | $188,316,896 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $197,284,865 | TotalAmt |
| Program Services | $197,284,865 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $230,267 | TotalAmt |
| Program Services | $230,267 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $540,850 | TotalAmt |
| Program Services | $540,850 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,094,783 | TotalAmt |
| Program Services | $2,697,141 | ProgramServicesAmt |
| Management And General | $2,018,637 | ManagementAndGeneralAmt |
| Fundraising | $379,005 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,867,978 | TotalAmt |
| Program Services | $2,746,225 | ProgramServicesAmt |
| Management And General | $1,907,368 | ManagementAndGeneralAmt |
| Fundraising | $214,385 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,126,834 | TotalAmt |
| Program Services | $1,169,759 | ProgramServicesAmt |
| Management And General | $850,733 | ManagementAndGeneralAmt |
| Fundraising | $106,342 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $190,569 | TotalAmt |
| Program Services | $104,813 | ProgramServicesAmt |
| Management And General | $76,227 | ManagementAndGeneralAmt |
| Fundraising | $9,529 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $568,660 | TotalAmt |
| Program Services | $325,855 | ProgramServicesAmt |
| Management And General | $215,827 | ManagementAndGeneralAmt |
| Fundraising | $26,978 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,295 | TotalAmt |
| Program Services | $55,707 | ProgramServicesAmt |
| Management And General | $137,588 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,051 | TotalAmt |
| Management And General | $118,051 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,000 | TotalAmt |
| Program Services | $36,000 | ProgramServicesAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,312,826 | TotalAmt |
| Management And General | $19,312,826 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,346,897 | TotalAmt |
| Program Services | $1,777,800 | ProgramServicesAmt |
| Management And General | $569,097 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $997,576 | TotalAmt |
| Program Services | $28,098 | ProgramServicesAmt |
| Management And General | $84,085 | ManagementAndGeneralAmt |
| Fundraising | $885,393 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $533,441 | TotalAmt |
| Program Services | $258,325 | ProgramServicesAmt |
| Management And General | $245,619 | ManagementAndGeneralAmt |
| Fundraising | $29,497 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $665,438 | TotalAmt |
| Program Services | $359,423 | ProgramServicesAmt |
| Management And General | $273,340 | ManagementAndGeneralAmt |
| Fundraising | $32,675 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,189,947 | TotalAmt |
| Program Services | $1,204,471 | ProgramServicesAmt |
| Management And General | $875,979 | ManagementAndGeneralAmt |
| Fundraising | $109,497 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,585 | TotalAmt |
| Program Services | $16,173 | ProgramServicesAmt |
| Management And General | $19,489 | ManagementAndGeneralAmt |
| Fundraising | $3,923 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $213,436 | TotalAmt |
| Program Services | $28,925 | ProgramServicesAmt |
| Management And General | $162,598 | ManagementAndGeneralAmt |
| Fundraising | $21,913 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,733 | TotalAmt |
| Program Services | $64,203 | ProgramServicesAmt |
| Management And General | $46,693 | ManagementAndGeneralAmt |
| Fundraising | $5,837 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $263,420 | TotalAmt |
| Program Services | $144,881 | ProgramServicesAmt |
| Management And General | $105,368 | ManagementAndGeneralAmt |
| Fundraising | $13,171 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| UBIT | $101,896 | $101,896 |
| OTHER EXPENSES | $53,543 | $53,543 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,086,890 | TotalAmt |
| Program Services | $209,073,781 | ProgramServicesAmt |
| Management And General | $27,174,964 | ManagementAndGeneralAmt |
| Fundraising | $1,838,145 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,713,699 | BOYAmt |
| EOY | $42,158,394 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $356,981 | BOYAmt |
| EOY | $485,037 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,009 | BOYAmt |
| EOY | $655,543 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,736,039 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,151,699 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $701,073 | BOYAmt |
| EOY | $584,340 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,019,054,087 | BOYAmt |
| EOY | $2,475,664,815 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $407,128,079 | BOYAmt |
| EOY | $395,684,751 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,339,909 | BOYAmt |
| EOY | $17,843,321 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,500,445,837 | BOYAmt |
| EOY | $2,933,076,201 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $638,979 | BOYAmt |
| EOY | $603,888 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,718,769 | BOYAmt |
| EOY | $56,622,500 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,722,599 | BOYAmt |
| EOY | $18,078,563 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,080,347 | BOYAmt |
| EOY | $75,304,951 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,447,365,490 | BOYAmt |
| EOY | $2,857,771,250 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,447,365,490 | BOYAmt |
| EOY | $2,857,771,250 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,500,445,837 | BOYAmt |
| EOY | $2,933,076,201 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $76,588,801 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$670,089,656 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $3,906,615 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Community Trust | Yes (X) | CommunityTrustInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $77,890,041 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $77,047,357 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $199,036,899 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $195,862,938 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $129,949,678 | CurrentTaxYearAmt |
| Total | $679,786,913 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $77,890,041 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $77,047,357 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $199,036,899 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $195,862,938 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $129,949,678 | CurrentTaxYearAmt |
| Total | $679,786,913 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $52,759,588 | SubstantialContributorsTotAmt |
| Public Support Total170 | $627,027,325 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $68,677,960 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $73,882,135 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $56,390,639 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $59,119,733 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $67,317,916 | CurrentTaxYearAmt |
| Total | $325,388,383 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,884,223 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,320,763 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $540,505 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $5,745,491 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $61,590 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $60,986 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $59,870 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $44,373 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $51,582 | CurrentTaxYearAmt |
| Total | $278,401 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,011,199,188 | TotalSupportAmt |
| Public Support CY170 | 0.62008 | PublicSupportCY170Pct |
| Public Support PY170 | 0.62359 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $137,468 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $532,536 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $670,004 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $216,265,915 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $216,935,919 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $760,500 | CurrentYearMinus3Amt |
| Current Year Minus2 | $278,250 | CurrentYearMinus2Amt |
| Current Year Minus1 | $775,500 | CurrentYearMinus1Amt |
| Current Year | $670,004 | CurrentYearAmt |
| Total | $2,484,254 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $98,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $41,400 | CurrentYearMinus2Amt |
| Current Year Minus1 | $249,630 | CurrentYearMinus1Amt |
| Current Year | $137,468 | CurrentYearAmt |
| Total | $526,498 | TotalAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part IV - SUPPLEMENTAL INFORMATION | FormAndLineReferenceDesc |
| Explanation | In 2022, the Trust made several grants for lobbying. For example, some of these grants helped advocate for housing policies, supported effective implementation of climate legislation, and raised awareness and educated voters about the New York State environmental bond act. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Donor Advised Funds Held | 1329 | DonorAdvisedFundsHeldCnt |
| Funds And Other Accounts Held | 33 | FundsAndOtherAccountsHeldCnt |
| Donor Advised Funds Contri | $94,145,937 | DonorAdvisedFundsContriAmt |
| Funds And Other Accounts Contri | $5,168,834 | FundsAndOtherAccountsContriAmt |
| Donor Advised Funds Grants | $125,520,358 | DonorAdvisedFundsGrantsAmt |
| Funds And Other Accounts Grants | $10,821,638 | FundsAndOtherAccountsGrantsAmt |
| Donor Advised Funds Vl EOY | $1,068,443,937 | DonorAdvisedFundsVlEOYAmt |
| Funds And Other Accounts Vl EOY | $22,466,366 | FundsAndOtherAccountsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (true) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (true) | DisclosedForCharitablePrpsInd |
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,447,365,490 | BeginningYearBalanceAmt |
| Contributions | $129,949,678 | ContributionsAmt |
| Investment Earnings Or Losses | -$485,415,225 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $198,055,982 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,408,686 | OtherExpendituresAmt |
| Administrative Expenses | $33,664,025 | AdministrativeExpensesAmt |
| End Year Balance | $2,857,771,250 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,104,443,850 | BeginningYearBalanceAmt |
| Contributions | $195,862,938 | ContributionsAmt |
| Investment Earnings Or Losses | $427,355,522 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $247,711,876 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,097,996 | OtherExpendituresAmt |
| Administrative Expenses | $30,486,948 | AdministrativeExpensesAmt |
| End Year Balance | $3,447,365,490 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,854,717,691 | BeginningYearBalanceAmt |
| Contributions | $199,036,899 | ContributionsAmt |
| Investment Earnings Or Losses | $354,934,739 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $264,036,437 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,805,014 | OtherExpendituresAmt |
| Administrative Expenses | $38,404,028 | AdministrativeExpensesAmt |
| End Year Balance | $3,104,443,850 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,500,046,229 | BeginningYearBalanceAmt |
| Contributions | $77,047,357 | ContributionsAmt |
| Investment Earnings Or Losses | $486,948,498 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $172,671,689 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,796,634 | OtherExpendituresAmt |
| Administrative Expenses | $34,856,070 | AdministrativeExpensesAmt |
| End Year Balance | $2,854,717,691 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,732,139,179 | BeginningYearBalanceAmt |
| Contributions | $77,890,041 | ContributionsAmt |
| Investment Earnings Or Losses | -$117,599,173 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $160,152,547 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,841,282 | OtherExpendituresAmt |
| Administrative Expenses | $30,389,989 | AdministrativeExpensesAmt |
| End Year Balance | $2,500,046,229 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.53270 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.46730 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Land | LandGrp | |
| Buildings | BuildingsGrp |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $926,760 | OtherCostOrOtherBasisAmt |
| Depreciation | $386,150 | DepreciationAmt |
| Book Value | $540,610 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $809,279 | OtherCostOrOtherBasisAmt |
| Depreciation | $765,549 | DepreciationAmt |
| Book Value | $43,730 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $584,340 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (6 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| HEDGE FUNDS | $173,730,233 | F |
| PRIVATE EQUITY | $135,783,834 | F |
| FIXED INCOME | $55,640,218 | F |
| U.S. EQUITIES | $100,205 | F |
| REAL ESTATE | $29,863,805 | F |
| OTHER | $566,456 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $395,684,751 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED POSTRETIREMENT BENEFIT | $3,080,577 |
| LEASE LIABILITIES | $14,997,986 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $18,078,563 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part V, Line 4 - Intended Uses for Endowment Funds | While the balance sheet in Part X classifies the Trust's net assets as without donor restrictions (see explanation in Schedule O: Form 990 - Net Assets), Part IV, Line 10 is answered as "yes,Schedule D, Part V is completed because The Trust does have "permanent funds" within the meaning of the term used in the Form 990 (as distinguished from the accounting standards, where the existence of the Board's variance power affects the classification of the assets for accounting purposes). Indeed, the Trust's stewardship of its endowment funds, so that they continue to support the community in perpetuity, is one of the Trust's most important functions. |
| Part X, Line 2 | The Trust had no uncertain tax positions and as prescribed by FASB ASC 740, a footnote was not required in the audited financial statements. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Investments | $89,927,625 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Investments | $777,755 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Grantmaking | $533,850 |
| North America | 0 | 0 | Grantmaking | $7,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $91,246,230 | SubtotalSpentAmt |
| Total Spent | $91,246,230 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (4 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|
| Europe (Including Iceland and Greenland) | program support | $500,000 | check |
| Europe (Including Iceland and Greenland) | program support. | $15,000 | ACH |
| North America | scholarship award. | $6,000 | check |
| Europe (Including Iceland and Greenland) | program support. | $18,250 | ACH |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2 - Procedures for Monitoring the Use of Grant Funds | FormAndLineReferenceDesc |
| Explanation | Prior to making a grant to a foreign organization, the Trust determines that the potential grantee is recognized as a charity by the foreign country or is a U.S. 501(c)(3) equivalent organization. Foreign grantees are required to submit a report detailing the use of the funds. The report is reviewed to confirm that the funds were used for the intended charitable purpose. Any funds not used for the purpose described are required to be repaid to the Trust. Prior to making a grant to a foreign individual recommended by an advisory committee (based on the specific fund's purposes), the Trust cross-references the individual with the U.S. Treasury Department's specially designated nationals list, and determines that the individual has a J1 Visa and Tax Identification Number. In 2022, the Trust did not make any grants to foreign individuals. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | See attached Schedule I | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $197,284,865 | CashGrantAmt |
| Purpose Of Grant | various | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2328 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Fellowships and awards | GrantTypeTxt |
| Recipient | 49 | RecipientCnt |
| Cash Grant | $230,267 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2 - Procedures for Monitoring the Use of Grant Funds | FormAndLineReferenceDesc |
| Explanation | The Trust's procedures for monitoring the use of grant funds in the United States include checking every proposed grantee to confirm that it is a recognized charitable organization. Each grantee must meet charitable standards for programmatic, governance and financial soundness. For grants made in response to an organization's grant proposal, The Trust issues a grant letter requiring that the grantee use the grant funds in accordance with the budget included in its proposal and that any funds not used for the approved purpose are required to be repaid to The Trust. The grantee is required to issue a formal report to The Trust providing an accounting of the use of the funds and a narrative describing the outcome of the project. Failure to provide this report may preclude future grants. For those grants originating from donor advised funds, the grantee is instructed in writing that no one associated with the fund may receive any benefit as a result of the grant and by accepting the check the organization will comply with these instructions. There were no non-cash grants to governments or organizations in the United States in 2022. Grants to an individual are made pursuant to Advisory Committee recommendation. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | Yes (true) | InitialContractExceptionInd |
| Rebuttable Presumption Proc | Yes (true) | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (19 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| Lorie A Slutsky | ||||||
| President (Thru 7/22) | $462,256 | $60,000 | $262,099 | $123,574 | $10,631 | $918,560 |
| Mercedes Leon | ||||||
| VP & Asst. Secy. (Thru 3/22) | $126,451 | $15,000 | $3,714 | $30,457 | $4,497 | $180,119 |
| Carolyn M Weiss CPA | ||||||
| CFO & Treasurer (Thru 9/22) | $216,463 | $2,923 | $49,835 | $24,753 | $293,974 | |
| Wen Weng CPA | ||||||
| Controller & Asst. Treasurer | $173,646 | $2,000 | $1,352 | $50,772 | $30,943 | $258,713 |
| Kerry E McCarthy | ||||||
| VP & Asst. Secy | $307,377 | $3,535 | $99,019 | $33,853 | $443,784 | |
| Shawn V Morehead | ||||||
| VP & Asst. Secy | $329,082 | $4,001 | $74,406 | $29,029 | $436,518 | |
| David Okorn | ||||||
| LICF Executive Director | $204,606 | $2,528 | $49,206 | $18,496 | $274,836 | |
| Marie D'Costa | ||||||
| VP & Asst. Secy | $218,233 | $2,528 | $52,359 | $32,646 | $305,766 | |
| John J Oddy | ||||||
| VP & Asst. Secy | $228,601 | $2,528 | $46,047 | $6,577 | $283,753 | |
| Martin Lipp | ||||||
| Director of Communications | $183,790 | $7,468 | $47,711 | $29,978 | $268,947 | |
| Carrie Trowbridge | ||||||
| General Counsel & Secy | $373,476 | $7,131 | $41,557 | $6,202 | $428,366 | |
| Tatiana Pohotsky | ||||||
| CIO & Asst. Treasurer | $282,313 | $648 | $43,400 | $22,253 | $348,614 | |
| Irfan Hasan | ||||||
| Deputy VP & Asst. Secy | $193,710 | $2,528 | $65,012 | $18,386 | $279,636 | |
| Amy Freitag | ||||||
| President (as of 7/22) | $403,997 | $3,067 | $44,847 | $16,413 | $468,324 | |
| Leisle Lin | ||||||
| CFO & Treasurer (as of 9/22) | $132,007 | $632 | $24,329 | $2,481 | $159,449 | |
| Ayanna Russell | ||||||
| VP & Asst. Secy (as of 4/22) | $204,255 | $882 | $55,488 | $28,582 | $289,207 | |
| Laura Rossi | ||||||
| WCF Executive Director | $183,006 | $2,528 | $51,230 | $27,534 | $264,298 | |
| Patricia Swann | ||||||
| Program Director | $156,174 | $5,000 | $6,553 | $71,528 | $18,119 | $257,374 |
| Roderick Jenkins | ||||||
| Program Director | $147,290 | $2,000 | $6,264 | $68,185 | $8,099 | $231,838 |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | To help offset the high cost of maintaining an apartment in New York City, and in keeping with compensation practices in other New York City organizations, the board of directors approved, as part of the determination of reasonable compensation that is described in Schedule O, a housing allowance as a component of the former President's aggregate compensation. The housing allowance is included in the former President's taxable income. As part of her responsibilities, the President is required to entertain donors and potential donors. To provide an appropriate venue for this entertainment, the Board Chairman has approved that the President may belong to a social club for which The Trust will reimburse for dues and business usage. Amounts are reimbursed upon submission of an approved expense report with required supporting documentation. This cost is considered to be a valid business expense and is not included in taxable income. |
| Part I, Line 7 | BONUSES ARE BASED ON A NUMBER OF VARIABLES INCLUDING BUT NOT LIMITED TO INDIVIDUAL GOAL ACHIEVEMENTS AS WELL AS ORGANIZATION OPERATION ACHIEVEMENTS. THE FINAL DETERMINATION OF THE BONUS AMOUNT IS DETERMINED AND APPROVED BY THE APPLICABLE BOARD AS PART OF THE OVERALL COMPENSATION REVIEW. |
| Part I, Line 8 | The current President entered into an employment contract with the Organization on March 29, 2022, and commenced her employment on July 6, 2022. |
| Part II, Column b(iii) | The prior President's compensation for 2022 includes the value of vacation days that had accrued but were not used during her tenure and is reflected in Column B(iii). |
| Form 990, Part VII/Schedule J | The IRS Requires that the Trust include for each individual the actuarially imputed increase in the value of his or her share of the defined benefit plan. |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArtGrp | |
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 255 | ContributionCnt |
| Noncash Contributions Rpt F990 | $41,747,772 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Avg of high & low | MethodOfDeterminingRevenuesTxt |
Securities Closely Held Stock SecuritiesCloselyHeldStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $100,045 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Est of sale price | MethodOfDeterminingRevenuesTxt |
Secur Prtnrshp Trust Intrsts SecurPrtnrshpTrustIntrstsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $4,112,560 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV of asset | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Form8283 Received | 2 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, column (b) | The Trust is reporting the number of contributions received. |
| Part I, line 32b | The Trust does not utilize the services of a third party to solicit any contributions of publicly traded securities. For all non-cash gifts, the Trust utilizes the services of a third party to process and liquidate the position as quickly as possible. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990 - Additional Information | This is a consolidated return for The New York Community Trust (13-3062214) and Community Funds, Inc. (13-6089923). The above named taxpayers were granted permission by the IRS to file a consolidated return. The main office for both is located at 909 Third Avenue, New York, NY 10022. |
| Form 990 - Organization Mission | Form 990, Part III, Line 1 The Trust is a grantmaking foundation dedicated to improving the lives of residents of New York City, Long Island, and Westchester. We bring together individuals, families, foundations, and businesses to build a better community and support nonprofits that make a difference. We apply knowledge, creativity, and resources to the most challenging issues in an effort to ensure meaningful opportunities and a better quality of life for all New Yorkers, today and tomorrow. |
| Form 990 - Program Service Accomplishments | FORM 990, PART III, LINE 4A HEALTHY LIVES: AS HEALTH CARE CHANGES, THE TRUST IS HELPING PROVIDERS DELIVER EFFICIENT, COST-EFFECTIVE SERVICES TO ALL NEW YORKERS. THE TRUST MADE $11 MILLION IN GRANTS TO SUPPORT INITIATIVES THAT IMPROVE QUALITY OF CARE, STRENGTHEN HEALTH CARE PROVIDERS, ADDRESS COSTS AND HEALTH DISPARITIES, AND DEVELOP THE SKILLS AND INDEPENDENCE OF PEOPLE WITH DISABILITIES. AS THE CORONAVIRUS PANDEMIC ABATED, GRANTS HELPED ENSURE PEOPLE RETAINED HEALTH COVERAGE AND HELPED YOUNG PEOPLE COPE WITH MENTAL HEALTH CHALLENGES EXACERBATED BY THE PANDEMIC. THE TRUST ALSO MADE GRANTS TO PROMOTE THE WELFARE OF THE CITY'S COMPANION AND WILD ANIMALS. PROMISING FUTURES: WE MADE GRANTS TO VARIOUS ORGANIZATIONS TOTALING $23.2 MILLION TO BUILD PROMISING FUTURES BY HELPING YOUNG PEOPLE PROSPER BY PROVIDING JOB TRAINING AND PLACEMENT; MAKING OUR EDUCATIONAL AND JUSTICE SYSTEMS WORK FOR EVERYONE; ALLEVIATING HUNGER AND HOMELESSNESS; AND IMPROVING FAMILY AND CHILD WELFARE SERVICES. IN PARTICULAR, GRANTS CONTINUED TO ASSIST ORGANIZATIONS' EFFORTS TO IMPROVE WORKFORCE TRAINING PROGRAMS AT THE CITY'S PUBLIC COMMUNITY COLLEGES, DEVELOP YOUNG LEADERS, IMPROVE SOCIAL WORK POLICY AND PRACTICE, AND PROVIDE LEGAL AND OTHER HELP TO THE CITY'S IMMIGRANTS. THRIVING COMMUNITIES: WE MADE $19.4 MILLION IN GRANTS TO NONPROFIT ORGANIZATIONS THAT PROTECT AND CREATE AFFORDABLE HOUSING, PROMOTE EQUITY IN THE ARTS, IMPROVE CIVIC ENGAGEMENT, AND PROTECT OUR ENVIRONMENT. WE SUPPORT NONPROFIT ORGANIZATIONS AND GOVERNMENT AGENCIES WORKING ON THE DEVELOPMENT OF STRATEGIES TO COMBAT THESE ISSUES AT THE NEIGHBORHOOD LEVEL. WE ALSO SUPPORT EFFORTS TO IMPROVE THE FUNCTIONING OF THESE NONPROFITS AND GOVERNMENT AGENCIES. GRANTS CONTINUED TO HELP NONPROFITS ADAPT TO THE LINGERING EFFECTS OF THE PANDEMIC, ENCOURAGE PEOPLE TO PARTICIPATE IN ELECTIONS, AND REDUCE CLIMATE POLLUTION AS WELL AS PROMOTE CLEAN ENERGY. SPECIAL PROJECTS AND PHILANTHROPY: WE MADE $4.7 MILLION IN GRANTS TO ADDRESS UNMET NEEDS, AND LEVERAGE SUPPORT FOR EMERGING ISSUES. GRANTS SOUGHT TO HELP IMPROVE THE AVAILABILITY AND QUALITY OF EARLY CHILD CARE AS WELL AS SUPPORT MIGRANTS ARRIVING IN THE CITY. AS A LEADING COMMUNITY FOUNDATION, OUR ACTIVE PARTICIPATION IN ASSOCIATIONS OF GRANTMAKERS AND CHARITABLE 'WATCHDOG' GROUPS, OUR COOPERATIVE PROJECTS WITH OTHER FOUNDATIONS, AND OUR CONTINUING DIALOGUE WITH FEDERAL, STATE, AND LOCAL GOVERNMENT OFFICIALS, HELP ENSURE THAT OUR RESOURCES ARE USED STRATEGICALLY. |
| Form 990 - Oranization's Process to Review Form 990 | Form 990, Part VI, Section B, line 11b The Form 990 is prepared internally and reviewed by the finance team and the COO/CFO of the Trust. It is also reviewed by external counsel and an independent public accounting firm who signs the 990 as paid preparer. The form is distributed to the full voting board in advance of filing with the IRS. |
| Form 990 - Enforcement of Conflicts Policy | Form 990, Part VI, Section B, line 12c On an annual basis, all members of the governing board, officers, and senior staff are required to review the conflict of interest policy and complete a questionnaire concerning compliance. The forms are reviewed by the General Counsel to ensure ongoing compliance, and to determine whether or not a conflict exists. A conflict with respect to a potential transaction is required to be disclosed, and the conflicted staff or board member is excluded from participating in deliberations and decisions concerning the matter. |
| Form 990 - Compensation Process for Top Official | Form 990, Part VI, Section B, line 15a The Trust has established a Compensation Committee comprised of several independent members of the Board of Directors to set compensation of the President after reviewing comparability data provided by a compensation consultant engaged to evaluate the President's compensation package and compare the President's compensation to industry standards. The Committee uses this information to provide a recommendation to the full Board of Directors, which determines the President's compensation for the year. |
| Form 990 - Compensation Process for Officers | Form 990, Part VI, Section B, line 15b Officers receive annual performance appraisals from the President, or their supervisor if the supervisor is not the President. Officer compensation is evaluated for reasonableness after review of the comparability data, through review of salary surveys and the periodic engagement of an independent compensation consultant to compare salaries to industry standards. The Board of Directors approves compensation for officers as a component of annual budgets. |
| Form 990 - Governing Documents Disclosure Explanation | Form 990, Part VI, Section C, line 19 The Trust makes its Form 990 and financial statements available for public inspection upon request and on the Trust's website www.nycommunitytrust.org. The Trust makes its Form 1023, Resolution & Declaration of Trust, Certificate of Incorporation, and conflict of interest policy available for public inspection upon request. |
| Form 990 - Other Changes in Net Assets Explanation | Form 990, Part XI, line 9 Other changes in net assets or fund balances represent other pension and postretirement medical changes of $2,547,952 and other components of net periodic cost of $1,358,663. |
| Form 990 - Net Assets | Per the Accounting Standards Codification (ASC) net assets without donor restrictions are net assets which are not subject to donor-imposed stipulations, or the restrictions have expired and/or have been satisfied. Accounting standards further provide that if the governing body of an organization has the ability to remove a donor restriction, the contributions should be classified as net assets without donor restrictions. While many of the Trust's assets are subject to donor-imposed purpose and/or endowment restrictions, as a community foundation The Trust's governing documents provide for the exercise of "variance power," which is the Board's power to lift one or more restrictions in a gift instrument where changed circumstance have rendered literal compliance with the restriction unnecessary, undesirable, impractical, or impossible. Accounting standards further provide that if the governing body of an organization has the ability to remove a donor restriction, the contributions should be classified as net assets without donor restrictions. Accordingly, Part X, Line 27 classifies net assets of the Trust as net assets without donor restrictions, consistent with the audited financial statements. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The James Foundation | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 21506 Maramec Spring Drive | AddressLine1Txt |
| City | St James | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 65559 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131614951 | EIN |
| Primary Activities | Park mgmt. | PrimaryActivitiesTxt |
| Legal Domicile State | MO | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 10 | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NYCT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE LEAD ANNUITY TRUST (1) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | CHARITABLE | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NYCT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | Trust | EntityTypeTxt |
| Share Of Total Income | $59,979 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $341,347 | ShareOfEOYAssetsAmt |
| Ownership | 0.05998 | OwnershipPct |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (true) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| The James Foundation | ||
| b | $621,000 | Cash |
| Charitable Lead Annuity Trust | ||
| a | $59,979 | FMV |
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