2022-05-13T12:39:09-05:00 2021-06-30 BDO USA LLP 100 PARK AVENUE NEW YORK NY 100175001 990 2020-07-01 131624123 NEW YORK FOUNDLING % MICHAEL KURTZ NEWY 2128864060 590 AVENUE OF THE AMERICAS NEW YORK NY 10011 WILLIAM BACCAGLINI CFO 2128864060 2022-05-12 true WILLIAM BACCAGLINI 999009999 Paul Hammerschmidt P01384178 2128858000 2 2020 2022-09-23 18:48:47Z WILLIAM BACCAGLINI 590 AVENUE OF THE AMERICAS NEW YORK NY 100112019 243425903 false 0928 X WWW.NYFOUNDLING.ORG X 1869 NY SEE SCHEDULE O 23 23 3251 278 0 0 70841301 82128566 90739936 123728510 3515734 28055505 3881044 4511760 168978015 238424341 0 0 0 0 114940076 142810576 0 0 927873 61358175 68356272 176298251 211166848 -7320236 27257493 313522457 340385536 75410032 106829209 238112425 233556327 X THE NEW YORK FOUNDLING, IN THE TRADITION OF OPENNESS AND COMPASSION OF ITS SPONSORS, THE SISTERS OF CHARITY, HELPS CHILDREN, YOUTH, ADULTS, AND FAMILIES IN NEED THROUGH SERVICES, SUPPORTS, AND ADVOCACY THAT STRENGTHEN FAMILY AND COMMUNITY AND HELP EACH INDIVIDUAL REACH THEIR FULL POTENTIAL. false false 81730235 0 88526026 DEVELOPMENTAL DISABILITIES - THE FOUNDLING PROVIDES SUPPORT FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES THROUGHOUT THE NEW YORK METROPOLITAN AREA, REACHING MORE THAN 1000 ADULTS AND CHILDREN EVERY YEAR. OUR PROGRAMS CREATE A SUPPORTIVE AND NURTURING ENVIRONMENT, HELPING THE PEOPLE WE SERVE STRIVE TOWARD INDEPENDENCE AND BECOME THRIVING MEMBERS OF THEIR COMMUNITIES. 45089545 0 29551129 CHILD WELFARE - THE FOUNDLING IS KNOWN LOCALLY, NATIONALLY, AND INTERNATIONALLY FOR OUR EVIDENCE-BASED PROGRAMS FOR CHILDREN, ADOLESCENTS, AND FAMILIES. EVIDENCE-BASED PROGRAMS ARE PROVEN TO BE THE MOST EFFECTIVE PROGRAMS TO STRENGTHEN FAMILIES AND PREVENT THE NEED FOR CHILD WELFARE SYSTEM INVOLVEMENT. THE SUCCESS OF THESE PROGRAMS RESULT IN MAJOR TAXPAYER SAVINGS, AND, MOST IMPORTANTLY, KEEPS FAMILIES SAFE, SUPPORTED, AND TOGETHER. 34792025 0 0 EDUCATION - AT THE NEW YORK FOUNDLING, WE SEE EDUCATION AS THE PATHWAY TO INDEPENDENCE. ALL OF OUR PROGRAMS LAY THE GROUNDWORK FOR HEALTHY DEVELOPMENT, WELLBEING, AND SELF-DETERMINATION BY TEACHING CRITICAL LIFE AND LEARNING SKILLS. WE UNDERSTAND THAT EDUCATION IS MUCH MORE THAN WHAT HAPPENS IN A CLASSROOM, AND INCLUDES FAMILIES LEARNING TO COMMUNICATE, INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES LEARNING JOB SKILLS, AND CHILDREN WHO HAVE EXPERIENCED TRAUMA LEARNING STUDY SKILLS. 22266006 0 10163115 183877811 true true false true false false false false true true true true false true true true false true false false false false false false true false false false false true true false false false false false false false false false false true false false false false true true true false false true 148 0 true 3251 true false false false false false true true false false false false false false X 23 23 false false false false true true true true true false false true true true true true true true true false X X MICHAEL KURTZ 2128864060 590 AVENUE OF THE AMERICAS NEW YORK NY 100112019 X WILLIAM BACCAGLINI CEO & PRESIDENT 35.0 0.0 X 594446 0 120789 JOSEPH SACCOCCIO SR. VP - MEDICAL PROGRAMS 35.0 0.0 X 287284 0 56727 MICHAEL KURTZ SR. VP & CFO 35.0 1.0 X 264890 0 46635 JILL GENTILE SR. VP DEVELOPMENTAL DISAB. 35.0 1.0 X 262300 0 46495 VALERIE RUSSO THRU 052021 SR. VP & COO 35.0 0.0 X 260755 0 42647 CARMEN JIRAU RIVERA EXECUTIVE VP & CPO 35.0 1.0 X 280106 0 17045 SYLVIA ROWLANDS thru 8120 SVP EVIDENCE-BASED PROGRAMS 35.0 0.0 X 225473 0 53912 ROSLYN MUROV SVP MENTAL HEALTH SERVICES 35.0 0.0 X 249843 0 22813 DANIELLA VOLCY VICE PRESIDENT 35.0 0.0 X 207927 0 36505 VICTORIA IZRAYLEVSKY VICE PRESIDENT 35.0 0.0 X 221441 0 22253 ARIK HILL CHIEF INFORMATION OFFICER 35.0 0.0 X 208051 0 29103 PAUL D O'KEEFE THRU 092020 MEDICAL DIRECTOR 35.0 0.0 X 219713 0 15257 DEANA TIETJEN FAMILY LAW COUNSEL 35.0 0.0 X 185923 0 38336 JENNIFER CABRERA PSYCHIATRIST 35.0 0.0 X 207631 0 13726 RUTH GERSON EFF 032020 SR. VP MENTAL HEALTH Services 35.0 0.0 X 206731 0 7019 ROBERT E KING JR CHAIRPERSON 2.0 0.0 X X 0 0 0 DONNA DODGE VICE PRESIDENT 2.0 0.0 X X 0 0 0 DAVID MULLANE TREASURER 2.0 0.0 X X 0 0 0 SR CAROL BARNES SC SECRETARY 10.0 0.0 X X 0 0 0 JOHN H BANKS TRUSTEE 1.0 0.0 X 0 0 0 ERIK BECK TRUSTEE 1.0 0.0 X 0 0 0 FRANK BRUNCKHORST TRUSTEE 1.0 0.0 X 0 0 0 JAMES BRUNE TRUSTEE 1.0 0.0 X 0 0 0 JAMES HASSO TRUSTEE 1.0 0.0 X 0 0 0 SR VIVIENNE JOYCE SC TRUSTEE 1.0 0.0 X 0 0 0 SARAH KIM TRUSTEE 1.0 0.0 X 0 0 0 PATRICIA A MULVANEY TRUSTEE 1.0 0.0 X 0 0 0 STEVEN J MUSUMECI TRUSTEE 1.0 0.0 X 0 0 0 PAUL NEALE TRUSTEE eff. July 2020 1.0 0.0 X 0 0 0 DANIEL ONEGLIA TRUSTEE 1.0 0.0 X 0 0 0 LINDA O'NEILL TRUSTEE 1.0 0.0 X 0 0 0 NADIA OWENS TRUSTEE 1.0 0.0 X 0 0 0 SR CHARLOTTE RAFTERY SCLCSW TRUSTEE 1.0 0.0 X 0 0 0 JESUS ROSARIO REYES TRUSTEE 1.0 0.0 X 0 0 0 ANDREW S ROFFE TRUSTEE 1.0 0.0 X 0 0 0 DENNIS SHEEHAN TRUSTEE 1.0 0.0 X 0 0 0 ANGELIQUE SINA TRUSTEE eff. July 2020 1.0 0.0 X 0 0 0 KATHLEEN L WERNER TRUSTEE 1.0 0.0 X 0 0 0 3882514 0 569262 63 false true false UG2 LLP PO BOX 5972 SPRINGFIELD MA 01101 FACILITY MAINTENANCE 2454497 FFT PARTNERS LLC 51 West DAYTON Street Suite 101 EDMONDS WA 98020 Consulting 935618 MG SECURITY SERVICES LLC 7 West 36th Street 12 FLOOR NEW YORK NY 10018 Security 898864 MST SERVICES LLC PO BOX 603489 CHARLOTTE NC 282603489 Consulting 589189 BDO USA LLP 100 PARK AVENUE NEW YORK NY 100175001 accounting services 438830 20 588904 75558199 5981463 1035472 82128566 NYS OPWDD 623990 88526026 88526026 FOSTER CARE 623990 23519902 23519902 FOSTER CARE MEDICAID 623990 6031227 6031227 ARTICLE 31 623990 5650314 5650314 NYS DOE FOOD PROGRAM 623990 1041 1041 123728510 2639125 2639125 0 0 0 0 0 30361466 4945086 25416380 25416380 25416380 56476 588904 56476 0 0 0 0 0 0 OTHER PROGRAM REVENUE 900099 3391063 3391063 SUB-LEASE RENT INC. FROM CHARTER SCHOOL 900099 1120697 1120697 4511760 238424341 128240270 28055505 0 0 0 0 2907564 1206142 1701422 0 0 110832639 100422868 9759036 650735 3085592 2892450 177430 15712 14710176 13560874 1076705 72597 11274605 10353436 865878 55291 0 897197 472065 425132 350304 184314 165990 70670 70670 0 336567 336567 6183604 2624060 3485810 73734 0 7091237 6667240 406524 17473 0 0 8313164 8210109 103055 2888397 2087720 799366 1311 0 0 1171147 616470 546703 7974 0 5476869 3851207 1624645 1017 2196219 921216 1275003 EQUIPMENT REPAIR/MAINTENANCE 10093937 9186112 883031 24794 BOARD HOME/CLOTHING PASSTHRU 7479117 7479117 PURCHASED SERVICES 7088621 5552490 1536131 ADMINISTRATIVE EXPENSES 2202267 1544004 651822 6441 6516955 5975247 540914 794 211166848 183877811 26361164 927873 6319281 9414248 9233298 8998172 1054424 42212 32241656 37116380 0 0 0 0 660000 600000 174634 192568 1008803 1148400 140398951 60532947 80667653 79866004 133489567 117018598 45393895 61059811 0 0 0 0 3279246 24929143 313522457 340385536 22411417 32316228 0 0 0 0 7599607 7002547 323412 327284 0 0 15183470 20223500 15856666 10000000 14035460 36959650 75410032 106829209 X 224121881 220132078 13990544 13424249 238112425 233556327 313522457 340385536 X 27257493 -28706215 -3107376 X false true X true true true X 118354732 121932867 74848122 70841301 82128566 468105588 0 0 118354732 121932867 74848122 70841301 82128566 468105588 0 468105588 1171722 1087522 1277309 4161740 2639125 10337418 0 0 478443006 342314050 0.97839 0.98103 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 70670 false false 70670 false false PART II-B, LINE 1G: LEGISLATIVE AND REGULATORY ACTIVITIES AS IT IMPACTS NEW YORK FOUNDLING'S OPERATIONS AND REIMBURSEMENT RATES: HINMAN........................$34,670. TLM ASSOCIATES, LLC...........$36,000. false true X 3963541 1001 2121148 2121148 3964542 3962541 1000 1361834 1361834 3963541 3961541 1000 160211 160211 3962541 3960541 1000 266544 266544 3961541 4163953 1000 80343 80343 204412 3960541 1.00000 false false 8227050 8227050 83024089 32542798 50481291 33585492 14867093 18718399 14398586 13123056 1275530 1163734 0 1163734 79866004 PYRFORD INTERNATIONAL TRUST 9114879 F EAGLE ROCK 5717981 F WHITEBOX HEDGED HIGH YIELD LTD 3068214 F GLAZER 7356073 F QIM GLOBAL FUND, LTD. 2730961 F HIGHVIEW FINANCING HOLDING CO 5243580 F WH HARPER FUND VIII LP 0 F DISCIPLINED ALPHA OFFSHORE 3716607 F BLUE DIAMOND 6678746 F WI HARPER FUND VII LP 2971019 F SRB OPCO II 1252250 F INNOVATION - III 1483298 F INNOVATION - IV 1503076 F WI HARPER FUND VIII LP 3862673 F ER PROPERTIES 1019295 F ROYALTY PHARMA - CAYMAN 299174 F ALPHA QUEST 5041985 F 61059811 RIGHT-OF-USE ASSETS 22627702 ASSETS LIMITED AS TO USE 1415883 SECURITY DEPOSITS 558274 CONSUMER FUNDS 327284 24929143 0 OPERATING LEASE LIABILITIES 24476435 DUE TO GOVERNMENTAL AGENCIES 10357816 DUE TO AFFILIATES 2065660 BOND ISSUANCE COSTS 59739 36959650 X PART IV, LINE 2B: CONSUMER FUNDS CONSIST OF CASH DEPOSITS HELD ON BEHALF OF RESIDENTS OF THE ORGANIZATION'S OPWDD PROGRAM FOR THE RESIDENTS' PERSONAL USE. FUNDS ARE MANAGED IN ACCORDANCE WITH OPWDD REGULATIONS AND NEW YORK STATE SOCIAL SERVICES LAW. PART V, LINE 4: INVESTMENT EARNINGS FROM PERMANENT FUNDS ARE USED FOR GENERAL OPERATING EXPENSES. PART X, LINE 2: NEW YORK FOUNDLING HAS NOT TAKEN ANY UNSUBSTANTIATED TAX POSITIONS THAT WOULD REQUIRE PROVISION OF A LIABILITY UNDER ASC 740, INCOME TAXES. UNDER ASC 740, AN ORGANIZATION MUST RECOGNIZE THE TAX LIABILITY ASSOCIATED WITH UNCERTAIN TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. THE ORGANIZATION DOES NOT BELIEVE THAT THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION HAS FILED INTERNAL REVENUE SERVICE (IRS) FORM 990, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHEN IT IS REQUIRED. FOR THE YEAR ENDED JUNE 30, 2021, THERE WAS NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. FALL FETE 622255 566029 56226 0 0 0 0 0 56226 BLUE PARTY 23125 22875 250 0 0 0 0 0 250 0 645380 588904 56476 0 0 0 0 0 56476 56476 X X X true true false false false false false true false WILLIAM BACCAGLINI CEO & PRESIDENT 510347 0 50000 0 34099 0 105127 0 15662 0 715235 0 0 0 CARMEN JIRAU RIVERA EXECUTIVE VP & CPO 276941 0 0 0 3165 0 16563 0 482 0 297151 0 0 0 MICHAEL KURTZ SR. VP & CFO 263245 0 0 0 1645 0 36386 0 10249 0 311525 0 0 0 JOSEPH SACCOCCIO SR. VP - MEDICAL PROGRAMS 284119 0 0 0 3165 0 46530 0 10197 0 344011 0 0 0 SYLVIA ROWLANDS thru 8120 SVP EVIDENCE-BASED PROGRAMS 167777 0 0 0 57696 0 34027 0 19885 0 279385 0 0 0 JILL GENTILE SR. VP DEVELOPMENTAL DISAB. 260655 0 0 0 1645 0 36246 0 10249 0 308795 0 0 0 VALERIE RUSSO THRU 052021 SR. VP & COO 260182 0 0 0 573 0 11012 0 31635 0 303402 0 0 0 RUTH GERSON EFF 032020 SR. VP MENTAL HEALTH Services 206731 0 0 0 0 0 6923 0 96 0 213750 0 0 0 PAUL D O'KEEFE THRU 092020 MEDICAL DIRECTOR 219676 0 0 0 37 0 8149 0 7108 0 234970 0 0 0 ROSLYN MUROV SVP MENTAL HEALTH SERVICES 246678 0 0 0 3165 0 12564 0 10249 0 272656 0 0 0 ARIK HILL CHIEF INFORMATION OFFICER 207478 0 0 0 573 0 8605 0 20498 0 237154 0 0 0 VICTORIA IZRAYLEVSKY VICE PRESIDENT 221067 0 0 0 374 0 4551 0 17702 0 243694 0 0 0 DANIELLA VOLCY VICE PRESIDENT 207711 0 0 0 216 0 7893 0 28612 0 244432 0 0 0 JENNIFER CABRERA PSYCHIATRIST 207631 0 0 0 0 0 6734 0 6992 0 221357 0 0 0 DEANA TIETJEN FAMILY LAW COUNSEL 185923 0 0 0 0 0 9739 0 28597 0 224259 0 0 0 PART I, LINE 4a: on Part II, column Biii. SYLVIA ROWLANDS, SVP EVIDENCE-BASED PROGRAMS thru 8/1/2020, received a severance payment of $56,782 as reported on Part II, column Biii. PART I, LINE 4B: WILLIAM BACCAGLINI, CEO, IS A PARTICIPANT IN A SECTION 457(F) PLAN AND EARNED $45,765 DURING THE REPORTING PERIOD WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN (C). PART I, LINE 7: THE AMOUNT OF THE INCENTIVE COMPENSATION IS DETERMINED SOLELY BY THE EXECUTIVE COMMITTEE OF FOUNDLING'S BOARD OF TRUSTEES BASED, IN PART, ON EVIDENCE OF EXTRAORDINARY PERFORMANCE BY MR. BACCAGLINI TOWARD HIS PROGRESS IN DEVELOPING AND IMPLEMENTING ALL ASPECTS OF FOUNDLING'S BUSINESS PLANS AND STRATEGIC PLANS, AS WELL AS HIS EFFORTS IN GUIDING THE AGENCY TOWARD ATTAINMENT OF FOUNDLING'S OPERATIONAL GOALS. MR. BACCAGLINI IS ELIGIBLE TO RECEIVE, INCENTIVE COMPENSATION NOT TO EXCEED $50,000 PER YEAR. THE INCENTIVE COMPENSATION HE RECEIVED IN 2020 IS REPORTED ON SCHEDULE J, PART II, COLUMN B(II). A DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 649903E98 2008-06-17 54630821 FACILITY CONSTRUCTION & RENOVATION false false true B Rockland County Economic Assistance Corp (RCEAC) 274524167 2012-06-27 5000000 REFINANCING false false true A 0 0 54630821 1581673 0 0 1052628 0 0 51996520 0 0 false false true true B 0 0 5000000 0 0 0 100000 0 0 4572540 0 327460 false false true true A false false false false 0 false false false true B false false false false 0 false false false true A false true false false false false 0 false 0 false true B false true false false false false 0 false 0 false true A true B true X 5 1035472 MARKET QUOTATION false true false PART I, COLUMN (B): THE NUMERICAL DATA IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. PART I, LINE 31: NEW YORK FOUNDLING SHALL SEEK THE ADVICE OF LEGAL COUNSEL ON MATTERS RELATING TO RECEIPT OF NON-STANDARD CONTRIBUTIONS. FORM 990, PART I, LINE 1: REGARDLESS OF CREED OR COLOR, THE FOUNDLING PROVIDES PREVENTIVE SERVICES TO KEEP CHILDREN SAFE AT HOME AND AVOID THE FOSTER CARE SYSTEM; AND SUPERVISION OF CHILDREN IN FOSTER AND ADOPTION HOMES; AFTER-CARE SUPERVISION OF CHILDREN DISCHARGED FROM FOSTER CARE; TUTORING OF CHILDREN IN THE FOSTER CARE SYSTEM; AND SHELTER, CARE AND CASEWORK SERVICES TO UNMARRIED MOTHERS. THE FOUNDLING ALSO PROVIDES SERVICES TO INDIVIDUALS WITH INTELLECTUAL AND/OR DEVELOPMENTAL DISABILITIES. FORM 990, PART III, LINE 4D: 1. HEALTH AND BEHAVIORAL HEALTH - OUR HEALTH AND BEHAVIORAL HEALTH SERVICES SUPPORT CHILDREN AND ADOLESCENTS WHO HAVE EXPERIENCED POVERTY, CRISES, ABUSE, AND FAMILY STRESS IN THEIR HOME AND COMMUNITY TO HELP THEM MANAGE THEIR CHALLENGES IN THE CONTEXT OF THEIR EVERYDAY LIVES. USING EVIDENCE BASED APPROACHES AND EMPLOYING HIGHLY-TRAINED MEDICAL AND MENTAL HEALTH PROFESSIONALS, OUR PROGRAMS MEET PEOPLE WHERE THEY ARE, AND CREATE STABILITY AS THEY ADDRESS THEIR HEALTH NEEDS. TOTAL EXPENSES: $13,566,467. TOTAL REVENUE: $5,650,314 2. JUVENILE JUSTICE - OUR JUVENILE JUSTICE SYSTEM WORKS LIKE A MAZE WITH TOO MANY ENTRANCES IN, BUT FAR TOO FEW EXITS OUT. DIVERSION PROGRAMS FOR YOUNG PEOPLE CAUGHT IN THE SYSTEM USE THERAPY AND COUNSELING TO ADDRESS AND RESOLVE THE BEHAVIOR THAT LED THE INDIVIDUAL INTO THE MAZE, OFFERING A VIABLE ALTERNATIVE TO CONVICTION, JAIL TIME, AND A CRIMINAL RECORD. TOTAL EXPENSES: $4,425,999. 3. OTHER PROGRAMS - PROVIDE FAMILY-CENTERED AND COMMUNITY BASED SERVICES SUCH AS EDUCATION, SUPPLEMENTAL HOUSING, AND CAREER PLANNING. TOTAL EXPENSES: $5,103,492. TOTAL REVENUE: $4,512,801 FORM 990, PART VI, SECTION A, LINE 6: THE MEMBERSHIP OF THE CORPORATION CONSISTS OF ONE (1) CLASS OF MEMBERS WHO ARE MEMBERS OF THE SISTERS OF CHARITY. FORM 990, PART VI, SECTION A, LINES 7A AND 7B: AT EACH ANNUAL MEETING THE MEMBERS OF THE CORPORATION ELECT FROM THEIR OWN MEMBERSHIP BY A MAJORITY VOTE, A CHAIRPERSON AND A SECRETARY. FORM 990, PART VI, SECTION B, LINE 11B: SENIOR MANAGEMENT OF THE ORGANIZATION'S ACCOUNTING DEPARTMENT COMPLETE A TAX ORGANIZER AND FURNISH IT TO THE ORGANIZATION'S TAX PREPARERS AT THE INDEPENDENT CPA FIRM WHO PREPARE AND REVIEW FORM 990 BEFORE FURNISHING DRAFT FORM 990 TO THE ORGANIZATION. DRAFT FORM 990 IS REVIEWED BY THE ASSISTANT VICE PRESIDENT AND CFO PRIOR TO BEING SENT TO THE AUDIT COMMITTEE FOR REVIEW, DISCUSSION AND APPROVAL AND DISTRIBUTION TO THE FULL BOARD. FORM 990 IS DISTRIBUTED TO THE FULL BOARD IN ELECTRONIC FORM WHERE POSSIBLE OR PAPER WHEN REQUESTED. FORM 990, PART VI, SECTION B, LINE 12C: THE ORGANIZATION HAS A WRITTEN POLICY THAT REQUIRES OFFICERS, DIRECTORS, TRUSTEES AND KEY PERSONNEL TO EXECUTE AN ANNUAL (ALSO REQUIRED FOR NEW KEY PERSONNEL AND BOARD MEMBERS PRIOR TO ASSUMING THEIR POSITION) STATEMENT OF DISCLOSURE OF INTERESTS, RELATIONSHIPS AND HOLDINGS THAT COULD POTENTIALLY RESULT IN A CONFLICT OF INTEREST OF THEMSELVES AND THEIR FAMILY MEMBERS. IF A CONFLICT OF INTEREST SHOULD ARISE OR CAN BE REASONABLY CONSTRUED, THE OFFICERS, DIRECTORS, TRUSTEES AND KEY PERSONNEL WILL BE REFRAINED FROM PARTICIPATING IN THE DECISION-MAKING PROCESS. IN THE EVENT THAT THERE MUST BE A DECISION REGARDING THE CONFLICT, THE MATTER WILL BE REFERRED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FOR A DECISION. FORM 990, PART VI, SECTION B, LINES 15A AND 15B: THE GOVERNANCE COMMITTEE ("COMMITTEE") ANNUALLY REVIEWS INDEPENDENTLY OF THE CHIEF EXECUTIVE OFFICER ("CEO") THE PERFORMANCE OF THE CEO. THE CEO'S COMPENSATION AND BENEFITS ARE FIXED PURSUANT TO A MULTI-YEAR CONTRACT WITH THE CEO. NEW YORK FOUNDLING HAS COMPLIED WITH NEW YORK STATE LAW EXECUTIVE ORDER 38 ("EO 38"), AND PROVIDED THE FINANCE COMMITTEE WITH THE BENCHMARK SALARY COMPARISONS FOR THE FOLLOWING EXECUTIVE POSITIONS: - CHIEF EXECUTIVE OFFICER - CHIEF OPERATIONS OFFICER - CHIEF FINANCIAL OFFICER THE MINUTES OF THE DECISIONS OF THE BOARD AND THE FINANCE COMMITTEE ARE PREPARED BEFORE THE LATER OF THE NEXT MEETING OR 60 DAYS AFTER THE FINAL ACTION OF THE BOARD AND THE COMMITTEE. THE MINUTES RECORD A) THE DATE OF THE DECISION B) THE MEMBERS PRESENT DURING THE DECISION AND THOSE WHO VOTED ON IT AND C) THE FULL TERMS OF THE COMPENSATION ARRANGEMENTS THAT WERE REVIEWED. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (BYLAWS AND ARTICLES OF INCORPORATION), CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE AT ITS PRINCIPAL OFFICE DURING REGULAR BUSINESS HOURS AND BY MAIL UPON PERSONAL OR WRITTEN REQUEST. ANNUAL INFORMATION RETURNS ARE AVAILABLE TO THE PUBLIC VIA THE SAME METHOD FOR A PERIOD OF THREE YEARS. FORM 990, PART XI, LINE 9: OTHER ADJUSTMENTS TO NET ASSETS: CHANGE IN UNFUNDED PENSION OBLIGATION...........$ 148,927. LOSS ON DISPOSAL OF LEASEHOLD IMPROVEMENTS......$(2,695,706.) LOSS ON EARLY TERMINATION OF LEASE..............$ (560,596.) ________________ TOTAL ADJUSTMENTS TO NET ASSETS.................$(3,107,375.) EVELYN DOUGLIN CENTER FOR SERVING PEOPLE 241 37TH STREET BROOKLYN NY 11232 113356044 SVC. PROVIDER NY 501(C)(3) 10 NYF true false false false false true false false false false false false false false true true false false false true EVELYN DOUGLIN CENTER FOR SERVING PEOPLE E 2065660 COST