2021-11-12T11:14:54-06:00 2020-12-31 222428965 CITRIN COOPERMAN & CO LLP 50 ROCKEFELLER PLAZA NEW YORK NY 10020 990 2020-01-01 061671668 ISLANDERS CHILDREN'S FOUNDATION INC C/O NEW YORK ISLANDERS HOCKEY CLUB ISLA 5169352213 15 VERBENA AVENUE FLORAL PARK NY 11001 ARTHUR J MCCARTHY TREASURER 5169352213 2021-11-10 1 ARTHUR MCCARTHY 999009999 JOSEPH J BARRECA P00310073 2126971000 2021-11-10 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ARTHUR J MCCARTHY 15 VERBENA AVENUE FLORAL PARK NY 11001 831941 0 X N/A X 2002 NY THE ISLANDERS CHILDREN'S FOUNDATION IS DEDICATED TO SUPPORTING THE YOUTH OF THE LOCAL COMMUNITY BY PROVIDING OPPORTUNITIES TO CHILDREN. NOT ONLY DOES THE ICF DO THIS BY WORKING WITH LOCAL NON-PROFIT ORGANIZATIONS BUT ALSO CREATED A VARIETY OF IN-HOUSE PROGRAMS. THE FOUNDATION'S MAIN AREAS OF FOCUS ARE HEALTH, EDUCATION AND YOUTH HOCKEY DEVELOPMENT. DONATIONS ARE RAISED FOR THE FOUNDATION THROUGH THE TIRELESS EFFORTS OF ISLANDERS PLAYERS, MANAGEMENT AND EMPLOYEES, ALONG WITH THE SUPPORT OF LOYAL SPONSORS AND FANS. 4 4 0 275 0 0 711038 614329 0 0 0 0 140747 96021 851785 710350 141005 220288 0 0 57668 53209 0 0 0 692097 659718 890770 933215 -38985 -222865 465372 255043 505219 517755 -39847 -262712 X THE ISLANDERS CHILDREN'S FOUNDATION (ICF) IS DEDICATED TO SUPPORTING THE YOUTH OF THE LOCAL COMMUNITY BY PROVIDING OPPORTUNITIES TO CHILDREN. NOT ONLY DOES THE ICF DO THIS BY WORKING WITH LOCAL NON-PROFIT ORGANIZATIONS BUT ALSO CREATED A VARIETY OF IN-HOUSE PROGRAMS. THE ICF'S MAIN AREAS OF FOCUS ARE HEALTH, EDUCATION AND YOUTH HOCKEY DEVELOPMENT. DONATIONS ARE RAISED FOR THE FOUNDATION THROUGH THE TIRELESS EFFORTS OF ISLANDERS PLAYERS, MANAGEMENT AND EMPLOYEES, ALONG WITH THE SUPPORT OF LOYAL SPONSORS AND FANS. THE ICF RAISES AWARENESS AND FUNDS THROUGH A VARIETY OF EVENTS AND INITIATIVES OVER THE COURSE OF THE YEAR. THE ICF BELIEVES IN SUPPORTING OUR YOUTH TO HELP ENSURE A SUCCESSFUL FUTURE. CHILDREN NEED THE RIGHT OPPORTUNITY TO HELP THEM BECOME FELLOW ROLE MODELS IN THEIR COMMUNITIES AND THE ICF HELPS IN THAT PROCESS. 0 0 848946 220288 0 YOUTH HOCKEY - THE ORGANIZATION SUPPORTS OPPORTUNITIES FOR CHILDREN TO PARTICIPATE IN THE SPORT OF HOCKEY. THE ORGANIZATION'S EFFORTS FOCUS ON INSTRUCTION, SPORTSMANSHIP, AND CULTURAL EXCHANGES THROUGH INTERNATIONAL PROGRAMS. APPROXIMATELY 75,000 CHILDREN RECEIVED THE SPORTS AND RECREATIONAL OPPORTUNITIES GRANT THIS YEAR. 50070 0 0 SPORTS, RECREATIONAL, AND MUSIC OPPORTUNITIES FOR CHILDREN - THE ISLANDERS CHILDREN'S FOUNDATION SUPPORTS MANY SPORTS, MUSICAL, AND RECREATIONAL PROGRAMS BENEFITTING CHILDREN. THE ACTIVITIES CONSIST OF DIRECT FINANCIAL SUPPORT TO OTHER RECOGNIZED CHARITIES THAT FOCUS ON CHILDREN. THE ORGANIZATION ALSO DIRECTLY PROVIDES SPORTS AND RECREATIONAL OPPORTUNITIES AND EQUIPMENT TO UNDERPRIVILEGED CHILDREN IN THE COMMUNITY. 899016 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 NY X X ARTHUR J MCCARTHY 5169352213 15 VERBENA AVENUE FLORAL PARK NY 11001 X KIMBERLY DEY DIRECTOR / PRESIDENT 1.00 X X 0 0 0 CHRIS DEY DIRECTOR / VICE PRESIDENT 1.00 X X 0 0 0 ARTHUR J MCCARTHY DIRECTOR / TREASURER 1.00 X X 0 0 0 ROY E REICHBACH DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 48690 565639 614329 0 48690 37435 -37435 -37435 217612 84156 133456 133456 710350 0 0 96021 220288 220288 51217 51217 1992 1992 34199 34199 32452 32452 19235 19235 314660 314660 OTHER PROGRAM EXPENSES 156782 156782 APPAREL AND MERCHANDISE 47027 47027 ICE TIME AND TOURNAMENT 44811 44811 BAD DEBT EXPENSES 5373 5373 5179 5179 933215 899016 34199 0 166385 50282 287224 189410 2338 9425 15351 465372 255043 199110 117039 226081 80028 400716 505219 517755 X -39847 -262712 -39847 -262712 465372 255043 -222865 0 X X 0 1 X 1 0 X 564399 806483 778007 711038 614329 3474256 437441 381583 241317 618142 217612 1896095 1001840 1188066 1019324 1329180 831941 5370351 0 0 0 5370351 23 23 23 23 1001863 1188066 1019324 1329180 831941 5370374 1.00000 1.00000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 OTHER ASSETS 15351 15351 DUE TO RELATED PARTIES 400716 400716 X 794506 84156 84156 710350 0 710350 1017371 84156 84156 933215 0 933215 PART X, LINE 2: THE FOUNDATION IS QUALIFIED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS ALSO EXEMPT FROM NEW YORK STATE INCOME TAXES. THE FOUNDATION RECOGNIZES AND MEASURES ITS UNRECOGNIZED TAX BENEFITS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES. UNDER THAT GUIDANCE, THE FOUNDATION ASSESSES THE LIKELIHOOD, BASED ON THEIR TECHNICAL MERIT, THAT TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSES 84,156. PART XII, LINE 2D - OTHER ADJUSTMENTS: GAMING EXPENSES 84,156. EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES YOUTH HOCKEY 166962 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES YOUTH HOCKEY 76787 0 0 0 0 0 0 243749 0 243749 0 0 0 0 0 0 PART III ACCOUNTING METHOD: HOLIDAY AUCTIONS 22585 22585 17825 HOLIDAY HOSPITAL VISIT 18000 18000 12824 2 8105 8105 6786 48690 48690 37435 37435 -37435 217612 84156 1 1.00000 217612 84156 84156 133456 NY 1 0 1 0 1.00000 ARTHUR J MCCARTHY 15 VERBENA AVENUE FLORAL PARK NY 11001 0 ARTHUR J MCCARTHY RECORD KEEPING X 0 1 STARLIGHT CHILDRENS FOUNDATION 400 CORPORATE POINTE SUITE 590 CULVER CITY CA 90230 953802159 501(C)(3) 24967 GENERAL SUPPORT DEZY STRONG INC 30 NORTH OCEAN AVE RONKONKOMA RONKONKOMA NY 11779 841827478 501(C)(3) 14764 GENERAL SUPPORT THE SMILE TRAIN 245 FIFTH AVE SUITE 2201 NEW YORK NY 10016 133661416 501(C)(3) 12735 GENERAL SUPPORT NY POLICE AND FIRE WIDOW'S & CHILDRENS BENEFIT FUND INC 156 WEST 56TH ST STE901 NEW YORK NY 10019 133340675 501(C)(3) 6000 GENERAL SUPPORT RONALD MCDONALD HOUSE OF LONG ISLAND INC 267-07 76TH ST NEW HYDE PARK NY 11040 112764747 501(C)(3) 5594 GENERAL SUPPORT LONG ISLAND CARES INC 10 DAVIDS DRIVE HAUPPAUGE NY 11788 112524512 501(C)(3) 5141 GENERAL SUPPORT ISLAND HARVEST 40 MARCUS BLVD HAUPPAUGE NY 11788 113136350 501(C)(3) 5141 GENERAL SUPPORT BROTHER FOR THE FALLEN INC - SUFFOLK COUNTY PO BOX 1306 RONKONKOMA NY 11779 813992435 501(C)(3) 5138 GENERAL SUPPORT 8 PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF THE GRANT FUNDS. FORM 990, PART VI, SECTION A, LINE 2 KIMBERLY DEY AND CHRIS DEY HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY ONE OR MORE OF THE DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE DIRECTORS MEET PERIODICALLY TO REVIEW THE POLICY AND DISCUSS ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PAGE 12, PART XII, QUESTION 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.