NEW YORK YACHT CLUB FOUNDATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
NEW YORK YACHT CLUB FOUNDATION (EIN 20-8288446)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-12
IRS object ID
202123169349311272
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-12T15:54:39-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133628255PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CONDON O'MEARA MCGINTY & DONNELLY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE BATTERY PARK PLAZAAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10004ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN208288446EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NEW YORK YACHT CLUB FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNEWYBusinessNameControlTxt
Phone2123821000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line137 WEST 44TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHARRY T REINPersonNm
Person TitleTREASURERPersonTitleTxt
Phone2123821000PhoneNum
Signature2021-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstHARRYPersonFirstNm
Person LastREINPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES J REILLYPreparerPersonNm
PTINP00183769PTIN
Phone2126617777PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerHARRY T REINPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line137 WEST 44TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,574,955GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressNYYC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2007FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionMAINTAIN, RESTORE AND PRESERVE THE EXTERIOR OF THE HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT BUILDING AND IMPROVEMENTS LOCATED AT VARIOUS LANDMARKS.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers14TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,060,980PYContributionsGrantsAmt
CY Contributions Grants$1,574,565CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$295PYInvestmentIncomeAmt
CY Investment Income$6CYInvestmentIncomeAmt
PY Other Revenue$15PYOtherRevenueAmt
CY Other Revenue$384CYOtherRevenueAmt
PY Total Revenue$1,061,290PYTotalRevenueAmt
CY Total Revenue$1,574,955CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$54,069CYTotalFundraisingExpenseAmt
PY Other Expenses$1,751,916PYOtherExpensesAmt
CY Other Expenses$605,888CYOtherExpensesAmt
PY Total Expenses$1,751,916PYTotalExpensesAmt
CY Total Expenses$605,888CYTotalExpensesAmt
PY Revenues Less Expenses-$690,626PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$969,067CYRevenuesLessExpensesAmt
Total Assets BOY$3,932,079TotalAssetsBOYAmt
Total Assets EOY$4,799,556TotalAssetsEOYAmt
Total Liabilities BOY$153,812TotalLiabilitiesBOYAmt
Total Liabilities EOY$52,222TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,778,267NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,747,334NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE O.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$458,978ExpenseAmt
DescTO RECONSTRUCT AND SUPPORT EXTERIOR OF GREENHOUSE AT 5 HALIDON AVENUE IN NEWPORT, RHODE ISLAND. RENOVATION OF THE FACADES OF THE CLUB'S HISTORIC BUILDINGS.Desc
Total Program Service Expenses$458,978TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2123821000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line137 WEST 44TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
WILLIAM MATHEWS BROOKS
PRESIDENT3.00Yes (X)Yes (X)$0$0$0
BELINDA J SHEPARD
VICE PRESIDENT3.00Yes (X)Yes (X)$0$0$0
CHRISTOPHER L OTOROWSKI
SECRETARY3.00Yes (X)Yes (X)$0$0$0
HARRY T REIN
TREASURER3.00Yes (X)Yes (X)$0$0$0
MARIE KLOK CRUMP
BOARD MEMBER3.00Yes (X)$0$0$0
GEORGE A L DAVID
BOARD MEMBER3.00Yes (X)$0$0$0
DAVID K ELWELL JR
BOARD MEMBER3.00Yes (X)$0$0$0
GLENN F FULLER
BOARD MEMBER3.00Yes (X)$0$0$0
JOSEPH C HOOPES JR
BOARD MEMBER3.00Yes (X)$0$0$0
RALPH HEYWARD ISHAM
BOARD MEMBER3.00Yes (X)$0$0$0
GARY A JOBSON
BOARD MEMBER3.00Yes (X)$0$0$0
MARK MASHBURN
BOARD MEMBER3.00Yes (X)$0$0$0
ROBERT P MORAN JR
BOARD MEMBER3.00Yes (X)$0$0$0
CAROL O'MALLEY
BOARD MEMBER3.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,574,565AllOtherContributionsAmt
Total Contributions$1,574,565TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$6TotalRevenueColumnAmt
Exclusion$6ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHERDesc
Business900099BusinessCd
Total Revenue Column$384TotalRevenueColumnAmt
Exclusion$384ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$384OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,574,955TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$390ExclusionAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$18,499TotalAmt
Management And General$18,499ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$48,824TotalAmt
Management And General$48,824ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$54,031TotalAmt
Management And General$3,123ManagementAndGeneralAmt
Fundraising$50,908FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
BUILDING RESTORATION$458,978$458,978
OTHER$16,686$13,525$3,161
COMMUNICATIONS$4,700$4,700
REBRANDING$4,170$4,170

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$605,888TotalAmt
Program Services$458,978ProgramServicesAmt
Management And General$92,841ManagementAndGeneralAmt
Fundraising$54,069FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,182,084BOYAmt
EOY$3,345,292EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$122,515BOYAmt
EOY$1,000EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,509,755BOYAmt
EOY$1,182,737EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$117,725BOYAmt
EOY$270,050EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$477EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,932,079BOYAmt
EOY$4,799,556EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$153,812BOYAmt
EOY$52,222EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$153,812BOYAmt
EOY$52,222EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,268,512BOYAmt
EOY$3,564,597EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,509,755BOYAmt
EOY$1,182,737EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,778,267BOYAmt
EOY$4,747,334EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,932,079BOYAmt
EOY$4,799,556EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$969,067ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$565,783CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,926,711CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,466,767CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,060,980CurrentTaxYearMinus1YearAmt
Current Tax Year$1,574,565CurrentTaxYearAmt
Total$8,594,806TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$565,783CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,926,711CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,466,767CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,060,980CurrentTaxYearMinus1YearAmt
Current Tax Year$1,574,565CurrentTaxYearAmt
Total$8,594,806TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,076,644SubstantialContributorsTotAmt
Public Support Total170$4,518,162PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$33CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$57CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$108CurrentTaxYearMinus1YearAmt
Current Tax Year$6CurrentTaxYearAmt
Total$204TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$15CurrentTaxYearMinus1YearAmt
Current Tax Year$384CurrentTaxYearAmt
Total$399TotalAmt
FieldValueIRS element (for citing)
Total Support$8,595,409TotalSupportAmt
Public Support CY1700.52560PublicSupportCY170Pct
Public Support PY1700.47020PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$1,574,955TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$1,574,955RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,574,955TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$605,888TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$605,888ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$605,888TotalExpensesPerForm990Amt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III - LINE 1THE NEW YORK YACHT CLUB FOUNDATION (THE "FOUNDATION") WAS INCORPORATED ON JANUARY 5, 2007 UNDER THE NEW YORK STATE NOT-FOR-PROFIT CORPORATION LAW. DURING JUNE 2017, THE CERTIFICATE OF INCORPORATION WAS AMENDED. THE PURPOSES FOR WHICH THE FOUNDATION WAS FORMED ARE TO: (A) MAINTAIN, RESTORE AND PRESERVE THE EXTERIOR (AND FUNDAMENTAL INTERIOR SUPPORTING STRUCTURE) OF THE HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT BUILDINGS AND IMPROVEMENTS LOCATED AT 37 WEST 44TH STREET, NEW YORK, NY, DESIGNATED A LANDMARK BY THE NEW YORK CITY LANDMARKS PRESERVATION COMMISSION, AND 5 HALIDON AVENUE, NEWPORT, RI, LOCATED IN THE NATIONAL PARK SERVICE'S OCEAN DRIVE HISTORICAL DISTRICT AND SUBJECT TO FACADE AND OTHER PRESERVATION EASEMENTS HELD BY THE RHODE ISLAND HISTORICAL PRESERVATION & HERITAGE COMMISSION AND THE PRESERVATION REQUIREMENTS OF THE CITY OF NEWPORT'S HISTORICAL AND CRITICAL AREA REVIEW DISTRICTS; (B) MAINTAIN, RESTORE AND PRESERVE THE INTERIOR STRUCTURE AND FINISH OF THE HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT PRINCIPLE ROOMS OF THE 37 WEST 44TH STREET BUILDING, DESCRIBED IN PART AS "RICHLY DETAILED AND FINELY CRAFTED" IN THE BUILDING'S 1982 NATIONAL REGISTER OF HISTORIC PLACES NOMINATION; (C) SUPPORT THE WORK AND GOALS OF HISTORICAL PRESERVATION IN THE AREAS IN WHICH THESE BUILDINGS ARE LOCATED; (D) FOSTER AWARENESS OF AND APPRECIATION FOR THE WORK OF THEIR ARCHITECTS AND LANDSCAPE ARCHITECTS; AND (E) SUPPORT THE USE OF THE LIBRARY IN THE 37 WEST 44TH STREET BUILDING BY SERIOUS SCHOLARS AND RESEARCHERS; (F) BY MEANS OF GRANTS, CONTRACTORS AND OTHER MEANS USEFUL TO THE CORPORATION AND PERMITTED BY LAW.
FORM 990, PART VI, SECTION A, LINE 8BTHE FOUNDATION DOES NOT HAVE COMMITTEES
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 WAS REVIEWED BY THE TREASURER AND COMPTROLLER PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE FOUNDATION REGULARLY AND CONSISTENTLY MONITORS COMPLIANCE WITH THE POLICY ON AN ANNUAL BASIS.
FORM 990, PART VI, SECTION C, LINE 19THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

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