2020-05-19T16:15:25-05:00 2019-12-31 113518842 MARKS PANETH LLP 4 MANHATTANVILLE ROAD PURCHASE NY 10577 990 2019-01-01 311776375 FOUNDERS HALL FOUNDATION INC FOUN 2034317000 193 DANBURY ROAD RIDGEFIELD CT 06877 JOHN COURI PRESIDENT 2034317000 2020-05-19 1 SCOTT M BRENNER P01247233 9145249000 47.20.133.63 2020-05-19 16:14:31 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 71DE476EBF29C189CE8D8985D3ECFF7A60041DB4 2019 2020-09-23 17:36:50Z JOHN COURI 193 DANBURY ROAD RIDGEFIELD CT 06877 3410994 0 X WWW.FOUNDERS-HALL.ORG X 2001 DE FOUNDERS HALL IS DEDICATED TO PROVIDING A DIVERSE PROGRAM OF SOCIAL, EDUCATIONAL AND PHYSICAL FITNESS PROGRAMS FOR TODAY'S ACTIVE SENIORS IN A WARM, FUN AND STIMULATING ATMOSPHERE. 9 9 50 321 16000 0 759351 2748084 321821 319160 8952 54339 -7835 12663 1082289 3134246 0 0 0 0 598924 611860 0 0 123157 392837 421043 991761 1032903 90528 2101343 2976813 5349625 58537 67896 2918276 5281729 X FOUNDERS HALL IS DEDICATED TO PROVIDING A DIVERSE PROGRAM OF SOCIAL, EDUCATIONAL AND PHYSICAL FITNESS PROGRAMS FOR TODAY'S ACTIVE SENIORS IN A WARM, FUN AND STIMULATING ATMOSPHERE. 0 0 309881 152342 SEMESTER PROGRAMS: OUR DIVERSE AND DYNAMIC PROGRAMMING OFFERS OPPORTUNITIES FOR LIFE-LONG LEARNING. IN 2019, MORE THAN 3,600 PEOPLE WERE INSPIRED BY CLASSES IN ART, TECHNOLOGY, CURRENT EVENTS, GENEALOGY, HISTORY, INVESTMENTS, LITERATURE, LANGUAGES, MUSIC, WRITING AND MORE. OVER 75 FOUNDERS HALL INSTRUCTORS TAUGHT SENIOR LEARNERS; AND, THOSE LEARNERS BROUGHT LIFETIMES OF WISDOM TO THE DISCUSSION, ENRICHING THE EXPERIENCE FOR ALL. WHAT'S MORE, THROUGH MORE THAN 17 SEMINARS AND SPEAKERS, MEMBERS LEARNED ABOUT TOPICS RANGING FROM MERCURY TO WALT WHITMAN, AND HEALTH TO HISTORY.MEMBERS EXPRESSED THEIR CREATIVITY THROUGH OUR CHORUS, DRAWING, PORTRAITURE, WATERCOLORS, OIL PAINTING, WEAVING, QUILTING, SEWING, KNITTING, CROCHETING, RUG HOOKING AND WOOD CARVING. 280088 117628 FITNESS PROGRAM:OUR MEMBERS KNOW THAT IF THEY'RE GOING TO KEEP LEARNING, THEY HAVE TO KEEP MOVING. SO DURING 2019, MEMBERS TOOK ALL KINDS OF FITNESS CLASSES HERE, FROM SIMPLE STRETCHING TO HARD-CORE STRENGTHENING AS WELL AS AEROBICS, BASKETBALL CLINICS, PICKLEBALL, YOGA, DANCING AND MORE. 241073 50390 SOCIAL EVENTS AND TRIPS: AT FOUNDERS HALL, LIFELONG RESIDENTS AND THOSE NEW TO TOWN ALL DISCOVER A SUPPORTIVE COMMUNITY THAT UNDERSTANDS THE OPPORTUNITIES AND CHALLENGES OF LIFE AFTER 60. IN 2019, WHETHER THEY CAME FOR A CUP OF COFFEE, PARTIES, CARDS, HANDCRAFTS OR GAMES, MEMBERS RECONNECTED WITH OLD ACQUAINTANCES, MADE NEW FRIENDS AND STAYED ENGAGED WITH THE WORLD.IN ADDITION TO THEATRE AND CASINO TRIPS, DURING THE YEAR GROUPS EXPLORED ELLIS ISLAND, STUDIED ART AND GARDEN IDEAS AND SAVORED MEALS AT THE CULINARY INSTITUTE. 831042 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 50 1 1 1 0 0 0 0 1 1 0 0 0 0 0 X 9 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CT DE X ELIZABETH GOLDSTONE TREASURER 2034317000 193 DANBURY ROAD RIDGEFIELD CT 06877 CHRISTOPHER COURI DIRECTOR 1.00 X 0 0 0 ELAINE COURI SECRETARY (OUTGOING) 1.00 X X 0 0 0 ELIZABETH GOLDSTONE TREASURER 10.00 X X 0 0 0 JENNIFER KUBICK DIRECTOR 1.00 X 0 0 0 JOHN COURI PRESIDENT 10.00 X X 0 0 0 KENT ROHRER DIRECTOR 1.00 X 0 0 0 LORI BERISFORD DIRECTOR 1.00 X 0 0 0 RUDY MARCONI DIRECTOR 1.00 X 0 0 0 RUDY RUGGLES JR DIRECTOR 1.00 X 0 0 0 STEVEN F GOLDSTONE CHAIRMAN OF THE BOARD 10.00 X X 0 0 0 GRACE WEBER EXECUTIVE DIRECTOR 40.00 X 99437 0 11758 99437 0 11758 0 0 0 0 0 68862 105000 2574222 3321 2748084 SEMESTER PROGRAM 900099 152342 152342 FITNESS PROGRAMS 900099 117628 117628 SOCIAL EVENTS 900099 49190 49190 319160 43688 43688 270662 260011 10651 10651 10651 12200 68862 16737 -4537 -4537 ADVERTISING INCOME 541800 16000 16000 OTHER INCOME 900099 1200 1200 17200 3134246 320360 16000 49802 111195 88956 16679 5560 438306 332900 33481 71925 7809 5160 568 2081 8904 5373 364 3167 45646 31967 4322 9357 16350 16350 150 150 91075 65282 1273 24520 123106 120644 1231 1231 83891 82213 839 839 15630 12191 2657 782 PROGRAM EXPENSES & INST 43196 43196 GROUP TRIPS 40213 40213 PUBLIC RELATIONS 3181 954 159 2068 DUES & SUBSCRIPTIONS 1993 1993 2258 631 1627 1032903 831042 78704 123157 195159 196631 211019 827 2378 9414 9129 3331350 1563582 1837608 1767768 933605 3162500 200 200 2976813 5349625 9640 13729 48897 54167 58537 67896 X 2884745 3094439 33531 2187290 2918276 5281729 2976813 5349625 2101343 262110 0 X X 0 1 X 1 0 X 522501 492343 592826 759351 2748084 5115105 300812 331720 304888 321821 320360 1579601 823313 824063 897714 1081172 3068444 6694706 139000 98300 116060 159300 2067881 2580541 0 139000 98300 116060 159300 2067881 2580541 4114165 8400 10667 13128 26942 43688 102825 5450 10600 13450 16000 45500 8400 16117 23728 40392 59688 148325 80236 130009 80325 13050 12200 315820 911949 970189 1001767 1134614 3140332 7158851 0.57470 0.76580 0.02070 0.01570 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: FUNDRAISING INCOME - 2015 AMOUNT: $ 80,236. 2016 AMOUNT: $ 130,009. 2017 AMOUNT: $ 80,325. 2018 AMOUNT: $ 13,050. 2019 AMOUNT: $ 12,200. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2949426 1206868 1742558 381924 356714 25210 1767768 X 3396219 262109 -136 261973 3134246 0 3134246 1032767 -136 -136 1032903 0 1032903 PART X, LINE 2: THE FOUNDATION EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE USA. AS OF DECEMBER 31, 2019, THE FOUNDATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT YEAR. THE FOUNDATION IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING AUTHORITIES FOR THE PERIOD PRIOR TO 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: INDIRECT FUNDRAISING EXPENSE -136. PART XII, LINE 2D - OTHER ADJUSTMENTS: INDIRECT FUNDRAISING EXPENSE -136. BATTLE OF THE CHEFS 66615 56565 10050 9427 2904 3022 WINE, CHEESE AND ACCESSORIES 14447 12297 2150 789 595 81062 68862 12200 9427 3693 3022 595 16737 -4537 FORM 990, PART VI, SECTION A, LINE 2 CHAIRMAN OF THE BOARD STEVEN GOLDSTONE AND TREASURER ELIZABETH GOLDSTONE HAVE A FAMILY RELATIONSHIP, AS DO PRESIDENT JOHN COURI AND DIRECTOR CHRISTOPHER COURI. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING WITH THE IRS, THE ACCOUNTING MANAGER AND EXECUTIVE DIRECTOR REVIEW THE COMPLETE 990 IN DETAIL AND THEN SEND TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER AND DIRECTOR ANNUALLY SIGN A STATEMENT AFFIRMING THEY HAVE RECEIVED CONFLICT OF INTEREST POLICY, HAVE READ THE POLICY AND UNDERSTAND IT, AND AGREE TO COMPLY. ANY POTENTIAL CONFLICTS WOULD BE PRESENTED TO THE BOARD BY INTERESTED PERSON AND THE BOARD WOULD VOTE ON TRANSACTION. IF BOARD HAS REASON TO BELIEVE CONFLICTS OF INTEREST EXIST THAT HAVE NOT BEEN DISCLOSED, IT SHALL INFORM MEMBER AND ALLOW MEMBER AN OPPORTUNITY TO EXPLAIN AND THEN TAKE APPROPRIATE ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS ANNUALLY REVIEWS COMPENSATION FOR THE EXECUTIVE DIRECTOR FOR REASONABLENESS BASED ON COMPENSATION PAID TO EQUIVALENT POSITIONS IN COMPARABLE AREAS. DATA IS OBTAINED FROM INDEPENDENT EXPERT SOURCES AND/OR INDUSTRY SURVEYS. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS AVAILABLE ON GUIDESTAR.ORG AND UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS CAN BE FOUND ON GUIDESTAR.ORG. ADDITIONALLY THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND ON FILE IN THE ORGANIZATION'S OFFICE AND CAN BE READ THERE BY INTERESTED PARTIES. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.