2020-11-06T10:51:18-06:00 2019-12-31 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2019-01-01 131656674 THE NEW YORK ACADEMY OF MEDICINE NEWY 2128227222 1216 FIFTH AVENUE NEW YORK NY 100295205 KATHLEEN O'DONNELL SVP FINANCE & ADMIN 2128227222 2020-11-06 1 GARRETT M HIGGINS P00543209 2122862600 2020-11-05 108.35.147.74 2020-11-06 00:05:14 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C5C0E2060BEB3F24671B5CC0358F632D6B4109AD 2019 2021-01-29 14:40:06Z JUDITH A SALERNO MD 1216 FIFTH AVENUE NEW YORK NY 100295205 15438067 0 X WWW.NYAM.ORG X 1851 NY SEE SCHEDULE O.THE NEW YORK ACADEMY OF MEDICINE (NYAM) TACKLES THE BARRIERS THAT PREVENT EVERY INDIVIDUAL FROM LIVING A HEALTHY LIFE. NYAM GENERATES THE KNOWLEDGE NEEDED TO CHANGE THE SYSTEMS THAT PREVENT PEOPLE FROM ACCESSING WHAT THEY NEED TO BE HEALTHY SUCH AS SAFE AND AFFORDABLE HOUSING, HEALTHY FOOD, HEALTHCARE AND MORE. THROUGH ITS HIGH-PROFILE PROGRAMMING FOR THE GENERAL PUBLIC, FOCUSED SYMPOSIA FOR HEALTH PROFESSIONALS, AND ITS BASE OF DEDICATED FELLOWS AND MEMBERS, NYAM ENGAGES THE MINDS AND HEARTS OF THOSE WHO ALSO VALUE ADVANCING HEALTH EQUITY TO MAXIMIZE HEALTH FOR ALL. 25 24 94 28 259536 0 7469376 6057773 2231103 2079207 2928774 2876223 875892 845605 13505145 11858808 1060281 1656624 0 0 9215103 9616820 51500 52000 1419767 4775243 5076257 15102127 16401701 -1596982 -4542893 74061260 78851818 1236138 2325360 72825122 76526458 X SEE SCHEDULE O.THE NEW YORK ACADEMY OF MEDICINE (NYAM) TACKLES THE BARRIERS THAT PREVENT EVERY INDIVIDUAL FROM LIVING A HEALTHY LIFE. NYAM GENERATES THE KNOWLEDGE NEEDED TO CHANGE THE SYSTEMS THAT PREVENT PEOPLE FROM ACCESSING WHAT THEY NEED TO BE HEALTHY SUCH AS SAFE AND AFFORDABLE HOUSING, HEALTHY FOOD, HEALTHCARE AND MORE. THROUGH ITS HIGH-PROFILE PROGRAMMING FOR THE GENERAL PUBLIC, FOCUSED SYMPOSIA FOR HEALTH PROFESSIONALS, AND ITS BASE OF DEDICATED FELLOWS AND MEMBERS, NYAM ENGAGES THE MINDS AND HEARTS OF THOSE WHO ALSO VALUE ADVANCING HEALTH EQUITY TO MAXIMIZE HEALTH FOR ALL. 0 0 1924982 580012 CENTER FOR HEALTH INNOVATION - SEE SCHEDULE O.THE CENTER FOR HEALTH INNOVATION (CHI) BEGAN OPERATING IN SEPTEMBER 2013 AND ITS GOALS ARE TO PROVIDE TECHNICAL EXPERTISE AND RESOURCES TO DEVELOP, TEST AND EVALUATE INNOVATIONS IN HEALTH CARE DELIVERY SYSTEMS THAT RECOGNIZE THE MULTIPLE BEHAVIORAL, SOCIAL AND ECONOMIC DETERMINANTS OF HEALTH. THE CHI SEEKS TO BECOME A LEADER IN HEALTH REFORM IMPLEMENTATION AND A STRATEGIC PARTNER TO ORGANIZATIONS INTERESTED IN DESIGNING AND DEVELOPING INNOVATIVE SOLUTIONS TO IMPROVE POPULATION HEALTH THAT WORK AT THE INTERSECTION BETWEEN HEALTH CARE AND OTHER KEY DETERMINANTS OF HEALTH. EXTERNAL FUNDING FOR THE CENTER DURING 2019 CAME PRIMARILY FROM A GRANT FROM THE EUROPEAN COMMISSION (PARTICIPATORY URBAN LIVING FOR SUSTAINABLE ENVIRONMENTS (PULSE) PROJECT), AND A MULTIYEAR R01 RESEARCH GRANT FROM THE NATIONAL INSTITUTES OF HEALTH (ASSESSMENT OF POLICIES THROUGH PREDICTION OF LONG-TERM EFFECTS ON CARDIOVASCULAR DISEASE USING SIMULATION (APPLE CDS). WE ALSO GOT ADDITIONAL FUNDING FROM THE NIH THROUGH THE RESEARCH DIVERSITY SUPPLEMENT (FUNDING ASSOCIATED WITH APPLE CDC GRANT). CHI HAS LED THE TESTING AND VALIDATION ACTIVITIES FOR MULTIPLE ITERATIONS OF THE NEW YORK CITY (NYC) TEST BED IN THE PROJECT. THE CHI TEAM GATHERED AND ASSESS DATA TO EVALUATE THE PULSE SYSTEM AND ITS FUNCTIONALITY WITH NYC COMMUNITY MEMBERS. THEY ALSO IDENTIFIED AND IMPLEMENTED NECESSARY IMPROVEMENTS TO THE PULSE SYSTEM TO MEET PROJECT NEEDS AND EXPECTATIONS. THE CHI ALSO IDENTIFIED WELLBEING INDICATORS FOR THE PULSE PROJECT AND PROVIDED FEEDBACK AND GUIDANCE ON THE DEVELOPMENT OF A WELL-BEING DASHBOARD FOR PULSE. CHI RESEARCHERS ALSO ASSISTED IN IDENTIFYING CONTENT AND MATERIALS USED FOR THE PUBLIC HEALTH OBSERVATORY INITIATIVE IN PULSE, AS WELL AS CONDUCTED A FOCUS GROUP IN NYC TO INFORM THE DEVELOPMENT OF THE PUBLIC HEALTH OBSERVATORY. CHI RESEARCHERS CONDUCTED INTERVIEWS WITH PROFESSIONALS ACROSS SECTORS TO VALIDATE THE PULSE SYSTEM AND ASSESS ITS UTILITY FROM THEIR PERSPECTIVES.THE CHI ALSO CONTINUED WORK ON THE APPLE CDS PROJECT. THIS MULTIYEAR PROJECT ADDRESSES DIETARY BEHAVIORS AS MAJOR MODIFIABLE RISK FACTORS TO COMBAT CARDIOVASCULAR DISEASE (CVD). THE PROJECT IS COMPARING THE EFFECTS OF FOOD POLICIES AND PROGRAMS ON CVD-RELATED OUTCOMES AND HEALTH CARE COSTS FOR ADULTS IN THE UNITED STATES. THE PROJECT ALSO FUNDS THE DEVELOPMENT OF AN AGENT-BASED MODEL TO ASSESS AND COMPARE THE IMPACT OF ALTERNATIVE FOOD POLICIES AND PROGRAMS ON DIETARY BEHAVIORS, BLOOD PRESSURE, OBESITY, AND DIABETES ACROSS DIFFERENT NEIGHBORHOODS IN NEW YORK CITY. THE NIH SUPPLEMENT GRANT IS IN ITS EARLY STAGES BUT SEEKS TO UTILIZE SOCIAL NETWORK ANALYSIS IN ORDER TO EXAMINE PARTNERSHIPS AMONG ORGANIZATIONS IN NYC THAT OFFER NUTRITION-RELATED PROGRAMS SUCH AS NUTRITION EDUCATION, HEALTHY FOOD ACCESS, FOOD ASSISTANCE, AND OTHER HEALTHY EATING INITIATIVES. 1655627 88779 COMMUNITY PARTNERSHIPS AND POLICY SOLUTIONS - SEE SCHEDULE O.ACHIEVING HEALTH EQUITY IS A VISION THAT WE CANNOT ATTAIN ON OUR OWN. SO THROUGH OUR COMMUNITY PARTNERSHIPS AND POLICY SOLUTIONS TEAM, WE PARTNER WITH COMMUNITY RESIDENTS AND LEADERS, DECISION MAKERS AND POLICYMAKERS, TO TRANSFORM SYSTEMS SO THAT THE PLACES WHERE WE LIVE, WORK, PLAY AND LEARN ARE ENVIRONMENTS THAT PROMOTE A HEALTHY LIFE FOR ALL. THROUGH THESE PARTNERSHIPS AND OUR AWARD-WINNING PLACE-BASED PROGRAMS, WE IDENTIFY INNOVATIVE POLICY SOLUTIONS INFORMED BY COMMUNITY MEMBERS AND TECHNICAL EXPERTS TO SHAPE COMMUNITY, GOVERNMENT AND INDUSTRY INITIATIVES. WE'RE LEADING THE WAY TOWARD A MORE EQUITABLE AND JUST SOCIETY BY WORKING FROM BOTH THE GROUND UP AND THE TOP DOWN. BECAUSE MEETING IN THE MIDDLE IS WHERE PEOPLE CAN THRIVE. SOME OF OUR AREAS OF EXPERTISE INCLUDE: POLICY ANALYSIS, STRATEGIC PLANNING, COMMUNITY CONSULTATIONS, PUBLIC & PRIVATE PARTNERSHIPS, TECHNICAL ASSISTANCE & TRAINING, AND LEARNING AND ACTION COLLABORATIVES. SEVERAL KEY ACCOMPLISHMENTS IN 2019 INCLUDE ADVANCING THE TEAM GOALS THROUGH SEVERAL PROJECTS.THROUGH THE EAST HARLEM ACTION COLLABORATIVE, NYAM BRINGS TOGETHER THE TRUSTED VOICES OF RESIDENT CAREGIVERS, ALONG WITH DIRECT SERVICE PROVIDERS, TECHNICAL ADVISORS, AND ELECTED AND PUBLIC OFFICIALS TO IDENTIFY SOLUTIONS AND PUT FORTH RECOMMENDATIONS FOR A BETTER TOMORROW FOR CHILDREN. CENTRAL TO THIS WORK IS LEARNING ABOUT THE ASSETS THAT FAMILIES LEVERAGE TO RAISE HEALTHY CHILDREN DESPITE SYSTEMIC BARRIERS. THE COLLABORATIVE MEMBERS DEFINE ISSUES TO ADDRESS IN THE COMMUNITY; IDENTIFY COMMUNITY ASSETS; REVIEW DATA; COLLECTIVELY SET GOALS; AND PROPOSE SOLUTIONS TO KEY DECISION MAKERS. NYAM BEGAN DEVELOPING A CENSUS 2020 TOOLKIT, INTENDED FOR PROFESSIONALS WHO REGULARLY INTERACT WITH OLDER NEW YORKERS AND WHO PLAY A POWERFUL ROLE IN ENSURING THAT OLDER ADULTS ARE COUNTED IN THE UPCOMING CENSUS. THE TOOLKIT AIMS TO ASSIST PROFESSIONALS TO EDUCATE OLDER ADULTS OF ITS IMPORTANCE AND DISPELLING ANY FEARS ABOUT PARTICIPATING. BY DOING SO, THESE OLDER ADULTS CAN BECOME POWERFUL ADVOCATES FOR THE CENSUS IN THEIR COMMUNITIES AS WELL. AN ACCURATE COUNT OF THE OLDER POPULATION WILL HELP TO ENSURE FAIR REPRESENTATION AND FUNDING FOR ALL NEW YORKERS. NYAM IS LEADING A 12-MONTH LEARNING COLLABORATIVE TO SUPPORT RECIPIENTS OF THE NYS OFFICE FOR THE AGING PLANNING GRANT AND THE HEALTH FOUNDATION FOR WESTERN AND CENTRAL NY'S HEALTH AND AGE ACROSS ALL POLICIES CENTERS FOR EXCELLENCE GRANT. HEALTH ACROSS ALL POLICIES/AGE-FRIENDLY NY IS A COLLABORATIVE APPROACH TO IMPROVING THE HEALTH AND QUALITY OF LIFE FOR ALL NEW YORKERS BY INCORPORATING HEALTH-PROMOTING AND AGE-FRIENDLY CONSIDERATIONS INTO THE ACTIVITIES OF STATE AND LOCAL GOVERNMENT. 1357428 73985 0 RESEARCH, EVALUATION AND POLICY - SEE SCHEDULE O.THE CENTER FOR EVALUATION AND APPLIED RESEARCH (CEAR) WORKS TO INVESTIGATE, PLAN, AND EVALUATE INITIATIVES THAT SEEK TO IMPROVE WELL-BEING, WITH A SPECIAL FOCUS ON PROGRAMS SUPPORTING INDIVIDUALS IN LOW-INCOME COMMUNITIES. CEAR CONDUCTS MIXED METHODS FORMATIVE, PROCESS, AND IMPACT EVALUATIONS AND PROVIDES EVALUATION TRAINING AND TECHNICAL ASSISTANCE, WORKING WITH PROGRAMS FOCUSED ON A WIDE RANGE OF TOPICS, INCLUDING ACCESS TO AND USE OF HEALTHCARE AND SUPPORTIVE SERVICES, ADDRESSING THE SOCIAL DETERMINANTS OF HEALTH, ASSESSMENT OF COMMUNITY HEALTH NEEDS AND PRIORITIES, HEALTHCARE PRACTICE TRANSFORMATION, LANGUAGE AND CULTURAL COMPETENCY, AND THE EFFECTIVENESS OF HEALTH PROMOTION ACTIVITIES. RECENT AND CURRENT FUNDERS INCLUDE BUT ARE NOT LIMITED TO THE NEW YORK CITY DEPARTMENT OF HEALTH AND MENTAL HYGIENE (NYC DOHMH), NYS DEPARTMENT OF HEALTH (NYS DOH), AGENCY FOR HEALTHCARE RESEARCH AND QUALITY (AHRQ), NATIONAL INSTITUTES OF HEALTH, AND THE ROBERT WOOD JOHNSON FOUNDATION (RWJF). CEAR RESEARCHERS HAVE MANY YEARS OF EXPERIENCE IN QUANTITATIVE RESEARCH METHODS, INCLUDING DESIGN AND ANALYSIS OF SURVEYS, AS WELL AS MANAGEMENT AND ANALYSIS OF LARGE AND COMPLEX SECONDARY DATA. WE ALSO HAVE EXTENSIVE EXPERIENCE IN THE DESIGN AND IMPLEMENTATION OF QUALITATIVE RESEARCH, INCLUDING FOCUS GROUPS WITH DIVERSE POPULATIONS; INTERVIEWS; AND MORE PARTICIPATORY METHODS, INCLUDING PUBLIC DELIBERATION. EXAMPLES OF WORK CONDUCTED DURING 2019 INCLUDE BUT ARE NOT LIMITED TO:- EVALUATION OF THE NYS STATE HEALTH INNOVATION PLAN/STATE INNOVATION MODEL (SHIP/SIM)THE NYS SHIP/SIM, FUNDED BY CMS, FACILITATED AND SUPPORTED ADVANCED, PATIENT-CENTERED MODELS OF PRIMARY CARE. CEAR'S FOUR-YEAR EVALUATION WAS DESIGNED TO PROVIDE THE NYS DOH WITH TIMELY INFORMATION FOR QUALITY IMPROVEMENT, AS WELL AS A COMPREHENSIVE ASSESSMENT OF IMPLEMENTATION AND OUTCOMES. THE EVALUATION INCLUDED ANALYSES OF HEALTH INSURANCE CLAIMS AND HEALTHCARE PRACTICE TRANSFORMATION DATA, KEY STAKEHOLDER INTERVIEWS, AND PATIENT INTERVIEWS AND FOCUS GROUPS. INFORMATION ON THE PROGRESS OF THE EVALUATION AND PRELIMINARY FINDINGS WERE REGULARLY REPORTED TO THE NYS DOH AND PROGRAM STAKEHOLDERS. NYS DOH USED EVALUATION FINDINGS TO MAKE ADAPTATIONS TO PROGRAM ACTIVITIES AND TO DEMONSTRATE IMPACT. - NEW YORK CITY POPULATION HEALTH IMPROVEMENT PROGRAM (PHIP) THE NYC PHIP, ONE OF 11 SUCH BODIES FUNDED BY THE NYS DOH, WAS TASKED WITH ALIGNING HEALTH REFORM ACTIVITIES IN NYS TO SUPPORT HEALTH EQUITY AND PROMOTE THE "TRIPLE AIM.". AS PART OF THIS EFFORT, CEAR CONDUCTED 30 FOCUS GROUPS WITH RESIDENTS OF LOW-INCOME NYC NEIGHBORHOODS ON TOPICS INCLUDING: ADVANCED PRIMARY CARE, CHRONIC DISEASE PREVENTION, MENTAL HEALTH, HOUSING, AND SUPPORTIVE SERVICES RELATED TO THE SOCIAL DETERMINANTS OF HEALTH. WE ALSO DEVELOPED A NUMBER OF PUBLICLY AVAILABLE REPORTS SO THAT FINDINGS COULD BE READILY ACCESSIBLE TO COMMUNITY GROUPS AND PRODUCED A GUIDE TO HOUSING RESOURCES IN NYC, WHICH AIMS TO SUPPORT HEALTHCARE PROVIDERS IN UNDERSTANDING HOW THEY MIGHT HELP PATIENTS WITH HOUSING ISSUES.- DSRIP MEDICAID MARKET RESEARCH PROJECT NYS DOH CONTRACTED WITH CEAR TO CONDUCT A DSRIP PROGRAM/ MEDICAID MARKET RESEARCH STUDY, WITH THE GOAL OF INFORMING A PUBLIC CAMPAIGN TO EDUCATE AND ACTIVATE LOW-INCOME HEALTHCARE CONSUMERS ACROSS NYS. THE PROJECT INCLUDED FOUR FOCUS GROUPS WITH CBO AND HEALTHCARE LEADERS, 25 GROUPS WITH LOW-INCOME NYERS AND A SURVEY (N=926), SOLICITING OPINIONS REGARDING POTENTIAL EDUCATIONAL MESSAGING AND CAMPAIGNS. FINDINGS FOCUSED ON THE DIFFICULTIES NAVIGATING THE HEALTHCARE SYSTEM, THE CHALLENGES OF ADDRESSING SOCIAL DETERMINANTS OF HEALTH, AND THE LARGE DEMAND FOR MENTAL HEALTH SERVICES. RECOMMENDED MESSAGING EMPHASIZED THE IMPORTANCE OF ADVOCATING FOR ONESELF TO ENSURE APPROPRIATE CARE. - LIFESPAN OF GREATER ROCHESTER'S COMMUNITY CARE CONNECTIONS (CCC) PROGRAM: WITH FUNDING FROM THE RWJF'S SYSTEMS FOR ACTION PROGRAM, WE CONDUCTED AN EVALUATION OF THE CCC PROGRAM, WHICH EMPLOYS CARE MANAGERS, HEALTHCARE COORDINATORS, AND HEALTH EDUCATORS TO WORK WITH CLIENTS AND THEIR PROVIDERS TO INTEGRATE SOCIAL AND MEDICAL SERVICES FOR OLDER ADULTS. THE EVALUATION INVOLVED INTERVIEWS, AS WELL AS ANALYSES OF DATA FROM THE ROCHESTER RHIO. IN ADDITION TO PROCESS MEASURES (E.G., SERVICE UTILIZATION), WE EXAMINED CHANGES IN HEALTHCARE UTILIZATION USING A MATCHED CONTROL GROUP AND RETURN-ON-INVESTMENT ANALYSES. WE ALSO EXAMINED BARRIERS TO AND FACILITATORS OF PROGRAM IMPLEMENTATION, PROGRAM IMPACT, AND PROGRESS TOWARD THE INTEGRATION OF HEALTH AND SOCIAL SYSTEMS. RESULTS HAVE BEEN USED BY LIFESPAN TO APPLY FOR NEW FUNDING SOURCES TO SUSTAIN, EXPAND UPON, AND CONTINUE EVALUATING THE CCC PROGRAM. 6572389 913848 1876270 OTHER PROGRAM SERVICES 6572389 913848 1876270 11510426 1 1 0 1 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 85 0 94 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 25 24 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 AR CA FL GA IL KY MD MA MI NH NJ NM NY NC PA RI TN VA X X X KATHLEEN O'DONNELL 2128227222 1216 FIFTH AVENUE NEW YORK NY 100295205 JUDITH A SALERNO MD PRESIDENT 35.00 X X 512233 0 30322 KATHLEEN D O'DONNELL SVP-FINANCE & ADMINISTRATI 35.00 X 349117 0 55207 KIMBERLY L BOGARD SVP STRATEGY & PROGRAMS 35.00 X 274683 0 60866 DAVID SISCOVICK SENIOR RESEARCH SCIENTIST 35.00 X 233613 0 9265 MIGUEL A PEREZ SVP PUBLIC ENGAGEMENT 35.00 X 187797 0 41287 YUN-HSIN CLAIRE WANG VP RESEARCH, EVAL. & POLICY 35.00 X 203849 0 22739 MELVILLE E BOUFFORD PAST PRESIDENT/ CONSULTANT 17.00 X 225000 0 0 LINDA J WEISS DIR CENTER FOR EVAL. & APPLIED RESEARCH 35.00 X 183501 0 35794 NANCY CLAYMAN DIRECTOR OF DEVELOPMENT 35.00 X 177272 0 33977 STEPHEN W PAUL DIRECTOR OF FINANCE 35.00 X 164550 0 43525 PAUL H THEERMAN DIRECTOR, LIBRARY 35.00 X 168080 0 8409 GINA RAVOSA DIRECTOR, MARKETING & COMM. 35.00 X 146955 0 29517 JAMES FLYNN CHAIRMAN 1.00 X X 0 0 0 CLAIRE POMEROY MD VICE-CHAIRMAN 1.00 X X 0 0 0 STEVEN FELSHER JD TREASURER 1.00 X X 0 0 0 BOBBIE BERKOWITZ PHD TRUSTEE 1.00 X 0 0 0 CHARLES N BERTOLAMI DDS TRUSTEE 1.00 X 0 0 0 STEVEN J CORWIN MD TRUSTEE 1.00 X 0 0 0 JOHN DAMONTI MSW TRUSTEE 1.00 X 0 0 0 PHILIP FASANO MBA TRUSTEE UNTIL MARCH 2019 1.00 X 0 0 0 ELSA-GRACE V GIARDINA MD TRUSTEE 1.00 X 0 0 0 MARC D GRODMAN MD TRUSTEE 1.00 X 0 0 0 JULIAN HARRIS MD TRUSTEE 1.00 X 0 0 0 WILLIAM A HASELTINE PHD TRUSTEE 1.00 X 0 0 0 MIA JUNG MBA TRUSTEE 1.00 X 0 0 0 MARK N KAPLAN ESQ TRUSTEE 1.00 X 0 0 0 STANLEY A LEFKOWITZ PHD TRUSTEE 1.00 X 0 0 0 RAMANATHAN RAJU MD TRUSTEE 1.00 X 0 0 0 WAYNE J RILEY MD TRUSTEE 1.00 X 0 0 0 ELENA RIOS MD TRUSTE 1.00 X 0 0 0 STEVEN M SAFYER MD TRUSTEE 1.00 X 0 0 0 ALLEN M SPIEGEL MD TRUSTEE 1.00 X 0 0 0 PAUL P TANICO JD TRUSTEE 1.00 X 0 0 0 GEORGE E THIBAULT MD TRUSTEE 1.00 X 0 0 0 MARK L WAGAR TRUSTEE 1.00 X 0 0 0 OXIRIS BARBOT MD EX-OFFICIO 1.00 X 0 0 0 BARBARA GREEN EX-OFFICIO 1.00 X 0 0 0 2826650 0 370908 18 1 1 0 NYU SCHOOL OF MEDICINE PO BOX 415026 BOSTON MA 02241 RESEARCH 250124 FAIR HEALTH INC 530 FIFTH AVE - 18TH FLOOR NEW YORK NY 10036 RESEARCH 240000 LOCAL PROJECTS 123 WILLIAM ST STE 801 NEW YORK NY 10038 CONSULTING 190000 MINERVA PROTECTION AND RISK SOLUTIONS LL 244 FIFTH AVENUE - SUITE C264 NEW YORK NY 10001 SECURITY 186252 STERLING AFFAIR INC 100 COMMERCE ROAD CARLSTADT NJ 07072 CATERING SERVICES 179650 11 942164 1354051 3761558 6057773 EDUCATION CONFERENCE CENTER FEES 611430 1859783 1656846 202937 MEMBERSHIP DUES & ASSESSMENTS 900099 134215 134215 LIBRARY FEES 541900 70649 70649 REGISTRATION FEES 611430 10560 10560 OTHER PROGRAM SERVICE FEES 900099 4000 4000 2079207 1960597 599 1959998 179955 179955 393110 0 393110 393110 393110 4287069 3371443 915626 915626 915626 103325 942164 207816 -104491 -104491 COMMISSION INCOME 541990 189242 189242 ADMINISTRATION FEES 900099 115486 115486 SPONSORSHIP 900099 56000 56000 16303 16303 377031 11858808 1876270 259536 3665229 664060 664060 647839 647839 344725 344725 1930837 477830 944556 508451 225000 225000 5897892 4507646 965742 424504 270145 213951 35269 20925 757865 598940 112176 46749 535081 346791 126325 61965 53170 20316 31347 1507 74500 74500 60550 60250 300 52000 52000 55784 55784 1608046 1075866 378283 153897 5749 3874 750 1125 294258 206666 60644 26948 186049 98426 75905 11718 347700 319555 20724 7421 177030 170722 2004 4304 333700 323064 4345 6291 804705 738472 48803 17430 156351 156351 REPAIRS & MAINTENANCE 595273 454929 103356 36988 ADMINISTRATION FEES 130486 130270 93 123 SUBSCRIPTIONS 65079 33789 7048 24242 RECRUITMENT 40334 6991 26366 6977 87493 65454 15837 6202 16401701 11510426 3471508 1419767 2369 513393 307816 2615275 1213434 189457 120335 123543 111834 17785330 9943448 8380651 7841882 61005459 68198151 1060610 883540 172872 172457 74061260 78851818 879839 1731685 153650 284000 202649 309675 1236138 2325360 X 39068901 43977197 33756221 32549261 72825122 76526458 74061260 78851818 X -4542893 8244644 -415 X X 0 1 X 1 1 1 X 6102782 6661547 5864294 7469376 6057773 32155772 6102782 6661547 5864294 7469376 6057773 32155772 5059628 27096144 1371914 1467647 1822974 1922382 2533063 9117980 298004 441661 404373 374591 321031 1839660 43113412 8814820 0.62850 0.65200 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2015 AMOUNT: $ 166,953. 2016 AMOUNT: $ 43,402. 2017 AMOUNT: $ 45,953. 2018 AMOUNT: $ 25,860. 2019 AMOUNT: $ 16,303. COMMISSION INCOME - 2015 AMOUNT: $ 116,560. 2016 AMOUNT: $ 232,537. 2017 AMOUNT: $ 174,033. 2018 AMOUNT: $ 177,506. 2019 AMOUNT: $ 189,242. PUBLICATION FEES - 2015 AMOUNT: $ 14,491. 2016 AMOUNT: $ 14,926. 2017 AMOUNT: $ 25,000. ADMINISTRATION FEES - 2016 AMOUNT: $ 150,796. 2017 AMOUNT: $ 159,387. 2018 AMOUNT: $ 171,225. 2019 AMOUNT: $ 115,486. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 60550 0 0 60550 0 PART II-B, LINE 1: THE ACADEMY PAID A LOBBYIST $60,250 AND INCURRED REGISTRATION FEES AND EXPENSES OF $300. X X X X 0 21821750 7044 2015699 170463 531532 101008 23041490 23481829 8246 -597699 192932 762483 115211 21821750 22532267 11083 1474768 148208 275420 112661 23481829 22256391 11400 820615 172700 272157 111282 22532267 22857905 334026 -397816 86000 337434 114290 22256391 0.00000 0.51870 0.48130 0 0 284261 284261 13556283 7297293 6258990 1038029 715566 322463 2906757 1930589 976168 7841882 X 19995253 8244644 8244644 11750609 55784 52415 108199 11858808 16293917 0 16293917 55784 52000 107784 16401701 PART III, LINE 1A: THE ACADEMY HAS A COLLECTION OF VARIOUS PURCHASED AND DONATED MATERIALS, INCLUDING BOOKS AND ARTIFACTS. THIS COLLECTION IS MAINTAINED BY THE ACADEMY UNDER CURATORIAL CARE AND IS HELD FOR RESEARCH, EDUCATION AND PUBLIC EXHIBITION IN FURTHERANCE OF PUBLIC SERVICE. IN ACCORDANCE WITH NOT-FOR-PROFIT INDUSTRY PRACTICE, THE COSTS AND VALUES OF THE ITEMS IN THE COLLECTION HAVE NOT BEEN CAPITALIZED AND ARE NOT REPORTED IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION. PART III, LINE 4: THE ACADEMY HAS A COLLECTION OF PURCHASED AND DONATED MATERIALS, INCLUDING BOOKS AND ARTIFACTS. THIS COLLECTION IS MAINTAINED BY THE ACADEMY UNDER CURATORIAL CARE AND IS HELD FOR RESEARCH, EDUCATION AND PUBLIC EXHIBITION IN FURTHERANCE OF PUBLIC SERVICE. IN ACCORDANCE WITH NOT-FOR-PROFIT INDUSTRY PRACTICE, THE COSTS AND VALUES OF THE ITEMS IN THE COLLECTION HAVE NOT BEEN CAPITALIZED AND ARE NOT REPORTED IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION. PART V, LINE 4: THE ACADEMY'S ENDOWMENT CONSISTS OF 42 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THESE FUNDS ARE USED FOR THE SUPPORT OF THE LIBRARY AND HISTORY OF MEDICINE PROGRAMS AND LECTURES, AWARD PROGRAMS IN VARIOUS MEDICAL DISCIPLINES, LECTURES AND SEMINARS IN THE FURTHERANCE OF KNOWLEDGE, STUDY AND RESEARCH BY MEDICAL PROFESSIONALS AS WELL AS THE PUBLIC AT LARGE. IN ADDITION, SOME ENDOWMENT FUND INCOME HAS BEEN DESIGNATED BY DONORS FOR USE IN SUPPORT OF GENERAL OPERATIONS. PART X, LINE 2: THE ACADEMY IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, AS IT RELATES TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE ACADEMY, ASC TOPIC 740 IS POTENTIALLY APPLICABLE TO THE INCURRENCE OF UNRELATED BUSINESS INCOME ("UBI"), ATTRIBUTABLE TO CERTAIN ALTERNATIVE INVESTMENTS, CONFERENCE CENTER EVENTS AND COMMISSIONS, AND SPONSORSHIP FEES NOT RELATED TO THE ACADEMY'S MISSION. NONETHELESS, BECAUSE OF THE ACADEMY'S GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES THAT ASC TOPIC 740 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON THE ACADEMY'S FINANCIAL STATEMENTS. THE ACADEMY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2016. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PERPETUAL TRUST 415. PROFESSIONAL FUNDRAISER INCLUDED ON PART IX: 52,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: PROFESSIONAL FUNDRAISER INCLUDED ON PART IX: 52,000. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 155234 SOUTH AMERICA 0 0 GRANTS 230448 SUB-SAHARAN AFRICA 0 0 GRANTS 79478 EAST ASIA AND THE PACIFIC 0 0 GRANTS 22579 SOUTH ASIA 0 0 GRANTS 7278 NORTH AMERICA 0 0 GRANTS 1991 MIDDLE EAST 0 0 GRANTS 1557 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS 1394 0 0 0 0 0 0 499959 0 499959 SOUTH AMERICA FUNDS SUPPORTED THE BOTNAR HEALTH CITIES FOR ADOLESCENTS PROGRAM TO SUPPORT THEIR CURRENT PROGRAMS. 142496 WIRE SOUTH AMERICA FUNDS SUPPORTED THE BOTNAR HEALTH CITIES FOR ADOLESCENTS PROGRAM TO SUPPORT THEIR CURRENT PROGRAMS. 87952 WIRE SUB-SAHARAN AFRICA FUNDS SUPPORTED THE BOTNAR HEALTH CITIES FOR ADOLESCENTS PROGRAM TO SUPPORT THEIR CURRENT PROGRAMS. 76417 WIRE 3 0 TRAVEL AWARDS EAST ASIA AND THE PACIFIC 5 22579 WIRE TRANSFER TRAVEL AWARDS SOUTH ASIA 9 7278 WIRE TRANSFER TRAVEL AWARDS SUB-SAHARAN AFRICA 3 3061 WIRE TRANSFER TRAVEL AWARDS NORTH AMERICA 2 1991 WIRE TRANSFER TRAVEL AWARDS MIDDLE EAST 1 1557 WIRE TRANSFER TRAVEL AWARDS EUROPE (INCLUDING ICELAND & GREENLAND) 2 1394 WIRE TRANSFER 0 0 1 0 1 0 PART I, LINE 2: AWARDS MADE TO OTHER ORGANIZATIONS ARE MANAGED AS FOLLOWS: A CALL FOR PROPOSAL IS MADE. ONCE PROPOSALS ARE RECEIVED FROM POTENTIAL RECIPIENTS, A COMMITTEE REVIEWS THE PROPOSALS AND MAKES DECISIONS ON WHO WILL BE FUNDED. THE ACADEMY ISSUES AWARD LETTERS WHICH OUTLINE THE TERMS AND CONDITIONS OF THE AWARD (INCLUDING REPORTING REQUIREMENTS - FINANCIAL AND PROGRAMMATIC) AND ASKS THAT THE LETTER BE SIGNED AND RETURNED. SUBCONTRACTS ON FEDERAL GRANTS ARE MONITORED UNDER THE GUIDELINES SET FORTH IN THE UNIFORM GUIDANCE BY THE ORGANIZATION'S DIRECTOR OF GRANTS MANAGEMENT. IN ADDITION, THE DIRECTOR REQUESTS A COPY OF THE SUBCONTRACTORS' REPORTS UNDER THE UNIFORM GUIDANCE, TO MONITOR AUDIT FINDINGS AS WELL AS THE SCHEDULE OF EXPENDITURES FOR REPORTING OF PASS-THROUGH FEDERAL FUNDING IT RECEIVED FROM THE ACADEMY. PART I, LINE 3: THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING TO ACCOUNT FOR ITS FOREIGN EXPENDITURES. PART III ACCOUNTING METHOD: FORM 990, SCHEDULE F, PART IV, LINE 3: THE ORGANIZATION IS NOT REQUIRED TO FILE FORMS 5471 OR 8865 BECAUSE IT DOES NOT MEET THE APPLICABLE OWNERSHIP THRESHOLD OR OTHER FILING REQUIREMENTS. X X X X X X 1 MM EVENT GROUP LLC SEE PART IV FOR ADDRESS 500 S NEW YORK NY 10018 ANNUAL GALA 1 1045489 52000 993489 1045489 52000 993489 AL AK CA CO CT DC FL GA IL KY ME MD MA MI NH NJ NM NY NC OH PA RI TN VA WA ANNUAL GALA 1045489 942164 103325 116841 12145 78830 1045489 942164 103325 116841 12145 78830 207816 -104491 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE AGREEMENT PROVIDES FOR THE PAYMENT OF FEES FOR PROFESSIONAL FUNDRAISING SERVICES IN THE AMOUNT OF $52,000 AND ADDITIONALLY THE AGREEMENT PROVIDES FOR THE REIMBURSEMENT OF REASONABLE AND DOCUMENTED OUT OF POCKET EXPENSES INCLUDING MESSENGER SERVICE, FEDEX, TRANSPORTATION, SUPPLIES FOR MATERIALS AND COPIES. ANY OUT-OF-POCKET EXPENSES WILL REQUIRE PRIOR APPROVAL. SCHEDULE G, PART I, LINE 2B, LIST OF TEN HIGHEST PAID FUNDRAISERS: (I) NAME OF FUNDRAISER: MM EVENT GROUP, LLC (I) ADDRESS OF FUNDRAISER: 500 SEVENTH AVENUE, 8TH FLOOR, NEW YORK, NY 10018 1 FAIR HEALTH INC 530 FIFTH AVENUE - 18TH FLOOR NEW YORK NY 10036 900524293 501(C)(3) 300000 SUPPORTED NYAM'S EFFORTS ON SIM GRANT. MANAGED AND ANALYZED CLAIMS DATA, ENSURED PATIENT CONTRIBUTION AND INCLUSION. NEW YORK UNIVERSITY 25 W 4TH STREET - 4TH FLOOR NEW YORK NY 10012 135562308 501(C)(3) 220115 1) SUPPORTED NYAM'S APPLES CDS GRANT. PROVIDED STRATEGIC GUIDANCE AROUND PLANNING AND MODELING, IDENTIFIED OPPORTUNITIES TO SYNERGIZE, AND DISSEMINATED THE PROJECT'S RESEARCH WITH OTHER HEALTH DISPARITY AND HEALTH PROGRAM INITIATIVES.2) PROVIDED SPECIFIC EXPERTISE IN AGENT-BASED MODELING, AND COMPARATIVE EFFECTIVENESS RESEARCH IN CHRONIC DISEASE PREVENTION AND MANAGEMENT RESEARCH FOUNDATION OF CUNY 230 W 41ST STREET NEW YORK NY 10036 131988190 501(C)(3) 58120 PARTNERED WITH NYAM TO DEVELOP IMAGE: NYC, AN OPEN-SOURCE, INTERACTIVE MAP OF NEW YORK CITY'S CURRENT AND PROJECTED (THROUGH 2030) POPULATION AGE 65 AND OLDER WITH OVERLAYS OF AGE-FRIENDLY RESOURCES, SERVICES, AND AMENITIES. COLUMBIA UNIVERSITY 622 W 113TH STREET - MC 4524 NEW YORK NY 10025 135598093 501(C)(3) 52630 ADVISED THE PRINCIPAL INVESTIGATOR ON STUDY DESIGN AND RESEARCH METHODS, AND PERFROMED COMPUTER SIMULATION ANAYLSES USING CVD POLICY MODEL VERSIONS DEVELOPED FOR THE U.S. 4 0 AWARDS 25 42089 FELLOWSHIPS 10 465000 HONORARIA 23 26750 STIPENDS 26 114000 PART I, LINE 2: AWARDS MADE TO OTHER ORGANIZATIONS ARE MANAGED AS FOLLOWS: A CALL FOR PROPOSAL IS MADE. ONCE PROPOSALS ARE RECEIVED FROM POTENTIAL RECIPIENTS, A COMMITTEE REVIEWS THE PROPOSALS AND MAKES DECISIONS ON WHO WILL BE FUNDED. THE ACADEMY ISSUES AWARD LETTERS WHICH OUTLINE THE TERMS AND CONDITIONS OF THE AWARD (INCLUDING REPORTING REQUIREMENTS - FINANCIAL AND PROGRAMMATIC) AND ASKS THAT THE LETTER BE SIGNED AND RETURNED. SUBCONTRACTS ON FEDERAL GRANTS ARE MONITORED UNDER THE GUIDELINES SET FORTH IN THE UNIFORM GUIDANCE BY THE ORGANIZATION'S DIRECTOR OF GRANTS MANAGEMENT. IN ADDITION, THE DIRECTOR REQUESTS A COPY OF THE SUBCONTRACTORS' REPORTS UNDER THE UNIFORM GUIDANCE, TO MONITOR AUDIT FINDINGS AS WELL AS THE SCHEDULE OF EXPENDITURES FOR REPORTING OF PASS-THROUGH FEDERAL FUNDING IT RECEIVED FROM THE ACADEMY. X X X 0 0 0 0 0 0 0 0 0 JUDITH A SALERNO MD PRESIDENT 511471 0 0 0 762 0 27400 0 2922 0 542555 0 0 0 KATHLEEN D O'DONNELL SVP-FINANCE & ADMINISTRATI 341700 0 0 0 7417 0 27400 0 27807 0 404324 0 0 0 KIMBERLY L BOGARD SVP STRATEGY & PROGRAMS 274593 0 0 0 90 0 27400 0 33466 0 335549 0 0 0 DAVID SISCOVICK SENIOR RESEARCH SCIENTIST 232790 0 0 0 823 0 7015 0 2250 0 242878 0 0 0 MIGUEL A PEREZ SVP PUBLIC ENGAGEMENT 187697 0 0 0 100 0 19711 0 21576 0 229084 0 0 0 YUN-HSIN CLAIRE WANG VP RESEARCH, EVAL. & POLICY 203789 0 0 0 60 0 6300 0 16439 0 226588 0 0 0 MELVILLE E BOUFFORD PAST PRESIDENT/ CONSULTANT 225000 0 0 0 0 0 0 0 0 0 225000 0 0 0 LINDA J WEISS DIR CENTER FOR EVAL. & APPLIED RESEARCH 181553 0 0 0 1948 0 2790 0 33004 0 219295 0 0 0 NANCY CLAYMAN DIRECTOR OF DEVELOPMENT 157510 0 0 0 19762 0 5573 0 28404 0 211249 0 0 0 STEPHEN W PAUL DIRECTOR OF FINANCE 164292 0 0 0 258 0 5407 0 38118 0 208075 0 0 0 PAUL H THEERMAN DIRECTOR, LIBRARY 167318 0 0 0 762 0 5098 0 3311 0 176489 0 0 0 GINA RAVOSA DIRECTOR, MARKETING & COMM. 146697 0 0 0 258 0 4586 0 24931 0 176472 0 0 0 X 2 0 1 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B) OF SCHEDULE M. PART I, LINE 33: NYAM HAS A COLLECTION OF VARIOUS PURCHASED AND DONATED MATERIALS, INCLUDING BOOKS AND ARTIFACTS. THIS COLLECTION IS MAINTAINED BY NYAM UNDER CURATORIAL CARE AND IS HELD FOR RESEARCH, EDUCATION AND PUBLIC EXHIBITION IN FURTHERANCE OF PUBLIC SERVICE. IN ACCORDANCE WITH NOT-FOR-PROFIT INDUSTRY PRACTICE, THE COSTS AND VALUES OF THE ITEMS IN THE COLLECTION HAVE NOT BEEN CAPITALIZED AND ARE NOT REPORTED IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION. FORM 990, PART VI, SECTION A, LINE 6 THE ACADEMY HAS THREE CLASSES OF FELLOWS (MEMBERS); RESIDENT, NON-RESIDENT AND HONORARY. ALL CLASSES OF FELLOWS ARE VOTING MEMBERS. THE BOARD OF TRUSTEES MAY FROM TIME TO TIME ELECT HONORARY FELLOWS TO BE TRUSTEES OR OFFICERS OF THE ACADEMY. FORM 990, PART VI, SECTION A, LINE 7A IN ACCORDANCE WITH THE ACADEMY'S BY-LAWS THERE IS AN ANNUAL MEETING OF THE FELLOWS (MEMBERS) HELD ON SUCH DAY AS THE CHAIRMAN SHALL DESIGNATE FOR THE ELECTION OF TRUSTEES AND THE TRANSACTION OF OTHER BUSINESS. A PROXY STATEMENT IS SENT TO ALL FELLOWS PRIOR TO THEIR VOTE ON A SLATE OF PROPOSED NOMINEES FOR THE BOARD OF TRUSTEES. THIS NOTICE MUST STATE THE PLACE, DATE, AND HOUR OF THE ANNUAL MEETING SHALL BE GIVEN TO EACH VOTING FELLOW NOT LESS THAN TWENTY-ONE NOR MORE THAN FIFTY DAYS BEFORE THE DATE OF THE MEETING. SUCH NOTICE SHALL BE GIVEN IN WRITING, IN PERSON OR BY FIRST CLASS MAIL, ADDRESSED TO EACH VOTING FELLOW AT HIS OR HER ADDRESS AS IT APPEARS ON THE RECORDS OF THE ACADEMY, OR IF A VOTING FELLOW SHALL HAVE FILED WITH THE SECRETARY A WRITTEN REQUEST THAT NOTICES BE MAILED TO SOME OTHER ADDRESS, THEN TO SUCH ADDRESS. NOTICE BY MAIL SHALL BE DEEMED TO BE GIVEN WHEN DEPOSITED IN THE UNITED STATES MAIL, WITH POSTAGE PREPAID. FORM 990, PART VI, SECTION A, LINE 7B IN ACCORDANCE WITH THE ACADEMY'S BY-LAWS THERE IS AN ANNUAL MEETING OF THE FELLOWS (MEMBERS) HELD ON SUCH DAY AS THE CHAIRMAN SHALL DESIGNATE FOR THE ELECTION OF TRUSTEES AND THE TRANSACTION OF OTHER BUSINESS. A PROXY STATEMENT IS SENT TO ALL FELLOWS PRIOR TO THEIR VOTE ON A SLATE OF PROPOSED NOMINEES FOR THE BOARD OF TRUSTEES. THIS NOTICE MUST STATE THE PLACE, DATE, AND HOUR OF THE ANNUAL MEETING SHALL BE GIVEN TO EACH VOTING FELLOW NOT LESS THAN TWENTY-ONE NOR MORE THAN FIFTY DAYS BEFORE THE DATE OF THE MEETING. SUCH NOTICE SHALL BE GIVEN IN WRITING, IN PERSON OR BY FIRST CLASS MAIL, ADDRESSED TO EACH VOTING FELLOW AT HIS OR HER ADDRESS AS IT APPEARS ON THE RECORDS OF THE ACADEMY, OR IT A VOTING FELLOW SHALL HAVE FILLED WITH THE SECRETARY A WRITTEN REQUEST THAT NOTICES BE MAILED TO SOME OTHER ADDRESS, THEN TO SUCH ADDRESS. NOTICE BY MAIL SHALL BE DEEMED TO BE GIVEN WHEN DEPOSITED IN THE UNITED STATES MAIL, WITH POSTAGE PREPAID. FORM 990, PART VI, SECTION B, LINE 11B THE NEW YORK ACADEMY OF MEDICINE HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. AFTER THE FORM 990 HAS BEEN PREPARED, IT IS REVIEWED BY MANAGEMENT AND THEN THE AUDIT COMMITTEE OF THE BOARD WHO REVIEWS AND APPROVES IT SUBJECT TO DISTRIBUTION OF THE DRAFT TO THE FULL BOARD FOR REVIEW AND COMMENT. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE SENIOR VICE PRESIDENT FOR FINANCE AND ADMINISTRATION HAS RESPONSIBILITY FOR THE OVERSIGHT AND DISTRIBUTION OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. A QUESTIONNAIRE IS DISTRIBUTED TO AND COMPLETED ANNUALLY BY ALL TRUSTEES AND SENIOR STAFF IN ORDER TO ENSURE COMPLIANCE WITH THE POLICY. THE CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE IS INCORPORATED INTO CONSULTANT AND SUB-CONTRACT AGREEMENTS. IF A CONFLICT OF INTEREST EXISTS: - THE MAJORITY OF THE EXECUTIVE COMMITTEE MUST AGREE THAT THE RELATED PARTY TRANSACTION IS FAIR, REASONABLE AND IN NYAM'S BEST INTEREST AT THE TIME OF THE DETERMINATION, THAT USING AN ALTERNATIVE IS NOT TO NYAM'S BENEFIT AND THAT THE MATERIAL FACTS OF THE TRANSACTION ARE DISCLOSED IN ADVANCE; - THE DELIBERATIONS, INCLUDING DISCUSSION OF ALTERNATIVES, ARE DOCUMENTED IN THE MINUTES AND REPORTED TO THE BOARD OF TRUSTEES; - THE RELATED PARTY MAY NOT BE IN THE ROOM FOR THE DISCUSSION; AND - THE TRUSTEE WHO WILL BENEFIT, DIRECTLY OR INDIRECTLY FROM A TRANSACTION SHALL NOT BE ELIGIBLE TO VOTE ON ANY ISSUE REGARDING THAT TRANSACTION AND SHALL NOT BE COUNTED TOWARD A QUORUM FOR SUCH A VOTE. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD'S EXECUTIVE COMMITTEE/ COMPENSATION COMMITTEE REVIEWS MARKET COMPENSATION, INCLUDING FORM 990S OF SIMILAR SIZES ORGANIZATIONS AND APPROVES THE PRESIDENT'S COMPENSATION. THE BOARD'S EXECUTIVE COMMITTEE CONSIDERATION OF THIS MATTER IS ALSO DOCUMENTED IN THE MINUTES OF THE EXECUTIVE SESSION. THIS PROCESS WAS LAST COMPLETED IN 2019. FORM 990, PART VI, SECTION C, LINE 19 THE BY-LAWS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO CONTRIBUTORS, SPONSORS, FINANCIAL INSTITUTIONS AND OTHER MEMBERS OF THE PUBLIC ARE ON THE ACADEMY'S WEBSITE ALONG WITH THE FORM 990 FEDERAL TAX RETURN AND THE ACADEMY'S ANNUAL REPORT. THE ANNUAL REPORT CONTAINS CONDENSED FINANCIAL INFORMATION AND IS AVAILABLE TO THE PUBLIC THROUGH THE ACADEMY'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PERPETUAL TRUST -415. FORM 990, PART XII, LINE 2C: NEW YORK ACADEMY OF MEDICINE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF ITS INDEPENDENT AUDITOR. THE POLICY FOR SELECTION AND OVERSIGHT OF THE INDEPENDENT AUDITORS HAS NOT CHANGED SINCE LAST YEAR.