2019-11-15T17:27:36-06:00 2018-12-31 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2018-01-01 134020446 NYC & COMPANY FOUNDATION INC NYC& 2124841255 810 SEVENTH AVENUE 3RD FLOOR NEW YORK NY 10019 BRYAN GRIMALDI TREASURER 2124841255 2019-11-15 1 GARRETT M HIGGINS P00543209 2122862600 2019-11-15 4.15.211.182 2019-11-15 17:13:09 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 40DFD97C23B761131A893E112484B80F36E3DF78 2018 2020-03-31 21:24:44Z FRED DIXON 810 SEVENTH AVENUE 3RD FLOOR NEW YORK NY 10019 618480 0 X N/A X 1998 NY TO SUPPORT AND PROMOTE NEW YORK CITY'S CULTURAL INSTITUTIONS, HISTORIC LANDMARKS, AND HERITAGE ORGANIZATIONS AND SITES ACROSS ALL FIVE BOROUGHS OF NEW YORK CITY, WITH A VIEW TO BENEFIT THE COMMUNITY AND ENHANCE THE CITY'S WORLDWIDE IMAGE. 4 3 0 3 0 0 493920 510980 2100 0 0 0 -37891 -47707 458129 463273 346441 347429 0 0 0 0 0 0 6036 37488 65013 383929 412442 74200 50831 745540 694911 100205 23745 645335 671166 TO SUPPORT AND PROMOTE NEW YORK CITY'S CULTURAL INSTITUTIONS, HISTORIC LANDMARKS, AND HERITAGE ORGANIZATIONS AND SITES, WITH A VIEW TO BENEFIT THE COMMUNITY AND ENHANCE THE CITY'S WORLDWIDE IMAGE. 0 0 297429 297429 BOROUGH GRANT PROGRAM/CONTRIBUTIONS:CONTRIBUTING MONEY TO SPECIFIC COMMUNITY PROGRAMS IN NEW YORK CITY'S FIVE BOROUGHS WHICH CAN DRIVE TOURISM. TYPICAL ANNUAL CONTRIBUTION CIRCA $320-$350K FUNDING APPROXIMATELY 60 PROGRAMS ACROSS THE FIVE BOROUGHS. 50000 50000 EDUCATION AND CHARITABLE ORGANIZATION CONTRIBUTIONS:THE FOUNDATION ADMINISTERS A GRANT PROGRAM TO ASSIST NEW YORK CITY'S NON PROFIT ARTS AND CULTURAL ORGANIZATIONS IN THE DEVELOPMENT OF CULTURAL TOURISM RELATED PROJECTS DESIGNED TO ATTRACT VISITORS. THE FOUNDATION FOCUSES ON EDUCATING DOMESTIC AND INTERNATIONAL MARKETS ABOUT THE CULTURAL OPPORTUNITIES AVAILABLE THROUGHOUT NEW YORK CITY. THE FOUNDATION ALSO MAKE CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS TO SUPPORT THEIR ORGANIZATION'S MISSION AND SCHOLARSHIPS FUNDS. 38813 Z-CARDS/CULTURE SPOT:PROVISION OF FREE FOLD OUT MAPS ('Z-CARDS') TO LOCAL RESIDENTS AND TOURISTS HIGHLIGHTING THE CITY'S CULTURAL INSTITUTIONS AND OPPORTUNITIES AND HOW TO GET TO THEM. TYPICAL COST CIRCA $100K. 386242 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 4 3 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X RICHARD LOVATT 2124841200 810 SEVENTH AVENUE 3RD FLOOR NEW YORK NY 10019 FRED DIXON PRESIDENT 1.00 39.00 X X 0 489498 30078 HAROLD HOLZER SECRETARY 1.00 X X 0 0 0 CHARLES FLATEMAN DIRECTOR 1.00 X 0 0 0 EMILY RAFFERTY DIRECTOR 1.00 X 0 0 0 RICHARD LOVATT TREASURER 1.00 39.00 X 0 250452 31676 BRYAN GRIMALDI SECRETARY/TREASURER THRU NOV. 2018 1.00 39.00 X 0 330352 43290 0 1070302 105044 0 0 1 0 0 508100 2880 510980 107500 508100 155207 -47707 -47707 463273 0 0 -47707 347429 347429 12925 12925 7239 7239 6036 6036 CULTURAL PROMOTIONS 38813 38813 412442 386242 20164 6036 460906 534452 150068 79071 134566 81388 745540 694911 100205 23745 100205 23745 X 645335 671166 645335 671166 745540 694911 50831 -25000 0 X X 0 1 X 1 0 X 614800 640960 666505 493920 510980 2927165 614800 640960 666505 493920 510980 2927165 337102 2590063 2927165 12188 0.88480 0.90490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE FROM NYC & COMPANY, INC. 81388 81388 X 768480 150000 155207 305207 463273 0 463273 717649 150000 155207 305207 412442 0 412442 PART X, LINE 2: U.S. GAAP REQUIRES EVALUATION OF TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNITION OF A LIABILITY IN THE FINANCIAL STATEMENTS IF THE FOUNDATION HAS TAKEN UNCERTAIN TAX POSITIONS THAT MORE LIKELY-THAN-NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. AS OF DECEMBER 31, 2018, THE FOUNDATION HAS DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2018, TAX YEARS FOR ALL YEARS SINCE DECEMBER 31, 2015 REMAIN OPEN TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSE REPORTED ON PART VIII, LINE 8B 155,207. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSE REPORTED ON PART VIII, LINE 8B 155,207. GALA 615600 508100 107500 35079 87286 32842 615600 508100 107500 35079 87286 32842 155207 -47707 1 ONE BROOKLYN FUND INC 209 JORALEMON STREET BROOKLYN NY 11201 465189061 501(C )(3) 67000 TO SUPPORT THE 2018 ARTS & CULTURAL INITIATIVE, 2018 CONEY ISLAND NEW YEAR'S EVE, AND 2018 BOROUGH HALL PLAZA EVENTS. BRONX OVERALL ECONOMIC DEVELOPMENT CORP 851 GRAND CONCOURSE SUITE 123 BRONX NY 10451 133079387 501(C )(3) 55000 TO SUPPORT THE MANSION & COTTAGES EVENT, BRONX SALSA FEST, 2018 BRONX VISITORS GUIDE, BRONX WEEK EVENT, LET'S GO TO THE BRONX EVENT, AND ONGOING WEB ENHANCEMENTS. BROOKLYN ARTS COUNCIL 20 JAY STREET STE 616 BROOKLYN NY 11201 237072915 501(C )(3) 25000 TO SUPPORT BROOKLYN'S NONPROFIT ARTS AND CULTURAL ORGANIZATIONS. CITY PARKS FOUNDATION 830 FIFTH AVENUE NEW YORK NY 10065 133561657 501(C )(3) 25000 TO SUPPORT THE QUEENS SUMMER STAGE CONCERT. MAYOR'S FUND TO ADVANCE NY 253 BROADWAY 8TH FLOOR NEW YORK NY 10007 133783906 501(C )(3) 25000 TO SUPPORT THE MAYOR'S INDUSTRY FUND FOR 2018. STATUE OF LIBERTY - ELLIS ISLAND FOUNDATION INC 17 BATTERY PLACE SUITE 210 NEW YORK NY 100043507 133118415 501(C )(3) 25000 STATUE OF LIBERTY 2018 PLEDGE. FLUSHING COUNCIL ON CULTURE & THE ARTS 137-35 NORTHERN BOULEVARD FLUSHING NY 11354 112652182 501(C )(3) 10000 TO SUPPORT ADVERTISING FOR 2018. JAMAICA CENTER FOR ARTS & LEARNING (JCAL) 161-04 JAMAICA AVENUE JAMAICA NY 11432 112478709 501(C )(3) 10000 TO SUPPORT MARKETING OF THE JCAL PROGRAMS. QUEENS ECONOMIC DEVELOPMENT CORP 120-55 QUEENS BOULEVARD SUITE 309 KEW GARDENS NY 11424 112436149 501(C )(3) 10000 TO SUPPORT MARKETING OF THE "I LOVE THE WORLD'S BOROUGH" EVENT. QUEENS THEATRE IN THE PARK 14 UNITED NATIONS AVENUE SOUTH QUEENS NY 11368 113381629 501(C )(3) 10000 TO SUPPORT ONLINE AND LOCAL MARKETING. DANCE ENTROPY INC 37-24 24TH STREET SUITE 302 LONG ISLAND CITY NY 11101 204388158 501(C )(3) 10000 TO SUPPORT MARKETING OF THE GREEN SPACE'S 2018 FALL SEASON. BOWNE HOUSE HISTORICAL SOCIETY INC 37-01 BOWNE STREET FLUSHING NY 11354 116111192 501(C )(3) 10000 TO SUPPORT MARKETING OF THE BOWNE HOUSE EDUCATIONAL PROGRAM DEVELOPMENT AND OUTREACH PROJECT. 12 0 PART I, LINE 2: CRITERIA USED TO AWARD THE GRANTS OR ASSISTANCE- THERE ARE GUIDELINES FOR PROPOSAL SUBMISSION, WHICH INCLUDE PROJECT BUDGET FOR BOROUGH GRANTS AND ALL APPLICATIONS MUST INCLUDE THE APPLICANT ORGANIZATION'S 501(C)3 TAX EXEMPT CERTIFICATION. PROCEDURES FOR MONITORING THE USE OF THE GRANT FUNDS- ALL GRANTEES MUST SUBMIT A POST PROGRAM REPORT DETAILING THE USE OF THE FUNDS. 0 0 0 0 0 0 0 0 0 FRED DIXON PRESIDENT 0 488598 0 0 0 900 0 16200 0 13878 0 519576 0 0 RICHARD LOVATT TREASURER 0 250152 0 0 0 300 0 6188 0 25488 0 282128 0 0 BRYAN GRIMALDI SECRETARY/TREASURER THRU NOV. 2018 0 329902 0 0 0 450 0 16088 0 27202 0 373642 0 0 PART I, LINE 3 THE COMPENSATION OF THE PRESIDENT IS DETERMINED BY BOARD OF NYC & COMPANY, INC. (PARENT). THE BOARD VOTE ON THE EMPLOYMENT, COMPENSATION AND OTHER TERMS AND CONDITIONS OF EMPLOYMENT, OF THE PRESIDENT. COMPENSATION DATA FROM SIMILARLY SITUATED NON-PROFIT ORGANIZATIONS IS UTILIZED AS PART OF THE REVIEW PROCESS. THE MEETINGS OF THE COMPENSATION COMMITTEE ARE CONTEMPORANEOUSLY DOCUMENTED. THIS PROCESS WAS LAST COMPLETED IN 2018. FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION HAS AN ARRANGEMENT WITH NYC & COMPANY, INC, A RELATED NON-PROFIT ORGANIZATION, WHEREBY CERTAIN ADMINISTRATIVE SERVICES ARE PROVIDED TO THE FOUNDATION BY NYC & COMPANY EMPLOYEES. THE FEE FOR THESE SERVICES WAS WAIVED IN 2018 FOR WHICH THE ESTIMATE OF SUCH SERVICES RENDERED WAS $150,000. FRED DIXON, PRESIDENT, BRYAN GRIMALDI, FORMER SECRETARY AND TREASURER, AND RICHARD LOVATT, TRESURER, WERE COMPENSATED BY NYC & COMPANY, INC. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY NYC & COMPANY'S CFO, CEO AND COO PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS, AND EMPLOYEES OF NYC & COMPANY FOUNDATION ARE REQUIRED TO DISCLOSE IN WRITING ANY DIRECT OR INDIRECT FINANCIAL INTEREST THAT HE OR SHE HAS OR REASONABLY EXPECTS TO HAVE IN ANY PROPOSED OR EXISTING CONTRACT OR TRANSACTION WITH THE ORGANIZATION, OR IN ANY MATTER UNDER CONSIDERATION BY THE ORGANIZATION. ANY WRITTEN DISCLOSURE AND THE RESOLUTION IS TO BE DOCUMENTED IN ORGANIZATION RECORDS, INCLUDING MINUTES OF ANY MEETING WHERE THE CONFLICT IS DISCUSSED OR VOTED ON. AN INTERESTED BOARD MEMBER, OFFICER, OR STAFF MEMBER SHALL NOT PARTICIPATE IN ANY DISCUSSION OR DEBATE OF THE BOARD OF DIRECTORS, OR OF ANY COMMITTEE OR SUBCOMMITTEE THEREOF IN WHICH THE SUBJECT OF DISCUSSION IS A CONTRACT, TRANSACTION, OR SITUATION IN WHICH THERE MAY BE A PERCEIVED OR ACTUAL CONFLICT OF INTEREST. INDIVIDUALS ARE REQUIRED TO FILL OUT, SIGN AND DATE AN "ANNUAL CONFLICTS QUESTIONNAIRE." FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 IS ALSO AVAILABLE AT GUIDESTAR.ORG FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. NYC & COMPANY INC 810 SEVENTH AVENUE - THIRD FLOOR NEW YORK NY 10019 135531178 PROMOTION NY 501(C)(6) N/A N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0