NEW YORK YACHT CLUB FOUNDATION: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
NEW YORK YACHT CLUB FOUNDATION (EIN 20-8288446)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-15
IRS object ID
201933199349309618
Schema version
2018v3.1
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)
Return2019-11-15T12:23:25-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

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 PLAZA 7TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10004ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

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
Signature2019-11-05SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

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

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address184.74.172.82IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-05IPDt
IP Tm15:42:06IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id22603B5F3D0F044F5E1D98A58B2AA5892463CC73AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-04-17 16:48:07ZBuildTS

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$1,467,929GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressNYYC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2006FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionMAINTAIN, RESTORE AND PRESERVE THE EXTERIOR OF THE HISTORICALLY AND ARCHITECTURALLY SIGNIFICANT BUILDIN AND IMPROVEMENTS LOCATED AT VARIOUS LANDMARKS.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers13TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,926,711PYContributionsGrantsAmt
CY Contributions Grants$1,466,767CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$382PYInvestmentIncomeAmt
CY Investment Income$1,162CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$3,927,093PYTotalRevenueAmt
CY Total Revenue$1,467,929CYTotalRevenueAmt
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$7,680CYTotalFundraisingExpenseAmt
PY Other Expenses$43,615PYOtherExpensesAmt
CY Other Expenses$1,523,115CYOtherExpensesAmt
PY Total Expenses$43,615PYTotalExpensesAmt
CY Total Expenses$1,523,115CYTotalExpensesAmt
PY Revenues Less Expenses$3,883,478PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$55,186CYRevenuesLessExpensesAmt
Total Assets BOY$4,546,433TotalAssetsBOYAmt
Total Assets EOY$4,525,169TotalAssetsEOYAmt
Total Liabilities BOY$22,274TotalLiabilitiesBOYAmt
Total Liabilities EOY$56,276TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,524,159NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,468,893NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE O.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,350,705ExpenseAmt
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$1,350,705TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document3IRPDocumentCnt
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 Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
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 (13 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 J OTOROWSKI
SECRETARY3.00Yes (X)Yes (X)$0$0$0
HARRY T REIN
TREASURER3.00Yes (X)Yes (X)$0$0$0
GEORGE AL DAVID
BOARD MEMBER3.00Yes (X)$0$0$0
G THOMPSON HUTTON
BOARD MEMBER3.00Yes (X)$0$0$0
RALPH HEYWARD ISHAM
BOARD MEMBER3.00Yes (X)$0$0$0
DAVID K ELWELL JR
BOARD MEMBER3.00Yes (X)$0$0$0
ROBERT P MORAN JR
BOARD MEMBER3.00Yes (X)$0$0$0
RICHARD S RANKIN
BOARD MEMBER3.00Yes (X)$0$0$0
JOSEPH C HOOPES JR
BOARD MEMBER3.00Yes (X)$0$0$0
GARY A JOBSON
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$1,466,767AllOtherContributionsAmt
Total Contributions$1,466,767TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$57TotalRevenueColumnAmt
Exclusion$57ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,105SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,105SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,105TotalRevenueColumnAmt
Exclusion$1,105ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,467,929TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,162ExclusionAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$48,250TotalAmt
Management And General$48,250ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$41,218TotalAmt
Management And General$41,218ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,252TotalAmt
Management And General$572ManagementAndGeneralAmt
Fundraising$7,680FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
BUILDING RESTORATION$1,350,705$1,350,705
COMMUNICATIONS$45,795$45,795
REBRANDING$26,000$26,000
OTHER$2,895$2,895

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,523,115TotalAmt
Program Services$1,350,705ProgramServicesAmt
Management And General$164,730ManagementAndGeneralAmt
Fundraising$7,680FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,115,953BOYAmt
EOY$1,759,385EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,129BOYAmt
EOY$1,041EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,391,855BOYAmt
EOY$2,618,195EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$31,825BOYAmt
EOY$143,957EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,671BOYAmt
EOY$2,591EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,546,433BOYAmt
EOY$4,525,169EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$22,274BOYAmt
EOY$56,276EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$22,274BOYAmt
EOY$56,276EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,132,304BOYAmt
EOY$1,850,698EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,391,855BOYAmt
EOY$2,618,195EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,524,159BOYAmt
EOY$4,468,893EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,546,433BOYAmt
EOY$4,525,169EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$55,186ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$80NetUnrlzdGainsLossesInvstAmt
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$435,657CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$725,424CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$565,783CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,926,711CurrentTaxYearMinus1YearAmt
Current Tax Year$1,466,767CurrentTaxYearAmt
Total$7,120,342TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$435,657CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$725,424CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$565,783CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,926,711CurrentTaxYearMinus1YearAmt
Current Tax Year$1,466,767CurrentTaxYearAmt
Total$7,120,342TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,810,728SubstantialContributorsTotAmt
Public Support Total170$3,309,614PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$33CurrentTaxYearMinus1YearAmt
Current Tax Year$57CurrentTaxYearAmt
Total$90TotalAmt
FieldValueIRS element (for citing)
Total Support$7,120,432TotalSupportAmt
Public Support CY1700.46480PublicSupportCY170Pct
Public Support PY1700.37450PublicSupportPY170Pct
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$1,467,849TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$80NetUnrealizedGainsInvstAmt
Revenue Not Reported-$80RevenueNotReportedAmt
Revenue Subtotal$1,467,929RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,467,929TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,523,115TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,523,115ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,523,115TotalExpensesPerForm990Amt

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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