NEW YORK METS FOUNDATION INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
NEW YORK METS FOUNDATION INC (EIN 13-6159029)
Tax period
2017-11-01 to 2018-10-31
Filed
2019-09-13
IRS object ID
201902569349300780
Schema version
2017v2.3
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)
Return2019-09-13T13:32:11-05:00ReturnTs
Tax Period End2018-10-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1150 WEST JEFFERSON SUITE 1900AddressLine1Txt
CityDETROITCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48226ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN136159029EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1New York Mets Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% LEONARD S LABITAInCareOfNm
Business Name ControlNEWYBusinessNameControlTxt
Phone7185076387PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CITI FIELDAddressLine1Txt
CityFLUSHINGCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11368ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID COHENPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone7185654338PhoneNum
Signature2019-09-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNICOLE A FITZMAURICEPreparerPersonNm
PTINP01491005PTIN
Phone3132303000PhoneNum
Preparation2019-09-12PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address167.68.102.5IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id13407320192565000266FederalOriginalSubmissionId
Federal Original Submission Id2019-09-13FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdF7E791049FCEE4943A341CCA4F642AE72B60D2A0AtSubmissionCreationDeviceId
At Submission Filing Device Id31462D7E604358D5493726803990907BCB83CB78AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJEFFREY WILPONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CITI FIELDAddressLine1Txt
CityFLUSHINGCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11368ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,500,098GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1963FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE NEW YORK METS FOUNDATION FUNDS AND PROMOTES A VARIETY OF EDUCATIONAL, SOCIAL AND ATHLETIC PROGRAMS AND OTHER CHARITABLE CAUSES THAT BENEFIT CHILDREN AND OTHERS IN NEED.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,609,667PYContributionsGrantsAmt
CY Contributions Grants$2,414,858CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue-$106,104PYOtherRevenueAmt
CY Other Revenue-$109,746CYOtherRevenueAmt
PY Total Revenue$1,503,563PYTotalRevenueAmt
CY Total Revenue$2,305,112CYTotalRevenueAmt
PY Grants And Similar Paid$829,598PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$859,042CYGrantsAndSimilarPaidAmt
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$0CYTotalFundraisingExpenseAmt
PY Other Expenses$0PYOtherExpensesAmt
CY Other Expenses$36,350CYOtherExpensesAmt
PY Total Expenses$829,598PYTotalExpensesAmt
CY Total Expenses$895,392CYTotalExpensesAmt
PY Revenues Less Expenses$673,965PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,409,720CYRevenuesLessExpensesAmt
Total Assets BOY$3,533,025TotalAssetsBOYAmt
Total Assets EOY$5,087,373TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,533,025NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,087,373NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE NEW YORK METS FOUNDATION FUNDS AND PROMOTES A VARIETY OF EDUCATIONAL, SOCIAL AND ATHLETIC PROGRAMS AND OTHER CHARITABLE CAUSES. FOR MORE INFORMATION, SEE SCHEDULE O.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$369,139ExpenseAmt
Grant$369,139GrantAmt
DescSUPPORT FOR SUBURBAN, SANDLOT, PAL & ROOKIE LEAGUES ENCOURAGE INVOLVEMENT IN AMATEUR ATHLETICS AND BASEBALL BY SUPPLYING ATHLETIC EQUIPMENT AND CONTRIBUTING FINANCIAL SUPPORT TO LITTLE LEAGUES, BASEBALL AND OTHER SPORTS RELATED ORGANIZATIONS, CAUSES AND SIMILAR GROUPS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$526,253ExpenseAmt
Grant$489,903GrantAmt
DescGRANTS TO OTHER CHARITABLE ORGANIZATIONS AND CAUSES INCLUDING COMMUNITY ORGANIZATIONS, SCHOLARSHIP FUNDS, PUBLIC PARKS IMPROVEMENT PROJECTS, VARIOUS SOCIAL SERVICE ORGANIZATIONS AND OTHER ORGANIZED CHARITIES THAT BENEFIT THE COMMUNITY AS A WHOLE.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$895,392TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnfalseAnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLEONARD S LABITAPersonNm
Phone7185654338PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CITI FIELDAddressLine1Txt
CityflushingCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11368ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
SAUL KATZ
TRUSTEE2.048.0Yes (X)$0$0$0
FRED WILPON
TRUSTEE2.048.0Yes (X)$0$0$0
JEFFREY WILPON
TRUSTEE/EXEC VP2.048.0Yes (X)$0$0$0Yes (X)
DAVID COHEN
SECRETARY2.048.0$0$0$0Yes (X)
MARK PESKIN
TREASURER2.048.0$0$0$0Yes (X)
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 ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$638,980FundraisingAmt
All Other Contributions$1,775,878AllOtherContributionsAmt
Total Contributions$2,414,858TotalContributionsAmt
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$85,240FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$638,980ContriRptFundraisingEventAmt
Fundraising Direct Expenses$194,986FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$109,746TotalRevenueColumnAmt
Exclusion-$109,746ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,305,112TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$109,746ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$859,042TotalAmt
Program Services$859,042ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescCOMMUNITY SUPPORT PROGRAMSDesc
Total$36,350TotalAmt
Program Services$36,350ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$895,392TotalAmt
Program Services$895,392ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,533,025BOYAmt
EOY$5,087,373EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,533,025BOYAmt
EOY$5,087,373EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,547,491BOYAmt
EOY$3,936,229EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$985,534BOYAmt
EOY$1,151,144EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,533,025BOYAmt
EOY$5,087,373EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,533,025BOYAmt
EOY$5,087,373EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,409,720ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$144,628OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

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$794,255CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$561,662CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,116,566CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,609,667CurrentTaxYearMinus1YearAmt
Current Tax Year$2,414,858CurrentTaxYearAmt
Total$6,497,008TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$794,255CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$561,662CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,116,566CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,609,667CurrentTaxYearMinus1YearAmt
Current Tax Year$2,414,858CurrentTaxYearAmt
Total$6,497,008TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,133,318SubstantialContributorsTotAmt
Public Support Total170$3,363,690PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$6,497,008TotalSupportAmt
Gross Receipts Rltd Activities$439,154GrossReceiptsRltdActivitiesAmt
Public Support CY1700.51773PublicSupportCY170Pct
Public Support PY1700.51620PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
CY Minus3 Yr Endwmt FundCYMinus3YrEndwmtFundGrp
CY Minus4 Yr Endwmt FundCYMinus4YrEndwmtFundGrp
LandLandGrp
BuildingsBuildingsGrp
Leasehold ImprovementsLeaseholdImprovementsGrp
EquipmentEquipmentGrp
Other Land BuildingsOtherLandBuildingsGrp
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt
Total Liability$0TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,644,726TotalRevEtcAuditedFinclStmtAmt
Other Revenue$144,628OtherRevenueAmt
Revenue Not Reported$144,628RevenueNotReportedAmt
Revenue Subtotal$2,500,098RevenueSubtotalAmt
Other Revenues Not Included-$194,986OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$194,986RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,305,112TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,090,378TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$194,986OtherExpensesIncludedAmt
Expenses Not Reported$194,986ExpensesNotReportedAmt
Expenses Subtotal$895,392ExpensesSubtotalAmt
Total Expenses Per Form990$895,392TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART X, LINE 2TAX FOOTNOTE The Foundation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code (Code). Nevertheless, income from activities not directly related to the Foundation's tax-exempt purpose may be subject to taxation as unrelated business income. The Foundation had no unrelated business income in fiscal year 2018. The Foundation's income tax returns are subject to examination by taxing authorities. The application of tax laws and regulations to many types of transactions is susceptible to varying interpretations, and accordingly, amounts and disclosures reported in the financial statements could be changed at a later date upon final determinations by the taxing authorities. H.R. 1, originally known as the Tax Cuts and Jobs Act (the Act or Tax Reform), was signed into law on December 22, 2017. The Act contains various provisions affecting not-for-profit entities. Tax-exempt entities are impacted in part by the inclusion of a new excise tax on excess compensation for covered employees and changes to unrelated business income. Management's assessment is that there is no impact on the financial statements as of October 31, 2018.
SCHEDULE D, PART XI, LINE 2DRECONCILIATION OF REVENUE PER 990 TO AUDITED FINANCIAL STATEMENTS $144,628 RECOVERIES OF PRIOR YEAR INVESTMENT LOSSES SCHEDULE D, PART XI, LINE 4B RECONCILIATION OF REVENUE PER 990 TO AUDITED FINANCIAL STATEMENTS ($194,986) DIRECT FUNDRAISING EXPENSES SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF EXPENES PER 990 TO AUDITED FINANCIAL STATEMENTS $194,986 DIRECT FUNDRAISING EXPENSES

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1WELCOME HOMEEvent1Nm
Gross Receipts Event1$724,220GrossReceiptsEvent1Amt
Charitable Contri Event1$638,980CharitableContriEvent1Amt
Gross Revenue Event1$85,240GrossRevenueEvent1Amt
Food And Beverage Event1$84,155FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$110,831OtherDirectExpensesEvent1Amt
Other Events Total0OtherEventsTotalCnt
Gross Receipts Total$724,220GrossReceiptsTotalAmt
Charitable Contributions Tot$638,980CharitableContributionsTotAmt
Gross Revenue Total Events$85,240GrossRevenueTotalEventsAmt
Food And Beverage Total Events$84,155FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$110,831OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$194,986DirectExpenseSummaryEventsAmt
Net Income Summary-$109,746NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (33 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
National September 11 Memorial & Museum
200 Liberty Street 16th FlNew YorkNY10281383678458501(C)(3)$100,000Supporting Amateur/ Youth Athletics
Pitch In for Baseball & Softball
1565 Gehman RoadHarleysvillePA19438861141299501(C)(3)$94,200Supporting Amateur/ Youth Athletics
Dream
1991 Second AvenueNew YorkNY10029134025290501(C)(3)$46,869Support Amateur / Youth Athletics
New York City Police Foundation INC
555 5th AveNEW YORKNY10017132711338501(C)(3)$33,000Community Support
American Heart Association
PO Box 50075PrescottAZ863045075135613797501(C)(3)$25,000Community Support
New York Cares
65 Broadway 19th FloorNEW YORKNY10006133444193501(C)(3)$25,000Community Support
NY Police & Fire Widows' Children's Benefit Fund
156 W 56th Street 901New YorkNY10019133340675501(C)(3)$25,000Community Support
Prospect Park Alliance
95 Prospect Park WestBrooklynNY11215112843763501(C)(3)$37,500Support Amateur/ Youth Athletics
The Jackie Robinson Foundation
75 Varick Street 201NEW YORKNY10013132896345501(C)(3)$25,000Supporting Amateur/ Youth Athletics
The Police Athletic League
34 1/2 East 12th StreetNew YorkNY10003135596811501(C)(3)$25,000Supporting Amateur / Youth Athletics
YMCA of Greater New York
5 West 63rd Street 6th FloorNEW YORKNY10023131624228501(C)(3)$22,600Support Amateur / Youth Athletics
Broward Education Foundation
600 SE 3rd Avenue 1st FloorFort LauderdaleFL10001592359433501(C)(3)$18,070Support Educational and Social Programs
National September 11 Memorial & Museum
200 Liberty Street 16th FlNew YorkNY10281383678458501(C)(3)$20,050Community Support
PS191 Mayflower
85-15 258th StQueensNY11001136400434NEW YORK CITY$0Community Support$17,000FMVUNIFORMS
St Francis Food Pantries and Shelters
450 Seventh AvenueNew YorkNY10123800458866501(C)(3)$39,000Community Support
Mayor's Fund to Advance New York City
253 BroadwayNew YorkNY10007133783906501(C)(3)$15,000Community Support
Citizens Union Foundation
299 Broadway Suite 700NEW YORKNY10007135549188501(C)(3)$14,000Community Support
MC LEF
273 Columbus Ave 10TuckahoeNY10707223357410501(C)(3)$13,000Community Support
FDNY Foundation
9 Metrotech Center RM 5E-6BrooklynNY11201112632404501(C)(3)$15,500Community Support
March of Dimes
515 Madison Avenue 20th FlNEW YORKNY10022131846366501(C)(3)$11,250Community Support
Birthright Israel Foundation
521 Fifth Ave 27th FLRNew YorkNY10175134092050501(C)(3)$10,000SUPPORT EDU & SOCIAL PGMS
Children's Hospital of the Kings Daughters
Development Office 601 ChildrensNORFOLKVA23507540506321501(C)(3)$10,000COMMUNITY SUPPORT
Citizens Budget Commission
Two Penn Plaza 5th FloorNEW YORKNY10121130576141501(C)(3)$10,000Community Support
Queens Library Foundation
89-11 Merrick Boulevard Jamaica NJAMAICANY11432113009405501(C)(3)$10,000SUPPORT EDU & SOCIAL PGMS
Tim Tebow Foundation
2220 Country Road 210 West Suite 1JACKSONVILLEFL32259274345913501(C)(3)$10,000Community Support
JDRF
26 Broadway 15th FloorNew YorkNY10004231907729501(C)(3)$9,500Support Educational and Social Programs
Memorial Sloan Kettering Cancer Center
885 2nd Avenue 8th FloorNEW YORKNY10017131924236501(C)(3)$9,270Community Support
River Fund New York Inc
8911 Lefferts BLVDJAMAICANY11418113450363501(C)(3)$9,000Community Support
Project Sunshine
211 East 43rd Street Suite 401New YorkNY10017223607512501(C)(3)$13,500Support Amateur / Youth Athletics
AHRC NYC Foundation
83 Maiden Lane 8th FloorNEW YORKNY10038133779611501(C)(3)$7,500Support Educational and Social Programs
Pajama Program
114 East 39th StreetNEW YORKNY10016020588068501(C)(3)$8,000Community Support
The Child Center of NY
118-35 Queens Boulevard Sixth FlooFOREST HILLSNY11375111733454501(C)(3)$7,500Community Support
PBSF
3914 Corte CancionTHOUSAND OAKSCA91360481294418501(C)(3)$6,500Support Amateur / Youth Athletics
FieldValueIRS element (for citing)
Total501c3 Org32Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PART I, LINE 2FormAndLineReferenceDesc
ExplanationPROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. TRUSTEES REVIEW AND APPROVE ALL GRANTS AND SIGN ALL CHECKS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1ORGANIZATION MISSION THE NEW YORK METS FOUNDATION FUNDS AND PROMOTES A VARIETY OF EDUCATIONAL, SOCIAL AND ATHLETIC PROGRAMS AND OTHER CHARITABLE CAUSES THAT BENEFIT CHILDREN AND OTHERS IN NEED. A REGISTERED 501(C)(3) CHARITY, THE METS FOUNDATION TAKES NO PORTION OF THE FUNDS RAISED TO OFFSET INTERNAL COSTS EXCEPT FOR EXPENSES DIRECTLY RELATED TO THE ORGANIZATION'S ONE FUNDRAISING EVENT AND EXPENSES DIRECTLY RELATED TO OTHER COMMUNITY SUPPORT PROGRAMS. RELATED ORGANIZATIONS PAY 100% OF THE FOUNDATION'S OVERHEAD TO ENSURE THAT THE MAJORITY OF A DONATION IS DIRECTED TOWARD HELPING OTHERS.
FORM 990, PART VI, LINE 2BUSINESS & FAMILY RELATIONSHIPS THE FOLLOWING TRUSTEES HAVE A FAMILY RELATIONSHIP: FRED WILPON, JEFFREY WILPON, AND SAUL KATZ THE FOLLOWING TRUSTEES AND OFFICERS HAVE A BUSINESS RELATIONSHIP: FRED WILPON, JEFFREY WILPON, SAUL KATZ, MARK PESKIN AND DAVID COHEN
FORM 990, PART VI, LINE 8BCOMMITTEE MEETING DOCUMENTATION LINE 8B IS NOT APPLICABLE, AS THE BOARD OF TRUSTEES DOES NOT HAVE SEPRATELY IDENTIFIED COMMITTEES.
FORM 990, PART VI, LINE 11FORM 990 REVIEW FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM UTILIZING INFORMATION PROVIDED BY MANAGEMENT. PRIOR TO FILING WITH THE IRS, RETURNS ARE REVIEWED BY MANAGEMENT AND BOTH THE SECRETARY AND TREASURER OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, LINE 19DOCUMENT AVAILABILITY THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9OTHER CHANGES IN NET ASSETS $ 144,628 RECOVERIES OF PRIOR YEAR INVESTMENT LOSSES

Schedule R IRS990ScheduleR

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
STERLING METS LP
CITI FIELDFLUSHINGNY11368112834957BASEBALLNYNA
STERLING EQUITIES ASSOCIATES LLC
111 GREAT NECK ROADGREAT NECKNY11021132749022REAL ESTATENYNA
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (true)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

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