2018-04-26T13:35:38-05:00 2017-12-31 113518842 Marks Paneth LLP 30 Oak Street Stamford CT 06905 990 2017-01-01 311776375 Founders Hall Foundation Inc FOUN 2034317000 193 Danbury Road Ridgefield CT 06877 John Couri President 2034317000 2018-04-26 1 Scott M Brenner P01247233 2039758830 2017 2022-09-23 18:48:47Z John Couri 193 Danbury Road Ridgefield CT 06877 1001767 0 X www.founders-hall.org X 2001 DE Founders Hall is dedicated to providing a diverse program of social, educational and physical fitness programs for today's active seniors in a warm, fun and stimulating atmosphere. 9 9 51 319 10600 7769 492343 592826 331720 304888 10667 13128 88674 69307 923404 980149 0 0 0 0 585398 583148 0 0 99211 371351 381661 956749 964809 -33345 15340 2939123 2947405 66994 64922 2872129 2882483 X Founders Hall is dedicated to providing a diverse program of social, educational and physical fitness programs for today's active seniors in a warm, fun and stimulating atmosphere. 0 0 295377 149858 Semester Programs: Our diverse and dynamic programming offers opportunities for life-long learning. In 2017, more than 3600 people were inspired by classes in art, computers, current events, genealogy, history, investments, literature, languages, music, writing and more. Over 80 Founders Hall instructors taught senior learners; and, those learners brought lifetimes of wisdom to the discussion, enriching the experience for all. What's more, through more than 25 seminars and speakers, members learned about topics ranging from the history of recorded sound to American Civil War, music to the memories of Broadway theatre cast, travelogues to estate planning. Members expressed their creativity through our band and choruses, drawing, portraiture, watercolors, oil painting, weaving, quilting, sewing, knitting, crocheting, rug hooking and wood carving. 265415 101171 Fitness Program Our members know that if they're going to keep learning, they have to keep moving. So during 2017, members took all kinds of fitness classes here, from simple stretching to hard-core strengthening, as well as aerobics, basketball clinics, pickleball, yoga, dancing and more. 229613 53859 Social Events and Trips: At Founders Hall, lifelong residents and those new to town all discover a supportive community that understands the opportunities and challenges of life after 60. In 2017, whether they came for cup of coffee, parties, cards, handcrafts or games, members reconnected with old acquaintances, made new friends and stayed engaged with the world.In addition to theatre and casino trips, groups enjoyed the seasons through eagle watching, summer at the New York Botanic Garden, and leaf peeping on the Connecticut River. They reveled in collections at the Guggenheim, OPUS 40, the New Britain Museum of Art and the Wadsworth Atheneum. 790405 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 51 1 1 1 0 0 0 0 0 X 9 9 1 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CT DE X X Founders Hall Foundation Inc 2034317000 193 Danbury Road Ridgefield CT 06877 John Couri President 10.00 X X 0 0 0 Steven F Goldstone Chairman of the Board 10.00 X X 0 0 0 Elaine Couri Secretary 1.00 X X 0 0 0 Elizabeth Goldstone Treasurer 10.00 X X 0 0 0 Lori Berisford Director 1.00 X 0 0 0 Jennifer Kubick Director 1.00 X 0 0 0 Rudy Marconi Director 1.00 X 0 0 0 Kent Rohrer Director 1.00 X 0 0 0 Rudy Ruggles Jr Director 1.00 X 0 0 0 Grace Weber Executive Director 40.00 X 94192 0 10637 94192 0 10637 0 0 0 0 0 592826 592826 Semester program 900099 149858 149858 Fitness programs 900099 101171 101171 Social events 900099 53859 53859 304888 13128 13128 80325 21618 58707 58707 Advertising income 541800 10600 10600 10600 980149 304888 10600 71835 104828 81347 9644 13837 422863 328142 38903 55818 11368 7875 1031 2462 44089 29660 3983 10446 11839 11839 1831 1831 26981 24036 1348 1597 93526 91655 936 935 89905 88107 899 899 17519 13314 3329 876 Group trips 43201 43201 Program expenses & inst 41740 41740 Printing & publications 36091 32234 3857 Postage & shipping 8224 5510 2714 10804 3584 3281 3939 964809 790405 75193 99211 113260 90938 2724 4014 10830 7855 3317300 1392252 2001261 1925048 810848 919350 200 200 2939123 2947405 13351 8838 53643 56084 66994 64922 X 2841339 2867026 30790 15457 2872129 2882483 2939123 2947405 15340 -4986 0 X X 0 1 X 1 0 X 497724 488811 522501 492343 592826 2594205 222333 253602 300812 331720 304888 1413355 720057 742413 823313 824063 897714 4007560 138000 108660 139000 98300 116060 600020 42674 28186 19802 23946 49525 164133 180674 136846 158802 122246 165585 764153 3243407 6104 6297 8400 10667 13128 44596 5450 10600 16050 6104 6297 8400 16117 23728 60646 83224 58707 141931 726161 748710 831713 923404 980149 4210137 0.77040 0.77210 0.01440 0.01100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2949426 1055615 1893811 367874 336637 31237 1925048 Investments - Bonds 724199 F Investments - CDs 195151 F 919350 X 975163 -4986 -4986 980149 0 980149 964809 0 964809 0 964809 Part X, Line 2: The Foundation evaluates all significant tax positions as required by accounting principles generally accepted in the USA. As of December 31, 2017, the Foundation does not believe that it has taken any positions that would require the recording of any additional tax liability nor does it believe that there are any unrealized tax benefits that would either increase or decrease within the next year. The Foundation is no longer subject to audits by the applicable taxing authorities for the period prior to 2014. Battle of the Chefs 57566 57566 17536 Wine, Cheese, Accessories 14746 14746 4026 1 8013 8013 56 80325 80325 21618 21618 58707 Form 990, Part VI, Section A, line 2 Steven and Elizabeth Goldstone are husband and wife, as are John and Elaine Couri. Form 990, Part VI, Section A, line 4 By-Law Revisions: 1. Board may have up to 12 members 2. Ridgefield Board of Selectmen may appoint at least one member to the Founders Hall Board 3. Board members will serve three-year terms with no more than 3 consecutive terms 4. A quorum is a majority of members then in office 5. There will be four officers: Chair, President, Secretary, Treasurer Form 990, Part VI, Section B, line 11b A complete copy of the Form 990 is made available to all members of the governing body before filing the form. Form 990, Part VI, Section B, line 12c There is an annual review to confirm that there are no conflicts of interest within the Board of Directors that would result in the affected person being dismissed from the Board. Form 990, Part VI, Section B, line 15 The Board of Directors annually reviews compensation for its top management for reasonableness based on compensation paid to equivalent positions in comparable areas. Data is obtained from independent expert sources and/or industry surveys. Form 990, Part VI, Section C, line 18 The form 990 is available on Guidestar.org and upon request. Form 990, Part VI, Section C, line 19 The financial statements can be found on Guidestar.org. Additionally the financial statements are available on the organization's website and on file in the organization's office and can be read there by interested parties. Form 990, Part XII, Line 2c: The organization has not changed its method from prior years.