2025-11-17T23:19:50-06:00 2024-12-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2024-01-01 133098501 WOMEN'S FORUM OF NEW YORK INC WOME 2124479107 59 EAST 54TH STREET 81 NEW YORK NY 10022 ANIK LAPOINTE TREASURER 2124479107 2025-11-17 1 1 GARRETT M HIGGINS P00543209 9143818900 2025-11-13 2024 2025-03-06 01:10:19Z SUZY E BROWN 59 EAST 54TH STREET 81 NEW YORK NY 10022 3212409 0 X N/A X 1981 NY WOMEN'S FORUM OF NEW YORK, INC. MOST SIGNIFICANT PROGRAMS ARE:1. THE SCHOLARS PROGRAM (FORMERLY REFERRED TO AS THE FELLOWS PROGRAM) WHICH PROVIDES FINANCIAL AWARDS TO WOMEN 25 AND OVER WHO HAVE DEMONSTRATED HIGH POTENTIAL, BUT WHOSE EDUCATION AND LIFE PATH HAVE BEEN DISRUPTED BY EXTREME ADVERSITY. THESE WOMEN FREQUENTLY FALL OUTSIDE THE SCOPE OF TRADITIONAL SCHOLARSHIP PROGRAMS AND OUR AWARDS HELP THEM COMPLETE THEIR EDUCATION AND GET THEIR LIVES BACK ON TRACK. OVER 30 YEARS, THE WOMEN'S FORUM OF NEW YORK HAS RAISED MONEY THROUGH MEMBER DONATIONS AND OUR ANNUAL FUNDRAISER, THE ELLY AWARDS, ENABLING US TO HELP OVER 380 WOMEN REGAIN THEIR SELF-ESTEEM, RELAUNCH THEIR LIVES AND BECOME ROLE MODELS FOR THEIR FAMILIES. 2. THE CORPORATE BOARD INITIATIVE WHICH ADVANCES WOMEN'S LEADERSHIP ON CORPORATE BOARDS THROUGH EDUCATION AND OUTREACH. 25 25 6 119 0 0 578970 820118 967151 222481 60303 277950 6139 -205187 1612563 1115362 195000 200000 0 0 596256 595591 0 0 164760 1188499 771056 1979755 1566647 -367192 -451285 3173459 1783029 970487 106167 2202972 1676862 X THE WOMEN'S FORUM OF NEW YORK IS THE CITY'S PREMIER ORGANIZATION OF WOMEN LEADERS. THE MEMBERSHIP OF MORE THAN 500 WOMEN REPRESENTS THE HIGHEST LEVELS OF ACHIEVEMENT ACROSS ALL PROFESSIONAL SECTORS FROM FINANCE TO FINE ARTS.STARTED IN 1974, THE WOMEN'S FORUM OF NEW YORK IS THE FOUNDING FLAGSHIP OF THE INTERNATIONAL WOMEN'S FORUM, A GLOBAL ORGANIZATION OF OVER 8,000 OUTSTANDING WOMEN LEADERS IN OVER 76 FORUMS AROUND THE WORLD.THE WOMEN'S FORUM OF NEW YORK IS DEDICATED TO THE ADVANCEMENT OF WOMEN'S LEADERSHIP THROUGH PROGRAMS THAT ENRICH MEMBERS' LIVES PERSONALLY AND PROFESSIONALLY; THROUGH THE EDUCATION FUND WHICH ENABLES WOMEN WHOSE POTENTIAL HAS BEEN DERAILED BY ADVERSITY TO RESUME THEIR EDUCATION, AND THROUGH THE CORPORATE BOARD INITIATIVE WHICH EXTENDS AND EXPANDS THE CONTRIBUTION OF WOMEN LEADERS THROUGH BOARD PARTICIPATION. 0 1 467368 200000 35706 SCHOLARS PROGRAM - SEE SCHEDULE O.WOMEN'S FORUM OF NEW YORK, INC. PROVIDES 20 ANNUAL FINANCIAL AWARDS, TO SUPPORT MATURE WOMEN, AGE 25 AND OVER, WHOSE LIVES HAVE BEEN DISRUPTED BY EXTREME ADVERSITY, WHO ARE RESUMING THEIR COLLEGE EDUCATION AND GETTING THEIR LIVES BACK ON TRACK. THE AWARD RECOGNIZES EXTRAORDINARY AND OFTEN HEROIC EFFORT IN OVERCOMING ADVERSITY AND THE MOST DAUNTING OF ODDS IN RESTRUCTURING LIVES FOR SUCCESS. SINCE 1987 THE RECIPIENTS OF THESE AWARDS HAVE PROVIDED INSPIRATION TO THOSE WHO HAVE COME TO KNOW AND ADMIRE THEIR SUCCESS IN RISING ABOVE THEIR CHALLENGES, OBTAINING THEIR COLLEGE DEGREES AND TAKING THEIR PLACE IN THE PROFESSIONAL WORK WORLD. NINETY PERCENT OF OUR ED FUND SCHOLARS EARN THEIR COLLEGE DIPLOMAS. MANY PURSUE GRADUATE STUDIES. OUR ALUMNAE RANGE FROM DOCTORS TO DANCERS WHO GIVE BACK TO THEIR COMMUNITIES AND WHOSE CHILDREN GO ON TO GET THEIR COLLEGE DEGREES.THE AWARDS ARE ANNOUNCED IN JUNE OR JULY OF EACH YEAR. IN 2024, THE WOMEN'S FORUM OF NEW YORK, INC. DISTRIBUTED FINANCIAL AWARDS OF $10,000 EACH. 443096 186775 MEMBERSHIP PROGRAMMING - SEE SCHEDULE O.DESCRIPTION OF MEMBER PROGRAM:MEMBERSHIP IN THE WOMEN'S FORUM OF NEW YORK IS BY INVITATION ONLY. WOMEN OF ACCOMPLISHMENT, INFLUENCE, AND IMPACT ARE NOMINATED BY A CURRENT MEMBER.CANDIDATES ARE RECOGNIZED LEADERS IN THEIR FIELDS; PROACTIVE IN THE ADVANCEMENT OF WOMEN; INVOLVED IN CIVIC, NONPROFIT, AND PROFESSIONAL ASSOCIATIONS; AND COMMITTED TO ENGAGING WITH THE FORUM. WE SEEK A DIVERSE MEMBERSHIP, REFLECTING THE BREADTH OF INDUSTRY, AGE, AND RACE/ETHNICITY OF WOMEN LEADERS IN THE NEW YORK AREA.CANDIDATES ARE FORMALLY REVIEWED BY THE MEMBERSHIP COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS BEFORE BEING INVITED TO JOIN. THE MEMBERSHIP COMMITTEE HOSTS REGULARLY SCHEDULED GATHERINGS WHERE CANDIDATES MEET EACH OTHER AND LEARN MORE ABOUT THE FORUM.FORUM PROGRAMS SHARE THE UNIQUE INSIGHTS, ACCESS, AND EXPERIENCE OF OUR MEMBERS. OUR MEMBERS REPRESENT A BROAD ARRAY OF INDUSTRIES AND PROFESSIONS ENABLING US TO TAP INTO THE MOST EXCITING HAPPENINGS, IDEAS, AND PEOPLE OF NEW YORK CITY AND THE WORLD. FORUM MEMBERS SHARE AN INTELLECTUAL CURIOSITY AND ENTHUSIASM FOR LIFE IN OUR CITY. BY LEVERAGING OUR CONNECTIONS, WE CREATE A DIVERSE MIX OF IN-DEPTH PROGRAMS THAT EDUCATE, EMPOWER, ENLIGHTEN, AND ENTERTAIN. 910464 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 54 0 6 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X SUZY E BROWN EXECUTIVE DIRECTOR 2124479107 59 EAST 54TH STREET 81 NEW YORK NY 10022 DAISEY HOLMES PRESIDENT 10.00 X X 0 0 0 FRANCES RESHESKE VICE PRESIDENT 5.00 X X 0 0 0 ANIK LAPOINTE TREASURER 5.00 X X 0 0 0 JESSICA L PORTER SECRETARY 5.00 X X 0 0 0 CAMILLE ASARO DIRECTOR 1.00 X 0 0 0 FELICE FORER AXELROD DIRECTOR 5.00 X 0 0 0 CARRIE BARRATT DIRECTOR 1.00 X 0 0 0 PAULA BENNETT DIRECTOR 1.00 X 0 0 0 JEANNE KWONG BICKFORD DIRECTOR 1.00 X 0 0 0 EMMA CLURMAN DIRECTOR 1.00 X 0 0 0 PAM CRAIG DIRECTOR 5.00 X 0 0 0 GLORIA FELDT DIRECTOR 1.00 X 0 0 0 KAROL MASON DIRECTOR 1.00 X 0 0 0 STEPHANIE MEHTA DIRECTOR 5.00 X 0 0 0 ELIZABETH NIETO DIRECTOR 1.00 X 0 0 0 DONNA PALUMBO-MIELE DIRECTOR 5.00 X 0 0 0 LOUISE PENNINGTON DIRECTOR 1.00 X 0 0 0 JOCELYNNE RAINEY DIRECTOR 5.00 X 0 0 0 XAN RASKIN DIRECTOR 1.00 X 0 0 0 SUSAN ROBINSON DIRECTOR 5.00 X 0 0 0 SAPNA SHAH DIRECTOR 5.00 X 0 0 0 ILENE WACHS DIRECTOR 1.00 X 0 0 0 MELINDA WHITE DIRECTOR 1.00 X 0 0 0 SHERRY WILLIAMS DIRECTOR 5.00 X 0 0 0 G ELAINE WOOD DIRECTOR 5.00 X 0 0 0 SUZY E BROWN EXECUTIVE DIRECTOR 20.00 X 220176 0 25917 220176 0 25917 1 0 1 0 INTERNATIONAL WOMEN'S FORUM 1155 15TH STREET NW SUITE 1000 WASHINGTON DC 20005 DUES/ANNUAL CONFERENCE SERVICES 725093 RAIOLA COMPANY INC 1201 BROADWAY SUITE 511 NEW YORK NY 10001 AUDIO VISUAL SERVICES 118974 2 450000 184441 185677 820118 MEMBERSHIP DUES 611430 186775 186775 PROGRAM EVENT FEES 900099 35706 35706 222481 68788 68788 2078221 1869059 209162 209162 209162 17010 184441 226837 -209827 -209827 2648 1151 1497 1497 REIMBURSEMENTS 900099 2643 2643 MISCELLANEOUS REVENUE 900099 500 500 3143 1115362 222481 0 72763 200000 200000 246093 184569 24610 36914 265783 115490 91438 58855 4076 2467 1408 201 43915 28255 11568 4092 35724 23294 8575 3855 50725 50725 61775 61775 750 750 125582 42313 82903 366 40827 10445 30292 90 50852 37151 10469 3232 74844 36088 36529 2227 83540 58478 19214 5848 8203 6859 862 482 86100 86100 4478 3483 632 363 CATERING AND FACILITY C 125102 34822 43545 46735 PROGRAM EXPENSES 41062 39562 1500 MISCELLANEOUS EXPENSES 8014 8014 BAD DEBT EXPENSE 5075 5075 4127 1088 3039 1566647 910464 491423 164760 346754 32148 517738 10160 131968 6075 3613 38697 20225 191990 191990 0 0 2033533 1681323 104769 29485 3173459 1783029 104004 80855 775500 25312 90983 0 970487 106167 X 2202972 1676862 2202972 1676862 3173459 1783029 -451285 -74825 0 X X 0 1 X 1 0 X 972072 1343450 424150 578970 820118 4138760 972072 1343450 424150 578970 820118 4138760 609452 3529308 27206 30772 33467 62530 68788 222763 6139 6139 3143 3143 4370805 1244480 0.80750 0.80400 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REIMBURSEMENTS - 2024 AMOUNT: $ 2,643. MISCELLANEOUS REVENUE - 2024 AMOUNT: $ 500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 57548 57548 0 134442 134442 0 0 X 1051688 -74825 10000 1151 -63674 1115362 0 1115362 1577798 10000 1151 11151 1566647 0 1566647 PART X, LINE 2: THE WOMEN'S FORUM OF NEW YORK RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE WOMEN'S FORUM OF NEW YORK HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE WOMEN'S FORUM OF NEW YORK IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE 1,151. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD NETTED AGAINST REVENUE 1,151. ELLY AWARDS 201451 184441 17010 75981 112649 38207 201451 184441 17010 75981 112649 38207 226837 -209827 1 EDUCATIONAL AWARDS 20 200000 PART I, LINE 2: ON AN ANNUAL BASIS THE WOMEN'S FORUM OF NEW YORK, INC. GRANTS EDUCATIONAL AWARDS ($10,000 EACH) TO A SELECT NUMBER OF WOMEN WHO HAVE APPLIED FOR THE AWARD AND MEET THE CRITERIA. THERE IS A FORMAL APPLICATION THAT MUST BE FILLED OUT AND THERE IS AN AWARDS COMMITTEE THAT MAKES THE FINAL DETERMINATION AS TO WHO WILL RECEIVE THE $10,000 AWARD. THE AWARDS ARE ANNOUNCED IN JUNE OR JULY AND THE FIRST OF TWO INSTALLMENTS IS USUALLY PAID IN EARLY JUNE OR JULY OF THE SAME YEAR. THE SECOND INSTALLMENT IS USUALLY MADE AFTER COMPLETION OF THE COURSES COVERED BY THE FIRST INSTALLMENT AND PAID IN JANUARY OF THE YEAR FOLLOWING THE AWARD ANNOUNCEMENT. THIS YEAR THE 1ST INSTALLMENT WAS PAID IN JUNE 2024. 1 X X 0 0 0 0 0 0 0 0 0 SUZY E BROWN EXECUTIVE DIRECTOR 220176 0 0 0 0 0 6868 0 19049 0 246093 0 0 0 FORM 990, PART I, LINE 1 WOMEN'S FORUM OF NEW YORK, INC. MOST SIGNIFICANT PROGRAMS ARE: 1. THE SCHOLARS PROGRAM (FORMERLY THE FELLOWS PROGRAM) PROVIDES FINANCIAL AWARDS TO WOMEN 35 AND OVER WHO HAVE DEMONSTRATED HIGH POTENTIAL, BUT WHOSE EDUCATION AND LIFE PATH HAVE BEEN DISRUPTED BY EXTREME ADVERSITY. THESE AWARDS HELP THEM COMPLETE THEIR EDUCATION AND GET THEIR LIVES BACK ON TRACK. SINCE 1987, THE WOMEN'S FORUM OF NEW YORK HAS RAISED MONEY THROUGH MEMBER DONATIONS AND OUR ANNUAL FUNDRAISER, THE ELLY AWARDS, ENABLING US TO HELP 335 WOMEN REGAIN THEIR SELF-ESTEEM, RELAUNCH THEIR LIVES, AND BECOME ROLE MODELS FOR THEIR FAMILIES. 2. THE CORPORATE BOARD INITIATIVE ADVANCES WOMEN'S LEADERSHIP ON CORPORATE BOARDS THROUGH EDUCATION AND OUTREACH; BY HOSTING A BIENNIAL EVENT: THE BREAKFAST OF CORPORATE CHAMPIONS, AND BY OFFERING ACCESS TO A CEO-SPONSORED DATABASE. 3. PROGRAMS ARE OFFERED THROUGHOUT THE YEAR TO PROVIDE MEMBERS (AND GUESTS) WITH UNIQUE EXPERIENCES THAT ENRICH THEIR LIVES PERSONALLY AND PROFESSIONALLY. FORM 990, PART III, LINE 3 THE ORGANIZATION CEASED CONDUCTING ITS CORPORATE BOARD INITIATIVE PROGRAM. FORM 990, PART VI, SECTION B, LINE 11B WOMEN'S FORUM OF NEW YORK, INC. 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 THE WOMEN'S FORUM OF NEW YORK, INC. BOARD TREASURER AND THE EXECUTIVE DIRECTOR OF THE WOMEN'S FORUM OF NEW YORK, INC. WITH THE OUTSIDE ACCOUNTING FIRM. ONCE IT IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE (IRS), THE FORM 990 IS ELECTRONICALLY SENT TO THE BOARD MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C WOMEN'S FORUM OF NEW YORK, INC. HAS A CONFLICT OF INTEREST POLICY. A CONFLICT OF INTEREST STATEMENT IS COMPLETED ANNUALLY BY DIRECTORS AND OFFICERS. WOMEN'S FORUM OF NEW YORK, INC. IS AWARE THAT ACQUIRING GOODS OR SERVICES FROM, OR ENGAGING IN TRANSACTIONS WITH, ITS OFFICERS, DIRECTORS, MEMBERS OF THEIR FAMILIES OR ENTITIES IN WHICH THEY HAVE A FINANCIAL INTEREST OR WITH WHICH THEY ARE AFFILIATED (SUCH PERSONS AND ENTITIES ARE REFERRED TO COLLECTIVELY AS "INTERESTED PARTIES") MAY CREATE AN APPEARANCE OF IMPROPRIETY. IN ORDER TO PROTECT THE WOMEN'S FORUM OF NEW YORK, INC. ANY IMPROPER APPEARANCE, THE WOMEN'S FORUM OF NEW YORK, INC. WILL RESTRICT ITS BUSINESS DEALINGS WITH INTERESTED PARTIES AS FOLLOWS: (A) WOMEN'S FORUM OF NEW YORK, INC. MAY ACQUIRE GOODS OR SERVICES FROM, OR OTHERWISE TRANSACT BUSINESS WITH, AN INTERESTED PARTY IF THE BOARD DETERMINES IN ITS JUDGMENT THAT THE GOODS OR SERVICES PROVIDED TO THE WOMEN'S FORUM OF NEW YORK, INC. ARE, OR THE TRANSACTION IS, ON TERMS NO LESS ADVANTAGEOUS TO THE WOMEN'S FORUM OF NEW YORK, INC. THAN THE TERMS THAT ARE AVAILABLE TO THE WOMEN'S FORUM OF NEW YORK, INC. FROM THIRD PARTIES. IF AN INTERESTED PARTY OFFERS TERMS WHICH ARE AS ADVANTAGEOUS TO THE WOMEN'S FORUM OF NEW YORK, INC. AS TERMS OFFERED BY ANOTHER VENDOR, THE WOMEN'S FORUM OF NEW YORK, INC. MAY, BUT SHALL NOT BE REQUIRED TO, CONSIDER OTHER BENEFITS DERIVED BY IT FROM THE INTERESTED PARTY (E.G. PAST OR ANTICIPATED SERVICES RENDERED OR FINANCIAL SUPPORT) IN SELECTING BETWEEN OTHERWISE EQUALLY DESIRABLE VENDORS. (B) WHENEVER THE WOMEN'S FORUM OF NEW YORK, INC. IS CONSIDERING ACQUIRING GOODS OR SERVICES FROM, OR ENTERING INTO A TRANSACTION WITH, AN INTERESTED PARTY, THE DETAILS THAT CREATE THE INTERESTED PARTY RELATIONSHIP SHALL BE DISCLOSED TO THE WOMEN'S FORUM OF NEW YORK, INC. IN WRITING. A COPY OF THE DISCLOSURE SHALL BE SUPPLIED TO THE BOARD. (C) THE WOMEN'S FORUM OF NEW YORK, INC. SHALL ENTER INTO A TRANSACTION WITH AN INTERESTED PARTY ) AN "INTERESTED PARTY TRANSACTION") ONLY IF THE BOARD IS MADE AWARE OF THE INFORMATION REFERRED TO IN SECTION 1 (B) OF THIS POLICY AND THE MAJORITY OF THE DIRECTORS THEN SERVING APPROVE THE TRANSACTION AS BEING FAIR AND IN THE BEST INTERESTS OF THE WOMEN'S FORUM OF NEW YORK, INC. FOR PURPOSES OF THE PRECEDING SENTENCE, ANY DIRECTOR WHO IS (OR HAS AN INTEREST IN OR IS RELATED TO) THE INTERESTED PARTY THAT IS A PARTY TO A PROPOSED TRANSACTION SHALL NOT BE CONSIDERED A DIRECTOR (INCLUDING, WITHOUT LIMITATION, FOR THE PURPOSE OF DETERMINING A QUORUM), SHALL NOT PARTICIPATE IN THE VOTE ON THE TRANSACTION, AND SHALL NOT ATTEND ANY MEETING WHILE THE APPROVAL OF THE TRANSACTION IS CONSIDERED. NOT WITHSTANDING THE FOREGOING, HOWEVER, PRIOR APPROVAL OF THE BOARD OF DIRECTORS SHALL NOT BE REQUIRED IF THE TRANSACTION FALLS BELOW A DE MINIMIS THRESHOLD ESTABLISHED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 IN 2023, THE EXECUTIVE DIRECTOR RECEIVED A COLA ADJUSTMENT OF 5%. A COMPARATIVE SALARY REVIEW WAS CONDUCTED USING 2 RESOURCES: NONPROFIT NEW YORK AND CANDID NONPROFIT COMPENSATION REPORT. NO SALARY INCREASE OR COLA ADJUSTMENT WAS RECOMMENDED FOR THE EXECUTIVE DIRECTOR IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, FORM 990, FORM 1023, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS DELEGATED RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS TO A BOARD APPOINTED AUDIT COMMITTEE. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.