2018-04-26T16:36:30-05:00 2017-06-30 BDO USA LLP 100 PARK AVENUE NEW YORK NY 100175001 990 2016-07-01 131624123 NEW YORK FOUNDLING HOSPITAL % MICHAEL KURTZ NEWY 2128864060 590 AVENUE OF THE AMERICAS NEW YORK NY 10011 MICHAEL KURTZ CFO 2128864060 2018-04-25 true Paul Hammerschmidt P01384178 2128858000 24.98.81.75 26308920181165000036 2018-04-26 P EE057800E4A178E9AC3AFE9F4334FD4004F4CA47 48C336AAB7D1DE8463E223BE15B361E384766368 2016 2021-01-29 14:40:06Z WILLIAM BACCAGLINI 590 AVENUE OF THE AMERICAS NEW YORK NY 100112019 142653520 false 0928 X WWW.NYFOUNDLING.ORG X 1869 NY THE ORGANIZATION HELPS CHILDREN, YOUTH AND ADULTS IN NEED THROUGH ADVOCACY AND THROUGH PREVENTIVE AND IN-CARE SERVICES THAT HELP EACH INDIVIDUAL REACH HIS OR HER POTENTIAL. 26 26 2272 277 0 111803783 118354732 12353838 14807124 1728098 3473748 4805652 4401433 130691371 141037037 0 0 0 0 83630058 86158109 0 0 454653 49694130 50271548 133324188 136429657 -2632817 4607380 132479419 136839964 56348763 55487331 76130656 81352633 X IN 1869, THREE SISTERS OF CHARITY OPENED THEIR DOORS TO SAVE THE LIVES OF BABIES BEING ABANDONED ON THE STREETS OF NEW YORK, BEGINNING THE TREMENDOUS LEGACY OF THE NEW YORK FOUNDLING. OVER THE PAST 148 YEARS, THE FOUNDLING HAS EVOLVED FROM A RESPITE HOME FOR ABANDONED CHILDREN TO A COMPREHENSIVE SPECTRUM OF COMMUNITY SERVICES IN SUPPORT OF OUR MISSION: TO EMPOWER CHILDREN, YOUTH, ADULTS, AND FAMILIES TO LIVE HEALTHY, INDEPENDENT, AND FULFILLING LIVES. OUR VISION IS A COMMUNITY WHERE EVERY PERSON, REGARDLESS OF BACKGROUND AND CIRCUMSTANCE, ENJOYS THE SAFE, STABLE, AND SUPPORTIVE RELATIONSHIPS NEEDED TO REACH HIS OR HER FULL POTENTIAL. THE FOUNDLING DIRECTLY SERVES OVER 30,000 PEOPLE IN ALL FIVE BOROUGHS OF NEW YORK CITY, ROCKLAND AND WESTCHESTER COUNTIES, AND PUERTO RICO. OUR PROGRAMS RESPOND TO A WIDE VARIETY OF NEEDS, AND SUPPORT CHILDREN AND FAMILIES WHO STRUGGLE WITH OR ARE AT RISK OF ABUSE, NEGLECT, DISABILITY, AND OTHER OBSTACLES TO A HEALTHY, SUCCESSFUL FUTURE. AS PART OF OUR COM false false 37355560 0 3062144 PERSONS WITH DEVELOPMENTAL DISABILITIES SERVICES - TO BEST SERVE OUR ADULT DEVELOPMENTALLY DISABLED POPULATION, THE FOUNDLING MAINLY OPERATES INDIVIDUAL RESIDENTIAL ALTERNATIVE PROGRAMS (IRA) AND GROUP DAY HABILITATION SERVICES. IRA PROGRAM SERVE 234 CLIENTS CAPABLE OF LIVING IN A MORE INDIVIDUALIZED FAMILY SETTING. THESE PARTICIPANTS RECEIVE ONGOING SERVICES THAT HELP THEM WITH THEIR BEHAVIORS AND SELF-ADVOCACY SKILLS TO MAXIMIZE THEIR LEVEL OF INDEPENDENCE. GROUP DAY HABILITATION SERVICES SERVE 46 CLIENTS AND ASSIST THEM TO ACQUIRE, RETAIN OR IMPROVE THEIR SELF-HELP, SOCIALIZATION AND ADAPTIVE SKILLS, INCLUDING COMMUNICATION, TRAVEL AND OTHER AREAS IN ADULT EDUCATION. 24450974 0 0 FOSTER FAMILY BOARDING AND ADOPTION - THE FOUNDLING HOUSES MORE THAN 750 CHILDREN THROUGHOUT THE FIVE BOROUGHS OF NEW YORK CITY IN INDIVIDUAL AND SPECIALIZED FOSTER BOARDING HOMES. MEDICAL AND DENTAL SERVICES ARE PROVIDED TO ALL CHILDREN IN OUR FOSTER CARE. EACH HOME IS STUDIED AND MONITORED EXTENSIVELY TO ENSURE A SAFE PLACEMENT FOR THE CHILDREN. CASE PLANNERS WORK, EMPLOYED BY THE FOUNDLING, TO ADVANCE THE CHILD'S PERMANENCY PLAN, WHETHER THAT INVOLVES ADOPTION OR SAFE REUNIFICATION WITH BIRTH PARENTS. 22268298 0 0 PREVENTIVE SERVICES - PREVENTIVE PROGRAMS USE A VARIETY OF EVIDENCE BASED THERAPEUTIC INTERVENTIONS THAT PROVIDE INTENSIVE THERAPY TO THE ENTIRE FAMILY WITH A GOAL OF AVOIDING CHILDREN BEING PLACED IN CUSTODY OF ACS. THE SPECIFIC THERAPIES ARE DESIGNED TO ADDRESS PROBLEMS THAT BROUGHT THE FAMILY TO THE ATTENTION OF CHILD PROTECTIVE SERVICES AND MEDIATE IMPORTANT RISK AND SAFETY FACTORS. THE MAJOR GOALS OF ALL PREVENTIVE PROGRAMS IS EFFECTIVE INTERVENTION TO KEEP FAMILIES TOGETHER, ASSURE THAT CHILDREN ARE SAFE, PREVENT ABUSE AND NEGLECT, AND REDUCE MENTAL HEALTH DIFFICULTIES EXPERIENCED BY ADULTS AND CHILDREN, AND INCREASE NATURAL SOCIAL SUPPORTS. 35552086 0 16146413 119626918 true true false true false false false false true true true true false false true true true false false false false false false false true false false false false true true false false false false false false false false false false true false false false false true false false false true 127 0 true 2272 true false false false false false false false false false false X 26 26 false false false false true true true true true false false true true true true true true true true false X X MICHAEL KURTZ 2128864060 590 AVENUE OF THE AMERICAS NEW YORK NY 100112019 X ROBERT E KING JR CHAIRPERSON 2.0 2.0 X X 0 0 0 SR JANE IANNUCELLI SC VICE-CHAIRPERSON 2.0 0.0 X X 0 0 0 DAVID MULLANE TREASURER 2.0 1.0 X X 0 0 0 SR CAROL BARNES SC SECRETARY 10.0 10.0 X X 0 0 0 JOHN H BANKS TRUSTEE 1.0 0.0 X 0 0 0 JORGE L BATISTA ESQ TRUSTEE 1.0 0.0 X 0 0 0 GREG BATTLE FROM 716 TRUSTEE 1.0 0.0 X 0 0 0 ERIK BECK FROM 716 TRUSTEE 1.0 0.0 X 0 0 0 CHARLES R BORROK TRUSTEE 1.0 0.0 X 0 0 0 FRANK BRUNCKHORST TRUSTEE 1.0 0.0 X 0 0 0 JAMES BRUNE TRUSTEE 1.0 0.0 X 0 0 0 REBEKAH DOPP TRUSTEE 1.0 0.0 X 0 0 0 BETHLAM FORSA FROM 716 TRUSTEE 1.0 0.0 X 0 0 0 ANTHONY GALLO FROM 716 TRUSTEE 1.0 0.0 X 0 0 0 SR VIVIENNE JOYCE SC TRUSTEE 1.0 0.0 X 0 0 0 PAT KIERNAN FROM 716 TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL LABRANCHE TRUSTEE 1.0 0.0 X 0 0 0 PATRICIA A MULVANEY TRUSTEE 1.0 0.0 X 0 0 0 STEVEN J MUSUMECI TRUSTEE 1.0 0.0 X 0 0 0 DANIEL ONEGLIA TRUSTEE 1.0 0.0 X 0 0 0 LINDA O'NEIL TRUSTEE 1.0 0.0 X 0 0 0 SR CHARLOTTE RAFTERY SCLCSW TRUSTEE 1.0 0.0 X 0 0 0 JESUS ROSARIO REYES TRUSTEE 1.0 0.0 X 0 0 0 ANDREW S ROFFE TRUSTEE 1.0 1.0 X 0 0 0 COLLEEN TOMPKINS TRUSTEE 1.0 0.0 X 0 0 0 KATHLEEN L WERNER TRUSTEE 1.0 0.0 X 0 0 0 WILLIAM BACCAGLINI CEO & PRESIDENT 35.0 3.0 X 503009 0 103955 MICHAEL KURTZ CFO & VP 35.0 3.0 X 240954 0 18898 BETHANY LAMPLAND SR VP & COO 35.0 0.0 X 256636 0 16713 CARMEN JIRAU RIVERA EXECUTIVE VP & CPO 35.0 0.0 X 253640 0 55731 JOSEPH SACCOCCIO SR. VP - MEDICAL PROGRAMS 35.0 0.0 X 259144 0 46769 ROSLYN MUROV SENIOR VICE-PRESIDENT 35.0 0.0 X 229206 0 16788 SYLVIA ROWLANDS SENIOR VICE-PRESIDENT 35.0 0.0 X 228338 0 44359 JILL GENTILE SR. VP DEVELOPMENTAL DISAB. 35.0 0.0 X 212021 0 9605 AMITAV SEN PSYCHIATRIST 28.0 0.0 X 198900 0 8147 DEANA TIETJEN FAMILY LAW COUNSEL 35.0 0.0 X 170563 0 27271 MEL SCHNEIDERMAN SENIOR VICE PRESIDENT 32.0 0.0 X 158726 0 24219 ANNA DONNELLY PEDIATRICIAN 35.0 0.0 X 158411 0 31073 LAUREN COOPER FAMILY LAW COUNSEL 35.0 0.0 X 149869 0 15330 3019417 0 418858 38 false true false CARRICKMORE PG 200 CORPORATE DRIVE SUITE 6 BLAUVELT NY 10913 CONSTRUCTION 2236403 UG2 PO BOX 5972 SPRINGFIELD MA 01101 FACILITY MAINTENANCE 2175326 MST SERVICES PO BOX 603489 CHARLOTTE NC 28260 CONSULTING 849897 MG SECURITY 133 WEST 25TH STREET SUITE 8W NEW YORK NY 10001 SECURITY 816121 FFT LLC 1251 NW ELFORD DRIVE SEATTLE WA 98177 CONSULTING 431331 16 545533 5000000 107177932 5631267 535186 118354732 MEDICAID 623990 11744980 11744980 CLIENT SSI 623990 3062144 3062144 14807124 1171722 1171722 0 0 0 0 0 2206694 1594280 720641 778307 1486053 815973 2302026 2302026 117535 545533 117535 0 0 0 0 0 0 SEATON DAY CARE 900099 1144060 1144060 SUB-LEASE RENT INC. FROM CHARTER SCHOOL 900099 821423 821423 OTHER PROGRAM REVENUE 900099 2435950 2435950 4401433 141037037 19208557 3473748 0 0 0 0 2473525 1020966 1452559 0 65610822 60464235 4826470 320117 1840171 1834221 5950 11104657 10467902 604781 31974 5128934 4804465 309741 14728 0 466894 306324 160570 281695 184817 96878 36295 36295 0 0 3974984 2591419 1377405 6160 0 3617158 2981377 626340 9441 0 0 7973809 7531069 442740 2089188 1518035 569264 1889 0 0 1127379 513854 599609 13916 0 4081822 2777937 1278850 25035 1122456 520732 601724 BOARD HOME/CLOTHING PASSTHRU 8592408 8592408 PURCHASED SERVICES 6970000 4782261 2187739 EQUIPMENT REPAIR/MAINTENANCE 2952501 2584373 363293 4835 ADMINISTRATIVE EXPENSES 2566162 1778705 769954 17503 4418797 4335523 80169 3105 136429657 119626918 16348086 454653 6872537 4575846 2310021 4188037 0 95000 13968629 15222662 0 0 0 0 0 0 109922 118726 821213 741477 93301319 40053528 51026600 53247791 16930960 18176311 37761885 38811578 0 0 0 0 2677652 1662536 132479419 136839964 14485207 16774511 0 0 6697352 7074966 10020512 9260891 322296 347955 0 0 24225839 21323820 0 0 597557 705188 56348763 55487331 X 64431504 69301014 7739611 8091078 3959541 3960541 76130656 81352633 132479419 136839964 X 4607380 500873 113724 X false true X true true true X 15452276 98638620 108715210 111803783 118354732 452964621 0 0 15452276 98638620 108715210 111803783 118354732 452964621 0 452964621 528314 542921 997671 1474481 1171722 4715109 0 -284038 0 539138 453159 0 708259 458387989 168535052 0.98817 0.98790 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 36295 false false 36295 false false PART II-B, LINE 1G: Hinman Straub: Legislative and Regulatory activities as it impacts New York Foundling Hospital operations and reimbursement rates. false true X 4163953 1000 80343 80343 204412 3960541 3885753 73788 204412 4163953 1704961 2180792 396857 396857 3885753 1704961 152935 152935 1704961 1694961 10000 215725 215725 1704961 1.00000 false false 196184 196184 64399413 27405112 36994301 21329728 12648416 8681312 7375994 7375994 53247791 A/R - WINTON FUTURES LIQUIDAT. 3855899 F WHITEBOX HEDGED HIGH YIELD LTD 2688550 F ROYALTY PHARMA, LP *** - RPI 9140794 F ROYALTY PHARMA - CAYMAN 168568 F BIO PHARMA CREDIT PRC. 1056860 F CELTIC PHARMACEUTICALS, LP 96111 F SOUTH LASALLE 4343062 F QIM GLOBAL FUND, LTD. 1678085 F SRB OPCO II 590797 F BIO PHARMA SEC. DEBT II 147527 F BIO PHARMA SEC. DEBT III 8407 F BIO PHARMA SEC. DEBT IV 525704 F WI HARPER FUND VII LP 1143949 F GLAZER 2843271 F NH PROPHECY TRADING ADVISORS 3878397 F DISCIPLINED ALPHA OFFSHORE FD 2684091 F HIGHVIEW FINANCING HOLDING CO 1320137 F WH HARPER FUND VIII LP 792322 F ADC - THERAPHY LIQUIDATION 502326 F BLUE DIAMOND 906694 F INNOVATION 440027 F 38811578 0 DEFERRED COMPENSATION 624328 BOND ISSUANCE COSTS 80860 705188 X 144363914 500873 2826004 3326877 141037037 141037037 139255661 2826004 2826004 136429657 136429657 PART IV, LINE 2B: CONSUMER FUNDS CONSIST OF CASH DEPOSITS HELD ON BEHALF OF RESIDENTS OF THE ORGANIZATION'S OPWDD PROGRAM FOR THE RESIDENTS' PERSONAL USE. FUNDS ARE MANAGED IN ACCORDANCE WITH OPWDD REGULATIONS AND NEW YORK STATE SOCIAL SERVICES LAW. PART V, LINE 4: INVESTMENT EARNINGS FROM PERMANENT FUNDS ARE USED FOR GENERAL OPERATING EXPENSES. PART X, LINE 2: New York Foundling Hospital is exempt from Federal income tax and private foundation excise tax pursuant to a group exemption issued to the Roman Catholic Church in the United States. In addition, the organization has not taken an unsubstantiated tax position that would require provision of a liability under ASC 740, "Income Taxes". Under ASC 740, an organization must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more likely than not that the position will not be sustained. The organization does not believe there are any material uncertain tax positions and, accordingly, have not recognized any liability for unrecognized tax benefits. The organization has filed Internal Revenue Service ("IRS") Form 990, as required, and all other applicable returns in jurisdictions when it is required. For the year ended June 30, 2017, there was no interest or penalties recorded or included in the financial statements. FALL FETE 546360 454969 91391 31444 45489 14458 BLUE PARTY 116708 90564 26144 19920 3840 2384 0 663068 545533 117535 51364 45489 3840 16842 117535 X X X false true false false false false false true false WILLIAM BACCAGLINI CEO & PRESIDENT 428271 0 50000 0 24738 0 98689 0 5266 0 606964 0 0 0 MICHAEL KURTZ CFO & VP 239922 0 0 0 1032 0 9796 0 9102 0 259852 0 0 0 BETHANY LAMPLAND SR VP & COO 256420 0 0 0 216 0 12966 0 3747 0 273349 0 0 0 CARMEN JIRAU RIVERA EXECUTIVE VP & CPO 250592 0 0 0 3048 0 54544 0 1187 0 309371 0 0 0 JOSEPH SACCOCCIO SR. VP - MEDICAL PROGRAMS 257560 0 0 0 1584 0 39090 0 7679 0 305913 0 0 0 ROSLYN MUROV SENIOR VICE-PRESIDENT 226158 0 0 0 3048 0 9185 0 7603 0 245994 0 0 0 SYLVIA ROWLANDS SENIOR VICE-PRESIDENT 227306 0 0 0 1032 0 30625 0 13734 0 272697 0 0 0 JILL GENTILE SR. VP DEVELOPMENTAL DISAB. 210987 0 0 0 1034 0 8531 0 1074 0 221626 0 0 0 AMITAV SEN PSYCHIATRIST 198900 0 0 0 0 0 6538 0 1609 0 207047 0 0 0 DEANA TIETJEN FAMILY LAW COUNSEL 170563 0 0 0 0 0 7075 0 20196 0 197834 0 0 0 MEL SCHNEIDERMAN SENIOR VICE PRESIDENT 155678 0 0 0 3048 0 9688 0 14531 0 182945 0 0 0 ANNA DONNELLY PEDIATRICIAN 158411 0 0 0 0 0 10015 0 21058 0 189484 0 0 0 LAUREN COOPER FAMILY LAW COUNSEL 149869 0 0 0 0 0 6191 0 9139 0 165199 0 0 0 PART I, LINE 4B: WILLIAM BACCAGLINI, CEO, IS A PARTICIPANT IN A SECTION 457(F) PLAN AND EARNED $50,000 DURING THE REPORTING PERIOD WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN (C). PART I, LINE 7: The amount of the incentive compensation is determined solely by the Executive Committee of Foundling's Board of Trustees based, in part, on evidence of extraordinary performance by Mr. Baccaglini toward his progress in developing and implementing all aspects of Foundling's business plans and strategic plans, as well as his efforts in guiding the agency toward attainment of Foundling's operational goals. Mr. Baccaglini is eligible to receive, incentive compensation not to exceed $50,000 per year. The incentive compensation he received in 2016 is reported on Schedule J, Part II, Column B(ii). A DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 649903E98 2008-06-17 54630821 FACILITY CONSTRUCTION & RENOVATION false false true B Rockland County Economic Assistance Corp (RCEAC) 274524167 2012-06-27 5000000 REFINANCING false false true A 0 0 54630821 1581673 0 0 1052628 0 0 51996520 0 0 false false true true B 0 0 5000000 0 0 0 100000 0 0 4572540 0 327460 false false true true A false false false false 0 false false false true B false false false false 0 false false false true A false false true false false false 0 false 0 false true B false true false false false false 0 false 0 false true A true B true X 7 535186 MARKET QUOTATION false true false PART I, LINE 31: NEW YORK FOUNDLING HOSPITAL SHALL SEEK THE ADVICE OF LEGAL COUNSEL ON MATTERS RELATING TO RECEIPT OF NON-STANDARD CONTRIBUTIONS. FORM 990, PART III, LINE 4D: 1) PUERTO RICO HEAD START & EARLY HEAD START PROGRAMS - THE FOUNDLING'S SERVICES IN PUERTO RICO SERVE 934 CHILDREN, INFANTS, TODDLERS, AND PREGNANT WOMEN AT 27 SITES IN 4 LOW-INCOME MUNICIPALITIES ACROSS THE ISLAND. THE GOAL OF THE PROGRAM IS TO INCREASE THE SOCIAL AND EDUCATIONAL COMPETENCE OF YOUNG CHILDREN AND LOW INCOME FAMILIES IN THE MOST IMPOVERISHED COMMUNITIES, STRENGTHENING AND SAFEGUARDING THEIR FAMILIES IN THE PROCESS. TOTAL EXPENSES: $11,204,915. 2) MEDICAID - SUPPORT OUR FOSTER CARE PROGRAMS. MAINTAIN CLINICS AT THE ADMINISTRATIVE OFFICE IN EACH BOROUGH. OUR STAFF OF HEALTHCARE PROFESSIONALS PROVIDE ROUTINE AND ON-GOING HEALTH MAINTENANCE AND MANAGEMENT OF ACUTE AND CHRONIC ILLNESSES, INTENSIVE MEDICAL CASE MANAGEMENT AND MENTAL HEALTH SCREENINGS AS WELL AS COUNSELING FOR OUR FOSTER CHILDREN. TOTAL EXPENSES: $6,807,348. 3) FOSTER CARE RESIDENTIAL FACILITIES - CONGREGATE CARE PROGRAMS PROVIDE RESIDENTIAL CARE FOR YOUTH WHOSE PROBLEMS ARE SO COMPLEX THAT THEY CANNOT FUNCTION IN A TRADITIONAL HOME OR FACILITY. PROGRAM PROFESSIONALS PROVIDE COUNSELING AND SERVICES TO ADDRESS NEEDS OF YOUTH AND ACHIEVE REUNIFICATION OR SECURE A FOSTER BOARDING HOME SETTING FOR YOUTHS WHILE IN NEED OF PLACEMENT. TOTAL EXPENSES: $3,970,138. 4) SETON DAY CARE AND ELIZABETH SETON PRE-SCHOOL - SETON DAY CARE WAS SOLD TO A PRIVATE DAY CARE CENTER ON APRIL 10, 2017. SETON DAY CARE WAS AN ALL-DAY PROGRAM FOR INFANTS AND TODDLERS (AGES TWO MONTHS TO 24 MONTHS), IN OPERATION FROM 8AM TO 6PM. CHILDREN ARE PLACED ACCORDING TO THEIR AGE IN SMALL GROUPS TO ENSURE EDUCATIONAL PROGRAMMING THAT MEETS THEIR INDIVIDUAL NEEDS. HOURS ARE FLEXIBLE AND BASED ON THE PARENT'S WORK SCHEDULE. THE ELIZABETH SETON PRE-SCHOOL WAS AN ALL-DAY PROGRAM FOR CHILDREN WHOSE AGES RANGE FROM TWENTY FOUR MONTHS TO FIVE YEARS, AND WAS ESTABLISHED IN 1980 TO FURTHER ADDRESS THE NEEDS OF WORKING PARENTS. TOTAL EXPENSES: $1,438,336. 5) OTHER PROGRAMS - PROVIDE FAMILY-CENTERED AND COMMUNITY BASED SERVICES SUCH AS EDUCATION, SUPPLEMENTAL HOUSING, AND CAREER PLANNING. TOTAL EXPENSES: $12,131,349. FORM 990, PART VI, SECTION A, LINE 6: THE MEMBERSHIP OF THE CORPORATION CONSISTS OF ONE (1) CLASS OF MEMBERS WHO ARE MEMBERS OF THE SISTERS OF CHARITY. FORM 990, PART VI, SECTION A, LINES 7A AND 7B: AT EACH ANNUAL MEETING THE MEMBERS OF THE CORPORATION ELECT FROM THEIR OWN MEMBERSHIP BY A MAJORITY VOTE, A CHAIRPERSON AND A SECRETARY. FORM 990, PART VI, SECTION B, LINE 11B: Senior management of the organization's accounting department complete a Tax Organizer and furnish it to the organization's tax preparers at the independent CPA firm who prepare and review form 990 before furnishing draft Form 990 to the organization. Draft Form 990 is reviewed by the Assistant Vice President and CFO prior to being sent to the audit committee for review, discussion and approval and distribution to the full board. Form 990 is distributed to the full board in electronic form where possible or paper when requested. FORM 990, PART VI, SECTION B, LINE 12C: THE ORGANIZATION HAS A WRITTEN POLICY THAT REQUIRES OFFICERS, DIRECTORS, TRUSTEES AND KEY PERSONNEL TO EXECUTE AN ANNUAL (also required for new key personnel and board members prior to assuming their position) STATEMENT OF DISCLOSURE OF INTERESTS, RELATIONSHIPS AND HOLDINGS THAT COULD POTENTIALLY RESULT IN A CONFLICT OF INTEREST OF THEMSELVES AND THEIR FAMILY MEMBERS. IF A CONFLICT OF INTEREST SHOULD ARISE OR CAN BE REASONABLY CONSTRUED, THE OFFICERS, DIRECTORS, TRUSTEES AND KEY PERSONNEL WILL BE REFRAINED FROM PARTICIPATING IN THE DECISION MAKING PROCESS. IN THE EVENT THAT THERE MUST BE A DECISION REGARDING THE CONFLICT, THE MATTER WILL BE REFERRED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FOR A DECISION. FORM 990, PART VI, SECTION B, LINES 15A AND 15B: THE GOVERNANCE COMMITTEE ("COMMITTEE") ANNUALLY REVIEWS INDEPENDENTLY OF THE CHIEF EXECUTIVE OFFICER ("CEO") THE PERFORMANCE OF THE CEO. THE CEO'S COMPENSATION AND BENEFITS ARE FIXED PURSUANT TO A MULTI-YEAR CONTRACT WITH THE CEO. NEW YORK FOUNDLING HOSPITAL HAS COMPLIED WITH NEW YORK STATE LAW EXECUTIVE ORDER ("EO38"), AND PROVIDED THE FINANCE COMMITTEE WITH THE BENCHMARK SALARY COMPARISONS FOR THE FOLLOWING EXECUTIVE POSITIONS: - CHIEF EXECUTIVE OFFICER - CHIEF OPERATIONS OFFICER - CHIEF FINANCIAL OFFICER THE MINUTES OF THE DECISIONS OF THE BOARD AND THE FINANCE COMMITTEE ARE PREPARED BEFORE THE LATER OF THE NEXT MEETING OR 60 DAYS AFTER THE FINAL ACTION OF THE BOARD AND THE COMMITTEE. THE MINUTES RECORD A) THE DATE OF THE DECISION B) THE MEMBERS PRESENT DURING THE DECISION AND THOSE WHO VOTED ON IT AND C) THE FULL TERMS OF THE COMPENSATION ARRANGEMENTS THAT WERE REVIEWED. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (BYLAWS AND ARTICLES OF INCORPORATION), CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE AT ITS PRINCIPAL OFFICE DURING REGULAR BUSINESS HOURS AND BY MAIL UPON PERSONAL OR WRITTEN REQUEST. ANNUAL INFORMATION RETURNS ARE AVAILABLE TO THE PUBLIC VIA THE SAME METHOD FOR A PERIOD OF THREE YEARS. FORM 990, PART XI, LINE 9: CHANGE IN UNFUNDED PENSION OBLIGATION. NEW YORK FOUNDLING CHARITABLE CORP 590 AVENUE OF THE AMERICAS NEW YORK NY 10011 133318964 SUPPORT ORG. NY 501(C)(3) 12 N/A false false false true false false false false false false true true true false true true false false false false