2017-05-12T15:38:07-05:00 2016-06-30 390758449 WIPFLI LLP 2 WEST BALTIMORE AVE SUITE 210 MEDIA PA 19063 990 2015-07-01 521173474 FREE LIBRARY OF PHILADELPHIA FOUNDATION FREE 2155675948 1901 VINE STREET PHILADELPHIA PA 191031189 DAVID T EDWARDS CFO 2155675948 2017-05-12 1 JOHN J NIHILL CPA P00844252 6105653930 2017-05-10 2015 2021-01-29 14:40:06Z SAME AS ABOVE SIOBHAN A REARDON 1901 VINE STREET PHILADELPHIA PA 191031189 22456027 0 X WWW.FREELIBRARY.ORG X 1891 PA TO DEVELOP RESOURCES AND FUNDING TO EXPAND, ENHANCE, AND SUPPORT THE SERVICES, COLLECTIONS, BUILDING IMPROVEMENTS AND TECHNOLOGY EXPANSION, AND OTHER ACTIVITIES OF THE FREE LIBRARY OF PHILADELPHIA. PROGRAMS INCLUDE EARLY CHILDHOOD, FAMILY, AND ADULT LITERACY; AFTER-SCHOOL HOMEWORK HELP; WORKPLACE AND CAREER PLACEMENT; REGIONAL FOUNDATION CENTER; LECTURE SERIES; SUMMER PROGRAMS IN READING AND SCIENCE; AND CULTURAL PERFORMANCES. 37 37 310 300 0 0 19451197 20292246 640296 571306 1646001 971553 334001 307819 22071495 22142924 0 0 0 0 4917699 5243261 203892 193461 2042856 5868364 9172773 10989955 14609495 11081540 7533429 43485942 49779048 1223718 1513559 42262224 48265489 X TO DEVELOP RESOURCES AND FUNDING TO EXPAND, ENHANCE, AND SUPPORT THE SERVICES, COLLECTIONS, BUILDING IMPROVEMENTS AND TECHNOLOGY EXPANSION, AND OTHER ACTIVITIES OF THE FREE LIBRARY OF PHILADELPHIA. PROGRAMS INCLUDE EARLY CHILDHOOD, FAMILY, AND ADULT LITERACY; AFTER-SCHOOL HOMEWORK HELP; WORKPLACE AND CAREER PLACEMENT; REGIONAL FOUNDATION CENTER; LECTURE SERIES; SUMMER PROGRAMS IN READING AND SCIENCE; AND CULTURAL PERFORMANCES. 0 0 6149640 571306 PUBLIC PROGRAMS: TO PROVIDE LITERACY, CULTURAL AND EDUCATIONAL PROGRAMMING ON BEHALF OF THE FREE LIBRARY OF PHILADELPHIA. EXAMPLES OF SUCH PROGRAMS INCLUDE: THE LITERACY ENRICHMENT AFTER-SCHOOL PROGRAM (LEAP), ONE BOOK ONE PHILADELPHIA, SCIENCE IN THE SUMMER, TEEN PROGRAMMING, COLLEGE PREP, THE AUTHOR LECTURE SERIES, AND SUMMER READING PROGRAM. 5362051 LIBRARY CAPITAL PROJECTS: TO RENOVATE AND ENHANCE THE CENTRAL BRANCH OF THE LIBRARY AS WELL AS FIVE NEIGHBORHOOD LIBRARIES; TACONY, LOVETT, MARRERO, LOGAN AND THE SOUTH PHILADELPHIA BRANCHES. 108598 COLLECTIONS AND PRESERVATION: TO ENHANCE THE LIBRARY'S PROMINENT RESEARCH COLLECTIONS, SUCH AS THE FLEISHER COLLECTION, DICKENS COLLECTION, POE COLLECTION, MEDIEVAL MANUSCRIPTS, ETC. FACILITIES RENOVATIONS: PRIMARILY TO MAKE RENOVATIONS TO THE LIBRARY. TECHNOLOGY: TO SUPPLEMENT THE LIBRARY'S TECHNOLOGICAL NEEDS SUCH AS WEBSITE DESIGN, DEVELOP INFRASTRUCTURE OF THE LIBRARY'S NETWORK, AND COMPUTER SERVICES FOR THE CHILDREN'S DEPARTMENT. 11620289 1 1 0 1 0 0 0 1 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 173 0 1 310 1 0 0 0 0 0 0 0 0 0 0 X 37 37 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 PA NJ X FREE LIBRARY OF PHILADELPHIA FOUNDATION 2155675948 1901 VINE STREET PHILADELPHIA PA 19103 SIOBHAN A REARDON BOD MEMBER - PRESIDENT & DIRECTOR 18.00 0.00 X X 0 0 0 TOBEY DICHTER BOD MEMBER - CHAIR 10.00 0.00 X X 0 0 0 RICHARD A GREENAWALT BOD MEMBER - FIRST VICE CHAIR 1.00 0.00 X X 0 0 0 MIRIAM SPECTOR BOD MEMBER - VICE CHAIR 1.00 0.00 X X 0 0 0 JAMES HAVERILL PHD BOD MEMBER - TREASURER 1.00 1.00 X X 0 0 0 BARBARA SUTHERLAND BOD MEMBER - SECRETARY 1.00 0.00 X X 0 0 0 ROBERT ADELSON BOD MEMBER 1.00 0.00 X 0 0 0 CYNTHIA AFFLECK BOD MEMBER 1.00 1.00 X 0 0 0 PHYLLIS W BECK BOD MEMBER 1.00 0.00 X 0 0 0 SHELDON BONOVITZ BOD MEMBER 1.00 0.00 X 0 0 0 CACHINO-SANCHEZ BOD MEMBER 1.00 0.00 X 0 0 0 GEORGE DAY BOD MEMBER 1.00 0.00 X 0 0 0 ANDREA EHRLICH BOD MEMBER 1.00 0.00 X 0 0 0 MELISSA GRIMM BOD MEMBER 1.00 0.00 X 0 0 0 JANET HAAS BOD MEMBER 1.00 0.00 X 0 0 0 ROBERT HEIM BOD MEMBER 1.00 0.00 X 0 0 0 JOHN IMBESI BOD MEMBER 1.00 0.00 X 0 0 0 MICHEAL INNOCENZO BOD MEMBER 1.00 0.00 X 0 0 0 PHILIP JARIGUE BOD MEMBER 1.00 0.00 X 0 0 0 GEOFFREY KENT BOD MEMBER 1.00 0.00 X 0 0 0 ALEXANDER KERR ESQ BOD MEMBER 1.00 0.00 X 0 0 0 MARCIENE S MATTLEMAN BOD MEMBER 1.00 0.00 X 0 0 0 THOMAS B MORRIS JR BOD MEMBER 1.00 0.00 X 0 0 0 STEPHANIE W NAIDOFF BOD MEMBER 1.00 0.00 X 0 0 0 BERNARD NEWMAN BOD MEMBER 1.00 1.00 X 0 0 0 PATRICK M OATES BOD MEMBER 1.00 0.00 X 0 0 0 DEREK N PEW BOD MEMBER 1.00 0.00 X 0 0 0 NICK POURNADER BOD MEMBER 1.00 0.00 X 0 0 0 GREG REDDEN BOD MEMBER 1.00 0.00 X 0 0 0 WILLIAM R SASSO BOD MEMBER 1.00 0.00 X 0 0 0 SUSAN G SMITH BOD MEMBER 1.00 0.00 X 0 0 0 STACEY SPECTOR BOD MEMBER 1.00 0.00 X 0 0 0 LENORE STEINER BOD MEMBER 1.00 1.00 X 0 0 0 BARBARA SUTHERLAND BOD MEMBER 1.00 1.00 X 0 0 0 MONICA VACHHER BOD MEMBER 1.00 0.00 X 0 0 0 JAY WEINSTEIN BOD MEMBER 1.00 0.00 X 0 0 0 LARRY WEISS BOD MEMBER 1.00 0.00 X 0 0 0 SANDRA A HORROCKS V.P. EXTERNAL AFFAIRS 37.50 0.00 X 165733 0 7432 JAMES PECORA CHIEF TECH OFFICER 37.50 0.00 X 163992 0 7651 DAVID EDWARDS CHIEF FINANCIAL OFFICER 37.50 0.00 X 157795 0 0 SARAH MORAN CHIEF OF STAFF 37.50 0.00 X 135846 0 6017 SUSAN GOULD ASST. V.P. DEVELOPMENT 37.50 0.00 X 161500 0 6057 MELISSA GREENBERG V.P. DEVELOPMENT 37.50 0.00 X 140475 0 10500 925341 0 37657 6 0 1 0 VITETTA GROUP INC BALDWIN TOWER 1510 CHESTER PIKE SUI EDDYSTONE PA 19022 CONSTRUCTION 1204022 SAFDIE ARCHITECTS LLC 100 PROPERZI WAY SOMERVILLE MA 02143 CONSTRUCTION 835725 LF DRISCOLL COMPANY LLC 9 PRESIDENTIAL BOULEVARD PHILADELPHIA PA 190040468 CONSTRUCTION 635183 J R KELLER LLC 2325 LOCUST ST PHILADELPHIA PA 19103 CONSTRUCTION 267308 SCHULTZ & WILLIAMS INC 325 CHESTNUT ST STE 700 PHILADELPHIA PA 19106 MARKETING & DEVELOPMENT 207775 5 385623 867892 19038731 9750 20292246 LECTURE SERIES 900099 287771 287771 FINES & LOST BOOKS 900099 203082 203082 FREE LIBRARY SERVICES 900099 63237 63237 SALES-BOOKS & PUBLIC 900099 17216 17216 571306 1087744 1087744 107192 107192 19617 0 19617 19617 19617 116191 -116191 -116191 -116191 91600 385623 196912 -105312 -105312 VENDED SYSTEMS 900099 239264 239264 OTHER INCOME 900099 47058 47058 286322 22142924 571306 0 1279372 X 511822 297467 104306 110049 3801208 2209231 774662 817315 566689 294651 96374 175664 363542 216364 52220 94958 93347 87098 1398 4851 42737 42737 62250 62250 193461 193461 112412 83778 28634 4167207 4031916 73059 62232 691765 382120 22861 286784 710811 576007 75306 59498 66158 46651 4059 15448 110568 70293 35417 4858 407149 310958 54654 41537 5261 5261 59257 1824 53784 3649 EQUIPMENT 928854 801767 96375 30712 PROGRAMS AND EXHIBITS 853515 769294 52863 31358 LIBRARY MATERIALS 737829 699642 283 37904 REPAIRS & MAINTENANCE 65827 65185 117 525 57826 676043 -622759 4542 14609495 11620289 946350 2042856 1839066 939221 7884175 13399120 5109423 7517168 621928 1062299 90394 123093 257823 255632 7452 2191 27449498 25933942 484006 802014 43485942 49779048 1223718 1513559 1223718 1513559 X 7431802 7955523 25386714 30866258 9443708 9443708 42262224 48265489 43485942 49779048 7533429 -1530164 0 X 0 1 X 1 0 X 6933772 8479652 15029219 19558547 20292246 70293436 6933772 8479652 15029219 19558547 20292246 70293436 13949387 56344049 543338 958168 2130109 1739734 1194936 6566285 265178 263193 308759 311724 305939 1454793 78314514 3483736 0.71950 0.67300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 62250 62250 11620289 11682539 734127 183532 0 0 682719 1000000 527181 734127 2944027 4416041 14452 42496 8500 62250 127698 170680 250000 131795 183532 736007 1104011 X X 0 30770399 748728 -511067 1744242 29263818 27805863 3798154 498837 1332455 30770399 18731659 7288783 2690173 904752 27805863 17451909 58582 2042531 821363 18731659 18618981 13555 -345558 835069 17451909 0.00000 0.57640 0.42360 0 1 1 128181 125990 2191 129642 129642 0 2191 X 20704201 -1530164 6941 196912 -1326311 22030512 112412 112412 22142924 14700936 6941 196912 203853 14497083 112412 112412 14609495 PART III, LINE 1A: THE FOUNDATION OWNS AND MAINTAINS COLLECTIONS OF RARE BOOKS, MANUSCRIPTS, MAPS, PAINTINGS, PRINTS, MUSIC, ETC., MOST OF WHICH HAVE BEEN ACQUIRED THROUGH INDIVIDUAL GIFTS AND BEQUESTS. THE ROSENBACH CONTRIBUTED COLLECTION ITEMS INCLUDE RARE BOOKS, MANUSCRIPTS, FINE AND DECORATIVE ARTS AND PERIOD FINISHINGS. A FINE ARTS INSURANCE POLICY WITH COVERAGE UP TO $11,000,000 IS CARRIED ON THE COLLECTIONS. IN THE OPINION OF MANAGEMENT, THIS REPRESENTS ONLY A FRACTION OF THE PRESENT FAIR VALUE OF THE ITEMS, MANY OF WHICH ARE IRREPLACEABLE. THE FOUNDATION HAS NOT ASSIGNED A VALUE TO THE COLLECTIONS FOR ACCOUNTING PURPOSES, SINCE IT IS NOT PRACTICAL TO DETERMINE THE COST, THE FAIR VALUE AT DATE OF ACQUISITION OR THE NET REALIZABLE VALUE OF THESE COLLECTIONS. PART V, LINE 4: THE ENDOWMENT OF THE FOUNDATION CONSISTS OF 59 FUNDS ESTABLISHED BY DONORS FOR VARIOUS PURPOSES. THE ENDOWMENT OF THE ROSENBACH CONSISTS OF 24 FUNDS ESTABLISHED BY DONORS FOR VARIOUS PURPOSES. AS REQUIRED BY UNITED STATES GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENT, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: THE FOUNDATION HAS OBTAINED A FAVORABLE DETERMINATION THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS AN ORGANIZATION THAT IS OTHER THAN A PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS REVIEWED TAX POSITIONS TAKEN IN FILINGS WITH FEDERAL AND STATE JURISDICTIONS AND BELIEVES THOSE POSITIONS WOULD BE SUSTAINED SHOULD THE FILINGS BE EXAMINED BY THE RELEVANT TAXING AUTHORITY. THESE TAX FILINGS FOR FISCAL 2013, 2014 AND 2015 ARE SUBJECT TO EXAMINATION, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 196,912. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 196,912. X X X X X X 1 SCHULTZ AND WILLIAMS 325 CHESTNUT STREET PHILADELPHIA PA 19106 DIRECT MAIL SERVICES - PLANNING, ADVISING, AND CONSULTING 0 232453 193461 38992 232453 193461 38992 PA NJ BORROWER'S BALL 452648 379048 73600 78251 5300 101796 FOLGER SHAKESPEARE LIBRARY TOUR 24575 6575 18000 7140 400 4025 477223 385623 91600 85391 5700 105821 196912 -105312 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE AMOUNT PAID TO SCHULTZ AND WILLIAMS INCLUDE APPROXIMATELY $85K FOR CONSULTING FEES, $21K FOR POSTAGE AND $77K FOR GRAPHICS AND PRINTING. X X 0 0 0 0 0 0 0 0 0 SANDRA A HORROCKS V.P. EXTERNAL AFFAIRS 165733 0 0 0 0 0 7432 0 0 0 173165 0 0 0 JAMES PECORA CHIEF TECH OFFICER 163992 0 0 0 0 0 7651 0 0 0 171643 0 0 0 DAVID EDWARDS CHIEF FINANCIAL OFFICER 157795 0 0 0 0 0 0 0 0 0 157795 0 0 0 SUSAN GOULD ASST. V.P. DEVELOPMENT 161500 0 0 0 0 0 6057 0 0 0 167557 0 0 0 MELISSA GREENBERG V.P. DEVELOPMENT 140475 0 0 0 0 0 10500 0 0 0 150975 0 0 0 PART I, LINE 3 THE ORGANIZATION'S PROCESS FOR DETERMINING COMPENSATION INCLUDES AN ANNUAL REVIEW AND APPROVAL BY THE GOVERNING BODY. THE ORGANIZATION USES COMPARABLE DATA FROM ORGANIZATIONS SIMILAR IN SIZE AND PURPOSE FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND IS THEN MADE AVAILABLE TO THE ORGANIZATION'S GOVERNING BODY BEFORE BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CFO IS RESPONSIBLE FOR REVIEWING ALL CONTRACTS AS WELL AS IDENTIFYING ANY POSSIBLE CONFLICTS OF INTEREST. POTENTIAL CONFLICTS OF INTEREST ARE IDENTIFIED APPLYING THE PRESCIBED PROCEDUIRES. THE BOARD OF DIRECTORS MUST ANNUALLY CERTIFY THEIR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15B THE PRESIDENT AND DIRECTOR IS COMPENSATED BY THE CITY OF PHILADELPHIA AND ALL SALARY DECISIONS ARE MADE BY THE BOARD OF TRUSTEES OF THE FREE LIBRARY OF PHILADELPHIA. REGARDING OTHER KEY OFFICERS, ANNUALLY THE GOVERNING BODY APPROVES THE COLLECTIVE SALARY RATE INCREASE FOR ALL EMPLOYEES OF THE ORGANIZATION FOR THE UPCOMING FISCAL YEAR. INDIVIDUAL RATE INCREASES ARE THEN REVIEWED AND APPROVED BY THE DIRECTOR, CHIEF FINANCIAL OFFICER AND THE HR MANAGER. IN ADDITION, COMPARABLE SALARY DATA FROM ORGANIZATIONS OF SIMILAR SIZE AND PURPOSE FOR SIMILARLY QUALIFIED INDIVIDUALS IS USED TO DETERMINE THE APPROPRIATE SALARY FOR NEW HIRES. THE SOURCES OF THAT INFORMATION ARE HR PROFESSIONAL ASSOCIATIONS, AND SURVEY DATA FROM VARIOUS OTHER SOURCES SUCH AS UNIVERSITIES AND EMPLOYMENT AGENCIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 4,000,846. MANAGEMENT AND GENERAL EXPENSES 26,184. FUNDRAISING EXPENSES 31,139. TOTAL EXPENSES 4,058,169. TEMPORARY SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 4,478. TOTAL EXPENSES 4,478. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 29,018. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,018. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,448. FUNDRAISING EXPENSES 2,100. TOTAL EXPENSES 4,548. RECRUITING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 465. FUNDRAISING EXPENSES 980. TOTAL EXPENSES 1,445. BANK AND CREDIT CARD FEES: PROGRAM SERVICE EXPENSES 31,070. MANAGEMENT AND GENERAL EXPENSES 14,944. FUNDRAISING EXPENSES 23,535. TOTAL EXPENSES 69,549. THE ROSENBACH OF THE FREE LIBRARY OF PHILADELPHIA FOUNDATION 2010 DELANCEY PLACE PHILADELPHIA PA 19103 231425055 OPERATION OF MUSEUM AND LIBRARY PA 501(C)(3) LINE 7 THE FREE LIBRARY OF PHILADELPHIA FOUNDATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1