2017-07-15T17:40:47-07:00 2016-06-30 990 2015-07-01 133055729 WOODLAWN FOUNDATION INC WOOD 9146323778 56 Harrison Street - Suite 401 New Rochelle NY 108016560 Arthur Kim Rivera Treasurer 9146323778 2017-07-15 2015 2021-01-29 14:40:06Z Anthony M McCarthy 56 Harrison Street Suite 401 New Rochelle NY 108016560 28593525 0 X woodlawnfoundation.org X 1979 NY Woodlawn Foundation Inc solicits contributions and provides grants to nonprofit organizations that receive pastoral care from the Catholic Prelature of Opus Dei. 14 11 7 0 0 0 29552151 18298094 82362 186227 1858257 1045859 2542 440 31495312 19530620 13336112 16995292 0 0 309162 336107 12515 13665 97894 1301788 2150513 14959577 19495577 16535735 35043 43450032 40845044 4323864 3986943 39126168 36858101 Woodlawn Foundation Inc solicits contributions and provides grants to nonprofit organizations that receive pastoral care from the Catholic Prelature of Opus Dei. 0 0 18049578 16983077 186227 Provided grants and services in support of fifty-five nonprofit organizations that receive pastoral care from the Roman Catholic Prelature of Opus Dei. 0 0 0 18049578 1 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 1 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 1 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 X 14 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X Arthur Kim C Rivera 9146323778 56 Harrison Street Suite 401 New Rochelle NY 108016560 Anthony M McCarthy President 10 0 X X 0 0 0 Michael A Coan Executive Director and Vice President 20 4 X X 16920 0 13500 Charles Cushnie Vice President 10 0 X X 0 0 0 Timothy C Hogan Vice President 10 2 X X 0 0 0 Edwin S Tecarro Vice President 10 0 X X 0 0 0 John M Wildes Vice President 10 0 X X 0 0 0 Gregory A Byrnes Secretary 20 0 X X 65000 0 0 Arthur Kim C Rivera Treasurer 30 4 X X 16920 0 13500 George Sim Johnston III Board Member 2 1 X 0 0 0 Patricia Keefe Board Member 1 0 X 0 0 0 Mary Ellen Kranzlin Board Member 1 0 X 0 0 0 Edythe F Merritt Board Member 1 0 X 0 0 0 James M O'Kane Board Member 1 0 X 0 0 0 Jacqueline Y Taylor Board Member 1 0 X 0 0 0 98840 0 27000 0 0 0 0 Bank of New York Mellon 200 Park Avenue 54th Floor New York NY 10166 Investment advisor 140837 1 0 0 0 214343 0 18083751 3857679 18298094 Health insurance reimbursement 524292 61044 61044 0 0 Interest on program related loans 900004 125183 125183 0 0 0 0 0 0 186227 497897 0 0 497897 0 0 0 0 0 0 0 0 0 0 9610867 0 9062905 0 547962 0 547962 0 0 547962 0 440 0 0 440 440 19530620 186227 0 1046299 15722011 15722011 10625 10625 1262656 1262656 98840 2966 84615 11259 171044 5133 146426 19485 45576 1368 39016 5192 20647 620 17675 2352 259940 0 258388 1552 19240 0 19240 0 96500 0 96500 0 13665 13665 145910 0 145910 0 51465 20586 22952 7927 22171 665 18980 2526 77326 2321 66197 8808 4354 8 231 4115 51850 1556 44388 5906 19960 12468 6612 880 227 7 194 26 Health insurance benefits 982429 982429 0 0 Allowance for uncollectible pledges and loans 379026 0 379026 0 Charitable gift annuity expense 24098 24098 0 0 Lawsuit settlement 13968 0 0 13968 2049 61 1755 233 19495577 18049578 1348105 97894 2356327 1924906 4328503 6562554 1724021 1733939 0 34801 358546 341169 10175 13178 99802 50537 69225 49265 24752965 21945583 5153646 4964518 2423473 2299840 2273151 975291 43450032 40845044 2550000 2550000 697346 721846 1076518 715097 4323864 3986943 X 24676557 27111710 14449611 9746391 0 0 39126168 36858101 43450032 40845044 X 35043 -4272145 0 0 0 1969035 X 0 1 X 1 0 X 9800108 12148627 10387676 29552151 17183210 79071772 9800108 12148627 10387676 29552151 17183210 79071772 1809436 77262336 187887 141283 203226 425604 605548 1563548 102 715 0 2542 440 3799 80639119 560763 0.95812 0.94010 X Schedule A, Part II, Line 10 Other income reported on Part II, Section B, Line 10 consist of the following: For 2011--unexpected, unidentified receipt of $102; for 2012--write-off of un-cashed checks drawn prior to 6-30-2011 totaling $515, and a bank promotional credit of $200; for 2014--unexpected, unidentified receipt of $2,542 from the United States Treasury; and for 2015--forgiveness of accounts payable totaling $440. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 107503 6000 7950 X Installation in future chapels 1 0 0 0 0 0 0 0 0 38622 32183 6439 0 61180 18354 42826 0 0 0 0 49265 0 C 2630664 F Abdiel Qualified Offshore Partners Ltd 819619 F Linx Partners limited partnerships 1514235 F 4964518 Operating loan to a 501(c)(3) organization 1911000 C Construction loan to two 501(c)(3) organizations 388840 C 2299840 0 Liability under trust agreements 380296 Liability on charitable gift annuities 334801 715097 Schedule D, Part III, Line 4 Paintings, sculptures, stained glass windows, and architectural details of a religious, devout motif: The Woodlawn Foundation purchased these artifacts from church buildings that were closed and were being demolished. These acquisitions directly further our exempt purpose function by making works of religious art available for installation in future chapels of centers of the Opus Dei Prelature. Jewelry: The Woodlawn Foundation acquired personal jewelry by donation from private individuals who support our exempt purpose functions. The Foundation intends to dispose these items for cash at a convenient, future date. Europe (including Iceland and Greenland) Operation of four nonprofit organizations in Italy who have missions similar to that of Woodlawn Foundation, and building construction of a nonprofit organization in Spain. 1062464 wire transfer 0 Russia and the newly independent States Operation and expansion project of two nonprofit organizations in Lithuania who have missions similar to that of Woodlawn Foundation 117000 wire transfer 0 South America Construction of a conference center in Peru to house spiritual retreats and similar formational activities 49825 wire transfer 0 South America Scholarship for students attending a rural farm school in Colombia 29250 wire transfer 0 7 0 0 0 0 0 0 0 1 Southmore Foundation Inc 2011 Sheridan Street Houston TX 77030 760120857 501(c)(3) 2500000 0 Construction of physical plant Shellbourne Inc 359 West 200 North Valparaiso IN 463857728 351266330 501(c)(3) 1831250 0 Expansion of physical plant Oakton Foundation Inc 5505 Chaucer Drive Houston TX 770052631 452196605 501(c)(3) 1337285 0 Construction of physical plant Murray Hill Place Inc 139 East 34th Street New York NY 100164704 133542148 501(c)(3) 1159282 0 Operations Corporation for Social and Educational Development 6321 North Avendale Avenue Suite A-215 Chicago IL 60631 366205980 501(c)(3) 882000 0 Construction of physical plant Roseaire Retreat Inc 14281 Gallagher Road Delray Beach FL 33445 650649421 501(c)(3) 811882 0 Expansion of physical plant Chestnut Hill Foundation Inc 481 Hammond Street Chestnut Hill MA 024671714 043141919 501(c)(3) 666228 0 $441,906 for operations and $224,322 for expansion of physical plant Prelature of the Holy Cross and Opus Dei 139 East 34th Street New York NY 100164704 133598550 501(c)(3) 469295 0 Operations Crawford Foundation Inc 99 Overlook Circle New Rochelle NY 108044501 133552064 501(c)(3) 465300 0 $450,300 for operations, and $15,000 for acquisition of used motor vehicle Castlewood Foundation Inc 5800 North Keating Avenue Chicago IL 606466615 363309592 501(c)(3) 457832 0 Operations Association for Cultural Interchange Inc 420 Lexington Avenue Suite 300 New York NY 101700300 526054124 501(c)(3) 435000 0 Construction of Saxum Conference Center in Israel Euclid Foundation 7800 Cass Avenue Darien IL 605615008 364295675 501(c)(3) 382800 0 $237,800 for operations, and $145,000 for improvements to physical plant Windmoor Foundation Inc 1121 North Notre Dame Avenue South Bend IN 466171342 010788484 501(c)(3) 327191 0 $93,120 for operations, and $234,071 for expansion and development of physical plant Tenley Study Center Inc 4300 Garrison Street Northwest Washington DC 200164099 521545933 501(c)(3) 278400 0 Operations Tilden Study Center Inc 655 Levering Avenue Los Angeles CA 900242308 954301168 501(c)(3) 258400 0 Operations Wyoming House Inc 2301 Wyoming Avenue Northwest Washington DC 200081642 521760051 501(c)(3) 250990 0 $211,800 for operations, and $39,190 for improvement to physical plant Reston Study Center Inc 1810 Old Reston Avenue Reston VA 201903304 541826300 501(c)(3) 225500 6395 Cost Partial forgiveness of construction loan $225,500 for operations, and $6,395 for construction of physical plant Elmbrook Inc 25 Follen Street Cambridge MA 021383502 222931400 501(c)(3) 217985 0 $190,800 for operations, and $27,185 for improvement to physical plant Berkland Foundaton Inc 1827 Oxford Street Berkeley CA 947091800 943207717 501(c)(3) 205428 0 $30,000 for operations, and $175,428 to pay off mortgage loan on physical plant Longlea Conference Center Inc 4101 Yuma Street Northwest Washington DC 200162109 020665083 501(c)(3) 186000 0 Operations Southmont Foundation Inc 170 Montrose Avenue South Orange NJ 070792415 223146708 501(c)(3) 184200 0 $34,200 for operations, and $150,000 for improvement to physical plant Layton Study Center Inc 12900 West North Avenue Brookfield WI 530055217 391692100 501(c)(3) 178200 0 Operations Midtown Cultural Center Inc 1825 North Wood Street Chicago IL 606221130 364093991 501(c)(3) 176700 0 Operations Chaucer Drive Study Center Inc 5505 Chaucer Drive Houston TX 770052631 760353042 501(c)(3) 175900 0 Operations Menlough Study Center Inc 1160 Santa Cruz Avenue Menlo Park CA 940255003 770438157 501(c)(3) 165879 0 $100,000 for operations, and $65,879 to pay off mortgage loan on physical plant The Mill Brook School Foundation Inc 390 Oakland Parkway Franklin MA 02038 475112301 501(c)(3) 165000 0 Development of grade school for boys Wespine Study Center Inc 100 East Essex Avenue Kirkwood MO 631224402 431651179 501(c)(3) 162668 0 $94,200 for operations, and $68,468 for improvement to physical plant Peninsula Foundation Inc 770 South Windsor Boulevard Los Angeles CA 900053786 942943240 501(c)(3) 150000 0 $125,000 for operations, and $25,000 for cost of sale of real property Association for Educational Development 5800 North Keating Avenue Chicago IL 606466615 362649305 501(c)(3) 140454 0 $133,200 for operations, and $7,254 for improvement to physical plant Warwick Foundation Inc 5090 Warwick Terrace Pittsburgh PA 152133836 251603855 501(c)(3) 128400 0 Operations Kingsland Foundation Inc 4451 Southwest 88th Avenue Miami FL 331655976 650299587 501(c)(3) 121000 0 $117,000 for operations, and $4,000 for improvement to physical plant Wingren Foundation Inc 3610 Wingren Avenue Irving TX 750624512 752405572 501(c)(3) 105600 0 Operations The Nassau Foundation Inc 34 Mercer Street Princeton NJ 085406808 133534894 501(c)(3) 104400 0 Operations Arnold Hall Inc Randall Street PO Box 528 North Pembroke MA 02358 222936068 501(c)(3) 73000 0 Operations Montrose Foundation Inc 29 North Street Medfield MA 02052 042668765 501(c)(3) 70000 0 Operation of school for young women Riverside Study Center Inc 330 Riverside Drive New York NY 100253421 133547523 501(c)(3) 64400 0 $47,400 for operations, and $17,000 for improvement to physical plant Montevista Foundation Inc 345 East Summit Avenue San Antonio TX 782123028 742618410 501(c)(3) 63700 0 $46,500 for operations, and $17,200 for improvement to physical plant Lincoln Green Foundation Inc 715 West Michigan Avenue Urbana IL 618014841 364145777 501(c)(3) 50005 0 Operations Trumbull Manor Inc 50 Rica Vista Novato CA 949472021 680235497 501(c)(3) 30000 0 Operations The Trimount Foundation Inc 56 Harrison Street Suite 401 New Rochelle NY 108016560 046141144 501(c)(3) 19000 0 Operation of a retreat house in Vermont The Mathewson Foundation Inc 224 Bowen Street Providence RI 029061542 050450077 501(c)(3) 15600 0 Operations Romana Bulletin Inc 56 Harrison Street Suite 401 New Rochelle NY 108016560 134013243 501(c)(3) 10000 0 Operations Wynncliff Inc 5800 North Keating Avenue Chicago IL 606466615 272559366 501(c)(3) 9563 0 Operation of a retreat house in Wisconsin 46 0 Direct cash assistance to indigent families 2 6500 0 Student loan assistance to clergy of the Opus Dei Prelature 1 0 4125 Cost Monthly installments on student loan Schedule I, Part I, Line 2 The Woodlawn Foundation monitors the use of grant funds in the U.S. by means of direct, first-hand knowledge of the character and activities of its grantees, and by means of regular, detailed accounts they provide to the Foundation. X 21 3852066 Fair value X 1 6000 Appraisal X Expired charitable gift annuity 1 15734 Fair value X Partial forgiveness of loan payable 1 3000 Cost X Discount of pledges receivable 8 -19121 Fair value 1 0 0 0 Form 990, Part VI, Section B, Line 11b The Treasurer prepared a draft of Form 990 and distributed electronic copies to other officers and to Board Members. After a sufficient period of review, the Treasurer made corrections and adjustments based on comments and suggestions received from officers and Board Members. Finally, he or she signed and filed Form 990 electronically. Form 990, Part VI, Section B, Line 12c Board Members and officers of the Woodlawn Foundation revisit the conflict of interest policy during the Board of Directors annual meeting in November. Each Board Member and officer discloses whether or not he or she has a conflict of interest by means of a signed statement listing conflicts, if any. Form 990, Part VI, Section B, Line 15 Any position whose reportable and non-reportable compensation exceed $80,000 is subject to the Woodlawn Foundation's Executive Compensation Policy including, but not limited to, the President, Executive Director, financial officers, management officers, and key employees. When applicable, the Executive Committee shall make its recommendation annually to the Board regarding the reasonableness of those positions. It shall rely upon appropriate data as to comparability in making its determination. Furthermore, it shall place such data and other reasons for its recommendation in the Minutes. Only those who are free of conflicts of interest may be involved in the evaluation of Executive compensation. Form 990, Part VI, Section C, Line 19 The organization's governing documents, conflict of interest policy, and financial statements are available for review in person during regular business hours at the Treasurer's office located at 56 Harrison Street, Suite 401, New Rochelle, New York 10801-6560. Form 990, Part XI, Line 9 Other changes in net assets in the amount of $1,969,035 resulted from the audit by an independent accounting firm of the consolidated financial records of the Woodlawn Foundation and related parties for fiscal year ending June 30, 2015, i.e., the previous year's audit. We adjusted the value of the organization's net assets at the beginning of the year as follows: (a) increased investment in limited partnerships by $1,170,033 to reflect fair value as of the beginning of the year; (b) increased net pledges receivable by $789,402 to record pledges received in the audit year; (c) decreased assets held in trust by $48,671 due to unrecorded trust distributions made in the audit year; (d) decreased liability under trust agreements to reflect fair value at the beginning of the year, which resulted in an increase of $41,223 to net assets; and (d) decreased liability under charitable gift annuities to fair value at the beginning of the year, which resulted in an increase of $17,048 to net assets. Rockside Foundation 56 Harrison Street Suite 401 New Rochelle NY 108016560 311538837 supporting organization OH 501(c)(3) 11 Type I N/A 0 Sauganash Foundation 56 Harrison Street Suite 401 New Rochelle NY 108016560 311538838 supporting organization OH 501(c)(3) 11 Type I N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Rockside Foundation c 107296 Cash Sauganash Foundation c 107047 Cash We regret not filing Form 990 on May 15, 2017 due to an unavoidable delay in acquiring the auditors final adjusting journal entries. Nevertheless, this regrettable delay has allowed us to file without resorting to an amended return. In the future, we fully intend to avoid delays caused by auditing.