2017-11-15T08:32:08-06:00 2016-12-31 ERNST & YOUNG US LLP 111 MONUMENT CIRCLE SUITE 4000 INDIANAPOLIS IN 46204 990 2016-01-01 133160356 New York-Presbyterian Fund Inc % PHYLLIS R LANTOS NEWY 2122974356 525 E 68th St Box 156 New York NY 10065 PHYLLIS LANTOS PRESIDENT 2123056845 2017-11-13 108.206.163.59 35057220173195000005 2017-11-15 P ADD06324E3A08D9ACDCAB42ECCD37A8342B17AEB 582F47EFACDD6166E52205D1FBFEA2601660FA18 2016 2021-01-29 14:40:06Z Phyllis R Lantos 525 E 68th St Box 156 New York NY 10065 488485746 false X N/A X 2000 NY to receive,solicit&administer funds to be applied exclusively for charitable, educational & scientific purposes, primarily for benefit of health care related charitable organizations. 88 85 0 830 2699626 -3920584 184500313 150769444 82284360 70993596 12678674 93262539 1412197 1778937 280875544 316804516 91611908 86610627 0 0 17516590 18445982 152800 577039 20014225 76702536 76074271 185983834 181707919 94891710 135096597 2390438190 2451264562 13548090 12268242 2376890100 2438996320 X THE PURPOSES FOR WHICH THE CORPORATION IS FORMED ARE: (A) TO RECEIVE, SOLICIT, AND ADMINISTER A FUND OR FUNDS TO BE APPLIED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES OF THE NEW YORK AND PRESBYTERIAN HOSPITAL AND ANY OTHER HEALTH-CARE RELATED CHARITABLE ORGANIZATION OR CORPORATION APPROVED BY THE BOARD OF DIRECTORS OF THE CORPORATION WHICH IS DESCRIBED IN SECTION 509(A)(1) OR 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1954, AS AMENDED AND (B) TO TAKE ANY AND ALL ACTIONS WHICH ARE INCIDENTIAL TO AND NOT INCONSISTENT WITH THE FORGOING PURPOSES OF THE CORPORATION AND WHICH ARE LAWFUL FOR NOT-FOR-PROFIT CORPORATIONS, TO THE EXTENT SUCH PURPOSES ARE PURPOSES DESCRIBED IN SECTION 509(A)(3)(A) OF THE INTERNAL REVENUE CODE OF 1954. false false 153307816 86610627 70993596 New York-Presbyterian Fund Inc. is organized to solicit, receive and administer funds to be applied exclusively for charitable, educational and scientific purposes, primarily for the benefit of health care related charitable organizations. 153307816 true true false false false false false false false true true true true false true false true false false false true false false true true false false true true true false false false false false false false true true false false false false true true true false false true 0 0 0 true true false false false false true true false false false false X 88 85 true false false false false false false true true false false true true true true true true true true false NY X PHYLLIS R LANTOS 2123056845 525 E 68TH STREET BOX 156 New York NY 10065 Herbert Pardes Trustee 58.0 2.0 X 0 2264645 61163 Jerry I Speyer Chairman 0.5 7.0 X 0 0 0 Frank A Bennack Jr trustee 2.5 12.25 X 0 0 0 Sarah E Nash Vice Chairman 2.5 9.25 X 0 0 0 John J Mack Vice Chairman 0.5 6.25 X 0 0 0 Peter A Georgescu Trustee 0.5 3.25 X 0 0 0 Charlotte M Ford Trustee 0.5 4.25 X 0 0 0 Roger C Altman Trustee 0.5 2.25 X 0 0 0 Donald L Boudreau Trustee 0.5 1.25 X 0 0 0 Bruce Anthony Beal Trustee 0.5 1.31 X 0 0 0 Luis A Canela Trustee 0.5 2.25 X 0 0 0 Iris Cantor Trustee 0.5 1.25 X 0 0 0 Pamela G Carlton Trustee 0.5 4.25 X 0 0 0 Russell Lloyd Carson Trustee 0.5 4.75 X 0 0 0 John K Castle Trustee 0.5 1.75 X 0 0 0 H Rodgin Cohen Esq Trustee 0.5 1.25 X 0 0 0 Jeffrey W Greenberg Trustee 0.5 6.75 X 0 0 0 Maurice R Greenberg Trustee 0.5 1.25 X 0 0 0 Jeffrey A Harris Trustee 1.5 3.31 X 0 0 0 Arthur J Hedge Jr Trustee 0.5 14.75 X 0 0 0 Marife Hernandez Trustee 0.5 1.25 X 0 0 0 Glenn H Hutchins Trustee 0.5 3.75 X 0 0 0 Mitchell L jacobson Trustee 0.5 4.25 X 0 0 0 Winfield P Jones Esq Trustee 0.5 6.25 X 0 0 0 Peter S Kalikow Trustee 0.5 4.0 X 0 0 0 Alfred F Kelly Jr Trustee 0.5 9.75 X 0 0 0 David H Koch Trustee 0.5 2.31 X 0 0 0 Stephen Robert Trustee 0.5 1.25 X 0 0 0 Rochelle B Lazarus Trustee 0.5 4.75 X 0 0 0 Ellen R Marram Trustee 0.5 1.25 X 0 0 0 Roman Martinez IV Trustee 1.5 3.75 X 0 0 0 Raymond J McGuire Trustee 0.5 2.31 X 0 0 0 Robert B Menschel Trustee 0.5 1.25 X 0 0 0 John E Merow Esq Trustee 0.5 3.31 X 0 0 0 Sharmin Mossavar-Rahmani Trustee 1.5 3.25 X 0 0 0 Steven O Newhouse Trustee 0.5 2.25 X 0 0 0 Daniel S Och Trustee 0.5 1.25 X 0 0 0 Adebayo O Ogunlesi Trustee 0.5 1.25 X 0 0 0 Gordon B Pattee Trustee 1.5 3.25 X 0 0 0 Ronald O Perelman Trustee 0.5 1.25 X 0 0 0 Lisa Perry Trustee 0.5 1.25 X 0 0 0 Michael S Pritula Trustee 0.5 1.25 X 0 0 0 Marcos A Rodriguez Trustee 0.5 1.25 X 0 0 0 Stephen M Ross Trustee 0.5 1.25 X 0 0 0 Arthur J Samberg Trustee 1.5 6.25 X 0 0 0 Oscar Straus Schafer Trustee 0.5 1.25 X 0 0 0 Mark Schwartz Trustee 0.5 1.25 X 0 0 0 Ivan G Seidenberg Trustee 0.5 7.75 X 0 0 0 Walter V Shipley Trustee 0.5 1.25 X 0 0 0 Richard D Segal Trustee 0.5 1.31 X 0 0 0 Howard Solomon Trustee 0.5 1.25 X 0 0 0 Seymour Sternberg Trustee 0.5 8.75 X 0 0 0 Brenda Neubauer Straus Trustee 0.5 1.31 X 0 0 0 Howard Stringer Trustee 0.5 1.25 X 0 0 0 Vincent Tese Esq Trustee 0.5 3.25 X 0 0 0 John a Thain Trustee 0.5 2.25 X 0 0 0 Michael D Tusiani Trustee 0.5 2.25 X 0 0 0 John s Weinberg Trustee 0.5 2.25 X 0 0 0 Leonard A Wilf Trustee 0.5 2.31 X 0 0 0 Margaret L Wolff Esq Trustee 0.5 7.25 X 0 0 0 david h komansky trustee 1.5 3.25 X 0 0 0 Steven J Corwin Trustee 6.0 54.0 X 0 5747816 227825 Jay S Fishman Trustee thru 8/16 0.5 1.25 X 0 0 0 robert j appel trustee 0.5 2.25 X 0 0 0 stephanie anne coleman trustee 0.5 2.25 X 0 0 0 kenneth forde md trustee 0.5 2.25 X 0 0 0 philippe laffont trustee 0.5 1.75 X 0 0 0 philip milstein trustee 0.5 1.31 X 0 0 0 alexander navab jr trustee 0.5 2.25 X 0 0 0 ogden phipps II trustee 0.5 1.75 X 0 0 0 lenard tessler trustee 1.5 4.25 X 0 0 0 Dennis E Glazer Director 0.5 6.25 X 0 0 0 Richard C Dresdale Director 0.5 6.25 X 0 0 0 Rob J Speyer Director 0.5 1.75 X 0 0 0 Joel Stein MD Director thru 6/16 0.5 1.25 X 0 0 0 Lee S Ainslie III director 0.5 2.25 X 0 0 0 Gabrielle Bacon Director 0.5 1.25 X 0 0 0 Jessica bibliowicz director 0.5 1.25 X 0 0 0 Matthew fink director 0.5 1.25 X 0 0 0 Peter G Livanos director 0.5 1.75 X 0 0 0 Nancy Marks Director 0.5 1.25 X 0 0 0 Steven R Swartz Director 0.5 2.25 X 0 0 0 Elizabeth Tisch director 0.5 2.25 X 0 0 0 Glenn R Fuhrman director 0.5 1.25 X 0 0 0 Charles R Kaye director 0.5 2.25 X 0 0 0 Harrison T LeFrak director 0.5 1.31 X 0 0 0 Justin G Muzinich director 0.5 1.25 X 0 0 0 Holly Peterson director 0.5 1.25 X 0 0 0 Lawrence H Schwartz director 0.5 1.25 X 0 0 0 Stephen A Schwarzman director 0.5 1.25 X 0 0 0 Phyllis R Lantos president 3.0 57.0 X 0 2640133 57166 Gloria Reeg SVP & Chief Investment Officer 24.0 22.0 X 0 2226032 37645 Kathleen Burke VP board rel,Sec&assoc Counsel 1.0 59.0 X 0 371567 56976 Maxine Frank EVP, CLO & Gen'l Counsel 3.0 57.0 X 0 2903648 53303 Michael Breslin treasurer 9.0 51.0 X 0 847213 42646 William Lee SVP & Chief Investment officer 23.0 21.0 X 0 381928 12140 Mark Larmore former officer 0.0 0.0 X 0 462998 7053 0 17845980 555917 0 true true false Steven Kaen Technical Associates 3777 Independence Avenue BRONX NY 10463 Audo Visual support 691504 Communicor 629 East Keefe Avenue MILWAUKEE WI 53212 event support 533815 Better Technology Systems INc PO Box 246 CHAPPAQUA NY 10514 technology consult 434275 American Well Corporation 75 State Street BOSTON MA 02109 technology consult 609690 Allcomm Rentals LLC 1402 SW 13th Court POMPANO BEACH FL 33069 Audio visual support 527407 24 52349 2977261 147739834 38774569 150769444 RENTAL INCOME 532000 1495515 1495515 INSURANCE PREMIUMS 525100 69498081 69498081 70993596 19990163 2699626 17290537 0 0 0 0 0 176221120 66314119 169262863 6958257 66314119 73272376 73272376 4197304 2977261 2418367 1778937 1778937 0 0 0 0 0 0 0 316804516 70993596 2699626 92341850 84376518 84376518 2234109 2234109 0 0 3874682 1548874 2325808 0 9769451 1820210 7949241 819369 152662 666707 2945399 744949 2200450 1037081 255001 782080 485243 485243 381843 381843 123898 123898 0 577039 577039 2408447 2408447 1729185 1729185 0 885642 115345 770297 163474 137600 25874 0 945258 86905 858353 128593 26069 102524 0 87775 87775 0 0 127800 127800 66659082 66569389 89693 PRINTING&SUPPLIES 676722 676722 FUND RAISING EVENTS 1193869 1193869 MISCELLANEOUS 77440 9139 68301 181707919 153307816 8385878 20014225 19502292 36039284 83272787 54428736 447451696 402866779 0 0 0 0 0 0 0 0 0 0 0 0 3232641 2460102 900339 772539 425934279 431999784 1209554679 1315712802 112154838 133617069 0 0 91667280 75827569 2390438190 2451264562 222616 237377 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13325474 12030865 13548090 12268242 X 677570702 706505430 1486642550 1519774437 212676848 212716453 2376890100 2438996320 2390438190 2451264562 X 135096597 20835268 -93825645 X false true X true false X 183149879 306729477 148384331 184500313 150769444 973533444 0 0 183149879 306729477 148384331 184500313 150769444 973533444 132632346 840901098 14182600 17133982 26485672 22639892 19990163 100432309 0 0 0 0 0 0 0 1073965753 435599463 0.78299 0.76598 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1699319398 145300760 70348442 162212719 20300991 1732454890 1740973066 177839633 -21918714 178463589 19110998 1699319398 1719059154 139972196 52086074 151324519 18819839 1740973066 1431130132 293697384 138520154 126661856 17626660 1719059154 1299574561 174408475 82635852 109667188 15821568 1431130132 0.12280 0.87720 false false 3232641 2460102 772539 772539 COMMON COLLECT/TRUSTS 519866442 F PRIVATE EQUITY 250518000 F REAL ASSET INVESTMENT 202738000 F HEDGE FUNDS 342590360 F 1315712802 INVESTMENT IN CAPTIVE INS COMP 133617069 F 133617069 0 ANNUITY PAYABLE 694252 CHARITABLE TRUST ANNUITY PAYAB 4400890 DUE TO RELATED ORGANIZATIONS 6935723 12030865 347174652 20835268 12809320 33644588 313530064 3274452 3274452 316804516 178433467 178433467 3274452 3274452 181707919 Pt XI Line 2d Equity in gain of insurance company: $12,809,320 Pt XI Line 4b Rental Income: $1,495,515 Gain from Fundraising events: $1,778,937 Total: $ 3,274,452 Pt XII Line 4b Rental Income: $1,495,515 Gain from fundraising events: $1,778,937 Total: $ 3,274,452 Part V, Line 4 Permanently restricted net assets have been restricted by donors to be maintained in perpetuity. Investments related to permanently restricted net assets are pooled with Fund Inc's other holdings and investment return or loss is allocated on a pro rata basis to each fund. gains/Losses on permanently restricted net assets that are limited to use expended for specific purposes are included in temporarily restricted net assets. gains/Losses without such restrictions are included in unrestricted net assets. Central America and the Caribbean Investments 312836132 Europe (Including Iceland and Greenland) Investments 23990481 North America Investments 296397 1 1 1 1 337123010 337123010 true false false false true false Line 3, column F Accrual method of accounting X X X X X X true Relationship Science FundRaising Counsel false 9000 The Advisory Board FundRaising Consultant false 36800 The JFM Group LLC Event Mgmt Svcs false 3646896 110839 3536057 Community Counselling Serv's FundRaising counsel false 395400 eidolon communications inc FundRaising counsel false 25000 3646896 577039 3536057 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY Gala 3646896 1429396 2217500 51207 460863 378260 735055 Plates for Kids 1354188 646188 708000 16971 152744 117891 5 2173481 901677 1271804 13471 21322 271644 16840 182099 7174565 2977261 4197304 13471 89500 885251 395100 1035045 2418367 1778937 Part I, Line 2b The following have agreements that provided for the payment of fees and other fundraising expenses: 1) Relationship Science: $9,000 is an annual fee. 2) The Advisory Board: $36,800 is an Annual fee. 3) The JFM Group LLC: services Totaled $110,000. 4) Community Counselling Services co, llc: $395,400 is an annual fee. 5) Eidolon Communications, Inc: $25,000 is an annual fee. true The New York and Presbyterian Hospital 525 East 68th Street New York NY 10065 133957095 501(C)(3) 191703506 Healthcare Weill Cornell Medical College 1330 YOrk Avenue New York NY 10065 150532082 501(c)(3) 24630 Healthcare 2 0 Waived Hospital fees and charges 2069 2234109 Part I, Line 2 The funds administered to The New York Presbyterian Hospital represent expenses incurred by the Hospital which meet the requirements of specific donor-restricted contributions. true true false false false false false false false Herbert Pardes Trustee 0 837237 0 910363 0 517045 0 34449 0 26714 0 2325808 0 0 Phyllis R Lantos president 0 968564 0 922949 0 748620 0 26633 0 30533 0 2697299 0 338195 Mark Larmore former officer 0 0 0 0 0 462998 0 7053 0 0 0 470051 0 22998 Gloria Reeg SVP & Chief Investment Officer 0 1224645 0 0 0 1001387 0 15875 0 21770 0 2263677 0 77539 Kathleen Burke VP board rel,Sec&assoc Counsel 0 290519 0 69723 0 11325 0 34449 0 22527 0 428543 0 0 Maxine Frank EVP, CLO & Gen'l Counsel 0 907685 0 766872 0 1229091 0 26862 0 26441 0 2956951 0 230197 Steven J Corwin Trustee 0 1811553 0 1884904 0 2051359 0 201786 0 26039 0 5975641 0 261884 Michael Breslin treasurer 0 608143 0 153632 0 85438 0 13780 0 28866 0 889859 0 0 William Lee SVP & Chief Investment officer 0 335373 0 18500 0 28055 0 0 0 12140 0 394068 0 0 Part VII & Schedule J, supplemental Information New York-Presbyterian Fund Inc. (the "Corporation") has no employees. Certain individuals identified herein as Officers, Key employees and Highest Compensated Employees of the Corporation are employed and compensated by a related organization, The New York and Presbyterian Hospital (the "Hospital"). These individuals perform services for the Corporation, and in some cases other related organizations, by arrangement between the Hospital and such organization(s). The officers and key employees identified in Part VII are responsible for executing the mission and management of The New York and Presbyterian Hospital (NYP) and its affiliated entities. Compensation for 2016 of these upper level executives includes the payout of an annual incentive plan and a long-term incentive plan. This performance-oriented program conditions payments upon the achievement of multiple individual and group performance measures. Measures to monitor performance include: operational and financial strength, patient quality and safety, patient satisfaction, advancement of patient care, and people development and partnership. Incentive awards may only be granted if the organization achieves a financial surplus. Even if all relevant performance measurements are achieved, the NYP Board of Trustees retains full discretion to make or not make any incentive awards, or to reduce the amount of any incentive award. This initiative is critical to assuring that NYP has the requisite leadership to create and manage a highly motivated and engaged workforce, to drive superior performance throughout the organization and to achieve top tier medical center status. As a separate matter, due to restrictions imposed by the Internal Revenue Code, upper level executives are limited in the amount of benefits received under a tax-qualified retirement plan. Like many employers, NYP supplements these executives' pension benefits through a supplemental ("nonqualified") retirement plan. The supplemental executive retirement plan (SERP) is subject to a multi-year vesting requirement (commencing after five years of participation in the SERP, in prorated amounts through age 65) which places an executive's supplemental retirement benefit at risk of forfeiture if the vesting requirements are not satisfied. Once vested, however, provisions of the Internal Revenue Code require that the vested executive include in current income the value of his or her vested supplemental retirement benefit. Notwithstanding the legal requirement to recognize the vested value of the supplemental retirement benefit as current income, the supplemental retirement benefit will not be distributed to the executive until the executive actually retires from NYP (although, as permitted by the Internal Revenue Code, the supplemental retirement plan will effect a distribution of an amount necessary to satisfy the executive's tax liability resulting from the income recognition upon vesting). As noted, this supplemental retirement benefit will not be distributed to the executive until the executive actually retires from NYP. There are constantly changing legal, tax, accounting, and public disclosure rules for a SERP (supplemental executive retirement plan) in not-for-profit organizations. The executive Compensation Committee continuously monitors these changes and incorporates any changes into the overall SERP plan design. As in past years, the executive Compensation Committee of NYP requires a third party to complete a review of the organization's compensation program to ensure its effectiveness in terms of government regulations, market conditions and the need to continually elevate organizational performance. The report also serves to meet the regulatory obligations to ensure that all elements of the executive compensation programs are reasonable. Each of the officers and key employees listed devotes an average of sixty hours per week to perform his or her responsibilities for the reporting entity and other related organizations in the aggregate. Part I, Line 4a: Severance Payment: Mark Larmore received severance 440,000. Part I, Line 4B: Participated in supplemental nonqualified retirement plan: Steven Corwin : 168,034 Supplemental nonqualified retirement plan as reported on the w-2: Phyllis Lantos : 566,305 Mark Larmore : 22,998 Maxine Frank :1,073,563 Herbert Pardes : 219,333 Steven Corwin :1,551,039 Gloria Reeg : 848,748 Coatue Management LLC Founder/Ceo, Philippe Laffont Trustee 668519 Investment Management fees false X 1 14200 apprasial X 183 38760358 Mean Price X Various Miscellaneous items 2 11 item value $1 each 3 false true true Part I, Line 32b: Committee members and volunteers solicit auction items, goody bag favors, etc. We have a capital management department at the custodian that receives donated stock on our behalf. They immediately sell the stock and send proceeds to Fund Inc. Part I, Column B: The number of contributions is determined by the number of seperate contributions made. Part VI Section A, Line 2: Jeffrey W Greenberg and Maurice R Greenberg have a family relationship. Jerry Speyer and Rob Speyer have a family relationship. Arthur Samberg and John mack have a business relationship. John Merow and H. Rodgin Cohen have a business relationship. Ellen Marram and John Merow have a business relationship. Leonard Wilf and Jerry Speyer have a business relationship. Seymour Sternberg and John Thain have a business relationship. stephen ross and bruce anthony beal have a business relationship. Steven Swartz and Frank Benneck have a business relationship. Roger Altman and John Weinberg have a business relationship. Ellen Marram and John Weinberg have a business relationship. Part VI Section B, LINE 11A & B: Finance coordinated and completed all of the information required for Form 990, accessing various resources including, legal, human resources, development, and other departments as needed. Senior Finance executives complete a review of the return in conjunction with, Ernst & Young U.S. LLP, paid preparer, prior to submission to the Audit and Corporate Compliance Committee of the Board. A copy of the 990 is sent to the Committee for review and approval at the audit and corporate compliance committee meeting preceding the filing. The Audit and Corporate Compliance Committee recommends to the Executive Committee and/or the Full Board of Trustees for their approval. A copy of the Form 990 was made available to the governing body at the Board of Trustee's meeting preceding the filing. The Hospital files the 990 upon final approval. Part VI Section B line 12C: New York-Presbyterian Fund Inc. adheres to a conflict of interest (COI) policy that has been adopted by the New York and Presbyterian Hospital. This policy was approved by the Audit and Corporate Compliance Committee of the Board of Trustees. The policy states in part: "Each Board Member, Officer or Key Person of a New York-Presbyterian Organization shall complete a conflict of interest questionnaire prior to becoming a Board Member, Officer or Key Person of the New York-Presbyterian Organization and annually thereafter." The policy also states that "each Board Member, Officer, or Key Person shall promptly advise the Chief Executive Officer of the New York and Presbyterian Hospital, or his or her designee, of any changes to the information provided in that individual's last completed conflict of interest questionnaire." The Chief Executive Officer of New York-Presbyterian Hospital, or his or her designee, shall review all completed questionnaires and all subsequent advice of changes and shall take such action as is deemed appropriate to eliminate potentials for conflicts of interest, including such steps as reassignment of responsibilities or establishment of protective arrangements. All disclosures of interests in completed questionnaires or subsequent advice, unless clearly irrelevant or immaterial, shall be compiled and reported by management to the Audit and Corporate Compliance Committee of the Board of New York- Presbyterian Hospital, together, in each case, with response or recommendation of management. The Audit and Corporate Compliance Committee shall determine whether the reported resolution of issues raised by the disclosures is satisfactory and, if not, shall require such further action as it deems appropriate. Part VI, Section B, Line 15A & B: New York Presbyterian Fund, Inc. (the "Corporation") has no employees. Certain individuals identified herein as officers, key employees and highest paid employees of the Corporation are employed and compensated by a related organization, The New York and Presbyterian Hospital (the "Hospital"). These individuals perform services for the Corporation, and in some cases other related organizations, by arrangement between the Hospital and such organization(s). As set forth in Schedule R, the Corporation and the Hospital are related organizations. The Executive Compensation process at New York Presbyterian (NYP) is administered by a committee of independent trustees. They follow a Board-approved charter and overall executive compensation philosophy. The charter empowers the NYP Board Compensation Committee to administer the executive compensation program and process on behalf of the full Board of Trustees of NYP. Overall, the philosophy is intended to reward a broad spectrum of high organizational and predetermined, measurable individual performance expectations, as well as to foster the retention of key management talent. NYP's executive compensation philosophy is focused on establishing a performance - oriented philosophy and pay strategy designed to attract, retain and reward top talent. To fulfill their responsibility, the Committee also reviews information from multiple sources of market data. One such market definition is a stable group of large health care systems of similar scale and circumstances. Additional information from not-for-profit systems, for-profits systems and comparably sized publically-traded health care facilities is also used. They use this additional information to support their decisions regarding on-going administration of the program. The Compensation Committee is comprised of independent members of the Board. They meet three to four times per year and make all critical decisions in executive session. These decisions are documented in minutes which are approved in subsequent meetings. The Committee is empowered to, and does, engage outside counsel and consulting support. The above described Executive Compensation Process is an ongoing process, applied annually on a calendar year basis, to all vice presidents, senior vice presidents, group senior vice presidents, executive vice presidents, as well as the chief executive officer and president. Compensation for 2016 of these upper level executives includes the payout of an annual incentive plan and a long-term incentive plan. This performance-oriented program conditions payments upon the achievement of multiple individual and group performance measures. Measures to monitor performance include: operational and financial strength, patient quality and safety, patient satisfaction, advancement of patient care, and people development and partnership. Incentive awards may only be granted if the organization achieves a financial surplus. Even if all relevant performance measurements are achieved, the NYP Board of Trustees retains full discretion to make or not make any incentive awards, or to reduce the amount of any incentive award. This initiative is critical to assuring that NYP has the requisite leadership to create and manage a highly motivated and engaged workforce, to drive superior performance throughout the organization and to achieve top tier medical center status. Part VI, Section C, Line 19: External requests for our governing documents, conflict of interest policy, and financial statements are reviewed for validity. These requests are then granted if deemed appropriate. Part XI, Line 9: Distribution to New York and Presbyterian Hospital: -107,351,618 Gain on equity in insurance company: $12,809,320 Transfer of Cotillion fund: $716,653 Total: -$93,825,645 New York-Presbyterian Foundation Inc 525 E 68th St Box 156 New York NY 10065 134153668 Support Org. NY 501(C)(3) 12 type I NA false The New York and Presbyterian Hospital 525 E 68th St Box 156 New York NY 10065 133957095 Healthcare NY 501(C)(3) 3 NYP FDN true ny Presbyterian Healthcare System Inc 525 E 68th St Box 156 New York NY 10065 133792361 sponsor NY 501(C)(3) 12 type III nyp fdn true Royal Charter Properties Inc 525 E 68th St Box 156 New York NY 10065 133158502 Real Estate NY 501(C)(3) 12 type II NYP FDN true Royal Charter Properties East Inc 525 E 68th St Box 156 New York NY 10065 133158496 Real Estate NY 501(c)(3) 12 type I nyp fdn true Royal Charter Properties-Westchester Inc 525 E 68th St Box 156 New York NY 10065 133160354 Real Estate NY 501(c)(3) 12 type II nyp fdn true Hospital for Special Surgery 535 E 70th St New York NY 10021 131624135 Healthcare NY 501(c)(3) 3 nyp fdn true ny gracie square hospital 420 east 76th st new york NY 10021 133746997 healthcare NY 501(c)(3) 3 nyp sys inc true the rogosin institute inc 505 east 70th st brooklyn NY 10021 133184198 dialysis/med NY 501(c)(3) 4 nyp sys inc true silvercrest center for nursing & rehab 144-45 87th ave jamaica NY 11435 112925535 nursing facil NY 501(c)(3) 10 nyp sys inc true preferred health network inc 525 east 68th st box 156 new york NY 10065 112964432 inactive NY 501(c)(3) 12 type I nyp sys inc true network recovery services inc 525 east 68th st box 156 new york NY 10065 113160901 collections NY 501(c)(3) 12 type III nyp sys inc true beekman staff residence 525 east 68th street box 156 new york NY 10065 132773085 real estate NY 501(c)(3) 12 type I nyp hospital true new york downtown hospital ccph 525 east 68th street box 156 new york NY 10065 113614596 fund/support NY 501(c)(3) 12 type I nyp hospital true the elizabeth blackwell foundation inc 525 east 68th street box 156 new york NY 10065 133344692 hlth svs info NY 501(c)(3) 12 type I nyp hospital true nyhb inc 506 sixth street brooklyn NY 11215 462486539 healthcare NY 501(c)(3) 12 type II nyp sys inc true NYP Community Services Inc 525 east 68th street box 156 new york NY 10065 463951535 healthcare NY 501(c)(3) 12 type I NYP Hospital true NYP Community Programs Inc 525 East 68th Street Box 156 New York NY 10065 472126668 Healthcare NY 501(c)(3) 12 type I NYP Hospital true NY COMMUNITY HOSPITAL OF BROOKLYN 525 E-68TH STREET BOX 156 NEW YORK NY 10065 111986351 HEALTHCARE NY 501(C)(3) 3 SYSTEM INC true NYP plan mang'tLLC 525 EAST 68TH ST ny NY 10065 134197527 inactive NY nyp hospital nyp Global Svc Inc 525 E 68th St Box 156 New York NY 10065 133845935 Inactive NY NYP Fund Inc C Corp. 0 0 1.00000 true New York-Presbyterian Global Inc 525 E 68th St Box 156 New York NY 10065 800336716 Inactive NY nyp Foundation C Corp. true NYP SERVICES INC 525 EAST 68TH ST BOX 156 NEW YORK NY 10065 061830524 INACTIVE NY nyp Foundation C CORP true harkness hall club inc 525 east 68th st new york NY 10065 133170488 inactive NY NYP hospital c corp true network insurance company ltd po box hm 1760 hamilton hm hx BD bermuda reinsurance BD nyp system inc foreign corp false Matilda Danziger Citibank NA 1 court square 17th F Long Island City NY 11120 133116825 beneficial In NY nyp fund inc Trust 15427 344921 1.00000 false edwin gould jp morgan po box 227237 dallas TX 752227237 136026308 beneficial in NY nyp fund inc trust 6628 143678 1.00000 false peter and esther jackson memorial trust bny mellon one wall st 23rd fl new york NY 10286 136078616 beneficial in NY nyp fund inc trust 58089 1091128 1.00000 false william strong BOA PO box 1323 Providence RI 02901 273565029 beneficial in NJ nyp fund inc trust 194076 3574742 1.00000 false helen swan citibank na one court square 17th long island city NY 11120 136052942 beneficial in NY nyp fund inc trust 247973 5277277 1.00000 false soc of ny hosp trust - philip woodward jp morgan po box 8708 wilmington DE 19899 136275362 beneficial in NY nyp fund inc trust 57034 1119371 1.00000 false edwin hoffritz opthalmology fbo ny hosp jp morgan chase PO Box 3038 Milwaukee WI 53201 136640228 beneficial in NY nyp fund inc trust 13749 238203 1.00000 false (9) Charitable Remainder Trusts Beneficial In nyp fund inc trust false (1) Pooled Income Fund Beneficial in NY NYP Fund Inc Trust false NYP Programs Inc 525 east 68th street Box 156 NEW YORK NY 10065 475351503 HEALTHCARE NY NYP FOUNDATION C CORP true false true false false false false false false false false false true true false false false false false true The New York and Presbyterian Hospital b 193962245 Cost The New York and Presbyterian Hospital l 62778285 Cost The New York and Presbyterian Hospital m 6286833 Cost The New York and Presbyterian Hospital s 716653 Cost Royal Charter Properties Inc m 71000 cost Part iv, page 3, line 1 the legal domicile for the 9 charitable remainder trusts are as follows: (3) New York, (5) Florida, (1) District of Columbia