NEW YORK METS FOUNDATION INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
NEW YORK METS FOUNDATION INC (EIN 13-6159029)
Tax period
2014-11-01 to 2015-10-31
Filed
2016-09-13
IRS object ID
201602579349300800
Schema version
2014v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-09-13T13:38:55-05:00ReturnTs
Tax Period End2015-10-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1345 Park AvenueAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP101540102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN136159029EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1New York Mets Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% LEONARD S LABITAInCareOfNm
Business Name ControlNEWYBusinessNameControlTxt
Phone7185076387PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CITI FIELDAddressLine1Txt
CityFLUSHINGCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11368ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID COHENPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone7185076387PhoneNum
Signature2016-09-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKPMG LLPPreparerPersonNm
PTINP01249521PTIN
Phone2127589700PhoneNum
Preparation2016-09-12PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal Officerjeffrey wilponPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1citi fieldAddressLine1Txt
CityflushingCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11368ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$613,166GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1963FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE NEW YORK METS FOUNDATION FUNDS AND PROMOTES A VARIETY OF EDUCATIONAL, SOCIAL AND ATHLETIC PROGRAMS AND OTHER CHARITABLE CAUSES THAT BENEFIT CHILDREN AND OTHERS IN NEED.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$794,255PYContributionsGrantsAmt
CY Contributions Grants$561,662CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$53,600PYOtherRevenueAmt
CY Other Revenue$51,504CYOtherRevenueAmt
PY Total Revenue$847,855PYTotalRevenueAmt
CY Total Revenue$613,166CYTotalRevenueAmt
PY Grants And Similar Paid$1,847,845PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,183,391CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$0PYOtherExpensesAmt
CY Other Expenses$0CYOtherExpensesAmt
PY Total Expenses$1,847,845PYTotalExpensesAmt
CY Total Expenses$1,183,391CYTotalExpensesAmt
PY Revenues Less Expenses-$999,990PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$570,225CYRevenuesLessExpensesAmt
Total Assets BOY$2,843,249TotalAssetsBOYAmt
Total Assets EOY$2,424,522TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,843,249NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,424,522NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE NEW YORK METS FOUNDATION FUNDS AND PROMOTES A VARIETY OF EDUCATIONAL, SOCIAL AND ATHLETIC PROGRAMS AND OTHER CHARITABLE CAUSES. FOR MORE INFORMATION, SEE SCHEDULE O.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$380,764ExpenseAmt
Grant$380,764GrantAmt
DescSUPPORT FOR SUBURBAN, SANDLOT, PAL & ROOKIE LEAGUES ENCOURAGE INVOLVEMENT IN AMATEUR ATHLETICS AND BASEBALL BY SUPPLYING ATHLETIC EQUIPMENT AND CONTRIBUTING FINANCIAL SUPPORT TO LITTLE LEAGUES, BASEBALL AND OTHER SPORTS RELATED ORGANIZATIONS, CAUSES AND SIMILAR GROUPS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$802,627ExpenseAmt
Grant$802,627GrantAmt
DescGRANTS TO OTHER CHARITABLE ORGANIZATIONS AND CAUSES INCLUDING COMMUNITY ORGANIZATIONS, SCHOLARSHIP FUNDS, PUBLIC PARKS IMPROVEMENT PROJECTS, VARIOUS SOCIAL SERVICE ORGANIZATIONS AND OTHER ORGANIZED CHARITIES THAT BENEFIT THE COMMUNITY AS A WHOLE.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,183,391TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnfalseAnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonLEONARD S LABITAPersonNm
Phone7185654338PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CITI FIELDAddressLine1Txt
CityflushingCityNm
State AbbreviationNYStateAbbreviationCd
ZIP11368ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
SAUL KATZ
TRUSTEE2.048.0Yes (X)$0$0$0
FRED WILPON
TRUSTEE2.048.0Yes (X)$0$0$0
JEFFREY WILPON
TRUSTEE/EXEC VP2.048.0Yes (X)$0$0$0Yes (X)
DAVID COHEN
SECRETARY2.048.0$0$0$0Yes (X)
MARK PESKIN
TREASURER2.048.0$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$174,492FundraisingAmt
All Other Contributions$387,170AllOtherContributionsAmt
Total Contributions$561,662TotalContributionsAmt
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$51,504FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$174,492ContriRptFundraisingEventAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$51,504TotalRevenueColumnAmt
Exclusion$51,504ExclusionAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$613,166TotalRevenueColumnAmt
Exclusion$51,504ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,183,391TotalAmt
Program Services$1,183,391ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,183,391TotalAmt
Program Services$1,183,391ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,843,249BOYAmt
EOY$2,424,522EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,843,249BOYAmt
EOY$2,424,522EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,934,794BOYAmt
EOY$1,441,687EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$908,455BOYAmt
EOY$982,835EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,843,249BOYAmt
EOY$2,424,522EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,843,249BOYAmt
EOY$2,424,522EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$570,225ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$151,498OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,846,479CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,961,830CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,115,691CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$794,255CurrentTaxYearMinus1YearAmt
Current Tax Year$561,662CurrentTaxYearAmt
Total$8,279,917TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,846,479CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,961,830CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,115,691CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$794,255CurrentTaxYearMinus1YearAmt
Current Tax Year$561,662CurrentTaxYearAmt
Total$8,279,917TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$4,368,213SubstantialContributorsTotAmt
Public Support Total170$3,911,704PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$8,279,917TotalSupportAmt
Gross Receipts Rltd Activities$51,504GrossReceiptsRltdActivitiesAmt
Public Support CY1700.47243PublicSupportCY170Pct
Public Support PY1700.54184PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
CY Minus3 Yr Endwmt FundCYMinus3YrEndwmtFundGrp
CY Minus4 Yr Endwmt FundCYMinus4YrEndwmtFundGrp
LandLandGrp
BuildingsBuildingsGrp
Leasehold ImprovementsLeaseholdImprovementsGrp
EquipmentEquipmentGrp
Other Land BuildingsOtherLandBuildingsGrp
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt
Total Liability$0TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$764,664TotalRevEtcAuditedFinclStmtAmt
Other Revenue$151,498OtherRevenueAmt
Revenue Not Reported$151,498RevenueNotReportedAmt
Revenue Subtotal$613,166RevenueSubtotalAmt
Total Revenue Per Form990$613,166TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,183,391TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$1,183,391ExpensesSubtotalAmt
Total Expenses Per Form990$1,183,391TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART X, LINE 2TAX FOOTNOTE THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE") AND QUALIFIED FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN THE CODE. NEVERTHELESS, INCOME FROM ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S EXEMPT PUBLIC PURPOSE WOULD BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE FOUNDATION HAD NO UNRELATED BUSINESS INCOME. THE TAXPAYER OPERATES UNDER THE CASH BASIS, AND THEREFORE, DOES NOT HAVE A LIABILITY FOR UNCERTAIN TAX POSITION ON THE BALANCE SHEET. THE FOUNDATION IS NOT AWARE OF ANY MATERIAL UNCERTAIN TAX POSITIONS.
SCHEDULE D, PART XI, LINE 2DRECONCILIATION OF REVENUE PER 990 TO AUDITED FINANCIAL STATEMENTS $151,498 RECOVERIES OF PRIOR YEAR INVESTMENT LOSSES

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1WELCOME HOME DEvent1Nm
Gross Receipts Event1$225,996GrossReceiptsEvent1Amt
Charitable Contri Event1$174,492CharitableContriEvent1Amt
Gross Revenue Event1$51,504GrossRevenueEvent1Amt
Other Events Total0OtherEventsTotalCnt
Gross Receipts Total$225,996GrossReceiptsTotalAmt
Charitable Contributions Tot$174,492CharitableContributionsTotAmt
Gross Revenue Total Events$51,504GrossRevenueTotalEventsAmt
Net Income Summary$51,504NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule G, Part II, Lines 4-9FormAndLineReferenceDesc
ExplanationFundraising Event Expenses ALL FUND-RAISING COSTS RELATED TO THE WELCOME HOME DINNER WERE PAID BY A RELATED ORGANIZATION.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (40 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
Leukemia & Lymphoma Society
1972 Innerbelt Bus CTR DrSt LouisMO63114135644916501(C)(3)$174,504Community Support
Jackie Robinson Foundation
75 Varick StreetNew YorkNY100131917132896345501(C)(3)$175,000Supporting Amateur/ Youth Athletics
North Shore LIJ
972 Brush Hollow RDWestburyNY11590111562701501(C)(3)$171,874Community Support
Hospital for Special Surgery
535 East 70th StreetNew YorkNY10021136714749501(C)(3)$12,500Community Support
David Wright Foundation
81 Pondfield Road 327BronxvilleNY10708203642458501(C)(3)$58,165Community Support
NYC Police Foundation
555 Fifth AvenueNew YorkNY10017132711338501(C)(3)$32,500Community Support
Harlem RBI
333 East 100th StreetNew YorkNY10029134025290501(C)(3)$25,620Supporting Amateur/ Youth Athletics
Mayors Fund to Advance NYC
253 BroadwayNew YorkNY10007133783906501(C)(3)$10,000Community Support
Prospect Park Alliance
95 Prospect Park WestBrooklynNY11215112843763501(C)(3)$25,000SUPPORT EDU & SOCIAL PGMS
Greater NY Sandlot Athletic Association
444 Middle Neck Rdgreat neckNY11023522110073$18,725Supporting Amateur/ Youth Athletics
Joe Torre Safe At Home
FoundationNew YorkNY10018030442514501(C)(3)$15,000SUPPORT EDU & SOCIAL PGMS
AHRC NEW YORK CITY FOUNDATION INC
83 Maiden LaneNew YorkNY10038133779611501(C)(3)$7,500COMMUNITY SUPPORT
Baseball Assistance Team
245 Park AvenueNew YorkNY10167133355155501(C)(3)$18,735Supporting Amateur/ Youth Athletics
March of Dimes
1275 Mamaroneck AveWhite PlainsNY10605131846366501(C)(3)$11,250Community Support
Anti-Defamation League
605 Third AvenueNew YorkNY10158131818723501(C)(3)$10,000Community Support
Celebrities for Kids
50 Kindred StreetStuartFL34994650816045501(C)(3)$8,860COMMUNITY SUPPORT
The Viscardi Center
201 I U Willets RdAlbertsonNY11507111814883501(C)(3)$15,000COMMUNITY SUPPORT SOCIAL PGMS/EDU
Special Olympics Connecticut
2666 State StreetHamdenCT065172232237099756501(C)(3)$7,700Supporting Amateur/ Youth Athletics
American Cancer Society
250 Williams Street NWAtlantaGA30303131788491501(C)(3)$9,300Community Support
Tuesday's Children
10 Rockefeller PlazaNew YorkNY10020522347446501(C)(3)$10,000Community Support
Rusty Staub Foundation
Lasorsa Billi PcPeabodyMA01960133340651501(C)(3)$8,000SUPPORTING AMATEUR/ YOUTH ATHLETICS
JDRF INTERNATIONAL
26 BroadwayNew YorkNY10004231907729501(C)(3)$10,000Community Support
Professional Baseball Scouts Foundation
Haber CorpEncinoCA91436481294418501(C)(3)$6,500Supporting Amateur/ Youth Athletics
FDNY Foundation
9 MetroTech CenterBrooklynNY11201112632404501(C)(3)$8,500Community Support
American Heart Association
7272 Greenville AvenueDallasTX75231135613797501(C)(3)$5,860Community Support
14 PLUS FOUNDATION
14 WALL STREETNEW YORKNY10005455559740501(C)(3)$5,200COMMUNITY SUPPORT
WOMEN IN SPORTS & EVENTS
244 fifth avenuenew yorkNY10001134119533501(C)(3)$6,500COMMUNITY SUPPORT
CRADLE BEACH CAMP INC
8044 LAKE SHORE ROADangolaNY14006160743025501(C)(3)$6,600COMMUNITY SUPPORT
THE HELP USA FUND INC
5 HANOVER SQUARE 17TH FLNEW YORKNY10004133770118501(C)(3)$7,010COMMUNITY SUPPORT
CITIZEN'S BUDGET COMMISSION
2 PENN PLAZA 5TH FLNEW YORKNY10121130576141501(C)(3)$7,250COMMUNITY SUPPORT
DUNKIN BRANDS COMMUNITY FOUNDATION
130 ROYALL STREET 2WACANTONMA02021260593784501(C)(3)$8,792COMMUNITY SUPPORT
CHILDREN'S HOSPITAL OF THE KING'S DAUGHTERS
601 CHILDRENS LANENORTFOLKVA23507540506321501(C)(3)$10,000COMMUNITY SUPPORT
THE BATTERY CONSERVANCY
ONE WHITEHALL STREET 17TH FLNEW YORKNY10004133769101501(C)(3)$10,000COMMUNITY SUPPORT
NATIONAL SEPTEMBER 11TH MEMORIAL & MUSEUM
200 LIBERTY STREET 16TH FLNEW YORKNY10281383678458501(C)(3)$12,800SUPPORT EDU & SOCIAL PGMS
New York Hall of Science
4701 111th StreetcoronaNY11368112104059501(C)(3)$30,000SUPPORT EDU & SOCIAL PGMS
USO OF METROPOLITAN NY
270 Madison Avenue 12th FLnew yorkNY10016132500122501(C)(3)$47,500community support
NIKE INC
one bowerman drivebeavertonOR97005930584541$5,156SUPPORTING AMATEUR/ YOUTH ATHLETICS
UNIVERSITY OF MICHIGAN
500 S State StreetAnn ArborMI48109386006309501(C)(3)$15,000SUPPORTING AMATEUR/ YOUTH ATHLETICS
CITIZEN'S UNION FOUNDATION
299 BroadwayNEW YORKNY10007135549188501(C)(3)$11,250SUPPORTING AMATEUR/ YOUTH ATHLETICS
MLB players alumni association
1631 Mesa ave no dcolorado springsCO80906521276284501(C)(3)$5,833SUPPORTING AMATEUR/ YOUTH ATHLETICS
FieldValueIRS element (for citing)
Total501c3 Org38Total501c3OrgCnt
Total Other Org2TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PART I, LINE 2FormAndLineReferenceDesc
ExplanationPROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. TRUSTEES REVIEW AND APPROVE ALL GRANTS AND SIGN ALL CHECKS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1ORGANIZATION MISSION THE NEW YORK METS FOUNDATION FUNDS AND PROMOTES A VARIETY OF EDUCATIONAL, SOCIAL AND ATHLETIC PROGRAMS AND OTHER CHARITABLE CAUSES THAT BENEFIT CHILDREN AND OTHERS IN NEED. A REGISTERED 501(C)(3) CHARITY, THE METS FOUNDATION TAKES NO PORTION OF THE FUNDS RAISED TO OFFSET INTERNAL COSTS. RELATED ORGANIZATIONS PAY 100% OF THE FOUNDATION'S OVERHEAD TO ENSURE THAT THE ENTIRETY OF A DONATION IS DIRECTED TOWARD HELPING OTHERS.
FORM 990, PART VI, LINE 2BUSINESS & FAMILY RELATIONSHIPS THE FOLLOWING TRUSTEES HAVE A FAMILY RELATIONSHIP: FRED WILPON, JEFFREY WILPON, AND SAUL KATZ THE FOLLOWING TRUSTEES AND CORPORATE OFFICERS HAVE A BUSINESS RELATIONSHIP: FRED WILPON, JEFFREY WILPON, SAUL KATZ, MARK PESKIN AND DAVID COHEN
FORM 990, PART VI, LINE 8BCOMMITTEE MEETING DOCUMENTATION LINE 8B IS NOT APPLICABLE, AS THE BOARD OF TRUSTEES DOES NOT HAVE SEPARATELY IDENTIFIED COMMITTEES.
FORM 990, PART VI, LINE 11FORM 990 REVIEW FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM UTILIZING INFORMATION PROVIDED BY MANAGEMENT. PRIOR TO FILING WITH THE IRS, RETURNS ARE REVIEWED BY MANAGEMENT AND BOTH THE SECRETARY AND TREASURER OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, LINE 19DOCUMENT AVAILABILITY THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9OTHER CHANGES IN NET ASSETS $ 151,498 RECOVERIES OF PRIOR YEAR INVESTMENT LOSSES

Schedule R IRS990ScheduleR

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxt
STERLING METS LP
CITI FIELDFLUSHINGNY11368112834957BASEBALLNYNAN/A
STERLING EQUITIES ASSOCIATES LLC
111 GREAT NECK ROADGREAT NECKNY11021132749022REAL ESTATENYNAN/A
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (true)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

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