2016-11-15T16:45:39-06:00 2015-12-31 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2015-01-01 134020446 NYC & COMPANY FOUNDATION INC NYC& 2124841255 810 SEVENTH AVENUE 3RD FLOOR NEW YORK NY 10019 BRYAN GRIMALDI TREASURER 2124841255 2016-11-15 1 GARRETT M HIGGINS P00543209 2128678000 2016-11-15 2015 2017-02-10 21:41:12Z FRED DIXON 810 SEVENTH AVENUE 3RD FLOOR NEW YORK NY 10019 701785 0 X N/A X 1998 NY TO SUPPORT AND PROMOTE NEW YORK CITY'S CULTURAL INSTITUTIONS, HISTORIC LANDMARKS, AND HERITAGE ORGANIZATIONS AND SITES, WITH A VIEW TO BENEFIT THE COMMUNITY AND ENHANCE THE CITY'S WORLDWIDE IMAGE. 2 1 0 1 0 0 614800 640960 3600 3625 0 0 -106375 -114621 512025 529964 275713 342600 0 0 0 0 0 0 0 360007 487850 635720 830450 -123695 -300486 850746 812631 82525 344896 768221 467735 X TO SUPPORT AND PROMOTE NEW YORK CITY'S CULTURAL INSTITUTIONS, HISTORIC LANDMARKS, AND HERITAGE ORGANIZATIONS AND SITES, WITH A VIEW TO BENEFIT THE COMMUNITY AND ENHANCE THE CITY'S WORLDWIDE IMAGE. 0 0 279250 279250 BOROUGH GRANT PROGRAM/CONTRIBUTIONS:CONTRIBUTING MONEY TO SPECIFIC COMMUNITY PROGRAMS IN NEW YORKCITY'S FIVE BOROUGHS WHICH CAN DRIVE TOURISM. TYPICAL ANNUALCONTRIBUTION CIRCA $200-$250K FUNDING UP TO 20 PROGRAMS. 144845 RESEARCH PROJECTS:NYC & CO FOUNDATION PRODUCES REPORTS AND FACT SHEETS ON THE CITY'S TOURISM, WHICH ARE PUBLIC RECORD. THE FOUNDATION ALSO COMMISSIONS SURVEYS AND WORKS WITH RESEARCH ORGANIZATIONS TO ASSESS THE ECONOMIC IMPACT OF TOURISM ON THE CITY. 63350 63350 EDUCATION AND CHARITABLE ORGANIZATION CONTRIBUTIONS:THE FOUNDATION ADMINISTERS A GRANT PROGRAM TO ASSIST NEW YORKCITY'S NON PROFIT ARTS AND CULTURAL ORGANIZATIONS IN THEDEVELOPMENT OF CULTURAL TOURISM RELATED PROJECTS DESIGNED TOATTRACT VISITORS. THE FOUNDATION FOCUSES ON EDUCATING DOMESTIC ANDINTERNATIONAL MARKETS ABOUT THE CULTURAL OPPORTUNITIES AVAILABLETHROUGHOUT NEW YORK CITY. THE FOUNDATION ALSO MAKE CONTRIBUTIONSTO OTHER 501(C)(3) ORGANIZATIONS TO SUPPORT THEIR ORGANIZATION'SMISSION AND SCHOLARSHIPS FUNDS. 61105 3625 Z-CARDS/CULTURE SPOT:PROVISION OF FREE FOLD OUT MAPS ('Z-CARDS') TO LOCAL RESIDENTS ANDTOURISTS HIGHLIGHTING THE CITY'S CULTURAL INSTITUTIONS ANDOPPORTUNITIES AND HOW TO GET TO THEM. TYPICAL COST CIRCA $100K. 61105 3625 548550 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 0 0 0 0 0 0 1 1 0 0 0 0 X 2 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X KEVIN BOOTH 2124841200 810 SEVENTH AVENUE 3RD FLOOR NEW YORK NY 10019 FRED DIXON PRESIDENT 1.00 39.00 X X 0 356540 23846 HAROLD HOLZER DIRECTOR 1.00 X 0 0 0 BRYAN GRIMALDI SECRETARY & TREASURER 1.00 39.00 X 0 278765 39616 0 635305 63462 0 0 1 0 ALON MARKETING GROUP 11 ALEXANDER AVENUE FARMINGDALE NY 11735 BOROUGH DEVELOPMENT CONSULTING 116125 1 635800 5160 640960 CULTURAL PROMOTIONS 900099 3625 3625 3625 57200 635800 171821 -114621 -114621 529964 3625 0 -114621 X 342600 342600 150000 150000 11100 11100 116125 116125 4675 4675 RESEARCH STUDIES 144845 144845 CULTURAL PROMOTIONS 61105 61105 830450 548550 281900 0 817747 515631 32850 241000 149 56000 850746 812631 32733 59569 49792 285327 82525 344896 X 768221 467735 768221 467735 850746 812631 -300486 0 X X 0 1 X 1 0 X 605800 75000 1658225 614800 640960 3594785 605800 75000 1658225 614800 640960 3594785 332610 3262175 845 105 950 3595735 14233 0.90720 0.95740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO NYC & COMPANY 285327 285327 X 701785 171821 171821 529964 0 529964 1002271 171821 171821 830450 0 830450 PART X, LINE 2: U.S. GAAP REQUIRES EVALUATION OF TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNITION OF A LIABILITY IN THE FINANCIAL STATEMENTS IF THE FOUNDATION HAS TAKEN UNCERTAIN TAX POSITIONS THAT MORE LIKELY-THAN-NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. AS OF DECEMBER 31, 2015, THE FOUNDATION HAS DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2014, TAX YEARS FOR ALL YEARS SINCE DECEMBER 31, 2012 REMAIN OPEN TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSE REPORTED ON PART VIII, LINE 8B 171,821. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING DIRECT EXPENSE REPORTED ON PART VIII, LINE 8B 171,821. GALA 693000 635800 57200 102975 68846 693000 635800 57200 102975 68846 171821 -114621 1 ALLIANCE FOR CONEY ISLAND INC 1205 SURF AVENUE BROOKLYN NY 11224 460802042 501 (C)(3) 26500 BOROUGH CULTURE GRANT- TO SUPPORT CULTURAL-TOURISM MARKETING/DEVELOPMENT INITIATIVES BIG APPLE GREETER 1 CENTRE STREET NEW YORK NY 10007 133733413 501 (C)(3) 20000 GENERAL DONATION BRONX OVERALL ECONOMIC DEVELOPMENT CORP 851 GRAND CONCOURSE SUITE 123 BRONX NY 10451 133079387 501 (C)(3) 38250 BOROUGH CULTURE GRANT- TO SUPPORT CULTURAL-TOURISM MARKETING/DEVELOPMENT INITIATIVES CITY PARKS FOUNDATION 830 FIFTH AVENUE NEW YORK NY 10065 133561657 501 (C)(3) 57000 VOLUNTEER DAY GRANT AND BOROUGH CULTURE GRANT- HARLEM WEEK INC 200 A WEST 136TH STREET NEW YORK NY 10030 133058019 501 (C)(3) 8750 HARLEM WEEK 2015 SCHOLARSHIP ONE BROOKLYN FUND INC 209 JORALEMON STREET BROOKLYN NY 11201 465189061 501 (C)(3) 94750 BOROUGH CULTURE GRANT- TO SUPPORT CULTURAL-TOURISM MARKETING/DEVELOPMENT INITIATIVES QUEENS ECONOMIC DEVELOPMENT CORP 120-55 QUEENS BOULEVARD SUITE 309 KEW GARDENS NY 11424 112436149 501 (C)(3) 20000 BOROUGH CULTURE GRANT- TO SUPPORT CULTURAL-TOURISM MARKETING/DEVELOPMENT INITIATIVES SNUG HARBOR CULTURAL CENTER& BOTANICAL GARDEN 1000 RICHMOND TER STE 1 STATEN ISLAND NY 10301 800193388 501 (C)(3) 11850 BOROUGH CULTURE GRANT- TO SUPPORT CULTURAL-TOURISM MARKETING/DEVELOPMENT INITIATIVES 8 0 PART I, LINE 2: CRITERIA USED TO AWARD THE GRANTS OR ASSISTANCE- THERE ARE GUIDELINES FOR PROPOSAL SUBMISSION, WHICH INCLUDE PROJECT BUDGET FOR BOROUGH GRANTS AND ALL APPLICATIONS MUST INCLUDE THE APPLICANT ORGANIZATION'S 501(C)3 TAX EXEMPT CERTIFICATION. PROCEDURES FOR MONITORING THE USE OF THE GRANT FUNDS- ALL GRANTEES MUST SUBMIT A POST PROGRAM REPORT DETAILING THE USE OF THE FUNDS. 0 0 0 0 0 0 0 0 0 FRED DIXON PRESIDENT 0 356090 0 0 0 450 0 7950 0 15896 0 380386 0 0 BRYAN GRIMALDI SECRETARY & TREASURER 0 253315 0 25000 0 450 0 7950 0 31666 0 318381 0 0 PART I, LINE 3 THE COMPENSATION OF THE PRESIDENT IS DETERMINED BY BOARD OF NYC & COMPANY, INC. (PARENT). THE BOARD VOTE ON THE EMPLOYMENT, COMPENSATION AND OTHER TERMS AND CONDITIONS OF EMPLOYMENT, OF THE PRESIDENT. COMPENSATION DATA FROM SIMILARLY SITUATED NON-PROFIT ORGANIZATIONS IS UTILIZED AS PART OF THE REVIEW PROCESS. THE MEETINGS OF THE COMPENSATION COMMITTEE ARE CONTEMPORANEOUSLY DOCUMENTED. THIS PROCESS WAS LAST COMPLETED IN 2015. FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION HAS AN ARRANGEMENT WITH NYC & COMPANY, INC, A RELATED NON-PROFIT ORGANIZATION, WHEREBY CERTAIN ADMINISTRATIVE SERVICES ARE PROVIDED TO THE FOUNDATION BY NYC & COMPANY EMPLOYEES. THE FOUNDATION WAS CHARGED $150,000 FOR SUCH SERVICES. FRED DIXON, PRESIDENT, AND BRYAN GRIMALDI, SECRETARY AND TREASURER, WERE COMPENSATED BY NYC & COMPANY, INC. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED BY THE PRESIDENT AND CIRCULATED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS, OFFICERS, AND EMPLOYEES OF NYC & COMPANY FOUNDATION ARE REQUIRED TO DISCLOSE IN WRITING ANY DIRECT OR INDIRECT FINANCIAL INTEREST THAT HE OR SHE HAS OR REASONABLY EXPECTS TO HAVE IN ANY PROPOSED OR EXISTING CONTRACT OR TRANSACTION WITH THE ORGANIZATION, OR IN ANY MATTER UNDER CONSIDERATION BY THE ORGANIZATION. ANY WRITTEN DISCLOSURE AND THE RESOLUTION IS TO BE DOCUMENTED IN ORGANIZATION RECORDS, INCLUDING MINUTES OF ANY MEETING WHERE THE CONFLICT IS DISCUSSED OR VOTED ON. AN INTERESTED BOARD MEMBER, OFFICER, OR STAFF MEMBER SHALL NOT PARTICIPATE IN ANY DISCUSSION OR DEBATE OF THE BOARD OF DIRECTORS, OR OF ANY COMMITTEE OR SUBCOMMITTEE THEREOF IN WHICH THE SUBJECT OF DISCUSSION IS A CONTRACT, TRANSACTION, OR SITUATION IN WHICH THERE MAY BE A PERCEIVED OR ACTUAL CONFLICT OF INTEREST. INDIVIDUALS ARE REQUIRED TO FILL OUT, SIGN AND DATE AN "ANNUAL CONFLICTS QUESTIONNAIRE." FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 IS ALSO AVAILABLE AT GUIDESTAR.ORG FORM 990, PART IX, LINE 11G BOROUGH DEVELOPMENT CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 116,125. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 116,125. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. NYC & COMPANY INC 810 SEVENTH AVENUE - THIRD FLOOR NEW YORK NY 10019 135531178 PROMOTION NY 501(C)(6) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0