2016-06-09T16:39:43-07:00 2015-06-30 990 2014-07-01 133055729 WOODLAWN FOUNDATION INC WOOD 9146323778 56 Harrison Street - Suite 401 New Rochelle NY 108016560 Arthur Kim Rivera Treasurer 9146323778 2016-06-09 2014 2016-08-17 19:52:53Z Timothy C Hogan 139 East 34th Street New York NY 100164704 37471318 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. 13 10 7 0 0 0 10387676 29552151 119623 82362 1406198 1858257 0 2542 11913497 31495312 17123959 13336112 0 0 310940 309162 13048 12515 114748 885506 1301788 18333453 14959577 -6419956 16535735 23544600 43450032 1927916 4323864 21616684 39126168 Woodlawn Foundation Inc. solicits contributions and provides grants to nonprofit organizations that receive pastoral care from the Catholic Prelature of Opus Dei. 0 0 14080192 13301083 82362 Provided grants and services in support of fifty-eight nonprofit organizations that receive pastoral care from the Roman Catholic Prelature of Opus Dei. 0 0 0 14080192 1 1 0 0 0 1 0 1 0 0 1 1 1 1 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 0 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 10 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 Timothy C Hogan President 10 2 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 Anthony McCarthy Vice President 10 0 X X 0 0 0 Edwin S Tecarro 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 20 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 0 0 0 0 15438564 0 14113587 15669645 29552151 Health insurance reimbursement 524292 66312 66312 0 0 Interest on program related loans 900004 16050 16050 0 0 0 0 0 0 82362 425603 0 0 425603 0 0 0 0 0 0 0 0 0 0 7408660 0 5976006 0 1432654 0 1432654 0 0 1432654 0 2542 0 0 2542 2542 31495312 82362 0 1860799 11585234 11585234 33909 33909 1716969 1716969 73840 3098 61578 9164 208481 8748 173859 25874 5243 220 4372 651 21598 906 18012 2680 203009 0 201584 1425 3723 0 3723 0 49162 0 45500 3662 12515 12515 130963 0 130963 0 26468 1041 20691 4736 16820 706 14027 2087 59986 2517 50024 7445 38646 6 112 38528 30687 1288 25591 3808 13842 6442 6441 959 2726 115 2273 338 Health insurance benefits 678850 678850 0 0 Charitable gift annuity expense 39847 39847 0 0 7059 296 5887 876 14959577 14080192 764637 114748 653551 2356327 2125403 4328503 1774104 1724021 375078 358546 10021 10175 99802 30577 21887 69225 12250761 24752965 1865553 5153646 2517230 2423473 1951012 2273151 23544600 43450032 0 2550000 697346 697346 1230570 1076518 1927916 4323864 X 6943544 24676557 14673140 14449611 0 0 21616684 39126168 23544600 43450032 X 16535735 -1024366 0 0 0 1998115 X 0 1 X 1 0 X 12143228 9800108 12148627 10387676 29552151 74031790 12143228 9800108 12148627 10387676 29552151 74031790 3307762 70724028 237211 187887 141283 203226 425604 1195211 183 102 715 0 2542 3542 75230543 657061 0.94010 0.86461 X Schedule A, Part II, Line 10 For 2010--unexpected, unidentified receipt of $183; 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; and for 2014-- unexpected, unidentified receipt of $2,542 from the United States Treasury. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 0 20836 0 0 0 1 1 0 107503 0 1950 X Installation in future chapels 0 0 0 0 0 0 0 0 0 38622 24459 14163 0 61180 6118 55062 0 0 0 0 69225 0 C 2630664 F Abdiel Qualified Offshore Partners Ltd. 735148 F Linx Partners limited partnership 1787834 F 5153646 Operating loan to a 501(c)(3) organization 1911000 C Construction loan to four 501(c)(3) organizations 512473 C 2423473 Assets held in trust 2163698 Religious art 107503 Jewelry 1950 2273151 0 Liability under trust agreements 662098 Liability on charitable gift annuities 414420 1076518 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. Europe (including Iceland and Greenland) Operation of four nonprofit organizations who have missions similar to that of Woodlawn Foundation 1441701 wire transfer 0 South America Construction of a conference center in Peru to house spiritual retreats and similar formational activities 167912 wire transfer 0 South America Construction of a rural farm school in Peru 79287 wire transfer 0 South America Scholarship for students attending a rural farm school in Colombia 26950 wire transfer 0 7 0 0 0 0 0 0 0 1 Murray Hill Place Inc 139 East 34th Street New York NY 100164704 133542148 501(c)(3) 1300660 0 operations Association for Cultural Interchange Inc 420 Lexington Avenue - Suite 300 New York NY 101700300 526054124 501(c)(3) 1101000 0 construction of Saxum Conference Center in Israel Shellbourne Inc 359 West 200 North Valparaiso IN 463857728 351266330 501(c)(3) 1000000 0 operations Chestnut Hill Foundation Inc 481 Hammond Street Chestnut Hill MA 024671714 043141919 501(c)(3) 638400 0 $375,000 for expansion of physical plant, and $263,400 for operations Peninsula Foundation Inc 770 South Windsor Boulevard Los Angeles CA 900053786 942943240 501(c)(3) 496000 0 operations Layton Study Center Inc 12900 West North Avenue Brookfield WI 530055217 391692100 501(c)(3) 495850 0 operations Crawford Foundation Inc 99 Overlook Circle New Rochelle NY 108044501 133552064 501(c)(3) 451700 0 operations Roseaire Retreat Inc 14281 Gallagher Road Delray Beach FL 334453280 650649421 501(c)(3) 330799 86932 cost partial forgiveness of construction loan expansion of physical plant The Heights Foundation Inc 56 Harrison Street Suite 401 New Rochelle NY 108016560 526062426 501(c)(3) 412626 0 renovation and improvement to physical plant in Washington, DC Castlewood Foundation Inc 5800 North Keating Avenue Chicago IL 606466615 363309592 501(c)(3) 394200 0 operations Prelature of the Holy Cross and Opus Dei 139 East 34th Street New York NY 100164704 133598550 501(c)(3) 350200 operations Southmore Foundation Inc 2011 Sheridan Street Houston TX 770302105 760120857 501(c)(3) 335000 0 construction of physical plant Chaucer Drive Study Center Inc 5505 Chaucer Drive Houston TX 770052631 760353042 501(c)(3) 284100 0 operations Tilden Study Center Inc 655 Levering Avenue Los Angeles CA 900242308 954301168 501(c)(3) 275000 0 operations Euclid Foundation Inc 7800 Cass Avenue Darien IL 605615008 364295675 501(c)(3) 262894 0 operations Oakton Foundation Inc 5505 Chaucer Drive Houston TX 770052631 452196605 501(c)(3) 240000 0 construction of physical plant Tenley Study Center Inc 4300 Garrison Street Northwest Washington DC 200164099 521545933 501(c)(3) 236858 0 operations Elmbrook Inc 25 Follen Street Cambridge MA 021383502 222931400 501(c)(3) 230240 0 operations Arnold Hall Inc Randall Street PO Box 528 North Pembroke MA 02358 222936068 501(c)(3) 212400 0 operatons Reston Study Center Inc 1810 Old Reston Avenue Reston VA 201903304 541826300 501(c)(3) 177207 32493 cost partial forgiveness of construction loan $177,207 for operations, and $32,493 for construction of physical plant Midtown Cultural Center Inc 1825 North Wood Street Chicago IL 606221130 364093991 501(c)(3) 201300 0 operatons Longlea Conference Center Inc 4101 Yuma Street Northwest Washington DC 200162109 020665083 501(c)(3) 186000 0 operations Wyoming House Inc 2301 Wyoming Avenue Northwest Washington DC 200081642 521760051 501(c)(3) 179400 0 operations Wespine Study Center Inc 100 East Essex Avenue Kirkwood MO 631224402 431651179 501(c)(3) 151630 0 operations Berkland Foundation Inc 1827 Oxford Street Berkeley CA 947091800 943207717 501(c)(3) 139000 0 operations Association for Educational Development 5800 North Keating Avenue Chicago IL 606466615 362649305 501(c)(3) 136800 0 operations Menlough Study Center Inc 1160 Santa Cruz Avenue Menlo Park CA 940255003 770438157 501(c)(3) 135000 0 operations Kingsland Foundation Inc 4451 Southwest 88th Avenue Miami FL 331655976 650299587 501(c)(3) 133403 0 operations Rosemoor Foundation Inc Post Office Box 1541 Murray Hill Station New York NY 101561541 133281516 501(c)(3) 132500 0 operations Windmoor Foundation Inc 1121 North Notre Dame Avenue South Bend IN 466171342 010788484 501(c)(3) 131408 0 operations Warwick Foundation Inc 5090 Warwick Terrace Pittsburgh PA 152133836 251603855 501(c)(3) 128400 0 operations Wingren Foundation Inc 3610 Wingren Avenue Irving TX 750624512 752405572 501(c)(3) 118200 0 operations The Nassau Foundation Inc 34 Mercer Street Princeton NJ 085406808 133534894 501(c)(3) 104400 0 operations Riverside Study Center Inc 330 Riverside Drive New York NY 100253421 133547523 501(c)(3) 98400 0 operations Lincoln Green Foundation Inc 715 West Michigan Avenue Urbana IL 618014841 364145777 501(c)(3) 63300 0 operations Oakcrest School 850 Balls Hill Road McLean VA 221011546 521182755 501(c)(3) 29836 0 $20,836 for construction of facilities, and $9,000 for operations The Trimount Foundation Inc 56 Harrison Street Suite 401 New Rochelle NY 108016560 046141144 501(c)(3) 28500 0 operations Romana Bulletin Inc 56 Harrison Street Suite 401 New Rochelle NY 108016560 134013243 501(c)(3) 24000 0 operations Montevista Foundation Inc 345 East Summit Avenue San Antonio TX 782123028 742618410 501(c)(3) 20000 0 operations The Heights Inc d/b/a The Heights School 10400 Seven Locks Road Potomac MD 208544085 521128002 501(c)(3) 20000 0 operations International Family Development Foundation Inc in care of Coti and Sugrue 120 East 61st Street New York NY 100658102 383887212 501(c)(3) 18000 0 operations The Mathewson Foundation Inc 224 Bowen Street Providence RI 029061542 050450077 501(c)(3) 15600 0 operations Trumbull Manor Inc 50 Rica Vista Novato CA 949472021 680235497 501(c)(3) 15000 0 operations Church of the Good Shepherd 504 North Roxbury Drive Beverly Hills CA 902103227 951647817 501(c)(3) 11050 0 operations Youth Service International Inc 5815 North Cicero Avenue Chicago IL 606466609 363926031 501(c)(3) 11000 0 operations 51 0 Direct cash assistance to indigent families 2 29784 0 Student loan assistance to clergy of the Opus Dei Prelature 1 4125 0 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. Furthermore, Woodlawn frequently arranges to have one or more of its own directors or officers serve on the Boards of Directors of nonprofit organizations that receive grants from Woodlawn. X 61180 Appraisal X 314 12104867 Fair value X 2 3464505 Fair value X Charitable gift annuity 1 39093 Fair value 1 0 0 0 Form 990, Part VI, Section B, Line 11b The Treasurer prepares Form 990 and e-mails a completed draft to all Board Members and officers for review and comment. The Treasurer makes corrections and adjustments based on comments and suggestions of Board Members and officers. Finally, he or she signs and files 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 Foundation'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. No appointment is necessary. The Foundation will also send paper copies of these documents via U.S. Postal Service, or an electronic copy via e-mail, upon request and without charge. Furthermore, the Articles of Incorporation, By-Laws, and the three most current Form 990's are available for review on the internet at woodlawnfoundation.org. Form 990, Part XI, Line 9 As a consequence of audits by an independent accounting firm of the consolidated financial records of the Woodlawn Foundation and its related parties for fiscal years ending June 30, 2013 and June 30, 2014, we adjust Woodlawn's net assets at the beginning of the year as follows: (a) increase of $50 for understatement of non-interest bearing cash accounts; (b) decrease of $50,083 in net balance of pledges receivable due to payments made against pledges; (c) increase of $275,875 to bring book value of investment in a limited partnership to fair value; (d) increase of $1,224,384 to bring book value of investment in a closely-held corporation to fair value; (e) increase of $43,128 in book value of program-related investments to remove prior year reserve for uncollectability of investment; (f) increase of $322,139 in value of assets under trust; (g) increase of $294,274 due to reduction of liability under trust agreements; and (h) decrease of $111,652 due to augmentation of liability under charitable gift annuity agreements. 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 11573533 $7,648,028 at fair value of one hundred ninety-four separate publicly-traded securities; $1,897,138 at fair value of interest in Linx Partners II; $1,567,367 at fair value of interest in Linx Partners III; and $461,000 for cash Sauganash Foundation c 3865031 $3,729,031 at fair value of ninety-seven separate publicly-traded securities; and $136,000 of cash We delayed the filing of Form 990 (2014) in order to submit a return that best reflects the result of audits carried out by an independent accounting firm of the consolidated financial records of Woodlawn Foundation and its related parties for the two fiscal years ending June 30, 2013 and June 30, 2014. We deemed it highly important to provide readers of Form 990 the most accurate information on a reasonably timely basis.