2016-02-18T14:42:46-06:00 2015-06-30 952694444 CONSIDINE & CONSIDINE 1501 FIFTH AVENUE SUITE 400 SAN DIEGO CA 921013297 990 2014-07-01 953655288 PROMISES2KIDS FOUNDATION PROM 8582784400 9400 RUFFIN COURT A SAN DIEGO CA 92123 TONYA TOROSIAN CEO 8582784400 2016-02-18 1 RICHARD HOTZ P00452784 6192311977 2016-01-08 2014 2016-08-17 19:52:53Z TONYA TOROSIAN 9400 RUFFIN COURT A SAN DIEGO CA 92123 4670131 0 X PROMISES2KIDS.ORG X 1981 CA CREATING A BRIGHTER FUTURE FOR FOSTER CHILDREN 17 17 23 250 0 0 2905750 3615772 0 0 103404 453022 -12504 -179479 2996650 3889315 1474893 507912 0 0 566119 787950 0 0 355221 645085 1670981 2686097 2966843 310553 922472 5553382 6489749 90700 143108 5462682 6346641 X CREATING A BRIGHTER FUTURE FOR FOSTER CHILDREN. 0 0 2457023 507912 PREVIOUSLY THE FOUNDATION RAISED $12 MILLION TO BUILD THE A.B. AND JESSIE POLINSKY CHILDREN'S CENTER (THE "POLINSKY CENTER"), THE COUNTY'S EMERGENCY SHELTER FOR ABUSED AND NEGLECTED CHILDREN. IN OCTOBER 1994, THE FOUNDATION DEEDED THE FACILITY TO THE COUNTY OF SAN DIEGO. THE POLINSKY CENTER OFFERS A FULL RANGE OF ASSESSMENT AND CARE PROGRAMS TO MORE THAN 1,000 CHILDREN EVERY YEAR. THE FOUNDATION CONTINUES TO SUPPORT THE POLINSKY CENTER BY RAISING FUNDS FOR THE URGENT AND LONG-TERM NEEDS OF THE YOUNG RESIDENTS DURING THEIR STAY. THE FOLLOWING ARE JUST A FEW EXAMPLES OF THE PROGRAMS AND PROJECTS AT THE POLINSKY CENTER SUPPORTED BY THE FOUNDATION DURING THE PERIOD ENDED JUNE 30, 2013: DEVELOPMENTAL SCREENING AND ENHANCEMENT PROGRAM (DSEP) YOUTH2YOUTH ADVOCATESDEVELOPMENTAL PRESCHOOLPET THERAPY PROGRAMHEALTH, RECREATION AND WELLNESS PROGRAMGUARDIAN SCHOLARSGUARDIAN SCHOLARS IS A SCHOLARSHIP AND SUPPORT PROGRAM THAT IS ESTABLISHED TO ASSIST CURRENT AND FORMER FOSTER YOUTH TO FURTHER THEIR EDUCATION AND BECOME SUCCESSFUL, INDEPENDENT ADULTS. THE PROGRAM IS MUCH MORE THAN JUST FINANCIAL AID - IT IS AN INVESTMENT IN THE FUTURE OF EACH INDIVIDUAL RECIPIENT. A UNIQUE COMPONENT TO GUARDIAN SCHOLARS IS THE JUNIOR GUARDIAN SCHOLARS WHICH REACHES FOSTER YOUTH WHILE THEY ARE IN HIGH SCHOOL INTERVENING AT A CRITICAL TIME IN THEIR LIVES PREPARING THEM FOR GRADUATION, A HIGHER EDUCATION, AND BEYOND. JUNIOR GUARDIAN SCHOLARS PROVIDES MULTIFACETED SUPPORT THROUGH MENTORING, SAT PREPARATION, COLLEGE PLANNING, FINANCIAL AID AND COLLEGE APPLICATION WORKSHOPS, AND STE[+A]M PROGRAMS AT THE UNIVERSITY OF CALIFORNIA, SAN DIEGO (UCSD).CAMP CONNECTTHE FOUNDATION PARTNERS WITH THE HEALTH AND HUMAN SERVICES AGENCY OF SAN DIEGO COUNTY IN ORDER TO PROVIDE FOSTER CHILDREN WITH THE OPPORTUNITY TO RECONNECT WITH THEIR SIBLINGS WHO LIVE APART THROUGH A FOUR-DAY SUMMER CAMP AND STRUCTURED RECREATIONAL AND EDUCATIONAL DAY CAMPS THROUGHOUT THE YEAR. THIS PROGRAM ALLOWS CHILDREN TO BUILD FURTHER ON SIBLING INTERACTION AND ENHANCE A SENSE OF BELONGING.FOSTER FUNDSTHE FOUNDATION UNDERSTANDS THAT FOSTER CHILDREN OFTEN FEEL ALONE AND ISOLATED. THEY MAY GO WITHOUT SIMPLE PLEASURES OF CHILDHOOD SUCH AS BIRTHDAY GIFTS, CAP AND GOWN FOR GRADUATION, A SPORTS UNIFORM OR A MUSICAL INSTRUMENT. WE ENSURE FOSTER CHILDREN KNOW THAT THEY TOO ARE HEARD, SPECIAL AND DESERVING. PROMISES2KIDS HAS SPECIAL FUNDS SET UP TO SUPPORT THESE NEEDS NOT MET THROUGH TYPICAL FUNDING, WHICH INCLUDE SOMETHING SPECIAL FUND, BIRTHDAY CLUB, COMMUNITY DRIVES AND DRIVER EDUCATION.ADDITIONAL COMMUNITY PROGRAMS - IN ADDITION TO THE ABOVE MENTIONED MAJOR PROGRAMS, THE FOUNDATION ALSO HAS THE COMMUNITY PROGRAM, LAW ENFORCEMENT, WHICH WAS DEVELOPED TO TEACH AGENCIES HOW TO WORK TOGETHER IN IDENTIFYING, INVESTIGATING AND PROSECUTING CHILD ABUSE. THE FOUNDATION WITH THE HELP OF ITS COMMUNITY, COLLABORATE BY HOSTING ADVANCED TRAININGS. ANOTHER COMMUNITY PROGRAM THE FOUNDATION SUPPORTED THIS YEAR WAS MARY'S HOUSE, A FEMALE TRANSITIONAL HOUSING PROGRAM FOR FORMER FOSTER YOUTH OPERATED BY THE YMCA YOUTH AND FAMILY SERVICES. THIS PROGRAM WAS TRANSITIONED FULLY TO THE YMCA UPON THE FOUNDATION'S SALE OF THE PROPERTY THAT WAS HOUSING MARY'S HOUSE. THIS SALE OCCURRED DURING THIS YEAR. 2457023 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 10 0 1 23 1 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X X TONYA TOROSIAN 8582784400 9400 RUFFIN CT A SAN DIEGO CA 92123 DEBORAH MARENGO CHAIR 1.00 X 0 0 0 ERIC HASKEL DIRECTOR 1.00 X 0 0 0 MICHAEL PENLEY SECRETARY 1.00 X X 0 0 0 GLEN FRETER DIRECTOR 1.00 X 0 0 0 TANA LORAH DIRECTOR 1.00 X X 0 0 0 DAN GATTO VICE CHAIR 1.00 X X 0 0 0 ESTEBAN VILLANUEVA DIRECTOR 1.00 X 0 0 0 JOAN WAITT DIRECTOR 1.00 X 0 0 0 STEVE SIMPSON DIRECTOR 1.00 X 0 0 0 TONYA TOROSIAN CEO 60.00 X 141342 0 0 STEVEN F SUBLETT DIRECTOR 1.00 X 0 0 0 ROBERT O'CONNELL DIRECTOR 1.00 X 0 0 0 STEVE QUATTROCIOCCHI DIRECTOR 1.00 X 0 0 0 AMIR MOFTAKHAR TREASURER 1.00 X 0 0 0 ALICE CAMPBELL DIRECTOR 1.00 X 0 0 0 TERRI COLACHIS DIRECTOR 1.00 X 0 0 0 ROB PEDERSEN DIRECTOR 1.00 X 0 0 0 KAUSHAL PATEL DIRECTOR 1.00 X 0 0 0 141342 0 0 1 0 0 0 0 731602 2884170 729000 3615772 134391 134391 620000 301369 318631 318631 318631 299968 731602 479447 -179479 -179479 3889315 318631 0 -45088 X 206244 206244 301668 301668 146733 84575 24072 38086 641217 369590 105191 166436 11500 7360 1380 2760 40588 26396 14192 9853 4731 2944 2178 23736 18590 717 4429 45596 32121 4492 8983 19354 15134 1407 2813 YOUTH SUPPORT STIPENDS 631066 631066 IN KIND CHILDREN'S PROG 338999 338999 CHILDREN'S PROGRAM SERV 154121 154121 OUTSIDE SERVICES 63471 25418 3665 34388 332697 241010 10731 80956 2966843 2457023 154599 355221 1133476 865431 103573 118325 599607 176650 19565 31724 252048 160174 291982 91874 3998497 4528940 82932 555 5553382 6489749 89200 143108 1500 90700 143108 X 1775025 2627242 3148902 3180644 538755 538755 5462682 6346641 5553382 6489749 922472 -38513 0 X 0 1 X 1 0 X 2094894 2159082 3383971 2905750 2939634 13483331 36360 36360 18180 36360 68060 195320 2131254 2195442 3402151 2942110 3007694 13678651 195870 195870 0 195870 195870 13482781 66463 97829 19952 103404 95878 383526 66463 97829 19952 103404 95878 383526 84032 221448 305480 2281749 2514719 3422103 3045514 3103572 14367657 0.93840 0.94640 0.02670 0.02800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3512186 63349 27824 3547711 3014906 497280 3512186 2874742 140164 3014906 2798584 76159 2874743 2993298 -194714 2798584 0.20000 0.80000 0 0 252048 160174 91874 91874 SCHWAB GENERAL ENDOWMENT 103569 F SCHWAB HATTIE BROOKS ENDOWMENT 2776906 F SCHWAB JUNIOR LEAGUE ENDOWMENT 77585 F SCHWAB NON-ENDOWMENT 1039364 F SCHWAB POLINSKY ENDOWMENT 531516 F 4528940 X 4117445 -38513 87164 179479 228130 3889315 0 3889315 3233486 87164 179479 266643 2966843 0 2966843 PART X, LINE 2: THE FOUNDATION FOLLOWS ACCOUNTING STANDARDS WHICH PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITION AND BELIEVES THAT ALL OF THE POSITIONS TAKEN IN ITS EXEMPT FOUNDATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. AS OF JUNE 30, 2015, THE FOUNDATION HAS NO ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADDITIONAL SPECIAL EVENT EXPENSES 179,479. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADDITIONAL SPECIAL EVENT EXPENSES 179,479. SUMMER CONCERT 905034 641137 263897 31909 405547 GOLF TOURNAMENT 121744 85673 36071 39587 1 4792 4792 2404 1031570 731602 299968 31909 447538 479447 -179479 0 POLINSKY CHILDREN'S CENTER 9400 RUFFIN COURT SAN DIEGO CA 92123 956000934 COUNTY OF SAN DIEGO 165363 20881 FMV CLOTHES, TOYS, ETC ENHANCEMENT YMCA 3708 RUFFIN ROAD SAN DIEGO CA 92123 952039198 501(C)(3) 20000 FMV HOUSE TRANS, LIVING PROG GUARDIAN SCHOLARS PROGRAM 98 248430 39474 FMV GIFT CARDS, CLOTHING, COMPUTERS COMMUNITY EVENTS AND PARTNERSHIPS 25 13764 0 FMV STIPENDS ROB BUTTERFIELD FOUNDER EMERITUS 620000 SOLD MARY'S HOUSE FOR FMV. 0 X MISC 49 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS POSTED TO THE SECURE PORTION OF THE FOUNDATION'S WEBSITE ACCESSIBLE BY BOARD MEMBERS ONLY FOR THEIR REVIEW PRIOR TO FILING. BOARD MEMBERS ARE NOTIFIED AND ASKED TO REVIEW AND COMMENT. IN ADDITION, THE 990 IS REVIEWED IN DETAIL BY A BOARD MEMBER WHO IS A CERTIFIED PUBLIC ACCOUNTANT. FORM 990, PART VI, SECTION B, LINE 12C ALL NEW BOARD MEMBERS ARE GIVEN AN REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY. ON AN ANNUAL BASIS ALL BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN. THE BOARD DEVELOPMENT COMMITTEE REVIEWS ANY POTENTIAL CONFLICTS AND RECOMMENDS TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE CEO/PRESIDENT WAS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. COMPENSATION SURVEYS WERE USED FOR COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE POSTED ON IT'S WEBSITE FOR THE GENERAL PUBLIC. FORM 990, PART IX, LINE 24E YOUTH AND VOLUNTEER TRAINING & EDUCATION: PROGRAM SERVICE EXPENSES 62,636. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 62,636. YOUTH ACTIVITIES: PROGRAM SERVICE EXPENSES 60,595. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,595. BANK CHARGES: PROGRAM SERVICE EXPENSES 16,704. MANAGEMENT AND GENERAL EXPENSES 4,923. FUNDRAISING EXPENSES 16,400. TOTAL EXPENSES 38,027. PRINTING AND PRODUCTION: PROGRAM SERVICE EXPENSES 8,880. MANAGEMENT AND GENERAL EXPENSES 961. FUNDRAISING EXPENSES 24,569. TOTAL EXPENSES 34,410. CHILDREN'S PROGRAM MATERIALS: PROGRAM SERVICE EXPENSES 29,817. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,817. VOLUNTEER AND DONOR RECOGNITION: PROGRAM SERVICE EXPENSES 19,339. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 6,723. TOTAL EXPENSES 26,062. GRAPHIC ART AND DESIGN: PROGRAM SERVICE EXPENSES 6,800. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 8,634. TOTAL EXPENSES 15,434. POSTAGE AND MAILING: PROGRAM SERVICE EXPENSES 5,847. MANAGEMENT AND GENERAL EXPENSES 660. FUNDRAISING EXPENSES 7,827. TOTAL EXPENSES 14,334. SPECIAL EVENT MEALS AND ENTERTAINMENT: PROGRAM SERVICE EXPENSES 6,775. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 6,898. TOTAL EXPENSES 13,673. TELEPHONE AND INTERNET: PROGRAM SERVICE EXPENSES 8,497. MANAGEMENT AND GENERAL EXPENSES 1,630. FUNDRAISING EXPENSES 3,436. TOTAL EXPENSES 13,563. STAFF AND BOARD DEVELOPMENT: PROGRAM SERVICE EXPENSES 6,583. MANAGEMENT AND GENERAL EXPENSES 1,040. FUNDRAISING EXPENSES 2,225. TOTAL EXPENSES 9,848. RENTAL EQUIPMENT: PROGRAM SERVICE EXPENSES 5,193. MANAGEMENT AND GENERAL EXPENSES 974. FUNDRAISING EXPENSES 1,947. TOTAL EXPENSES 8,114. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 2,153. MANAGEMENT AND GENERAL EXPENSES 486. FUNDRAISING EXPENSES 924. TOTAL EXPENSES 3,563. TAX & LICENSE: PROGRAM SERVICE EXPENSES 1,031. MANAGEMENT AND GENERAL EXPENSES 27. FUNDRAISING EXPENSES 814. TOTAL EXPENSES 1,872. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 160. MANAGEMENT AND GENERAL EXPENSES 30. FUNDRAISING EXPENSES 559. TOTAL EXPENSES 749.