2016-05-10T09:17:26-05:00 2015-12-31 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2015-01-01 352035269 Simon Youth Foundation Inc % AMY L UPDIKE SIMO 3172632361 225 WEST WASHINGTON STREET INDIANAPOLIS IN 46204 J MICHAEL DURNIL PRESIDENT AND CEO 3172632361 2016-05-15 true NICOLE B FISHBACK P01279475 3172632361 2016-05-15 2015 2016-09-27 15:27:22Z J MICHAEL DURNIL 225 WEST WASHINGTON STREET INDIANAPOLIS IN 46204 7862683 false X SYF.ORG X 1997 IN SIMON YOUTH FOUNDATION FOSTERS AND IMPROVES EDUCATIONAL OPPORTUNITIES, CAREER DEVELOPMENT, AND LIFE SKILLS TO TRANSFORM THE LIVES OF AT-RISK YOUTH. SEE SCHEDULE O. 21 21 19 1000 0 0 3221687 3429655 0 0 -422844 419536 470524 384884 3269367 4234075 1071004 1111118 0 0 864234 1111413 124191 0 528454 1021021 1300492 3080450 3523023 188917 711052 12539240 12798971 560611 797441 11978629 12001530 X SIMON YOUTH FOUNDATION EXISTS TO HELP AT-RISK STUDENTS WHO ARE ON THE VERGE OF DROPPING OUT OF HIGH SCHOOL STAY IN SCHOOL. THROUGH 26 SIMON YOUTH ACADEMIES IN 12 STATES AND SIMON YOUTH SCHOLARSHIPS, SIMON YOUTH FOUNDATION ADVOCATES, CREATES AND INITIATES EDUCATIONAL OPPORTUNITIES FOR STUDENTS. IN PARTNERSHIP WITH LOCAL PUBLIC SCHOOLS, SYF HAS MAINTAINED A 90% CUMULATIVE GRADUATION RATE AT OUR ACADEMIES SINCE INCEPTION, GRADUATED MORE THAN 13,000 STUDENTS, AND AWARDED MORE THAN $13 MILLION IN SCHOLARSHIPS TO APPROXIMATELY 4,200 STUDENTS IN 42 STATES. false false 1190417 SIMON YOUTH ACADEMIES ARE PUBLIC ALTERNATIVE SCHOOLS PRIMARILY LOCATED IN SIMON PROPERTY GROUP MALLS, WITH SOME STAND-ALONE SITES. THE ACADEMIES SERVE STUDENTS WHO ARE STRUGGLING IN TRADITIONAL HIGH SCHOOL ENVIRONMENTS, OFTEN DUE TO CHALLENGING LIFE CIRCUMSTANCES SUCH AS PARENTING, HOMELESSNESS OR ILLNESS. BY WORKING WITH LOCAL PUBLIC SCHOOL DISTRICTS, SYF IS ABLE TO REACH THESE STUDENTS BEFORE THEY DROP OUT, AND THROUGH THE ACADEMY NETWORK, OFFER STUDENTS THE SAME EDUCATIONAL OPPORTUNITIES THEY WOULD RECEIVE IN A TRADITIONAL HIGH SCHOOL, BUT IN AN ENVIRONMENT THAT MEETS THE NEEDS OF AT-RISK STUDENTS. WITH SMALL CLASS SIZES, FLEXIBLE HOURS, SELF-PACED CURRICULUM, AND A FAMILY-LIKE ATMOSPHERE THE ACADEMIES PROVIDE A UNIQUE LEARNING ENVIRONMENT THAT HAS PROVEN TO BE A SUCCESSFUL MODEL. IN ORDER TO GRADUATE FROM AN ACADEMY, STUDENTS MUST MEET ALL STATE AND NATIONAL GRADUATION REQUIREMENTS. WHEN THEY GRADUATE, ACADEMY STUDENTS EARN THEIR DIPLOMAS FROM THEIR REFERRING HIGH SCHOOLS. 1111118 1111118 SIMON YOUTH SCHOLARSHIPS ARE AWARDED TO SIMON YOUTH ACADEMY GRADUATES, AS WELL AS NON-ACADEMY STUDENTS IN EVERY COMMUNITY THAT IS HOME TO A SIMON PROPERTY. THE AWARDS PRIMARILY SERVE STUDENTS WHO WILL BE THE FIRST IN THEIR FAMILIES TO ATTEND POST-SECONDARY EDUCATION INSTITUTIONS, INCLUDING 2-YEAR VOCATIONAL AND TECHNICAL SCHOOLS AND 4-YEAR COLLEGES. A THIRD-PARTY ADMINISTRATOR SELECTS RECIPIENTS AND FACTORS IN FINANCIAL NEED, ACADEMIC PERFORMANCE, LEADERSHIP SKILLS, SCHOOL PARTICIPATION, AND COMMUNITY ACTIVITIES. 98780 TO SUPPORT CONTINUED HIGH ACADEMIC AND PROGRAM STANDARDS, SYF HOSTS AN ANNUAL BEST PRACTICES CONFERENCE FOR SYF SCHOOL DISTRICT PARTNERS AND REPRESENTATIVES FROM NATIONAL ORGANIZATIONS THAT WORK TO IMPROVE GRADUATION RATES. THE BEST PRACTICES CONFERENCE IS HELD IN CONJUNCTION WITH A LEADING NATIONAL EDUCATION CONFERENCE, PROVIDING AN OPPORTUNITY FOR ACADEMY ADMINISTRATORS AND TEACHERS TO TAKE ADVANTAGE OF PROFESSIONAL DEVELOPMENT BEYOND SYF SPONSORED LECTURES AND SESSIONS. 2400315 true true false false false false false false false true true false false false false false true false false false false false true false true false false false true true false false false false false false false false true false false false false false false false false true X 15 0 true 19 true false false false false false true true false false false false X 21 21 true false false false false false false true true false false true true true true true true true true false AL AK AZ AR CA CO CT FL GA HI IL IN KS KY LA ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN TX UT VA WA WV WI X X AMY L UPDIKE 3176857289 225 W WASHINGTON ST INDIANAPOLIS IN 46204 X LENA A BARKLEY DIRECTOR 1.0 0.0 X 0 0 0 MICHELLE J BELLEJ SECRETARY 1.0 0.0 X X 0 0 0 SANDRA CATH DIRECTOR 1.0 0.0 X 0 0 0 HALEY GLOVER DIRECTOR 1.0 0.0 X 0 0 0 KIMBERLY A JOHNSON TREASURER 1.0 0.0 X X 0 0 0 JEFFREY J KUCER DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL E MCCARTY DIRECTOR 1.0 0.0 X 0 0 0 JEFFREY H PATCHEN DIRECTOR 1.0 0.0 X 0 0 0 DEBORAH J SIMON CHAIR OF THE BOARD 1.0 0.0 X X 0 0 0 SCOTT WOLFRUM DIRECTOR 1.0 0.0 X 0 0 0 LESLIE G FATUM DIRECTOR 1.0 0.0 X 0 0 0 DARIN ETCHISON DIRECTOR 1.0 0.0 X 0 0 0 BETH FORTUNE DIRECTOR 1.0 0.0 X 0 0 0 STEVE KINGLSEY DIRECTOR 1.0 0.0 X 0 0 0 ANITA SILVERMAN DIRECTOR 1.0 0.0 X 0 0 0 RICHARD KISSEL DIRECTOR 1.0 0.0 X 0 0 0 SUSAN MASSELA DIRECTOR 1.0 0.0 X 0 0 0 WILLIAM N SALIN II DIRECTOR 1.0 0.0 X 0 0 0 COLLIN L SAM DIRECTOR 1.0 0.0 X 0 0 0 SHARI SIMON GREENBERG DIRECTOR 1.0 0.0 X 0 0 0 STEPHEN H SIMON DIRECTOR 1.0 0.0 X 0 0 0 J MICHAEL DURNIL PRESIDENT AND CEO 50.0 0.0 X 193679 0 16364 AMY L UPDIKE VP, FINANCE & ADMINISTRATION 50.0 0.0 X 96758 0 12065 290437 0 28429 1 false true false SHIEL SEXTON 902 NORTH CAPITOL AVENUE INDIANAPOLIS IN 46204 CONSTRUCTION SERVICE 319543 1 30925 3398730 57402 3429655 0 304445 304445 0 0 0 0 0 3504323 3389232 115091 115091 115091 624260 30925 239376 384884 384884 0 0 0 4234075 804420 0 1093368 1093368 17750 17750 0 318866 92915 106646 119305 0 635795 212958 233347 189490 14814 4761 5288 4765 86384 28617 31472 26295 55554 17855 19829 17870 0 37144 12180 14017 10947 19032 19032 0 0 46198 35753 10445 96662 96662 89647 7089 10564 71994 70232 3427 57139 9666 0 0 0 66983 45398 4262 17323 0 116694 101030 9818 5846 0 0 214110 180781 33329 21971 17114 4857 ACADEMY EXPENSES 387885 387885 MISCELLANEOUS EXPENSES 133934 80525 8901 44508 3523023 2400315 594254 528454 250 250 1482227 1321528 848921 1005634 16200 0 0 0 0 0 0 0 0 0 36001 57738 4554849 1767824 2424126 2787025 7731515 7626796 0 0 0 0 0 0 0 0 12539240 12798971 560611 797441 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 560611 797441 X 11260153 11286226 420993 417821 297483 297483 11978629 12001530 12539240 12798971 X 711052 -623849 -64302 X false true X true false X 2351585 2940208 2694180 3134656 3398730 14519359 0 0 2351585 2940208 2694180 3134656 3398730 14519359 1241399 13277960 238622 169387 268992 299857 304445 1281303 0 0 15800662 2979531 0.84034 0.84578 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8111906 -239294 4000 480 7868132 7919255 193105 454 8111906 7093832 0 826845 1000 422 7919255 6251036 252515 592558 2000 277 7093832 5721120 752500 -220171 2000 413 6251036 0.96000 0.03780 0.00220 false false 4054446 1275726 2778720 247492 239187 8305 252911 252911 0 2787025 7135825 -623849 3321976 239376 2937503 4198322 35753 35753 4234075 7048622 3321976 239376 3561352 3487270 35753 35753 3523023 SCHEDULE D, PART V, LINE 4 DESCRIBE THE INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS: TO PROVIDE FOR SPECIFIC RESTRICTED OR DESIGNATED OPERATING OR CAPITAL REQUIREMENTS OF THE FOUNDATION. USES WOULD INCLUDE FUNDING SCHOLARSHIPS, OPERATING BUDGET ITEMS, AND SIMON YOUTH ACADEMY BUILD-OUTS. SCHEDULE D, PART X FIN 48 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PARTS XI & XII, LINE 2D OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES $ 239,376 true SCHOLARSHIPS South Asia 1 10000 CASH SCHOLARSHIPS North America 1 7750 CASH false false false false false false SCHEDULE F, PART I, LINE 1 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: SIMON YOUTH FOUNDATION USES AN INDEPENDENT THIRD PARTY TO MONITOR THE USE OF ITS SCHOLARSHIP FUNDS. THE COMPANY INTERNATIONAL SCHOLARSHIP AND TUITION SERVICES, INC. IS AN INDUSTRY LEADER IN SCHOLARSHIP MANAGEMENT. THEY MONITOR THE USE OF THE SCHOLARSHIP FUNDS AND WORK DIRECTLY WITH SCHOOLS TO ENSURE PROPER USE OF THE FUNDS. MASQUERADE 378413 14925 363488 54434 72174 27050 35745 FOUNDERS CELEBR 236300 8000 228300 20779 16114 1 40472 8000 32472 1047 2639 3712 5682 655185 30925 624260 1047 2639 58146 98635 27050 51859 239376 384884 true SCHOLARSHIPS 440 1034423 SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S.: SIMON YOUTH FOUNDATION USES AN INDEPENDENT THIRD PARTY TO MONITOR THE USE OF ITS SCHOLARSHIP FUNDS. THE COMPANY INTERNATIONAL SCHOLARSHIP AND TUITION SERVICES, INC. IS AN INDUSTRY LEADER IN SCHOLARSHIP MANAGEMENT. THEY MONITOR THE USE OF THE SCHOLARSHIP FUNDS AND WORK DIRECTLY WITH SCHOOLS TO ENSURE PROPER USE OF THE FUNDS. X X false false false false false false false false false J MICHAEL DURNIL PRESIDENT AND CEO 192437 0 0 0 1242 0 0 0 16364 0 210043 0 0 0 X 7500 FMV X MATERIALS 2 37093 FMV X PRINTING 1 6212 FMV X FLORAL ARRANGEMENTS 1 6597 FMV false true true PART I, LINE 32B THIRD PARTY WHO SELLS NONCASH CONTRIBUTIONS: STIFEL NICOLAUS SELLS PUBLICLY TRADED STOCK THAT SIMON YOUTH FOUNDATION RECEIVES AS CONTRIBUTIONS. FORM 990, PART I, LINE 1 ORGANIZATION'S MISSION: SIMON YOUTH FOUNDATION FOSTERS AND IMPROVES EDUCATIONAL OPPORTUNITIES, CAREER DEVELOPMENT AND LIFE SKILLS TO TRANSFORM THE LIVES OF AT-RISK YOUTH THROUGH FOCUSED PROGRAMS AND INITIATIVES WITH OUR PUBLIC SCHOOL AND POST-SECONDARY EDUCATION PARTNERS. TO DELIVER ON ITS MISSION AND IGNITE HOPE IN STUDENTS, SIMON YOUTH FOUNDATION HAS DEVELOPED TWO MAJOR INITIATIVES: SIMON YOUTH ACADEMIES AND SIMON YOUTH SCHOLARSHIPS. OUR 26 NATIONWIDE ACADEMIES ARE ALTERNATIVE HIGH SCHOOLS LOCATED PRIMARILY IN SIMON PROPERTY GROUP MALLS THAT GIVE STUDENTS WHO ARE AT RISK OF DROPPING OUT THE SAME EDUCATION THEY WOULD RECEIVE IN A TRADITIONAL CLASSROOM, BUT IN A FLEXIBLE ENVIRONMENT. OUR SCHOLARSHIPS ARE AWARDED TO GRADUATES OF OUR ACADEMIES AND TO STUDENTS IN EVERY COMMUNITY THAT IS HOME TO A SIMON PROPERTY. FORM 990, PART V, LINE 2A EMPLOYEES REPORTED ON FORM W-3: THE SIMON PROPERTY GROUP, INC. PREPARES AND MAINTAINS THE PAYROLL RECORDS FOR THE SIMON YOUTH FOUNDATION'S EMPLOYEES UNDER A REIMBURSEMENT PLAN. FORM 990, PART VI, SECTION A, LINE 2 DIRECTOR, TRUSTEE, OR KEY EMPLOYEE: DEBORAH SIMON, STEPHEN SIMON, AND SHARI SIMON GREENBERG HAVE A FAMILY RELATIONSHIP. MICHELLE BELLEJ, TIMOTHY EARNEST, DARIN ETCHISON, KIMBERLY JOHNSON, AND DEBORAH SIMON HAVE A BUSINESS RELATIONSHIP WITH OTHER BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B PROCESS TO REVIEW THE FORM 990: THE FORM 990 IS REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM, THE FINANCE COMMITTEE, AND THE TREASURER. IT WILL BE PROVIDED TO EACH BOARD MEMBER BY EMAIL BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING COMPLIANCE WITH C.O.I. POLICY: A QUESTIONNAIRE IS SENT ANNUALLY TO ALL BOARD MEMBERS WHICH REQUIRES THEM TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST. THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION REVIEWS THE SIGNED CONFLICT OF INTEREST POLICIES. ANY CONFLICTS ARE REPORTED TO AND DISCUSSED WITH THE FINANCE COMMITTEE. ANY PERSON WITH A CONFLICT ABSTAINS FROM VOTING ON THE RELATED ISSUE. FORM 990, PART VI, SECTION B, LINES 15A & 15B REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION: THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES OFFICER COMPENSATION FOR SIMON YOUTH FOUNDATION. COMPENSATION REVIEWS WERE LAST CONDUCTED IN JANUARY 2015 AND 2016. ON AN ANNUAL BASIS, THE CHAIR AND MEMBERS OF THE EXECUTIVE COMMITTEE AND/OR BOARD OF DIRECTORS SHALL REVIEW GENERAL AND SPECIFIC COMPENSATION DATA WITHIN THE COMPARABLE MARKET FOR SIMILARLY QUALIFIED INDIVIDUALS IN FUNCTIONALLY COMPARABLE POSITIONS. THE DATA REVIEWED WILL BE USED AS A KEY FACTOR IN DETERMINING COMPENSATION OF SYF'S KEY EMPLOYEES. WHEN NECESSARY, INDEPENDENT CONSULTANTS WILL BE CONSULTED TO HELP ESTABLISH COMPENSATION OBJECTIVES AND METHODS. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING COMPENSATION SHALL BE MAINTAINED BY THE CHAIR OR HER DESIGNEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC: SIMON YOUTH FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, LINE 1A OFFICERS: AMY L. UPDIKE AND J. MICHAEL DURNIL MEET THE IRS DEFINITION OF OFFICER FOR THE FORM 990 BUT ARE NOT OFFICERS OF THE BOARD OF DIRECTORS. FORM 990, PART XI, LINE 5 OTHER CHANGES IN NET ASSETS: RESERVE FOR UNCOLLECTIBLE ACCOUNTS $ ( 64,302)