2015-05-14T10:40:19-05:00 2014-06-30 420714325 MCGLADREY LLP 1185 AVENUE OF THE AMERICAS NEW YORK NY 100362602 990 2013-07-01 132584273 ALVIN AILEY DANCE FOUNDATION INC ALVI 2124059000 405 WEST 55TH STREET NEW YORK NY 10019 PAMELA ROBINSON TREASURER & CFO 2124059000 2015-05-13 1 MARTIN GREIF P00029738 2123721000 2013 2016-02-25 16:41:14Z BENNETT RINK 405 WEST 55TH STREET NEW YORK NY 10019 74904753 0 X WWW.ALVINAILEY.ORG X 1958 NY THE MISSION OF ALVIN AILEY DANCE FOUNDATION IS TO FURTHER THE PIONEERING WORK OF ALVIN AILEY BY ESTABLISHING AN EXTENDED CULTURAL COMMUNITY WHICH PROVIDES DANCE PERFORMANCES, TRAINING AND COMMUNITY PROGRAMS FOR ALL PEOPLE. 32 31 801 80 43353 -7239 10848634 9947036 23602208 23174506 4433866 4179704 -655013 -593974 38229695 36707272 1466518 1743710 0 0 19031304 18997353 0 0 2144659 14876774 16349871 35374596 37090934 2855099 -383662 162409733 170406862 20793011 19837003 141616722 150569859 X THE MISSION OF THE AILEY ORGANIZATION IS TO FURTHER THE PIONEERING WORK OF ALVIN AILEY THROUGH DANCE PERFORMANCES, TRAINING, EDUCATIONAL AND COMMUNITY PROGRAMS FOR ALL PEOPLE. THE ORGANIZATION PLAYS A VITAL SOCIAL ROLE, USING THE BEAUTY AND HUMANITY OF THE AFRICAN-AMERICAN HERITAGE AND OTHER CULTURES TO UNITE PEOPLE OF ALL RACES, AGES, AND BACKGROUNDS. 0 0 15894001 10958170 ALVIN AILEY AMERICAN DANCE THEATER - FOUNDED BY ALVIN AILEY IN 1958, ALVIN AILEY AMERICAN DANCE THEATER NOW ANNUALLY REACHES ABOUT 300,000 AUDIENCE MEMBERS ACROSS THE GLOBE. SINCE ITS INCEPTION, THE COMPANY HAS PERFORMED IN 71 COUNTRIES ON 6 CONTINENTS FOR AN ESTIMATED 25 MILLION PEOPLE AT VENUES WORLDWIDE, PLUS TENS OF MILLIONS MORE PEOPLE VIA TELEVISION APPEARANCES. IN 2008, THE AILEY COMPANY WAS DESIGNATED "A VITAL AMERICAN CULTURAL AMBASSADOR TO THE WORLD" BY THE UNITED STATES CONGRESS. THE COMPANY NUMBERS THIRTY OF THE MOST TALENTED AND VERSATILE DANCERS IN THE WORLD, AND ITS DIVERSE REPERTORY IS UNPARALLELED IN MODERN DANCE. A TYPICAL ALVIN AILEY AMERICAN DANCE THEATER SEASON INCLUDES A U.S. TOUR TO OVER 20 CITIES, EXTENSIVE INTERNATIONAL TOURING, AND TWO ENGAGEMENTS IN ITS HOME BASE OF NEW YORK CITY: A SPRING ENGAGEMENT AT LINCOLN CENTER AND A 5-WEEK WINTER ENGAGEMENT AT NEW YORK CITY CENTER, WHERE AILEY IS THE PRINCIPAL DANCE COMPANY AND HAS APPEARED ANNUALLY SINCE 1972. 1941045 77400 1076417 AILEY II - LAUNCHED BY MR. AILEY IN 1974, AILEY II IS NOW UNIVERSALLY RENOWNED FOR MERGING THE COUNTRY'S BEST YOUNG DANCE TALENT WITH THE CREATIVE VISION OF TODAY'S MOST OUTSTANDING EMERGING CHOREOGRAPHERS. AILEY II IS COMPRISED OF 12 OF THE AILEY SCHOOL'S MOST PROMISING SCHOLARSHIP STUDENTS AND REACHES AUDIENCES IN MORE THAN 40 CITIES EACH YEAR ACROSS THE U.S. AND ABROAD. THE COMPANY OFFERS ITS DANCERS INVALUABLE PERFORMING AND TEACHING EXPERIENCE AND CRUCIAL TRAINING, CREATING A BRIDGE FROM THE CLASSROOM TO THE STAGE. 11905942 1666310 10403683 AILEY EDUCATION AND OUTREACH PROGRAMS - THROUGH THE AILEY SCHOOL, ITS EXTENSIVE ARTS IN EDUCATION PROGRAMS, AND THE AILEY EXTENSION, THE ORGANIZATION IS COMMITTED TO BRINGING DANCE INTO THE LIVES OF INDIVIDUALS OF ALL AGES AND BACKGROUNDS.FOUNDED IN 1969, THE AILEY SCHOOL IS AN ACCREDITED INSTITUTIONAL MEMBER OF THE NATIONAL ASSOCIATION OF SCHOOLS OF DANCE AND SERVES AS THE OFFICIAL SCHOOL OF THE ALVIN AILEY AMERICAN DANCE THEATER. THE SCHOOL OFFERS MORE THAN 300 CLASSES WEEKLY FOR AGES 3 THROUGH 25 IN A BROAD RANGE OF DANCE TECHNIQUES. THE SCHOOL'S SCHOLARSHIP PROGRAM PROVIDES ASSISTANCE FOR TALENTED AND DESERVING STUDENTS; OVER 200 SCHOLARSHIPS ARE AWARDED EACH YEAR AND THE MAJORITY OF FINANCIAL ASSISTANCE GOES TO MINORITY STUDENTS. IN CONJUNCTION WITH FORDHAM UNIVERSITY, THE AILEY SCHOOL ALSO OFFERS A BACHELOR OF FINE ARTS DEGREE IN DANCE.EACH YEAR, AILEY ARTS IN EDUCATION AND COMMUNITY PROGRAMS PROVIDE YOUNG PEOPLE FROM DIVERSE CULTURAL AND ECONOMIC BACKGROUNDS THE OPPORTUNITY TO EXPLORE THEIR CREATIVE POTENTIAL, BUILD SELF-ESTEEM, AND DEVELOP LIFE-SKILLS SUCH AS TEAMWORK AND SELF-DISCIPLINE. PROGRAMS INCLUDE AILEYCAMP, A UNIQUE SUMMER DAY CAMP PROGRAM FOR UNDERSERVED CHILDREN IN MAJOR CITIES ACROSS THE UNITED STATES; AILEYDANCE KIDS, WHICH PRESENTS DANCE CLASSES AND CROSS-CURRICULAR LESSONS TO APPROXIMATELY 4,000 PUBLIC SCHOOL STUDENTS IN NY AND NJ; REVELATIONS: AN INTERDISCIPLINARY APPROACH, A CURRICULUM-BASED INITIATIVE THAT USES ALVIN AILEY AMERICAN DANCE THEATER'S SIGNATURE PIECE TO TEACH ACADEMIC SUBJECTS IN CLASSROOMS ACROSS THE COUNTRY.THE AILEY EXTENSION OFFERS DANCE AND FITNESS CLASSES OPEN TO THE PUBLIC, WITH MORE THAN 80 CLASSES EACH WEEK IN A VARIETY OF TECHNIQUES INCLUDING HORTON, BALLET, WEST AFRICAN, AND ZUMBA. SINCE ITS INCEPTION IN 2005, MORE THAN 70,000 PEOPLE HAVE TAKEN CLASSES THROUGH THE AILEY EXTENSION. 854913 684067 ANCILLARY ON-SITE COMMUNITY PROGRAMS 854913 684067 30595901 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 221 0 1 801 1 1 1 0 0 0 0 1 1 0 0 0 0 X 32 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA FL IL MA MD NC NJ NY PA VA X PAMELA ROBINSON 2124059000 405 WEST 55TH STREET NEW YORK NY 10019 X JOAN H WEILL CHAIR 10.00 X X 0 0 0 DARIA L WALLACH PRESIDENT 8.00 X X 0 0 0 SIMIN N ALLISON VICE-CHAIR 5.00 X X 0 0 0 DEBRA L LEE VICE-CHAIR 5.00 X X 0 0 0 LINDA M LINDENBAUM VICE-CHAIR 5.00 X X 0 0 0 ARTHUR J MIRANTE II VICE-CHAIR 5.00 X X 0 0 0 JOHN H SCHAEFER VICE-CHAIR 5.00 X X 0 0 0 JAMES G ABRUZZO TRUSTEE 5.00 X 0 0 0 GINA F ADAMS TRUSTEE 5.00 X 0 0 0 FRANK R AHIMAZ TRUSTEE 5.00 X 0 0 0 ELEANOR S APPLEWHAITE ESQ TRUSTEE 5.00 X 0 0 0 ROBERT BATTLE TRUSTEE/ARTISTIC DIRECTOR 50.00 X 362262 0 20850 NICOLE A BERNARD TRUSTEE 5.00 X 0 0 0 ANTHONY M CARVETTE TRUSTEE (THRU 06/30/14) 5.00 X 0 0 0 KATHRYN C CHENAULT TRUSTEE 5.00 X 0 0 0 ANITA-AGNES O HASSELL TRUSTEE 5.00 X 0 0 0 JENNY IRELAND TRUSTEE 5.00 X 0 0 0 ANTHONY S KENDALL TRUSTEE 5.00 X 0 0 0 ROBERT KISSANE TRUSTEE 5.00 X 0 0 0 MICHELLE Y LEE TRUSTEE 5.00 X 0 0 0 NATASHA LEIBEL LEVINE MD TRUSTEE 5.00 X 0 0 0 ANTHONY A LEWIS TRUSTEE 5.00 X 0 0 0 LESLIE L MAHERAS TRUSTEE 5.00 X 0 0 0 HENRY MCGEE TRUSTEE 5.00 X 0 0 0 STEPHEN J MERINGOFF FROM 114 TRUSTEE 5.00 X 0 0 0 DAVID E MONN THRU 0114 TRUSTEE 5.00 X 0 0 0 GABRIELLA E MORRIS TRUSTEE 5.00 X 0 0 0 MARYLIN L PRINCE TRUSTEE 5.00 X 0 0 0 STANLEY PLESENT ESQ TRUSTEE 5.00 X 0 0 0 ROBIN C ROYALS TRUSTEE 5.00 X 0 0 0 RICHARD SPECIALE TRUSTEE 5.00 X 0 0 0 MARC S STRACHAN FROM 114 TRUSTEE 5.00 X 0 0 0 LEMAR SWINNEY TRUSTEE 5.00 X 0 0 0 BENNETT RINK EXECUTIVE DIRECTOR 40.00 X 341977 0 31023 PAMELA ROBINSON CFO/TREASURER 40.00 X 225300 0 156312 ELENA PAUL DIR OF LEGAL & BUS AFFAIRS/BOARD SEC'T 40.00 X 175454 0 17713 MASAZUMI CHAYA ASSOCIATE ARTISTIC DIRECTOR 40.00 X 525099 0 288235 CALVIN HUNT SENIOR DIRECTOR OF PERF & PRODUCTION 40.00 X 219274 0 134367 THOMAS COTT DIRECTOR OF MARKETING 40.00 X 203591 0 18509 CHRISTOPHER ZUNNER DIRECTOR OF PUBLIC RELATIONS 40.00 X 180428 0 15788 TRACY INMAN CO-DIRECTOR/AILEY SCHOOL 40.00 X 136259 0 16324 MELANIE PERSON CO-DIRECTOR/AILEY SCHOOL 40.00 X 135249 0 15911 MICHAEL CANAROZZI FACILITIES MANAGER 40.00 X 113203 0 32369 SHARON LUCKMAN EXEC DIR/SECRETARY 0.00 X 231923 0 10327 JUDITH JAMISON ARTISTIC DIRECTOR EMERITA 10.00 X 150182 0 0 3000201 0 757728 26 1 1 0 OPUS 3 ARTISTS 470 PARK AVE SO NEW YORK NY 10016 BOOKING AGENT 240756 SYNTHESIS PHYSICAL THERAPY 89 VANDERVEER STREET 1ST FLOOR BROOKLYN NY 11207 PHYSICAL THERAPY SERVICES 183888 JPMORGAN CHASE BANK NA 270 PARK AVENUE NEW YORK NY 10017 INVESTMENT MGMT FEES 161384 MCGLADREY LLP 1185 AVENUE OF THE AMERICAS NEW YORK NY 10036 AUDIT/ACCOUNTING SERVICES 156826 4 3809770 493480 5643786 531373 9947036 PERFORMANCE FEES 711120 12034587 12034587 TUITION & TEACHING FEES 611600 9622687 9622687 STUDIO INCOME 531120 736236 610902 43353 81981 STUDENT FEES 611710 636787 636787 SCHOOL TICKET SALES 611600 144209 144209 23174506 1724571 1724571 100637 100637 39302065 175000 36846932 175000 2455133 0 2455133 2455133 341329 3809770 1175549 -834220 -834220 RELATED MERCHANDISE SALES 711120 73165 73165 MISC. INCOME 900099 66444 66444 139609 36707272 23122337 43353 3594546 X 1743710 1743710 2035315 874092 1161223 13375580 11371891 999479 1004210 409045 373067 15583 20395 2050571 1656367 253734 140470 1126842 921157 127300 78385 38277 38277 130798 130798 265947 265947 3841129 3425652 275600 139877 1712414 1712414 581148 279293 114167 187688 204041 142649 41530 19862 158394 158394 2518885 2200845 265070 52970 2746894 2666757 50595 29542 178048 153121 17805 7122 1746686 1502150 174669 69867 188555 159430 28922 203 DEBT SRVC & OTHER FEES 529446 125880 373341 30225 PRODUCTION & SCENERY 404403 404403 EQUIPMENT RENTAL 355861 355861 COSTUMES & WARDROBE 318741 318741 430204 50027 16334 363843 37090934 30595901 4350374 2144659 11420512 7653710 8414254 9329663 5320418 3834098 1426189 1503472 15893 15893 239509 301823 52996357 14550711 39588633 38445646 78082331 85763274 15326415 21164643 2575579 2394640 162409733 170406862 4990836 4064832 1970742 2473850 13831433 13298321 20793011 19837003 X 79310454 85162434 17578933 20616076 44727335 44791349 141616722 150569859 162409733 170406862 -383662 9336799 0 X 0 1 X 1 0 X 10564613 11957843 14322871 10848634 9947036 57640997 18006738 21815843 22961068 23484920 23122337 109390906 28571351 33773686 37283939 34333554 33069373 167031903 4605696 5626822 10801940 2176470 4512945 27723873 0 4605696 5626822 10801940 2176470 4512945 27723873 139308030 2310536 1790658 1991133 2400624 1825208 10318159 2310536 1790658 1991133 2400624 1825208 10318159 61723 30931 33072 74780 66444 266950 30943610 35595275 39308144 36808958 34961025 177617012 0.78430 0.80560 0.05810 0.06300 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 54960243 2269825 8317733 2291375 63256426 48550319 3572766 4937785 2100627 54960243 43594415 6782071 -1183022 643145 48550319 37287514 2894110 3884825 472034 43594415 30168886 2897362 5070489 849223 37287514 0.22000 0.66000 0.12000 0 0 9334293 9334293 33217781 7959469 25258312 10444283 6591242 3853041 38445646 ALTERNATIVE INVESTMENTS 21164643 F 21164643 BONDS PAYABLE 13230000 LIABILITIES FOR AMOUNTS HELD FOR OTHERS 68321 13298321 X 44904630 9336799 522991 -1396485 8463305 36441325 265947 265947 36707272 35951493 522991 522991 35428502 265947 1396485 1662432 37090934 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD(S) AS WELL AS BOARD-DESIGNATED FUNDS. PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM STATE AND LOCAL INCOME TAXES. THE FOUNDATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. AS A NOT-FOR-PROFIT ENTITY, THE FOUNDATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT), IF APPLICABLE. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND HAS CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO OR DISCLOSURE IN THE FINANCIAL STATEMENTS. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR TAX YEARS BEFORE 2011, WHICH IS THE STANDARD STATUTE OF LIMITATIONS LOOK-BACK PERIOD. PART XI, LINE 2D - OTHER ADJUSTMENTS: TUITION REMISSIONS & OTHER GRANTS -1,396,485. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION REMISSIONS & OTHER GRANTS 1,396,485. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES DANCE PERFORMANCES 488172 SOUTH AMERICA 0 0 PROGRAM SERVICES DANCE PERFORMANCES 658676 NORTH AMERICA 0 0 PROGRAM SERVICES DANCE PERFORMANCES 93962 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 21164643 0 0 0 0 0 0 22405453 0 22405453 1 0 1 1 0 0 ONG DINNER 2429589 2261765 167824 140586 281592 SPRING DINNER 973043 881693 91350 116693 324557 1 748467 666312 82155 9600 128158 7720 166643 4151099 3809770 341329 9600 385437 7720 772792 1175549 -834220 1 TUITION REMISSION 145 1119289 LIVING STIPENDS 42 418421 TUITION ASSISTANCE 21 206000 PART I, LINE 2: STUDENT AID IS GIVEN IN THE FORM OF TUITION REMISSION, WHICH IS APPLIED DIRECTLY TO THE STUDENT'S ACCOUNT. OTHER AID IS GIVEN THROUGH CASH STIPENDS FOR LIVING EXPENSES. THIS AID IS DISBURSED EACH SEMESTER WHEN THE STUDENT ARRIVES. THE STUDENT MUST MAINTAIN SATISFACTORY ACADEMIC PROGRESS IN ALL OF THEIR CLASSES. X X 1 1 X X X X X 0 1 0 0 0 0 0 0 0 ROBERT BATTLE TRUSTEE/ARTISTIC DIRECTOR 362262 0 0 0 0 0 7650 0 13200 0 383112 0 0 0 BENNETT RINK EXECUTIVE DIRECTOR 334242 0 0 0 7735 0 7418 0 23605 0 373000 0 0 0 PAMELA ROBINSON CFO/TREASURER 225300 0 0 0 0 0 127391 0 28921 0 381612 0 0 0 ELENA PAUL DIR OF LEGAL & BUS AFFAIRS/BOARD SEC 175454 0 0 0 0 0 1961 0 15752 0 193167 0 0 0 MASAZUMI CHAYA ASSOCIATE ARTISTIC DIRECTOR 264099 0 0 0 261000 0 272367 0 15868 0 813334 0 0 0 CALVIN HUNT SENIOR DIRECTOR OF PERF & PRODUCTION 219274 0 0 0 0 0 117941 0 16426 0 353641 0 0 0 THOMAS COTT DIRECTOR OF MARKETING 203591 0 0 0 0 0 6228 0 12281 0 222100 0 0 0 CHRISTOPHER ZUNNER DIRECTOR OF PUBLIC RELATIONS 180428 0 0 0 0 0 5468 0 10320 0 196216 0 0 0 TRACY INMAN CO-DIRECTOR/AILEY SCHOOL 136259 0 0 0 0 0 4184 0 12140 0 152583 0 0 0 MELANIE PERSON CO-DIRECTOR/AILEY SCHOOL 135249 0 0 0 0 0 4142 0 11769 0 151160 0 0 0 SHARON LUCKMAN EXEC DIR/SECRETARY 231923 0 0 0 0 0 7125 0 3202 0 242250 0 0 0 JUDITH JAMISON ARTISTIC DIRECTOR EMERITA 0 0 0 0 150182 0 0 0 0 0 150182 0 0 0 PART I, LINE 1A A HOUSING ALLOWANCE AND PAYMENTS TO OFFSET TAX CONSEQUENCES WERE PAID TO THE ARTISTIC DIRECTOR EMERITA. THESE AMOUNTS ARE INCLUDED IN "OTHER REPORTABLE COMPENSATION" AND REPORTED ON THE W2. PART I, LINE 4B THE ASSOCIATE ARTISTIC DIRECTOR HAD AN AGREEMENT WITH THE FOUNDATION TO BE PROVIDED A SUPPLEMENTAL RETIREMENT PENSION PAYMENT. THE AGREEMENT COVERED THE PERIOD FROM JULY 1, 2010 TO JUNE 30, 2014. THE PAYMENT OF $1,060,000 WAS TO BE MADE TO HIM OR TO HIS DESIGNATED DEATH BENEFICIARY/IES, AS THE CASE MAY BE, ON OR AS SOON AS PRACTICABLE AFTER JUNE 30, 2014, UNLESS AN EARLIER TERMINATION OF EMPLOYMENT OCCURRED DUE TO DEATH, DISABILITY OR INVOLUNTARY TERMINATION BY AADF WITHOUT CAUSE OR UNDER CIRCUMSTANCES THAT WOULD GRANT UNPAID LEAVE RIGHTS UNDER THE FAMILY AND MEDICAL LEAVE ACT OF 1993. INCLUDED ON SCHEDULE J, PART II, COLUMN C IS $265,000, WHICH REPRESENTS 1/4 OF THE TOTAL AMOUNT LISTED ABOVE. THIS AMOUNT HAD NOT BE PAID AS OF JUNE 30, 2014 AND IS ONLY INCLUDED RATABLY UNDER THE PERIOD THE SERVICES ARE TO BE PERFORMED UNDER THE CONTRACT, PER THE INSTRUCTIONS FOR SCHEDULE J. THE FOUNDATION ENTERED INTO PAY TO STAY AGREEMENTS WITH THREE OF ITS SENIOR STAFF, THE SENIOR DIRECTOR OF PERFORMANCE & PRODUCTION, THE CFO AND THE EXECUTIVE DIRECTOR (FORMERLY SENIOR DIRECTOR OF EXTERNAL AFFAIRS). THE AGREEMENTS PROVIDED THE PARTICIPANTS WITH THE INCENTIVE TO REMAIN WITH THE FOUNDATION FOR A PERIOD OF TIME, COVERED IN THE AGREEMENT DURING THE TRANSITION OF A NEW EXECUTIVE DIRECTOR. THE EFFECTIVE DATE OF THE AGREEMENTS WAS APRIL 1, 2012 AND ENDED ON VARIOUS DATES, ALL WITHIN THE 2014 CALENDAR YEAR. EACH PARTICIPANT WAS TO RECEIVE A SINGLE LUMP SUM PAYMENT, LESS TAX WITHHOLDINGS, AS SOON AS PRACTICABLE FOLLOWING THE PARTICIPANT'S PAYMENT DATE, PROVIDED THE PARTICIPANT MAINTAINED ACTIVE PARTICIPATORY EMPLOYMENT WITH THE FOUNDATION THROUGH HIS/HER PAYMENT DATE. IN THE EVENT OF INVOLUNTARY TERMINATION FOR REASONS OTHER THAN CAUSE, DEATH OR DISABILITY. IN THE CASE OF ONE AGREEMENT, IF THE PARTICIPANT WAS OFFERED THE POSITION OF EXECUTIVE DIRECTOR, THE PARTICIPANT WAS TO RECEIVE THE APPLICABLE PORTION OF THE PLAN BENEFIT. PAYOUT AMOUNTS UNDER THE AGREEMENTS RANGED FROM $250,000 AND $310,000. ALL OBLIGATIONS WERE SATISFIED IN FISCAL YEAR 2014. IN ACCORDANCE WITH THE CONTRACT, THE AGREEMENT TERMINATED WITH RESPECT TO THE EXECUTIVE DIRECTOR UPON HIS APPOINTMENT TO THAT POSITION. INCLUDED ON SCHEDULE J, PART II, COLUMN C IS THE ACCRUED PORTION, FOR CALENDAR YEAR 2013, OF EACH PARTICIPANT'S PAYMENT AMOUNT, AS LISTED ABOVE. THIS AMOUNT HAS NOT BEEN PAID AND HAS ONLY BEEN INCLUDED RATABLY UNDER THE PERIOD THE SERVICES ARE TO BE PERFORMED UNDER THE AGREEMENT, PER THE INSTRUCTIONS FOR SCHEDULE J. FORM 990, PART VII & SCHEDULE J, PART II THE FORMER EXECUTIVE DIRECTOR HAD AN EMPLOYMENT CONTRACT WITH THE FOUNDATION COVERING THE PERIOD FROM JULY 1, 2009 TO JUNE 30, 2013. OBLIGATIONS UNDER THE CONTRACT WERE FULLY SATISFIED IN CALENDAR YEAR 2013. A TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK 911882413 649717MV4 2003-11-06 20000000 TO FINANCE PART OF THE CONSTRUCTION COSTS OF THE ORGANIZATION'S FACILITIES 0 0 0 A 20000000 626103 440173 18762525 171200 2007 0 0 1 1 A 0 0 1 0 0 0.01000 0.01000 0.02000 0 0 0 A 0 0 0 1 1 0 0 0 0 A 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK DATE THE REBATE COMPUTATION WAS PERFORMED: 12/20/2013 X 10 239573 FMV WHEN DONATED X 1 1250 RETAIL VALUE X EVENT SERVICE 12 181325 RETAIL VALUE X AIRFARE 1 43500 RETAIL VALUE X PRINTING SERV 2 33645 RETAIL VALUE X OTHER 3 32080 RETAIL VALUE 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS ABOVE REPRESENTS THE NUMBER OF DONORS OF NON-CASH ITEMS DURING THE FISCAL YEAR ENDED JUNE 30, 2014. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT OF THE 990 IS THOROUGHLY EXAMINED AND REVIEWED BY THE TREASURER & CFO AND BY THE CHAIR OF THE AUDIT COMMITTEE, AS WELL AS THE EXECUTIVE DIRECTOR AND BY OTHER KEY STAFF AS APPROPRIATE. THE COMPLETED 990 IS THEN REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS (WHO WAS PREVIOUSLY DELEGATED THAT RESPONSIBILITY BY THE FULL BOARD) PRIOR TO FILING. ALSO PRIOR TO FILING, A FULL COPY IS SENT TO THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE CONFLICT OF INTEREST POLICY IS SENT TO EACH MEMBER OF THE BOARD, AS WELL AS THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES. THE POLICY IS REVIEWED AND DISCUSSED AT ONE BOARD MEETING EACH YEAR. INDIVIDUALS ARE REQUIRED TO COMPLETE AND RETURN A QUESTIONNAIRE WHICH WOULD NOTE ANY NECESSARY DISCLOSURES OR CONFLICTS. THE CFO REVIEWS EACH COMPLETED QUESTIONNAIRE AND, IF A CONFLICT ARISES, THE CFO WILL BRING THE MATTER TO THE ATTENTION OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION COMMITTEE DESIGNATED BY THE BOARD PERFORMS DUE DILIGENCE ON APPROPRIATE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND MAKES A RECOMMENDATION TO THE EXECUTIVE COMMITTEE FOR APPROVAL. THE COMPENSATION COMMITTEE SEEKS DIRECTION AND ADVICE FROM OUTSIDE COUNSEL, WHO SPECIALIZE IN EXECUTIVE COMPENSATION, AND FROM CONSULTANTS WHO PERFORM BENCHMARKING ANALYSIS TO ASSIST IN DEVELOPING THE RECOMMENDATION. THE EXECUTIVE COMMITTEE MEETS WITH THE COMPENSATION COMMITTEE AND COUNSEL TO REVIEW THE PROPOSED COMPENSATION. AADF PERFORMS INTERNAL BENCHMARKING FOR OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION USING PUBLISHED SURVEYS AND OTHER RESOURCES. SALARY RECOMMENDATIONS ARE PROPOSED BY THE EXECUTIVE DIRECTOR TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE IRS FORM 990 IS AVAILABLE UPON REQUEST AND ALSO ON WEBSITES SUCH AS GUIDESTAR.ORG. GOVERNING DOCUMENTS, SUCH AS THE CONFLICT OF INTEREST POLICY AND THE AUDITED FINANCIAL STATEMENTS, ARE NOT AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART VII THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN PART VII, COLUMN F, AND NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. FORM 990, PART VII & SCHEDULE J ROBERT BATTLE, ARTISTIC DIRECTOR & TRUSTEE, IS COMPENSATED FOR HIS SERVICE TO THE ORGANIZATION AS THE ARTISTIC DIRECTOR, NOT FOR HIS SERVICE AS A TRUSTEE. FORM 990, PART IX, LINE 11G COMMISSIONS TO AGENTS: PROGRAM SERVICE EXPENSES 655,277. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 655,277. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,770,375. MANAGEMENT AND GENERAL EXPENSES 275,600. FUNDRAISING EXPENSES 139,877. TOTAL EXPENSES 3,185,852.