2015-04-02T10:46:18-05:00 2014-06-30 390758449 WIPFLI LLP 2 WEST BALTIMORE AVE SUITE 210 MEDIA PA 19063 990 2013-07-01 521173474 FREE LIBRARY OF PHILADELPHIA FOUNDATION FREE 2155675948 1901 VINE STREET PHILADELPHIA PA 191031189 DAVID T EDWARDS CFO 2155675948 2015-04-01 1 JOHN J NIHILL CPA P00844252 6105653930 2015-03-24 2013 2016-02-25 16:41:14Z SAME AS ABOVE SIOBHAN A REARDON 1901 VINE STREET PHILADELPHIA PA 191031189 21809854 0 X WWW.FREELIBRARY.ORG X 1891 PA SEE SCHEDULE O.TO DEVELOP RESOURCES AND FUNDING TO EXPAND, ENHANCE, AND SUPPORT THE SERVICES, COLLECTIONS, BUILDING IMPROVEMENTS AND TECHNOLOGY EXPANSION, AND OTHER ACTIVITIES OF THE FREE LIBRARY OF PHILADELPHIA. PROGRAMS INCLUDE EARLY CHILDHOOD, FAMILY, AND ADULT LITERACY; AFTER-SCHOOL HOMEWORK HELP; TEEN LEADERSHIP AND YOUTH EMPOWERMENT SUMMIT; WORKPLACE AND CAREER PLACEMENT; REGIONAL FOUNDATION CENTER; LECTURE SERIES; SUMMER PROGRAMS IN READING AND SCIENCE; AND CULTURAL PERFORMANCES. 36 36 440 310 0 0 8479652 15029219 790859 694273 984617 2450632 238441 322782 10493569 18496906 0 0 0 0 5031545 4646177 186036 184528 1713974 8127622 17292307 13345203 22123012 -2851634 -3626106 38118702 37623690 2536041 5036310 35582661 32587380 X TO DEVELOP RESOURCES AND FUNDING TO EXPAND, ENHANCE, AND SUPPORT THE SERVICES, COLLECTIONS, BUILDING IMPROVEMENTS AND TECHNOLOGY EXPANSION, AND OTHER ACTIVITIES OF THE FREE LIBRARY OF PHILADELPHIA. PROGRAMS INCLUDE EARLY CHILDHOOD, FAMILY, AND ADULT LITERACY; AFTER-SCHOOL HOMEWORK HELP; TEEN LEADERSHIP AND YOUTH EMPOWERMENT SUMMIT; WORKPLACE AND CAREER PLACEMENT; REGIONAL FOUNDATION CENTER; LECTURE SERIES; SUMMER PROGRAMS IN READING AND SCIENCE; AND CULTURAL PERFORMANCES. 0 0 3054518 694273 PUBLIC PROGRAMS: TO PROVIDE LITERACY, CULTURAL AND EDUCATIONAL PROGRAMMING ON BEHALF OF THE FREE LIBRARY OF PHILADELPHIA. EXAMPLES OF SUCH PROGRAMS INCLUDE: THE LITERACY ENRICHMENT AFTER-SCHOOL PROGRAM (LEAP), THE PHILADELPHIA BOOK FESTIVAL, ONE BOOK ONE PHILADELPHIA, SCIENCE IN THE SUMMER, TEEN PROGRAMMING, COLLEGE PREP, THE AUTHOR LECTURE SERIES, AND SUMMER READING PROGRAM. 15194290 CENTRAL LIBRARY CAPITAL RENOVATION PROJECT: TO EXPAND AND RENOVATE THE CENTRAL BRANCH OF THE LIBRARY. 299404 COLLECTIONS AND PRESERVATION: TO ENHANCE THE LIBRARY'S PROMINENT RESEARCH COLLECTIONS, SUCH AS THE FLEISHER COLLECTION, DICKENS COLLECTION, POE COLLECTION, MEDIEVAL MANUSCRIPTS, ETC. 263671 FACILITIES RENOVATIONS: PRIMARILY TO MAKE RENOVATIONS TO THE LIBRARY. 392593 TECHNOLOGY: TO SUPPLEMENT THE LIBRARY'S TECHNOLOGICAL NEEDS SUCH AS WEBSITE DESIGN, DEVELOP INFRASTRUCTURE OF THE LIBRARY'S NETWORK, AND COMPUTER SERVICES FOR THE CHILDREN'S DEPARTMENT. 656264 19204476 1 1 0 1 0 0 0 1 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 85 0 1 440 1 0 0 0 0 0 1 1 0 0 0 0 X 36 36 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA NJ X FREE LIBRARY OF PHILADELPHIA FOUNDATION 2155675948 1901 VINE STREET PHILADELPHIA PA 19103 TOBEY DICHTER BOD CHAIR 1.00 0.00 X X 0 0 0 MIRIAM SPECTOR BOD MEMBER - VICE CHAIR 1.00 0.00 X X 0 0 0 ROBERT HEIM BOD MEMBER - VICE CHAIR/EX-OFFICIO 1.00 0.00 X X 0 0 0 JAMES HAVERILL PHD BOD MEMBER - TREASURER 1.00 0.50 X X 0 0 0 RICHARD A GREENAWALT BOD MEMBER - FIRST VICE CHAIR 1.00 0.00 X X 0 0 0 GEORGE DAY BOD MEMBER - SECRETARY 1.00 0.00 X X 0 0 0 SIOBHAN A REARDON BOD MEMBER - PRESIDENT & DIRECTOR 1.00 0.00 X X 0 0 0 ROBERT ADELSON BOD MEMBER 1.00 0.00 X 0 0 0 CYNTHIA AFFLECK BOD MEMBER 1.00 0.00 X 0 0 0 PHYLLIS W BECK BOD MEMBER 1.00 0.00 X 0 0 0 PETER A BENOLIEL BOD MEMBER 1.00 0.00 X 0 0 0 SHELDON BONOVITZ BOD MEMBER 1.00 0.00 X 0 0 0 ANDREA EHRLICH BOD MEMBER 1.00 0.00 X 0 0 0 DANIEL K FITZPATRICK BOD MEMBER 1.00 0.00 X 0 0 0 W WILSON GOODE SR BOD MEMBER 1.00 0.00 X 0 0 0 DANIEL GORDON BOD MEMBER 1.00 0.00 X 0 0 0 MELISSA GRIMM BOD MEMBER 1.00 0.00 X 0 0 0 JOHN IMBESI BOD MEMBER 1.00 0.00 X 0 0 0 MICHEAL INNOCENZO BOD MEMBER 1.00 0.00 X 0 0 0 PHILIP JARIGUE BOD MEMBER 1.00 0.00 X 0 0 0 GEOFFREY KENT BOD MEMBER 1.00 0.00 X 0 0 0 ALEXANDER KERR ESQ BOD MEMBER 1.00 0.00 X 0 0 0 MARCIENE S MATTLEMAN BOD MEMBER 1.00 0.00 X 0 0 0 THOMAS B MORRIS JR BOD MEMBER 1.00 0.00 X 0 0 0 STEPHANIE W NAIDOFF BOD MEMBER 1.00 0.00 X 0 0 0 BERNARD NEWMAN BOD MEMBER 1.00 0.50 X 0 0 0 PATRICK M OATES BOD MEMBER 1.00 0.00 X 0 0 0 DEREK N PEW BOD MEMBER 1.00 0.00 X 0 0 0 WILLIAM R SASSO BOD MEMBER 1.00 0.00 X 0 0 0 SUSAN G SMITH BOD MEMBER 1.00 0.00 X 0 0 0 STACEY SPECTOR BOD MEMBER 1.00 0.00 X 0 0 0 LENORE H STEINER BOD MEMBER 1.00 3.00 X 0 0 0 BARBARA SUTHERLAND BOD MEMBER 1.00 0.00 X 0 0 0 MONICA VACHHER BOD MEMBER 1.00 0.00 X 0 0 0 JAY WEINSTEIN BOD MEMBER 1.00 0.00 X 0 0 0 LARRY WEISS BOD MEMBER 1.00 0.00 X 0 0 0 SANDRA A HORROCKS V.P. EXTERNAL AFFAIRS 37.50 0.00 X 155745 0 7001 JAMES PECORA CHIEF TECH OFFICER 37.50 0.00 X 153940 0 6919 DAVID EDWARDS CHIEF FINANCIAL OFFICER 37.50 0.00 X 143225 0 0 SARAH MORAN CHIEF OF STAFF 37.50 0.00 X 120679 0 5402 SUSAN GOULD ASST. V.P. DEVELOPMENT 37.50 0.00 X 125349 0 5722 MELISSA GREENBERG V.P. DEVELOPMENT 37.50 0.00 X 210635 0 9402 JUDITH RENYI DIR MAYOR'S COMM ON LITERACY 37.50 0.00 X 135248 0 6080 1044821 0 40526 7 0 1 0 LF DRISCOLL COMPANY LLC 9 PRESIDENTIAL BOULEVARD PHILADELPHIA PA 190040468 CONSTRUCTION 12962963 SAFDIE ARCHITECTS LLC 100 PROPERZI WAY SOMERVILLE MA 02143 CONSTRUCTION 916265 DIVERSIFIED SYSTEMS 363 MARKET ST KENILWORTH NJ 07033 TECHNOLOGY PROVIDER 428743 ADVANCE TRANSPORTATION CO INC 1445 N 32ND STREET PHILADELPHIA PA 19121 MOVING & STORAGE 294546 O'BRIEN BUSINESS SYSTEM INC 739 E ELM STREET CONSHOHOCKEN PA 19428 STORAGE SYSTEM PROVIDER 251930 5 355629 7184141 7489449 172298 15029219 LECTURE SERIES 900099 324413 324413 FINES & LOST BOOKS 900099 282145 282145 FREE LIBRARY SERVICES 900099 62246 62246 SALES-BOOKS & PUBLIC 900099 25469 25469 694273 2046709 2046709 83401 83401 88216 0 88216 88216 88216 3545409 3141486 403923 403923 403923 102084 355629 171462 -69378 -69378 VENDED SYSTEMS 900099 200161 200161 OTHER INCOME 900099 20382 20382 220543 18496906 694273 0 2773414 X 466829 259721 99190 107918 3416386 1900567 725969 789850 85860 41259 19260 25341 330767 163354 73508 93905 346335 206293 67750 72292 212601 114289 96213 2099 53879 53879 42496 42496 184528 184528 46188 33450 12738 13778144 13657982 103343 16819 167191 89736 608 76847 1490127 1225311 34483 230333 24165 9389 1214 13562 64274 48798 10399 5077 345646 261197 57672 26777 56443 56443 31594 29373 2221 61878 61878 LIBRARY MATERIALS 403902 381463 457 21982 PROGRAMS AND EXHIBITS 380374 377571 -20602 23405 BANK AND CREDIT CARD FE 64067 33376 14502 16189 DUES AND PUBLICATIONS 52593 26593 21601 4399 16745 245815 -229500 430 22123012 19204476 1204562 1713974 162881 252084 6359271 782950 6814451 9503808 516341 1000082 66526 49173 257823 236740 37697 21083 24131532 25983413 30003 31097 38118702 37623690 2536041 1828934 0 3207376 2536041 5036310 X 7888778 7570667 18251425 15574255 9442458 9442458 35582661 32587380 38118702 37623690 -3626106 630825 0 X X 0 1 X 1 0 X 8920885 8999124 6933772 8479652 15029219 48362652 8920885 8999124 6933772 8479652 15029219 48362652 5483035 42879617 609839 568537 543338 958168 2130109 4809991 241605 284752 265178 263193 308759 1363487 54536130 3767099 0.78630 0.87050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42496 42496 19161976 19204472 1000000 250000 0 0 704960 647705 682719 1000000 3035384 4553076 97250 96872 14452 42496 251070 176240 161926 170680 250000 758846 1138269 X X 0 18731659 7288783 2690173 904752 27805863 17451909 58582 2042531 821363 18731659 18618981 13555 -345558 835069 17451909 15406502 49809 4316278 1153608 18618981 13631029 167141 2190716 582384 15406502 0.07620 0.54450 0.37930 0 1 1 128181 115467 12714 129642 121273 8369 21083 X 19253005 630825 171462 802287 18450718 46188 46188 18496906 22248286 171462 171462 22076824 46188 46188 22123012 PART III, LINE 1A: THE FOUNDATION OWNS AND MAINTAINS COLLECTIONS OF RARE BOOKS, MANUSCRIPTS, MAPS, PAINTINGS, PRINTS, MUSIC, ETC., MOST OF WHICH HAVE BEEN ACQUIRED THROUGH INDIVIDUAL GIFTS AND BEQUESTS. A FINE ARTS INSURANCE POLICY WITH COVERAGE UP TO $5,000,000 IS CARRIED ON THE COLLECTIONS. IN THE OPINION OF MANAGEMENT, THIS REPRESENTS ONLY A FRACTION OF THE PRESENT FAIR VALUE OF THE ITEMS, MANY OF WHICH ARE IRREPLACEABLE. THE FOUNDATION HAS NOT ASSIGNED A VALUE TO THE COLLECTIONS FOR ACCOUNTING PURPOSES, SINCE IT IS NOT PRACTICAL TO DETERMINE THE COST, THE FAIR VALUE AT DATE OF ACQUISITION OR THE NET REALIZABLE VALUE OF THESE COLLECTIONS. EFFECTIVE JANUARY 1, 2014 THE FREE LIBRARY OF PHILADELPHIA FOUNDATION (THE FOUNDATION) MERGED WITH THE ROSENBACH MUSEUM AND LIBRARY (RML); WITH THE FOUNDATION ASSUMING GOVERNANCE OVER THE RML NON-PROFIT LEGAL ENTITY. DUE TO THE RML COLLECTIONS OF RARE BOOKS, MANUSCRIPTS, AND FINE ARTS AS WELL AS PUBLIC PROGRAMMING, FOUNDATION MANAGEMENT BELIEVES THE MERGER WILL ENHANCE ITS VARIOUS CURRENT LIBRARY PROGRAMS. PART V, LINE 4: THE ENDOWMENT OF THE FOUNDATION CONSISTS OF 57 FUNDS ESTABLISHED BY DONORS FOR VARIOUS PURPOSES. THE ENDOWMENT OF THE ROSENBACH CONSISTS OF 22 FUNDS ESTABLISHED BY DONORS FOR VARIOUS PURPOSES. AS REQUIRED BY UNITED STATES GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENT, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: THE FOUNDATION HAS OBTAINED A FAVORABLE DETERMINATION THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS AN ORGANIZATION THAT IS OTHER THAN A PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS REVIEWED TAX POSITIONS TAKEN IN FILINGS WITH FEDERAL AND STATE JURISDICTIONS AND BELIEVES THOSE POSITIONS WOULD BE SUSTAINED SHOULD THE FILINGS BE EXAMINED BY THE RELEVANT TAXING AUTHORITY. THESE TAX FILINGS FOR FISCAL 2011, 2012 AND 2013 ARE SUBJECT TO EXAMINATION, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 171,462. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES INCLUDED IN REVENUE ON FINANCIAL STATEMENTS 46,188. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 171,462. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES INCLUDED IN REVENUE ON FINANCIAL STATEMENTS 46,188. X X X X X X 1 SCHULTZ AND WILLIAMS 325 CHESTNUT STREET PHILADELPHIA PA 19106 DIRECT MAIL SERVICES - PLANNING, ADVISING, AND CONSULTING 0 276788 184528 92260 276788 184528 92260 PA NJ BORROWER'S BALL 440875 349550 91325 64602 3600 89570 FAMILY EVENT 11738 6079 5659 8035 1054 1 5100 5100 4257 344 457713 355629 102084 76894 3600 90968 171462 -69378 SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE AMOUNT PAID TO SCHULTZ AND WILLIAMS INCLUDE APPROXIMATELY $85K FOR CONSULTING FEES, $21K FOR POSTAGE AND $77K FOR GRAPHICS AND PRINTING. X X 0 0 0 0 0 0 0 0 0 SANDRA A HORROCKS V.P. EXTERNAL AFFAIRS 155745 0 0 0 0 0 7001 0 0 0 162746 0 0 0 JAMES PECORA CHIEF TECH OFFICER 153940 0 0 0 0 0 6919 0 0 0 160859 0 0 0 MELISSA GREENBERG V.P. DEVELOPMENT 210635 0 0 0 0 0 9402 0 0 0 220037 0 0 0 PART I, LINE 3 THE ORGANIZATION'S PROCESS FOR DETERMINING COMPENSATION INCLUDES AN ANNUAL REVIEW AND APPROVAL BY THE GOVERNING BODY. THE ORGANIZATION USES COMPARABLE DATA FROM ORGANIZATIONS SIMILAR IN SIZE AND PURPOSE FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS. X 2 17550 FMV X 3 29124 FMV X DONATED ADVER 11 40332 FMV X MUSEUM PASSES 4 29005 FMV X DONATED MEDIA 1 25000 FMV X DONATED EVENT 3 18550 FMV X PRINTING 1 10187 FMV X DONATED GIFT 2 2050 FMV X DONATED PHOTO 1 500 FMV 1 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTTIONS IS USED TO DETERMINE COLUMN B FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND IS THEN MADE AVAILABLE TO THE ORGANIZATION'S GOVERNING BODY BEFORE BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CFO IS RESPONSIBLE FOR REVIEWING ALL CONTRACTS AS WELL AS IDENTIFYING ANY POSSIBLE CONFLICTS OF INTEREST. POTENTIAL CONFLICTS OF INTEREST ARE IDENTIFIED APPLYING THE PRESCIBED PROCEDUIRES. THE BOARD OF DIRECTORS MUST ANNUALLY CERTIFY THEIR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S PROCESS FOR DETERMINING COMPENSATION INCLUDES AN ANNUAL REVIEW AND APPROVAL BY THE GOVERNING BODY. THE ORGANIZATION USES COMPARABLE DATA FROM ORGANIZATIONS SIMILAR IN SIZE AND PURPOSE FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 13,641,197. MANAGEMENT AND GENERAL EXPENSES 84,284. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,725,481. TRAINING: PROGRAM SERVICE EXPENSES 2,019. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,019. CONSERVATION & PRESERVATION: PROGRAM SERVICE EXPENSES 14,656. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,656. TEMPORARY SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 481. FUNDRAISING EXPENSES 16,171. TOTAL EXPENSES 16,652. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 13,687. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,687. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,071. FUNDRAISING EXPENSES 848. TOTAL EXPENSES 4,919. RECRUITING: PROGRAM SERVICE EXPENSES 110. MANAGEMENT AND GENERAL EXPENSES 820. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 930. ADMINISTRATIVE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES -200. TOTAL EXPENSES -200. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. THE ROSENBACH OF THE FREE LIBRARY OF PHILADELPHIA FOUNDATION 2010 DELANCEY PLACE PHILADELPHIA PA 19103 231425055 OPERATION OF MUSEUM AND LIBRARY PA 501(C)(3) LINE 7 THE FREE LIBRARY OF PHILADELPHIA FOUNDATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1