2014-11-13T12:12:39-06:00 2013-12-31 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2013-01-01 753032867 NLN FOUNDATION FOR NURSING EDUCATION NLNF 2029092500 2600 VIRGINIA AVENUE NW WASHINGTON DC 20037 STEPHEN CERAME CFO 2029092500 2014-11-12 1 ISRAEL TANNENBAUM P01589203 2128674000 2013 2015-11-30 17:44:51Z DR BEVERLY MALONE 2600 VIRGINIA AVENUE NW WASHINGTON DC 20037 452067 0 X WWW.NLNFOUNDATION.ORG X 2002 NY THE MISSION OF THE NLN FOUNDATION FOR NURSING EDUCATION IS TO RAISE, SAFEGUARD AND DISTRIBUTE FUNDS THAT PROMOTE EXCELLENCE IN NURSING EDUCATION TO BUILD A STRONG AND DIVERSE NURSING WORKFORCE. TO SUPPORT THE MISSION OF ITS PARENT, NATIONAL LEAGUE FOR NURSING, INC., THROUGH THE FUNDING OF ENDOWMENTS AND THE DEVELOPMENT OF INITIATIVES THAT BENEFIT NLN'S MEMBERSHIP, INCREASE MEMBER ACCESSIBILITY TO EDUCATION PROGRAMS, AND FUND NEW INNOVATIVE RESEARCH. 7 7 2 15 0 0 299003 310481 0 0 8952 7572 889 4375 308844 322428 101777 53000 0 0 90396 57486 0 0 4001 402451 369124 594624 479610 -285780 -157182 895136 764853 142658 170174 752478 594679 X THE MISSION OF THE NLN FOUNDATION FOR NURSING EDUCATION IS TO RAISE, SAFEGUARD AND DISTRIBUTE FUNDS THAT PROMOTE EXCELLENCE IN NURSING EDUCATION TO BUILD A STRONG AND DIVERSE NURSING WORKFORCE. TO SUPPORT THE MISSION OF ITS PARENT, NATIONAL LEAGUE FOR NURSING, INC., THROUGH THE FUNDING OF ENDOWMENTS AND THE DEVELOPMENT OF INITIATIVES THAT BENEFIT NLN'S MEMBERSHIP, INCREASE MEMBER ACCESSIBILITY TO EDUCATION PROGRAMS, AND FUND NEW INNOVATIVE RESEARCH. 0 0 404611 53000 NLN FOUNDATION FOR NURSING EDUCATION WAS ESTABLISHED IN 2002 TO SUPPORT THE MISSION OF ITS PARENT NATIONAL LEAGUE FOR NURSING, INC., THROUGH THE FUNDING OF ENDOWMENTS AND THE DEVELOPMENT OF INITIATIVES THAT BENEFIT NLN'S MEMBERSHIP, INCREASE MEMBER ACCESSIBILITY TO EDUCATIONAL PROGRAMS, AND FUND NEW INNOVATIVE RESEARCH. 404611 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 24 0 2 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AK AR AZ CA CO CT IL KY ME MA MN NH NM NY NC ND OR PA SC TN UT VA WI NJ OH WA FL AL GA HI KS MI MS MO OK RI WV X STEPHEN CERAME CPA 2029092500 2600 VIRGINIA AVENUE NW WASHINGTON DC 20037 NANCY LANGSTON CHAIRPERSON 4.00 X X 0 0 0 MICHAEL NEWSOME TREASURER 2.00 4.00 X X 0 0 0 MARSHA ADAMS TRUSTEE 2.00 X 0 0 0 CHARLOTTE FERRETTI TRUSTEE 2.00 X 0 0 0 BETTY DAVIS LEWIS TRUSTEE 2.00 X 0 0 0 DOROTHY OTTO TRUSTEE 2.00 X 0 0 0 PAT HINTON WALKER TRUSTEE 2.00 X 0 0 0 BEVERLY MALONE CHIEF EXECUTIVE OFFICER 2.00 48.00 X 0 508700 21230 STEPHEN CERAME CHIEF FINANCIAL OFFICER 2.00 48.00 X 0 181991 35031 0 690691 56261 0 0 1 0 0 65625 244856 310481 8776 8776 128435 129639 -1204 -1204 -1204 OTHER INCOME 900099 4375 4375 4375 322428 0 0 11947 X 53000 53000 48429 36251 12178 1097 821 276 1574 1179 395 6386 4780 1606 9525 9525 210 210 232144 192057 40087 427 427 29130 26795 2335 49399 45440 3959 FOOD,FACILITY AND ENTER 8458 4457 4001 39831 39831 479610 404611 70998 4001 363362 351594 53127 87315 224690 124597 253957 201347 895136 764853 20128 46415 122530 123759 142658 170174 X 42247 23203 494998 355293 215233 216183 752478 594679 895136 764853 -157182 -617 0 X X 0 1 X 1 0 X 598926 833512 524428 299003 310481 2566350 598926 833512 524428 299003 310481 2566350 1466305 1100045 6452 4309 1403 8952 8776 29892 3122 3122 1737 5952 2226 889 4375 15179 2614543 0.42070 0.37470 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 348898 950 5863 25210 330481 340568 100 17330 9100 348898 288139 26994 25435 340568 279951 8188 288139 371151 8800 100000 279951 0.25180 0.65420 0.09400 0 0 0 DUE TO RELATED ORGANIZATION 123759 123759 X 321601 0 321601 210 617 827 322428 479400 0 479400 210 210 479610 PART X, LINE 2: THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2010 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INVESTMENTS 617. 1 SCHOLARSHIPS FOR STUDENTS ENROLLED IN NURSING PROGRAMS 9 53000 FORM 990, SCHEUDLE I, PART 1, LINE 1 THE NLN FOUNDATION FOR NURSING EDUCATION ADMINISTERS SEVERAL PROGRAMS AND PROJECTS LED BY INDEPENDENT PROJECT DIRECTORS. PROJECT DIRECTORS ARE REQUIRED TO SUBMIT A MINIMUM OF TWO REPORTS, INCLUDING A FINAL REPORT, EXPLAINING PROGRESS IN DETAIL. IF APPROPRIATE, THE PROJECT DIRECTOR IS REQUIRED TO SUBMIT BUDGET PERFORMANCE DATA IN ADDITION TO PROGRAM NARRATIVE. PROJECT OUTCOME STATISTICS AND STATEMENTS ARE REQUIRED IF RELEVANT TO THE PROGRAM. 0 0 0 0 0 0 0 0 0 BEVERLY MALONE CHIEF EXECUTIVE OFFICER 0 443341 0 64466 0 893 0 11725 0 9505 0 529930 0 0 STEPHEN CERAME CHIEF FINANCIAL OFFICER 0 177336 0 4000 0 655 0 8836 0 26195 0 217022 0 0 FORM 990, PART VI, SECTION A, LINE 6 NATIONAL LEAGUE FOR NURSING, INC. IS THE PRINCIPAL MEMBER OF THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT IS SUBMITTED TO THE EXECUTIVE COMMITEE FOR THEIR REVIEW AND APPROVAL. THE EXECUTIVE COMMITTEE REVIEWS THE FORM 990 WITH THE AUDITORS. ONCE THE EXECUTIVE COMMITTEE HAVE COMPLETED THEIR REVIEW, COPIES OF THE RETURN ARE PROVIDED TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE NATIONAL LEAGUE FOR NURSING (RELATED ORGANIZATION) HAS CONFLICT OF INTEREST STATEMENTS THAT ARE SIGNED ONCE A YEAR BY THE BOARD OF GOVERNORS AND EMPLOYEES OF THE ORGANIZATION. THE STATEMENTS ARE GIVEN TO THE CHIEF EXECUTIVE OFFICER'S ASSISTANTS TO REVIEW TO DETERMINE IF THERE IS A CONFLICT. IF THERE IS A CONFLICT, THEY WILL REPORT THE CONFLICT TO THE CHIEF EXECUTIVE OFFICER AND/OR THE EXECUTIVE COMMITTEE TO DETERMINE THE EXTENT OF CONFLICT AND NECESSARY ACTIONS TO BE TAKEN. IF A CONFLICT ARISES WITH THE CEO, THEN THE EXECUTIVE COMMITTEE IS INFORMED AND THE CEO OR ANYBODY ELSE THAT HAS A CONFLICT WILL BE RECUSED. TRUSTEES ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST STATEMENT IN 2013. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE GIVEN TO INDIVIDUALS ON REQUEST ALONG WITH ANY OTHER DOCUMENTS REQUESTED. FORM 990, PART IX, LINE 11G EVENT CONSULTING SERVICE: PROGRAM SERVICE EXPENSES 192,057. MANAGEMENT AND GENERAL EXPENSES 40,087. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 232,144. FORM 990, PART XII, LINE 2C THE FINANCIAL STATEMENTS ARE AUDITED ON AN ANNUAL BASIS. THE FOUNDATION STAFF WORKS WITH THE NLN (RELATED ORGANIZATION) AND THE INDEPENDENT ACCOUNTANT (SELECTED BY NLN) AS REQUESTED. INFORMATION IS SHARED WITH THE FOUNDATION FINANCE COMMITTEE. THE REVIEW PROCESS HAS NOT CHANGED FROM PRIOR YEARS. NATIONAL LEAGUE FOR NURSING INC 2600 VIRGINIA AVENUE NW WASHINGTON DC 20037 131896510 NURSING EDUCATION NY 501(C)(3) LINE 9 N/A 0 ACCREDITATION COMMISSION FOR EDUCATION IN NURSING 3343 PEACHTREE ROAD NE SUITE 850 ATLANTA GA 30326 133927791 ACCREDITATION SERVICES FOR NURSING EDUCATION NY 501(C)(3) LINE 9 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0