2013-11-13T17:32:20-06:00 2012-12-31 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2012-01-01 753032867 NLN FOUNDATION FOR NURSING EDUCATION NLNF 2029092500 2600 VIRGINIA AVE NW WASHINGTON DC 20037 STEPHEN CERAME 2029092500 2013-11-08 1 FREDERICK H ROTHMAN P01275277 2128674000 2012 2016-02-24 21:20:13Z X DR BEVERLY MALONE 2600 VIRGINIA AVE NW WASHINGTON DC 20037 308844 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. 6 6 2 21 0 0 524428 299003 0 0 -1964 8952 2226 889 524690 308844 79474 101777 0 0 106602 90396 0 0 4070 450452 402451 636528 594624 -111838 -285780 1174359 895136 144479 142658 1029880 752478 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 491419 101777 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. 491419 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 38 0 2 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 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 2.00 X X 0 0 0 MICHAEL NEWSOME 2.00 4.00 X X 0 0 0 PAT HINTON WALKER 2.00 X 0 0 0 DOROTHY OTTO 2.00 X 0 0 0 JUDITH A HALSTEAD 2.00 4.00 X 0 0 0 BETTY DAVIS LEWIS 2.00 X 0 0 0 BEVERLY MALONE 2.00 48.00 X 0 490787 20317 STEPHEN CERAME 2.00 48.00 X 0 183403 32627 0 674190 52944 0 0 1 0 0 112855 186148 299003 8952 8952 OTHER INCOME 900099 889 889 889 308844 0 0 9841 X 101777 101777 79242 61903 17339 1451 1133 318 4682 3658 1024 5021 3922 1099 6825 6825 234261 198342 31849 4070 11751 10791 960 1758 1758 40230 36776 3454 75175 68721 6454 OVERHEAD CHARGES 14406 14406 STATE FILING FEES 9005 9005 FOOD,FACILITY AND ENTER 4676 4214 462 CREDIT CARD SERVICE FEE 1967 1967 2397 182 2215 594624 491419 99135 4070 365742 363362 218247 53127 539768 224690 50602 253957 1174359 895136 21937 20128 122542 122530 144479 142658 X 39566 42247 775181 494998 215133 215233 1029880 752478 1174359 895136 -285780 8528 -150 0 X X 0 1 X 1 0 X 289893 598926 833512 524428 299003 2545762 289893 598926 833512 524428 299003 2545762 1569689 976073 17797 6452 4309 1403 8952 38913 3088 3122 6210 3220 1737 5952 2226 889 14024 2604909 0.37470 0.42410 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 340568 100 17330 9100 348898 288139 26994 25435 340568 279951 8188 288139 371151 8800 100000 279951 318651 52500 371151 0.28660 0.61690 0.09650 0 0 0 DUE TO RELATED ORGANIZATION 122530 122530 X 317222 8528 8528 308694 150 150 308844 594624 0 594624 0 594624 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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, 2009 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. 1 SCHOLARSHIPS FOR STUDENTS ENROLLED IN NURSING PROGRAMS 42 101777 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 0 426931 0 62589 0 1267 0 11250 0 9067 0 511104 0 0 STEPHEN CERAME 0 172748 0 10000 0 655 0 8638 0 23989 0 216030 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE EXECUTIVE COMMITEE WILL REVIEW THE FORM 990 WITH THE AUDITORS. WHEN THE FORM 990 IS APPROVED A COPY WILL BE DISTRIBUTED TO THE REMAINING BOARD MEMBERS PRIOR TO FILING WITH THE IRS. 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 2012. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE GIVEN TO INDIVIDUALS ON REQUEST ALONG WITH ANY OTHER DOCUMENTS REQUESTED. OTHER FEES FORM 990, PART IX, LINE 11G EVENT CONSULTING SERVICE: PROGRAM SERVICE EXPENSES 198,342. MANAGEMENT AND GENERAL EXPENSES 31,849. FUNDRAISING EXPENSES 4,070. TOTAL EXPENSES 234,261. AUDIT REVIEW 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 NATIONAL LEAGUE FOR NURSING ACCREDITING COMMISSION INC 3343 PEACHTREE ROAD NE SUITE 500 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 0 0 0