2012-04-20T14:33:37-05:00 2011-06-30 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2010-07-01 262227891 GRADUATE CENTER FOUNDATION HOUSING CORPORATION GRAD 2128177660 365 FIFTH AVENUE NO 8TH FL NEW YORK NY 10016 STUART SHOR 2128177660 2012-04-04 1 FREDERICK H ROTHMAN 2128674000 2010 2016-02-24 21:20:13Z STUART SHOR 365 FIFTH AVENUE NO 8TH FL NEW YORK NY 10016 4576187 0 X N/A X 2008 NY THE GRADUATE CENTER FOUNDATION HOUSING CORPORATION WAS FORMED TO FOSTER AND ENABLE THE ACHIEVEMENT AND FULFILLMENT OF THE EDUCATION GOAL OF STUDENTS ENROLLED AT THE GRADUATE SCHOOL AND UNIVERSITY CENTER - CUNY BY CREATING AFFORDABLE HOUSING FOR THE USE OF SUCH GRADUATE STUDENTS AND THEIR FAMILIES WHILE THESE STUDENTS COMPLETE THEIR STUDIES. 5 5 0 0 0 0 4547989 2270558 0 0 145340 56012 5963 0 4699292 2326570 0 0 0 0 0 0 0 0 0 42561 120909 42561 120909 4656731 2205661 21278455 35069084 5012500 16608931 16265955 18460153 X THE GRADUATE CENTER FOUNDATION HOUSING CORPORATION WAS FORMED TO FOSTER AND ENABLE THE ACHIEVEMENT AND FULFILLMENT OF THE EDUCATION GOAL OF STUDENTS ENROLLED AT THE GRADUATE SCHOOL AND UNIVERSITY CENTER - CUNY BY CREATING AFFORDABLE HOUSING FOR THE USE OF SUCH GRADUATE STUDENTS AND THEIR FAMILIES WHILE THESE STUDENTS COMPLETE THEIR STUDIES. 0 0 SEE SCHEDULE O GRADUATE CENTER FOUNDATION HOUSING CORPORATION FORMED IN 2008, TO FOSTER AND ENABLE THE ACHIEVEMENT AND FULFILLMENT OF EDUCATION GOALS OF STUDENTS ENROLLED AT THE CITY UNIVERSITY OF NEW YORK GRADUATE SCHOOL AND UNIVERSITY CENTER BY CREATING AFFORDABLE HOUSING FOR THE USE OF SUCH GRADUATE STUDENTS AND THEIR FAMILIES WHILE THESE STUDENTS COMPLETE THEIR STUDIES. THE GRADUATE CENTER FOUNDATION HOUSING CORPORATION IS A SUBSIDIARY OF THE GRADUATE CENTER FOUNDATION, INC.THE EIGHT-STORY GRADUATE CENTER APARTMENTS COMPLEX ADJACENT TO SILBERMAN SCHOOL OF SOCIAL WORK - HUNTER COLLEGE IN EAST HARLEM OFFERS ATTRACTIVE AND AFFORDABLE HOUSING TO CUNY GRADUATE STUDENTS, POSTDOCTORAL FELLOWS AND FACULTY MEMBERS. THE NEW 78 UNIT RESIDENCE CONSISTS OF STUDIO, ONE-, TWO- , THREE- AND FOUR- BEDROOM APARTMENTS. FACULTY APARTMENTS FEATURE TERRACES OVERLOOKING THE SCHOOL OF SOCIAL WORK'S LANDSCAPED COURTYARD. BUILDING AMENITIES FOR RESIDENTS TO ENJOY INCLUDE A LANDSCAPED ROOFTOP TERRACE, GROUND FLOOR LOUNGE, GYMNASIUM, AND LAUNDRY ROOM. THE CUNY GRADUATE CENTER APARTMENTS ARE ALSO A VALUABLE CONTRIBUTION TO THE SURROUNDING NEIGHBORHOOD, BRINGING HIGH QUALITY AFFORDABLE HOUSING TO THE HARLEM COMMUNITY. OPENED IN AUGUST 2011, THE COMPLEX IS PENDING LEED SILVER CERTIFICATION. 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 NY X STUART SHOR 2128177660 365 FIFTH AVENUE 8TH FLOOR NEW YORK NY 10016 X SEBASTIAN PERSICO 1.00 X X 0 0 0 STUART SHOR 1.00 X X 0 0 0 WILLIAM P KELLY 1.00 X 0 0 0 RAYMOND SOLDAVIN 1.00 X 0 0 0 JOHN WILLIAMS 1.00 X 0 0 0 0 0 0 0 0 0 0 TURNER CONSTRUCTION COMPANY 375 HUDSON STREET NEW YORK NY 10014 CONSTRUCTION 19831588 URBAN ASSOCIATES 400 WEST 59TH STREET NEW YORK NY 10019 DEVELOPER'S FEE 366951 FUTURE TECH CONSULTANTS OF NY INC 52 EAST 2ND STREET MINEOLA NY 11501 CONTROLLED INSPECTION 215741 SHUMAN LICHTENSTEIN CLAMAN EFRON 841 BROADWAY NEW YORK NY 10003 ARCHITECHTURAL & ENGINEERING SERVICES 172637 4 2270558 2270558 41412 41412 2264217 2249617 14600 14600 14600 2326570 0 0 56012 72134 72134 20500 20500 24274 24274 135 135 2989 2989 15 15 MISCELLANEOUS 862 862 120909 0 120909 0 12760326 4657715 3672677 2943236 24553936 3244521 24553936 1600931 2785552 0 128645 21278455 35069084 12500 2040940 127595 5000000 14311751 0 128645 5012500 16608931 X 16265955 18460153 16265955 18460153 21278455 35069084 X 2205661 -11463 X X 0 1 0 X 0 X X X 0 0 0 THE GRADUATE CENTER FOUNDATION INC 133219419 5 1 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24553936 24553936 24553936 SECURITY DEPOSITS 128645 128645 2326570 120909 2205661 -11463 -11463 2194198 11164682 48633 8789479 8838112 2326570 0 2326570 3941675 48633 3772133 3820766 120909 0 120909 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING JUNE 30, 2008 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XII, LINE 2D - OTHER ADJUSTMENTS: ACTIVITY FROM FOUNDATION 8,800,942. UNREALIZED LOSS -11,463. PART XIII, LINE 2D - OTHER ADJUSTMENTS: ACTIVITY FROM FOUNDATION 3,772,133. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE OF THE GRADUATE CENTER FOUNDATION, INC. ACTS AS THE AUDIT COMMITTEE OF THE GRADUATE CENTER FOUNDATION HOUSING CORPORATION. THE AUDIT COMMITTEE OF THE FOUNDATION REVIEWS THE HOUSING CORPORATION'S FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE ORGANIZATION FURNISHES COPIES OF ITS ANNUAL INFORMATION RETURNS UPON REQUEST MADE IN PERSON, DURING NORMAL BUSINESS HOURS, OR IN WRITING. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -11,463. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, LINES 12-14 THE ORGANIZATION RELIES ON THE POLICIES OF ITS RELATED ORGANIZATION, GRADUATE CENTER FOUNDATION. THE GRADUATE CENTER FOUNDATION INC 365 FIFTH AVENUE NEW YORK NY 10016 133219419 GRANTS IN SUPPORT OF STUDENTS ON ENDOWMENTS FOR SPECIAL PROGRAMS. NY 501(C)(3) LINE 5 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0