2012-12-19T06:46:50-06:00 2012-06-30 233063393 ELKO & ASSOCIATES LTD 2 WEST BALTIMORE AVE SUITE 210 MEDIA PA 19063 990 2011-07-01 521173474 FREE LIBRARY OF PHILADELPHIA FOUNDATION FREE 2155675948 1901 VINE STREET PHILADELPHIA PA 191031189 DAVID T EDWARDS 2155675948 2012-12-10 1 JOHN J NIHILL CPA P00844252 6105653930 2012-12-10 2011 2016-02-24 21:20:13Z SAME AS ABOVE SIOBHAN A REARDON 1901 VINE STREET PHILADELPHIA PA 191031189 32782170 0 X WWW.FREELIBRARY.ORG X 1891 PA 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 36 478 230 0 0 8951663 6856195 787406 787001 364745 -350477 327620 274281 10431434 7567000 0 0 0 0 4106248 5025610 141999 199387 1720389 8778389 7416693 13026636 12641690 -2595202 -5074690 44526753 38294374 2437427 1275524 42089326 37018850 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 4063667 787001 PUBLIC PROGRAMS: TO PROVIDE LITERACY, CULTURAL AND EDUCATIONAL PROGRAMMING ON BEHALF OF THE FREE LIBRARY OF PHILADELPHIA. EXAMPLES OF SUCH PROGRAMS INCLUDE: THE MAYOR'S COMMISSION ON LITERACY'S MOVING UP PROGRAM, THE PHILADELPHIA BOOK FESTIVAL, ONE BOOK ONE PHILADELPHIA, SCIENCE IN THE SUMMER, TEEN PROGRAMMING, AND THE AUTHOR LECTURE SERIES. 5066756 CENTRAL LIBRARY CAPITAL RENOVATION PROJECT: TO EXPAND AND RENOVATE THE CENTRAL BRANCH OF THE LIBRARY. 499273 COLLECTIONS AND PRESERVATION: TO ENHANCE THE LIBRARY'S PROMINENT RESEARCH COLLECTIONS, SUCH AS THE FLEISHER COLLECTION, DICKENS COLLECTION, POE COLLECTION, MEDIEVAL MANUSCRIPTS, ETC. 25052 FACILITIES RENOVATIONS: TO RENOVATE THE MATERIALS MANAGEMENT DEPARTMENT OF THE LIBRARY, WHICH IS RESPONSIBLE FOR THE SELECTION AND MANAGEMENT OF THE LIBRARY'S COLLECTIONS. 299359 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. 324411 9954107 1 1 0 1 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 78 0 1 478 1 0 0 0 0 0 1 1 0 0 0 0 X 36 36 1 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 FOUNDA 2155675948 1901 VINE STREET PHILADELPHIA PA 19103 TOBEY DICHTER 1.00 X X 0 0 0 LESLIE ANNE MILLER 1.00 X X 0 0 0 ROBERT HEIM 1.00 X X 0 0 0 JAMES HAVERILL PHD 1.00 X X 0 0 0 RICHARD A GREENAWALT 1.00 X X 0 0 0 ELIZABETH GEMMILL 1.00 X X 0 0 0 SIOBHAN A REARDON 1.00 X 0 0 0 CYNTHIA AFFLECK 1.00 X 0 0 0 RENEE AMOORE 1.00 X 0 0 0 PHYLLIS W BECK 1.00 X 0 0 0 PETER A BENOLIEL 1.00 X 0 0 0 SHELDON BONOVITZ 1.00 X 0 0 0 GEORGE DAY 1.00 X 0 0 0 ANDREA EHRLICH 1.00 X 0 0 0 MARIE FIELD 1.00 X 0 0 0 DANIEL K FITZPATRICK 1.00 X 0 0 0 W WILSON GOODE SR 1.00 X 0 0 0 DANIEL GORDON 1.00 X 0 0 0 ANDREW T GREENBERG 1.00 X 0 0 0 ELIZABETH GRENALD 1.00 X 0 0 0 JOHN IMBESI 1.00 X 0 0 0 LINDA E JOHNSON 1.00 X 0 0 0 GEOFFREY KENT 1.00 X 0 0 0 ALEXANDER KERR ESQ 1.00 X 0 0 0 MARCIENE S MATTLEMAN 1.00 X 0 0 0 STEPHANIE W NAIDOFF 1.00 X 0 0 0 PATRICK M OATES 1.00 X 0 0 0 DEREK N PEW 1.00 X 0 0 0 WILLIAM R SASSO 1.00 X 0 0 0 SUSAN G SMITH 1.00 X 0 0 0 MIRIAM SPECTOR 1.00 X 0 0 0 STACEY SPECTOR 1.00 X 0 0 0 BARBARA SUTHERLAND 1.00 X 0 0 0 JAY WEINSTEIN 1.00 X 0 0 0 LARRY WEISS 1.00 X 0 0 0 WILLIAM L WILSON 1.00 X 0 0 0 PAUL A ADDIS 1.00 X 0 0 0 GERALD MAGINNIS 1.00 X 0 0 0 SANDRA A HORROCKS 37.50 X 158120 0 6797 JAMES PECORA 37.50 X 156194 0 6714 DAVID EDWARDS 37.50 X 145508 0 0 SARAH MORAN 37.50 X 118793 0 5093 SUSAN GOULD 37.50 X 129479 0 5556 MELISSA GREENBERG 37.50 X 213459 0 6725 JUDITH RENYI 37.50 X 136958 0 2741 1058511 0 33626 7 0 1 0 L F DRISCOLL 9 PRESIDENTIAL BOULEVARD BALA CYNWYD PA 190040468 CONSTRUCTION 2430498 SAFDIE ARCHITECTS 100 PROPERZI WAY SOMMERVILLE MA 02143 CONSTRUCTION 1192400 WHALEN BEREZ GROUP 209 HEYERS MILL ROAD COLTS NECK NJ 07722 CUSTOM FURNITURE 273691 SHULTZ & WILLIAMS 325 CHESTNUT ST STE 700 PHILADELPHIA PA 19106 MARKETING & DEVELOPMENT 180824 4 447455 1053437 5355303 156204 6856195 FINES & LOST BOOKS 900099 421250 421250 LECTURE SERIES 900099 272209 272209 FEES & LIBRARY SERVICE 900099 71760 71760 SALES OF BOOKS & PUBLI 900099 21782 21782 787001 519522 519522 23816 23816 44831 0 44831 44831 44831 24252881 25122880 -869999 -869999 -869999 77577 447455 92290 -14713 -14713 VENDED SYSTEMS 900099 181880 181880 OTHER INCOME 900099 38467 38467 220347 7567000 787001 0 -76196 X 473333 304012 75886 93435 3801368 2453657 601071 746640 65103 34518 14920 15665 149238 78864 35250 35124 536568 338068 59863 138637 42819 17522 25297 71739 11134 60605 96872 96872 199387 199387 3449606 3222498 185496 41612 87953 61667 1577 24709 1690883 1392162 31855 266866 21054 8364 4525 8165 125357 105677 12293 7387 320582 226770 43540 50272 20959 8124 12835 134321 66832 61008 6481 LIBRARY MATERIALS 788887 783134 219 5534 PROGRAMS AND EXHIBITS 361513 321017 10945 29551 BANK AND CREDIT CARD FE 69095 31351 13749 23995 DUES AND PUBLICATIONS 47306 23793 19331 4182 87747 368071 -290236 9912 12641690 9954107 967194 1720389 1577027 329906 13177662 9490815 5212248 5002286 488569 665637 135695 56409 242888 175863 0 67025 23908481 22653775 27071 28521 44526753 38294374 2437427 1275524 2437427 1275524 X 7861980 7748712 24785138 19827680 9442208 9442458 42089326 37018850 44526753 38294374 X -5074690 4214 X 0 1 1 X 1 1 X 11341816 9121389 8920885 8999124 6933772 45316986 11341816 9121389 8920885 8999124 6933772 45316986 1145178 44171808 2227216 1055940 609839 568537 543338 5004870 254022 261644 241605 284752 265178 1307201 51629057 3458773 0.85560 0.86750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 96872 96872 9857235 9954107 647705 161926 0 0 0 0 704960 647705 1352665 2028998 0 0 97250 96872 194122 0 0 176240 161926 338166 507249 0 0 0 X X 0 18618981 13555 -345558 835069 17451909 15406502 49809 4316278 1153608 18618981 13631029 167141 2190716 582384 15406502 19261445 214325 -4815238 1029503 13631029 0.06000 0.54000 0.40000 0 0 113246 113246 0 129642 62617 67025 67025 7567000 12641690 -5074690 4214 4214 -5070476 7663504 4214 92290 96504 7567000 0 7567000 12733980 92290 92290 12641690 0 12641690 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. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT OF THE FOUNDATION CONSISTS OF 55 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 2009, 2010 AND 2011 ARE SUBJECT TO EXAMINATION, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 92,290. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 92,290. X X X X X X 1 SCHULTZ AND WILLIAMS 325 CHESTNUT STREET PHILADELPHIA PA 19106 DIRECT MAIL SERVICES - PLANNING, ADVISING, AND CONSULTING 0 204575 186244 18331 LEAPFROG 245 FIRST ST 18TH FLOOR BOSTON MA 02142 E-MAIL CAMPAIGN 0 53567 13143 40424 258142 199387 58755 PA NJ DICKENS OF A DINNER 481482 422157 59325 55546 2373 4270 ONE BOOK ANNIVERSARY DINNER 24150 11248 12902 10174 15000 1 19400 14050 5350 4915 12 525032 447455 77577 15089 70546 2373 4282 92290 -14713 EXPLANATION OF FUNDRAISING PAYMENTS SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE AMOUNT PAID TO SCHULTZ AND WILLIAMS INCLUDE APPROXIMATELY $69K FOR CONSULTING FEES, $35K FOR POSTAGE AND $81K FOR GRAPHICS AND PRINTING. X X 0 0 0 0 0 0 0 0 0 SANDRA A HORROCKS 158120 0 0 0 0 0 6797 0 0 0 164917 0 0 0 JAMES PECORA 156194 0 0 0 0 0 6714 0 0 0 162908 0 0 0 MELISSA GREENBERG 213459 0 0 0 0 0 6725 0 0 0 220184 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 8800 FMV X 1 1500 FMV X 3 68598 FMV X SUPPLIES 1 1771 FMV X MUSEUM PASSES 1 28800 FMV X DONATED GIFT CARDS 5 10120 FMV X DVD'S 1 20400 FMV X DONATED EVENT PASSES 4 16215 FMV 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE NUMBER OF CONTRIBUTTIONS IS USED TO DETERMINE COLUMN B FORM 990, PART VI, SECTION A, LINE 2 ANDREW GREENBERG (BOD MEMBER) IS MARRIED TO MELISSA (COOPERSMITH) GREENBERG (HIGHLY COMPENSATED EMPLOYEE) FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE FINANCE 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, FEES FOR SERVICES (NON-EMPLOYEES), OTHER: THE OTHER COSTS ON PART IX LINE 11G INCLUDE PRIMARILY PROFESSIONAL SERVICE FEES ASSOCIATED WITH PUBLIC PROGRAMS AS WELL AS COSTS ASSOCIATED WITH OUR RENOVATION AND EXPANSION CAPITAL CAMPAIGN. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 4,214.