2011-10-13T10:24:36-05:00 2010-12-31 DORFMAN ABRAMS MUSIC LLC 250 PEHLE AVE SUITE 702 SADDLE BROOK NJ 07663 990 2010-01-01 222126867 THE VALERIE FUND VALE 9737610422 2101 MILLBURN AVENUE MAPLEWOOD NJ 07040 BARRY KIRSCHNER 9737610422 2011-09-30 1 ANDREW SILVERSTEIN CPA 2014039750 2010 2016-03-07 17:11:31Z BARRY KIRSCHNER 2101 MILLBURN AVENUE MAPLEWOOD NJ 07040 2889078 0 X WWW.THEVALERIEFUND.ORG X 1976 NJ THE VALERIE FUND IS A 501(C)3 NOT FOR PROFIT ORGANIZATION ESTABLISHED ON 1976 IM MEMORY OF NINE YEAR OLD VALERIE GOLDSTEIN BY HER PARENTS, ED AND SUE. THE VALERIE FUND'S MISSION IS TO PROVIDE SUPPORT FOR THE COMPREHENSIVE HEALTH CARE OF CHILDREN WITH CANCER AND BLOOD DISORDERS. FAMILIES TURN TO THE VALERIE FUND BECAUSE OF THE UNIQUE COMBINATION OF MEDICAL CARE, COUNSELING, AND OTHER SERVICES IT PROVIDES. THE VALERIE FUND CHILDREN'S CENTERS COMPRISE THE LARGEST NETWORK OF HEALTHCARE FACILITIES FOR CHILDREN WITH CANCER AND BLOOD DISORDERS IN NEW JERSEY, AND ONE OF THE LARGEST IN THE NATION. THE SEVEN CENTERS HOST APPROXIMATELY 25,000 PATIENT VISITS EACH YEAR. 14 14 7 100 0 0 1843023 2052255 0 0 30359 10272 335546 249812 2208928 2312339 1502297 1007589 0 0 611121 650672 0 0 239892 427439 456598 2540857 2114859 -331929 197480 3305000 3368875 739179 597411 2565821 2771464 TO RAISE FUNDS TO SUPPORT COMPREHENSIVE HEALTH CARE FOR CHILDREN WITHCANCER AND BLOOD DISORDERS. 0 0 1528789 1007589 THE VALERIE FUND SUPPORTS THE CHILD LIFE ACTIVITIES AND SOCIAL WORK PROGRAMS AT SEVEN HOSPITAL-BASED VALERIE FUND CENTERS IN NEW YORK & NEW JERSEY. CHILDREN AND THEIR FAMILIES VISITED THE CENTERS APPROXIMATELY 25,000 TIMES IN 2010 TO BE TREATED FOR CANCER AND OTHER BLOOD DISORDERS. THE VALERIE FUND ALSO HOSTS SEVERAL HOLIDAY PARTIES AT VARIOUS TIMES DURING THE YEAR. HOLIDAY FUNCTIONS HOSTED BY TVF DURING 2010 SERVED APPROXIMATELY 1900 PATIENTS AND THEIR FAMILIES. 138688 THE VALERIE FUND OPERATES CAMP HAPPY TIMES, A FREE ONE-WEEK CAMP FOR CHILDREN WITH CANCER. CAMP HAPPY TIMES SERVES BETWEEN 175 AND 200 CHILDREN AND TEENAGE PATIENT LEADERS-IN-TRAINING. ADDITIONALLY, SUBSIDY FUNDING WAS PROVIDED FOR 50-75 CHILDREN WITH BLOOD DISORDERS TO ATTEND OTHER CAMP PROGRAMS DESIGNED FOR THEIR NEEDS. 1667477 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 4 0 7 1 0 0 0 0 0 1 1 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 NJ X X BARRY KIRSCHNER 9737610422 2101 MILLBURN AVE MAPLEWOOD NJ 07040 JOSEPH MANGIONE 2.00 X X 0 0 0 MERRIE BERNSTEIN 2.00 X X 0 0 0 BRIAN FUHRO ESQ 2.00 X X 0 0 0 JODI ROSENBERG ESQ 2.00 X X 0 0 0 JUDY ABRAMS 2.00 X 0 0 0 MARK GALL 2.00 X 0 0 0 GAIL P COHEN 2.00 X 0 0 0 DEBRA GELBAND 2.00 X 0 0 0 JEFF GREENHOLTZ 2.00 X 0 0 0 TIM HARTNETT 2.00 X 0 0 0 DAVID NOVAK 2.00 X 0 0 0 JULIE RUBINSTEIN 2.00 X 0 0 0 CLAIRE STEVENS 2.00 X 0 0 0 DIANE YOUNG MD 2.00 X 0 0 0 BARRY KIRSCHNER 40.00 X X 144068 0 14028 BERNICE FLANDERS 40.00 X 102466 0 0 LORI B ABRAMS 40.00 X 116923 0 0 363457 0 14028 3 0 1 0 0 806223 1246032 2052255 10272 10272 826551 806223 576739 249812 249812 2312339 0 0 260084 1007589 1007589 158096 87109 41264 29723 397510 219028 103750 74732 7719 4254 2014 1451 40048 22067 10452 7529 47299 26062 12345 8892 11501 6578 1806 3117 625 325 300 10670 6103 1675 2892 17782 9760 3047 4975 16143 6112 4591 5440 13194 7547 2071 3576 CAMP HAPPY TIMES 193533 193533 NEWSLETTERS 51753 51753 OTHER PROGRAM EXPENSES 36468 36468 REPAIRS AND MAINTENANCE 22590 12921 3547 6122 OTHER OPERATING EXPENSE 20446 5285 7186 7975 61893 17061 13417 31415 2114859 1667477 207490 239892 1517500 2363645 637515 635350 314620 56681 97223 71190 75873 397622 151951 252315 245671 134449 161843 110000 3305000 3368875 164179 89911 575000 487500 20000 739179 597411 X 1206179 1403044 529930 401528 829712 966892 2565821 2771464 3305000 3368875 X 197480 8163 X X 0 1 1 X 0 X 996280 1526799 1603010 1425819 1332631 6884539 996280 1526799 1603010 1425819 1332631 6884539 6884539 58246 74106 59655 29355 10272 231634 7116173 7005770 0.96740 0.96020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 831410 137180 2555 5586 965559 339035 487737 5138 500 831410 321017 25063 741 7786 339035 1.00000 0 0 50000 50000 347622 151951 195671 245671 2312339 2114859 197480 8163 8163 205643 2407101 8163 86599 94762 2312339 0 2312339 2201458 86599 86599 2114859 0 2114859 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION ESTABLISHED THE ENDOWMENT FUND FOR BOTH SPECIFIC PURPOSES AND FOR THE GENERAL SUPPORT OF THE ORGANIZATION. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: AS OF DECEMBER 31, 2010, MANAGEMENT BELEIVES THAT BASED ON EVALUATION OF THE FUND'S TAX POSITION THAT ANY ADDITIONAL LIABILITY AS A RESULT OF UNCERTAIN TAX POSITIONS WOULD NOT BE MATERIAL. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE FULINGS TO ASSIST US IN EVALUATING THE FUND'S TAX POSITIONS. ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY, WOULD BE RECOGNIZED AS PART OF THE INCOME TAX PROVISION. INCOME TAX RETURNS ARE FILED IN THE U.S. FEDERAL JURISDICTION AND STATE JURISDICTIONS. U.S. FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2007 ARE CLOSED. THANKSGIVING BALL 532097 32535 499562 93791 75215 10000 38174 BALTUSROL GOLF OUTING 304000 105840 198160 53643 90184 11966 5 796277 667848 128429 19873 18618 2108 4900 158267 1632374 806223 826151 167307 184017 2108 14900 208407 576739 249412 1 VALERIE FUND CHILDREN'S CENTER - NEWARK BETH ISRAEL HOSPITAL 201 LYONS AVE NEWARK NJ 07112 222587176 501(C)(3) 200000 SUPPORT OF CHILDREN'S CENTER VALERIE FUND CHILDREN'S CENTER - ST BARNABUS MEDICAL CENTER 94 OLD SHORT HILLS RD LIVINGSTON NJ 07039 222378422 501(C)(3) 262584 SUPPORT OF CHILDREN'S CENTER VALERIE FUND CHILDREN'S CENTER - OVERLOOKMORRISTOWN HOSPITAL 33 OVERLOOK RD SUITE 211 SUMMIT NJ 07901 510194054 501(C)(3) 218241 SUPPORT OF CHILDREN'S CENTER VALERIE FUND CHILDREN'S CENTER - MONMOUTH MEDICAL CENTER 300 SECOND AVE LONG BRANCH NJ 07740 222456079 501(C)(3) 100000 SUPPORT OF CHILDREN'S CENTER VALERIE FUND CHILDREN'S CENTER - NY PRESBYTRIAN HOSPITAL 622 WEST 168TH ST NEW YORK NY 10032 743066193 501(C)(3) 90000 SUPPORT OF CHILDREN'S CENTER VALERIE FUND CHILDREN'S CENTER - CHILDHOSPOF PHILANJ SECTION OF HEMONC 1012 LAUREL OAK RD VOORHEES NJ 08043 232237932 501(C)(3) 120000 SUPPORT OF CHILDREN'S CENTER SCHOLARSHIP PROGRAM - CO VALERIE FUND 2101 MILBURN AVE MAPLEWOOD NJ 07040 222126867 501(C)(3) 13750 SCHOLARSHIP PROGRAM OTHER SCHOLARSHIP MISC - CO VALERIE FUND 2101 MILBURN AVE MAPLEWOOD NJ 07040 222126867 501(C)(3) 3014 SCHOLARSHIP PROGRAM PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION MONITORS GRANT FUNDS TO HOSPITAL CENTERS ON A QUARTERLY BASIS AS STATUS REPORTS ARE SENT TO THE MAIN OFFICE. FUNDS TO BE ALLOCATED TO EACH CENTER IS DETERMINED ANNUALLY DURING THE BUDGET PLANNING PROCESS WITH THE BOARD. SCHOLARSHIP APPLICATIONS ARE REVIEWED AND VOTED ON BY THE BOARD. SCHOLARSHIP RECEIPIENTS ARE VALERIE FUND PEDIATRIC PATIENTS ENTERING COLLEGE. 0 0 0 0 0 0 0 0 0 BARRY KIRSCHNER 144068 0 0 0 0 0 0 0 14028 0 158096 0 0 0 X CAMP SUPPLIES 71 86599 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF TRUSTEES REVIEWS ALL INFORMATION ON FORM 990 ALONG WITH OUR OUTSIDE AUDITORS PRIOR TO FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS THE CONFLICT OF INTEREST POLICY THROUGH REVIEW AT BOARD MEETINGS AND THROUGH THE NEED FOR DUAL SIGNATURES ON MAJOR EXPENSES TO ENSURE THERE IS NO VIOLATION ON THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD DETERMINES COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES THROUGH REVIEWING INDEPENDENT SALARY SOURCES. THE RESULTS OF THIS REVIEW IS DOCUMENTED IN THE MINUTES OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 8,163. FORM 990, PAGE 11, PART XI, LINE 2C THE BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND FOR SELECTION OF THE INDEPENDENT ACCOUNT.