2011-11-08T20:08:55-06:00 2010-12-31 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2010-01-01 130623590 THE FORWARD ASSOCIATION INC FORW 2128898200 125 MAIDEN LANE NEW YORK NY 10038 SAMUEL NORICH 2128898200 2011-11-08 1 FREDERICK H ROTHMAN 2128674000 2010 2016-03-07 17:11:31Z SAMUEL NORICH 125 MAIDEN LANE NEW YORK NY 10038 16509483 0 X WWW.FORWARD.COM X 1901 NY TO PROMOTE AND STRENGTHEN JEWISH PEOPLEHOOD, YIDDISH CULTURE, AND SOCIAL AND ECONOMIC JUSTICE. IT PURSUES THESE GOALS THROUGH ITS PUBLICATIONS AND PHILANTHROPIC GRANTS, AND THROUGH COLLABORATIVE EFFORTS WITH OTHER LIKEMINDED ORGANIZATIONS. 12 12 50 1 794011 -250 69790 93994 1869093 1610808 -1616518 6955995 81207 127391 403572 8788188 5500 2350 0 0 3726128 3954461 0 0 274632 3954667 4329055 7686295 8285866 -7282723 502322 65225878 67442237 1715139 1755905 63510739 65686332 X THE ASSOCIATION EXISTS TO PROMOTE AND STRENGTHEN JEWISH PEOPLEHOOD, YIDDISH CULTURE, AND SOCIAL AND ECONOMIC JUSTICE. IT PURSUES THESE GOALS THROUGH PUBLICATIONS AND PHILANTHROPIC GRANTS, AND THROUGH COLLABORATIVE EFFORTS WITH OTHER LIKEMINDED ORGANIZATIONS. THE FORWARD ASSOCIATION FULFILLS ITS MISSION THROUGH THE PUBLICATION OF 2 WEEKLY NEWSPAPERS AND MAINTAINING WEBSITES.IN 2010 THE FORWARD ASSOCIATION CONTINUED ITS EVOLUTION INTO A DIGITAL MEDIA ORGANIZATION. IN ADDITION TO PUBLISHING 2 WEEKLY NEWSPAPERS, THE ENGLISH LANGUAGE FORWARD AND THE YIDDISH LANGUAGE FORVERTS, THE ASSOCIATION MAINTAINS WEBSITES - WWW.FORWARD.COM AND WWW.YIDDISH.FORWARD.COM - WHICH ARE UPDATED DAILY. WE HAVE COMMITTED TO A "DIGITAL FIRST" POLICY FOR THE ENGLISH PAPER/WEBSITE AND, WHEN OUR WEBSITE REDESIGN IS COMPLETE IN 2011, WE WILL RELAUNCH THEJEWISHDAILYFORWARD.COM. THE SITE WILL BE UPDATED 24 HOURS PER DAY, 5 DAYS EACH WEEK TO PROVIDE FRESH CONTENT. 0 0 1260055 55145 YIDDISH MEDIA DIVISION: PUBLICATION OF NEWSPAPERS THAT HAVE A YIDDISH, ETHNIC AND CULTURAL FOCUS, AND TO EXPAND AND PRESERVE OTHER SOCIAL WELFARE ACTIVITIES. 4821991 761652 ENGLISH MEDIA DIVISION: PUBLICATION OF NEWSPAPERS THAT HAVE AN ENGLISH, ETHNIC AND CULTURAL FOCUS, AND TO EXPAND AND PRESERVE OTHER SOCIAL WELFARE ACTIVITIES.IN ADDITION TO PUBLISHING OUR TWO WEEKLY NEWSPAPERS WHICH STILL PROVIDE A VERY LARGE PROPORTION OF OUR EARNED INCOME, THE FORWARD ASSOCIATION IS IN THE PROCESS REFOCUSING OUR OPERATIONS TO BECOME A DIGITAL MEDIA ORGANIZATION IN ACCORDANCE WITH OUR NEWLY ADOPTED STRATEGIC PLAN. WE ARE REVAMPING OUR WEBSITES, WWW.FORWARD.COM AND WWW.YIDDISH.FORWARD.COM, TO PROVIDE FREQUENTLY UPDATED CONTENT, INCLUDING BOTH AUDIO AND VISUAL MATERIALS.WE ARE ALSO FURTHERING OUR MISSION THROUGH THE PRODUCTION AND SPONSORSHIP OF PUBLIC FORUMS, CULTURAL PROGRAMMING, AND EVENTS AND EXHIBITIONS. 2350 2350 GRANTS PROGRAM- AS PART OF ITS MISSION, IN 2008 THE FORWARD ASSOCIATION AWARDED GRANTS TO ORGANIZATIONS UNDERTAKING PROJECTS TO STRENGTHEN JEWISH PEOPLEHOOD, YIDDISH CULTURE, AND SOCIAL AND ECONOMIC JUSTICE. 6084396 1 1 0 0 0 0 1 0 0 1 1 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 145 0 1 50 1 1 1 1 CA 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY AL AK AZ AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NC ND OH OK OR PA RI SC TN UT VA WA WV WI X VIRGINA LARSON 2128898200 125 MADIEN LANE NEW YORK NY 10038 PAULA HYMAN 3.00 X 0 0 0 ADAM J WHITEMAN 3.00 X 0 0 0 KATHLEEN PERATIS 3.00 X 0 0 0 ELLIOTT PALEVSKY 3.00 X 0 0 0 JIM HOFHEIMER 3.00 X 0 0 0 RUTH HOROWITZ 3.00 X 0 0 0 JEFFRY MALLOW 3.00 X 0 0 0 MATTHEW GELFAND 3.00 X 0 0 0 JACOB MOROWITZ 10.00 X X 0 0 0 DR BARNETT ZUMOFF 5.00 X X 0 0 0 DEBORAH ZISKIN 3.00 X X 0 0 0 JUDY MISZNER 3.00 X X 0 0 0 SAMUEL NORICH 60.00 X 201091 0 19716 DAVID DRIMER 40.00 X 153275 0 14563 JANE EISNER 50.00 X 183116 0 5998 BORIS SANDLER 40.00 X 126309 0 8467 VIRGINIA LARSON 40.00 X 105101 0 13487 768892 0 62231 5 0 1 0 0 93994 93994 PUBLISHING SERVICE 511110 1610808 816797 794011 1610808 380398 380398 50421 50421 112595 44028 68567 68567 68567 5580783 8672081 5313552 2363715 267231 6308366 6575597 6575597 MISCELLANEOUS 900099 8403 8403 8403 8788188 816797 794011 7083386 2350 2350 577759 300435 277324 2699517 2280519 295226 123772 45192 38865 5875 452 385063 329891 51237 3935 246930 203563 35500 7867 581161 295154 229531 56476 138992 30096 100542 8354 37000 37000 252093 252093 460193 460193 735546 601850 82854 50842 281204 156017 120180 5007 35813 32403 2954 456 22140 14766 7079 295 456023 70588 370018 15417 59238 32414 25751 1073 FREIGHT AND CIRCULATION 729277 729277 FREELANCE WRITERS 490090 490090 MISCELLANEOUS 33555 15925 16944 686 BAD DEBT 16730 16730 8285866 6084396 1926838 274632 2100 2600 4185758 1081678 238720 269791 474246 84784 88568 15196985 1305855 16647637 13891130 22406075 25279815 21186558 26828655 65225878 67442237 239690 290343 514218 715673 961231 749889 1715139 1755905 X 63510739 65686332 63510739 65686332 65225878 67442237 X 502322 1673271 X X 0 1 1 X 0 X 69790 93994 163784 1869093 1610808 3479901 1938883 1704802 3643685 0 0 0 3643685 688176 543414 1231590 688176 543414 1231590 19618 8403 28021 2646677 2256619 4903296 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 11445868 453285 10992583 2523234 94619 2428615 1227883 757951 469932 13891130 COOPERATIVE BANK STOCK 4065 F HEDGE FUNDS 26824590 F 26828655 SEVERANCE AND PENSION PAYABLE 749889 749889 8788188 8285866 502322 1629243 44028 1673271 2175593 10209366 1629243 44028 1673271 8536095 252093 252093 8788188 8033773 0 8033773 252093 252093 8285866 PART III, LINE 4: MEASURING APPROX. 402 LINEAR FEET, WITH 57% CATALOGED, THE FORWARD'S COLLECTION OF PHOTOGRAPHS AND DOCUMENTARY MATERIALS ARE PART OF A HISTORIC JEWISH NEWSPAPER FOUNDED IN 1897 IN NEW YORK CITY, AND WITH A WORLDWIDE READERSHIP. IT IS THE ONLY YIDDISH NEWSPAPER ORIGINATING IN THE 19TH CENTURY THAT CONTINUES TO PUBLISH IN THE 21ST CENTURY. IT WAS THE NEWSPAPER OF RECORD FOR MANY JEWISH IMMIGRANTS ARRIVING HERE BEFORE CONGRESS CUT IMMIGRATION IN 1924, AND HAS CONTINUED TO SERVE THOSE AND OTHER IMMIGRANTS AND THEIR DESCENDENTS IN ENSUING GENERATIONS WHO CONTINUE TO RELY ON IT. THE COLLECTION FORMED DURING PUBLISHING OF AMERICA'S LARGEST YIDDISH DAILY NEWSPAPER FROM 1897-1983, AND AS A WEEKLY SINCE. NEWS EVENTS WORLDWIDE SHAPE THE COLLECTION, WITH AN EMPHASIS ON MODERN JEWISH HISTORY, NEW YORK IMMIGRANT HISTORY, AND GENERAL CULTURE AND HISTORY OF THE LATE 19TH AND 20TH CENTURIES. THROUGHOUT ITS 113 YEAR HISTORY, THE FORVERTS HAS USED ORIGINAL PHOTOGRAPHY. THE COLLECTION IS FAIRLY GLOBAL IN SCOPE COMPRISING MATERIALS FROM EASTERN CENTRAL AND WESTERN EUROPE, THE FORMER SOVIET UNION, BRITISH MANDATED PALESTINE, THE US AND CANADA AS WELL AS ASIA, AFRICA AND ARAB LANDS. WE HOUSE OVER 40,000 GELATIN SILVER PHOTOS MORE THAN HALF OF WHICH REMAIN TO BE CATALOGED. WE OWN SEVERAL UNPROCESSED ROLLS OF FILM BY HARRY LOPATIN, WHOSE CONTRIBUTIONS ARE LARGELY UNKNOWN & WHO WAS ONE OF OUR EARLY PHOTOGRAPHERS. THERE ARE SEVERAL CANS OF REGULAR 8MM COLOR MOTION PICTURE FILM FROM 'CAMP HEMSHEKH' WHICH WAS A SUMMER CAMP SERVING CHILDREN OF MEMBERS OF THE HISTORIC JEWISH LABOR BUND. THERE ARE GLASS NEGATIVES, METAL AND CARDBOARD PLATES, PHOTOS DERIVED FROM THE ORIGINAL PRINTING PROCESS OF OUR NEWSPAPER. THE PRINTING OF THE NEWSPAPER TOOK PLACE IN OUR HISTORIC LANDMARKED BUILDING ON THE LOWER EAST SIDE OF NYC, AND THE METAL PLATES WERE MAINTAINED IN FILE FOLDERS ALONG WITH THE FILE CABINETRY - MORGUE OF NEWSPAPER PHOTOS, BUT ARE NOT COMPLETE REPLICAS OF THE PHOTOS, AND OFTEN CONTAIN UNIQUE HISTORIC IMAGES WE DON'T HAVE AS PHOTOGRAPHS. OVERSIZE HANDWRITTEN NOTEBOOKS CONTAINING BOARD MEETING NOTES IN YIDDISH 1920-1980'S DESCRIBING THE BUSINESS AND POLITICS OF RUNNING THE PAPER; LITERARY & BUSINESS CORRESPONDENCE IN ENGLISH & YIDDISH, BUSINESS RECORDS, CONTRACTS & FINANCIAL CERTIFICATES, YIDDISH MANUSCRIPTS, CD'S OF OUR YIDDISH RADIO PROGRAMS FROM THE 'FORVERTS RADIO HOUR'/WEVD RADIO STATION, EXTERIOR PIECES OF BUILDING FACADE FROM THE ORIGINAL FORVERTS BUILDING, PLAQUES AND AWARDS, LETTERS TO THE EDITOR INCLUDING THOSE FROM INDIVIDUALS SEEKING RELATIVES LOST DURING WWII, AND SEVERAL HARD COPY ISSUES FROM THE 1930'S-60'S OF THE ORIGINAL YIDDISH NEWSPAPER. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ASSOCIATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2007 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: RENTAL EXPENSE 44,028. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 44,028. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS- FOREIGN HEDGE FUNDS AND LIMITED LIABILITY COMPANY EUROPE (INCLUDING ICELAND AND GREENLAND) INVESTMENTS- FOREIGN HEDGE FUNDS MIDDLE EAST AND NORTH AFRICA 1 2 PROGRAM SERVICES DISTRIBUTION OF ASSOCIATION'S NEWSPAPERS 0 2 0 2 0 0 0 0 0 0 0 0 0 X X X 0 0 0 0 0 0 0 1 0 SAMUEL NORICH 201091 0 0 0 0 0 0 0 19716 0 220807 0 0 0 DAVID DRIMER 145831 0 7444 0 0 0 1451 0 13112 0 167838 0 0 0 JANE EISNER 183116 0 0 0 0 0 406 0 5592 0 189114 0 0 0 PART I, LINE 7 AN EMPLOYEE, PURSUANT TO HIS EMPLOYMENT CONTRACT, RECEIVED BONUS PAYMENTS, BASED ON SPECIFIC TARGETED GOALS. FORM 990, PART VI, SECTION A, LINE 6 THE FORWARD ASSOCIATION IS A MEMBERSHIP ORGANIZATION MADE UP OF PEOPLE WHO SUBSCRIBE TO THE ASSOCIATION'S MISSION STATEMENT. FORM 990, PART VI, SECTION A, LINE 7A THE NOMINATING COMMITTEE PREPARES A SLATE OF CANDIDATES WHO ARE VOTED UPON BY THE ENTIRE ASSOCIATION AT A GENERAL MEMBERSHIP MEETING. IF ELECTED, NEW MEMBERS SERVE FOR AN INITIAL 3 YEAR TERM. THEY MAY THEN BE NOMINATED FOR LIFETIME MEMBERSHIP. THE ASSOCIATION ALSO VOTES ON THE NOMINEES FOR LIFETIME MEMBERSHIP. THE GENERAL MEMBERSHIP ALSO ELECTS THE OFFICERS AND THE BOARD OF DIRECTOR/COMMITTEE CHAIRS. THE NOMINATING COMMITTEE PREPARES A SLATE OF CANDIDATES FOR THE 4 OFFICERS AND 8 COMMITTEE CHAIRS WHO COMPRISE THE BOARD OF DIRECTORS. THE MEMBERS OF THE ASSOCIATION VOTE FOR AND ELECT THE OFFICERS AND THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 WHEN THE COMPLETED FORM 990 IS RECEIVED BY THE ORGANIZATION,BEFORE IT IS FILED WITH THE IRS, IT WILL BE DISTRIBUTED TO MEMBERS OF THE AUDIT COMMITTEE FOR AN INITIAL REVIEW. THE AUDIT COMMITTEE MEETS, EITHER IN PERSON OR VIA TELECONFERENCE, TO DISCUSS THE 990 AND THEN REFERS IT TO THE MEMBERS OF THE BOARD OF DIRECTORS FOR SEPARATE REVIEW. BOARD MEMBERS ARE ENCOURAGED TO COMMENT AND AFTER DISCUSSION, THE 990 WILL BE FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY TO THE MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS AND KEY EMPLOYEES. EACH IDIVIDUAL IS REQUIRED TO SUBMIT ANNUALLY THAT HE OR SHE HAS READ THE POLICY AND WHETHER HE OR SHE HAS ENGAGED IN AN ACTIVITY THAT WOULD POSE A CONFLICT. THESE REPORTS ARE REVIEWED BY THE BOARD. FURTHER, IF AN INDIVIDUAL BECOMES AWARE OF A CONFLICT PRIOR TO THE ANNUAL SUBMISSION OF HIS OR HER REPORT, THAT INDIVIDUAL IS REQUIRED TO IMMEDIATELY INFORM THE BOARD. IF A CONFLICT OF INTEREST IS IDENTIFIED, THAT PERSON SHALL REFRAIN FROM USING HIS OR HER PERSONAL INFLUENCE TO ENCOURAGE THE ASSOCIATION TO ENGAGE IN THOSE ACTIVITIES AND HE OR SHE WILL NOT PARTICIPATE IN DELIBERATIONS RELATED TO THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S AND ALL EMPLOYEE'S COMPENSATION IS REVIEWED BY THE COMPENSATION COMMITTEE AFTER EXAMINING PERTINENT NOT FOR PROFIT COMPANIES. ONCE APPROVED BY THE COMPENSATION COMMITTEE, THE BOARD OF DIRECTORS VOTES ON THE PROPOSED CONTRACT (CONTRACT NOT APPLICABLE FOR REGULAR EMPLOYEES). THE PROCESS WAS LAST UNDERTAKEN IN 2010. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,629,243. RENTAL EXPENSE 44,028. TOTAL TO FORM 990, PART XI, LINE 5: 1,673,271. RESPONSIBILITIES OF OVERSIGHT COMMITTEE FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.