2024-02-14T15:08:05-06:00 2023-03-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2022-04-01 133648312 THE WINGS CLUB FOUNDATION INC WING 2128671770 200 PARK AVENUE E MEZZANINE STE NEW YORK NY 10166 TODD KALLMAN TREASURER 2128671770 2024-02-12 1 TODD KALLMAN 999009999 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THE WINGS CLUB TODD KALLMAN 200 PARK AVENUE E MEZZANINE STE 11 NEW YORK NY 10166 4879917 0 X WWW.WINGSCLUB.ORG X 1990 NY TO FOSTER EDUCATIONAL OPPORTUNITIES FOR STUDENTS PURSUING AN EDUCATION IN AVIATION. 36 36 4 36 0 0 1702290 2052255 122070 212673 134129 106074 -325441 -77374 1633048 2293628 187000 233000 0 0 566176 615248 0 0 51779 580794 766161 1333970 1614409 299078 679219 6787224 7247837 385173 490827 6402051 6757010 X SEE SCHEDULE O 0 0 673063 CONDUCTED THE ANNUAL AWARDS GALA, WHICH INCLUDED THE PRESENTATION OF THE ANNUAL DISTINGUISHED ACHIEVEMENT AWARD, PRESENTATION OF THE ANNUAL SCHOLARSHIP AWARDS AND PRESENTATION OF THE HUMANITARIAN AWARD. 208000 208000 AWARDED FOURTEEN STUDENT SCHOLARSHIPS. 253218 201123 PRESENTED MONTHLY AVIATION LEADER SERIES EDUCATIONAL LUNCHEON EVENTS. EACH LUNCHEON FEATURES A PRESENTATION BY AN AVIATION INDUSTRY LEADER. WINGS CLUB MEMBERS, GUESTS, AND COLLEGE STUDENTS ATTEND THE EVENTS. THE WINGS CLUB PRESENTED TEN OF THESE EVENTS DURING THE FISCAL YEAR. 25000 25000 11550 THE WINGS CLUB FOUNDATION MAKES AN ANNUAL GRANT TO A CHARITABLE ORGANIZATION THAT USES AIRCRAFT TO PROVIDE MEDICAL SUPPLIES AND PERSONNEL AND OTHER HUMANITARIAN AID AND SERVICES. 25000 25000 11550 1159281 1 1 0 0 0 1 0 1 0 1 1 0 0 0 0 0 1 0 0 0 1 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 1 3 0 1 4 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 36 36 0 0 1 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AL AK AR AZ CA CO CT DE FL GA HI IA ID IL IN KS KY LA ME MD MA MI MN MS MO MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WV WI WY X THOMAS FITZSIMMONS 2128671770 200 PARK AVENUE E MEZZANINE STE 11 NEW YORK NY 10166 DAWNE HICKTON PRESIDENT 3.00 X X 0 0 0 MAHENDRA NAIR VICE PRESIDENT 3.00 X X 0 0 0 TOM GENTILE VICE PRESIDENT 3.00 X X 0 0 0 TODD KALLMAN TREASURER 3.00 X X 0 0 0 JOHN BROGAN SECRETARY 3.00 X X 0 0 0 ALI BEN LMADANI GOVERNOR 3.00 X 0 0 0 MARION BLAKEY GOVERNOR 3.00 X 0 0 0 COLIN BOLE GOVERNOR 3.00 X 0 0 0 JUDE BRICKER GOVERNOR 3.00 X 0 0 0 BARRY BUTLER GOVERNOR 3.00 X 0 0 0 BRETT CATLIN GOVERNOR 3.00 X 0 0 0 RICK DEURLOO GOVERNOR 3.00 X 0 0 0 SHARON DEVIVO GOVERNOR 3.00 X 0 0 0 JOHN DIETRICH GOVERNOR 3.00 X 0 0 0 CORA ELQUIST GOVERNOR 3.00 X 0 0 0 JOANNA GERAGHTY GOVERNOR 3.00 X 0 0 0 MATT GREENE GOVERNOR 3.00 X 0 0 0 ANKIT GUPTA GOVERNOR 3.00 X 0 0 0 GREG HAMILTON GOVERNOR 3.00 X 0 0 0 CANDICE IRVIN GOVERNOR 3.00 X 0 0 0 CHRIS JONES GOVERNOR 3.00 X 0 0 0 ROBERT KORN GOVERNOR 3.00 X 0 0 0 GARY KRAUTHAMER GOVERNOR 3.00 X 0 0 0 HUNTLEY LAWRENCE GOVERNOR 3.00 X 0 0 0 VALERIE MANNING GOVERNOR 3.00 X 0 0 0 JAMES MEYLER GOVERNOR 3.00 X 0 0 0 ABDOL MOABERY GOVERNOR 3.00 X 0 0 0 IHSSANE MOUNIR GOVERNOR 3.00 X 0 0 0 BRUCE NOBLES GOVERNOR 3.00 X 0 0 0 JOHN ROSANVALLON GOVERNOR 3.00 X 0 0 0 HOWARD RUBEL GOVERNOR 3.00 X 0 0 0 DAVID SEYMOUR GOVERNOR 3.00 X 0 0 0 JASON TONICH GOVERNOR 3.00 X 0 0 0 STEVEN UDVAR-HAZY GOVERNOR 3.00 X 0 0 0 ANDREW WATTERSON GOVERNOR 3.00 X 0 0 0 MARK YERGER GOVERNOR 3.00 X 0 0 0 THOMAS FITZSIMMONS EXECUTIVE DIRECTOR 40.00 X 350000 0 30251 RICHARD FUREY COUNSEL 3.00 X 0 0 0 MARIE ROSA DIRECTOR OF MARKETING 40.00 X 101231 0 15129 451231 0 45380 2 0 1 0 0 511718 1067521 45541 427475 51063 2052255 MONTHLY LUNCHEONS 900099 201123 201123 INITIATION CONTRIBUTIONS 900099 11550 11550 212673 106074 106074 1523856 1523856 0 985059 1067521 1062433 -77374 -77374 2293628 212673 0 28700 233000 233000 381283 285962 76257 19064 173401 130051 34680 8670 32398 24299 6479 1620 28166 21125 5633 1408 3804 1187 2584 33 14000 4370 9509 121 33333 33333 12205 3810 8290 105 130441 40714 88601 1126 49865 15564 33870 431 165360 124020 33072 8268 10512 3281 7140 91 50265 15689 34142 434 9584 2991 6510 83 23249 23249 MONTHLY LUNCHEONS 253218 253218 FUNDRAISING 10325 10325 1614409 1159281 403349 51779 1423914 1652178 214068 27468 180138 220822 91811 93581 153306 130081 32809 23225 4844484 5230563 6787224 7247837 67801 113410 45541 271831 377417 385173 490827 X 4213913 4476872 2188138 2280138 6402051 6757010 6787224 7247837 679219 -324260 0 X 0 1 X 1 0 X 2306149 1745826 770796 1702290 2052255 8577316 2306149 1745826 770796 1702290 2052255 8577316 947373 7629943 117254 103295 88268 134129 106074 549020 70797 12590 720 84107 9210443 0.82840 0.81570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 250000 1 1 X 0 2188138 300000 208000 2280138 2350138 162000 2188138 2487138 25000 162000 2350138 2679138 50000 242000 2487138 2016954 799184 137000 2679138 1.00000 0 0 70200 54507 15693 83106 75574 7532 23225 2554926 -324260 90795 528096 294631 2260295 33333 33333 2293628 2199967 90795 528096 618891 1581076 33333 33333 1614409 PART III, LINE 4: THE WINGS CLUB FOUNDATION MAINTAINS PIECES OF HISTORICAL AVIATION ART WORK AND MEMORABILIA. THE ART AND MEMORABILIA ARE DISPLAYED IN THE WINGS CLUB OFFICES. SOME PIECES ARE IN STORAGE. PART V, LINE 4: THE ENDOWMENT SHALL BE USED TO PROVIDE GRANTS TO EDUCATIONAL INSTITUTIONS FOR THE ESTABLISHMENT OF STUDENT GRANTS AND LOAN FUNDS TO ENABLE INDIVIDUALS SELECTED BY SUCH EDUCATIONAL INSTITUTIONS TO MEET THE EXPENSES OF HIGHER EDUCATION IN THE FIELD OF AVIATION, CONSISTENT WITH THE PURPOSES OF AND MISSION OF THE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: GROSS UP OF SPECIAL EVENT REVENUE 528,096. PART XII, LINE 2D - OTHER ADJUSTMENTS: GROSS UP OF SPECIAL EVENT REVENUE 528,096. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING - AVIATION LEADER SERIES LUNCHOEN FUNDRAISING 18795 0 0 0 0 0 0 18795 0 18795 0 0 0 0 0 0 PART III ACCOUNTING METHOD: ANNUAL DINNER 2052580 1067521 985059 534337 156681 371415 2052580 1067521 985059 534337 156681 371415 1062433 -77374 1 CHILDREN OF FALLEN PATRIOTS FOUNDATION 1818 LIBRARY ST 500 RESTON VA 20190 470902295 501(C)(3) 10000 0 AVIATION SCHOLARSHIPS EMBRY RIDDLE AERONAUTICAL UNIVERSITY 600 S CLYDE MORRIS BLVD DAYTONA BEACH FL 32114 590936101 501(C)(3) 76000 0 AVIATION SCHOLARSHIPS MASSACHUSETTS INSTITUTE OF TECHNOLOGY MASSACHUSETTS AVENUE CAMBRIDGE MA 02139 042103594 501(C)(3) 10000 0 AVIATION SCHOLARSHIPS PURDUE UNIVERSITY 701 W STADIUM AVENUE WEST LAFAYETTE IN 47907 356002041 501(C)(3) 10000 0 AVIATION SCHOLARSHIPS THE UNIVERSITY OF TEXAS AT AUSTIN PO BOX 8058 AUSTIN TX 78713 746000203 501(C)(3) 20000 0 AVIATION SCHOLARSHIPS TUSKEGEE UNIVERSITY 1200 W MONTGOMERY RD TUSKEGEE AL 36088 630288878 501(C)(3) 20000 0 AVIATION SCHOLARSHIPS UNIVERSITY OF MARYLAND EASTERN SHORE 30665 STUDENT SERVICES CENTER PRINCESS ANNE MD 21853 526002033 501(C)(3) 10000 0 AVIATION SCHOLARSHIPS UNIVERSITY OF MARYLAND 4300 TERRAPIN TRAIL COLLEGE PARK MD 20742 526002033 501(C)(3) 10000 0 AVIATION SCHOLARSHIPS VAUGHN COLLEGE OF AERONAUTICS & TECHNOLOGY 86-01 23RD AVENUE FLUSHING NY 11369 110461385 501(C)(3) 42000 0 AVIATION SCHOLARSHIPS CORPORATE ANGEL NETWORK ONE LOOP ROAD WHITE PLAINS NY 10604 136143014 501(C)(3) 25000 0 GENERAL SUPPORT 10 PART I, LINE 2: THE SCHOLARSHIPS ARE AWARDED TO EIGHT UNIVERSITIES, FOR A SCHOLARSHIP FOR A SPECIFIC STUDENT - MIT, EMBRY-RIDDLE AERONAUTICAL UNIVERSITY, PURDUE UNIVERSITY, THE UNIVERSITY OF MARYLAND, THE UNIVERSITY OF MARYLAND EASTERN SHORE, THE UNIVERSITY OF TEXAS AT AUSTIN, TUSKEGEE UNIVERSITY AND VAUGHN COLLEGE OF AERONAUTICS AND TECHNOLOGY. THE SCHOLARSHIPS ARE BASED ON CRITERIA ESTABLISHED BY THE WINGS CLUB FOUNDATION. THE WINGS CLUB FOUNDATION ALSO MAKES A GRANT TO THE CHILDREN OF FALLEN PATRIOTS FOUNDATION FOR A STUDENT SCHOLARSHIP. IN ADDITION, THE WINGS CLUB MAKES AN ANNUAL HUMANITARIAN GRANT TO AN ORGANIZATION THAT USES AVIATION TO PROVIDE MEDICAL SUPPLIES AND PERSONNEL AND HUMANITARIAN AID AND SERVICES. X 1 1 X 0 0 0 0 0 0 0 0 0 THOMAS FITZSIMMONS EXECUTIVE DIRECTOR 265000 0 85000 0 0 0 0 0 30251 0 380251 0 0 0 PART I, LINE 1A THE CLUB PROVIDES SOCIAL CLUB DUES TO THE EXECUTIVE DIRECTOR. PART I, LINE 1B THE WINGS CLUB FOUNDATION REIMBURSES THE SOCIAL CLUB DUES TO THE EXECUTIVE DIRECTOR. X 2 51063 FMV 0 1 0 PART I, LINE 32B: THE WINGS CLUB FOUNDATION HAS A WRITTEN GIFT ACCEPTANCE POLICY. PART III - LINE 1 THE WINGS CLUB FOUNDATION'S PRIMARY MISSION IS (1) TO FOSTER EDUCATIONAL OPPORTUNITIES FOR INDIVIDUALS PURSUING AN EDUCATION IN THE FIELD OF AVIATION, WHICH IS DONE THROUGH GRANTS TO UNIVERSITIES FOR THE ESTABLISHMENT OF STUDENT SCHOLARSHIPS AND LOANS TO ENABLE INDIVIDUALS SELECTED BY SUCH EDUCATIONAL INSTITUTIONS TO MEET THE EXPENSES OF HIGHER EDUCATION IN THE FIELD OF AVIATION; AND (2) TO PROVIDE AND SUPPORT AND MAKE GRANTS TO CHARITABLE ORGANIZATIONS THAT USE AIRCRAFT TO PROVIDE MEDICAL SUPPLIES AND PERSONNEL AND OTHER HUMANITARIAN AID AND SERVICES. TOWARD THESE AND RELATED ENDS, THE WINGS CLUB FOUNDATION PRESENTS MONTHLY AVIATION-LEADER-SERIES EDUCATIONAL LUNCHEON SPEAKING EVENTS. WINGS CLUB FOUNDATION EXECUTIVE MEMBERS ALSO MAKE PRESENTATIONS TO UNIVERSITY STUDENTS THROUGH THE AEROSPACE ON CAMPUS PROGRAM. FORM 990, PART VI, SECTION A, LINE 4 THE WINGS CLUB FOUNDATION MADE THE FOLLOWING CHANGES TO ITS BY-LAWS: 1. GENERAL CLEAN-UP OF WORDING, PUNCTUATION, ARTICLE/SECTION REFERENCES, ETC.; UPDATE PROVISIONS TO REFLECT CURRENT WORDING OF NY NOT-FOR-PROFIT LAW; 2. 1.02 TO REFLECT THE LOCATION OF THE FOUNDATION'S OFFICE IN ACCORDANCE WITH THE CERTIFICATE OF INCORPORATION 3. 3.04 TO CLARIFY THAT THE AUDIT & FINANCE COMMITTEE SHALL BE A COMMITTEE OF THE BOARD IN ACCORDANCE WITH SECTION 712A OF THE NY NOT-FOR-PROFIT LAW 4. 4.13 TO REFLECT THAT BOARD MEMBERS SHALL ADHERE TO GUIDELINES AND POLICIES AS ADOPTED BY THE BOARD. THE BOARD OF GOVERNOR ENGAGEMENT RECOMMENDATION PRESENTED AT THE BOARD MEETING IN MAY 2022 BY THE AD HOC COMMITTEE ON BOARD MEMBER ENGAGEMENT. 5. 6.01 & 6.02 TO REFLECT THAT THE EXECUTIVE COMMITTEE AND THE AUDIT & FINANCE COMMITTEE ARE BOARD COMMITTEES, AND TO REFLECT THE PROVISIONS RELATED TO BOARD COMMITTEES AS SET OUT IN SECTION 712 OF THE NY NOT-FOR-PROFIT LAW 6. 7.01 - 7.04 TO REFLECT THAT THE OTHER PERMANENT COMMITTEES ARE FOUNDATION COMMITTEES (AS OPPOSED TO BOARD COMMITTEES); DESCRIPTIONS OF THESE COMMITTEES HAVE BEEN UPDATED. ON A RELATED NOTE, THE CHARTERS FOR EACH OF THESE COMMITTEES AS WELL AS FOR THE AUDIT & FINANCE COMMITTEE HAVE BEEN PREPARED TO SET OUT IN MORE DETAIL THE PURPOSES, COMPOSITION AND RESPONSIBILITIES OF THESE COMMITTEES 7. 8.08 & 8.09 TO PERMIT MEMBER MEETINGS BY ELECTRONIC MEANS 8. 8.10 TO CLARIFY THE USE OF PROXIES IN CONNECTION WITH MEMBER MEETINGS 9. 10.01 - 10.04 TO REFLECT THE PROVISIONS TO AWARD GOVERNOR EMERITUS AND HONORARY GOVERNOR STATUS TO DESERVING CANDIDATES. FORM 990, PART VI, SECTION A, LINE 6 THE WINGS CLUB FOUNDATION HAS MEMBERS. MEMBERS PAY AN ANNUAL MEMBERSHIP FEE. THE MEMBERS ELECT THE BOARD OF GOVERNORS AT THE ANNUAL MEETING. NEITHER THE MEMBERS NOR THE BOARD OF GOVERNORS HAVE ANY RIGHT TO RECEIVE DISTRIBUTIONS OF INCOME OR ASSETS FROM THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A AT EACH ANNUAL MEETING OF THE FOUNDATION, THE FOUNDATION MEMBERS IN GOOD STANDING ARE ENTITLED TO VOTE AND ELECT THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FINAL FORM 990 IS SENT TO A BOARD MEMBER/OFFICER OF THE FOUNDATION FOR SIGNATURE. COPIES OF THE FORM 990 ARE PROVIDED TO EACH BOARD MEMBER AT THE ANNUAL MEETING AND ARE MADE AVAILABLE AT THE ANNUAL MEETING FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL DISCLOSURE STATEMENT. NEW MEMBERS THAT COME ON TO THE BOARD DURING THE YEAR ARE REQUIRED TO REVIEW THE POLICY STATEMENT AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION PLAN WAS REVIEWED AND APPROVED BY THE TREASURER, AUDIT & FINANCE COMMITTEE, AND THE PRESIDENT. THE AUDIT & FINANCE COMMITTEE REVIEWED AND APPROVED COMPARATIVE COMPENSATION DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS ANNUAL REPORT AND FINANCIAL STATEMENTS AVAILABLE AT THE ANNUAL MEETING. OTHER ORGANIZATIONAL DOCUMENTS, INCLUDING THE CONFLICT OF INTEREST POLICY, ARE AVAILABLE UPON REQUEST.