2024-11-15T13:45:18-06:00 2023-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2023-01-01 133871494 METROPOLITAN CLUB FOUNDATION INC METR 9143474653 49 KNOLLWOOD ROAD ELMSFORD NY 10523 TODD ZORN TREASURER 9143474653 2024-11-14 1 0 ALEXANDER LAZZARUOLO P01775353 2126617777 2023 2024-10-15 13:58:12Z TODD ZORN 49 KNOLLWOOD ROAD ELMSFORD NY 10523 1575650 0 X NONE X 1996 NY TO SUPPORT EDUCATIONAL PROGRAMS FOR CLUB MANAGERS AND ASSISTANT MANAGERS TO FURTHER THE CLUB MANAGEMENT PROFESSION 15 15 0 15 0 0 27978 86035 294876 223494 196131 9227 3392 7426 522377 326182 86094 117242 0 0 51584 53936 0 0 0 138423 176716 276101 347894 246276 -21712 2867034 3217841 108931 100732 2758103 3117109 X THE METROPOLITAN CLUB FOUNDATION (THE "FOUNDATION"), INC. WAS FORMED FOR THE FOLLOWING PURPOSES: TO SUPPORT EDUCATIONAL PROGRAMS FOR CLUB MANAGERS AND ASSISTANT MANAGERS; TO FURTHER THE CLUB MANAGEMENT PROFESSION; TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS FROM THE PUBLIC SECTOR, INCLUDING MINORITIES, INTERESTED IN THE CLUB AND HOSPITALITY FIELDS AND IN DOING SO, CREATE A GREATER PUBLIC AWARENESS OF PROFESSIONAL OPPORTUNITIES; TO PROMOTE THE CLUB MANAGEMENT PROFESSION THROUGH ACADEMIC PROGRAMS OFFERED BY COMMUNITY COLLEGES, CULINARY SCHOOLS AND UNIVERSITIES BOTH IN NEW YORK AND OTHER STATES; TO COOPERATE IN THE DISSEMINATION OF PROFESSIONAL INFORMATION TO ALLIED ASSOCIATIONS, ACADEMIC INSTITUTIONS AND OTHER GROUPS INVOLVED WITH THE HOSPITALITY FIELD; TO OFFER LIMITED ASSISTANCE TO CLUB MANAGEMENT PROFESSIONALS AND THEIR FAMILIES FACING CATASTROPHIC AND DEVASTATING SITUATIONS DUE TO ILLNESS, DISASTER OR DEATH OF A FAMILY MEMBER. 0 0 109487 210120 VENDOR SHOW - AN ANNUAL TRADE SHOW FEATURING VENDORS SHOWCASE CLUB SPECIFIC PRODUCTS. ATTENDEES OF THE SHOW INCLUDE MANAGEMENT STAFF FROM AREA CLUBS. 117242 117242 EDUCATION AND SCHOLARHSIPS. 47262 13374 FOUNDATION HOSTS THREE WORKSHOPS A YEAR TO PROVIDE EDUCATIONAL PROGRAMS TO FURTHER THE CLUB MANAGEMENT PROFESSION. THESE 6-HOUR WORKSHOPS ARE OPEN TO THE MEMBERSHIP AND GUESTS AND TAUGHT BY LEADING INDUSTRY EXPERTS. 273991 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 NY X THE FOUNDATION 9143474653 49 KNOLLWOOD ROAD ELMSFORD NY 10523 X BARRY L CHANDLER CHAIRMAN 1.00 X X 0 0 0 RANDALL J RUDER CCM CCE VICE-CHAIRMAN 1.00 X X 0 0 0 TODD ZORN CCM TREASURER 1.00 X X 0 0 0 ROBERT KASARA CCM SECRETARY 1.00 X X 0 0 0 BURTON WARD CCM CCE PAST CHAIRMAN 1.00 X X 0 0 0 COLIN A BURNS CCM DIRECTOR 1.00 X 0 0 0 JEFFREY MARTOCCI CCM DIRECTOR 1.00 X 0 0 0 DANIEL SAALMAN CFP CRPC DIRECTOR 1.00 X 0 0 0 CHARLES D DORN CCM DIRECTOR 1.00 X 0 0 0 DON MOLLITOR DIRECTOR 1.00 X 0 0 0 LORI SAHAGIAN CCM DIRECTOR 1.00 X 0 0 0 JOHN BLADT CCM DIRECTOR 1.00 X 0 0 0 ROBERT C JAMES CCM CCE CHE DIRECTOR 1.00 X 0 0 0 CRAIG RUHLING DIRECTOR 1.00 X 0 0 0 GENE WESTMORELAND DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 14260 71775 86035 VENDOR SHOW EXPOSITION 900099 210120 210120 WORKSHOPS 900099 11988 11988 OTHER 1386 1386 223494 151688 151688 1083517 1225978 -142461 -142461 -142461 30916 14260 23490 7426 7426 326182 0 0 240147 67759 67759 49483 49483 47501 47501 6435 6435 13052 13052 5557 5557 VENDOR SHOW EXPOSITION 109487 109487 100 ANNIVERSARY GALA 27000 27000 WORKSHOPS/SPEAKERS EXPE 20262 20262 MISCELLANEOUS 1358 1358 347894 273991 73903 0 47080 73725 16025 2819954 3128091 2867034 3217841 108931 100732 108931 100732 X 2689759 3048765 68344 68344 2758103 3117109 2867034 3217841 -21712 380718 0 X 0 1 X 1 0 X 23989 31346 50643 27978 86035 219991 23989 31346 50643 27978 86035 219991 219991 136614 94404 175701 112093 151688 670500 890491 761501 0.24700 0.20380 X METROPOLITAN CLUB FOUNDATION, INC., INC. (THE "FOUNDATION") QUALIFIES AS PUBLICLY SUPPORTED BECAUSE IT MEETS THE 10% PLUS FACTS-AND-CIRCUMSTANCES TEST UNDER TREAS REG. 1.170A-9(E)(3) IN THE FOLLOWING RESPECTS:10% OF SUPPORT LIMITATION - AT 20.38% FOUNDATION'S PUBLIC SUPPORT PERCENTAGE FOR 2022 EXCEEDED 10%.ATTRACTION OF PUBLIC SUPPORT AND PUBLIC MISSION: THE METROPOLITAN CLUB FOUNDATION (THE "FOUNDATION"), INC. WAS FORMED FOR THE FOLLOWING PURPOSES: TO SUPPORT EDUCATIONAL PROGRAMS FOR CLUB MANAGERS AND ASSISTANT MANAGERS; TO FURTHER THE CLUB MANAGEMENT PROFESSION; TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS FROM THE PUBLIC SECTOR, INCLUDING MINORITIES, INTERESTED IN THE CLUB AND HOSPITALITY FIELDS AND IN DOING SO, CREATE A GREATER PUBLIC AWARENESS OF PROFESSIONAL OPPORTUNITIES; TO PROMOTE THE CLUB MANAGEMENT PROFESSION THROUGH ACADEMIC PROGRAMS OFFERED BY COMMUNITY COLLEGES, CULINARY SCHOOLS AND UNIVERSITIES BOTH IN NEW YORK AND OTHER STATES; TO COOPERATE IN THE DISSEMINATION OF PROFESSIONAL INFORMATION TO ALLIED ASSOCIATIONS, ACADEMIC INSTITUTIONS AND OTHER GROUPS INVOLVED WITH THE HOSPITALITY FIELD; TO OFFER LIMITED ASSISTANCE TO CLUB MANAGEMENT PROFESSIONALS AND THEIR FAMILIES FACING CATASTROPHIC AND DEVASTATING SITUATIONS DUE TO ILLNESS, DISASTER OR DEATH OF A FAMILY MEMBER. SOURCES OF SUPPORT THE FOUNDATION 'S FUNDING COMES FROM DIVERSE SOURCES INCLUDING A NUMBER OF ORGANIZATIONS AND INDIVIDUALS.REPRESENTATIVE GOVERNING BODY THE FOUNDATION'S ACTIVITIES ARE GOVERNED BY A BOARD OF DIRECTORS REFLECTING A BROAD RANGE OF INDIVIDUALS WITH SPECIAL BACKGROUNDS AND EXPERTISE IN MANAGING AND OPERATING NONPROFIT ORGANIZATIONS. THE FOUNDATION'S BOARD IS ACTIVELY INVOLVED IN SOLICITING NEW AND DIVERSE SOURCES OF FUNDING TO SUPPORT THE FOUNDATION'S PURPOSE.AVAILABILITY OF PUBLIC FACILITIES OR SERVICES; PUBLIC PARTICIPATION IN PROGRAMS OR POLICIES THE FOUNDATION ENGAGES IN A VARIETY OF CHARITABLE ACTIVITIES THAT ARE CONDUCTED DIRECTLY FOR THE BENEFIT OF THE PUBLIC ON A CONTINUING BASIS. THE FOUNDATION CONTINUALLY REEVALUATES ITS PROGRAMS AND STRIVES TO DEVELOP PROGRAMS TO ADDRESS THE CONTINUALLY CHANGING NEED. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 68344 68344 68344 68344 68344 11608 11608 68344 69412 1977 2455 5500 68344 68344 13513 4215 7000 9660 69412 1.00000 0 0 0 730390 380718 23490 404208 326182 0 326182 371384 23490 23490 347894 0 347894 PART XI, LINE 2D - OTHER ADJUSTMENTS: GOLF TOURNAMENT EXPENSES 23,490. PART XII, LINE 2D - OTHER ADJUSTMENTS: GOLF TOURNAMENT EXPENSES 23,490. PART V LINE 4 THE FOUNDATION REPORTS ITS RESTRICTED NET ASSETS IN ACCORDANCE WITH ACCOUNTING STANDARDS. ON SEPTEMBER 17,2010, NEW YORK ADOPTED A VERSION OF THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT ("NYPMIFA") TO GOVERN HOW NOT-FOR-PROFIT ORGANIZATIONS ADMINISTER AND MANAGE ENDOWMENT ASSETS. THE FOUNDATION PRESERVES THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. THE FOUNDATION CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: THE DURATION AND PRESERVATION OF THE FUND, THE PURPOSES OF THE FOUNDATION AND THE DONOR- RESTRICTED ENDOWMENT FUND, GENERAL ECONOMIC CONDITIONS, THE POSSIBLE EFFECT OF INFLATION AND DEFLATION. THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS, OTHER RESOURCES OF THE FOUNDATION, AND THE INVESTMENT POLICIES OF THE FOUNDATION. CELEBRATION OF LIFE GOLF TOURNAMENT 45176 14260 30916 23490 45176 14260 30916 23490 23490 7426 1 PARTRIDGE-INVITATION SCHOLARSHIP FOUNDATION 15 WEST 43RD STREET NEW YORK NY 10036 133526046 501(C)3 10000 0 FMV GENERAL SUPPORT AABR INC 1608 COLLEGE POINT BLVD COLLEGE POINT NY 11356 131968035 501(C)3 10000 0 FMV GENERAL SUPPORT CLUB FOUNDATION 1733 KING STREET ALEXANDRIA VA 22314 521642692 501(C)3 10000 0 FMV GENERAL SUPPORT 3 GRANTS & SCHOLARSHIPS 23 49483 PART I, LINE 2: THE FOUNDATION MONITORS THE USE OF THE GRANT FUNDS. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER REVIEWED A DRAFT OF THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND OFFICERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII - LINE 1 THE FOUNDATION'S POLICY IS TO PREPARE ITS FINANCIAL STATEMENTS ON THE BASIS OF CASH RECEIPTS AND CASH DISBURSEMENTS, MODIFIED TO RECORD INVESTMENTS AT FAIR VALUE, THE RELATED UNREALIZED GAIN OR LOSS, CERTAIN PREPAID EXPENSES AND ACCOUNTS PAYABLE AND ACCRUED EXPENSES.