2024-11-08T09:58:05+00:00 2023-12-31 440160260 Forvis Mazars LLP 135 West 50th Street New York NY 10020 990 2023-01-01 474600665 The Osborn Foundation OSBO 9149258278 101 THEALL ROAD RYE NY 10580 ROBERT S DAVIS CFO AND TREASURER 2024-11-08 true Aaron Shapiro P01333816 2128127000 2023-11-15 2023 2024-10-15 13:58:12Z ROBERT S DAVIS 101 THEALL ROAD RYE NY 10580 1553003 false X WWW.THEOSBORN.ORG X 2015 NY THE MISSION OF THE OSBORN FOUNDATION IS TO SUPPORT THE MISSION OF THE OSBORN BY PROVIDING PHILANTHROPIC SUPPORT FOR KEY STRATEGIC INITIATIVES. 3 3 5 13 0 0 2367081 1526369 0 6393 26634 0 2373474 1553003 311300 1280673 0 249664 264262 0 334763 138310 200240 699274 1745175 1674200 -192172 3594251 3608799 21211 100358 3573040 3508441 SEE SCHEDULE O. false false 1350494 1280673 0 THE OSBORN FOUNDATION'S PROGRAM SERVICE INCLUDES RAISING FUNDS TO SUPPORT THE OSBORN'S CHARITY CARE PROGRAM, THE RENOWNED MUSIC AND MEMORY PROGRAM FOR DEMENTIA CARE RESIDENTS, THE EMPLOYEE ACADEMIC ACHIEVEMENT AWARD, AND NUMEROUS MEMORIAL GIFTS. FUNDS WERE RAISED VIA MAJOR GIFT SOLICITATIONS, A CHARITABLE REMAINDER UNITRUST, ANNUAL APPEAL, AND DONOR REPORT. 1350494 true true false false false false false false false false false false true true false true true false false false false false false false false false true true true false false false false false false false false false false false false false true false false false true 2 0 5 true false false false false false false false false false false false false X 3 3 false true false false true true true true true false false true true true true true true true true false NY X ROBERT S DAVIS 9149258278 101 THEALL ROAD RYE NY 10580 SUSAN MILLER CHAIR 2.0 4.0 X X 0 0 0 ALBERT BRUNNER TRUSTEE 2.0 2.0 X 0 0 0 NATHAN W PEARSON TRUSTEE 2.0 2.0 X 0 0 0 MATTHEW ANDERSON PRESIDENT/CEO 0.3 37.2 X 5005 620652 69532 ROBERT S DAVIS CFO AND TREASURER 0.3 37.2 X 3642 451553 73029 RICHARD SGAGLIO VP MARKETING AND FUNDRAISING 0.3 37.2 X 1771 219659 26567 10418 1291864 169128 0 false true false 0 1526369 1526369 0 0 0 0 0 26634 26634 0 0 0 0 0 0 0 0 0 1553003 0 0 26634 1217673 1217673 63000 63000 11771 11771 182897 182897 49378 49378 20216 20216 59162 59162 200 200 0 0 0 0 70054 70054 LANDSCAPING 64449 64449 MISCELLANEOUS 6375 5372 556 447 0 0 0 0 1745175 1350494 59918 334763 252904 131071 6612 6587 0 0 0 0 0 0 0 0 146426 154381 0 0 3188309 3316760 3594251 3608799 325 5360 0 0 20886 94998 21211 100358 X 44115 -157199 3528925 3665640 3573040 3508441 3594251 3608799 X -192172 -554 128127 X false true X true false X X 2 MIRIAM OSBORN MEMORIAL HOME ASSOCIATION INC 135562312 9 true 1200000 0 STERLING HOME CARE INC 133890611 9 true 0 0 2 1200000 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED BENEFICIAL INTEREST IN REMAINDER TRUST 3316436 DUE FROM STERLING HOME CARE 324 3316760 DUE TO MIRIAM OSBORN MEMORIAL HOME ASSOCIATION 94998 94998 1680376 -554 128127 127573 1552803 200 0 200 1553003 1744975 0 0 1744975 200 0 200 1745175 Schedule D, Part X, Line 2 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 CHANGE IN BENEFICIAL INTEREST IN REMAINDER TRUST - 128127 true MIRIAM OSBORN MEMORIAL HOME ASSOCIATION 101 THEALL ROAD RYE NY 10580 135562312 501(C)(3) 1200000 EXP. REIMBURSEMENT & CHARITY CARE TRANSFER 1 0 FOUNDATION SCHOLARSHIP ACHIEVEMENT 53 63000 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE USE OF GRANT FUNDS IS MONITORED BY THE ORGANIZATION'S BOARD OF TRUSTEES. THE BOARD MUST APPROVE THE RELEASE OF FUNDS, BUT MAY AUTHORIZE THE OSBORN FOUNDATION STAFF TO AUTHORIZE THE FOUNDATION'S DONATIONS TO NON-PROFITS IN KEEPING WITH THE COMMUNITY RELATIONS PROGRAM. X false X X X X X X false true false false false false false true false MATTHEW ANDERSON PRESIDENT/CEO 4001 496217 803 99514 201 24921 119 14731 437 54245 5561 689628 0 0 ROBERT S DAVIS CFO AND TREASURER 2934 363735 472 58578 236 29240 119 14731 465 57714 4226 523998 0 0 RICHARD SGAGLIO VP MARKETING AND FUNDRAISING 1677 208010 64 7960 30 3689 77 9525 136 16829 1984 246013 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use CEO & PRESIDENT GETS RESIDENCE FOR PERSONAL USE AS REQUIRED BY THE OSBORN NETWORK. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan IN 2023, THE FOLLOWING INDIVIDUALS PARTICIPATED IN A 457(B) PLAN: MATTHEW ANDERSON: $197 ROBERT S. DAVIS: $197 Schedule J, Part I, Line 7 Non-fixed payments THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES ALL BONUSES FOR THE OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES. WHEN CALCULATING THE BONUSES, THEY BASE IT ON INDIVIDUAL PERFORMANCE. Form 990, Part III, Line 1 ORGANIZATION'S MISSION THE OSBORN FOUNDATION RAISES FUNDS TO SUPPORT THE OSBORN'S CHARITY CARE PROGRAM, PROGRAMS FOR OSBORN RESIDENTS, CAMPUS BEAUTIFICATION PROJECTS, EMPLOYEE ACADEMIC ACHIEVEMENT AWARDS AND EMPLOYEE ENRICHMENT PROGRAMS, AS WELL AS MEMORIAL GIFTS. FUNDS WERE RAISED VIA MAJOR GIFT SOLICITATIONS, A CHARITABLE REMAINDER UNIT TRUST, AN ANNUAL FUNDRAISING EVENT, ANNUAL APPEAL, GRATEFUL PATIENT APPEAL, AND DONOR REPORT. Form 990, Part VI, Line 3 Delegation of management duties MIRIAM OSBORN MEMORIAL HOME ASSOCIATION MANAGES THE OSBORN FOUNDATION DAY TO DAY OPERATION AND CHARGES MANAGEMENT FEE. Form 990, Part VI, Line 6 Classes of members or stockholders NOT-FOR-PROFIT RELATED ORGANIZATIONS. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE BOARD MEMBERS OF THE FOUNDATION ARE APPOINTED BY THE OSBORN NETWORK, INC. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE SOLE MEMBER MUST APPROVE ANY CHANGES TO THE BY-LAWS AND APPOINTS TRUSTEES TO THE BOARD OF TRUSTEES. Form 990, Part VI, Line 11b Review of form 990 by governing body THE 990 WAS REVIEWED BY THE CFO, THE CONTROLLER, THE DIRECTOR OF FINANCIAL REPORTING AND INTERNAL AUDIT, AND THE BOARD OF TRUSTEES PRIOR TO BEING SUBMITTED TO THE IRS. ANY ISSUES WITH THE 990 ARE PRESENTED TO THE CFO. THE AUDIT COMMITTEE MUST APPROVE ANY CHANGES. Form 990, Part VI, Line 12c Conflict of interest policy OFFICERS, DIRECTORS, AND KEY EMPLOYEES FOLLOW THE CONFLICT OF INTEREST POLICY SET FORTH BY MIRIAM OSBORN MEMORIAL HOME ASSOCIATION. IF ANY CONFLICT OF INTEREST EXISTS, IT MUST BE DISCLOSED TO THE BOARD PRIOR TO IMPORTANT DECISION VOTES TAKEN. IF THE AUDIT COMMITTEE DETERMINES THAT A CONFLICT OF INTEREST DOES EXIST, THE INDIVIDUAL ASSOCIATED WITH THE CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE DELIBERATIONS AND DECISIONS RELATING TO THAT CONFLICT. Form 990, Part VI, Line 15a Process to establish compensation of top management official CONSULTANTS ARE CONTACTED ANNUALLY FOR ADVICE ON HOW MUCH TO MOVE THE RATES. THIS IS DONE BY A RELATED ORGANIZATION AND LAST TOOK PLACE AT YEAR END IN 2023. Form 990, Part VI, Line 15b Process to establish compensation of other employees CONSULTANTS ARE CONTACTED ANNUALLY FOR ADVICE ON HOW MUCH TO MOVE THE RATES. THIS IS DONE BY A RELATED ORGANIZATION AND LAST TOOK PLACE AT YEAR END IN 2023. Form 990, Part VI, Line 19 Required documents available to the public THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN AND CONTRIBUTIONS OF BENEFICIAL INTEREST IN REMAINDER TRUST - 128127; MIRIAM OSBORN MEMORIAL HOME ASSOCIATION 101 THEALL ROAD RYE NY 10580 135562312 CCRC NY 501(c)(3) 10 OSBORN NETWORK false THE OSBORN NETWORK INCORPORATED 101 THEALL ROAD RYE NY 10580 463093940 SOLE MEMBER NY 501(c)(3) Type II NA false STERLING HOME CARE 101 THEALL ROAD RYE NY 10580 133890611 HOME CARE NY 501(c)(3) 10 OSBORN NETWORK false false true false false false false false false false false false false true true true true false false false Schedule R, Part II IDENTIFCATION OF RELATED TAX-EXEMPT ORGANIZATIONS NAME OF ORGANIZATION: THE OSBORN NETWORK, INCORPORATED PRIMARY ACTIVITY: SOLE MEMBER OF MIRIAM OSBORN MEMORIAL HOME ASSOCIATION, STERLING HOME CARE, AND THE OSBORN FOUNDATION.