2024-04-03T13:50:55-05:00 2023-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2022-07-01 237193748 SVA ALUMNI SOCIETY INC SVAA 2125922300 209 EAST 23RD STREET NEW YORK NY 100103974 TODD RADOM CHAIRMAN 2125922300 2024-04-01 1 TODD RADOM 999009999 0 FREDERICK MARTENS P00154047 2126972299 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z TODD RADOM 209 EAST 23RD STREET NEW YORK NY 100103974 467314 0 X WWW.SVA.EDU/ALUMNI X 1972 NY THE SOCIETY WORKS IN CONJUNCTION WITH THE ALUMNI AFFAIRS AND DEVELOPMENT OFFICE AT THE SCHOOL OF VISUAL ARTS SERVING AS THE VEHICLE FOR GRANTING SELECT STUDENT SCHOLARSHIPS AND MERIT AWARDS AND SOLICITING DONATIONS TO FUND THE PROGRAMS. 6 6 0 6 0 0 319628 411720 0 0 127409 47942 0 0 447037 459662 149831 149800 0 0 0 0 0 0 69797 169075 203095 318906 352895 128131 106767 2174207 2352515 0 225 2174207 2352290 X SVA ALUMNI SOCIETY, INC. (THE "SOCIETY") WAS ESTABLISHED TO MAINTAIN, PROMOTE AND ENHANCE A MUTUALLY BENEFICIAL RELATIONSHIP BETWEEN THE SCHOOL OF VISUAL ARTS (THE "SCHOOL") AND ITS ALUMNI. THE SOCIETY PROMOTES PROFESSIONAL DEVELOPMENT AMONG THE ALUMNI AND RAISES FUNDS TOWARD SCHOLARSHIP PROGRAMS. 0 0 162002 149800 NAMED AND MERIT SCHOLARSHIPSFORTY NAMED SCHOLARSHIPS, TOTALING $60,800, AND ONE $1,000 MERIT SCHOLARSHIP WERE ISSUED IN FY23. SCHOLARSHIPS SUPPORT THE DIRECT COST OF COMPLETING A FINAL THESIS/SENIOR PORTFOLIO PROJECT, TO RECOGNIZE INDIVIDUAL ACCOMPLISHMENT AND MERIT, OR ARE NEED BASED, AS INDICATED BELOW. ALL MARTICULATED STUDENTS IN GOOD ACADEMIC STANDING WITH A MINIMUM CUMULATIVE GPA OF 3.0, AND PLANNING TO GRADUATE IN SPRING 2023, WERE ELIGIBLE. THE LILA LEWENTAL MEMORIAL AWARD WAS DISTRIBUTED TO ONE STUDENT IN THE AMOUNT OF $10,000. THE RODMAN FAMILY SCHOLARSHIP AWARD WAS DISTRIBUTED TO ONE STUDENT IN THE AMOUNT OF $2,400. AWARDS FROM THESE TWO FUNDS ARE NEED BASED AND ARE DISTRIBUTED ANNUALLY TO A STUDENT TO DIRECTLY PAY FOR STUDENT LOAN DEBT.HOUSING SCHOLARSHIPSIN FY23 $31,000 IN SCHOLARSHIPS WERE AWARDED TO TWO HOUSING SCHOLARSHIP RECIPIENTS. THE INTENT OF THE ALUMNI SOCIETY HOUSING SCHOLARSHIP IS TO PROVIDE ON-CAMPUS HOUSING FOR A STUDENT WHO WOULD OTHERWISE COMMUTE FROM HOME. THE HOUSING SCHOLARSHIP COVERS THE COST OF ON-CAMPUS HOUSING FOR THE DURATION AT SVA (NOT TO EXCEED FOUR YEARS). ELIGIBLE STUDENTS MUST FULFILL THE FOLLOWING CRITERIA: HOME ADDRESS IS WITHIN A 100 MILE RADIUS FROM ZIP CODE 10010; MINIMUM HIGH SCHOOL OR TRANSFER GPA OF 3.0; DEMONSTRATED FINANCIAL NEED.ALUMNI AND EMERGENCY ASSISTANCE FUND SCHOLARSHIPSTHE ALUMNI SCHOLARSHIP FUND ISSUED FORTY-FIVE AWARDS TO SUPPORT THE DIRECT COST OF COMPLETING FINAL THESIS/SENIOR PORTFOLIO PROJECTS. ALL MATRICULATED STUDENTS IN GOOD ACADEMIC STANDING WITH A MINIMUM GPA OF 3.0, AND PLANNING TO GRADUATE IN SPRING 2023, WERE ELIGIBLE. AWARD AMOUNTS RANGE FROM $500-$2000 AND ARE BASED UPON ARTISTIC MERIT, AS DETERMINED BY A REVIEW PANEL, AND FINANCIAL NEED AS DEMONSTRATED BY A PROJECT BUDGET. IN FY23 $17,000 WAS AWARDED TO THIRTY-FOUR STUDENTS FROM THE EMERGENCY ASSISTANCE FUND (EAF). THE FUND WAS ESTABLISHED IN ORDER TO PROVIDE EMERGENCY FINANCIAL ASSITANCE IN THE FORM OF MICROGRANTS TO SUPPORT CURRENTLY ENROLLED, FULL-TIME UNDERGRADUATE AND GRADUATE STUDENTS WHO WERE EXPERIENCING ACUTE ECONOMIC DISTRESS. 162002 1 1 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 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X JANE NUZZO DIRECTOR 2125922305 136 W 21ST STREET NEW YORK NY 10010 X TODD RADOM CHAIRMAN 1.00 X X 0 0 0 MICHAEL HALSBAND VICE-CHAIRMAN 1.00 X X 0 0 0 PHYLLIS HOLLIS TREASURER 1.00 X X 0 0 0 DAVID KUHN SECRETARY 1.00 X X 0 0 0 CHRISTOPHER GROWNEY BOARD MEMBER 1.00 X 0 0 0 LYNDA HUGHES BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 411720 97536 411720 47942 47942 7652 7652 0 0 459662 0 0 47942 149800 149800 66958 66958 7652 7652 10050 9800 250 33424 33424 24116 24116 HOSPITALITY/MEALS 36888 4050 32838 DUES AND SUBSCRIPTIONS 15048 36 15012 PROMOTIONAL EXPENSES 5705 1701 719 3285 BANK AND CREDIT CARD FE 3254 665 2589 352895 162002 121096 69797 50042 95139 84619 84645 112125 119630 29 818307 832376 0 0 1109114 1220696 2174207 2352515 0 225 0 225 X 1746552 1810158 427655 542132 2174207 2352290 2174207 2352515 106767 71316 0 X 0 1 X 1 0 X 309021 345227 297648 319628 411720 1683244 309021 345227 297648 319628 411720 1683244 854956 828288 53381 44902 50049 89336 47942 285610 1968854 0.42070 0.47000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 726990 71316 203664 274980 452010 7652 7652 459662 548907 203664 203664 345243 7652 7652 352895 1 NAMED SCHOLARSHIP AND MERIT SCHOLARSHIP PROGRAMS 39 49400 HOUSING SCHOLARSHIP AWARD 2 31000 ALUMNI SCHOLARSHIP FUND 45 40000 EMERGENCY ASSISTANCE FUND 34 17000 LILA EVA LEWENTAL MEMORIAL AWARD PROGRAM 1 10000 RODMAN FAMILY SCHOLARSHIP AWARD PROGRAM 1 2400 PART I, LINE 2: HOUSING AWARD FUNDS, LILA EVA LEWENTAL MEMORIAL AWARD AND RODMAN FAMILY SCHOLARSHIP ARE SENT DIRECTLY TO THE OFFICE OF STUDENT ACCOUNTS AT THE COLLEGE AND INCLUDE THE RECIPIENT'S NAME IN THE MEMO AS PAYMENT TOWARD THOSE COSTS. EMERGENCY ASSISTANCE FUND GRANTS ARE REMITTED DIRECTLY TO STUDENTS. WHEN THEY SUBMIT APPLICATIONS TO THIS PROGRAM, STUDENTS MUST CERTIFY AND AFFIRM THAT ALL INFORMATION CONTAINED WITHIN IS TRUTHFUL AND ACCURATE AND FURTHER CERTIFY THAT THE CIRCUMSTANCES DESCRIBED THEREIN ARE A TRUE EMERGENCY AND THAT ALL FUNDS WILL BE UTILIZED FOR THE PURPOSES OF ADDRESSING THAT EMERGENCY. ALUMNI SCHOLARSHIP AWARD AND MOST NAMED FUND AWARD RECIPIENTS ARE ASKED TO SUBMIT EVIDENCE OF FINAL PROJECT COMPLETION. ALL AWARD RECIPIENTS SIGN A LETTER OF AGREEMENT TO THE TERMS OF THE AWARD. X ANNUAL APPEAL EXPENSE 1 36708 ACTUAL AMOUNT SPENT X HOUSING AWARDS EXPENSE 1 34824 ACTUAL AMOUNT SPENT X OTHER 1 13839 ACTUAL AMOUNT SPENT X CAPITALIZED COSTS 1 12165 ACTUAL AMOUNT SPENT 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS THE 990, AND THEN IT IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH MEMBER OF THE BOARD OF DIRECTORS, AND EACH OFFICER, SHALL DISCLOSE IN WRITING ANY CONFLICTS OF INTEREST THAT MAY AFFECT THE CORPORATION. DIRECTORS AND OFFICERS SHALL DISCLOSE IN WRITING CONFLICTS AS THEY ARISE DURING ANY YEAR. A CONFLICT OF INTEREST TRANSACTION IS A TRANSACTION WITH THE CORPORATION IN WHICH A DIRECTOR OR OFFICER OF THE CORPORATION HAS A DIRECT OR INDIRECT INTEREST. "INDIRECT" INTEREST IS FURTHER DEFINED TO INCLUDE TRANSACTIONS WITH ANOTHER ENTITY IN WHICH THE OFFICER OR THEIR IMMEDIATE FAMILY MEMBER(S) HAS A MATERIAL INTEREST OR IS A GENERAL PARTNER, DIRECTOR OR OFFICER. ALL DISCLOSURES SHALL BE PROVIDED TO THE BOARD OF DIRECTORS. IN ANY MATTER REQUIRING A DECISION BY THE BOARD OF DIRECTORS, OR A COMMITTEE OF THE BOARD OF DIRECTORS, IN WHICH A PARTICIPATING MEMBER OF THE BOARD OF DIRECTORS OR AN OFFICER HAS A CONFLICT OF INTEREST, THE MATERIAL FACTS OF THE TRANSACTION AND THE INDIVIDUAL'S INTEREST SHALL BE DISCLOSED, AND THE TRANSACTION APPROVED BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE MEMBERS ON THE BOARD OR ON THE COMMITTEE CONSISTING ENTIRELY OF MEMBERS WHO HAVE NO DIRECT OR INDIRECT INTEREST IN THE TRANSACTION. BOARD OF DIRECTOR MEMBERS WHO HAVE DECLARED OR HAVE BEEN FOUND TO HAVE A CONFLICT OF INTEREST IN ANY MATTER PENDING BEFORE THE BOARD SHALL REFRAIN FROM PARTICIPATING IN CONSIDERATION OF THE MATTER. THE BOARD OF DIRECTORS MAY REQUEST INFORMATION OR INTERPRETATION FROM THE PERSON OR PERSONS INVOLVED IN THE CONFLICT. THE BOARD MEMBER INVOLVED IN THE CONFLICT SHALL NOT VOTE ON SUCH MATTERS. ANY BOARD MEMBER WHO IS UNCERTAIN ABOUT A POSSIBLE CONFLICT OF INTEREST IN ANY MATTER SHOULD REQUEST THE BOARD TO MAKE A DETERMINATION: THE BOARD SHALL RESOLVE THE QUESTION BY MAJORITY VOTE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. THE SCHOOL OF VISUAL ARTS 209 E 23RD STREET NEW YORK NY 10010 135568364 VISUAL ARTS SCHOOL NY N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 THE SCHOOL OF VISUAL ARTS C 217166 REIMBURSED EXPENSES TO ALUMNI SOC THE SCHOOL OF VISUAL ARTS Q 149800 SCHOLARSHIPS TO SVA STUDENTS