2024-11-04T08:52:49-06:00 2023-12-31 362985770 SELDEN FOX LTD ONE PARKVIEW PLAZA SUITE 710 OAKBROOK TERRACE IL 60181 990 2023-01-01 651057720 FOUNDATION FINANCIAL OFFICERS GROUP INC FOUN 8564233156 19 MANTUA ROAD MT ROYAL NJ 08061 TIM OTTO TREASURER 8564233156 2024-10-29 1 0 JOHN T WOJCIK P01331805 6309541400 2023 2024-10-15 13:58:12Z TIM OTTO 19 MANTUA ROAD MT ROYAL NJ 08061 1257246 0 X WWW.FFOG.ORG X 2000 FL TO FACILITATE OPPORTUNITIES FOR THE EXCHANGE OF INFORMATION AND IDEAS, AND TO ENCOURAGE NETWORKING, AMONG ITS MEMBERS TO FURTHER THEIR DEVELOPMENT AS FINANCIAL AND INVESTMENT LEADERS AND FOUNDATION OFFICERS. 13 13 0 72 0 0 160600 214600 945852 1025207 982 17439 0 0 1107434 1257246 0 0 0 0 0 0 0 0 0 1308872 1295294 1308872 1295294 -201438 -38048 1141402 907261 337991 141898 803411 765363 TO FACILITATE OPPORTUNITIES FOR THE EXCHANGE OF INFORMATION AND IDEAS, AND TO ENCOURAGE NETWORKING, AMONG ITS MEMBERS TO FURTHER THEIR DEVELOPMENT AS FINANCIAL AND INVESTMENT LEADERS AND FOUNDATION OFFICERS. 0 0 695359 467007 MEMBER MEETINGS - SEMI-ANNUAL MEETINGS FOR CHIEF FINANCIAL AND INVESTMENT OFFICERS OF PRIVATE FOUNDATIONS; THE AGENDA FOCUSES ON CURRENT DEVELOPMENTS AND BEST PRACTICES IN THE MANAGEMENT OF PRIVATE FOUNDATIONS. 71906 558200 MEMBERSHIP SERVICES; THE GROUP ENGAGES VARIOUS COMMITTEES AND INDEPEDENT CONTRACTORS TO PERFORM ANNUAL SURVEYS ON BEHALF OF ITS MEMBERS. THESE INCLUDE SURVEYS OF MEMBERS' INVESTMENT PRACTICES, ADMINISTRATIVE EXPENSES, AND COMPENSATION PRACTICES. IN ADDITION, COMMITTEES ARE RESPONSIBLE FOR DEVELOPING CONTENT FOR AND FACILITATING THE EXCHANGE OF IDEAS VIA THE GROUP'S MEMBERSHIP WEBSITE. 71551 COMMITTEES - CONTENT, MEMBER ENGAGEMENT, RESEARCH, AND INVESTMENT AND ADMINISTRATIVE PROGRAM COMMITTEES DESIGNED TO MAINTAIN CONTENT AND COLLABORATION ON THE GROUP'S WEBSITE, MANAGE MEMBER ENGAGEMENT, AND ENHANCE THE LEVEL OF DISCOURSE AMONG MEMBERS ABOUT INVESTMENT AND ADMINISTRATIVE TOPICS. 838816 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X TALLEY MANAGEMENT GROUP 8564233156 19 MANTUA ROAD MT ROYAL NJ 08061 X JEFFREY MALLOY PRESIDENT 10.00 X X 0 0 0 TIM OTTO TREASURER/PRESIDENT ELECT BEGINNING 10/20/23 3.00 X X 0 0 0 TIM ORTEZ SECRETARY 3.00 X X 0 0 0 SURESH BHAT DIRECTOR/TRUSTEE THROUGH 10/20/23 1.00 X 0 0 0 ROSALIND HEWSENIAN DIRECTOR/TRUSTEE THROUGH 10/20/23 1.00 X 0 0 0 AMY HILL DIRECTOR/TRUSTEE THROUGH 10/20/23 1.00 X 0 0 0 JENNIFER DEGER DIRECTOR/TRUSTEE 1.00 X 0 0 0 KENNETH JONES II DIRECTOR/TRUSTEE 1.00 X 0 0 0 JOYCE LEE DIRECTOR/TRUSTEE 1.00 X 0 0 0 MARLOW KEE DIRECTOR/TRUSTEE 1.00 X 0 0 0 WILLIAM MOON DIRECTOR/TRUSTEE 1.00 X 0 0 0 JULIE SHEWMAKER DIRECTOR/TRUSTEE THOUGH 3/31/23 1.00 X 0 0 0 STEPHEN WEBSTER DIRECTOR/TRUSTEE BEGINNING 9/25/23 1.00 X 0 0 0 ADEN BLISS DIRECTOR/TRUSTEE BEGINNING 10/20/23 1.00 X 0 0 0 CAREY CHAMBERS DIRECTOR/TRUSTEE BEGINNING 10/20/23 1.00 X 0 0 0 CHRISTY UTBERG DIRECTOR/TRUSTEE BEGINNING 11/1/23 1.00 X 0 0 0 MARK RICH DIRECTOR/TRUSTEE BEGINNING 11/1/23 1.00 X 0 0 0 0 0 0 0 0 0 0 TALLEY MANAGEMENT GROUP 19 MANTUA ROAD MT ROYAL NJ 08061 ASSC MANAGEMENT SVCS 322484 1 214600 214600 MEMBERSHIP DUES 900099 558200 558200 MEETING REGISTRATION F 900099 467007 467007 1025207 17439 17439 1257246 1025207 0 17439 322484 322484 8017 8017 123504 123504 8062 8062 21432 18659 2773 749389 681632 67757 2097 2097 BANK AND CREDIT CARD FE 36899 36899 MISCELLANEOUS OTHER 16131 15021 1110 BAD DEBT EXPENSE 7279 7279 1295294 838816 456478 0 609681 275793 481497 615604 20604 29620 15864 0 0 1141402 907261 326691 7748 11300 134150 337991 141898 X 799822 761774 3589 3589 803411 765363 1141402 907261 -38048 0 X X 0 1 X 1 0 X 518450 564875 763750 700950 772800 3320825 389296 59500 201600 405502 467007 1522905 907746 624375 965350 1106452 1239807 4843730 74425 31000 189050 233350 152075 679900 24856 24856 74425 31000 189050 233350 176931 704756 4138974 1514 917 845 982 17439 21697 1514 917 845 982 17439 21697 909260 625292 966195 1107434 1257246 4865427 0.85070 0.86710 0.00450 0.00130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1257246 0 1257246 0 1257246 1295294 0 1295294 0 1295294 PART X, LINE 2: THE GROUP FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS HAS DETERMINED THEY ARE NOT REQUIRED TO REPORT A LIABILITY FOR ANY SUCH POSITIONS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION CONTRACTS WITH A MANAGEMENT COMPANY, THE TALLEY MANAGEMENT GROUP, INC., TO PROVIDE MANAGEMENT AND SUPPORT SERVICES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE PRESIDENT, TREASURER AND CHAIR OF THE AUDIT COMMITTEE. IT IS THEN CIRCULATED TO ALL VOTING MEMBERS OF THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CHAIR OF THE AUDIT COMMITTEE OBTAINS AN ANNUAL DISCLOSURE FORM FROM EACH MEMBER OF THE BOARD OF DIRECTORS AND THE MEMBERS OF EACH STANDING COMMITTEE. ANY TRANSACTION THAT MAY BE A CONFLICT OF INTEREST IS REVIEWED BY THE BOARD. THE POLICY ALSO PROVIDES THAT ANY POTENTIAL CONFLICTS OF INTEREST THAT OCCUR AFTER FILING THE DISCLOSURES MUST BE REPORTED TO THE PRESIDENT, WHO THEN DISCUSSES THE POTENTIAL CONFLICT WITH THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 NOT APPLICABLE; NO EMPLOYEES FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS ON THE FFOG WEBSITE. FORM 990 PART XII LINE 2C THE BOARD ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE OVERSIGHT AND SELECTION PROCESSES DID NOT CHANGE FROM THE PRIOR YEAR.