2024-12-18T10:14:42-06:00 2024-06-30 474526160 EFPR GROUP CPA'S PLLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2023-07-01 112620778 KINGSBOROUGH COMMUNITY COLLEGE FOUNDATION INC KING 7183685028 2001 ORIENTAL BLVD BROOKLYN NY 11235 DR TASHEKA SUTTON YOUNG CHAIRPERSON 7183685028 2024-12-17 1 0 DAVID A URBAN CPA P00630018 7166340700 2024-12-17 2023 2024-10-15 13:58:12Z DR TASHEKA SUTTON YOUNG 2001 ORIENTAL BLVD BROOKLYN NY 11235 771957 0 X N/A X 1982 NY THE KINGSBOROUGH COMMUNITY COLLEGE FOUNDATION , INC. (FOUNDATION) WAS ORGANIZED IN 1982 FOR THE PURPOSE OF PROMOTING AND ENCOURAGING AMONG MEMBERS OF THE LOCAL AND COLLEGE COMMUNITY AND ALUMNI AN INTEREST IN AND SUPPORT OF KINGSBOROUGH COMMUNITY COLLEGE. 22 13 0 18 0 0 418670 562735 0 0 83633 100969 1340 40231 503643 703935 355691 463076 0 0 48650 48650 0 0 0 97628 386664 501969 898390 1674 -194455 4481172 4449578 61098 119016 4420074 4330562 THE KINGSBOROUGH COMMUNITY COLLEGE FOUNDATION, INC. (THE FOUNDATION) WAS ORGANIZED IN 1982 FOR THE PURPOSE OF PROMOTING AND ENCOURAGING AMONG MEMBERS OF THE LOCAL AND COLLEGE COMMUNITY AND ALUMNI AN INTEREST IN AND SUPPORT OF KINGSBOROUGH COMMUNITY COLLEGE. 0 0 802595 463076 VARIOUS PROGRAM SERVICES PROVIDE EDUCATIONAL AND CULTURAL ENRICHMENT AS WELL AS FUNDING NUMEROUS AWARDS AND SCHOLARSHIPS. 802595 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 71 0 1 0 0 0 0 0 0 0 0 0 0 0 X 22 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY NJ X ANDRES ESCOBAR 7183585068 2001 ORIENTAL BLVD BROOKLYN NY 11235 DR KINTA ALEXANDER TRUSTEE 0.20 0.00 X 0 0 0 DR KWESI BLACKMAN TRUTSEE 0.20 0.00 X 0 0 0 JOAN BARTOLOMEO TRUSTEE 0.20 0.00 X 0 0 0 DOMENICO CIACCIO TREASURER 0.20 0.00 X X 0 0 0 MR LORENZO DAUGHTRY-CHAMBERS TRUSTEE 0.20 0.00 X 0 0 0 MS DARMA DIAZ TRUSTEE 0.20 0.00 X 0 0 0 DR SURI DUITCH TRUSTEE/INTERIM PRESIDENT 0.20 0.00 X X 0 0 0 ANDRES ESCOBAR TRUSTEE 0.20 35.00 X 0 172518 86949 RACHEL FORSYTH TRUSTEE/VICE CHAIR 0.20 0.00 X X 0 0 0 DR TIM GILMAN-SEVCIK TRUSTEE 0.20 0.00 X 0 0 0 MR JEFF LINDOR TRUSTEE 0.20 0.00 X 0 0 0 MS BREANNA NEFF TRUSTEE 0.20 0.00 X 0 0 0 MS EVELYN ORTIZ TRUSTEE 0.20 0.00 X 0 0 0 DR MARY THERESA ORTIZ TRUSTEE 0.20 35.00 X 0 146237 73703 EDUARDO RIOS TRUSTEE (TO APR 2024) 0.20 35.00 X 0 209666 105672 DR NANCY LEE SANCHEZ EXECUTIVE DIRECTOR (EX-OFFICIO) 0.20 35.00 X X 0 87365 44032 RONI SHOYFER TRUSTEE 0.20 0.00 X 0 0 0 CAPTAIN DERBY ST FORT TRUSTEE 0.20 0.00 X 0 0 0 DR SCOTT STIMPFEL TRUSTEE 0.20 0.00 X 0 0 0 MR ALEC TEYTEL TRUSTEE 0.20 0.00 X 0 0 0 MS DIMPLE WILLABUS TRUSTEE 0.20 0.00 X 0 0 0 TASHEKA SUTTON-YOUNG CHAIR 0.20 0.00 X X 0 0 0 MR DAVID WOLOCH TRUSTEE 0.20 0.00 X 0 0 0 0 615786 310356 0 0 1 0 0 12924 549811 235208 562735 64338 64338 36631 0 36631 36631 36631 107233 12924 68022 39211 39211 MISCELLANEOUS INCOME 900099 1020 1020 1020 703935 0 0 141200 463076 463076 48650 48650 9500 9500 49779 45724 4055 13175 13175 1659 1659 7833 7833 DONATED ART 183600 183600 BAD DEBT 29275 29275 MISCELLANEOUS 29035 24766 4269 REFRESHMENTS 20579 9329 11250 42229 31991 10238 898390 802595 95795 0 73300 73300 1642378 1477910 243665 191243 8294 1659 0 6635 2511024 2689685 10805 10805 4481172 4449578 32107 38750 23300 75000 5691 5266 61098 119016 X 1581230 1651902 2838844 2678660 4420074 4330562 4481172 4449578 -194455 104943 0 X X 0 1 X 1 0 X 313373 464878 749048 418670 562735 2508704 313373 464878 749048 418670 562735 2508704 2508704 33649 25453 26932 46199 64338 196571 720 1340 1020 3080 2708355 0.92630 0.95740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 183600 X EDUCATION 0 672458 6000 49504 727962 608790 26321 37347 672458 612160 28200 -31570 608790 472274 48308 91578 612160 439543 12456 20275 472274 0.00000 0.66080 0.33920 0 1 1 8294 1659 6635 6635 CUNY INVESTMENT POOL 2689685 F 2689685 CHARITABLE GIFT ANNUITY PAYMENTS 5266 5266 X 880770 104943 3870 68022 176835 703935 0 703935 970282 3870 68022 71892 898390 0 898390 PART III, LINE 4: COIN COLLECTION IS BEING USED FOR EDUCATIONAL PURPOSES TO BE HELD ON DISPLAY FOR STUDENTS THAT ATTEND THE COLLEGE. PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO GENERATE INVESTMENT INCOME FOR SCHOLARSHIPS THAT ARE GIVEN OUT BY THE FOUNDATION FOR CURRENT STUDENTS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE); THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE FOUNDATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE FOUNDATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES, MANAGEMENT HAS CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE FOUNDATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXP 68,022. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXP 68,022. SEASIDE SPLASH 120157 12924 107233 12924 55098 120157 12924 107233 12924 55098 68022 39211 1 SCHOLARSHIPS 563 458666 BOOKSTORE VOUCHERS 21 4410 PART I, LINE 2: FOR THE TEMPORARY RESTRICTED GRANTS, THE DIRECTOR OF FUNDS MANAGEMENT REVIEWS THE REQUEST FOR USE OF FUNDS (E.G. FOR SUPPLIES, GUEST SPEAKERS, REFRESHMENTS, STIPENDS, ETC.) TO DETERMINE IF SUCH REQUESTS ARE WITHIN THE GUIDELINES OF THE GRANT. THE REQUEST IS THEN APPROVED BY BOTH THE VP OF COLLEGE ADVANCEMENT AND VP OF FINANCE AND ADMINISTRATION AS DESIGNATED BY THE FOUNDATION'S TREASURER. A MONTHLY TRIAL BALANCE RECONCILIATION IS PERFORMED. PERIODICALLY THE FUND BALANCES OF ALL GRANTS ARE REVIEWED AND RECONCILED. 0 0 0 0 0 0 0 0 0 EDUARDO RIOS TRUSTEE (TO APR 2024) 0 209666 0 0 0 0 0 0 0 105672 0 315338 0 0 ANDRES ESCOBAR TRUSTEE 0 172518 0 0 0 0 0 0 0 86949 0 259467 0 0 DR MARY THERESA ORTIZ TRUSTEE 0 146237 0 0 0 0 0 0 0 73703 0 219940 0 0 X 1 183600 APPRAISAL X 1 10189 FMV X 3 15500 X FUNDRAISING DONAITONS, PRIZES 0 25919 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND EMPLOYEES MUST REVIEW THE CONFLICT OF INTEREST POLICY AND ATTEST TO THEIR ACCEPTANCE AND COMPLIANCE WITH THE POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICES. FORM 990, PART XII, LINE 2C: NO CHANGE DURING THE FISCAL YEAR ENDED JUNE 30, 2024. KINGSBOROUGH COMMUNITY COLLEGE 2001 ORIENTAL BOULEVARD BROOKLYN NY 11235 136400434 EDUCATION NY 501(C)(1) 0 RESEARCH FOUNDATION OF CUNY 230 WEST 41ST STREET NEW YORK NY 10036 131988190 RESEARCH NY 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0