2025-01-31T11:15:51-06:00 2024-06-30 113382843 TODRES & COMPANY LLP 400 POST AVENUE SUITE 205 WESTBURY NY 11590 990 2023-07-01 452579691 CUNY SCHOOL OF PROFESSIONAL STUDIES FOUNDATION INC CUNY 6466648670 119 WEST 31ST STREET NEW YORK NY 10001 JASON KUBICA TREASURER 6466648670 2025-01-31 1 0 STEVE COOPERBERG CPA P00447750 5169973232 2025-01-06 2023 2025-03-06 01:10:19Z BLAKE FOOTE 119 WEST 31ST STREET NEW YORK NY 10001 376120 0 X HTTPS://SPS.CUNY.EDU/ABOUT/CUNY-SPS-FOUNDATION X 2011 NY THE FOUNDATION IS OPERATED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF SUPPORTING THE SCHOOL OF PROFESSIONAL STUDIES, ACONSTITUENT UNIT OF THE CITY UNIVERSITY OF NEW YORK, BY DISBURSING SCHOLARSHIPS AND AWARDS TO ELIGIBLE STUDENTS. 13 13 0 0 62 0 289606 326952 0 0 15312 49106 0 62 304918 376120 442852 336223 0 0 0 0 0 0 13893 56241 47228 499093 383451 -194175 -7331 974690 936562 22297 17090 952393 919472 THE FOUNDATION IS OPERATED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF SUPPORTING THE SCHOOL OF PROFESSIONAL STUDIES, A CONSTITUENT UNIT OF THE CITY UNIVERSITY OF NEW YORK, BY DISBURSING SCHOLARSHIPS AND AWARDS TO ELIGIBLE STUDENTS. 0 0 336223 336223 THE FOUNDATION IS OPERATED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF SUPPORTING THE SCHOOL OF PROFESSIONAL STUDIES, ACONSTITUENT UNIT OF THE CITY UNIVERSITY OF NEW YORK, BY DISBURSING SCHOLARSHIPS AND AWARDS TO ELIGIBLE STUDENTS. 336223 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 NY X GARRETT MCGUIRE TABB DIRECTOR OF FINANCE AND BUDGET 6466648670 119 WEST 31ST STREET 10TH FLOOR NEW YORK NY 10001 BEATRIZ DE LA TORRE MEMBER 1.00 X 0 0 0 NATALIE GILES GREEN MEMBER 1.00 X 0 0 0 DEBBIE ROSEN MEMBER 1.00 X 0 0 0 BLAKE FOOTE CHAIRPERSON 1.00 X X 0 0 0 JOEL COHEN VICE CHAIRMAN 1.00 X X 0 0 0 PATTI LIEBERMAN TRUSTEE 1.00 X X 0 0 0 DONATUS ANUSIOMU MEMBER 1.00 X 0 0 0 STEPHANIE BENJAMIN MEMBER 1.00 X 0 0 0 PAMELA BRIER MEMBER 1.00 X 0 0 0 LEA KILRAINE MEMBER 1.00 X 0 0 0 JASON KUBICA TREASURER 1.00 X X 0 0 0 BRENNAN MARCANO MEMBER 1.00 X 0 0 0 NADINE MARTIN MEMBER 1.00 X 0 0 0 ROBERT KISSANE MEMBER 1.00 X 0 0 0 GARRETT MCGUIRE TABB DIRECTOR OF BUDGET AND FIN 40.00 X 0 143170 71728 LISA BRAVERMAN DEAN 40.00 X 0 106797 53505 JORGE P SILVA-PURAS INTERIM DEAN 40.00 X 0 292854 146720 0 542821 271953 0 1 1 0 0 326952 14570 326952 9144 9144 39962 0 39962 39962 39962 OTHER INCOME 62 62 62 376120 0 62 49106 336223 336223 7650 7650 1050 1050 LICENSE FEES 19980 19980 SOLICITATION EXPENSE 13893 13893 MISCELLANEOUS 4655 4655 383451 336223 33335 13893 295943 244084 190564 106249 17369 17933 452475 549459 18339 18837 974690 936562 14576 9673 7721 7417 22297 17090 X 201333 173263 751060 746209 952393 919472 974690 936562 X -7331 -18113 -7477 X X 0 1 X 1 0 X 571367 446572 569843 289606 326952 2204340 571367 446572 569843 289606 326952 2204340 157066 2047274 22896 10434 7032 7084 9141 56587 2260927 0.90550 0.85650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 420309 25404 13793 46635 385285 541854 9871 20781 13293 97803 41101 420309 744570 14560 -22318 14958 180000 541854 1041780 9979 134354 13573 427970 744570 1005699 62142 39599 15661 50000 1041780 0.00000 0.47000 0.53000 0 0 0 CUNY INVESTMENT POOL 549459 F 549459 ANNUITY PAYABLE 7417 7417 358007 -18113 -18113 376120 0 376120 383451 0 383451 0 383451 PART V, LINE 4: FOUNDATION SUPPORT, TO BE MAINTINED IN PERPETUITY. 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. 1 EMERGENCY TEXTBOOK GRANT 137 26109 MAJORITY OF THE FUNDS ARE DISBURSED TO STUDENTS VIA TEXTBOOK VOUCHERS SCHOLARSHIPS - SCHOOL OF PROFESSIONAL STUDIES (SPS) 253 168219 FUNDS ARE PAID DIRECTLY TO SCHOOL OF PROFESSIONAL STUDIES ON BEHALF OF STUDENTS EMERGENCY GRANTS 577 144470 PAYMENTS ARE MADE DIRECTLY TO VENDORS ON BEHALF OF STUDENTS PAYMENTS ARE MADE DIRECTLY TO VENDORS ON BEHALF OF STUDENTS 0 0 0 0 0 0 0 0 0 JORGE P SILVA-PURAS INTERIM DEAN 0 292854 0 0 0 0 0 0 0 0 0 292854 0 0 X 2 14570 LISTED MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE CHAIRPERSON AND TREASURER REVIEW THE CHAR-500 FORM 990. BOTH SIGN THE CHAR-500 AND THE TREASURER SIGNS FORM 990. FORM 990, PART VI, SECTION B, LINE 12C FORM 990, PART VI, SECTION B, LINE 12C: DISCLOSURE OF CONFLICT OF INTEREST IS REQUIRED BEFORE ANY DECISION/ACTION IS MADE. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST A -691. BAD DEBT EXPENSE -6,786. PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILTY FOR THE OVERSIGHT OF THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CUNY SCHOOL OF PROFESSIONAL STUDIES 119 WEST 31ST STREET NEW YORK NY 10001 133893536 UNIVERSITY NY IRC SEC 115 0 RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NY 230 WEST 41ST STREET NEW YORK NY 10036 131988190 SUPPORT CUNY COLLEGES NY 501(C)(3) LINE 7 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0