2025-03-20T08:49:20-05:00 2024-06-30 BDO USA 200 PARK AVENUE 38TH FLOOR NEW YORK NY 10166 990 2023-07-01 113009405 THE QUEENS LIBRARY FOUNDATION INC % STEPHEN MACK QUEE 7189900700 89-11 MERRICK BOULEVARD JAMAICA NY 11432 Susan Latham Executive Director 7189900864 2025-03-14 true true Paul Hammerschmidt P01384178 2128858000 2023 2025-03-06 01:10:19Z Susan Latham 89-11 MERRICK BOULEVARD JAMAICA NY 11432 7801969 false X www.queenslibrary.org X 1988 NY THE FOUNDATION RAISES FUNDS FROM FDN CORPORATIONS AND PRIVATE INDIVIDUALS TO SUPPORT THE TENS OF THOUSANDS OF FREE PROGRAMS AND SERVICES OFFERED BY QUEENS PUBLIC LIBRARY. 18 17 0 152 0 0 1995653 2830413 0 0 748642 610698 0 0 2744295 3441111 3224156 2314002 0 0 850668 864816 171000 166680 1093982 421263 414232 4667087 3759730 -1922792 -318619 22275764 24372863 302445 148873 21973319 24223990 X THE QUEENS LIBRARY FOUNDATION IS THE FUNDRAISING ARM OF QUEENS PUBLIC LIBRARY. INCORPORATED IN 1988, THE MISSION OF THE QUEENS LIBRARY FOUNDATION IS TO RAISE FUNDS FROM FOUNDATIONS, CORPORATIONS, AND PRIVATE INDIVIDUALS TO SUPPORT THE TENS OF THOUSANDS OF FREE PROGRAMS AND SERVICES OFFERED BY QUEENS PUBLIC LIBRARY. false false 2314002 2314002 0 THE QUEENS LIBRARY FOUNDATION RAISED $2,906,634 FROM FOUNDATIONS, CORPORATIONS AND INDIVIDUALS TO SUPPORT THE PROGRAMS, ACTIVITIES AND COLLECTIONS OF QUEENS PUBLIC LIBRARY. THIS INCLUDED RESTRICTED GRANTS TOTALING $117,500 FOR OUT-OF-SCHOOL LITERACY AND ENRICHMENT PROGRAMS FOR CHILDREN; $450,000 FOR DIGITAL ARCHIVES; $60,000 FOR JOB TRAINING AND ENTREPRENEURSHIP; $100,000 FOR PROGRAMS AT THE NEWLY OPENED RAVENSWOOD LEARNING CENTER; $40,000 FOR ARTS AND OTHER PROGRAMMING; AND $20,000 FOR FINANCIAL LITERACY PROGRAMS. THE QUEENS LIBRARY FOUNDATION CONTINUED TO MANAGE MULTI-YEAR GRANTS SECURED IN PREVIOUS YEARS WHICH RESULTED IN THE CLEAN-UP, BEAUTIFICATION, FURNISHING AND MAINTENANCE OF LIBRARY GARDENS WHICH ARE NOW OPEN TO LIBRARY CUSTOMERS; ENRICHMENT AND LITERACY ACTIVITIES FOR CHILDREN AND YOUTH; AND ENVIRONMENTAL PROGRAMMING AT THE HUNTERS POINT LIBRARY AND ENVIRONMENTAL EDUCATION CENTER. UNRESTRICTED GRANTS AND CONTRIBUTIONS AWARDED TO THE QUEENS LIBRARY FOUNDATION WERE USED TO SUPPORT COLLECTIONS AND A VARIETY OF PROGRAMS AND SERVICES THROUGHOUT THE LIBRARY SYSTEM. THESE INCLUDED $300,000 TO PURCHASE BOOKS FOR THE LIBRARY'S COLLECTIONS; $143,241 IN MINI-GRANTS OF UP TO $2,500 DISTRIBUTED TO COMMUNITY LIBRARIES FOR PROGRAMS, ACTIVITIES AND COLLECTIONS; AND $26,673 FOR CULTURE PASS, WHICH PROVIDES FREE TICKETS TO CULTURAL INSTITUTIONS AND EVENTS FOR OUR CUSTOMERS, AND BRINGS CULTURAL EVENTS TO OUR LIBRARIES. THE QUEENS LIBRARY FOUNDATION ALSO SECURES IN-KIND DONATIONS TO HELP SUPPORT THE LIBRARY'S PROGRAMS AND ACTIVITIES. IN FY2024, THIS INCLUDED 840 BACKPACKS STUFFED WITH SCHOOL SUPPLIES FOR BACK TO SCHOOL GIVEAWAYS; 150 NEW BOOKS; 84 CASES OF BOTTLED WATER AND ASSORTED SNACKS FOR GIVEAWAYS AT EVENTS; AND TWO CELLPHONE CHARGING LOCKERS. THE FOUNDATION ALSO ORGANIZED 16 CORPORATE VOLUNTEER EVENTS TO MAINTAIN AND PLANT LIBRARY GARDENS, STAFF MOBILE FOOD PANTRIES, ASSEMBLE LITERACY KITS, AND LEAD FINANCIAL LITERACY WORKSHOPS. 2314002 true true false false false false false false false true true false false false false true true true false false false false false true true false false true false true false false false false false false false false false false false false false true false false false true 126 0 true 0 false false false false false true true false false false false false false X 18 17 false false true false false false true true true false false true true true true true true false false false CA CT FL MA NJ NY PA X X STEPHEN MACK 7189900864 89-11 MERRICK BOUELVARD JAMAICA NY 11432 X DENNIS WALCOTT DIRECTOR 10.0 30.0 X 88920 266761 3079 SUNG KIM COO & SVP 0.8 39.2 X 5247 257124 79024 NICK BURON CHIEF LIBRARIAN & SVP 1.6 38.4 X 8571 205709 66437 GITTE PENG COS & SVP 8.0 32.0 X 46568 186272 45362 JUSTIN DEABLER ESQ GENERAL COUNSEL & SVP 2.0 38.0 X 10968 208389 57244 STEPHEN MACK BOARD ASSISTANT TREASURER 2.0 38.0 X 12153 230910 31436 SUSAN LATHAM EXECUTIVE DIRECTOR, QLF 36.0 4.0 X 162773 18086 54608 WANDA CHIN BOARD PRESIDENT 5.0 0.0 X X 0 0 0 PAULA KIRBY BOARD VICE PRESIDENT 2.0 0.0 X X 0 0 0 JUAN SANTIAGO BOARD SECRETARY AS OF 9/19/23 2.0 0.0 X X 0 0 0 PAULINE HEALY BOARD TREASURER 2.0 5.0 X X 0 0 0 VINCENT ARCURI JR DIRECTOR 2.0 0.0 X 0 0 0 RICHARD DAVID DIRECTOR 2.0 0.0 X 0 0 0 ERIC GIOIA DIRECTOR 2.0 0.0 X 0 0 0 MATTHEW GORTON DIRECTOR THRU 6/30/24 1.5 5.0 X 0 0 0 JAMES HADDAD ESQ DIRECTOR THRU 6/30/24 1.0 2.0 X 0 0 0 HECTOR HERRERA DIRECTOR 2.0 0.0 X 0 0 0 TRAVIS HUNGREDER DIRECTOR AS OF 9/19/23 2.0 0.0 X 0 0 0 NADEEEM KILANI DIRECTOR AS OF 9/19/23 2.0 0.0 X 0 0 0 CARL KOERNER ESQ DIRECTOR 3.5 2.0 X 0 0 0 EUGENE PETRACCA DIRECTOR 2.0 0.0 X 0 0 0 STEVEN SCHNEEBAUM DIRECTOR AS OF 9/19/23 2.0 0.0 X 0 0 0 EARL SIMONS DIRECTOR 1.0 5.0 X 0 0 0 MICHELLE STODDART DIRECTOR 2.0 0.0 X 0 0 0 335200 1373251 337190 1 false true false K2D STRATEGIES 5800 9th Rd N ARLINGTON VA 22205 FUNDRAISING CONSULT. 150200 1 314878 2515535 2830413 0 559565 559565 0 0 0 0 0 4335770 4284637 51133 51133 51133 76221 314878 76221 0 0 0 0 0 0 0 3441111 610698 2314002 2314002 0 0 0 378901 58206 320695 0 485915 74645 411270 0 0 0 0 0 54750 54750 0 166680 166680 100878 100878 67120 38925 28195 7205 914 6291 109290 13859 95431 0 0 0 869 869 0 34081 34081 0 0 9569 9569 0 MISCELLANEOUS EXPENSES 30470 30470 3759730 2314002 351746 1093982 0 0 3478903 3852273 116392 34367 0 0 0 0 0 0 0 0 0 0 0 4851 1307423 950263 379931 357160 18265301 19975290 0 0 0 0 0 0 35237 148922 22275764 24372863 160445 94373 0 0 142000 54500 0 0 0 0 0 0 0 0 0 0 0 0 302445 148873 X 591616 2254742 21381703 21969248 21973319 24223990 22275764 24372863 -318619 1743932 825358 X false true X true false X 2905396 1724659 3343424 1995653 2830413 12799545 0 0 2905396 1724659 3343424 1995653 2830413 12799545 1020418 11779127 367033 329850 364039 524736 559565 2145223 0 0 14944768 0.78818 0.79612 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12933986 25882 1882833 690524 14152177 12499648 92465 1219025 877152 12933986 14973599 1000 -2286562 188389 12499648 12310105 12500 2814946 163952 14973599 12151222 14000 512877 367994 12310105 0.00000 0.64090 0.35910 false false 428692 87522 341169 731133 719306 11827 147598 143434 4164 357160 0 0 X 6018685 1743932 858299 76221 2678452 3340233 100878 100878 3441111 3768014 32941 76221 109162 3658852 100878 100878 3759730 SCHEDULE D, PART V, LINE 4: Endowment funds held by the Foundation are designated to support specific programs and operating purposes of the Queens Borough Public Library. SCHEDULE D, PART X, LINE 2: THE QUEENS LIBRARY FOUNDATION, INC. MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE FOUNDATION HAS FILED FOR AND RECEIVED INCOME TAX EXEMPTIONS IN THE JURISDICTIONS WHERE IT IS REQUIRED TO DO SO. ADDITIONALLY, THE FOUNDATION HAS FILED THE IRS FORM 990 TAX RETURNS AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHERE SO REQUIRED. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY A TAXING AUTHORITY. AS OF JUNE 30, 2024, THE FOUNDATION WAS NOT SUBJECT TO ANY EXAMINATION BY A TAXING AUTHORITY. SCHEDULE D, PART XI, LINE 2D AND PART XII, LINE 2D: DIRECT SPECIAL EVENT EXPENSES X X X X X X X true K2D Strategies 5800 9th Rd N Arlington VA 22205 Fundraising Consultant false 0 166680 -166680 0 166680 -166680 CA CT FL MA NJ NY PA GALA 391099 314878 76221 41657 31410 3154 0 391099 314878 76221 41657 31410 3154 76221 Form 990, Schedule G, Part I, Line 1f: THE QUEENS LIBRARY FOUNDATION SOLICITS GOVERNMENT GRANTS BUT THE GRANT APPLICATIONS ARE IN THE NAME OF THE QUEENS BOROUGH PUBLIC LIBRARY (A RELATED TAX-EXEMPT ORGANIZATION REPORTED ON SCHEDULE R, PART II) BECAUSE THE LIBRARY WILL BE THE DIRECT RECIPIENT OF ANY GOVERNMENT GRANT THAT IS AWARDED. true THE QUEENS BOROUGH PUBLIC LIBRARY 89-11 MERRICK blvd Jamaica NY 114325242 111904262 501(c)(3) 2314002 cost PROGRAMS & SUPPLIES GENERAL SUPPORT 1 0 SCHEDULE I, Part I, line 2: Grant funds are approved in accordance with the guidelines of the Library's Gift Acceptance Policy and are reported to the Board of Directors and reviewed by Finance and Senior Management TO ENSURE GRANTS ARE DISTRIBUTED IN ACCORDANCE WITH APPROVED AMOUNTS. IN THE EVENT GRANTS ARE DISTRIBUTED TO A RELATED ENTITY, THE ORGANIZATION IS ABLE TO INTERNALLY MONITOR THE USE OF GRANT FUNDS. false false false false false false false false false JUSTIN DEABLER ESQ GENERAL COUNSEL & SVP 10968 208389 0 0 0 0 1228 23340 1634 31042 13830 262771 0 0 DENNIS WALCOTT DIRECTOR 88920 266761 0 0 0 0 0 0 770 2309 89690 269070 0 0 SUNG KIM COO & SVP 5247 257124 0 0 0 0 924 45253 657 32190 6828 334567 0 0 NICK BURON CHIEF LIBRARIAN & SVP 8571 205709 0 0 0 0 1509 36204 1149 27575 11229 269488 0 0 GITTE PENG COS & SVP 46568 186272 0 0 0 0 8196 32784 876 3506 55640 222562 0 0 STEPHEN MACK BOARD ASSISTANT TREASURER 12153 230910 0 0 0 0 1361 25862 211 4002 13725 260774 0 0 SUSAN LATHAM EXECUTIVE DIRECTOR, QLF 162773 18086 0 0 0 0 18230 2026 30917 3435 211920 23547 0 0 SCHEDULE J, PART I, LINE 3: THE QUEENS BOROUGH PUBLIC LIBRARY (COMMON PAYMASTER FOR THE QUEENS LIBRARY FOUNDATION), CONDUCTED A COMPENSATION STUDY THAT INCLUDED THE EXECUTIVE DIRECTOR (TOP MANAGEMENT OFFICIAL) OF THE QUEENS LIBRARY FOUNDATION. THE QUEENS BOROUGH PUBLIC LIBRARY HAS ESTABLISHED THE COMPENSATION OF THE TOP MANAGEMENT OFFICIAL USING: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEYS OR STUDIES - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 4: The organization amended its bylaws during FY2024 to reflect the following changes: To clarify the process for the election of Directors to the Board and to differentiate between elected and appointed Directors. To clarify the roles of Officers, to specify their election at an Annual Meeting in June and their term of office, and how to address officer vacancies. To specify an Annual Meeting in June, to include provisions for virtual meetings and electronic voting, to update forms of Notice of Meetings, and to update Independent Directors as defined in the Not For Profit Corporation Law of the State of New York (N-PCL). To add the Investment Committee, and to expand the role of the Nominating Committee to include the identification and vetting of new Directors. Outdated language was revised, and any language not in compliance with the N-PCL or NYPMIFA was amended. FORM 990, PART VI, SECTION A, LINE 7B: THE FOUNDATION'S BOARD ELECTS ITS OWN MEMBERS, WHICH ARE THEN SUBJECT TO APPROVAL BY THE QUEENS BOROUGH PUBLIC LIBRARY BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11b: FORM 990 WAS PREPARED BY A NATIONAL ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCE DEPARTMENT. A DRAFT FORM 990 WAS PRESENTED TO THE AUDIT COMMITTEE FOR REVIEW AND THEN PROVIDED TO THE BOARD OF DIRECTORS BEFORE IT WAS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C: CONFLICT OF INTEREST FORMS ARE COMPLETED BY OFFICERS, DIRECTORS, AND KEY EMPLOYEES, UPON APPOINTMENT AND ANNUALLY THEREAFTER. THE POLICY ALSO REQUIRES AFFIRMATIVE DISCLOSURE OF ANY ACTUAL OR POTENTIAL CONFLICT THAT MAY ARISE. A DIRECTOR NOT DEEMED INDEPENDENT, BASED UPON ANNUAL DISCLOSURES OR OTHER DISCLOSURE, MAY NOT BE PRESENT FOR, VOTE, OR OTHERWISE PARTICIPATE IN THE BUSINESS OF THE AUDIT COMMITTEE OR BOARD BUSINESS ARISING FROM THE AUDIT COMMITTEE. WILLFUL AND KNOWING VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY BY DIRECTORS CAN RESULT IN DISCIPLINE UP TO AND INCLUDING SUSPENSION OR REMOVAL FROM OFFICE. FORM 990, PART VI, SECTION B, LINE 14: THE QUEENS LIBRARY FOUNDATION HAS NOT ADOPTED ITS OWN DOCUMENT RETENTION AND DESTRUCTION POLICY, BUT VOLUNTARILY COMPLIES WITH THE QUEENS LIBRARY'S POLICY. FORM 990, PART VI, SECTION B, LINE 15a: THE QUEENS BOROUGH PUBLIC LIBRARY, A RELATED 501(C)(3) ORGANIZATION, PAID COMPENSATION TO THE PRESIDENT & CHIEF EXECUTIVE OFFICER. BOTH AN INDEPENDENT COMPENSATION STUDY BY A THIRD PARTY AND AN INTERNAL COMPENSATION ANALYSIS ARE USED AS THE BASIS TO BENCHMARK THE PRESIDENT & CHIEF EXECUTIVE OFFICER'S COMPENSATION. THESE REPORTS INCLUDE CURRENT MARKET COMPARABILITY DATA, SURVEYS AND IRS FORM 990 FILINGS OF ORGANIZATIONS OF SIMILAR SIZES. THE BOARD OF TRUSTEES APPROVES THE PRESIDENT & CEO COMPENSATION PACKAGE PURSUANT TO THE LIBRARY'S BY-LAWS. THE DECISION OF THE BOARD IS DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 15B: THE SALARIES OF OTHER OFFICERS AND KEY EMPLOYEES ARE BASED ON A COMPENSATION PROGRAM USING SALARY GRADES DESIGNED BY AN INDEPENDENT CONSULTANT. THE SALARY RANGES ARE REVIEWED REGULARLY AND UPDATED AS NEEDED BY THE CONSULTANT TO ENSURE MARKET COMPETITIVE SALARIES FOR ALL NON-UNION EMPLOYEES. THESE RANGES ARE APPROVED BY THE BOARD OF TRUSTEES. THE DECISION OF THE BOARD IS DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19: THE FOUNDATION'S FORM 990, FINANCIAL STATEMENTS AND BY-LAWS ARE AVAILABLE ON THE FOUNDATION'S WEBSITE AND ARE AVAILABLE UPON REQUEST. THE FOUNDATION'S CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION A, AND SCHEDULE J, PART II: ALL INDIVIDUALS LISTED ARE COMPENSATED EXCLUSIVELY BY THE QUEENS BOROUGH PUBLIC LIBRARY, INC., A RELATED 501(C)(3) ORGANIZATION. EACH INDIVIDUAL DEDICATED A CERTAIN PERCENTAGE OF THEIR TIME TO THE REPORTING ORGANIZATION. THE REMAINDER OF THEIR TIME IS CHARGED TO THE QUEENS BOROUGH PUBLIC LIBRARY, INC. The Queens Borough Public library 89-11 MERRICK BLVD JAMaICA NY 11432 111904262 library NY 501(c)(3) 7 na false false true false true false false false false false false false true true true true false false false false