2025-10-10T12:57:41-05:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2024-01-01 136168775 AICPA BENEVOLENT FUND INC AICP 9194024500 220 LEIGH FARM ROAD DURHAM NC 27707 TIMOTHY LASPALUTO TREASURER 9194024500 2025-10-09 1 1 LORI ROTHE YOKOBOSKY P01273422 9732283500 2025-10-08 2024 2025-03-06 01:10:19Z TIMOTHY LASPALUTO 220 LEIGH FARM ROAD DURHAM NC 27707 1197774 0 X WWW.AICPA.ORG X 1933 NY THE AIPCA BENEVOLENT FUND PROVIDES FINANCIAL ASSISTANCE TO MEMBERS AND THEIR FAMILIES. 9 9 0 11 0 0 185374 202556 0 0 262278 573133 0 0 447652 775689 156300 126370 0 0 0 0 0 0 0 165896 206037 322196 332407 125456 443282 12586185 13955808 17831 71648 12568354 13884160 TO PROVIDE FINANCIAL ASSISTANCE TO MEMBERS OF THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS THAT ARE IN NEED AND THEIR FAMILIES. 0 0 126370 126370 THE AICPA BENEVOLENT FUND COLLECTS AND ADMINISTERS FUNDS TO PROVIDE SHORT-TERM FINANCIAL ASSISTANCE TO AICPA MEMBERS THAT ARE VICTIMS OF HARDSHIP OR DISTRESS. THE FUND ASSISTS MEMBERS AND THEIR FAMILIES BY HELPING THEM WITH DAILY LIVING AND SUBSISTENCE EXPENSES, MEDICAL AND PRESCRIPTION EXPENSES THAT EXCEED INSURANCE COVERAGE, AND OTHER EXPENSES THAT ARISE DUE TO SERIOUS ILLNESS, MEDICAL EMERGENCY, ACCIDENTS, NATURAL DISASTERS, AND OTHER FINANCIAL HARDSHIP OR DISTRESS. DURING CALENDAR YEAR 2024, THE FUND PROVIDED HARDSHIP ASSISTANCE TO 6 INDIVIDUALS. 126370 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 0 0 0 NC X TIMOTHY LASPALUTO 9194024500 220 LEIGH FARM ROAD DURHAM NC 27707 ALEXANDRIA ROMERO TRUSTEE 0.30 0.00 X 0 0 0 AMANDA HORVATH TRUSTEE 0.30 0.00 X 0 0 0 ANDY MINTZER BOARD LIAISON (OUTGOING) 0.30 6.00 X 0 0 0 BETH A REHO TRUSTEE (OUTGOING) 0.30 0.00 X 0 0 0 BRIDGET KAIGLER TRUSTEE 0.30 0.00 X 0 0 0 CHARLOTT JONES TRUSTEE 0.30 0.00 X 0 0 0 JACQUELYN TRACY BOARD LIAISON (INCOMING) 0.30 6.00 X 0 0 0 JOSHUA RUSSELL TRUSTEE 0.30 0.00 X 0 0 0 KRISTINE HULL TRUSTEE 0.30 0.30 X 0 0 0 LEONIE EZEGBUNAM TRUSTEE (INCOMING) 0.30 0.00 X 0 0 0 RONALD A GITZ PRESIDENT 0.30 0.00 X X 0 0 0 TIMOTHY J LASPALUTO SECRETARY/TREASURER 0.30 40.30 X 0 584985 53068 0 584985 53068 0 0 1 0 0 202556 202556 293360 293360 701858 422085 279773 279773 279773 775689 0 0 573133 X 126370 126370 27300 27300 24840 24840 111400 111400 17348 17348 3662 3662 19149 19149 2338 2338 332407 126370 206037 0 475654 433133 201151 201151 10427573 11667996 1481807 1653528 12586185 13955808 10340 60429 7491 11219 17831 71648 X 12568354 13884160 12568354 13884160 12586185 13955808 443282 872524 0 X 0 1 X 1 0 X 267080 254235 150664 185374 202556 1059909 267080 254235 150664 185374 202556 1059909 1059909 148917 166865 198424 258927 293360 1066493 2126402 0.49850 0.52690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 GLOBAL EQUITY LONG-ONLY FUND LP 1653528 F 1653528 DUE TO AFFILIATES 11219 11219 X 1671007 872524 47634 920158 750849 24840 24840 775689 355201 47634 47634 307567 24840 24840 332407 PART X, LINE 2: THE BENEVOLENT FUND IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE BENEVOLENT FUND AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE BENEVOLENT FUND'S U.S. FEDERAL INCOME TAX RETURNS PRIOR TO 2021 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. AS OF DECEMBER 31, 2024 AND 2023, THE BENEVOLENT FUND DID NOT RECOGNIZE ANY INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS. 1 CASH ASSISTANCE FOR LIVING AND MEDICAL EXPENSES 6 126370 PART I, LINE 2: THE FUND HAS FORMAL PROCEDURES IN PLACE TO MONITOR THE DISTRIBUTION AND USE OF GRANT FUNDS AND ASSISTANCE AND THIS POLICY IS REVIEWED ANNUALLY BY THE TRUSTEES. ALL GRANT RECIPIENTS ARE REQUIRED TO COMPLETE AND SUBMIT AN APPLICATION FOR ASSISTANCE ON A SEMI-ANNUAL BASIS WHICH ARE RECEIVED AND REVIEWED BY FUND ADMINISTRATORS. APPLICATIONS ARE ORGANIZED BY THE FUND ADMINISTRATORS AND COPIES ARE PROVIDED TO THE BOARD OF TRUSTEES FOR FORMAL REVIEW OF THE FACTS, CIRCUMSTANCES, AND SUPPORTING DOCUMENTATION. THE TRUSTEES REVIEW AND CONFIRM CASES FOR AWARDS AT REGULARLY SCHEDULED MEETINGS TO DETERMINE EACH AWARD TYPE, AMOUNT, AND THE DURATION OF THE AWARD. UPON APPROVAL OF THE GRANTS AND ASSISTANCE BY THE TRUSTEES, FUND ADMINISTRATORS SEND OUT APPROVAL/DENIAL LETTERS TO APPLICANTS, TRACK AND RECORD THE ASSISTANCE PROVIDED. 0 1 0 0 0 0 0 0 0 TIMOTHY J LASPALUTO SECRETARY/TREASURER 0 450860 0 113051 0 21074 0 41112 0 18833 0 644930 0 19500 FORM 990, PART VI, SECTION A, LINE 6 THE FUND HAS MEMBERS; MEMBERS OF FUND ARE THOSE PERSONS WHO ARE MEMBERS OF THE BOARD OF DIRECTORS OF THE AICPA. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS APPOINT VOTING MEMBERS OF THE AICPA AS TRUSTEES OF THE FUND THROUGH THE AICPA'S COMMITTEE APPOINTMENT PROCESS. AT LEAST FOUR VOTING MEMBERS OF THE AICPA MUST BE APPOINTED AS TRUSTEES, WITH ONE APPOINTED TRUSTEE SERVING AS A LIAISON BETWEEN THE FUND AND THE AICPA BOARD OF DIRECTORS. THE CHAIRMAN ELECT OF THE AICPA APPOINTS THE PRESIDENT OF THE FUND AND ALSO APPOINTS A SECRETARY/TREASURER TO THE FUND; THE SECRETARY/TREASURER IS A STAFF PERSON OF EITHER THE AICPA OR THE ASSOCIATION OF INTERNATIONAL CERTIFIED PROFESSIONAL ACCOUNTANTS AND IS DEEMED AN OFFICER OF THE FUND. FORM 990, PART VI, SECTION A, LINE 7B ALL MEMBERS OF THE FUND ARE ENTITLED TO ATTEND THE MEETINGS OF THE FUND AND TO CAST A VOTE UPON ANY MATTERS BROUGHT BEFORE THE BOARD. IN ADDITION, ANY CHANGES OR UPDATES TO THE GOVERNING DOCUMENTS OF THE FUND ARE SUBJECT TO MEMBER APPROVAL. FORM 990, PART VI, SECTION A, LINE 8B THE FUND DOES NOT HAVE AN EXECUTIVE OR OTHER COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT CPA TAX PROFESSIONAL ANNUALLY PREPARES THE FORM 990 RETURN AND THE BOARD AGREES THAT THIS IS THE APPROPRIATE FIDUCIARY PROCESS. THE AICPA AUDIT AND FINANCE COMMITTEE ANNUALLY EVALUATES THE FIRM HIRED TO PREPARE THE FORM 990 RETURN AND CONFIRMS THE FORM IS APPROPRIATELY FILED. AICPA STAFF AND MANAGEMENT TEAM MEMBERS REVIEW THE FORM 990 FOR ACCURACY PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE FUND CONTINUOUSLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE POLICY IS EVALUATED AND REVIEWED FOR ACCURACY BY THE BOARD AT THE BEGINNING OF EACH NEW PRESIDENT'S TERM. ANY INDIVIDUALS WITH A CONFLICT OF INTEREST ARE REQUIRED TO DECLARE POTENTIAL CONFLICTS AS A STANDING AGENDA ITEM WITH THE BOARD AND WOULD BE REQUIRED TO RECUSE THEMSELVES FROM THE DISCUSSION AND VOTING ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 THE TREASURER RECEIVES COMPENSATION FROM ASSOCIATION OF INTERNATIONAL CERTIFIED PROFESSIONAL ACCOUNTANTS ("THE ASSOCIATION"), WHICH IS AN UNRELATED ORGANIZATION. THE ASSOCIATION HAS A COMMITTEE THAT ESTABLISHES THE TREASURER'S COMPENSATION USING METHODS INCLUDING AN INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEYS/STUDIES, AND COMPARISON OF COMPENSATION AT COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE FUND'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 111,400. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 111,400. ACCOUNTING RESEARCH ASSOCIATION INC 220 LEIGH FARM ROAD DURHAM NC 27707 136227058 DEVELOP AND ESTABLISH FINANCIAL GOVERNMENT ACCOUNTING REPORTING DC 501(C)(6) AICPA 0 AICPA 220 LEIGH FARM ROAD DURHAM NC 27707 130432265 MEMBERSHIP ORG FOR THE ACCOUNTING PROFESSION DC 501(C)(6) N/A 0 AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION 220 LEIGH FARM ROAD DURHAM NC 27707 136169602 ADVANCES ACCOUNTING PROFESSION AND EDUCATION DIVERSITY DC 501(C)(3) LINE 7 AICPA 0 AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS PAC 220 LEIGH FARM ROAD DURHAM NC 27707 132937976 CONTRIBUTES TO CANDIDATES FOR FEDERAL ELECTIVE OFFICE DC 527 AICPA 0 INSTITUTE FOR ACCOUNTING PROFESSIONALS IN THE AMERICAS 66 WELLINGTON STREET WEST SUITE 53 TORONTO ONTARIO CA M5K 1E6 ADVANCES THE ACCOUNTING PROFESSION CA AICPA 0 ASSOCIATION OF INTERNATIONAL CERTIFIED PROFESSIONAL ACCOUNTANTS 220 LEIGH FARM ROAD DURHAM NC 27707 364847532 MEMBERSHIP ORG FOR THE ACCOUNTING PROFESSION DC 501(C)(6) AICPA 0 CPACOM 1345 AVE OF THE AMERICAS NEW YORK NY 10019 223731549 BRINGS INNOVATIVE PARTNER SOLUTIONS TO THE ACCOUNTING PROFESSION DE N/A C 0 MAPAGLOBAL (MALAYSIA) SDN BHD LEVEL 10 1 FIRST AVENUE BANDAR UT PETALING JAYA SELANGOR MY 47800 GLOBAL BUSINESS SERVICES MY N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0