2025-11-17T13:59:30-06:00 2024-12-31 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2024-01-01 133871494 METROPOLITAN CLUB FOUNDATION INC METR 9143474653 49 KNOLLWOOD ROAD ELMSFORD NY 10523 TODD ZORN TREASURER 9143474653 2025-11-17 1 1 ALEXANDER LAZZARUOLO P01775353 2126617777 2024 2025-03-06 01:10:19Z TODD ZORN 49 KNOLLWOOD ROAD ELMSFORD NY 10523 908368 0 X NONE X 1996 NY TO SUPPORT EDUCATIONAL PROGRAMS FOR CLUB MANAGERS 15 15 0 15 0 0 86035 47872 223494 269152 9227 331046 7426 0 326182 648070 117242 83714 0 0 53936 54613 0 0 0 176716 166223 347894 304550 -21712 343520 3217841 3747941 100732 109025 3117109 3638916 X THE METROPOLITAN CLUB FOUNDATION (THE "FOUNDATION"), INC. WAS FORMED FOR THE FOLLOWING PURPOSES: TO SUPPORT EDUCATIONAL PROGRAMS FOR CLUB MANAGERS AND ASSISTANT MANAGERS; TO FURTHER THE CLUB MANAGEMENT PROFESSION; (CONTINUED ON SCHEDULE O).TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS FROM THE PUBLIC SECTOR, INCLUDING MINORITIES, INTERESTED IN THE CLUB AND HOSPITALITY FIELDS AND IN DOING SO, CREATE A GREATER PUBLIC AWARENESS OF PROFESSIONAL OPPORTUNITIES; TO PROMOTE THE CLUB MANAGEMENT PROFESSION THROUGH ACADEMIC PROGRAMS OFFERED BY COMMUNITY COLLEGES, CULINARY SCHOOLS AND UNIVERSITIES BOTH IN NEW YORK AND OTHER STATES; TO COOPERATE IN THE DISSEMINATION OF PROFESSIONAL INFORMATION TO ALLIED ASSOCIATIONS, ACADEMIC INSTITUTIONS AND OTHER GROUPS INVOLVED WITH THE HOSPITALITY FIELD; TO OFFER LIMITED ASSISTANCE TO CLUB MANAGEMENT PROFESSIONALS AND THEIR FAMILIES FACING CATASTROPHIC AND DEVASTATING SITUATIONS DUE TO ILLNESS, DISASTER OR DEATH OF A FAMILY MEMBER. 0 0 113135 265402 VENDOR SHOW - AN ANNUAL TRADE SHOW FEATURING VENDORS SHOWCASE CLUB SPECIFIC PRODUCTS. ATTENDEES OF THE SHOW INCLUDE MANAGEMENT STAFF FROM AREA CLUBS. 83714 83714 EDUCATION AND SCHOLARSHIPS. 19577 3750 FOUNDATION HOSTS THREE WORKSHOPS A YEAR TO PROVIDE EDUCATIONAL PROGRAMS TO FURTHER THE CLUB MANAGEMENT PROFESSION. THESE 6-HOUR WORKSHOPS ARE OPEN TO THE MEMBERSHIP AND GUESTS AND TAUGHT BY LEADING INDUSTRY EXPERTS. 216426 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 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 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 NY X THE FOUNDATION 9143474653 49 KNOLLWOOD ROAD ELMSFORD NY 10523 X BARRY L CHANDLER CHAIRMAN 1.00 X X 0 0 0 RANDALL J RUDER CCM CCE VICE-CHAIRMAN 1.00 X X 0 0 0 ROBERT KASARA CCM SECRETARY 1.00 X X 0 0 0 TODD ZORN CCM TREASURER 1.00 X X 0 0 0 JOHN BLADT CCM DIRECTOR 1.00 X 0 0 0 COLIN A BURNS CCM DIRECTOR 1.00 X 0 0 0 CHARLES D DORN CCM DIRECTOR 1.00 X 0 0 0 ROBERT C JAMES CCM CCE CHE DIRECTOR 1.00 X 0 0 0 JEFFREY MARTOCCI CCM DIRECTOR 1.00 X 0 0 0 DONALD MOLLITOR DIRECTOR 1.00 X 0 0 0 CRAIG RUHLING DIRECTOR 1.00 X 0 0 0 DANIEL SAALMAN CFP CRPC DIRECTOR 1.00 X 0 0 0 LORI SAHAGIAN CCM DIRECTOR 1.00 X 0 0 0 GENE WESTMORELAND DIRECTOR 1.00 X 0 0 0 BURTON WARD CCM CCE PAST CHAIRMAN 1.00 X 0 0 0 0 0 0 0 0 0 0 0 47872 47872 VENDOR SHOW EXPOSITION 900099 265402 265402 WORKSHOPS 900099 3750 3750 269152 237294 237294 354050 260298 93752 93752 93752 648070 0 0 600198 35917 35917 47797 47797 50501 50501 4112 4112 23092 23092 7938 7938 VENDOR SHOW EXPOSITION 113135 113135 WORKSHOPS/SPEAKERS EXPE 19577 19577 MISCELLANEOUS 2481 2481 304550 216426 88124 0 73725 165433 16025 12887 3128091 3569621 3217841 3747941 100732 109025 100732 109025 X 3048765 3570572 68344 68344 3117109 3638916 3217841 3747941 343520 178287 0 X X 0 1 X 1 0 X 31346 50643 27978 86035 47872 243874 31346 50643 27978 86035 47872 243874 4699 239175 94404 175701 112093 151688 237294 771180 1015054 799838 0.23560 0.24700 X METROPOLITAN CLUB FOUNDATION, INC., INC. (THE "FOUNDATION") QUALIFIES AS PUBLICLY SUPPORTED BECAUSE IT MEETS THE 10% PLUS FACTS-AND-CIRCUMSTANCES TEST UNDER TREAS REG. 1.170A-9(E)(3) IN THE FOLLOWING RESPECTS:10% OF SUPPORT LIMITATION: AT 24.03% THE FOUNDATION'S PUBLIC SUPPORT PERCENTAGE FOR 2024 EXCEEDED 10%.ATTRACTION OF PUBLIC SUPPORT AND PUBLIC MISSION: THE METROPOLITAN CLUB FOUNDATION (THE "FOUNDATION"), INC. WAS FORMED FOR THE FOLLOWING PURPOSES: TO SUPPORT EDUCATIONAL PROGRAMS FOR CLUB MANAGERS AND ASSISTANT MANAGERS; TO FURTHER THE CLUB MANAGEMENT PROFESSION; TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS FROM THE PUBLIC SECTOR, INCLUDING MINORITIES, INTERESTED IN THE CLUB AND HOSPITALITY FIELDS AND IN DOING SO, CREATE A GREATER PUBLIC AWARENESS OF PROFESSIONAL OPPORTUNITIES; TO PROMOTE THE CLUB MANAGEMENT PROFESSION THROUGH ACADEMIC PROGRAMS OFFERED BY COMMUNITY COLLEGES, CULINARY SCHOOLS AND UNIVERSITIES BOTH IN NEW YORK AND OTHER STATES; TO COOPERATE IN THE DISSEMINATION OF PROFESSIONAL INFORMATION TO ALLIED ASSOCIATIONS, ACADEMIC INSTITUTIONS AND OTHER GROUPS INVOLVED WITH THE HOSPITALITY FIELD; TO OFFER LIMITED ASSISTANCE TO CLUB MANAGEMENT PROFESSIONALS AND THEIR FAMILIES FACING CATASTROPHIC AND DEVASTATING SITUATIONS DUE TO ILLNESS, DISASTER OR DEATH OF A FAMILY MEMBER. SOURCES OF SUPPORT: THE FOUNDATION 'S FUNDING COMES FROM DIVERSE SOURCES INCLUDING A NUMBER OF ORGANIZATIONS AND INDIVIDUALS.REPRESENTATIVE GOVERNING BODY: THE FOUNDATION'S ACTIVITIES ARE GOVERNED BY A BOARD OF DIRECTORS REFLECTING A BROAD RANGE OF INDIVIDUALS WITH SPECIAL BACKGROUNDS AND EXPERTISE IN MANAGING AND OPERATING NONPROFIT ORGANIZATIONS. THE FOUNDATION'S BOARD IS ACTIVELY INVOLVED IN SOLICITING NEW AND DIVERSE SOURCES OF FUNDING TO SUPPORT THE FOUNDATION'S PURPOSE.AVAILABILITY OF PUBLIC FACILITIES OR SERVICES; PUBLIC PARTICIPATION IN PROGRAMS OR POLICIES: THE FOUNDATION ENGAGES IN A VARIETY OF CHARITABLE ACTIVITIES THAT ARE CONDUCTED DIRECTLY FOR THE BENEFIT OF THE PUBLIC ON A CONTINUING BASIS. THE FOUNDATION CONTINUALLY REEVALUATES ITS PROGRAMS AND STRIVES TO DEVELOP PROGRAMS TO ADDRESS THE CONTINUALLY CHANGING NEED. 68344 68344 68344 68344 68344 68344 68344 11608 11608 68344 69412 1977 2455 5500 68344 1.00000 0 0 0 826357 178287 178287 648070 0 648070 304550 0 304550 0 304550 PART V LINE 4 THE FOUNDATION REPORTS ITS RESTRICTED NET ASSETS IN ACCORDANCE WITH ACCOUNTING STANDARDS. ON SEPTEMBER 17, 2010, NEW YORK ADOPTED A VERSION OF THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT ("NYPMIFA") TO GOVERN HOW NOT-FOR-PROFIT ORGANIZATIONS ADMINISTER AND MANAGE ENDOWMENT ASSETS. THE FOUNDATION PRESERVES THE FAIR VALUE OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. THE FOUNDATION CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATE DONOR-RESTRICTED ENDOWMENT FUNDS: THE DURATION AND PRESERVATION OF THE FUND, THE PURPOSES OF THE FOUNDATION AND THE DONOR- RESTRICTED ENDOWMENT FUND, GENERAL ECONOMIC CONDITIONS, THE POSSIBLE EFFECT OF INFLATION AND DEFLATION. THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS, OTHER RESOURCES OF THE FOUNDATION, AND THE INVESTMENT POLICIES OF THE FOUNDATION. 1 ISLAND HARVEST 126 SPAGNOLI ROAD MELVILLE NY 11747 113136350 501(C)3 5500 0 FMV GENERAL SUPPORT 1 GRANTS & SCHOLARSHIPS 17 47797 PART I, LINE 2: THE FOUNDATION MONITORS THE USE OF THE GRANT FUNDS. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER REVIEWED A DRAFT OF THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND OFFICERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. PART XII - LINE 1 THE FOUNDATION'S POLICY IS TO PREPARE ITS FINANCIAL STATEMENTS ON THE BASIS OF CASH RECEIPTS AND CASH DISBURSEMENTS, MODIFIED TO RECORD INVESTMENTS AT FAIR VALUE, THE RELATED UNREALIZED GAIN OR LOSS, CERTAIN PREPAID EXPENSES AND ACCOUNTS PAYABLE AND ACCRUED EXPENSES.