2025-07-09T13:33:08-05:00 2024-08-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-09-01 133960936 THE CAMPAIGN FOR CARDINAL SPELLMAN HIGH SCHOOL FOUNDATION INC CAMP 7188818000 ONE CARDINAL SPELLMAN PLACE BRONX NY 104665897 BRENDAN SPILLANE TREASURER 7188818000 2025-07-09 1 1 MELISSA MODELSON P01603524 9143818900 2025-07-09 2023 2025-03-06 01:10:19Z RICHARD NARDI ONE CARDINAL SPELLMAN PLACE BRONX NY 104665897 1143785 0 X N/A X 1997 NY PROVIDE FINANCIAL ASSISTANCE TO CARDINAL SPELLMAN HIGH SCHOOL TO BE USED FOR SCHOOL SPONSORED SCHOLARSHIPS, CAPITAL IMPROVEMENTS, EDUCATIONAL EQUIPMENT SUCH AS COMPUTER AND LABORATORY EQUIPMENT, AND SUPPORT OF GENERAL OPERATING COST SHORTFALLS. 7 7 0 7 0 0 314999 264992 0 0 450182 760133 0 0 765181 1025125 1401339 1002291 0 0 0 0 0 0 0 32416 49401 1433755 1051692 -668574 -26567 17355512 21188110 852785 3067801 16502727 18120309 PROVIDE FINANCIAL ASSISTANCE TO CARDINAL SPELLMAN HIGH SCHOOL TO BE USED FOR SCHOOL SPONSORED SCHOLARSHIPS, CAPITAL IMPROVEMENTS, EDUCATIONAL EQUIPMENT SUCH AS COMPUTER AND LABORATORY EQUIPMENT, AND SUPPORT OF GENERAL OPERATING COST SHORTFALLS. 0 0 1002291 1002291 0 FUNDING FOR SCHOLARSHIPS GIVEN BY CARDINAL SPELLMAN HIGH SCHOOL ARE BASED UPON CRITERIA ESTABLISHED BY THE SCHOOL. SCHOLARSHIP FUNDING IS PAID DIRECTLY TO THE SCHOOL. DURING THE TAX YEAR ENDED 8/31/24, 143 STUDENTS RECEIVED SCHOLARSHIPS.SCARANGELLO SCHOLARSHIP RECIPIENTS ARE SELECTED BY THE DONOR BASED ON ACADEMIC MERIT AND A SUBMITTED ESSAY. SCHOLARSHIP FUNDING IS PAID DIRECTLY TO THE SCHOOL. DURING THE TAX YEAR ENDED 8/31/24, SIX (6) STUDENTS RECEIVED SCARANGELLO SCHOLARSHIPS OF $63,000. 1002291 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 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 0 0 X 7 7 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 NY X X BRENDAN SPILLANE 7188818000 ONE CARDINAL SPELLMAN PLACE BRONX NY 104665897 X PATRICK G BOYLE CHAIRMAN 2.00 1.00 X X 0 0 0 RICHARD A NARDI PRESIDENT 2.00 1.00 X X 0 0 0 DANIEL S O'CONNELL VICE PRESIDENT 2.00 0.00 X X 0 0 0 BRENDAN SPILLANE TREASURER 3.00 0.00 X X 0 0 0 GASPARE J CERULLO SECRETARY 2.00 1.00 X X 0 0 0 GERALD S ADOLPH DIRECTOR 1.00 1.00 X 0 0 0 NICHOLAS A MANCINI DIRECTOR 1.00 1.00 X 0 0 0 0 0 0 0 0 0 0 0 264992 122486 264992 651718 651718 227075 118660 108415 108415 108415 1025125 0 0 760133 753000 753000 249291 249291 32926 32926 1772 1772 14115 14115 588 588 1051692 1002291 49401 0 5831242 6504045 459239 159053 11065031 14525012 17355512 21188110 22200 32750 830585 3035051 852785 3067801 X 8006365 9260007 8496362 8860302 16502727 18120309 17355512 21188110 -26567 1644149 0 X X 0 1 X 0 0 X 79700 1306801 4474628 314999 264992 6441120 79700 1306801 4474628 314999 264992 6441120 2843151 3597969 204958 226476 278162 452496 651718 1813810 8254930 0.43590 0.46080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 765515 40000 94268 899783 693263 35000 37252 765515 779899 -15636 71000 693263 782325 71000 62074 135500 779899 735885 46440 782325 0.00000 0.52791 0.47209 0 0 0 DUE TO RELATED PARTY 835051 ASSETS HELD FOR RELATED PARTY 2200000 3035051 X 2669274 1644149 1644149 1025125 0 1025125 1051692 0 1051692 0 1051692 PART V, LINE 4: THE OBJECTIVE FOR DONOR-RESTRICTED ENDOWMENT FUNDS IS TO PRESERVE THE CAPITAL BASE. INVESTMENT EARNINGS ARE TO BE USED FOR SCHOLARSHIP. 2020 ENDOWMENT FUNDS ACTIVITY: $71,000 OF THE AMOUNT REPORTED AS 2020 CONTRIBUTIONS RESULTS FROM A CHANGE IN PRESENTATION OF THE AUDITED FINANCIAL STATEMENTS ENDOWMENT FOOTNOTE IN 2020. IN COLUMN (D), RATHER THAN ADJUSTING THE BEGINNING OF YEAR ENDOWMENT NET ASSETS, THE ADJUSTMENT IS INCLUDED IN OTHER EXPENDITURES FOR FACILITIES AND PROGRAMS. PART X, LINE 2: THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO AUGUST 31, 2021. 1 CARDINAL SPELLMAN HIGH SCHOOL 1 CARDINAL SPELLMAN PLACE BRONX NY 10466 270671022 501(C)(3) 743000 0 SCHOLARSHIPS FOR THE HIGH SCHOOL STUDENTS AND GENERAL OPERATING SUPPORT. ST JOSEPH'S SEMINARY & COLLEGE 201 SEMINARY AVE YONKERS NY 10704 131730353 501(C)(3) 10000 0 SUPPORT THE ANNUAL GALA. 2 0 SCARANGELLO SCHOLARSHIPS 6 63000 SCHOLARSHIPS 143 186291 PART I, LINE 2: WITH RESPECT TO THE SCHOLARSHIPS, THE FOUNDATION RECEIVES A LIST OF ALL SCHOLARSHIPS GIVEN BY THE SCHOOL AND IDENTIFIES AND CONFIRMS THAT THE AMOUNTS PAID TO THE SCHOOL BY THE FOUNDATION WERE GIVEN OUT TO THE HIGH SCHOOL STUDENTS. ALL ASSISTANCE IS GIVEN DIRECTLY TO THE SCHOOL AND APPLIED TO THE RECIPIENT'S TUITION ACCOUNT BY THE TUITION MANAGER. RECIPIENTS ARE SELECTED ON THE BASIS OF NEED, GOOD CHARACTER AND GOOD ACADEMIC STANDING. THE SIX SCARANGELLO SCHOLARSHIP RECIPIENTS ARE SELECTED BY THE DONOR BASED ON ACADEMIC MERIT AND A SUBMITTED ESSAY. SCHOLARSHIP FUNDING IS PAID DIRECTLY TO THE SCHOOL. SCHOLARSHIPS ARE DETERMINED BY CSHS, BASED ON DONOR CRITERIA. THE MONIES ARE POSTED TO INDIVIDUAL STUDENT ACCOUNTS. THE GRANT TO CSHS IS MONITORED THROUGH A YEARLY TRANSFER THAT IS MADE BASED ON A SPENDING RATE OF 5% WHICH HAVE NO RESTRICTIONS ON HOW THEY ARE SPENT. X 2 122486 SALES PRICE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B) OF SCHEDULE M. FORM 990, PART VI, SECTION A, LINE 2 DANIEL O'CONNELL AND BRENDAN SPILLANE HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE CAMPAIGN FOR CARDINAL SPELLMAN HIGH SCHOOL FOUNDATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ON THE RETURN ARE PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS APPLICABLE TO ALL DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS. CONFLICT OF INTEREST DISCLOSURES ARE REQUIRED ANNUALLY. IF A CONFLICT WERE TO ARISE, THE BOARD MEMBER WOULD MEET WITH THE PRESIDENT OF THE BOARD AND THE PRESIDENT OF THE SCHOOL. THE ISSUE WOULD BE ADDRESSED IMMEDIATELY AND THE INTERESTED PERSON WOULD BE RECUSED FROM VOTING. THE MINUTES OF THE GOVERNING BOARD AND ALL COMMITTEES WITH BOARD DELEGATED POWERS SHALL CONTAIN: A. THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE GOVERNING BOARD'S OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED. B. THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION WITH THE PROCEEDINGS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION, FORM 990, FORM 1023, CONFLICT OF INTEREST POLICY, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XII, LINE 2C: THE TREASURER AND THE BOARD OF DIRECTORS ASSUME RESPONSIBILITY OF THE OVERSIGHT AND SELECTION OF THE INDEPENDENT ACCOUNTANTS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CARDINAL SPELLMAN HIGH SCHOOL 1 CARDINAL SPELLMAN PLACE BRONX NY 10466 270671022 OPERATE A CO-ED HIGH SCHOOOL NY 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0