2019-05-15T12:35:00-05:00 2018-06-30 GRANT THORNTON LLP 757 THIRD AVENUE 4TH FLOOR NEW YORK NY 100172013 990 2017-07-01 135562985 THE COOPER UNION FOR THE ADVANCEMENT OF SCIENCE & ART % JOHN RUTH COOP 2123534140 30 COOPER SQUARE Suite 2ND FL NEW YORK NY 100037120 LAURA SPARKS President 2123534247 2019-05-15 true daniel romano P00504182 2125990100 209.220.136.124 26377520191355000016 2019-05-15 P B08DA38A258ED4C8484459D6BE49987AEF42B2C2 A87539D75D44546F9E81755E19BD8DC508F41D5E 2017 2019-02-21 02:37:17Z Laura Sparks President 7 EAST 7TH STREET NEW YORK NY 10003 139671835 false X WWW.COOPER.EDU X 1859 NY THE COOPER UNION FOR THE ADVANCEMENT OF SCIENCE AND ART IS AN ALL HONORS COLLEGE THAT OFFERS DEGREES IN ENGINEERING, ARCHITECTURE AND FINE ARTS. 20 20 1064 70 -4578 0 11447467 12148197 42955036 44218513 42932356 51272646 3663197 2177841 100998056 109817197 30625550 29760187 0 0 43782177 40671084 48365 196151 3204143 37099328 36401918 111555420 107029340 -10557364 2787857 1021062990 1046137842 375348665 373830705 645714325 672307137 X SEE SCHEDULE O false false 92580105 29760187 41856547 Instruction: The Cooper Union for the Advancement of Science and Art is among the United States' oldest and most distinguished higher education institutions. It is comprised of three professional schools: architecture, art, and engineering; and a faculty of humanities and social sciences. (Continued on Schedule O) 1639572 2361966 Residence Life: The Cooper Union Student Residence offers apartment-style housing to 170 students. The facility is staffed by the Director of Housing & Resident Education and eight resident assistants. The housing and residential education staff hosts social, educational, and cultural programs aimed at building a strong community, increasing appreciation for diverse backgrounds and perspectives, and helping students transition to life in New York City and at The Cooper Union. 94219677 true true false true false false false false false true true true false false true true false true true false true false true true false false false false true true false false false false false false false false true false false false false true true true true false true 242 0 true 1064 true true true false false false false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true false false X X JOHN RUTH 2123534247 30 COOPER SQUARE 7TH FLOOR NEW YORK NY 100037120 JOSEPH DOBRONYI MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 THOMAS DRISCOLL MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 JEFFREY S HERSCH UNTIL 1217 MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 ERIC HIRSCHHORN VICE CHAIR - BOARD OF TRUSTEES 1.0 0.0 X X 0 0 0 PETER KATZ MEMBER-BD OF TRUSTEES 1.0 0.0 X 0 0 0 MALCOLM M KING MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 SCOTT LERMAN MEMBER-BD OF TRUSTEES 1.0 0.0 X 0 0 0 JULIAN MAYFIELD MEMBER-BD OF TRUST 1.0 0.0 X 0 0 0 KEVIN SLAVIN vice chair - board of trustees 1.0 0.0 X X 0 0 0 ROBERT TAN MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 JOHNNY TAYLOR JR UNTIL 218 MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 RACHEL WARREN CHAIR - BOARD OF TRUSTEES 1.0 0.0 X X 0 0 0 JEREMY WERTHEIMER MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 ELIZABETH DILLER UNTIL 1217 MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 MARY DWYER MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 BRIAN STEINWURTZEL MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 KEVIN BURKE MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 TAESHA AURORA FROM 618 MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 ANNE CHAO FROM 1217 MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 WANDA FELTON FROM 1217 MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 LYNN LANDER FROM 318 MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 STEPHEN GERARD MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 PAUL NIKULIN MEMBER - BOARD OF TRUSTEES 1.0 0.0 X 0 0 0 WILLIAM MEA UNTIL 817 VP FINANCE & ADMIN, TREASURER 35.0 0.0 X 326274 0 59650 LAURA SPARKS PRESIDENT 35.0 0.0 X 475788 0 231091 KEITH STOKELD 817-1217 INT. DIR. FIN/ADMIN, TREASURER 35.0 0.0 X 107230 0 47711 DANIELLE C DAUGHTRY FROM 917 GOVERNANCE/EXT AFFAIRS OFFICER 35.0 0.0 X 48459 0 4028 JOHN RUTH FROM 118 VP-FIN/ADMIN, TREASURER 35.0 0.0 X 66000 0 0 MITCHELL LIPTON VICE PRESIDENT OF ENROLLMENT 35.0 0.0 X 261127 0 64239 ALAN NEIL WOLF PROFESSOR AND CHAIR OF PHYSICS 35.0 0.0 X 207843 0 33701 WILLIAM GERMANO DEAN, FACULTY OF HUMANITIES 35.0 0.0 X 220299 0 59790 NADER TEHRANI DEAN/PROF. OF ARCHITECTURE 35.0 0.0 X 300464 0 44655 DANIEL LEPEK ASSOC. PROF. CHEM. ENGINEERING 35.0 0.0 X 223155 0 23999 RICHARD STOCK DEAN, SCHOOL OF ENGINEERING 35.0 0.0 X 213079 0 58873 LAWRENCE CACCIATORE UNTIL 317 CHIEF OF STAFF, SEC TO BOT 35.0 0.0 X 247914 0 19081 JAMSHED BHARUCHA FORMER PRESIDENT 35.0 0.0 X 116163 0 48534 STEPHEN BAKER UNTIL 617 VP OF STUDENT AFFAIRS 35.0 0.0 X 291756 0 50832 3105551 0 746184 87 true true false SOS SECURITY LLC PO Box 6373 1915 Route 46 PARSIPPANY NJ 07054 SECURITY 1014845 ROBERTOS BUILDING MAINTENANCE CO PO BOX 1210 GRACIE STATION NEW YORK NY 11103 MAINTENANCE 490366 PERFECT BUILDING MAINTENANCE LLC 360 Lexington Avenue 2FL NEW YORK NY 10017 Maintenance 468601 PATTERSON BELKNAP WEBB TYLER LLP 1133 AVE OF THE AMERICAS NEW YORK NY 100366710 LEGAL SERVICES 501196 4 STAR CONTRACTING INC 276 NEWTOWN ROAD PLAINVIEW NY 11803 MAINTENANCE 267748 20 203880 11944317 2497829 12148197 TUITION AND STUDENT FEES 611600 41856547 41856547 AUXILIARY INCOME 532000 2361966 2361966 44218513 47182660 -4578 47187238 0 0 1771511 1771511 0 1771511 1771511 33944624 29854638 4089986 4089986 4089986 0 0 0 0 0 0 0 0 0 OTHER REVENUE 611710 406330 406330 406330 109817197 44218513 -4578 53455065 0 25351038 25351038 4409149 4409149 0 1502787 330909 1171878 166750 166750 27982716 24600406 1980101 1402209 1932248 1635254 159743 137251 6977262 5823485 711035 442742 2109321 1783358 221128 104835 0 725772 725772 161101 161101 43 43 196151 196151 907999 907999 0 184367 176148 4749 3470 3962878 2849238 972456 141184 226410 226410 0 5297428 4738090 350859 208479 453463 404596 41417 7450 0 635021 262571 183128 189322 12975460 12355734 482523 137203 0 8121365 7751750 225013 144602 451767 400131 28351 23285 STUDENT SERVICES 340747 340747 LIBRARY CONSORTIUM 242983 242983 LIBRARY BOOKS & PERIODICALS 22726 22726 MISCELLANEOUS ADMIN 1692388 514954 1111474 65960 107029340 94219677 9605520 3204143 33470393 30996452 2585800 1425418 1126538 1578294 0 0 0 0 0 0 1861978 2143161 0 0 9472763 10270850 278500541 130938307 154167158 147562234 60682749 72157931 757695611 780003502 0 0 0 0 0 0 1021062990 1046137842 38797175 37994219 0 0 104279365 103558064 0 0 0 0 0 0 226593071 226989850 0 0 5679054 5288572 375348665 373830705 X -169148479 -170206294 735110136 756121295 79752668 86392136 645714325 672307137 1021062990 1046137842 X 2787857 20832075 2972880 X false true X true true true X false false false false false true 43 false false false 43 false PART II-B, LINE 1F A PORTION (1.13%) OF THE MEMBERSHIP DUES PAID TO THE NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS (NACUBO) SUPPORTS THE ORGANIZATION'S HIGHER EDUCATION LOBBYING EFFORTS. 798919435 6639467 66389642 45633104 826315440 777133930 1899205 53891216 34004916 798919435 738487768 1763319 70330367 33447524 777133930 717628100 4354912 49386355 32881599 738487768 665113240 2068012 80586189 30139341 717628100 0.10500 0.89500 false false 150000 150000 235594233 94589974 141004259 7834807 4278490 3556317 34921501 32069843 2851658 147562234 REAL ESTATE AND OTHER 704040191 F LIMITED PARTNERSHIPS 43383251 F HEDGE FUNDS 25728836 F FUNDS OF FUNDS 6851224 F 780003502 0 LIABILITY UNDER CHARITABLE TRU 5288572 5288572 X PART V, LINE 4 - ENDOWMENT FUNDS ENDOWMENT FUNDS ARE USED IN ACCORDANCE WITH DONORS' WISHES TO SUPPORT THE MISSION OF THE ACADEMIC INSTITUTION. PART X, LINE2 - FIN 48 (ASC 740) FOOTNOTE FROM THE CONSOLIDATED FINANCIAL The Cooper Union for the Advancement of Science and Art ("College") and the C.V. Starr Research Foundation are exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. Astor Place is exempt from federal income tax under Section 501(c)(2) of the Internal Revenue Code. The College has adopted the provisions of the Accounting Standard Codification ("ASC") 740, Accounting for Uncertainties in Income Taxes. ASC 740-10 clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This section provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The College is exempt from Federal and New York State income taxation by virtue of being an organization described in Section 501(c)(3) of the IRC and similar provisions of the New York State tax code. Nevertheless, The College may be subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the Code. The tax years ended June 30, 2014, 2015, 2016, and 2017 are still open to audit for both federal and state purposes. The College believes that there are no material uncertain tax positions within its financial statements. PART V, LINE 1B - ENDOWMENT CONTRIBUTIONS THIS AMOUNT REPRESENTS THE SUM OF: 2,639,467 CONTRIBUTIONS TO THE ENDOWMENT 4,000,000 RECLASSIFICATION OF RESTRICTED ASSETS TO ENDOWMENT ASSETS ------------- 6,639,467 ======== true true true true true true true false false false false false false false false true false true PART I LINE 3: THE COOPER UNION IS COMMITTED TO PROVIDING A LEARNING ENVIRONMENT FREE FROM UNLAWFUL DISCRIMINATION AND HARASSMENT AND TO FOSTERING A NURTURING AND VIBRANT SCHOOL FOUNDED UPON THE FUNDAMENTAL DIGNITY AND WORTH OF ALL ITS MEMBERS. CONSISTENT WITH THIS COMMITMENT AND WITH APPLICABLE LAWS, IT IS THE POLICY OF THE COOPER UNION NOT TO TOLERATE UNLAWFUL DISCRIMINATION OR HARASSMENT IN ANY FORM. PROCEDURES ARE PUBLISHED IN THE STAFF HANDBOOK AND ALSO AVAILABLE AT: HTTP://WWW.COOPER.EDU. PART I LINE 6A: BUNDY AID $62,580.00 Central America and the Caribbean Investments 26358688 26358688 26358688 SCHOLARSHIPS, FELLOWSHIPS, GRANTS Central America and the Caribbean 3 97275 SCHOLARSHIPS, FELLOWSHIPS, GRANTS East Asia and the Pacific 123 2956185 SCHOLARSHIPS, FELLOWSHIPS, GRANTS Europe (Including Iceland and Greenland) 15 424137 SCHOLARSHIPS, FELLOWSHIPS, GRANTS Middle East and North Africa 7 213973 SCHOLARSHIPS, FELLOWSHIPS, GRANTS North America 7 199013 SCHOLARSHIPS, FELLOWSHIPS, GRANTS Russia and the Newly Independent States 1 23625 SCHOLARSHIPS, FELLOWSHIPS, GRANTS South America 9 237424 SCHOLARSHIPS, FELLOWSHIPS, GRANTS South Asia 11 257517 SCHOLARSHIPS, FELLOWSHIPS, GRANTS Sub-Saharan Africa true false true true true false PART 1 LINE 3 COLUMN(F): Schedule f, part v Cooper Union invests in domestic and foreign limited partnerships that may own an interest in a foreign corporation, passive foreign investment company, or foreign partnership. Nevertheless, the colleges investment activities may not reach the thresholds required for filing the forms 926, 5471, 8621 or 8865. To the extent such a form was completed, it has been filed with the organization's form 990-t. X X X X X X true Ruffalo Noel Levitz Soliciting false 38913 Arts Manager LLC Devos Inst SOLICITING false 115000 Vertrep Consulting LLC SOLICITING false 42238 196151 FL NY true FEDERAL SEOG GRANT 22 106336 N/A N/A PRIZES, INTERNSHIP & FELLOWSHIPS 101 206497 N/A N/A Scholarships 876 25038205 N/A N/A SUPPLEMENTAL INFORMATION THE COLLEGE HISTORICALLY AWARDED FULL-TUITION SCHOLARSHIPS TO ALL ENROLLED STUDENTS. FOLLOWING A PROVISIONAL REDUCTION IN 2014 OF SCHOLARSHIPS TO A MINIMUM 50% OF TUITION FOR FISCAL REASONS (CURRENTLY THE AVERAGE STUDENT RECEIVES 70%), THE COLLEGE IS NOW EXECUTING A BOARD-APPROVED PLAN WITH A GOAL OF RETURNING WITHIN TEN YEARS TO ITS PRACTICE OF AWARDING FULL-TUITION SCHOLARSHIPS TO ALL ENROLLED STUDENTS IF THE COLLEGE MEETS ITS FINANCIAL TARGETS. THE COLLEGE DESIGNATED A TUITION RATE OF $43,250 FOR FULL-TIME UNDERGRADUATE STUDENTS FOR THE 2017-2018 ACADEMIC YEAR. STUDENTS WHO CAN DEMONSTRATE NEED, AS CALCULATED BY THE FREE APPLICATION FOR FEDERAL STUDENT AID, MAY BE ELIGIBLE FOR ADDITIONAL FINANCIAL AID. COOPER UNION AWARDS FEDERAL PELL GRANTS, AND FEDERAL SEOG GRANTS, AS WELL AS COOPER UNION GRANTS, TO STUDENTS WHO MEET THE ELIGIBILITY REQUIREMENTS. X true true X X X X X X true false false false false false false false false WILLIAM MEA UNTIL 817 VP FINANCE & ADMIN, TREASURER 252931 73343 21456 38194 385924 LAWRENCE CACCIATORE UNTIL 317 CHIEF OF STAFF, SEC TO BOT 103529 144385 4903 14178 266995 MITCHELL LIPTON VICE PRESIDENT OF ENROLLMENT 260501 626 26522 37717 325366 STEPHEN BAKER UNTIL 617 VP OF STUDENT AFFAIRS 157991 133765 12891 37941 342588 ALAN NEIL WOLF PROFESSOR AND CHAIR OF PHYSICS 207843 19817 13884 241544 WILLIAM GERMANO DEAN, FACULTY OF HUMANITIES 215940 4359 22372 37418 280089 NADER TEHRANI DEAN/PROF. OF ARCHITECTURE 299362 1102 30092 14563 345119 JAMSHED BHARUCHA FORMER PRESIDENT 115234 929 11880 36654 164697 LAURA SPARKS PRESIDENT 475308 480 49001 182090 706879 KEITH STOKELD 817-1217 INT. DIR. FIN/ADMIN, TREASURER 106525 705 11122 36589 154941 DANIEL LEPEK ASSOC. PROF. CHEM. ENGINEERING 223051 104 10002 13997 247154 RICHARD STOCK DEAN, SCHOOL OF ENGINEERING 213079 21508 37365 271952 PART 1, LINE 1A THE PRESIDENT IS PROVIDED WITH HOUSING AND CLEANING SERVICES AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE UNIVERSITY. HOUSING VALUED AT $157,500 WAS INCLUDED AS NONTAXABLE COMPENSATION ON SCHEDULE J, PART II, COLUMN (D). PART II, COLUMN (III) Included in "Other reportable compensation" (Part II, Column (iii)) are severance payments made to the following individuals in the following amounts: William Mea - $71,795.00 Lawrence Cacciatore - $144,217.44 Stephen Baker - $128,905.02 X 40 2497829 FAIR MARKET VALUE false true true Form 990, Schedule M, Line 32a To the extent that The Cooper Union receives any non-cash donations (usually in the form of securities, bonds, etc), the organization may employ its investment advisor to convert the investments into cash by selling them. ORGANIZATION'S MISSION 990 PART III, LINE 1: Vision: The Cooper Union for the Advancement of Science and Art is dedicated to Peter Cooper's radical commitment to diversity and his founding vision that fair access to an inspiring free education and forums for courageous public discourse foster a just and thriving world. Mission: Our mission is to sustain the Cooper Union as a free center of learning and civic discourse that inspires inventive, creative, and influential voices in architecture, art, and engineering to address the critical challenges and opportunities of our time. 990 PART VI, SECTION B, LINE 11B: THE FORM 990 IS REVIEWED BY EXTERNAL AUDITORS (grant thornton), THEN REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD AND PROVIDED TO ALL VOTING MEMBERS, AS A WHOLE, BEFORE IT IS FILED. 990 PART VI, SECTION B, LINE 12C: THE COOPER UNION CONDUCTS AN ANNUAL REVIEW OF THE CONFLICT OF INTEREST POLICY AND PROCEDURES AS FOLLOWS: THE COOPER UNION PROHIBITS MEMBERS OF THE BOARD OF TRUSTEES, OFFICERS AND STAFF FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISION-MAKING REGARDING TRANSACTIONS THAT MAY PRESENT A CONFLICT OF INTEREST UNDER THE CONFLICT OF INTEREST POLICY. AN ANNUAL POLICY QUESTIONNAIRE IS SENT TO ALL TRUSTEES AND CERTAIN KEY EMPLOYEES. ALL COMPLETED CONFLICT OF INTEREST QUESTIONNAIRES ARE RETURNED TO AND REVIEWED BY THE CORPORATE SECRETARY. A LIST OF ALL ACTUAL OR APPARENT CONFLICTS DISCLOSED ON THE QUESTIONNAIRES ARE THEN SUBMITTED TO THE CHAIR OF THE AUDIT COMMITTEE. ANY DISCLOSURES THAT THE AUDIT COMMITTEE CHAIR DETERMINES ARE ACTUAL OR APPARENT CONFLICTS ARE REVIEWED BY THE AUDIT COMMITTEE. THE AUDIT COMMITTEE AND, IF NECESSARY, THE BOARD OF TRUSTEES, DOCUMENTS, THROUGH MEETING MINUTES, ANY DECISIONS RELATED TO TRANSACTIONS INVOLVING AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST. THE SECRETARY TO THE BOARD OF TRUSTEES MAINTAINS A LIST OF CONFLICTS DISCLOSED BY TRUSTEES, OFFICERS, AND STAFF ANNUALLY. COOPER UNION CONDUCTS A PERIODIC REVIEW OF TRANSACTIONS INVOLVING SIGNIFICANT EXPENDITURES TO ENSURE ANY COMPENSATION PAID CONTINUES TO BE REASONABLE. 990 PART VI, SECTION B, LINE 15 THE BOARD COMPENSATION COMMITTEE, ON BEHALF OF THE ENTIRE BOARD, FOLLOWS THE PROCEDURES REFERRED TO IN I.R.C. 4958 TO ESTABLISH A "REBUTTABLE PRESUMPTION OF REASONABLENESS" WITH RESPECT TO THE COMPENSATION OF THE PRESIDENT. THE COMMITTEE REVIEWS COMPARABLE COMPENSATION DATA FROM INDUSTRY SURVEYS TO EVALUATE THE REASONABLENESS OF THE COMPENSATION AMOUNTS. THE RESULTS OF THIS PROCESS ARE RECORDED IN THE COMMITTEE'S MINUTES. ALL ADJUSTMENTS TO THE PRESIDENT'S COMPENSATION ARE APPROVED BY THE BOARD. 990 PART VI, SECTION C, LINE 19: THE COOPER UNION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AT MANAGEMENT'S DISCRETION 990 PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES: $2,972,880 AMOUNT NOT YET RECOGNIZED AS A COMPONENT OF NET PERIODIC BENEFIT COST 990 PART III, LINE 4A: Instruction: (continued) The college admits undergraduates solely on merit and historically awarded full-tuition scholarships to all enrolled students. Following a provisional reduction in 2014 of scholarships to 50% of tuition due to fiscal reasons, the college is now executing a board-approved plan to resume its practice of awarding full-tuition scholarships to all enrolled students. The institution provides students close contact with a distinguished, creative faculty and fosters rigorous, humanistic learning that is enhanced by the process of design and augmented by the urban setting. Enrollment for the 2017-2018 academic year was 846 undergraduate students and 60 graduate students. 990 PART VII, SECTION A, LINE 1A John Ruth was appointed an officer of the university on January 1, 2018. His calendar-year-2017 compensation reported on Part VII was for work he performed as a part-time consultant prior to assuming the officer role. ASTOR PLACE HOLDING CORPORATION C/O COOPER UNION 30 COOPER SQUARE NEW YORK NY 10003 136126686 PROPERTY NY 501(c)(2) N/A COOPER UNION true CV STARR RESEARCH FOUNDATION C/O COOPER UNION 30 COOPER SQUARE NEW YORK NY 10003 132878769 RESEARCH/EDUC NY 501(c)(3) 12-1 COOPER UNION true PLANNED GIVING POOLS (16) ANNUITY false CHARITABLE REMAINDER TRUST (11) ANNUITY false CHARITABLE GIFT ANNUITIES (72) ANNUITY false true false false false false false false false true false false false true true false false true false SCHEDULE R, PART IV, COLUMN (C) LINE (1): THE PLANNED GIVING POOL ACCOUNTS ARE LOCATED IN THE FOLLOWING STATE: NY. LINE (2): THE CHARITABLE REMAINDER TRUST ACCOUNTS ARE LOCATED IN THE FOLLOWING STATES: CA, NJ, AND NY. LINE (3): THE CHARITABLE GIFT ANNUITY ACCOUNTS ARE LOCATED IN THE FOLLOWING STATES: AZ, CA, CT, FL, IL, MD, MA, NJ, NY, OR, PA, SC, VA, AND WA.