2016-10-25T11:24:14-05:00 2016-06-30 113084306 RIZZI SCHWARZ & TARASKAS LLP PO BOX 518 PATCHOGUE NY 11772 990 2015-07-01 113371925 FOR THE KIDS FOUNDATION OF EAST ISLIP INC FORT PO BOX 390 EAST ISLIP NY 11730 NANCY IRACE TREASURER 6312774670 2016-10-19 JANICE M TARASKAS CPA P00086087 6314755445 2016-10-19 2015 2017-02-10 21:41:12Z NANCY GOLDFADER 16 DEER RUN EAST ISLIP NY 11730 134766 false X HTTP://WWW.FORTHEKIDSEASTISLIP.ORG/ X 1997 NY THE ORGANIZATION WAS FORMED TO PROVIDE FINANCIAL AND CREATIVE SUPPORT FOR THE EAST ISLIP UNION FREE SCHOOL DISTRICT AND RESIDENTS OF THE DISTRICT BY IDENTIFYING AND MOBILIZING AVAILABLE RESOURCES, AND BY FOSTERING PARTNERSHIPS AMONG AND BETWEEN THE SCHOOLS, COMMUNITY, BUSINESSES AND INDUSTRIES WITHIN THE DISTRICT. A PERCENTAGE OF THE FOUNDATION'S RESOURCES MAY ALSO BE USED FOR CHARITABLE PURPOSES SUCH AS PROVIDING AID TO FINANCIALLY NEEDY FAMILIES IN THE COMMUNITY. 18 18 0 40 0 450 6455 0 5741 3304 78404 42104 84595 51863 34646 54300 0 0 0 0 11651 11422 46297 65722 38298 -13859 520847 463860 0 520847 463860 X THE ORGANIZATION WAS FORMED TO PROVIDE FINANCIAL AND CREATIVE SUPPORT FOR THE EAST ISLIP UNION FREE SCHOOL DISTRICT AND RESIDENTS OF THE DISTRICT BY IDENTIFYING AND MOBILIZING AVAILABLE RESOURCES, AND BY FOSTERING PARTNERSHIPS AMONG AND BETWEEN THE SCHOOLS, COMMUNITY, BUSINESSES AND INDUSTRIES WITHIN THE DISTRICT. A PERCENTAGE OF THE FOUNDATION'S RESOURCES MAY ALSO BE USED FOR CHARITABLE PURPOSES SUCH AS PROVIDING AID TO FINANCIALLY NEEDY FAMILIES IN THE COMMUNITY. false false 54300 54300 THE ORGANIZATION WAS FORMED TO PROVIDE FINANCIAL AND CREATIVE SUPPORT FOR THE EAST ISLIP UNION FREE SCHOOL DISTRICT AND RESIDENTS OF THE DISTRICT BY IDENTIFYING AND MOBILIZING AVAILABLE RESOURCES, AND BY FOSTERING PARTNERSHIPS AMONG AND BETWEEN THE SCHOOLS, COMMUNITY, BUSINESSES AND INDUSTRIES WITHIN THE DISTRICT. A PERCENTAGE OF THE FOUNDATION'S RESOURCES MAY ALSO BE USED FOR CHARITABLE PURPOSES SUCH AS PROVIDING AID TO FINANCIALLY NEEDY FAMILIES IN THE COMMUNITY. THE GRANTS ISSUED BY THE ORGANZIATION SERVE TO ACHIEVE THAT FINANCIAL SUPPORT. THERE ARE NO SPECIFIC PROGRAMS WHICH GENERATE THE REVENUE TO SUPPORT THE GRANTS MADE. REVENUE IS GENERATED VIA FUNDRAISING EVENTS. 54300 true false false false false false false false false true false false false false false false false false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false true 1 0 false 0 false false false false false false false false false false false false X 18 18 true false false false false false false true true false false false false false false false false false NY X NANCY IRACE 6312774670 PO BOX 390 EAST ISLIP NY 11730 X MARGARET BURNHAM DIRECTOR 1.00 X 0 0 0 DAVID GOLDFADER DIRECTOR 1.00 X 0 0 0 ELENA HENRY DIRECTOR 1.00 X 0 0 0 EILEEN KACZYNSKI DIRECTOR 1.00 X 0 0 0 MELISSA LYNCH DIRECTOR 1.00 X 0 0 0 LAURIE WALSH DIRECTOR 1.00 X 0 0 0 MARY FINN TRUSTEE 1.00 X 0 0 0 FRANK NACCARATO JR TRUSTEE 1.00 X 0 0 0 CATHY LEMON TRUSTEE 1.00 X 0 0 0 GINA VANDENBURG TRUSTEE 1.00 X 0 0 0 JENNIFER BRUNO TRUSTEE 1.00 X 0 0 0 JAMES BRUNO TRUSTEE 1.00 X 0 0 0 DANIELLE MACCARINO TRUSTEE 1.00 X 0 0 0 JENNIFER JINETE TRUSTEE 1.00 X 0 0 0 NANCY GOLDFADER PRESIDENT 2.00 X 0 0 0 PAT BLAIR VICE PRESIDE 2.00 X 0 0 0 SUZANNE ZEMBRZYCKI SECRETARY 2.00 X 0 0 0 NANCY IRACE TREASURER 2.00 X 0 0 0 false false false 6455 4500 6455 4544 4544 6133 1170 8543 -2410 1170 -1240 -1240 116464 74360 42104 42104 51863 3304 42104 52800 52800 1500 1500 7150 7150 1678 1678 1802 1802 WEBSITE EXPENSES 400 400 POST OFFICE BOX 197 197 NYS CHARITIES FILING FEES 125 125 BANK FEES 37 37 33 33 65722 54300 11422 0 209716 158548 175709 203116 135422 102196 520847 463860 0 0 X 404142 357076 2605 114100 106784 520847 463860 520847 463860 -13859 -43128 X false false false X 10921 5747 4665 450 6455 28238 194441 211079 207462 168463 116464 897909 205362 216826 212127 168913 122919 926147 926147 3303 1615 4831 5762 3312 18823 3303 1615 4831 5762 3312 18823 208665 218441 216958 174675 126231 944970 0.98010 0.98430 0.02000 0.02000 X 114100 12188 -15504 -4000 106784 107535 9170 -2605 114100 105298 12530 -10345 -52 107535 106028 -684 46 105298 105998 206 176 106028 1.00000 false false SCHEDULE D, PAGE 4, PART XIII PART V, LINE 4 - THE ENDOWMENT AGREEMENT WAS AMENDED JUNE 13, 2016. PRIOR TO THE AMENDMENT, THE PRINCIPAL WAS TO REMAIN INVESTED INDEFINATELY. 80% OF THE ANNUAL EARNINGS WERE TO BE DISPENSED FOR SCIENCE EDUCATION TO BENEFIT THE CHILDREN OF THE EAST ISLIP SCHOOL DISTRICT. 15% OF THE ANNUAL EARNINGS WERE TO BE REINVESTED IN TO THE PRINCIPAL AND THE REMAINING 5% WAS TO BE USED BY THE ORGANIZATION FOR ADMINISTRATIVE COSTS FOR THE HANDLING OF THE ENDOWMENT. AFTER THE JUNE 16, 2016 AMENDEMENT, THE PRINCIPAL IS TO CONTINUE TO REMAIN PERMANENTLY RESTRICTED AND THE ORGANIZATION WILL REASONABLY STRIVE TO MAINTAIN AN ANNUAL YEILD OF 5% OF THE PRINCIPAL INVESTMENT. 4,000 WILL BE DISBURSED ANNUAL IN THE FORM OF THREE 500 SCHOLARSHIPS TO THE VALEDICTORIAN, SALUTATORIAN AND BEST SENIOR HIGH SCHOOL SCIENCE STUDENT AND REMAINING 2,500 TO BE DISBURSED TO ANY SCHOOL SCIENCE RELATED PROGRAM WITH IN THE EAST ISLIP UNION FREE SCHOOL DISTRICT. BLACK TIE GALA 56378 56378 23750 1100 6887 CARNIVAL 44311 44311 26102 1 15775 15775 15144 1377 116464 116464 38894 1100 34366 74360 42104 false EAST ISLIP UNION FREE SCHOOL DISTRICT 1 CRAIG B GARIEPY AVE ISLIP TERRACE NY 11752 116001981 45000 CAMPUS SECURITY 1 4 SCHEDULE I, PAGE 1, PART I, LINE 2 THE ORGANIZATION'S BOARD REVIEWS EACH GRANT APPLICATION RECEIVED. THE BOARD MAINTAINS CLOSE CONTACT WITH THE SCHOOL DISTRICT'S ADMINSTRATION THROUGHOUT THE PROCESS. FORM 990 - ORGANIZATION'S MISSION THE ORGANIZATION WAS FORMED TO PROVIDE FINANCIAL AND CREATIVE SUPPORT FOR THE EAST ISLIP UNION FREE SCHOOL DISTRICT AND RESIDENTS OF THE DISTRICT BY IDENTIFYING AND MOBILIZING AVAILABLE RESOURCES, AND BY FOSTERING PARTNERSHIPS AMONG AND BETWEEN THE SCHOOLS, COMMUNITY, BUSINESSES AND INDUSTRIES WITHIN THE DISTRICT. A PERCENTAGE OF THE FOUNDATION'S RESOURCES MAY ALSO BE USED FOR CHARITABLE PURPOSES SUCH AS PROVIDING AID TO FINANCIALLY NEEDY FAMILIES IN THE COMMUNITY. FORM 990, PAGE 1, PART I, LINE 6 ASSIST THE ORGANIZATION IN OPERATING FUNDRAISING EVENTS. FORM 990, PAGE 6, PART VI, LINE 2 NANCY GOLDFADER DAVID GOLDFADER PRESIDENT DIRECTOR HUSBAND AND WIFE JENNIFER BRUNO JAMES BRUNO TRUSTEE TRUSTEE HUSBAND AND WIFE FORM 990, PAGE 6, PART VI, LINE 11B THE TREASURER REVIEWS FORM 990 PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC BY WRITTEN REQUEST. FORM 990, PART XI, LINE 9 UNREALIZED LOSS ON INVESTMENTS -43,128 TOTAL -43,128