2014-06-16T16:14:01-05:00 2013-07-31 271728945 O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2012-08-01 112418771 THE HEALTH SCIENCE CENTER AT BROOKLYN FOUNDATION HEAL 7182703148 450 CLARKSON AVENUE BROOKLYN NY 11203 ALAN DZIJA 7182703148 2014-06-16 1 GARRETT M HIGGINS P00543209 9143818900 2014-06-16 2012 2016-02-25 16:41:14Z ALAN DZIJA 450 CLARKSON AVENUE BROOKLYN NY 11203 94109654 0 X WWW.DOWNSTATE.EDU/FINANCE/HSCB_FOUNDATION.HTML X 1954 NY TO ESTABLISH, OPERATE, MANAGE, PROMOTE, AND CULTIVATE EDUCATIONAL RELATED ACTIVITIES FOR THE STUDENTS AND FACULTY OF THE SUNY DOWNSTATE MEDICAL CENTER AND TO AID THE STUDENTS, FACULTY, AND ADMINISTRATION. IN ADDITION, TO UPGRADE AND EXPAND FACILITIES TO ADVANCE THE INSTITUTION'S MISSION. 8 1 2128 15 0 0 2685419 1100433 165505601 89985906 3158231 2297845 -1056229 725470 170293022 94109654 181872 152227 0 0 156459811 83668337 0 0 0 12477511 12147622 169119194 95968186 1173828 -1858532 147633465 151659108 41401747 39872210 106231718 111786898 X TO ESTABLISH, OPERATE, MANAGE, PROMOTE, AND CULTIVATE EDUCATIONAL RELATED ACTIVITIES FOR THE STUDENTS AND FACULTY OF THE SUNY DOWNSTATE MEDICAL CENTER. IN ADDITION, THE FOUNDATION PROVIDES AID TO THE STUDENTS, FACULTY, AND ADMINISTRATION OF THE CENTER TO FURTHER THEIR EDUCATION AND STUDIES, WORK, LIVING, AND CO-CURRICULAR ACTIVITIES IN COLLABORATION AND COORDINATION WITH THE EDUCATIONAL GOALS OF THE CENTER. 0 0 7131921 2042419 THE HSCB FOUNDATION SUPPORTS THE RECRUITMENT OF ADMINISTRATIVE POSITIONS AT DOWNSTATE MEDICAL CENTER AND DEPARTMENT CHAIRS IN THE COLLEGE OF MEDICINE. IN ADDITION, CONSULTING SERVICES INCLUDE PUBLIC RELATIONS, ADVICE ON FUND-RAISING STUDENT PSYCHOLOGICAL EVALUATIONS AND LEGAL SERVICES ARE PROVIDED BY THE FOUNDATION.THE ORGANIZATION ALSO OPERATES RENTAL PROPERTIES, AND A FACULTY AND STUDENT PARKING LOT ON THE SUNY DOWNSTATE CAMPUS. 152227 152227 THE FOUNDATION SUPPORTS SCHOLARSHIPS, HONORARIUMS AND FELLOWSHIPS IN ACCORDANCE WITH THE REQUIREMENTS OF DONATIONS RECEIVED FOR THE PURPOSE. THE ENDOWMENT FUND THE FOUNDATION HAS HELPS TO SUPPORT THESE SCHOLARSHIPS AND FELLOWSHIPS. THE SCHOLARHIPS ARE AWARDED TO CURRENT STUDENTS, AND FACULTY OF SUNY DOWNSTATE. THE MONEY CAN BE USED FOR TUITION, ROOM AND BOARD, OR ANY OTHER EDUCATIONAL EXPENSE. 87943487 87943487 IN JANUARY 2011, THE ORGANIZATION FORMED STAFFCO OF BROOKLYN, LLC ("STAFFCO"), A PROFESSIONAL EMPLOYER ORGANIZATION TO THE STATE UNIVERSITY OF NY HEALTH SCIENCE CENTER AT BROOKLYN, INC. STAFFCO IS A STAFF LEASING COMPANY THAT PROVIDED PAYROLL AND FRINGE BENEFIT SERVICES TO OVER 2,000 EMPLOYEES DURING FISCAL YEAR 2013 OF THE LONG ISLAND COLLEGE HOSPITAL ("LICH"), AN ENTITY OWNED BY SUNY DOWNSTATE MEDICAL CENTER. 154811 THE HEALTH SCIENCE CENTER AT BROOKLYN FOUNDATION HOLDS SEVERAL MEDICAL AND SCIENTIFIC SYMPOSIUMS AND CONFERENCES ON CAMPUS. THESE CONFERENCES ARE OPEN TO THE PUBLIC AS WELL AS TO THE MEMBERS OF THE MEDICAL AND SCIENTIFIC COMMUNITY. IN ADDITION, THE FOUNDATION PROVIDES SUPPORT TO THE FACULTY WHO ARE INVITED AS SPEAKERS FOR SYMPOSIUMS AND CONFERENCES THAT ARE HELD OFF-CAMPUS, AND FOR PROFESSIONAL MEETINGS. THE FOUNDATION ALSO PROVIDES SUPPORT FOR PROFESSIONAL PROGRAMS AND EXAMS THAT WILL FURTHER THE DEVELOPMENT OF THE MEDICAL FACULTY.THE FOUNDATION PROVIDES SUPPORT TO SEVERAL COMMUNITY, DEPARTMENT AND CENTER-WIDE PROGRAMS. SOME OF THOSE PROGRAMS ARE: BROOKLYN FREE CLINIC; THE CHILDREN'S CENTER AT BROOKLYN; CARIBBEAN-AMERICAN CHAMBER OF COMMERCE; BROOKLYN ENDOVASCULAR TRAINING; GENERAL SUPPORT FOR COMMUNITY SUPPORT; INFANT AND CHILD LEARNING CENTER; THE ARTHUR ASHE INSTITUTE; LIPID AND VASCULAR BIOLOGY AND MANY MORE PROGRAMS. 154811 95382446 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 75 0 2128 1 0 0 0 0 0 0 0 0 0 0 X 8 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X SHEILA DUFFY 7182703148 450 CLARKSON AVENUE BROOKLYN NY 11203 DR JOHN C LAROSA 1.00 36.50 X X 0 357480 38720 PAUL DAVIS 5.00 32.50 X X 0 204476 16658 IAN L TAYOR MD 0.30 37.20 X 0 584251 27468 JOAN BARTOLOMEO 0.10 X 0 0 0 FRANCI SCHARF 10.00 27.50 X X 0 148565 27537 ALAN JEFFREY ROSEN 10.00 27.50 X X 0 136488 17714 ALAN DZIJA 5.00 32.50 X X 0 293513 0 JOANNE BRADLEY 1.00 36.50 X 0 283294 42881 FRANK LUCENTE 0.10 37.40 X 0 481737 44634 MARK STEWART 0.10 37.40 X 0 217401 36303 JOHN F WILLIAMS JR 0.10 X 0 0 0 JOHN BYRNE 37.50 X 311763 0 30451 CATHERINE GALLOGLY 37.50 X 211450 0 28373 GLORIA RAMNANAN 37.50 X 208378 0 0 MIRLANDE PHILISTIN 37.50 X 207210 0 0 BERNARD ELLISON 37.50 X 204800 0 4636 1143601 2707205 315375 261 0 1 0 CLIFTON BUDD & DEMARIA LLP 420 LEXINGTON AVE NEW YORK NY 10170 LABOR/EMPLOYMENT CONSULTANT 358485 WORKLAB CONSULTANT 1332 11TH AVENUE SE CALGARY CA CURRICULUM RENEWAL PROGRAM 186200 CONSULTING SERVICES GROUP 6075 POPULAR AVENUE MEMPHIS TN 38119 INVESTMENT CONSULTANT 133140 3 1100433 1100433 STAFFING SERVICE 900099 87943487 87943487 CLINICAL PRACTICE PROGRAM 900099 2042419 2042419 89985906 2297845 2297845 90455 0 90455 90455 90455 BAD DEBT RECOVERY 900099 455724 455724 PARKING LOT FEES 900099 179291 179291 635015 94109654 89985906 0 3023315 152227 152227 60050328 60050328 5398974 5398974 11804493 11804493 6414542 6414542 475445 475445 23200 23200 2167808 2167808 27612 27612 59267 23206 36061 256279 256279 1238472 1210900 27572 119295 119295 115070 115070 1094304 1094304 1047440 905249 142191 PURCHASED SERVICES 1748690 1748690 COLLEGE OF MEDICINE SUP 1734491 1734491 ACADEMIC PROGRAM SUPPOR 1150381 1150381 GENERAL ADMINISTRATION 350785 350785 539083 509952 29131 95968186 95382446 585740 0 2707141 1832899 13153245 12990343 6844440 6262664 12330709 6023924 1814323 1504889 3690093 1483487 43137433 7624590 33092727 35512843 57280774 68462245 14775211 15698158 739335 729641 1205467 1158015 147633465 151659108 15126138 13753168 18588 18588 17593412 17436844 8663609 8663610 41401747 39872210 X 64015677 67960888 17056482 18344809 25159559 25481201 106231718 111786898 147633465 151659108 X -1858532 7099348 314364 X 0 0 0 X 38471971 3612078 12922070 2685419 1100433 58791971 38471971 3612078 12922070 2685419 1100433 58791971 58791971 2134325 2856487 3488937 3411603 2388300 14279652 194475 187575 488335 180067 635015 1685467 74757090 290592764 0.78640 0.80430 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: PARKING LOT FEES - 2008 AMOUNT: $ 194,475. 2009 AMOUNT: $ 187,575. 2010 AMOUNT: $ 180,655. 2011 AMOUNT: $ 180,067. 2012 AMOUNT: $ 179,291. MISCELLANEOUS FEES - 2010 AMOUNT: $ 307,680. BAD DEBT RECOVERY - 2012 AMOUNT: $ 455,724. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12935839 12935839 13695477 10000 2664428 3434066 12935839 13654470 98000 14025658 14082651 13695477 11969565 812985 875199 3279 13654470 13500901 588594 -2043160 76770 11969565 1.00000 1 0 6312318 6312318 36336870 7205281 29131589 61207 61207 0 427038 358102 68936 35512843 BENEFICIAL INTEREST IN PERPETUAL TRUST 10000976 F ALTERNATIVE INVESTMENTS 5697182 F 15698158 ANNUITY OBLIGATIONS 82585 DUE TO SUNY DOWNSTATE 2097503 FUNDING ADVANCES PAYABLE 6483522 8663610 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUND WAS SET UP TO PROVIDE SCHOLARSHIPS, FELLOWSHIPS, AWARDS, AND RESEARCH PROFESSORSHIPS. THE ORGANIZATION AWARDS VARIOUS STUDENTS, AND PROFESSORS MONEY TO COMPLETE OR FURTHER THEIR STUDIES. IN ADDITION, THE ENDOWMENT FUND PROVIDES SUPPORT TO THE UNIVERSITY HOSPITAL IN ORDER FOR IT TO MEET ITS MISSION. CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 5697182 0 0 0 0 0 0 5697182 0 5697182 0 0 1 0 0 0 1 SCHOLARSHIPS, INTERNSHIPS, FELLOWSHIPS, AND AWARDS TO HELP STUDENTS FURTHER THEIR EDUCATION. 80 152227 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: IN ORDER TO MONITOR THE USE OF SCHOLARSHIPS AND FELLOWSHIPS, THE ORGANIZATION REQUIRES EVERY ELIGIBLE PERSON TO FILL OUT AND SUBMIT AN APPLICATION. THE ORGANIZATION THEN REVIEWS THE SUBMITTED APPLICATION, AND DETERMINES WHICH APPLICANTS WILL BE RECEIVING THE SCHOLARSHIP OR FELLOWSHIPS. FOR AN APPLICANT TO RECEIVE A FELLOWSHIP AWARD, THEY MUST SUBMIT A FORM SIGNED BY THEIR SPONSOR. ONCE THE ORGANIZATION RECEIVES THAT FORM, THE APPLICANT WILL RECEIVE THE FIRST HALF OF THE STIPEND AWARDED TO THEM. IN ORDER TO RECEIVE THE SECOND HALF OF THEIR STIPEND, THEY WILL NEED TO SUBMIT A PROGRESS REPORT TO THE ALUMNI OFFICE WITHIN 2 MONTHS AFTER THE COMPLETION OF THEIR PROJECT. THE SCHOLARSHIPS ARE AWARDED TO ELIGIBLE, CURRENT STUDENTS OF THE COLLEGE OF MEDICINE. THE MONEY MAY BE USED FOR TUITION, ROOM AND BOARD OR ANY OTHER EDUCATIONAL EXPENSES. 0 0 0 0 0 0 0 0 0 DR JOHN C LAROSA 0 357480 0 0 0 0 0 31850 0 6870 0 396200 0 0 PAUL DAVIS 0 204476 0 0 0 0 0 16358 0 300 0 221134 0 0 IAN L TAYOR MD 0 584251 0 0 0 0 0 20000 0 7468 0 611719 0 0 FRANCI SCHARF 0 148565 0 0 0 0 0 19908 0 7629 0 176102 0 0 ALAN JEFFREY ROSEN 0 136488 0 0 0 0 0 11088 0 6626 0 154202 0 0 ALAN DZIJA 0 293513 0 0 0 0 0 0 0 0 0 293513 0 0 JOANNE BRADLEY 0 283294 0 0 0 0 0 36255 0 6626 0 326175 0 0 FRANK LUCENTE 0 481737 0 0 0 0 0 37005 0 7629 0 526371 0 0 MARK STEWART 0 217401 0 0 0 0 0 28674 0 7629 0 253704 0 0 JOHN BYRNE 277388 0 34375 0 0 0 21000 0 9451 0 342214 0 0 0 CATHERINE GALLOGLY 186450 0 25000 0 0 0 14648 0 13725 0 239823 0 0 0 GLORIA RAMNANAN 208378 0 0 0 0 0 0 0 0 0 208378 0 0 0 MIRLANDE PHILISTIN 207210 0 0 0 0 0 0 0 0 0 207210 0 0 0 BERNARD ELLISON 204800 0 0 0 0 0 4636 0 0 0 209436 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE HEALTH SCIENCE CENTER AT BROOKLYN 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 PRESENTED TO BOARD MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND 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 ONCE A YEAR A LIST OF VENDORS THAT PROVIDE SERVICES FOR HSCB FOUNDATION IS SENT WITH A "CONFLICT OF INTEREST COMPLIANCE" LETTER WHICH EACH DIRECTOR AND OFFICER MUST SIGN, DISCLOSING ANY FAMILY OR BUSINESS RELATIONSHIP, AND IF THERE IS ANY RELATIONSHIP, AN EXPLANATION MUST BE INCLUDED. THE BOARD OF DIRECTORS WILL DETERMINE IF ANY OF THE INFORMATION DISCLOSED WILL RESULT IN A CONFLICT. IF THE BOARD DETERMINES THAT A CONFLICT EXISTS, THEN THAT DIRECTOR/OFFICER SHALL ABSTAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 THE EXEMPT ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, FORM 990 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT 450 CLARKSON AVE, BOX 1219, BROOKLYN, NY 11203 OR BY CALLING THE ORGANIZATION DIRECTLY AT (718)270-3148. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: INCREASE IN VALUE OF BENEFICIAL INTERST IN PERPETUAL TRUSTS 314,364. STAFFCO OF BROOKLYN LLC 450 CLARKSON AVE 1280 BROOKLYN NY 11203 112418771 PROVIDE PROFESSIONAL AND NON-PROFESSIONAL STAFFING NY 87943487 19306194 THE HEALTH SCIENCE CENTER AT BROOKLYN FOUNDATION SUNY HEALTH SCIENCE CENTER AT BROOKLYN DBA SUNY DOWNSTATE MEDICAL CENTER 450 CLARKSON AVENUE BROOKLYN NY 11203 146013200 FOUR-YEAR COLLEGE NY N/A 0 FACULTY STUDENT ASSOCIATION OF DOWNSTATE MEDICAL CENTER INC 450 CLARKSON AVENUE BOX 1219 BROOKLYN NY 11203 111704590 PROVIDES EDUCATIONALLY RELATED AUXILIARY SERVICES TO SUNY DOWNSTATE NY 501(C)3 9 SUNY HEALTH SCIENCE CENTER AT BROOKLYN DBA SUNY DOWNSTATE MEDICAL CENTER 0 UNIVERSITY PHYSICIANS OF BROOKLYN INC 450 CLARKSON AVENUE MSC 80 BROOKLYN NY 11203 113190652 TO PROVIDE MEDICAL CARE AND SUPPORT SUNY HEALTH SCIENCE CENTER NY 501(C)3 9 SUNY HEALTH SCIENCE CENTER AT BROOKLYN DBA SUNY DOWNSTATE MEDICAL CENTER 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0