2014-02-06T15:42:13-07:00 2013-06-30 160765486 Lumsden & McCormick LLP 369 Franklin Street Buffalo NY 14202 990 2012-07-01 161613963 WNED FOUNDATION INC WNED 7168457000 PO Box 1263 Buffalo NY 14240 Nancy Hammond 7168457000 2014-02-14 1 Michael J Grimaldi P01295846 7168563300 2014-02-14 2012 2015-11-30 17:44:51Z Nancy A Hammond PO Box 1263 Buffalo NY 14240 3547054 0 X www.wnedfoundation.org X 2002 NY The WNED Foundation, Inc. helps further the mission of Western New York Pubic Broadcasting Association. 8 7 0 7 0 0 565503 13666 0 0 1183119 1379893 0 0 1748622 1393559 1450000 1864136 0 0 0 0 0 0 0 389263 355085 1839263 2219221 -90641 -825662 26650185 25948126 1957469 2054263 24692716 23893863 The WNED Foundation, Inc., exists to benefit and enhance the high quality programming and services provided by the Western New York Public Broadcasting Association. Thus, benefactors are essential in helping us to enlighten, inspire, entertain and educate people of all ages and backgrounds throughout Western New York and Southern Ontario. 0 0 1891844 1864136 0 The Foundation's activities consist of building, investing, and managing one or more funds for the benefit of Western New York Public Broadcasting Association and providing financial support for its operations and activities. 0 0 0 1891844 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 NY X X X Nancy A Hammond 7168457000 140 Lower Terrace Buffalo NY 14202 Fred R Dentinger 1 0 X X 0 0 0 Sue M Wardynski 1 0 X X 0 0 0 Mary Ann Lauricella 1 0 X X 0 0 0 Robert M Greene 1 0 X X 0 0 0 Donald K Boswell 1 0 X 0 284675 72503 Kevin T Keane 1 0 X 0 0 0 John D Reinhold 1 0 X 0 0 0 Dennis Penman 1 0 X 0 0 0 Michael G Sutton 1 0 X 0 163187 38337 0 447862 110840 0 0 1 0 NEPC LLC PO Box 83261 Woburn MA 01813 Investment Advisor 109197 1 0 0 0 0 0 13666 0 13666 0 744189 0 0 744189 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2789199 0 2153495 0 635704 0 635704 0 0 635704 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1393559 0 0 1379893 1864136 1864136 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 277134 0 277134 0 3675 0 3675 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 44626 0 44626 0 0 0 0 0 27708 27708 0 0 0 0 0 0 Miscellaneous 1942 0 1942 0 2219221 1891844 327377 0 41340 117648 500364 121819 230781 0 0 0 0 0 0 0 2596000 2061864 0 0 0 0 849349 208855 668202 640494 3462260 3485915 18403823 18725853 0 0 0 0 747415 794533 26650185 25948126 3469 100263 0 0 0 0 0 0 0 0 0 0 1954000 1954000 0 0 0 0 1957469 2054263 X 24454091 23650246 31125 36117 207500 207500 24692716 23893863 26650185 25948126 X -825662 26809 0 0 0 0 X 0 1 X 1 0 X X 0 0 0 Western New York Public Broadcasting Association 160834459 7 1 1 1 1864136 1 1864136 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 238625 0 4992 0 0 0 243617 0 207500 31125 0 0 0 238625 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.85 0.15 0 0 0 0 0 0 740811 124516 616295 0 2739 712 2027 0 23091 21596 1495 0 82708 62031 20677 640494 0 0 Mutual Funds 5484098 F Alternative Investments 13241755 F 18725853 0 X 1143234 26809 0 0 0 26809 1116425 277134 0 277134 1393559 1942087 0 0 0 0 0 1942087 277134 0 277134 2219221 SchD_P05_S00_L04 Schedule D, Part V, Line 4 Funds are intended to be used to enhance locally produced public affairs and art programming broadcast on any affiliated television station; advertise, improve sound and signal quality; explore national distribution of locally produced programming and to contribute to overall operating expenses to offset the costs of airtime related to day sponsorships that are run on dates specified in agreement. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The Foundation believes it is not subject to examination by Federal and State taxing authorities for years prior to 2010. 1 Western New York Public Broadcasting Association PO Box 1263 Buffalo NY 14240 160834459 501(c)(3) 1834136 0 Support 1 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The WNED Foundation Inc., keeps accurate records of all transfers of funds to Western New York Public Broadcasting Association. During fiscal year 2013, these transfers totaled $1,864,136, ($1,300,000 Cash Transfer, $564,136 Loan Forgiveness). The Western New York Public Broadcasting Association provides the WNED Foundation with periodic reports on the use of funds. 0 1 0 0 0 0 0 0 0 Donald K Boswell 0 250903 0 32006 0 1766 0 62339 0 10164 0 357178 0 0 Michael G Sutton 0 127687 0 35500 0 0 0 27423 0 10914 0 201524 0 0 SchJ_P01_S00_L04 Schedule J, Part I, Line 4 Western New York Public Broadcasting Association (a related organization) adopted a 457 (F) deferred compensation plan and entered into a participation agreement with Donald K. Boswell, President and CEO. Since 2007 WNYPBA has accrued 193,000 in connection with this plan. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b Draft of Federal returns of the WNED Foundation will be sent to all voting members of the Board of Trustees prior to submission. Questions will be reviewed by tax preparer or Assistant Treasurer. Modification, if necessary, will be made prior to filing. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The Conflict of Interest Policy is distributed annually along with an annual statement that is to be signed by officers, directors, and key employees stating that they have received, understand and comply with the policy. Policy requires any person with a potential conflict to recuse themselves from discussion and voting on the matter. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The WNED Foundation does not have any employees, however the Foundation would follow these best practices should they have any employees. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The audited financial statements and Form 990's are available on the WNED Foundation, Inc. website (www.wnedfoundation.org) and the Guidestar website and upon request. Governing documents are available upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Net unrealized gains on investments Western New York Public Broadcasting Association PO Box 1263 Buffalo NY 14240 160834459 Public Broadcasting NY 501(c)(3) 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 An extension was filed extending the due date of the return to February 15, 2014