2025-03-16T15:18:15-05:00 2024-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 1500 RXR PLAZA WEST TOWER UNIONDALE NY 11556 990 2023-07-01 111904329 THE BROOKLYN COLLEGE FOUNDATION INC BROO 7189515778 2900 BEDFORD AVE INGERSOLL HALL BROOKLYN NY 11210 ANTE BASIC TREASURER 7189515778 2025-02-15 1 1 ELLEN M LABITA CPA P00140777 5167472000 2025-03-07 2023 2025-03-06 01:10:19Z ANTE BASIC 2900 BEDFORD AVE INGERSOLL HALL BROOKLYN NY 11210 73803125 0 X WWW.BROOKLYNCOLLEGEFOUNDATION.ORG X 1958 NY TO ASSIST BROOKLYN COLLEGE BY DEVELOPING AN ONGOING & INCREASING SUPPORT BASE FROM COLLEGE ALUMNI. 27 27 74 27 96262 86198 9849283 11773067 0 0 4681515 7549055 58399 96962 14589197 19419084 6355129 7943496 0 0 1027550 1360438 90099 89979 1287277 1502376 2483882 8975154 11877795 5614043 7541289 124411559 140157520 3771159 3496320 120640400 136661200 X TO GENERATE, ENCOURAGE AND PROMOTE THE EDUCATIONAL PURPOSES OF BROOKLYN COLLEGE OF THE CITY UNIVERSITY OF NEW YORK AND THE EDUCATIONAL WELFARE OF ITS STUDENTS IN THEIR RELATIONS WITH EACH OTHER, THE MEMBERS OF THE FACULTY, THE ALUMNI AND THE COMMUNITY, AND TO THESE ENDS, AND FOR NO OTHER PURPOSES, TO PERFORM ANY AND ALL OF THE FOLLOWING:A. TO PROVIDE SCHOLARSHIPS, FELLOWSHIPS, PRIZES, AND OTHER ASSISTANCE TO WORTHY STUDENTS AND GRADUATES OF SAID COLLEGE FOR AND ON ACCOUNT OF UNDERGRADUATE AND GRADUATE STUDIES.B. TO PROVIDE AWARDS AND PRIZES TO BROOKLYN COLLEGE STUDENTS ALUMNI FACULTY MEMBERS, STAFF MEMBERS, OR OTHER PERSONS FOR OUTSTANDING ACHIEVEMENTS OR SERVICES TO THE COLLEGE, THE COMMUNITY, OR TO THE FURTHERANCE OF HIGHER EDUCATION GENERALLY.C. TO CONTRIBUTE FUNDS FOR THE LIBRARY, THE ACADEMIC DEPARTMENTS, AND THE ADMINISTRATION OF SAID COLLEGE, THE ESTABLISHMENT, MAINTENANCE, BUILDING IMPROVEMENT, OPERATION, AND SUPPORT OF RECREATIONAL ROOMS, PLACES, AND BUILDING. 0 0 9332928 7943496 0 IN FY24, THE BROOKLYN COLLEGE FOUNDATION GRANTED MORE THAN $9.3 MILLION TO BROOKLYN COLLEGE. THIS INCLUDES OVER $4.3 MILLION AWARDED TO STUDENTS IN THE FORM OF SCHOLARSHIPS, AWARDS, AND INTERNSHIPS; AND NEARLY $1,200,000 IN THE FORM OF PROFESSORSHIPS, LECTURESHIPS, AND PROFESSIONAL DEVELOPMENT SUPPORT FOR FACULTY. 9332928 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 0 0 1 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 416 0 74 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AK AL AR CA CO CT FL IL KS KY LA MA MD MI MN NH NJ NY OR RI SC TN UT VA WI WV ME NV ND OH OK WA X BEATRICE GILLING RAYNOR 7189515778 2900 BEDFORD AVE INGERSOLL HALL BROOKLYN NY 11210 X ANTHONY CASTELLANOS CHAIR 2.00 0.00 X X 0 0 0 MARTIN D SASS VICE-CHAIR 1.00 0.00 X X 0 0 0 ANTE BASIC TREASURER 1.00 0.00 X X 0 0 0 STELLA LAGUDIS SECRETARY 1.00 0.00 X X 0 0 0 MICHELLE ANDERSON BOARD MEMBER 1.00 0.00 X 0 0 0 SAMUEL E BELLER BOARD MEMBER 1.00 0.00 X 0 0 0 SARAH BENSON BOARD MEMBER 1.00 0.00 X 0 0 0 DORIS BIEN-AIME BOARD MEMBER 1.00 0.00 X 0 0 0 DON BUCHWALD BOARD MEMBER 1.00 0.00 X 0 0 0 EDWIN H COHEN BOARD MEMBER 1.00 0.00 X 0 0 0 CELIA COSTAS BOARD MEMBER 1.00 0.00 X 0 0 0 IRWIN FEDERMAN BOARD MEMBER 1.00 0.00 X 0 0 0 BERNARD H GARIL BOARD MEMBER 1.00 0.00 X 0 0 0 JULES HAIMOVITZ BOARD MEMBER 1.00 0.00 X 0 0 0 DONALD KRAMER BOARD MEMBER 1.00 0.00 X 0 0 0 FRANK LAVADERA BOARD MEMBER 1.00 0.00 X 0 0 0 DON LEMON BOARD MEMBER 1.00 0.00 X 0 0 0 ARLENE LICHTERMAN BOARD MEMBER 1.00 0.00 X 0 0 0 MARGE MAGNER BOARD MEMBER 1.00 0.00 X 0 0 0 DANIEL MENENDEZ BOARD MEMBER 1.00 0.00 X 0 0 0 FLORENCE COHEN ROSEN BOARD MEMBER 1.00 0.00 X 0 0 0 ZEV ROSENWAKS BOARD MEMBER 1.00 0.00 X 0 0 0 EVAN SILVERSTEIN BOARD MEMBER 1.00 0.00 X 0 0 0 LEONARD TOW BOARD MEMBER 1.00 0.00 X 0 0 0 PAWEL WALZUK BOARD MEMBER 1.00 0.00 X 0 0 0 JOANNE WALDSTREICHER BOARD MEMBER 1.00 0.00 X 0 0 0 RICHARD A WILPON BOARD MEMBER 1.00 0.00 X 0 0 0 CAROL L ZICKLIN BOARD MEMBER 1.00 0.00 X 0 0 0 TODD MICHAEL GALITZ EXECUTIVE DIRECTOR 22.80 0.00 X 0 0 0 ALAN GILBERT CHIEF FINANCIAL OFFICER 7.00 0.00 X 0 0 0 EMILY MOQTADERI MANAGING DIR, CAMPAIGN & LEADERSHIP GIFTS 35.00 0.00 X 199437 0 35022 LUDOVIC LEROY DIRECTOR, STRAT. PARTNERSHIPS & INSTIT. SUPPORT 35.00 0.00 X 140387 0 30057 JOSEPH FODOR ASSOC. DIRECTOR OF RESEARCH 35.00 0.00 X 101961 0 26944 441785 0 92023 3 0 1 0 MARKETING COMMUNICATION RESOURCE INC 4800 E 345TH ST WILLOUGHBY OH 44094 PRINTING & MAIL 156022 BLACKBAUD INC 65 FAIRCHILD ST CHARLESTON SC 29492 SUBSCRIPTION DATABASE 109529 2 11773067 640558 11773067 5652595 5652595 56280501 54384041 1896460 1896460 1896460 K-1 PASSTHROUGH 900099 96262 96262 MISCELLANEOUS 900099 700 700 96962 19419084 0 96262 7549755 7943496 7943496 962534 290537 671997 72290 22407 49883 246368 124285 122083 79246 26100 53146 16505 16505 61125 61125 89979 89979 460970 460970 707036 590405 91262 25369 375871 97683 88940 189248 123527 115883 2572 5072 152115 110657 41458 32737 32737 SUPPLIES 309083 309069 14 MISCELLANEOUS 229078 149900 40136 39042 MAINTENANCE AND REPAIRS 15835 15835 11877795 9332928 1257590 1287277 703305 975585 680470 2607577 4893110 6475145 110632 87275 75738532 88881949 41258030 40101822 1027480 1028167 124411559 140157520 3071671 2828057 699488 668263 3771159 3496320 X 4447734 3905836 116192666 132755364 120640400 136661200 124411559 140157520 X 7541289 8536436 -56925 X 0 1 X 1 0 X 3863134 9796872 7248593 9849283 11773067 42530949 3863134 9796872 7248593 9849283 11773067 42530949 1286647 41244302 1023683 569554 778097 1824595 6562595 10758524 30000 6741 58399 87198 182338 4266 2156 800 700 7922 53479733 0.77120 0.84400 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2019 AMOUNT: $ 4,266. 2020 AMOUNT: $ 2,156. 2021 AMOUNT: $ 800. 2023 AMOUNT: $ 700. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50224399 3854302 2341995 1542317 54878379 48605299 1045771 1881377 1308048 50224399 46760579 1730718 1409185 1295183 48605299 44094979 2220731 1671696 1226827 46760579 43306439 346003 1606636 1164099 44094979 0.00000 0.85000 0.15000 0 0 0 HEDGE FUNDS 18853863 F LIMITED LIABILITY COMPANY 7620959 F LIMITED LIABILITIY PARTNERSHIPS 13627000 F 40101822 ANNUITY OBLIGATIONS 668263 668263 X 28805181 8536436 1367556 9903992 18901189 460970 56925 517895 19419084 12784381 1367556 1367556 11416825 460970 460970 11877795 PART V, LINE 4: BROOKLYN COLLEGE FOUNDATION'S ENDOWMENT FUNDS ARE ESTABLISHED TO PROVIDE (I) SCHOLARSHIPS, FELLOWSHIPS PRIZES, AND OTHER ASSISTANCE TO STUDENTS OF BROOKLYN COLLEGE; (II) AWARDS, PRIZES, AND SUBVENTIONS TO BROOKLYN COLLEGE FACULTY AND STAFF OR OTHER PERSON'S FOR OUTSTANDING ACHIEVEMENTS OR SERVICES TO BROOKLYN COLLEGE, (III) FUNDS FOR THE LIBRARY, ACADEMIC DEPARTMENTS, AND FOR THE ADMINISTRATION OF BROOKLYN COLLEGE, (IV) SUPPORT FOR THE ESTABLISHMENT, MAINTENANCE, BUILDING IMPROVEMENT, OPERATION, AND SUPPORT OF RECREATIONAL ROOMS, PLACES, AND BUILDINGS OF BROOKLYN COLLEGE, AND (V) SUPPORT FOR THE FUNCTIONING AND OPERATION OF THE CURRICULAR AND EXTRA-CURRICULAR ACTIVITIES OF BROOKLYN COLLEGE AND ITS RELATED AND ASSOCIATED AGENCIES. PART X, LINE 2: MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF FASB ASC NO. 740. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 57,612. CHANGE IN VALUE OF BENEFICIAL INTEREST IN REMAINDER TRUST -2,105. CHANGE IN VALUE OF BENEFICIAL INTEREST IN LIFE INSURANCE 1,418. CAYMAN ISLANDS 0 0 INVESTMENTS 21795080 BRITISH VIRGIN ISLANDS 0 0 INVESTMENTS 4090399 LUXEMBORG 0 0 INVESTMENTS 1733003 0 0 0 0 0 0 27618482 0 27618482 0 0 1 1 1 0 SCHEDULE F, PART IV, LINES 3-5: THE ORGANIZATION HAS FOREIGN-DOMICILED INVESTMENTS AND WILL FILE IN YEARS WHERE TRANSFERS EXCEED THE THRESHOLD TO FILE FORM 8865. IT DOES NOT OWN MORE THAN 10% OF ANY INVESTMENTS. THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 8621 AS IT DOES NOT HAVE REPORTABLE UBI FROM CONTROLLED FOREIGN CORPORATIONS. X X X X X X X 1 WILSON-BENNETT TECHNOLOGY INC PO BOX 717 CABOT AR 72023 TELEMARKETING 0 37246 89979 -52733 37246 89979 -52733 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC 1 BROOKLYN COLLEGE 2900 BEDFORD AVENUE BROOKLYN NY 11210 133893536 7943496 0 SCHOLARSHIPS, PROFESSORSHIPS, DEPARTMENTAL SUPPORT 1 0 PART I, LINE 2: THE BROOKLYN COLLEGE FOUNDATION MAINTAINS ALL RESTRICTED FUND AGREEMENTS DESCRIBING THE PURPOSE AND INTENT OF EACH GIFT IT MANAGES. ANY TIME AUTHORIZED PERSONNEL (E.G., SCHOLARSHIPS OFFICE OR ACADEMIC DEPARTMENTS) WANT TO EXPEND MONEY FROM RESTRICTED FUNDS, THEY MUST SUBMIT A PAYMENT REQUEST FORM DETAILING THE PURPOSE OF THE EXPENDITURE FOR THE BROOKLYN COLLEGE FOUNDATION'S REVIEW AND APPROVAL. ALL PAYMENT REQUESTS MUST BE ACCOMPANIED BY ORIGINAL COPIES OF ALL INVOICES/RECEIPTS ASSOCIATED WITH THE EXPENSE. IF THE EXPENDITURE IS IN LINE WITH THE PURPOSE OF THE GIFT, THE BROOKLYN COLLEGE FOUNDATION WILL APPROVE PAYMENT FROM THE GRANT ACCOUNT. IF THE EXPENDITURE IS NOT IN LINE WITH THE PURPOSE OF THE GIFT, THE BROOKLYN COLLEGE FOUNDATION WILL NOT APPROVE PAYMENT. 0 0 0 0 0 0 0 0 0 EMILY MOQTADERI MANAGING DIR, CAMPAIGN & LEADERSHIP 199437 0 0 0 0 0 16341 0 18681 0 234459 0 0 0 LUDOVIC LEROY DIRECTOR, STRAT. PARTNERSHIPS & INST 140387 0 0 0 0 0 11483 0 18574 0 170444 0 0 0 X 5 640558 NYSE 0 0 1 0 PART I, COLUMN (B): THE NUMBER ON PART I, COLUMN B REPRESENTS NUMBER OF DONORS. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT COPY OF THE 990 WAS REVIEWED INTERNALLY. IT IS THEN REVIEWED BY THE AUDIT COMMITTEE. THE AUDIT AND FINANCE COMMITTEE BEARS RESPONSIBILITY FOR REVIEW OF THE DOCUMENT. A RECOMMENDATION IS THEN MADE TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR APPROVAL OF THE DOCUMENT FOR SUBMISSION. THE FINAL COPY OF 990 WAS DISTRIBUTED TO THE BOARD PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE ORGANIZATION REQUIRES ALL BOARD TRUSTEES TO REVIEW THE CONFLICT OF INTEREST POLICY DISCLOSE IF APPLICABLE AND ATTEST TO THE VERACITY OF THAT DISCLOSURE WITH A SIGNATURE. IF AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY CIRCUMSTANCES THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. IF A CONFLICT EXISTS THE PERSON IS RECUSED FROM VOTING ON SAID MOTIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL DOCUMENTS ARE REGULARLY POSTED ON THE BROOKLYN COLLEGE FOUNDATION WEBSITE AT BROOKLYNCOLLEGEFOUNDATION.ORG. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -57,612. CHANGE IN VALUE OF BENEFICIAL INTEREST IN REMAINDER TRUST 2,105. CHANGE IN VALUE OF BENEFICIAL INTEREST IN LIFE INSURANCE -1,418.