2012-10-18T14:37:35-05:00 2011-12-31 113518842 MARKS PANETH & SHRON LLP 622 THIRD AVENUE NEW YORK NY 10017 990 2011-01-01 135562220 FEDERATION OF PROTESTANT WELFARE AGENCIES INC FEDE 2127774800 281 PARK AVENUE SOUTH NEW YORK NY 100106102 FATIMA L GOLDMAN 2127774800 2012-10-18 1 ROBERT LYONS P00227472 2125038800 2011 2016-02-24 21:20:13Z FATIMA L GOLDMAN 281 PARK AVENUE SOUTH NEW YORK NY 100106102 8306705 0 X WWW.FPWA.ORG X 1922 NY FPWA PROMOTES THE SOCIAL AND ECONOMIC WELL-BEING OF GREATER NEW YORK'S MOST VULNERABLE BY STRENGTHENING HUMAN SERVICE ORGANIZATIONS AND ADVOCATING FOR JUST PUBLIC POLICIES. THE ORGANIZATION'S NETWORK OF HUMAN SERVICE AGENCIES AND CHURCHES OPERATE OVER 1,100 PROGRAMS IN NEIGHBORHOODS THROUGHOUT THE FIVE BOROUGHS OF NEW YORK CITY AND BEYOND. THEY INCLUDE DAY CARE CENTERS, SOUP KITCHENS, AFTER SCHOOL AND YOUTH SERVICES, FOSTER CARE AGENCIES, SENIOR CENTERS AND COMMUNITY HEALTH PROGRAMS. TOGETHER WE SERVE OVER 1.5 MILLION LOW-INCOME NEW YORKERS OF ALL AGES, ETHNICITIES AND RELIGIONS EACH YEAR. SINCE 1922, THE ORGANIZATION HAS HELPED STRENGTHEN ITS MEMBERS BY PROVIDING CRITICAL RESOURCES, MANAGEMENT AND POLICY ASSISTANCE. 26 26 62 0 0 0 2868510 2161314 333817 331298 1235655 1168257 -51349 -40391 4386633 3620478 1018382 772411 0 0 3903636 3362537 0 0 536664 1203361 1278580 6125379 5413528 -1738746 -1793050 43382228 37761138 5969832 6896710 37412396 30864428 X THE FEDERATION OF PROTESTANT WELFARE AGENCIES PROMOTES THE SOCIAL AND ECONOMIC WELL-BEING OF GREATER NEW YORK'S MOST VULNERABLE BY STRENGTHENING HUMAN SERVICE ORGANIZATIONS AND ADVOCATING FOR JUST PUBLIC POLICIES. 0 0 2847870 772411 331298 MEMBER FAITH BASED SERVICES: PROVIDES MANAGEMENT AND CLIENT SUPPORT FOR SOCIAL SERVICE AGENCIES SERVING VULNERABLE POPULATIONS. SERVICES INCLUDE MANAGEMENT ASSISTANCE, GROUP PURCHASING SERVICES AND DISCOUNTS, CASE ASSESSMENT AND REFERRAL SERVICES THROUGH TRAINING, STAFF AND BOARD CANDIDATE TRAINING, VOLUNTEERING, RECRUITMENT AND PLACEMENT, INCLUDING BOARD MEMBERS, ORGANIZATION OF CORPORATE SERVICES PROJECTS, FINANCIAL ASSISTANCE TO NEW YORKERS IN CRISIS TO AVOID EVICTION, LOSS OF UTILITIES OR TO MEET BASIC NEEDS, DISTRIBUTION OF CLOTHES AND OTHER ITEMS TO MEMBER AGENCIES AND CHURCHES FOR THEIR CLIENTS, FINANCIAL ASSISTANCE FOR CAMPS SERVING LOW-INCOME CHILDREN, COLLEGE SCHOLARSHIPS FOR LOW INCOME STUDENTS, AND PRODUCTION OF ANNUAL CONFERENCE. CLIENTS IN NEED: EMERGENCY FOOD ASSISTANCE FOR CHURCHES OPERATING FOOD PANTRIES AND SOUP KITCHENS IN UNDERSERVED NEIGHBORHOODS, FAITH BASED ADVOCACY TRAINING: FACILITATE NETWORKING BETWEEN FAITH BASED ORGANIZATIONS, OTHER COMMUNITY BASED ORGANIZATIONS, CIVIC AGENCIES AND GOVERNMENT INSTITUTIONS TO ACT COLLABORATIVELY IN RESPONSE TO PUBLIC NEEDS. 932030 POLICY ADVOCACY AND RESEARCH: PROVIDES ADVOCACY AND LEGISLATIVE ASSISTANCE TO MEMBER AGENCIES THROUGH POLICY BRIEFINGS AND ADVOCACY ALERTS, HELPING THEM TAKE ACTION ON CITY AND STATE BUDGET AND POLICIES CRITICAL TO THEIR SERVICES AND CLIENTS. THROUGH ADVOCACY, WE ARE ABLE TO SHORE UP FUNDS FOR NEW YORK CITYS EMERGENCY FOOD ASSISTANCE PROGRAM AND YOUTH SERVICES PROGRAMS. EFFORTS ALSO INCLUDE PUBLIC EDUCATION FORUMS, PUBLISHING POLICY BRIEFINGS AND REPORTS, PARTICIPATING IN COALITIONS AND MEMBER NETWORKING EVENTS. 3779900 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 74 0 1 62 1 1 1 1 CJ 0 0 0 1 1 0 0 0 0 X 26 26 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY AL CO CT FL NJ PA RI SC X MICHAEL LEWIS 2128011342 281 PARK AVENUE SOUTH NEW YORK NY 10010 STEPHEN J STOREN 0.80 X X 0 0 0 CRAIG C MACKAY 0.40 X X 0 0 0 DANA HISCOCK 0.70 X X 0 0 0 MARK PISZKO 0.80 X X 0 0 0 JOHN MCCSHANNON 0.50 X X 0 0 0 ANGELA EIREF 0.50 X X 0 0 0 RAMONA BOSTON 0.20 X 0 0 0 ROBERT S BRIDGES JR 0.30 X 0 0 0 VIRGINIA J CHENG 0.10 X 0 0 0 DONALD FELIX 0.70 X 0 0 0 CONRAD FOA 0.40 X 0 0 0 MARSHALL M GREEN 0.00 X 0 0 0 THOMAS P GRISSOM JR 0.20 X 0 0 0 WENDY A TEMPRO VAN AMSON 0.50 X 0 0 0 SIDNEY HOLT 0.00 X 0 0 0 JULIA HOTTON 0.20 X 0 0 0 PETER C KORNMAN 0.50 X 0 0 0 MARY L LAMBERT 0.30 X 0 0 0 JAMES W MARCH 0.60 X 0 0 0 BRUCE J MCCOWAN 0.20 X 0 0 0 VALERIE A REARDON 0.40 X 0 0 0 WENDY SCHRIJVER 0.10 X 0 0 0 ELLSWORTH G STANTON III 0.80 X 0 0 0 PHOEBE R STANTON 0.30 X 0 0 0 FRED WEINTZ JR 0.10 X 0 0 0 SIDNEY WITTER-DAIRE 0.20 X 0 0 0 JENNIFER JONES AUSTIN 0.00 X 0 0 0 SANDERS DAVIES 0.00 X 0 0 0 THOMAS F PIKE 0.00 X 0 0 0 FATIMA L GOLDMAN 38.00 X 225988 0 41264 EDMUND M MOORE 40.00 X 168196 0 23266 MICHAEL LEWIS 40.00 X 114767 0 26533 JOEL GIBSON 40.00 X 106742 0 23350 615693 0 114413 4 0 1 0 CAMBRIDGE ASSOCIATES LLC 100 SUMMER STREET BOSTON MA 02110 INVESTMENT CONSULTING FEES 152383 1 122811 339744 1698759 2161314 SERVICE FEES 541900 243598 243598 MEMBERSHIP FEES 900099 87700 87700 331298 1069592 1069592 350863 413326 -62463 -62463 -62463 4336366 4237701 98665 98665 98665 37430 122811 35200 2230 2230 OTHER INCOME 900099 19842 19842 19842 3620478 331298 0 1127866 126643 126643 645768 645768 600014 292039 218225 89750 1769923 1460149 152309 157465 225431 172125 35501 17805 477442 344393 87878 45171 289727 203888 57915 27924 43596 43596 40000 40000 42750 42750 233452 233452 226564 36030 100617 89917 32790 23331 5820 3639 143403 107897 20729 14777 7156 6396 499 261 20009 10362 6845 2802 44485 33471 6430 4584 209584 157692 30295 21597 40264 30295 5820 4149 OFFICE EQUIPMENT EXP 70427 53061 10138 7228 SPECIAL PROJECTS 66621 30361 36260 TELEPHONE 23331 17555 3372 2404 EVENT EXPENSES 11576 4302 109 7165 22572 11753 7053 3766 5413528 3779900 1096964 536664 335305 351055 213847 325868 6243 6520 91090 138903 727822 562844 9475957 5706373 4058180 3769584 15139842 12358795 9321699 8032951 13488200 12214618 43382228 37761138 269232 415210 3565000 3305000 2135600 3176500 5969832 6896710 X 16687439 13268205 2177977 324696 18546980 17271527 37412396 30864428 43382228 37761138 X -1793050 -4754918 X X 0 1 1 X 0 X 2312008 4609374 2521418 2868510 2161314 14472624 2312008 4609374 2521418 2868510 2161314 14472624 99755 14372869 2409074 1840600 1431782 1219625 1069592 7970673 11225 12010 6665 19207 19842 68949 22512246 679825 0.63840 0.63730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8764 48266 57030 5399248 5456278 422814 105704 0 0 441422 447628 456269 422814 1768133 2652200 54708 52500 54232 57030 218470 110356 111907 114067 105704 442034 663051 35560 6218 8764 50542 35918998 -2096659 3656061 30166278 34673452 3350420 2104874 35918998 31513512 5291915 2131975 34673452 45552669 48357 -12708814 1378700 31513512 0.43660 0.56040 0.00300 0 0 249253 249253 5427693 3728180 1699513 3014785 1225358 1789427 784226 752835 31391 3769584 ALTERNATIVE INVESTMENTS 8032951 F 8032951 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 12148567 BENEFICIAL INTEREST IN POOLED INCOME FUND 45068 ACCRUED INTEREST RECEIVABLES 20983 12214618 ACCRUED POSTRETIREMENT PAYABLE 3176500 3176500 3620478 5413528 -1793050 -821206 -3933712 -4754918 -6547968 8896904 821206 72982 4382238 5276426 3620478 0 3620478 5701584 72982 448526 521508 5180076 233452 233452 5413528 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT NET ASSETS CONSISTS OF PERMANENTLY RESTRICTED, BOARD DESIGNATED, AND TEMPORARILY RESTRICTED FUNDS. THE PERMANENTLY RESTRICTED NET ASSETS ARE FOR THE ESTABLISHMENT OF AN ENDOWMENT FUND. THE EARNINGS FROM PERMANENTLY RESTRICTED ENDOWMENT SHALL BE USED TO FUND FEDERATION'S PROGRAM ACTIVITIES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: FIN 48 DISCLOSURE: FPWA HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2011 AND 2010 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. FPWA IS NO LONGER SUBJECT TO FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDED BEFORE 2008. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS -1,273,719. CHANGE IN VALUE OF POOLED LIFE INCOME FUND -1,734. PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COSTS 1,849,947. LOSS DUE TO SETTLEMENT OF PENSION PLAN -3,650,206. POSTRETIREMENT RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT COST -858,000. TOTAL TO SCHEDULE D, PART XI, LINE 8: -3,933,712. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 1,273,719. CHANGE IN VALUE OF POOLED LIFE INCOME FUND 1,734. PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COST -1,849,947. LOSS DUE TO SETTLEMENT OF PENSION PLAN 3,650,206. POSTRETIREMENT RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT COST 858,000. SPECIAL EVENT DIRECT EXPENSES 35,200. RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 413,326. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES NETTED AGAINST RENTAL INCOME 413,326. SPECIAL EVENT DIRECT EXPENSES 35,200. FALL BENEFIT HARVEST BALL 160241 122811 37430 31470 2100 160241 122811 37430 31470 2100 33570 3860 1 LEAKE & WATTS SERVICES INC 463 HAWTHORNE AVE YONKERS NY 10705 131860451 501(C)(3) 20000 TO FULFILL ESSENTIAL NEEDS,SUCH AS FURNITURE PURCHASES,RENT AND UTILITIES. NEW ALTERNATIVES FOR CHILDREN 37 W 26TH STREET NEW YORK NY 10010 133149298 501(C)(3) 10000 TO FULFILL ESSENTIAL NEEDS,SUCH AS FURNITURE PURCHASES,RENT AND UTILITIES. SCAN NEW YORK 345 E 102ND STREET NEW YORK NY 10029 132912963 501(C)(3) 20000 TO FULFILL ESSENTIAL NEEDS,SUCH AS FURNITURE PURCHASES,RENT AND UTILITIES. 3 0 SCHOLARSHIPS 7 7000 CAMPERSHIP 15 30000 FINANCIAL ASSISTANCE 223 202606 JARVIE ASSISTANCE 16 11659 DEKAY ASSISTANCE 16 72521 SENIOR CAMPS (2 TRIPS) 2 3296 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THESE AGENCIES RECEIVED FUNDS FOR CLIENTS ONE-TIME ESSENTIAL NEEDS, SUCH AS FURNITURE PURCHASES, TRANSPORTATION, RENT AND UTILITIES. CLEAR GUIDELINES WERE GIVEN IN WRITING AND VERBALLY, AND THROUGH ORIENTATION MEETINGS WITH AGENCY STAFF. FPWA REQUIRED AN INTERIM AND FINAL REPORT, WITH NARRATIVE DESCRIPTIONS OF THE CLIENTS' SITUATIONS, ALONG WITH SUPPORTING DOCUMENTATION. X X X 0 0 0 0 0 0 0 0 0 FATIMA L GOLDMAN 203563 0 0 0 22425 0 30485 0 10779 0 267252 0 0 0 EDMUND M MOORE 141972 0 0 0 26224 0 21194 0 2072 0 191462 0 0 0 X 72982 FAIR MARKET VALUE X TOYS 55 78930 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MARY L. LAMBERT IS THE MOTHER-IN-LAW OF RAMONA BOSTON. PHOEBE R. STANTON IS THE AUNT OF SIDNEY WITTER. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM BASED ON INFORMATION CONTAINED IN THE AUDITED FINANCIAL STATEMENTS AND OTHER INFORMATION PROVIDED BY FEDERATION'S DIRECTOR OF FINANCE. TO ENSURE ACCURACY OF THE INFORMATION REPORTED, THE ORGANIZATION HAS ESTABLISHED A REVIEW PROCESS THAT INCLUDES AN INITIAL REVIEW BY MANAGEMENT, FOLLOWED BY A REVIEW BY A BOARD COMMITTEE INCLUDING THE TREASURER. FOLLOWING THE COMMITTEE'S REVIEW, THE FULL BOARD IS PROVIDED WITH AN ELECTRONIC COPY OR A HARD COPY (FOR THOSE BOARD MEMBERS WITHOUT ELECTRONIC ACCESS), FOR THEIR REVIEW AND COMMENTS. FIVE WORKING DAYS ARE PROVIDED FOR BOARD COMMENTS. COMMENTS ARE CORRELATED, SUMMARIZED AND ADDRESSED BY MANAGEMENT, AND WHERE APPROPRIATE, INCORPORATED INTO THE FINALIZED FORM 990. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY IS CURRENTLY IN PLACE AND IS MONITORED ANNUALLY. EACH YEAR EVERY MEMBER OF THE GOVERNING BODY COMPLETES AND SIGNS A CONFLICT OF INTEREST STATEMENT IN WHICH THEY DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST TO THE ORGANIZATION. IF SUCH CONFLICT OF INTEREST EXISTS, THE BOARD MEMBER MAY NOT VOTE ON MATTERS AS TO WHICH THERE IS A CONFLICT, AND MAY BE REQUIRED TO LEAVE THAT PORTION OF A MEETING THAT CONSIDERS THE MATTER AS TO WHICH THERE IS A CONFLICT. CONFLICTS OF INTEREST ARE DULY NOTED IN ALL NECESSARY REPORTING REQUIREMENTS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES SEVERAL CRITERIA TO DETERMINE THE COMPENSATION OF ITS EXECUTIVE DIRECTOR/CEO. THE BOARD COMPENSATION COMMITTEE GATHERS DATA ABOUT POSITIONS OF COMPARABLE DUTIES AND QUALIFICATIONS IN ORGANIZATIONS OF COMPARABLE ASSET SIZE, MISSION AND GEOGRAPHIC LOCATION. THE ORGANIZATION'S FINANCIAL CONDITION AND ACHIEVEMENT OF ANNUAL GOALS ARE ALSO CONSIDERED IN DETERMINING SALARY AND TOTAL COMPENSATION PACKAGE. THE COMPENSATION COMMITTEE DOCUMENTS THE BASIS FOR ITS RECOMMENDATIONS AND MAINTAINS RECORDS OF ITS COMPENSATION POLICY TO MEET ALL NECESSARY REPORTING REQUIREMENTS. OTHER OFFICERS AND ALL EMPLOYEES' SALARY ARE APPROVED BY THE COO, EXECUTIVE DIRECTOR, AND ANNUALLY AT THE BUDGET COMMITTEE MEETING, WHERE ANNUAL INCREASES ARE FIRST APPROVED. THEN THE EXECUTIVE COMMITTEE APPROVES AND BOARD APPROVES THE BUDGET WHICH INCLUDES THE SALARY INCREASES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -821,206. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS -1,273,719. CHANGE IN VALUE OF POOLED LIFE INCOME FUND -1,734. PENSION RELATED CHANGES OTHER THAN NET PERIODIC PENSION COSTS 1,849,947. LOSS DUE TO SETTLEMENT OF PENSION PLAN -3,650,206. POSTRETIREMENT RELATED CHANGES OTHER THAN NET PERIODIC BENEFIT COST -858,000. TOTAL TO FORM 990, PART XI, LINE 5: -4,754,918. THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT FORM 990, PART XII, LINE 2C: HAS NOT BEEN CHANGED FROM THE PRIOR YEAR.