STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

NEW YORK UNIVERSITY MEDICAL CENTER FOUNDATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
NEW YORK UNIVERSITY MEDICAL CENTER FOUNDATION (EIN 23-7268635)
Tax period
2010-09-01 to 2011-08-31
Filed
2012-07-13
IRS object ID
201241959349300509
Schema version
2010v3.4
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-07-13T08:58:22-05:00Timestamp
Tax Period End Date2011-08-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1ERNST & YOUNG US LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1111 MONUMENT CIRCLE SUITE 2600AddressLine1
CityINDIANPOLISCity
StateINState
ZIP Code46204ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-09-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN237268635EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1NEW YORK UNIVERSITY MEDICAL CENTER FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlNEWYNameControl
Phone2122633092Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1550 FIRST AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10016ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMICHAEL T BURKEName
TitleTREASURERTitle
Phone2122633092Phone
Date Signed2012-07-13DateSigned
Authorize Third Party0AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameANGELA MOOREName
Phone3176817000Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonMICHAEL T BURKENameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1550 FIRST AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10016ZIPCode
FieldValueIRS element (for citing)
Gross Receipts839537GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1999YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionTO SUPPORT THE MISSION AND PROGRAMS OF THE NYU SCHOOL OF MEDICINE AND NYU HOSPITALS CENTER.ActivityOrMissionDescription
Nbr Voting Members Governing Body10NbrVotingMembersGoverningBody
Nbr Independent Voting Members2NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year187143ContributionsGrantsPriorYear
Contributions Grants Current Year252142ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year588094InvestmentIncomePriorYear
Investment Income Current Year587395InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year775237TotalRevenuePriorYear
Total Revenue Current Year839537TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year773806GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY839537GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year0OtherExpensePriorYear
Other Expenses Current Year0OtherExpensesCurrentYear
Total Expenses Prior Year773806TotalExpensesPriorYear
Total Expenses Current Year839537TotalExpensesCurrentYear
Revenues Less Expenses Prior Year1431RevenuesLessExpensesPriorYear
Revenues Less Expenses CY0RevenuesLessExpensesCY
Total Assets BOY10564807TotalAssetsBOY
Total Assets EOY11458543TotalAssetsEOY
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY10564807NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY11458543NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionTHE PROMOTION, ENCOURAGEMENT, AND SPONSORSHIP OF STUDY, RESEARCH, AND OTHER EDUCATIONAL ACTIVITIES IN THE AREA OF SCIENCES AND THE PRACTICE OF MEDICINE BY CONDUCTING AND SUPPORTING ACTIVITIES FOR THE BENEFIT OF, PROMOTING THE FUNCTIONS OF, OR CARRYING OUT THE PURPOSES OF NEW YORK UNIVERSITY SCHOOL OF MEDICINE AND NYU HOSPITALS CENTER.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense839537Expense
Grants839537Grants
DescriptionGRANTS TO PROMOTE, ENCOURAGE, AND SPONSOR THE STUDY, RESEARCH, AND OTHER EDUCATIONAL ACTIVITIES IN THE AREA OF SCIENCES AND THE PRACTICE OF MEDICINE AT THE NEW YORK UNIVERSITY SCHOOL OF MEDICINE.Description
Total Program Service Expense839537TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Report Land Bldg Equip0ReportLandBldgEquip
Report Invest Oth Securities1ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities0ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity1RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members10NbrVotingGoverningBodyMembers
Number Independent Voting Members2NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders1MembersOrStockholders
Election Of Board Members1ElectionOfBoardMembers
Decisions Subject To Approval1DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees0MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy0ConflictOfInterestPolicy
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1MICHAEL T BURKE TREASURERBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number2122633092TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1550 FIRST AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10016ZIPCode
FieldValueIRS element (for citing)
Info In Schedule O Part VIIXInfoInScheduleOPartVII

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
THOMAS S MURPHY
CHAIR1.00XX000
E JOHN ROSENWALD
TRUSTEE1.00X000
MICHAEL C ALFANO DMD PHD
EX-OFFICIO1.00X056248345377
ROBERT BERNE PHD
EX-OFFICIO1.00X084582634761
ROBERT I GROSSMAN MD
PRESIDENT1.00XX02972780516180
DAVID W MCLAUGHLIN
EX-OFFICIO1.00X056378534759
JOHN E SEXTON
EX-OFFICIO1.00X01307650168975
MICHAEL T BURKE
TREASURER1.00XX092074839312
ANNETTE JOHNSON JD
SECRETARY1.00XX057776511808
BONNIE BRIER
EX-OFFICIO1.00X056173935988
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs8312776TotalReportableCompFrmRltdOrgs
Total Other Compensation887160TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K
All Other Contributions252142AllOtherContributions
Total Contributions252142TotalContributions

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column587395TotalRevenueColumn
Exclusion$587,395ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column839537TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$587,395ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total839537Total
Program Services839537ProgramServices

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total839537Total
Program Services839537ProgramServices
Management And General0ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY6087BOY
EOY6087EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY5701709BOY
EOY6413375EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY4857011BOY
EOY5039081EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY10564807BOY
EOY11458543EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY2395288BOY
EOY2598035EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY8169519BOY
EOY8860508EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY10564807BOY
EOY11458543EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY10564807BOY
EOY11458543EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses0ReconcilationRevenueExpenses
Reconcilation Other Changes893736ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3XSupportingOrganization509a3
Supporting Org509a3 Type1XSupportingOrg509a3Type1
Contrib By Controlling Individual0ContribByControllingIndividual
Contribution By Related Party0ContributionByRelatedParty
Contrib By35 Controlled Entity0ContribBy35ControlledEntity

Supported Org Information SupportedOrgInformation (2 entries)

EINEINType Of OrganizationTypeOfOrganizationListed In Governing DocListedInGoverningDocAmountAmount
NEW YORK UNIVERSITY
13556230821$589,537
NYU HOSPITALS CTR
13397129831$250,000
FieldValueIRS element (for citing)
Total Number Of Supported Orgs2TotalNumberOfSupportedOrgs
Sum Of Amounts839537SumOfAmounts

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance10558720BeginningOfYearBalance
Investment Earnings Or Losses893736InvestmentEarningsOrLosses
End Of Year Balance11452456EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance10322913BeginningOfYearBalance
Investment Earnings Or Losses235807InvestmentEarningsOrLosses
End Of Year Balance10558720EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance12350418BeginningOfYearBalance
Investment Earnings Or Losses-1422851InvestmentEarningsOrLosses
Other Expenditures588094OtherExpenditures
Administrative Expenses16560AdministrativeExpenses
End Of Year Balance10322913EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.22690BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.77310PermanentEndowmentEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs1EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R1AreRelatedOrgsListedScheduleR
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings

Other Securities OtherSecurities

FieldValueIRS element (for citing)
DescriptionLIMITED PARTNERSHIP INTEREST HELD VIA UNIVERSITY ENDOWMENTDescription
Book Value5039081BookValue
Method Of ValuationFMethodOfValuation
FieldValueIRS element (for citing)
Total Of Book Value Securities5039081TotalOfBookValueSecurities
Total Revenue839537TotalRevenue
Total Expenses839537TotalExpenses
Net Unrealized GL On Investments893736NetUnrealizedGLOnInvestments
Total Adjustments893736TotalAdjustments
Excess Or Deficit Per FS893736ExcessOrDeficitPerFS

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

FieldValueIRS element (for citing)
IdentifierDESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:Identifier
Return ReferencePART V, LINE 4:ReturnReference
ExplanationTHE ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE NYU SCHOOL OF MEDICINE AND NYU HOSPITALS CENTER IN A VARIETY OF PURPOSES SUCH AS: PROGRAM SUPPORT, SCHOLARSHIP AND FELLOWSHIPS, AND RESEARCH.Explanation

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained0RecordsMaintained

Recipient Table RecipientTable (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEIN Of RecipientEINOfRecipientIRC SectionIRCSectionAmount Of Cash GrantAmountOfCashGrantPurpose Of GrantPurposeOfGrant
NEW YORK UNIVERSITY
726 BROADWAY 9TH FLOORNEW YORKNY10003135562308501(C)(3)589537SUPPORT ACTIVITIES OF NYU SCHOOL OF MEDICINE.
NYU HOSPITALS CENTER
550 FIRST AVENUENEW YORKNY10016133971298501(C)(3)250000SUPPORT ACTIVITIES OF NYU HOSPITALS CENTER.
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants2TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations0TotalNbrOfOtherOrganizations

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierOTHER INFORMATION:Identifier
Return ReferencePART IV:ReturnReference
ExplanationORGANIZATION'S PROCEDURE FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES: ALL GRANTS WERE MADE TO RELATED TAX-EXEMPT 501(C)(3) ORGANIZATIONS, THEREFORE NO MONITORING OF THE USE OF FUNDS IS REQUIRED.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan1SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
MICHAEL C ALFANO DMD PHD
0562483000003550009877060786000
ROBERT BERNE PHD
08458260000024500010261088058700
ROBERT I GROSSMAN MD
01881536047881206124320501284014896034889600423974
DAVID W MCLAUGHLIN
05637850000024500010259059854400
JOHN E SEXTON
012428060006484401017000672750147662500
MICHAEL T BURKE
0820748075000025000024500014812096006000
ANNETTE JOHNSON JD
04004480177317000736704441058957300
BONNIE BRIER
05617390000024500011488059772700

Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
PART I, LINE 4BROBERT GROSSMAN, MD - DEAN OF NYU SCHOOL OF MEDICINE PARTICIPATED IN A NON-QUALIFIED RETIREMENT PLAN DURING CALENDAR YEAR 2010. THE EMPLOYER CONTRIBUTION TO THIS PLAN WAS $496,584. THIS AMOUNT IS REPORTED AS A SHARED COST BETWEEN NYU HOSPITALS CENTER AND THE NYU SCHOOL OF MEDICINE. THE SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN CONTRIBUTIONS WERE MADE PURSUANT TO A NEGOTIATED AGREEMENT WITH DR. GROSSMAN. NEW YORK UNIVERSITY PRESIDENT JOHN SEXTON IS ENTITLED TO RECEIVE A LENGTH OF SERVICE BONUS ON JANUARY 15, 2015, SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE, EQUAL TO $77,200 TIMES THE NUMBER OF YEARS HE HAS SERVED AS A FULL-TIME MEMBER OF THE NYU SCHOOL OF LAW (INCLUDING HIS SERVICES AS DEAN OF THE SCHOOL OF LAW AND AS PRESIDENT OF THE UNIVERSITY). THE $77,200 ALLOCABLE TO CALENDAR YEAR 2010 IS INCLUDED IN PART II, ABOVE, IN COLUMN C(II). IN ADDITION, COMMENCING ON SEPTEMBER 1, 2011, SUBJECT TO A SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE, PRESIDENT SEXTON WILL BE ENTITLED TO RECEIVE PAYMENTS FOR THE REMAINDER OF HIS LIFE (THE "SERP ANNUAL PAYMENTS") EQUAL TO $800,000 PER YEAR, ADJUSTED BY THE LOCAL CONSUMER PRICE INDEX SINCE SEPTEMBER 1, 2008, REDUCED BY RETIREMENT BENEFITS OTHERWISE PROVIDED BY THE UNIVERSITY. THE OBLIGATION TO MAKE THE SERP ANNUAL PAYMENTS HAS BEEN PREVIOUSLY DESCRIBED ON NEW YORK UNIVERSITY'S FORMS 990. PRESIDENT SEXTON'S SALARY - WHILE PRESIDENT OR IN ANY POST-PRESIDENT EMPLOYMENT WITH NYU - IS REDUCED BY THE SERP ANNUAL PAYMENTS. FOR EXAMPLE, SO LONG AS PRESIDENT SEXTON REMAINS AS PRESIDENT, HE WILL NOT RECEIVE ANY ECONOMIC BENEFIT FROM THE SERP ANNUAL PAYMENTS BECAUSE EVERY DOLLAR HE RECEIVES FROM THE SERP ANNUAL PAYMENTS WILL REDUCE HIS SALARY AS PRESIDENT. NEW YORK UNIVERSITY EXECUTIVE VICE PRESIDENT ALFANO IS ENTITLED TO RECEIVE A LENGTH OF SERVICE BONUS ON JANUARY 15, 2013, SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE, EQUAL TO $11,000 TIMES THE NUMBER OF YEARS HE HAS SERVED AS A FULL-TIME MEMBER OF THE NYU COLLEGE OF DENTISTRY (INCLUDING HIS SERVICES AS DEAN OF THE NYU COLLEGE OF DENTISTRY, A MEMBER OF THE FACULTY OF THE NYU COLLEGE OF DENTISTRY, AND/OR EVP OF NYU). THE $11,000 ALLOCABLE TO CALENDAR YEAR 2010 IS INCLUDED IN PART II, ABOVE, IN COLUMN C (II).
PART IIIFORM 990, SCHEDULE J, PART II, COL. (F): DR. GROSSMAN'S OTHER REPORTABLE COMPENSATION (COL. (B)(III)) INCLUDES AMOUNTS THAT WERE REPORTED AS DEFERRED COMPENSATION IN A PRIOR FORM 990.SUPPLEMENTAL INFORMATION

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (10 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
FORM 990, PART VI, SECTION A, LINE 6NEW YORK UNIVERSITY IS THE SOLE MEMBER OF NEW YORK UNIVERSITY MEDICAL CENTER FOUNDATION.
FORM 990, PART VI, SECTION A, LINE 7ATHE SOLE MEMBER, NEW YORK UNIVERSITY HAS THE POWER TO APPOINT THE GOVERNING BODY OF NEW YORK UNIVERSITY MEDICAL CENTER FOUNDATION.
FORM 990, PART VI, SECTION A, LINE 7BNEW YORK UNIVERSITY, THE SOLE MEMBER OF THE ORGANIZATION, HAS ALL SUCH POWERS AS PERMITTED UNDER THE BYLAWS AND APPLICABLE LAW INCLUDING, BUT NOT LIMITED TO, THE POWER TO AMEND THE BY-LAWS, AMEND THE CERTIFICATE OF INCORPORATION, REMOVE TRUSTEES WITH OR WITHOUT CAUSE, LIQUIDATE OR DISSOLVE THE CORPORATION, AND MERGE, CONSOLIDATE OR TRANSFER ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION.
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION DID NOT MAINTAIN ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY DURING THE REPORTING PERIOD.
FORM 990, PART VI, SECTION B, LINE 11DESCRIPTION OF THE PROCESS USED BY MANAGEMENT AND/OR GOVERNING BODY TO REVIEW THE FORM 990: 1. THE NYU LANGONE MEDICAL CENTER ("NYULMC") FINANCE DEPARTMENT DRAFTS THE FORM 990 AND THE ACCOMPANYING SCHEDULES BASED ON THE FISCAL YEAR'S FINANCIAL ACTIVITY AND PRIOR YEAR REPORTING. 2. THE DRAFT IS PROVIDED TO THE ORGANIZATION'S EXTERNAL TAX ADVISOR FOR REVIEW. 3. THE DRAFT IS THEN REVIEWED BY THE CONTROLLER, VICE PRESIDENT OF FINANCE, AND THE CHIEF FINANCIAL OFFICER FOR COMPLETENESS AND ACCURACY. THIS IS AN ITERATIVE PROCESS WHICH MAY INVOLVE MORE THAN ONE REVIEW BY THE ORGANIZATION'S EXTERNAL TAX ADVISOR. 4. THE REVIEWED DRAFT IS PRESENTED TO THE BOARD OF TRUSTEES FOR REVIEW. 5. ONCE APPROVED BY THE BOARD OF TRUSTEES, THE FORM 990 IS FORWARDED TO THE IRS.
ALL TRUSTEES AND OFFICERS OF THE CORPORATION MUST ACT SOLELY IN THE INTEREST OF THE CORPORATION WITHOUT REGARD TO PERSONAL INTEREST. IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY OF THE NYU LANGONE MEDICAL CENTER, TO WHICH THE BOARD OF TRUSTEES AND OFFICERS ARE SUBJECT TO, ALL TRUSTEES ARE REQUIRED TO DISCLOSE BI-ANNUALLY IN WRITING ANY KNOWN FINANCIAL INTEREST THAT THE INDIVIDUAL, OR MEMBER OF THE INDIVIDUAL'S FAMILY, HAS IN ANY BUSINESS ENTITY THAT TRANSACTS WITH THE CORPORATION. THE BOARD OF TRUSTEES SHALL REGULARLY EVALUATE THE CONFLICT OF INTEREST POLICY AND ADOPT SUCH OTHER POLICIES AND PROCEDURES AS MAY BE NECESSARY OR APPROPRIATE WITH RESPECT TO DETERMINING WHETHER A RELATIONSHIP, FINANCIAL INTEREST OR BUSINESS AFFILIATION RESULTS IN A CONFLICT OF INTEREST, PRESCRIBING THE COURSES OF ACTION TO BE TAKEN IN THE EVENT A CONFLICT OF INTEREST IS IDENTIFIED AND PROMOTING COMPLIANCE WITH ETHICAL STANDARDS OF BEHAVIOR AND APPLICABLE LAWS AND REGULATIONS.FORM 990, PART VI, SECTION B, LINE 12
THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE OFFICE OF THE GENERAL COUNSEL AT WASHINGTON SQUARE MAINTAINS COPIES OF THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES. THERE ARE NO AUDITED FINANCIAL STATEMENTS FOR THIS ENTITY. A COPY OF THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES CAN BE OBTAINED BY CONTACTING: NEW YORK UNIVERSITY OFFICE OF THE GENERAL COUNSEL 70 WASHINGTON SQUARE SOUTH, 11TH FLOOR NEW YORK, NEW YORK 10003 TELEPHONE NUMBER: 212-998-2240FORM 990, PART VI, SECTION C, LINE 19
WHISTLEBLOWER POLICY AND DOCUMENT RETENTION & DESTRUCTION POLICY:WHILE THE CORPORATION DOES NOT MAINTAIN ITS OWN WHISTLEBLOWER OR DOCUMENT RETENTION & DESTRUCTION POLICIES, ALL TRUSTEES AND OFFICERS OF THE CORPORATION ARE SUBJECT TO THE WHISTLEBLOWER AND DOCUMENT RETENTION & DESTRUCTION POLICIES OF NYU LANGONE MEDICAL CENTER.FORM 990, PART VI, LINES 13 & 14
AVERAGE HOURS PER WEEK DEVOTED TO RELATED ORGANIZATIONSNAME / TITLE / HOURS MICHAEL C. ALFANO, DMD, PHD / EX-OFFICIO / 60.0 ROBERT BERNE, PHD / EX-OFFICIO / 60.0 ROBERT I. GROSSMAN, MD / EX-OFFICIO / 60.0 DAVID W. MCLAUGHLIN / EX-OFFICIO / 60.0 JOHN E. SEXTON / EX-OFFICIO / 60.0 MICHAEL T. BURKE / TREASURER / 60.0 ANNETTE JOHNSON, JD / SECRETARY / 60.0 BONNIE BRIER / EX-OFFICIO / 60.0FORM 990, PART VII, SECTION A
CHANGES IN NET ASSETS OR FUND BALANCES:NET UNREALIZED GAINS ON INVESTMENTS: 893,736.FORM 990, PART XI, LINE 5:

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (21 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusDirect Controlling Entity NADirectControllingEntityNAControlled OrgControlledOrgBusiness Name Line1DirectControllingEntityName/BusinessNameLine1
NEW YORK UNIVERSITY
726 BROADWAYNEW YORKNY10003135562308UNIVERSITYNY501(C)(3)LINE 2N/A0
NYU HOSPITALS CENTER
550 FIRST AVENUENEW YORKNY10016133971298HOSPITALNY501(C)(3)LINE 3N/A0
34TH STREET CANCER CENTER INC
C/O NYUHC 550 FIRST AVENUENEW YORKNY10016300262470CANCER CARENY501(C)(3)LINE 11C, III-FI1NYU HOSPITALS CENTER
COURANT INSTITUTE FOUNDATION
251 MERCER STREETNEW YORKNY10012237277792SUPP CIMSNY501(C)(3)PF1NEW YORK UNIVERSITY
HAROLD ACTON TRUST
726 BROADWAY 9TH FLOORNEW YORKNY10003137050560SUPPORT OF NYU'S CAMPUS IN FLORENCE, ITALYNY501(C)(3)LINE 11A, I1NEW YORK UNIVERSITY
HORTENSE ACTON TRUST
70 WASHINGTON SQ SNEW YORKNY10013367110976SUPPORT OF NYU'S CAMPUS IN FLORENCE, ITALYNY501(C)(3)PF1NEW YORK UNIVERSITY
INSTITUTE OF FINE ARTS FOUNDATION
1 EAST 78TH STREETNEW YORKNY10021237184242SUPP NYU'S INSTITUTE OF FINE ARTSNY501(C)(3)LINE 11A, I1NEW YORK UNIVERSITY
INSTITUTE OF JUDICIAL ADMIN INC
161 AVE OF THE AMERICAS 504NEW YORKNY10013135613508SUPP NYUNY501(C)(3)LINE 11A, I1NEW YORK UNIVERSITY
NATIONAL CENTER ON PHILANTHROPY AND THE LAW
110 WEST 3RD ST 2ND FLNEW YORKNY10012133954405STUDY,RESEARCH, EDUCATION ON PHILANTHROPY & THE LAWNY501(C)(3)LINE 11A, I1NEW YORK UNIVERSITY
NEW YORK UNIVERSITY IN ABU DHABI CORP
70 WASHINGTON SQ SNEW YORKNY10013262652713SUPPORT NYU COLLEGE IN ABU DHABINY501(C)(3)LINE 21NEW YORK UNIVERSITY
NEW YORK UNIV SCHOOL OF BUSINESS FDN
44 WEST 4TH ST STE 11-160NEW YORKNY10012134168015SUPPORTS NYU'S L.N. STERN SCHOOL OF BUSINESSNY501(C)(3)LINE 11A, I1NEW YORK UNIVERSITY
NYU IMAGING INC
545 FIRST AVENUENEW YORKNY10016134000622SUPPORT NYU SCHOOL OF MEDICINENY501(C)(3)LINE 11A, I1NEW YORK UNIVERSITY
NYU REAL ESTATE CORPORATION
70 WASHINGTON SQ S 11THNEW YORKNY10013134141728OWNS REAL PROPERTYNY501(C)(25)1NEW YORK UNIVERSITY
NYU SCHOOL OF LAW FOUNDATION
161 AVE OF THE AMERICAS 504NEW YORKNY10013136161036SUPPORT NYU'S SCHOOL OF LAWNY501(C)(3)LINE 11A, I1NEW YORK UNIVERSITY
NYU SCHOOL OF LAW HOUSING ASSISTANCE CO
161 AVE OF THE AMERICAS 504NEW YORKNY10013134043221SUPPORT NYU'S SCHOOL OF LAWNY501(C)(3)LINE 11A, I1NYU'S SCHOOL OF LAW FOUNDATION
NYU SCHOOL OF LAW RECRUITMENT ASSIST CO
161 AVE OF THE AMERICAS 504NEW YORKNY10013134043182SUPPORT NYU'S SCHOOL OF LAWNY501(C)(3)LINE 11A, I1NYU'S SCHOOL OF LAW FOUNDATION
NYU SCHOOL OF LAW RETENTION ASSIST CORP
161 AVE OF THE AMERICAS 504NEW YORKNY10013134047911SUPPORT NYU'S SCHOOL OF LAWNY501(C)(3)LINE 11A, I1NYU'S SCHOOL OF LAW FOUNDATION
POLYTECHNIC INSTITUTE OF NEW YORK UNIVERSITY
6 METROTECH CENTERBROOKLYNNY11201111630820ENGINEERING COLLEGENY501(C)(3)LINE 21NEW YORK UNIVERSITY
WASHINGTON SQUARE LEGAL SERVICES INC
161 AVE OF THE AMERICAS 504NEW YORKNY10013237392120CERTAIN PUBLIC INTEREST ACTIVITIES OF NYU'S SCHOOL OF LAWNY501(C)(3)LINE 11A, I1NEW YORK UNIVERSITY
NEW YORK UNIVERSITY SCHOOL OF MEDICINE VEBA TRUST
550 FIRST AVENUENEW YORKNY10016371592643POSTRETIREMENT HEALTH CARE BENEFITSNY501(C)(9)1NEW YORK UNIVERSITY
JURODIN FUND
PO BOX 6089NEWARKDE197146089136169166SILVER FUNDSDE501(C)(3)PF1NEW YORK UNIVERSITY

Form990 Schedule R Part IV Form990ScheduleRPartIV (9 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodePrimary ActivityPrimaryActivityLegal Domicile Foreign CountryLegalDomicileForeignCountryDirect Controlling Entity NADirectControllingEntityNAType Of EntityTypeOfEntityAddress Line1AddressForeign/AddressLine1Province Or StateAddressForeign/ProvinceOrStateCountryAddressForeign/CountryPostal CodeAddressForeign/PostalCode
CCC 550 INSURANCE SCC
550 FIRST AVENUENEW YORKNY10016PROF LIAB COVERAGEBBN/AC
INTERNATIONAL ART FUND
C/O NYU 726 BROADWAYNEW YORKNY10003HOLDS STOCK IN LA PIETRA CORP.PMN/AC
LA PIETRA CORPORATION
HOLDS PROPERTY COMPRISING NYU'S FLORENCE CAMPUSITN/ACVIA BOLOGNESE 120FLORENCEIT50139
NYU IN FRANCE
SUPPORT NYU'S PROGRAM IN FRANCEFRN/AC56 RUE DE PASSYPARISFR75016
NIU DA ED INFOR CONSULTING CO LTD
SUPPORT NYU'S PROGRAM IN CHINACHN/AC3663 ZHONGSHAN RD NSHANGHAICH200062
NYU IN LONDON
SUPPORT NYU'S PROGRAM IN LONDONUKN/AC6 BEDFORD SQUARELONDONUKWC1B 3RA
NYU IN TEL-AVIV LTD
SUPPORT NYU'S PROGRAM IN TEL-AVIVISN/ACTUVAL 13TEL AVIVIS52522
NYU TISCH INSTITUTE (LONDON) LTD
SUPPORT NYU'S TSOA'S PROGRAM IN LONDONUKN/ACSENATE HOUSE SOUTH BLOCK ROOM 26LONDONUKWC1E 7HU
NYU TISCH SCH OF ARTS ASIA LTD
SUPPORT NYU'S TSOA'S PROGRAM IN SINGAPORESNN/AC3 KAY SIANG ROADSN248923
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org1GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg