Civic Intelligence

Stephen Siller Tunnel to Towers Foundation

EIN 02-0554654 • 501(c)3 • Staten Island, NY

Profile

The stephen siller tunnel to towers foundation is a not-for-profit corporation that was established to support, recognize, and advocate for our first responders and catastrophically injured service members in honor of the legacy of stephen siller, who laid down his life to save others on september 11, 2001.

2361 Hylan BlvdStaten Island, NY 10306

www.tunnel2towers.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

43rd percentile

0.23x

Higher debt load relative to assets than 43% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

32nd percentile

0.27x

Higher debt load relative to revenue than 32% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

87th percentile

32%

Higher net margin than 87% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

19th percentile

$398,962

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Asset Growth

97th percentile

51%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

50%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$652,832,661

Up $221,296,443 (+51%) from 2023

Liabilities

Up

$151,725,720

Up $38,061,751 (+33%) from 2023

Net Assets

Up

$501,106,941

Up $183,234,692 (+58%) from 2023

Revenue

Up

$559,392,887

Up $186,389,395 (+50%) from 2023

Expenses

Up

$381,079,452

Up $108,875,396 (+40%) from 2023

Net Income

Up

$178,313,435

Up $77,513,999 (+77%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800M$600M$400M$200M$0Assets 2011: $1,652,653Liabilities 2011: $4,974Net Assets 2011: $1,647,6792011Assets 2012: $5,737,525Liabilities 2012: $493,127Net Assets 2012: $5,244,3982012Assets 2013: $4,368,672Liabilities 2013: $295,052Net Assets 2013: $4,073,6202013Assets 2014: $4,662,252Liabilities 2014: $213,580Net Assets 2014: $4,448,6722014Assets 2015: $4,673,354Liabilities 2015: $218,234Net Assets 2015: $4,455,1202015Assets 2016: $5,971,159Liabilities 2016: $322,572Net Assets 2016: $5,648,5872016Assets 2017: $7,955,206Liabilities 2017: $175,301Net Assets 2017: $7,779,9052017Assets 2018: $10,196,290Liabilities 2018: $374,707Net Assets 2018: $9,821,5832018Assets 2019: $22,067,777Liabilities 2019: $702,422Net Assets 2019: $21,365,3552019Assets 2020: $79,339,700Liabilities 2020: $1,222,333Net Assets 2020: $78,117,3672020Assets 2021: $203,334,406Liabilities 2021: $7,967,883Net Assets 2021: $195,366,5232021Assets 2022: $270,290,174Liabilities 2022: $61,418,862Net Assets 2022: $208,871,3122022Assets 2023: $431,536,218Liabilities 2023: $113,663,969Net Assets 2023: $317,872,2492023Assets 2024: $652,832,661Liabilities 2024: $151,725,720Net Assets 2024: $501,106,9412024

Highlighted filing

2024

Assets$652,832,661
Liabilities$151,725,720
Net Assets$501,106,941

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600M$400M$200M$0-$200MRevenue 2011: $3,168,753Expenses 2011: $2,258,457Net Income 2011: $910,2962011Expenses 2012: $11,551,8872012Revenue 2013: $11,139,007Expenses 2013: $12,750,752Net Income 2013: -$1,611,7452013Revenue 2014: $9,316,207Expenses 2014: $8,941,155Net Income 2014: $375,0522014Revenue 2015: $11,684,725Expenses 2015: $11,678,277Net Income 2015: $6,4482015Revenue 2016: $14,842,420Expenses 2016: $13,648,953Net Income 2016: $1,193,4672016Revenue 2017: $18,749,608Expenses 2017: $16,641,583Net Income 2017: $2,108,0252017Revenue 2018: $23,900,635Expenses 2018: $21,836,884Net Income 2018: $2,063,7512018Revenue 2019: $45,956,094Expenses 2019: $34,643,508Net Income 2019: $11,312,5862019Revenue 2020: $113,682,181Expenses 2020: $57,319,659Net Income 2020: $56,362,5222020Revenue 2021: $264,017,854Expenses 2021: $147,553,557Net Income 2021: $116,464,2972021Revenue 2022: $305,316,257Expenses 2022: $286,769,672Net Income 2022: $18,546,5852022Revenue 2023: $373,003,492Expenses 2023: $272,204,056Net Income 2023: $100,799,4362023Revenue 2024: $559,392,887Expenses 2024: $381,079,452Net Income 2024: $178,313,4352024

Highlighted filing

2024

Revenue$559,392,887
Expenses$381,079,452
Net Income$178,313,435

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$653$152$501$559$381$178
2023Detailed filing. Detailed filing data is available for this year.$432$114$318$373$272$101
2022Detailed filing. Detailed filing data is available for this year.$270$61.4$209$305$287$18.5
2021Detailed filing. Detailed filing data is available for this year.$203$7.97$195$264$148$116
2020Detailed filing. Detailed filing data is available for this year.$79.3$1.22$78.1$114$57.3$56.4
2019Detailed filing. Detailed filing data is available for this year.$22.1$0.70$21.4$46.0$34.6$11.3
2018Detailed filing. Detailed filing data is available for this year.$10.2$0.37$9.82$23.9$21.8$2.06
2017Detailed filing. Detailed filing data is available for this year.$7.96$0.18$7.78$18.7$16.6$2.11
2016Detailed filing. Detailed filing data is available for this year.$5.97$0.32$5.65$14.8$13.6$1.19
2015Detailed filing. Detailed filing data is available for this year.$4.67$0.22$4.46$11.7$11.7$0.01
2014Detailed filing. Detailed filing data is available for this year.$4.66$0.21$4.45$9.32$8.94$0.38
2013Detailed filing. Detailed filing data is available for this year.$4.37$0.30$4.07$11.1$12.8$1.61
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.74$0.49$5.24$11.6
2011Summary only. Only limited summary data is available for this year.$1.65$0.00$1.65$3.17$2.26$0.91
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.0
Gross Receipts
$588,230,462
Mission and Program Overview

Mission

The mission of the stephen siller tunnel to towers foundation is to honor the sacrifice of firefighter stephen siller, who laid down his life to save others on september 11, 2001. We also honor our military, and first responders who continue to make the supreme sacrifice of life and limb for our country.

The mission of the stephen siller tunnel to towers foundation is to honor the sacrifice of fdny firefighter stephen siller, and all those who laid down their lives to save others on september 11, 2001. We also honor our military, and first responders who continue to make the supreme sacrifice of life and limb for our country.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$265,315,024$370,995,973▲ $105,680,949
Land, Buildings, and Equipment, Net$94,623,832$181,576,638▲ $86,952,806
Investments in Publicly Traded Securities$52,148,145$61,980,801▲ $9,832,656
Pledges and Grants Receivable$14,016,453$28,429,014▲ $14,412,561
Prepaid Expenses and Deferred Charges$2,759,229$6,770,577▲ $4,011,348
Investments Other Securities$1,049,778$1,101,888▲ $52,110
Intangible Assets$59,531$44,552▼ $14,979
Total Assets$431,536,218$652,832,661▲ $221,296,443
Other Assets Total$1,564,226$1,933,218▲ $368,992
Liabilities
Grants Payable$86,446,457$101,152,134▲ $14,705,677
Other Liabilities$18,743,988$36,203,274▲ $17,459,286
Accounts Payable and Accrued Expenses$8,473,524$14,370,312▲ $5,896,788
Total Liabilities$113,663,969$151,725,720▲ $38,061,751
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$313,661,273$494,965,946▲ $181,304,673
Net Assets With Donor Restrictions$4,210,976$6,140,995▲ $1,930,019
Total Net Assets Fund Balance$317,872,249$501,106,941▲ $183,234,692
Total Liabilities and Net Assets / Fund Balance$431,536,218$652,832,661▲ $221,296,443

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$71,670,613$453,082$72,123,695
Land$54,357,633-$54,357,633
Buildings$43,386,418$2,824,404$46,210,822
Leasehold Improvements$11,148,400$1,364,806$12,513,206
Equipment$1,013,574$607,940$1,621,514

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$56,189,331$12,911,745▲ $6,273,261-$75,374,337
2023$44,278,094$5,052,002▲ $6,859,235-$56,189,331
2022$28,542,379$19,988,055▼ $4,252,340-$44,278,094
2021$11,922,113$15,704,850▲ $915,416-$28,542,379
2020$2,585,128$8,959,392▲ $377,593-$11,922,113
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew MahoneyExec VP DeveFT$350,012$48,950$398,962
Matthew MahoneyExec VP Development-$350,012$75,088$398,962
Jeanna DellragioneCOOFT$350,000$34,896$380,021
Lawrence OlsonExec VP MarkFT$259,616$26,406$286,022
Lawrence OlsonExec VP Marketing-$259,616$32,815$286,022
John PonteSr VP, HomeFT$222,538$42,478$265,016
John PonteSr VP, Home Construc-$210,400$39,969$265,016
Gavin NaplesVP HomelessFT$229,295$16,021$245,316
Gavin NaplesVP Homeless Veterans-$220,805$16,021$245,316
Justing KiernanVP InternalFT$213,097$7,868$220,965
Justing KiernanVP Internal Affairs-$205,205$1,475$220,965
Frank SillerPresident ChFT$100,000$33,576$133,576
Mary ScullinTreasurer anPT$24,000$61,335$85,335

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$539,563,450
Program Service Revenue
$9,920,142
Investment Income
$8,489,228
Other Revenue
$1,420,067
All Other Contributions
$539,563,450
Change in Net Assets
$178,313,435

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded754$12,911,745
Real Estate Other1$4,750,000
Other Non Cash Contri Table6$700,000
Other Non Cash Contri Table207$508,474
Other Non Cash Contri Table94$34,000
Total Noncash Contributions1,062$18,904,219

Audited Revenue Reconciliation

Revenue per Audited Statements
$559,008,260
Revenue Not Reported on Financial Statements
$384,627
Revenue Not Reported on Form 990
$36,709,119
Total Revenue per Audited Statements
$595,717,379
Total Revenue per Form 990
$559,392,887
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$175,588,300
Grants and Similar Amounts Paid$173,102,802
Total Fundraising Expense$37,605,686
Salaries, Compensation, and Employee Benefits$31,776,844
Professional Fundraising Fees$611,506

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$156,604,813--$156,604,813
Advertising$47,225,490$250,563$16,613,236$64,089,289
Other Salaries and Wages$16,276,889$3,523,020$5,167,749$24,967,658
Grants to Domestic Orgs$16,497,989--$16,497,989
Office Expenses$5,955,565$259,488$5,651,344$11,866,397
All Other Expenses$5,423,007$315,714$3,791,065$9,529,786
Other Expenses$5,365,788$184,970$1,139,659$6,690,417
Travel$3,052,442$53,942$408,276$3,514,660
Other Employee Benefits$2,316,312$368,246$714,614$3,399,172
Payroll Taxes$1,384,193$308,225$434,693$2,127,111
Depreciation Depletion$1,796,000$117,507$156,676$2,070,183
Insurance$1,569,223$113,682$156,652$1,839,557
Fees for Services Other$1,012,180$262,613$353,289$1,628,082
Information Technology$612,872$128,970$217,563$959,405
Fees for Services Legal$881,619$10,684$12,557$904,860
Pension Plan Contributions$427,139$127,344$129,488$683,971
Occupancy$400,782$106,473$130,711$637,966
Fees for Services Professional Fundraising--$611,506$611,506
Current Officers, Directors, Trustees, and Key Employees$387,749$92,050$119,133$598,932
Fees for Service Investment Mgmnt Fees-$384,627-$384,627
Conferences and Meetings$227,850$42,807$73,800$344,457
Fees for Services Accounting-$79,980-$79,980
Total Functional Expenses$99,918,740$6,730,905$23,029,822$122,948,562

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$412,482,687
Total Expenses per Form 990$381,079,452
Expenses per Audited Statements$380,694,825
Expenses Not Reported on Form 990$31,787,862
Expenses Not Reported on Financial Statements$384,627
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
SEMPER FI & AMERICA'S FUNDOceanside, CA501c3Support$6,000,000
Veterans MatterToledo, OH501c3Support$3,100,000
Children of Fallen Patriots FoundatReston, VA501c3Support$2,500,000
Travis Manion FoundationDoylestown, PA501c3Support$1,000,000
Veterans MatterToledo, OH501c3Support$1,000,000
Kid Save International IncCulver City, CA501c3Support$500,000
A Soldiers Journey HomeChattanooga, TN501c3Support$425,000
Medal of Honor FoundationMt Pleasant, NC501c3Support$250,000
Richmond University Medical CenterStaten Island, NY501c3Support$250,000
Guardian Revival IncStormville, NY501c3Support$200,000
The Thomas R Elsasser Memorial SchoNew York, NY501c3Support$198,000
You Were Worth It FoundationIrvine, CA501c3Support$108,284
Various Under 5000 Each--Support$105,229
The Anthony M Varvaro Believe FounStaten Island, NY501c3Support$70,000
Long Beach Waterfront WarriorsLong Beach, NY501c3Support$62,966
Hope Ignites New YorkBrooklyn, NY501c3Support$55,750
Grey Bull Rescue Foundation CorpTampa, FL501c3Support$50,000
Lupus Research AllianceNew York, NY501c3Support$50,000
Team American Freedom CoPetersburg, FL501c3Support$50,000
Capital Area Greenbelt AssociationHarrisburg, PA501c3Support$30,000
SEAMEN'S SOCIETY FOR CHILDREN AND FStaten Island, NY501c3Support$28,500
Jar of HopeAsbury Park, NJ501c3Support$25,500
Amazing Grace Interfaith MinistryStaten Island, NY501c3Support$25,000
Christopher Whitehouse FoundationinStaten Island, NY501c3Support$25,000
Freedom AllianceWinchester, VA501c3Support$25,000
Humble Heroes of FdnyStaten Island, NY501c3Support$25,000
Potsdam College FoundationPotsdam, NY501c3Support$25,000
Project Hospitality IncStaten Island, NY501c3Support$25,000
The New York Firefighters Burn CentBronx, NY501c3Support$25,000
The New York FoundlingNew York, NY501c3Support$25,000
US VetsHouston, TX501c3Support$25,000
Wabc Radio FoundationNew York, NY501c3Support$25,000
ST PETER'S BOYS HIGH SCHOOLStaten Island, NY501c3Support$19,500
Stephane Matteau FoundationGreenville, SC501c3Support$15,000
National Coalition for Homeless VetWashington, DC501c3Support$12,060
National Exchange ClubToledo, OH501c3Support$10,000
Perfect 33 FoundationClearwater Beach, FL501c3Support$10,000
The St George Theatre RestorationStaten Island, NY501c3Support$10,000
Veterans and Athletes UnitedNorth Chesterfield, VA501c3Support$10,000
Wyo West Warrior FoundationSheridan, WY501c3Support$10,000
Detective Rafael Ramos Foundation IHoward Beach, NY501c3Support$8,100
Detective Wenjian Liu FoundationBrooklyn, NY501c3Support$6,600
Police Athletic League IncNew York, NY501c3Support$6,500
The Anthony M Varvaro Believe FounStaten Island, NY501c3Support$6,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,971,830
Fundraising Direct Expenses$3,646,450
Professional Fundraising Fees$611,506
Gaming Gross Income$21,410
Gaming Direct Expenses$3,420

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outings$4,146,425$4,146,425$762,593$3,383,832
Gala$825,405$825,405$296,594$528,811
Total Events$4,971,830$4,971,830$3,646,450$1,325,380
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Frank SillerPres Chair CEORentNo$237,192
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Program Liabilities-home Purchases$34,495,757
Lease Liabilities - Operating Leases$1,294,110
Liabilities Under Split-interest Agr$413,407
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Frank siller president family george siller vice chair family mary scullin treas/cao family regina vogt secretary family janis hannan vice chair family

Form 990, Page 6, Part VI, Line 11B

A copy of the form 990 is circulated to executive board members before a final copy is electronically filed with the irs.

Form 990, Page 6, Part VI, Line 12C

The purpose of this conflict of interest policy (the "policy") is to protect the interests of the stephen siller tunnel to towers foundation ("tunnel to towers-; the "foundation") when the foundation is contemplating a transaction or arrangement that might benefit the private interests of an officer or director of the foundation, and ensure that all officers and directors act in the foundation's best interests. This policy is intended to supplement but not replace any applicable laws governing conflicts of interest for nonprofit and charitable corporations.

Form 990, Page 6, Part VI, Line 15A

The executive board of directors for the stephen siller tunnel to towers foundation is responsible for determining and approving the compensation of the ceo. The executive board conducts an annual review of the ceo's total compensation, including salary and benefits. To ensure the compensation is reasonable and aligned with industry standards, the committee utilizes comparability data from nationally recognized compensation studies of similar nonprofit organizations as well as an evaluation and review of form 990 of other similar nonprofit organizations. The ceo does not participate in discussions or decisions regarding their own compensation. All deliberations, data considered, and approvals are documented in board meeting minutes ensuring transparency in the board's determination. Compensation

Form 990, Page 6, Part VI, Line 15B

Compensation for all other officers of the foundation is approved by the ceo, coo, and cao in collaboration with the human resources department.

Form 990, Page 6, Part VI, Line 17

Minnesota, mississippi, new hampshire, new jersey, new mexico, new york, north carolina, north dakota, ohio, oklahoma, oregon, pennsylvania, rhode island, south carolina, tennessee, utah, virginia, washington, west virginia, wisconsin

Form 990, Page 6, Part VI, Line 18

A copy of the form 990 and accountant's report is available on the nys charities bureau website.

Form 990, Page 6, Part VI, Line 19

Governing documents, policies, and financial statements are made available to the public upon request and are located in the administrative offices of the foundation. A copy of the form 990 and accountant's report is made available on the nys charities bureau website.

Form 990, Part VII

Section b. Independent contractors description of name and business address services compensation new river direct llc direct response 61,548,715 1910 park meadows dr. Fort myers, fl 33907 fox news network llc broadcast media 40,208,070 1211 avenue of the americas services new york, ny 10036 all american general contractors,llc contractors 10,391,672 6138 104th ave n pinellas park, fl 33782 vera data llc direct response 5,158,942 1910 park medows drive fort myers, fl 33907 red apple media broadcast media 4,143,197 800 3rd ave services new york, ny 10022

Filing and Contact Details

Filer

Filer Name
Stephen Siller Tunnel to Towers
EIN
02-0554654
Phone
7189871931
Address
2361 HYLAN BLVD, STATEN ISLAND, NY 10306

Signing Officer

Name
Mary Scullin
Title
Treasurer and CAO
Phone
7189871931
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Scullin
Formed
2001
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
6
Employees
390
Volunteers
4,000

Preparer

Firm
Desantis Kiefer Shall & Sarcone Llp
Address
1675 RICHMOND ROAD, STATEN ISLAND, NY 10304-2317
Preparer
Donald Sarcone CPA Cgma
Phone
7183512233
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the stephen siller tunnel to towers foundation is to honor the sacrifice of fdny firefighter stephen siller, and all those who laid down their lives to save others on september 11, 2001. We also honor our military, and first responders who continue to make the supreme sacrifice of life and limb for our country.

Form 990, Page 2, Part III, Line 4A

In the line of duty programs: 1) smart home program: this program constructs custom, specially adapted smart homes for catastrophically injured service members and first responders to restore their ability to live a life of independence. 2) fallen first responder home program: the foundation provides mortgage free homes to families with young children left behind when a firefighter or police officer is killed in the line of duty. 3) gold star home program: the foundation provides mortgage free homes to families with young children when a service member dies in the line of duty. 4) homeless veterans program - the foundation is committed to honoring the sacrifice of american service members and helping end homelessness amongst the veteran community. Providing a safe and dignified residence is an integral part of helping veterans who are homeless reclaim their lives. Veterans in this program receive the support they need to help them address any obstacles to living a more independent life. In addition to delivering housing, we provide comprehensive care through our national case management team by connecting veterans who have additional needs with mental health counseling, addiction services, skills training and job placement.

Form 990, Page 2, Part III, Line 4B

Never forget programs: 1)national tunnel to towers runs and stair climb series: the new york city 5k run and tower climb as well as the national runs and climbs are memorial events held in honor of stephen siller (fdny), and all who perished on 9/11, as well as first responders and military who continue to put their lives on the line to serve and protect our nation. The foundation has established these memorial events to ensure we never forget 2) tunnel to towers 9/11 institute: this is our september 11, 2001 education program. The foundation has developed a curriculum for grades k- 12 that can be accessed by teachers throughout the nation to educate children about the history of 9/11. The program also includes a mobile exhibit, which serves to educate and pay tribute to the sacrifices made on september 11, 2001. 3) wings of a hero: to help local community children in need who have lost a parent by providing assistance for school, counseling or other needs. 4)legacy awards: to assist families of military or first responders and other cases where there is immediate special financial need.

Form 990, Part XI, Line 9

Pv discount on grants payable -1,554,797

Form 990, Part XII

Donated airtime 26,297,076 the organization receives donated broadcast airtime from our media partners. Consistent with irs reporting requirements, the value of donated airtime is not reflected in form 990 revenue or expenses but provides significant program support by increasing public awareness of the organizations mission.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

All spending from each of the foundation's endowment funds will comply with any donor restrictions on spending imposed on such funds and with the nypmifa. In creating an endowment fund, the donor also may have restricted the purpose or purposes for which funds from the endowment may be spent. All decisions regarding expenditures from an endowment fund restricted as to purpose must comply with such purpose restrictions. Expenditures from endowment funds that are not restricted as to purpose may be used for any purposes of the foundation. In august of 2021 the foundation purchased the building located at 2381 hylan blvd for the intent of acquiring additional employee office space to accommodate the current and future growth of the foundation staff. The foundation has determined that if the building is subsequently sold all proceeds will go directly to the endowment fund. In december of 2023 the foundation purchased the building located at 2187 victory blvd for the intent of acquiring additional employee office space to accommodate the current and future growth of the foundation staff. The foundation has determined that if the building is subsequently sold all proceeds will go directly to the endowment fund.

Schedule D, Page 3, Part X

The foundation is subject to the provisions of the fasb asc that addresses accounting and reporting for uncertainty in income taxes. Because of the foundations general tax-exempt status, this asc topic has not had, and is not expected to have, a material impact on its financial statements.

Schedule D, Page 4, Part XI, Line 2D

Direct fundraising expenses 3,115,389 rental expenses 282,092

Schedule D, Page 4, Part XII, Line 2D

Direct fundraising expenses 3,115,389 pv discount on grants payable 1,554,797 rental expenses 282,092

Schedule D, Page 4, Part XII, Line 4B

Book / tax depreciation difference 182,067

Schedule D, Page 4, Part XIII

Donated airtime 26,297,076 the organization receives donated broadcast airtime from our media partners. Consistent with irs reporting requirements, the value of donated airtime is not reflected in form 990 revenue or expenses but provides significant program support by increasing public awareness of the organizations mission.

Raw XML AppendixShowing 400 of 1,256 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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