New York Foundling Hospital

“The membership of the corporation consists of one (1) class of members who are members of the sisters of charity.”

“At each annual meeting the members of the corporation elect from their own membership by a majority vote, a chairperson and a secretary.”

“Senior management of the organization's accounting department complete a tax organizer and furnish it to the organization's tax preparers at the independent cpa firm who prepare and review form 990 before furnishing draft form 990 to the organization. Draft form 990 is reviewed by the assistant vice president and cfo prior to being sent to the audit committee for review, discussion and approval and distribution to the full board. Form 990 is distributed to the full board in electronic form where possible or paper when requested.”

“The organization has a written policy that requires officers, directors, trustees and key personnel to execute an annual (also required for new key personnel and board members prior to assuming their position) statement of disclosure of interests, relationships and holdings that could potentially result in a conflict of interest of themselves and their family members. If a conflict of interest should arise or can be reasonably construed, the officers, directors, trustees and key personnel will be recused from participating in the decision-making process. In the event that there must be a decision regarding the conflict, the matter will be referred to the executive committee of the board of trustees for a decision.”

“The governance committee ("committee") annually reviews, independently of the chief executive officer ("ceo"), the performance of the ceo. The ceo's compensation and benefits are fixed pursuant to a multi-year contract with the ceo. New york foundling has complied with new york state law executive order 38 ("eo 38"), and provided the finance committee with the benchmark salary comparisons for the following executive positions: - chief executive officer - chief operations officer - chief financial officer the minutes of the decisions of the board and the finance committee are prepared before the later of the next meeting or 60 days after the final action of the board and the committee. The minutes record a) the date of the decision b) the members present during the decision and those who voted on it and c) the full terms of the compensation arrangements that were reviewed.”

“The organization makes its governing documents (bylaws and articles of incorporation), conflict of interest policy and financial statements available at its principal office during regular business hours and by mail upon personal or written request. Annual information returns are available to the public via the same method for a period of three years.”

“William baccaglini was the ceo of the organization through january 2022. After which mr. Baccaglini became senior advisor to the board of trustees and successor ceo and president.”

“Regardless of creed or color, the foundling provides preventive services to keep children safe at home and avoid the foster care system; and supervision of children in foster and adoption homes; after-care supervision of children discharged from foster care; tutoring of children in the foster care system; and shelter, care and casework services to unmarried mothers. The foundling also provides services to individuals with intellectual and/or developmental disabilities.”

“1. Health and behavioral health - our health and behavioral health services support children and adolescents who have experienced poverty, crises, abuse, and family stress in their home and community to help them manage their challenges in the context of their everyday lives. Using evidence-based approaches and employing highly-trained medical and mental health professionals, our programs meet people where they are, and create stability as they address their health needs. Total expenses: $13,474,148. Total revenue: $6,414,251. 2. Juvenile justice - our juvenile justice system works like a maze with too many entrances in, but far too few exits out. Diversion programs for young people caught in the system use therapy and counseling to address and resolve the behavior that led the individual into the maze, offering a viable alternative to conviction, jail time, and a criminal record. Total expenses: $4,485,293. 3. Other programs - provide family-centered and community based services such as education, supplemental housing, and career planning. Total expenses: $9,493,136. Total revenue: $8,260,554.”

“Other adjustments to net assets: change in unfunded pension obligation........... $6,200. ___________ total adjustments to net assets................. $6,200.”