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 REFRAINED 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 executive director ("ed") the performance of the ed. The ed's compensation and benefits are fixed pursuant to a multi-year contract with the ed, and in the negotiation of the contract the directors have utilized data from competent salary surveys of executive compensation in the not-for-profit industry. The full executive committee reviews and approves the employment contract with the ed. Included in the survey performed for the executive compensation are the following levels: - chief executive officer - chief program officer - chief operations officer - chief financial officer the minutes of the decisions of the board and the 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 arrangement that was approved.”

“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.”

“1) puerto rico head start & early head start programs - the foundling's services in puerto rico serve 1,161 children, infants, toddlers, and pregnant women at 25 sites in 4 low-income municipalities across the island. The goal of the program is to increase the social and educational competence of young children and low income families in the most impoverished communities, strengthening and safeguarding their families in the process. The program receives the highest possible audit results, and we train and employ a significant amount of former participants and current family members, demonstrating a lasting commitment to participant families. Expenses: $9,587,529. 2) medicaid - support our foster care programs. Maintain clinics at the administrative office in each borough. Our staff of healthcare professionals provide routine and on-going health maintenance and management of acute and chronic illnesses, intensive medical case management and mental health screenings as well as counseling for our foster children. Expenses: $6,429,741. Revenue: $7,611,896. 3) foster care residential facilities - congregate care programs provide residential care for youth whose problems are so complex that they cannot function in a traditional home or facility. Program professionals provide counseling and services to address needs of youth and achieve reunification or secure a foster boarding home setting for youths while in need of placement. Rendered approximately 16,334 days of care. Expenses: $5,041,487. 4) family day care - providing vital support to families and children in the bronx and manhattan since 1968. More than 75 trained and licensed family day care providers provide a comfortable family-like setting to over 400 children and convenience and peace of mind to their working parents. Expenses: $1,589,627. 5) other programs - provide family-centered and community based services such as temporary shelter to homeless and runaway adolescents and assistance with legal advocacy, education, and career planning. Includes blue sky program, which provides support and guidance to youth involved in the juvenile justice system and their families, so that youth can remain in their homes, rather than be removed from their communities and detained in an institution. Integrates three successful state-of-the-art therapeutic methods and applies them at a critical point in the child's journey through the juvenile justice system. Expenses: $5,271,090. Revenue: $5,736,961.”

“Change in undfunded pension obligation”