Greyston Foundation Inc.

“The organization uses an outside management company, adp total source inc., a professional employer organization ("peo") as a co-employer. Adp was paid $63,789 during 2018 for their services. The compensation for those listed in part vii were paid by the peo.”

“The preparer emails a copy of a draft version of form 990 to the cfo who, in turn, emails the draft version of form 990 to each board member for review. Each board member is requested to submit any comments to the cfo prior to filing with the internal revenue service. Once all comments are resolved, a final version of form 990 is emailed to each board member and filed with the internal revenue service by the applicable due date.”

“The conflict of interest policy is applicable to all board members, officers, and management employees of the foundation. Anyone who believes they may have a conflict must disclose all material facts to the board of directors. After disclosure of the conflict and all material facts, and after discussion with the interested person, the interested person shall leave the meeting and the determination of a conflict of interest is discussed and voted upon. The remaining members of the board of directors or committee shall decide if a conflict of interest exists. If the board of directors takes action concerning a financial transaction or arrangement previously reviewed by a committee, the board shall make its own determination or affirm the determination of the committee as to whether a conflict of interest exists. The minutes of the board of directors including each committee with board delegated powers and each authorized body of the foundation shall contain: (i) the names of the persons who disclosed or otherwise were found to have a financial interest in connection with an actual or possible conflict of interest, the nature of the financial interest, any action taken to determine whether a conflict of interest in fact existed; and (ii) the names of the persons who were present for discussions and votes relating to the financial transaction or arrangement, a summary of the discussion, including any alternatives to the proposed financial transaction or arrangement, and a record of any votes taken in connection therewith. Each director and officer of the foundation, each member of a committee with powers delegated by the board of directors of the foundation, and each member of an authorized body of the foundation shall sign a statement annually which affirms that such person: (i) has received a copy of the policy and procedures on conflict of interest; (ii) has read and understands the policy and procedures; (iii) has agreed to comply with the policy and procedures, and (iv) understands that the foundation is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities that accomplish one or more of its tax-exempt purposes.”

“The organization's form 990 is available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation, form 990, form 1023, and by-laws are also available upon written request or by calling the organization directly.”

“Founded 1982, greyston has grown into one of the country's leading social enterprises. Greyston's mission is to create thriving communities through the practice and promotion of open hiring. Open hiring fills jobs without background checks, interviews, or any judgement of an individual's past history, thereby creating opportunities for individuals who are often excluded from the mainstream workforce. For over three decades, our unique blend of open hiring and community programs has supported individuals in southwest yonkers, new york, searching for a path out of poverty. In a community where one-third of adults live below the poverty line and are often denied the opportunity to work, greyston bakery (our for-profit commercial bakery) has been steadfast in its commitment to hiring regardless of education, work experience, history of incarceration, homelessness, or past drug use. Greyston's non-profit services provide the community infrastructure to ensure that individuals have access to all of the resources that they need to thrive in their jobs. Community programs including training, community gardens, and housing provide direct services to thousands of local residents. Our employee pathmaker program ensures that those most in need have access to the full array of resources that are available from greyston and our community partners. Our employment practices have grown into a proven open hiring business model that demonstrates to employers around the world that you can run a profitable business while making a positive impact on a community.”

“Greyston's mission is to create thriving communities through the practice and promotion of open hiring. As one of the country's leading social enterprises, greyston is dedicated to serving the community of southwest yonkers, ny, and to scaling our open hiring model to organizations around the world. Comprised of a purpose-driven for-profit commercial bakery aligned with a group of additional not-for-profit organizations that provide services and support to our employees and the community, greyston is proving that businesses can change established human resources processes to create a more inclusive workforce and reduce poverty, while maintaining a profitable business. Profits generated by greyston bakery along with additional fundraising provide financial support for our not-for-profit programs which include: workforce development, community gardens which includes environment education, and issan health. Greyston foundation, inc., our 501(c)(3) not-for-profit, provides supervision, oversight, human resources, accounting and finance, information technology, development, and administrative support for all of the not-for-profit and for-profit entities under the greyston umbrella.”

“As a leading social enterprise, greyston serves a broad range of people through our programs and services. We provide direct service through open hiring, workforce development, community gardens which includes environmental education and issan house. Throughout its history, greyston has been a leader in addressing systemic poverty through business and social innovation and inclusion. This leadership continues today. The greyston center for open hiring was launched in 2018 to facilitate the widespread adoption of open hiring within the united states and beyond. Greyston bakery is our proof point that removing barriers to employment creates a climate for those most in need to gain employment and become contributing members of our community and economy. Greyston bakery's open hire employees produce more than 35,000 pounds of brownies daily and over seven million pounds annually. In 2018, our key customers including unilever/ben & jerry's, whole foods market and delta airlines have grown and our employees, most of whom are likely to be excluded from mainstream jobs, successfully met their new, higher production goals. At the center, curricula are being designed to teach other companies how to remove the barriers to employment that they currently have and provide opportunities for success for those most in need in their communities. Greyston workforce development provides members of the community with the skills and resources required to enter and thrive in the workforce. Operating since 2009, greyston workforce development has trained over 1200 people and placed more than 840 with local companies, agencies, and organizations. In 2018, there were 124 graduates of our training programs, of which 70% achieved employment. We offer training, career counseling, job placement and other job retention services including financial responsibility to help individuals successfully transition into employment. In addition, greyston offers training to young adults, ages 16-24. Courses are designed to be responsive to the current needs of employers. Offerings in 2018 included construction trades, culinary and pastry arts, and security guard training. Program graduates receive certifications requested by employers - such as servsafe licensing for the food sector. Issan house (the principal program of the related greyston health services not-for-profit entity) is a 35-unit supportive care housing facility for formerly homeless people living with hiv/aids, 95% of whom have a dual diagnosis of mental illness and drug or alcohol addiction. Issan house is the only facility of its kind in westchester county. Individuals residing at issan house have a permanent home and access to ongoing services while striving toward personal self-sufficiency. Each year, 40-50 tenants are provided with an array of specialized social services including case management, counseling, benefits assistance, life skills training, advocacy, transportation to appointments, referrals to other services and three nutritious meals daily. Greyston's community gardens and environmental education program strategy is the belief that a healthy individual and family has a better foundation for success. This program provides the supportive services to enable job retention and successful employment with a focus on: education, food, housing, and mental health. Since its founding in 1995, our community gardens and environmental education program have increased the knowledge of environmental health issues (clean air and water and the maintenance of a healthy urban ecosystem) and have improved local food security by providing access to affordable fresh produce. Greyston's community gardens consists of 12 gardens, with over 400 individual plots, that offer relaxing, safe, green spaces in yonkers, ny. Annually, the gardeners and their families grow and share over seven tons of organic produce, and learn about nutrition, sustainability, culture, and the environment. This program fosters unity and th”

“Contractual services: program service expenses 191,499. Management and general expenses 121,561. Fundraising expenses 36,160. Total expenses 349,220.”

“Eliminations on the consolidated financial statements 32,320.”

“The finance committee of greyston foundation, inc. Assumes, for all of its related tax exempt organizations, responsibility for oversight of the audit of financial statements and selection of an independent accounting firm. This process did not change from prior year.”