Civic Intelligence

Louis D Srybnik Foundation Inc.

990 • Fiscal year 2023 • EIN 27-1884792

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 12, 2024

150 W 56th Street 4003New York, NY 10019

(914) 478-0503

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.00x

Higher debt load relative to assets than 71% of similar nonprofits.

2023 filings • NTEE T • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

73rd percentile

0.00x

Higher debt load relative to revenue than 73% of similar nonprofits.

2023 filings • NTEE T • $5M-$10M nonprofits • Source year 2023

Net Margin

4th percentile

-655%

Higher net margin than 4% of similar nonprofits.

2023 filings • NTEE T • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

83rd percentile

$53,921

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 64.3% of source-year revenue.

2023 filings • NTEE T • $5M-$10M nonprofits • Source year 2023

Asset Growth

35th percentile

-2.5%

Faster asset growth than 35% of similar nonprofits.

2023 filings • NTEE T • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

10th percentile

-76%

Faster revenue growth than 10% of similar nonprofits.

2023 filings • NTEE T • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Down

$6,796,194

Down $176,018 (-2.5%) from 2022

Net Assets

Down

$6,795,917

Down $176,295 (-2.5%) from 2022

Liabilities

Up

$277

Up $277 from 2022

Revenue

Down

$83,867

Down $272,650 (-76%) from 2022

Expenses

Down

$633,017

Down $169,443 (-21%) from 2022

Net Income

Down

-$549,150

Down $103,207 (-23%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2019: $8,533,930Liabilities 2019: $113Net Assets 2019: $8,533,8172019Assets 2020: $8,152,578Liabilities 2020: $113Net Assets 2020: $8,152,4652020Assets 2021: $7,995,757Liabilities 2021: $16,207Net Assets 2021: $7,979,5502021Assets 2022: $6,972,212Liabilities 2022: $0Net Assets 2022: $6,972,2122022Assets 2023: $6,796,194Liabilities 2023: $277Net Assets 2023: $6,795,9172023Assets 2024: $6,894,010Liabilities 2024: $513Net Assets 2024: $6,893,4972024

Highlighted filing

2023

Assets$6,796,194
Liabilities$277
Net Assets$6,795,917

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $6,282,527Expenses 2019: $326,304Net Income 2019: $5,956,2232019Revenue 2020: $441,937Expenses 2020: $519,946Net Income 2020: -$78,0092020Revenue 2021: $137,889Expenses 2021: $637,693Net Income 2021: -$499,8042021Revenue 2022: $356,517Expenses 2022: $802,460Net Income 2022: -$445,9432022Revenue 2023: $83,867Expenses 2023: $633,017Net Income 2023: -$549,1502023Revenue 2024: $268,489Expenses 2024: $665,393Net Income 2024: -$396,9042024

Highlighted filing

2023

Revenue$83,867
Expenses$633,017
Net Income-$549,150
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.1
Gross Receipts
$1,915,013
Mission and Program Overview

Mission

A non-profit organization that contributes funds and provides support through direct annual grants and also works with and provides services to 501(c)(3) non-profit organizations to increase public awareness, funding, support and (continued on schedule o)(continued from page 2) implementation for a) programs that enable young people under the age of 35 in the arts, education, science, religion, health, safety, fitness, personal rehabilitation and medical care b) programs to provide safety and medical care for children and animals and c) programs in medical research.

SEE PART III, LINE 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$6,972,212$6,795,917▼ $176,295
Investments in Publicly Traded Securities$5,395,904$5,197,827▼ $198,077
Savings and Temporary Cash Investments$718,396$892,877▲ $174,481
Investments Other Securities$456,830$491,326▲ $34,496
Cash and Non-Interest-Bearing Accounts$391,367$211,071▼ $180,296
Land, Buildings, and Equipment, Net$5,021$3,087▼ $1,934
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$6,972,212$6,796,194▼ $176,018
Other Assets Total$4,694$6▼ $4,688
Liabilities
Other Liabilities$0$277▲ $277
Total Liabilities$0$277▲ $277
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,972,212$6,795,917▼ $176,295
Total Liabilities and Net Assets / Fund Balance$6,972,212$6,796,194▼ $176,018

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,087$7,052$10,139
Other Securities$491,326--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scarlett MacfarlaneProgram Director/DirectorPT$14,400$39,521$53,921
Leslie FoglesongSecretary/treasurer/DirectorPT$13,600$26,400$40,000
Darby Macfarlane TramontinePresident/directorPT-$34,721$34,721
Lynda RufoVice President/directorPT$16,800$17,400$34,200
Edward MahoneyDir./audit Committee Chair-$9,600$24,600$34,200
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$99,892
Other Revenue
$-16,025
Change in Net Assets
$-549,150
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$319,710
Grants and Similar Amounts Paid$180,000
Salaries, Compensation, and Employee Benefits$133,307
Total Fundraising Expense$7,800
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$180,000--$180,000
Occupancy$92,159--$92,159
Fees for Services Accounting$10,251$73,521-$83,772
Current Officers, Directors, Trustees, and Key Employees$33,460$28,660$7,800$69,920
Other Salaries and Wages$54,000--$54,000
Advertising$37,922--$37,922
Fees for Service Investment Mgmnt Fees-$21,192-$21,192
Fees for Services Other$16,717$3,418-$20,135
Office Expenses$9,873$4,861-$14,734
Insurance$5,766$1,922-$7,688
Information Technology$5,739--$5,739
Payroll Taxes$4,944--$4,944
Other Employee Benefits$4,443--$4,443
Fees for Services Legal$2,108$2,107-$4,215
Depreciation Depletion$1,934--$1,934
Other Expenses$9,640$250-$250
Total Functional Expenses$468,956$156,261$7,800$633,017
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
United WayWest Palm Beach, FL501(c)(3)Graduate and Thrive Program and Mentoring Programs$105,000
United WayWhite Plains, NY501(c)(3)United2read Early Reading Program for Underprivileged and Second Language Children$15,000
Bard CollegeAnnandale on Hudson, NY501(c)(3)Scholarships, and 2 Year College With High School for Underserved Students$10,000
Bergen County Horse Rescue IncMahwah, NJ501(c)(3)Horse Rescue for Abused Animals$10,000
EVA'S VILLAGEPaterson, NJ501(c)(3)Empower Individuals Suffering From Hunger, Poverty, Homelessness, and Addiction$10,000
Max Planck Florida CorporationJupiter, FL501(c)(3)Dementia Medical Research$10,000
National Capital Trtmt & Rec (phoenix House)Arlington, VA501(c)(3)Drug and Substance Abuse Treatment & Recovery for Adolescents and Single Mothers$10,000
Young Audiences IncNew York, NY501(c)(3)National Art and Education Program for Low Income School Districts and for Students With Special Needs Learning Disabilities and Second Language Students.$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$277
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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, Part VI, Section A, Line 2

Darby macfarlane tramontine, president/director, and scarlett macfarlane, program director/director, have a family relationship.

Form 990, Part VI, Section B, Line 11B

The return is prepared by an independent accountant based on financial information, is distributed to the audit committee and approved by the board members prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

All board members are required to complete and sign a conflict of interest policy disclosure form on an annual basis, which is then reviewed by the board of directors.

Form 990, Part VI, Section B, Line 15B

The board of directors used the help of independent counsel and independent compensation advisors to study and render legal opinion for appropriate compensation for the board of directors, key personnel, and other professionals.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Louis D Srybnik Foundation
EIN
27-1884792
Phone
9144780503
Address
150 W 56TH STREET 4003, NEW YORK, NY 10019

Signing Officer

Name
Darby Macfarlane Tramontine
Title
President
Phone
9144780503
Signed
2024-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Darby Macfarlane Tramonti
Formed
2010
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
0
Employees
1
Volunteers
0

Preparer

Firm
Schulman Lobel Llp
Address
1001 AVENUE OF THE AMERICAS, NEW YORK, NY 10018
Preparer
Adam Reiss
Phone
2128685781
Supplemental Narrative

Additional Explanations

Amended Form 990 - Part I, Line 7B

The net unrelated business taxable income from form 990-t decreased from $35,892 to $8,551. The investment activities are now aggregated as permitted under the final regulations issued under irc section 512(a)(6)(c).

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IRS990/Desc0PROVIDES SUPPORT THROUGH DIRECT GRANTS AND PROVIDES PROMOTIONAL SUPPORT AND SERVICES TO RAISE PUBLIC AWARENESS, FUNDING AND SUPPORT FOR PROGRAMS FOR MEDICAL CARE FOR ANIMALS, EDUCATION, AND PERSONAL REHABILITATION/SUBSTANCE ABUSE RECOVERY, BENEFITTING PERSONS UNDER THE AGE OF 35 FOR THREE 501(C)(3) ORGANIZATIONS.A) NATIONAL CAPITAL TREATMENT AND RECOVERY PROGRAMSNATIONAL CAPITAL TREATMENT AND RECOVERY (NCTR) IS A NON-PROFIT BEHAVIORAL HEALTHCARE ORGANIZATION SPECIALIZING IN THE TREATMENT AND PREVENTION OF SUBSTANCE USE AND CO-OCCURRING MENTAL HEALTH DISORDERS. ESTABLISHED IN 1943, NCTR PROVIDES AN IMPORTANT RESOURCE TO ADOLESCENT BOYS AND GIRLS STRUGGLING WITH ADDICTION AND (CONTINUED ON SCHEDULE O)(CONTINUED FROM PAGE 2) SERVED MORE THAN 40,000 PATIENTS. AN AVERAGE OF OVER 70 PERCENT OF PATIENTS IN ALL OF NCTR'S TREATMENT PROGRAMS SUCCESSFULLY COMPLETE THE ENTIRE PROGRAM, WELL OVER THE NATIONAL AVERAGE. NCTR PROGRAMS OFFER A WIDE RANGE OF TREATMENT AND RECOVERY SERVICES, FROM OUTPATIENT TO INTENSIVE RESIDENTIAL TREATMENT, INCLUDING MOTHERS WITH CHILDREN, SECOND LANGUAGE PROGRAMS AND A FULL CONTINUUM OF CARE.B) BERGEN COUNTY HORSE RESCUE, INC.THE PROGRAM RECUES, REHABILITATES AND PROVIDES SANCTUARY FOR ABUSED OR NEGLECTED HORSES BY CARING FOR THEM, BODY, MIND AND SOLE. WITH THE ASSISTANCE OF LOYAL ANIMAL CONTROL OFFICERS AND VETERINARIANS AND THROUGH THE DEDICATION AND COMMITMENT OF TALENTED VOLUNTEERS THE PROGRAM PROVIDES AN ENVIRONMENT WHERE THE HORSES CAN LIVE SAFELY WITHIN A HERD SETTING. THE PROGRAM CONTRIBUTED TO VETERINARY CARE FOR THE HORSES AND SUPPORT FOR THEIR INDOOR MEDICAL TREATMENT AREA CLINIC AND QUARANTINE AREA FOR THE HORSES THAT MAY FALL ILL OR NEW ARRIVALS. THIS AREA IS ALSO USED AS AN EDUCATIONAL AREA FOR THE PUBLIC, CHILDREN/YOUNG ADULTS, INCLUDING SPECIAL NEEDS GROUPS, SUBSTANCE ABUSE, GIRL AND BOY SCOUT PROGRAMS BEING INSTRUCTED ON CARE FOR ABUSED OR NEGLECTED HORSES.C) EVA'S VILLAGE, INC.EVA'S VILLAGE, INC. OF NEW JERSEY PROVIDES CARE AND SUPPORT FOR PEOPLE WHO ARE STRUGGLING WITH POVERTY, HUNGER, HOMELESSNESS, AND ADDICTION. THEIR PROGRAMS PROVIDE A RECOVERY COMMUNITY INCLUDING FOOD, SHELTER, ADDICTION AND MENTAL HEALTH TREATMENT, CHILDCARE, MEDICAL CARE AND HOUSING. THE PROGRAM PROVIDING INTENSIVE TREATMENT AND CASE MANAGEMENT TO ADDRESS ADDICTION ALSO INCLUDES CHILDCARE AND AFTER SCHOOL EDUCATION FOR CHILDREN OF PARENTS IN PROGRAMS AT EVA'S VILLAGE. IT IS ONE OF THE MOST RESPECTED PROGRAMS IN NEW JERSEY WITH TWENTY INTEGRATED PROGRAMS AND IS ONE OF THE ONLY PROGRAMS WHERE MOTHERS CAN LIVE WITH AND CARE FOR THEIR CHILDREN WHILE WORKING ON THEIR RECOVERY. EVA'S VILLAGE RELIES ON SUPPORT FOR THEIR ABILITY TO CONTINUE DELIVERING THESE VITAL SERVICES TO MOTHERS AND THEIR CHILDREN.
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IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDES SUPPORT THROUGH DIRECT ANNUAL GRANTS AND PROVIDES PROMOTIONAL SERVICES TO FURTHER PROVIDE SUPPORT AND RAISE PUBLIC AWARENESS, FUNDING AND SUPPORT FOR PROGRAMS IN EDUCATION, BENEFITTING PERSONS UNDER THE AGE OF 35 INCLUDING GRANTS, WEBSITE DESIGN AND SOCIAL MEDIA SUPPORT FOR TWO 501(C)(3) FOUNDATIONS.A) UNITED WAY PROGRAM #1: UNITED-2-READ EARLY LITERACY PROGRAM FOR UNDERPRIVILEGED CHILDREN FOCUSES ON EARLY LITERACY SO CHILDREN CAN READ ON LEVEL AT END OF 3RD GRADE OF SCHOOL FOSTERING SUCCESSFUL STUDENTS AND STABLE FAMILIES AND HOUSEHOLDS BY PROVIDING SUPPORT TO STUDENTS MOST IN NEED. THE PROGRAM IS CURRENTLY IN ITS 7TH YEAR AND SINCE INCEPTION HAS PROVIDED 20,000 CHILDREN'S BOOKS (CONTINUED ON SCHEDULE O)(CONTINUED FROM PAGE 2) AND 5,000 READING KITS TO UNDERPRIVILEGED PRE-SCHOOL AGE CHILDREN. THE PROGRAM IS AN ONGOING PROGRAM THROUGHOUT THE YEAR, DISTRIBUTED TO PARENTS AND CAREGIVERS, OR EARLY CHILDHOOD CENTERS AND DAYCARE LOCATIONS WHO ASSIST IN IMPLEMENTING THE READING KIT CURRICULUM TO THE CHILDREN. RECENTLY THE PROGRAM WAS SELECTED BY SCHOLASTICS, THE GLOBAL CHILDREN'S PUBLISHING COMPANY, AS A RECIPIENT OF 5,000 FREE NEW CHILDREN'S BOOKS. UNITED WAY REGULARLY ACKNOWLEDGES VOLUNTEERS AND DONORS THROUGHOUT THE READING KIT PROCESS AS WITHOUT THEM THE PROJECT WOULD NOT BE POSSIBLE. PROGRAM #2: THE GRADUATE AND THRIVE AND MENTORING PROGRAM/HELPING YOUR SUCCES STRATEGY IS INVESTED IN LONG-TERM OUTCOMES OF OUR YOUTH BY HELPING THEM ACHIEVE THEIR FULL POTENTIAL THROUGH EDUCATION ASSISTANCE AND MENTORING. OUR HELPING YOUTH SUCCEED STRATEGY INCLUDES GRADUATE AND THRIVE AND MENTORING. GRADUATE AND THRIVE HELPS PREPARE YOUTH FOR EMPLOYMENT, PREPARE YOUTH FOR EDUCATION BEYOND HIGH SCHOOL, ACADEMIC ACHIEVEMENT (PROMOTION TO THE NEXT GRADE AND PASSING GRADES IN ENGLISH AND MATH), AND DEVELOP LIFE SKILLS. MENTORING MATCHES YOUTH WITH A MENTOR, ENSURING THEY HAVE ACCESS TO A POSITIVE CARING RELATIONSHIP WITH A NON-PARENTAL ADULT. THERE ARE VARIOUS TYPES OF MENTORING INCLUDING: GROUP MENTORING, SCHOOL OR SITE-BASED MENTORING OR COMMUNITY-BASED MENTORING. A NEW STRATEGY WHICH BEGAN IN 2021-2022, MATCHES YOUTH WHO ARE AT-RISK OF ENTERING OR ARE ALREADY IN THE JUVENILE JUSTICE OR DEPENDENCY SYSTEMS WITH A MENTOR. RESEARCH SHOWS THAT STUDENTS WHO PARTICIPATE IN MENTOR RELATIONSHIPS WITH A NON-PARENTAL ADULT MISS FEWER SCHOOL DAYS, ARE LESS LIKELY TO PARTICIPATE IN NEGATIVE BEHAVIORS AND MORE LIKELY TO GRADUATE ON TIME. WITH ALL THAT OUR WORLD IS FACING TODAY, IT'S MORE IMPORTANT THAN EVER FOR KIDS TO HAVE A CARING ADULT IN THEIR LIFE WHO WILL ENCOURAGE AND EMPOWER THEM THROUGH REAL LIFE DECISIONS. UNITED WAY FUNDS AND SUPPORTS 26 MENTOR PROGRAMS. UNITED WAY'S MENTOR CENTER CURRENTLY HAS 1,050 YOUTH ARE ON A WAITLIST FOR A MENTOR. THIS FUNDING SUPPORTS OUR YOUTH, IN PART BY LOWERING THE WAITLIST FOR MENTEES TO RECEIVE A MENTOR CONTINUING TO HELP OUR YOUTH SUCCEED IN LIFE. THIS WILL BE ACCOMPLISHED BY HELPING FACILITATE QUALITY MENTOR RELATIONSHIPS, PROMOTE ACADEMIC ACHIEVEMENT, AND PREPARE YOUTH FOR EMPLOYMENT AND POSTSECONDARY EDUCATION. DURING FISCAL YEAR 2020-2021, UNITED WAY SERVED A TOTAL OF 11,927 CLIENTS THROUGH 46 FUNDED PROGRAMS AND RESULTED IN 100% OF YOUTH GRADUATING FROM HIGH SCHOOL AND 96% OF YOUTH ENROLLING IN A 2-OR 4-YEAR INSTITUTION OR CERTIFICATE PROGRAM. FOR YOUTH MENTORED FOR A MINIMUM OF SIX MONTHS, 84% DEVELOPED LIFE SKILLS SUCH AS MAINTAINED OR IMPROVED EFFECTIVE PROBLEM-SOLVING SKILLS, DEVELOPED COPING MECHANISMS FOR DEALING WITH STRESS, OR DEVELOPED INTERPERSONAL SKILLS, AND 94% MAINTAINED SATISFACTORY SCHOOL ATTENDANCE, WITH 10 OR FEWER ABSENT DAYS DURING THE SCHOOL YEAR. B) BARD COLLEGEBARD COLLEGE'S BARD HIGH SCHOOL EARLY COLLEGE PROGRAM FOR DISADVANTAGED YOUNG PEOPLE IN PUBLIC SCHOOLS. BARD EARLY COLLEGE LEADS A NATIONAL NETWORK OF PUBLIC HIGH SCHOOLS THAT ENABLE DISADVANTAGED YOUNG PEOPLE TO COMPLETE TWO YEARS OF TUITION FREE COLLEGE EDUCATION CREDIT DURING THE TRADITIONAL FOUR YEARS OF HIGH SCHOOL. THIS M
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IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDES SUPPORT THROUGH DIRECT ANNUAL GRANTS AND PROVIDING PROMOTIONAL SERVICES TO FURTHER PROVIDE SUPPORT AND RAISE PUBLIC AWARENESS, FUNDING AND SUPPORT FOR PROGRAMS IN EDUCATION, AND MEDICAL RESEARCH BENEFITTING PERSONS UNDER THE AGE OF 35 INCLUDING GRANTS AND SUPPORT FOR TWO NATIONAL/INTERNATIONAL 501(C)(3) FOUNDATIONS:A) YOUNG AUDIENCES, INC. FOR THEIR NATIONAL ART IN EDUCATION PROGRAM. THE YOUNG AUDIENCES (YA) PROGRAM IS THE LARGEST ART IN EDUCATION PROGRAM PROVIDER IN THE UNITED STATES, REACHING NEARLY 5,000,000 STUDENTS ANNUALLY IN 26 STATES. YA HAS EXPANDED ARTS-INTEGRATED LEARNING OPPORTUNITIES INTO SCHOOL DISTRICTS FOR LOW-INCOME COMMUNITIES AND FOR STUDENTS WITH SPECIAL NEEDS, LEARNING DISABILITIES AND SECOND LANGUAGE LEARNERS. (CONTINUED ON SCHEDULE O)(CONTINUED FROM PAGE 2) THIS FUNDING IS FOR YOUNG AUDIENCES PROGRAM DEVELOPMENT IN THE AREA OF HEALING CENTERED TRAUMA INFORMED AND SOCIAL EMOTIONAL LEARNING (SEL) PROFESSIONAL LEARNING AND CLASSROOM COACHING IN COMBINATION WITH ARTS INTEGRATION AND THE TRAUMA-INFORMED AND RESPONSIVE PRACTICES PROGRAM (TARP) IN THREE SITES NATIONWIDE - BOSTON, MIAMI, AND NEW ORLEANS. THESE PROGRAMS ADDRESS THE URGENT NEEDS OF YOUNG LEARNERS NAVIGATING THE PANDEMIC BY SUPPORTING SCHOOL COMMUNITIES IN THREE CITIES WITH IN DEPTH CUSTOMIZED TRAUMA-INFORMED AND CULTURALLY RESPONSIVE AND SUSTAINING ARTS IN EDUCATION RESIDENCES WHICH CREATE LARGE-SCALE NATIONAL LEARNING NETWORKS, AND INCLUDE IMPLEMENTATION OF TARP RESIDENCY PROGRAMS IN SCHOOL AND OUT OF SCHOOL TIME SETTINGS. B) MAX PLANCK FLORIDA CORPORATION FOR NEUROSCIENCES (MPFI) BRINGS TOGETHER EXCEPTIONAL NEUROSCIENTISTS FROM AROUND THE WORLD TO ANSWER FUNDAMENTAL QUESTIONS ABOUT BRAIN DEVELOPMENT AND FUNCTION AND TO DEVELOP NEW TECHNOLOGIES THAT MAKE GROUNDBREAKING SCIENTIFIC DISCOVERIES POSSIBLE. MPFI IS PART OF THE WORLD RENOWNED MAX PLANCK SOCIETY WITH 84 INSTITUTES COMMITTED TO INNOVATION AND ADVANCEMENT IN ALL AREAS OF BASIC SCIENTIFIC RESEARCH. SINCE ITS ESTABLISHMENT IN 1948, 19 NOBEL LAUREATES HAVE EMERGED FROM THE RANKS OF ITS SCIENTISTS. IT HAS PRODUCED 15,000 PUBLICATIONS, MORE THAN 3,000 INVENTIONS AND OVER 90 SPIN-OFF COMPANIES, PUTTING IT ON PAR WITH THE MOST PRESTIGIOUS RESEARCH INSTITUTIONS IN THE WORLD. AS AN ADDED COMPONENT TO MPFI'S MISSION, TRAINING THE SCIENTISTS OF TOMORROW HAS BECOME ONE OF UNIVERSAL IMPORTANCE TO MPFI. ONE PROGRAM FUNDED WAS THE RESEARCH ON WHAT FUELS MEMORY FORMATION - INVESTIGATING MITACHONDRIAL FUNCTION AND IDENTIFYING MAJOR ENERGYS SINKS DURING SYNAPTIC PLASTICITY - AFFECTING NEURODEGENERATION AND DEMENTIA.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LONG TERM RELATIONSHIP WITH MANAGEMENT/BOARD AND FREQUENT CONVERSATIONS AND COMMUNICATIONS AS TO THEIR PROGRESS ON PROGRAMS WE SUPPORT.
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