Civic Intelligence

Licensing International Foundation Inc

EIN 81-4406324 • 501(c)3 • New York, NY

Profile

The mission of licensing international foundation, inc. Is to support and nurture the current generation interested in pursuing education in fields of study aligned with or supportive of brand licensing by providing financial assistance in the form of scholarships and encouragement in the form of mentorship to these individuals.

350 Fifth Avenue 6410New York, NY 10118

www.licensing.org

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.19x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

0.33x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

43rd percentile

-0.8%

Higher net margin than 43% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

71st percentile

13%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

29th percentile

-23%

Faster revenue growth than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$334,173

Up $37,560 (+13%) from 2023

Liabilities

Up

$62,616

Up $39,105 (+166%) from 2023

Net Assets

Down

$271,557

Down $1,545 (-0.6%) from 2023

Revenue

Down

$191,467

Down $57,629 (-23%) from 2023

Expenses

Down

$193,012

Down $45,494 (-19%) from 2023

Net Income

Down

-$1,545

Down $12,135 (-115%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2018: $1,517Liabilities 2018: $2,100Net Assets 2018: -$5832018Assets 2019: $5,043Liabilities 2019: $6,068Net Assets 2019: -$1,0252019Assets 2020: $61,372Liabilities 2020: $9,305Net Assets 2020: $52,0672020Assets 2021: $83,946Liabilities 2021: $0Net Assets 2021: $83,9462021Assets 2022: $267,216Liabilities 2022: $4,704Net Assets 2022: $262,5122022Assets 2023: $296,613Liabilities 2023: $23,511Net Assets 2023: $273,1022023Assets 2024: $334,173Liabilities 2024: $62,616Net Assets 2024: $271,5572024

Highlighted filing

2024

Assets$334,173
Liabilities$62,616
Net Assets$271,557

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2018: $247,939Expenses 2018: $248,522Net Income 2018: -$5832018Revenue 2019: $300,845Expenses 2019: $301,287Net Income 2019: -$4422019Revenue 2020: $112,113Expenses 2020: $59,021Net Income 2020: $53,0922020Revenue 2021: $125,544Expenses 2021: $93,665Net Income 2021: $31,8792021Revenue 2022: $221,253Expenses 2022: $42,687Net Income 2022: $178,5662022Revenue 2023: $249,096Expenses 2023: $238,506Net Income 2023: $10,5902023Revenue 2024: $191,467Expenses 2024: $193,012Net Income 2024: -$1,5452024

Highlighted filing

2024

Revenue$191,467
Expenses$193,012
Net Income-$1,545

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 7, 2025
Return Version
2024v5.2
Gross Receipts
$383,022
Mission and Program Overview

Mission

The foundation will provide charitable distributions to qualifying nonprofit organizations in the state of new york and throughout the united states focusing on those working to assist children in need. By providing this charitable giving program, lima foundation will work to improve the quality of life for children throughout the country.

Support and nurture the current generation interested in pursuing education in fields of study aligned with or supportive of brand licensing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$181,293$279,462▲ $98,169
Accounts Receivable$60,499$34,860▼ $25,639
Prepaid Expenses and Deferred Charges$25,120$10,000▼ $15,120
Pledges and Grants Receivable$29,701$9,851▼ $19,850
Total Assets$296,613$334,173▲ $37,560
Liabilities
Accounts Payable and Accrued Expenses$23,511$62,616▲ $39,105
Total Liabilities$23,511$62,616▲ $39,105
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$171,651$246,557▲ $74,906
Net Assets With Donor Restrictions$101,451$25,000▼ $76,451
Total Net Assets Fund Balance$273,102$271,557▼ $1,545
Total Liabilities and Net Assets / Fund Balance$296,613$334,173▲ $37,560
Compensation and Service Providers

Board Members and Trustees

NameTitle
Maura ReganPresident
Carla SilvaDirector
Eric MorseDirector
Jasen WrightDirector
Maca RotterDirector
Marc SchneiderDirector
Rebecca TatlockDirector
Roz NowickiDirector
Sarah BuzbyDirector
Ted LarkinsDirector
Marilu CorpusDirector (thru 1/24)
Maria UngaroSecretary
Virginia McguireTreasurer (thru 4/24)
Revenue and Support

Revenue Composition

Contributions and Grants
$359,897
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-168,430
All Other Contributions
$77,672
Change in Net Assets
$-1,545

Audited Revenue Reconciliation

Revenue per Audited Statements
$191,467
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$172,351
Total Revenue per Audited Statements
$363,818
Total Revenue per Form 990
$191,467
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$156,500
Other Expenses$36,512
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$110,000--$110,000
Foreign Grants$29,000--$29,000
Grants to Domestic Orgs$17,500--$17,500
Fees for Services Accounting-$16,800-$16,800
Other Expenses-$11,892-$11,892
Office Expenses-$6,193-$6,193
Fees for Services Other-$1,000-$1,000
Insurance-$627-$627
Total Functional Expenses$156,500$36,512$0$193,012

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$365,363
Expenses per Audited Statements$193,012
Total Expenses per Form 990$193,012
Expenses Not Reported on Form 990$172,351
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fashion Scholarship FundNew York, NY501(c)(3)Scholarships$12,500

International Summary

Offices
0
Employees
0
Spending
$29,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland)Grants to Recipients Located in the Region-00$19,000
North AmericaGrants to Recipients Located in the Region and Fundraising-00$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$191,555
Fundraising Gross Income$23,125
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Hall of Fame Event$297,100$19,575$23,319$-3,744
Top Golf Fundraiser$8,250$3,550-$3,550
Total Events$305,350$23,125$191,555$-168,430
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
No
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 8B

There are no committees with authority to act on behalf of the governing body.

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

Form 990 and schedules are reviewed in detail by the foundation's president.

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

All board members and officers are required to submit a signed conflict of interest form annually. Any noted conflicts would cause a person to recuse themselves from voting on the item of interest.

Form 990, Part VI, Section C, Line 19

All information is available upon request.

Filing and Contact Details

Filer

Filer Name
Licensing International Foundation Inc
EIN
81-4406324
Phone
6467443741
Address
350 FIFTH AVENUE 6410, NEW YORK, NY 10118

Signing Officer

Name
Maura Regan
Title
President
Phone
6467443741
Signed
2025-08-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maura Regan
Formed
2017
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
11

Preparer

Firm
Eisner Advisory Group LLC
Address
733 THIRD AVENUE, NEW YORK, NY 10017-2703
Preparer
Gina Rachel
Phone
2129498700
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income taxes on related income under section 501(c)(3) of the internal revenue code and applicable state law. The organization may recognize the tax benefit from an uncertain tax position, including its tax-exempt status, only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. There were no unrecognized tax benefits identified or recorded as liabilities for year ended december 31, 2024. The organization files its form 990, return of organization exempt from income tax, in the u.s. Federal jurisdiction and form char 500, annual filing for charitable organizations, with the new york state department of law, charities bureau, annually. At december 31, 2024, the organization's form 990 for the years ended 2021 through 2023 remain subject to examination by the internal revenue service.

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IRS990/PYOtherRevenueAmt0-154249
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt010590
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0238506
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0249096
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1545
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0359897
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0403345
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0356416
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0125544
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0110300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01355502
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt01813
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01813
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82240
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01116298
IRS990ScheduleA/SubstantialContributorsTotAmt0239204
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0359897
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0403345
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0356416
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0125544
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0110300
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01355502
IRS990ScheduleA/TotalSupportAmt01357315
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0172351
IRS990ScheduleD/DonatedServicesUseFcltsAmt0172351
IRS990ScheduleD/ExpensesNotReportedAmt0172351
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0193012
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt0172351
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0191467
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION, INCLUDING ITS TAX-EXEMPT STATUS, ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR YEAR ENDED DECEMBER 31, 2024. THE ORGANIZATION FILES ITS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IN THE U.S. FEDERAL JURISDICTION AND FORM CHAR 500, ANNUAL FILING FOR CHARITABLE ORGANIZATIONS, WITH THE NEW YORK STATE DEPARTMENT OF LAW, CHARITIES BUREAU, ANNUALLY. AT DECEMBER 31, 2024, THE ORGANIZATION'S FORM 990 FOR THE YEARS ENDED 2021 THROUGH 2023 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0193012
IRS990ScheduleD/TotalRevenuePerForm990Amt0191467
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0363818
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0365363
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt019000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt110000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE (INCLUDING ICELAND & GREENLAND)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1NORTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0GRANTS TO RECIPIENTS LOCATED IN THE REGION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1GRANTS TO RECIPIENTS LOCATED IN THE REGION AND FUNDRAISING
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt019000
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt110000
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt1WIRE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt04
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt11
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0EUROPE
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt1NORTH AMERICA
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0SCHOLARSHIPS
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt1SCHOLARSHIP
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt029000
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0APPLICATIONS ARE RECEIVED AND PROCESSED. THE BOARD OF DIRECTORS REVIEW AND MAKE THE FINAL DECISIONS ON WHO SHOULD RECEIVE THE SCHOLARSHIPS. ONCE APPROVED, THE ORGANIZATION MAKES THE SCHOLARSHIP PAYMENTS DIRECTLY TO THE COLLEGE/UNIVERSITY.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt029000
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0282225
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0277525
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt04700
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0191555
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt076477
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt076477
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HALL OF FAME EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0TOP GOLF FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0297100
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08250
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0305350
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt019575
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt03550
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt023125
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-168430
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0893
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0893
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt023319
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt023319
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt085401
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt05465
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt090866
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0110000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/RecipientTable/CashGrantAmt012500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FASHION SCHOLARSHIP FUND
IRS990ScheduleI/RecipientTable/RecipientEIN0208513748
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0224 WEST 35TH STREET SUITE 500
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010001
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0APPLICATIONS ARE RECEIVED AND PROCESSED. THE BOARD OF DIRECTORS REVIEW AND MAKE THE FINAL DECISIONS ON WHO SHOULD RECEIVE THE SCHOLARSHIPS. ONCE APPROVED, THE ORGANIZATION MAKES THE SCHOLARSHIP PAYMENTS DIRECTLY TO THE COLLEGE/UNIVERSITY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 AND SCHEDULES ARE REVIEWED IN DETAIL BY THE FOUNDATION'S PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS AND OFFICERS ARE REQUIRED TO SUBMIT A SIGNED CONFLICT OF INTEREST FORM ANNUALLY. ANY NOTED CONFLICTS WOULD CAUSE A PERSON TO RECUSE THEMSELVES FROM VOTING ON THE ITEM OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL INFORMATION IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00

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