2023-10-20T09:07:23-05:00 2022-12-31 366055558 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2022-01-01 133340675 NY POLICE AND FIRE WIDOWS' & CHILDREN'S BENEFIT FUND INC NYPO 6467319630 150 GREENWICH STREET 29TH FLOOR NEW YORK NY 10007 JOHN NOLAN TREASURER 6467319630 2023-10-20 1 JOHN NOLAN XXX-XX-XXXX 0 DANIEL ROMANO P00504182 2125990100 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ANSWER THE CALL JOHN NOLAN 150 GREENWICH STREET 29TH FLOOR NEW YORK NY 10007 19901994 0 X WWW.ANSWERTHECALL.ORG X 1985 NY SEE SCHEDULE O 27 25 5 100 0 0 5471120 4488655 0 0 11035123 228593 0 0 16506243 4717248 6202500 5678000 0 0 484713 554254 0 0 447289 441755 456914 7128968 6689168 9377275 -1971920 62514402 52531407 154792 309845 62359610 52221562 X SEE SCHEDULE O 0 0 5678000 5678000 0 THE ASSISTANCE GIVEN TO THE FAMILIES GENERALLY CONSISTS OF AN IMMEDIATE PAYMENT UPON DEATH, WHICH IS INTENDED TO HELP WITH ANY IMMEDIATE EXPENSES. IN ADDITION, THE FUND MAKES AN ANNUAL DISTRIBUTION TO EACH OF THE SURVIVING FAMILIES. THE BOARD OF DIRECTORS OF THE FUND DETERMINES THE AMOUNT PAYABLE BASED UPON THE OBJECTIVES AND PERFORMANCE OF THE FUND. 5678000 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 14 0 1 5 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 25 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CO CT FL GA IL MA MD MI NJ NY NC OH PA RI SC WA X X JOHN NOLAN TREASURER 6467319630 150 GREENWICH STREET 29TH FLOOR NEW YORK NY 10007 STEPHEN J DANNHAUSER CHAIRMAN 3.00 0.00 X X 0 0 0 LAWRENCE MVD SCHLOSS VICE CHAIRMAN 1.00 0.00 X X 0 0 0 PHILIP V MOYLES JR PRESIDENT 3.00 0.00 X X 0 0 0 MARK DOUGLAS MESSIER VP OF COMMUNITY AFFAIRS 1.00 0.00 X X 0 0 0 MICHAEL J AIELLO BOARD MEMBER 1.00 0.00 X 0 0 0 PAUL AVERSANO BOARD MEMBER 1.00 0.00 X 0 0 0 GREGORY J BARBACCIA BOARD MEMBER 1.00 0.00 X 0 0 0 KYLE N CRUZ BOARD MEMBER 1.00 0.00 X 0 0 0 WILLIAM F DAWSON JR BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN Q DOYLE BOARD MEMBER 1.00 0.00 X 0 0 0 GERRY FLYNN BOARD MEMBER 1.00 0.00 X 0 0 0 MARTIN J GELLER BOARD MEMBER 1.00 0.00 X 0 0 0 J KEVIN GILGAN BOARD MEMBER 1.00 0.00 X 0 0 0 AISHA HAQUE BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN W KEOGH BOARD MEMBER 1.00 0.00 X 0 0 0 STEPHEN J KETCHUM BOARD MEMBER 1.00 0.00 X 0 0 0 ROBERT LEWIN BOARD MEMBER 1.00 0.00 X 0 0 0 DOTTIE MATTISON BOARD MEMBER 1.00 0.00 X 0 0 0 VERDUN PERRY BOARD MEMBER 1.00 0.00 X 0 0 0 CARRIE REILLY BOARD MEMBER 1.00 0.00 X 0 0 0 MARC ROSENBAUM ESQ BOARD MEMBER 1.00 0.00 X 0 0 0 ANDREW SHAPIRO BOARD MEMBER 1.00 0.00 X 0 0 0 EDWARD SKYLER BOARD MEMBER 1.00 0.00 X 0 0 0 STEVEN STUART BOARD MEMBER 1.00 0.00 X 0 0 0 ANDREW TRICKETT BOARD MEMBER 1.00 0.00 X 0 0 0 HOWARD WEISER BOARD MEMBER 1.00 0.00 X 0 0 0 PETER ZAFFINO BOARD MEMBER 1.00 0.00 X 0 0 0 LAUREN F PROFETA EXECUTIVE DIRECTOR 40.00 0.00 X 232411 0 28269 BRIAN A WALDBAUM SECRETARY (NON-VOTING) 2.00 0.00 X 0 0 0 LAUREN KOSLOW NON-VOTING TREAS.(THRU 2/22)/ASST.TREAS. 5.00 0.00 X 0 0 0 JOHN NOLAN TREASURER (AS OF 2/22) (NON-VOTING) 5.00 0.00 X 0 0 0 RACHEL TROTTA MACINA DEVELOPMENT MANAGER 40.00 0.00 X 117481 0 17196 349892 0 45465 2 0 1 0 0 4011597 477058 71931 4488655 1175850 1175850 13630660 14577917 -947257 -947257 -947257 606829 4011597 606829 0 4717248 0 0 228593 5678000 5678000 260680 260680 242797 100695 142102 13957 2791 11166 36820 7364 29456 74684 74684 55480 55480 3885 3885 4002 4002 162440 162440 5379 5379 75573 75573 BANK SERVICE FEES 55930 55930 STATE REGISTRATION FEES 8082 8082 11459 11459 6689168 5678000 563879 447289 813868 341645 327337 118205 1036450 1496483 136733 188465 60137076 50197559 62938 189050 62514402 52531407 154792 176121 0 133724 154792 309845 X 60388556 50678508 1971054 1543054 62359610 52221562 62514402 52531407 -1971920 -8161049 -5079 0 X 0 1 X 1 0 X 3587588 5261106 4987872 5471120 4488655 23796341 3587588 5261106 4987872 5471120 4488655 23796341 764678 23031663 2112955 1668689 1036397 1917048 1175850 7910939 537918 674367 87968 517693 606829 2424775 34132055 0.67480 0.64980 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPECIAL EVENTS INCOME - 2018 AMOUNT: $ 537,918. 2019 AMOUNT: $ 674,367. 2020 AMOUNT: $ 87,968. 2021 AMOUNT: $ 517,693. 2022 AMOUNT: $ 606,829. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 LEASE LIABILITY 133724 133724 X -2896182 -8161049 547619 -7613430 4717248 0 4717248 7241866 552698 552698 6689168 0 6689168 PART X, LINE 2: FIN 48 FOOTNOTE THE FUND RECOGNIZES THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. MANAGEMENT DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WITHIN ITS FINANCIAL STATEMENTS. CA CO CT FL IL MD MA MI NJ NY NC OH PA RI SC WA ANNUAL GALA 3964409 3520154 444255 365034 2504 13333 63383 ANNUAL GOLF 202188 144803 57385 55176 2208 4 451829 346640 105189 66831 2930 8017 27413 4618426 4011597 606829 487041 5434 21350 93004 606829 0 1 FAMILIES OF POLICE, FIRE AND EMERGENCY RESPONSE 550 5678000 PART I, LINE 2: THE BENEFICIARIES ARE CERTIFIED BY RESPECTIVE DEPARTMENTS AND UNION (NYPD, FDNY, AND PAPD) AND ARE ADDED TO THE DATABASE. THE DATABASE IS ROLLED FORWARD YEAR-TO-YEAR. X X X 0 0 0 0 0 0 0 0 0 LAUREN F PROFETA EXECUTIVE DIRECTOR 221659 0 352 0 10400 0 0 0 28269 0 260680 0 0 0 HUDSON NATIONAL GOLF CLUB SEE PART V 55000 SEE PART V 0 SCHEDULE L, PART IV N.Y. POLICE AND FIRE WIDOWS' & CHILDREN'S BENEFIT FUND HOSTED A FUNDRAISER EVENT AT HUDSON NATIONAL AT A BELOW MARKET RATE. THE AMOUNT PAID WAS $55,000.STEVEN STUART, WHO IS A BOARD MEMBER OF N.Y. POLICE AND FIRE WIDOWS' & CHILDREN'S BENEFIT FUND IS THE PRESIDENT AT HUDSON NATIONAL AND PHILIP V. MOYLES JR., WHO IS THE N.Y. POLICE AND FIRE WIDOWS' & CHILDREN'S BENEFIT FUND'S PRESIDENT IS A BOARD MEMBER AT HUDSON NATIONAL. THESE MEMBERS DID NOT PARTICIPATE IN THE VOTE TO HOST THE FUNDRAISER AT HUDSON NATIONAL. X 8 71931 FMV 0 1 0 FORM 990, PART I, LINE 1 & PART III, LINE 1 BRIEF DESCRIPTION OF THE ORGANIZATION'S MISSION THE PURPOSE OF THE FUND IS TO PROVIDE ASSISTANCE TO THE FAMILIES OF NEW YORK CITY POLICE OFFICERS AND FIREFIGHTERS WHO HAVE BEEN KILLED IN THE LINE OF DUTY. AFTER THE EVENTS OF SEPTEMBER 11, 2001, THE FUND ALSO BEGAN TO PROVIDE ASSISTANCE TO FAMILIES OF PORT AUTHORITY OF NEW YORK AND NEW JERSEY POLICE OFFICERS AND NEW YORK CITY EMERGENCY MEDICAL SERVICE PERSONNEL KILLED IN THE LINE OF DUTY. FORM 990, PART VI, SECTION A, LINE 2 STEVEN STUART (BOARD MEMBER) AND PHILIP V. MOYLES, JR. (PRESIDENT) HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE FUND'S TREASURER. A COPY OF THE DRAFT FORM 990 WAS SENT TO THE BOARD OF DIRECTORS AND TO THE AUDIT COMMITTEE. EACH BOARD AND AUDIT COMMITTEE MEMBER WAS PROVIDED AMPLE OPPORTUNITY TO REVIEW AND COMMENT ON THE INFORMATION CONTAINED IN THE FEDERAL FORM 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY EACH OFFICER, DIRECTOR, EMPLOYEE AND COMMITTEE MEMBER OF THE ORGANIZATION IS REQUIRED TO ANNUALLY DISCLOSE ANY ENTITY OF WHICH SUCH PERSON IS AN OFFICER, DIRECTOR, TRUSTEE, MEMBER, OWNER, OR EMPLOYEE AND WITH WHICH THE ORGANIZATION HAS A RELATIONSHIP, AND ANY TRANSACTION IN WHICH THE ORGANIZATION IS A PARTICIPANT AND IN WHICH THE PERSON MAY HAVE A CONFLICTING INTEREST. IN ADDITION, PRIOR TO THE INITIAL ELECTION OF ANY PROSPECTIVE NEW DIRECTOR, SUCH PROSPECTIVE DIRECTOR MUST COMPLETE, SIGN AND SUBMIT SUCH WRITTEN STATEMENT TO THE SECRETARY OF THE ORGANIZATION. THE ORGANIZATION MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL QUESTIONNAIRE/DISCLOSURE STATEMENT THAT IS DISTRIBUTED TO SUCH PERSONS. POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY PLACES AN AFFIRMATIVE OBLIGATION ON EACH OFFICER, DIRECTOR, EMPLOYEE, AND COMMITTEE MEMBER TO DISCLOSE ANY CONFLICT OF INTEREST, POTENTIAL CONFLICT OF INTEREST, OR APPEARANCE OF A CONFLICT OF INTEREST, INCLUDING, WITHOUT LIMITATION, A RELATED PARTY TRANSACTION, TO THE CHAIR OF THE AUDIT COMMITTEE, WHO MUST DISCLOSE SUCH REPORTED INFORMATION TO THE AUDIT COMMITTEE AND THE BOARD OF DIRECTORS OR THE EXECUTIVE COMMITTEE IN ADVANCE OF ENTERING INTO, OR CONSUMMATING, THE TRANSACTION GIVING RISE TO SUCH CONFLICT OF INTEREST, POTENTIAL CONFLICT OF INTEREST, OR APPEARANCE OF A CONFLICT OF INTEREST. IF THE INDIVIDUAL INVOLVED IN THE CONFLICT OF INTEREST, POTENTIAL CONFLICT OF INTEREST, OR APPEARANCE OF A CONFLICT OF INTEREST IS PRESENT AT THE MEETING AT WHICH SUCH CONFLICT IS DISCUSSED, HE OR SHE MAY PARTICIPATE IN THE FACT-GATHERING PORTION OF THE MEETING BUT MAY NOT PARTICIPATE DURING THE DELIBERATIONS OR VOTE AND IS EXCUSED FROM THE MEETING DURING SUCH DELIBERATIONS AND VOTE. PRIOR TO THE ORGANIZATION ENTERING INTO THE TRANSACTION, AGREEMENT, OR ANY OTHER ARRANGEMENT IN WHICH A PERSON HAS A CONFLICT OF INTEREST, POTENTIAL CONFLICT OF INTEREST, OR APPEARANCE OF A CONFLICT OF INTEREST, THE BOARD OF DIRECTORS OR THE EXECUTIVE COMMITTEE MUST (I) CONSIDER ALTERNATIVE TRANSACTIONS TO THE EXTENT APPLICABLE, (II) DETERMINE THAT THE TRANSACTION IS FAIR AND REASONABLE AND IN THE BEST INTERESTS OF THE ORGANIZATION, (III) APPROVE THE PROPOSED TRANSACTION BY NOT LESS THAN A MAJORITY VOTE OF THE DIRECTORS OR COMMITTEE MEMBERS PRESENT AT THE MEETING, AND (IV) CONTEMPORANEOUSLY DOCUMENT IN WRITING THE BASIS FOR ITS APPROVAL. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION COMPENSATION IS REVIEWED ANNUALLY BY THE CHAIRMAN, PRESIDENT, TREASURER, AND/OR SECRETARY, AND MEMBERS OF THE EXECUTIVE COMMITTEE OF THE FUND. THE FUND REVIEWS MARKET DATA FOR SIMILAR POSITIONS IN SIMILARLY SITUATED ORGANIZATIONS AND WRITTEN DOCUMENTATION OF THE DECISION MAKING PROCESS IS KEPT ON FILE. A COMPENSATION STUDY WAS CONDUCTED IN FEBRUARY 2022. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS TO THE GENERAL PUBLIC THE ORGANIZATION'S FINANCIAL STATEMENTS ARE POSTED ON WWW.GUIDESTAR.ORG, ON THE ORGANIZATION'S WEBSITE, AND ARE AVAILABLE FROM THE ORGANIZATION UPON REQUEST. ALL ORGANIZATIONAL DOCUMENTS, INCLUDING THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE FROM THE ORGANIZATION UPON REQUEST.