2023-08-08T10:02:43-07:00 2022-12-31 200494412 Davis Ward & Hochman LLP 150 E 58th St 20TH Flr New York NY 10155 990 2022-01-01 833283722 HANYC FOUNDATION INC HANY 2127546700 34 EAST 51ST STREET 8TH FLOOR NEW YORK NY 10022 Vijay Dandapani President 2023-08-08 true Vijay Dandapani 999009999 true DAVID H WARD P00828789 2122302600 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Vijay Dandapani 34 EAST 51ST STREET 8TH FLOOR NEW YORK NY 10022 632120 false X www.hanycfoundation.org X 2019 NY The Foundation focuses on three areas:1.Education, by providing scholarships to students who will pursue an associate's or bachelor's degree program in Hospitality2. Crisis relief, by providing short-term hotel stays to individuals experiencing unexpected hardships and3. Efforts to combat Human Trafficking, by providing training to the hotel industry. This will include partnering with individuals and other organizations in order to provide an overview of sex and labor trafficking and their impact on the hotel industry, to discuss common indicators of human trafficking and case examples, to give action steps on how to respond to and prevent human trafficking.The Foundation will organize fundraising events such as an annual Golf Outing and an annual Red Carpet Hospitality Gala, where all proceeds beyond expenses will go directly to the Foundation. We will also organize educational and similar seminars focused on our efforts related to Human Trafficking. 14 13 0 0 19500 57570 0 0 327722 19500 385292 38112 65450 0 0 0 0 23859 70668 61971 136118 -42471 249174 92920 358613 32700 49219 60220 309394 X The HANYC Foundation, Inc. (the Foundation) was organized on January 22, 2019 by the directors of the Hotel Association of New York City, Inc. (the Association) and is a non profit organization exempt from Federal income tax under Section 501(c)(3) of the Internal RevenueCode. The mission of the Foundation is to leverage the talents and resources of all the Associations member hotels and partners in the greater New York City market to focus the philanthropic outreach efforts toward education and crisis relief within the community. To this end the Foundation provides scholarships for students pursuing an associates or bachelors degree in hotel management, human trafficking training for Association members and their staff and hotel stays to individuals and families during unanticipated hardship and crisis. true false 43200 43200 Scholarships granted - The Foundation provides scholarships for students pursuing an associates or bachelorsdegree in hotel management, human trafficking training for Association members and their staff and hotel stays to individuals and families during unanticipated hardship and crisis. 40000 100000 CRISIS RELIEF HOTEL STAYS -On December 21, 2022, the Foundation entered into an agreement (the Agreement) with the City of New York through its Department of Homeless Services (DHS) to act as a third-party administrator to assist DHS with booking, managing, tracking, reporting, and invoicing for hotels service for the emergency procurement of shelter services needed to accommodate the influx of persons who are seeking asylum in the New York City area. In accordance with the Agreement, the Foundation earns administrative fees of $20,000 per month for up to 20 participating hotels plus $1,000 per month for each participating hotel it dministers in excess of 20. For the year ended December 31, 2022, the Foundation earned $100,000. 22250 22250 COMMUNITY ASSISTANCE - CONTRBUTIONS TO CHARITABLE ORGANIZATIONS WHOSE MISSIONS ALIGN WITH THAT OF HANYC FOUNDATION, INC. 105450 true true false false false false false false false false false false false false false true true false false false false false false false true false false true true true false false false false false false false false false false false false false true false true false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 14 13 false false false false false false false true true false false true true true true true true false false false NY X ALBERT FERNANDEZ 2127546700 34 EAST 51ST STREET 8TH FLOOR NEW YORK NY 10022 Vijay Dandapani President 1.00 40.00 X X 0 657842 18300 KATELYNN MORRIS Director 1.00 0.00 X X 0 0 0 JULIE GREENBERG Director 1.00 0.00 X 0 0 0 ROBERT SALEM Director 1.00 0.00 X 0 0 0 KARAMBIR KANG Director 1.00 0.00 X 0 0 0 KATHY MORALES Director 1.00 0.00 X 0 0 0 GABRIELLE DESINTONIO Director 1.00 0.00 X 0 0 0 ALAN STEEL Director 1.00 0.00 X 0 0 0 CHRIS O'SULIVAN Director 1.00 0.00 X 0 0 0 NATALIE BOGAN Director 1.00 0.00 X 0 0 0 PENNY WILLIMANN Director 1.00 0.00 X 0 0 0 HEATHER DAVIS chairperson 1.00 0.00 X 0 0 0 PRADEEP RAMAN Director 1.00 0.00 X 0 0 0 Herv Houdr Director 1.00 0.00 X 0 0 0 657842 18300 0 false true false 0 57570 57570 0 0 0 0 0 0 474550 246828 227722 227722 0 0 SANCTUARY MANAGEMENT FEES 561000 100000 100000 100000 385292 100000 227722 22250 22250 43200 43200 0 0 0 0 0 0 0 0 45000 40000 5000 0 16000 16000 0 0 0 0 0 9668 9668 0 0 0 0 0 0 0 0 0 0 0 136118 105450 30668 0 69545 257613 0 0 101000 0 0 0 0 18375 0 0 0 0 0 0 5000 0 92920 358613 1200 41719 7500 7500 24000 32700 49219 X -26115 250825 86335 58569 60220 309394 92920 358613 249174 X X false true X true false X 133844 11120 19500 57500 221964 305000 305000 0 0 0 438844 11120 19500 57500 526964 0 0 526964 0 0 0 0 438844 11120 19500 57500 526964 X 0.00000 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 632120 246828 246828 385292 385292 382946 246828 246828 136118 136118 Part X : FIN48 Footnote U.S. GAAP REQUIRES EVALUATION OF TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNITION OF A LIABILITY IN THE FINANCIAL STATEMENTS IF THE ASSOCIATION HAS TAKEN UNCERTAIN TAX POSITIONS THAT MORE LIKELY THAN-NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES. AS OF DECEMBER 31, 2022, THE ASSOCIATION HAS DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 FUNDRAISERS DIRECT EXPENSES $246828 Part XII, Line 2d: Other expenses and losses per audited F/S FUNDRAISERS DIRECT EXPENSES $246828 X X X X false NY RED CARPET GALA 405250 405250 190372 GOLF OUTING 63200 63200 46041 1 6100 6100 10415 474550 474550 246828 246828 227722 Part I, Line 2b - Fundraiser Additional Information end of summer event true RESTORE NYC PO Box 1003 Bowling Green New York NY 10274 202390142 20000 0 1 0 Scholarships 17 43200 Grantmaker's Description of How Grants are Used THE ORGANIZATION MAINTAINS RECORDS TO SUBSTANTIATE THE GRANTEE'S USE OF FUNDS. false false false false false false false false false Vijay Dandapani President 657842 18300 676142 Form 990, Part III, Line 2 HOTEL STAY PLACEMENT FOR MIGRANT REFUGEES IN NEW YORK CITY. Form 990, Part VI, Section B, Line 11b AFTER THE CONTROLLER REVIEWS THE FORM 990, IT IS MADE AVAILABLE TO THE EXECUTIVE COMMITTEE, AND THE PRESIDENT WILL THEN APPROVE THE TAX RETURN. Form 990, Part VI, Section B, Line 12c OFFICERS, DIRECTORS, AND EMPLOYEES ARE REQUIRED TO DISCLOSE TO THE BOARD ANY TRANSACTION THAT COULD POTENTIALLY CREATE A CONFLICT OF INTEREST. THE BOARD WILL DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS AND TAKE ACTION THAT THE BOARD DEEMS APPROPRIATE. THE INTERESTED PERSON MUST RECUSE THEMSELVES FROM VOTING ON THE MATTER. DISCUSSIONS CONCERNING CONFLICTS OF INTEREST ARE DOCUMENTED IN THE BOARD MINUTES. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG. Form 990, Part XII, Line 2c THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF INDEPENDENT ACCOUNTANT. HOTEL ASSOCIATION OF NEW YORK CITY INC 34 EAST 51ST STREET 8TH FLOOR NEW YORK NY 10022 130855500 TO PROMOTE THE HOTEL INDUSTRY IN NYC NY 501(C)(6) N/A false false false false false false false false false false false false false true false false false false false false HOTEL ASSOCIATION OF NEW YORK CITY INC m 5000 HOURLY RATES