2023-11-13T06:52:47-06:00 2022-12-31 390859910 BAKER TILLY US LLP 1500 RXR PLAZA WEST TOWER UNIONDALE NY 11556 990 2022-01-01 844265021 TOMORROWS HOPE FOUNDATION II INC TOMO 5167457611 50 CHARLES LINDBERGH BLVD STE 500 UNIONDALE NY 11553 RICHARD CONNIFF TREASURER 5167457611 2023-11-09 1 RICHARD CONNIFF XXX-XX-XXXX 0 ELLEN M LABITA CPA P00140777 6317527400 2023-11-09 X 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z LEWIS S RANIERI 50 CHARLES LINDBERGH BLVD STE 500 UNIONDALE NY 11553 3954249 0 X HTTP://WWW.TOMORROWSHOPEFOUNDATION.ORG X 2019 NY TO SUPPORT THE CATHOLIC EDUCATIONAL ACTIVITIES ON LONG ISLAND THROUGH SCHOLARSHIPS AND FUNDING TO CATHOLIC SCHOOLS ON LONG ISLAND, AND TO ENCOURAGE A RENEWED COMMITMENT TO SUCH SCHOOLS. 42 42 6 67 0 0 4329186 3799834 0 0 0 0 0 -102141 4329186 3697693 2986445 3300496 0 0 578683 674274 0 0 493292 401610 511896 3966738 4486666 362448 -788973 3247800 2531752 1378891 1451816 1868909 1079936 TO SUPPORT THE CATHOLIC EDUCATIONAL ACTIVITIES ON LONG ISLAND THROUGH SCHOLARSHIPS AND FUNDING TO CATHOLIC SCHOOLS ON LONG ISLAND, AND TO ENCOURAGE A RENEWED COMMITMENT TO SUCH SCHOOLS. 0 0 3650447 3300496 0 TO SUPPORT THE CATHOLIC EDUCATIONAL ACTIVITIES ON LONG ISLAND THROUGH SCHOLARSHIPS AND FUNDING TO CATHOLIC SCHOOLS ON LONG ISLAND, AND TO ENCOURAGE A RENEWED COMMITMENT TO SUCH SCHOOLS. 3650447 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 6 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 42 42 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X ISMINI SCOURAS 5167457630 50 CHARLES LINDBERGH BLVD STE 500 UNIONDALE NY 11553 LEWIS S RANIERI CHAIRMAN/PRESIDENT 2.00 0.00 X X 0 0 0 FRANK P LIANTONIO VICE CHAIRMAN/VICE PRESIDENT 4.00 0.00 X X 0 0 0 RICHARD CONNIFF VICE CHAIRMAN/TREASURER 4.00 0.00 X X 0 0 0 CHRISTOPHER TULLY VICE CHAIRMAN/SECRETARY 3.00 0.00 X X 0 0 0 CAROLYNN LUCCA BLACK DIRECTOR 1.00 0.00 X 0 0 0 PATRICK R BOWE DIRECTOR 1.00 0.00 X 0 0 0 JEFFREY R BYRNES DIRECTOR 1.50 0.00 X 0 0 0 PAUL CLAGNAZ DIRECTOR 1.50 0.00 X 0 0 0 PATRICK CURTIN DIRECTOR 1.00 0.00 X 0 0 0 KATHLEEN DEEGAN DICKSON DIRECTOR 1.00 0.00 X 0 0 0 STEPHEN V DESIMONE DIRECTOR 1.00 0.00 X 0 0 0 MATTHEW EMANUELO DIRECTOR 1.00 0.00 X 0 0 0 VICKI FERRARA DIRECTOR 2.00 0.00 X 0 0 0 KATHLEEN MGIAMO DIRECTOR 1.00 0.00 X 0 0 0 MARY RYAN GONZALEZ DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL SEAN GRANT DIRECTOR 1.50 0.00 X 0 0 0 DENNIS HARRINGTON DIRECTOR 1.00 0.00 X 0 0 0 MOST REV RICHARD G HENNING DIRECTOR 1.50 0.00 X 0 0 0 MATTHEW HESLIN DIRECTOR 1.50 0.00 X 0 0 0 BERNADETTE KASNICKI DIRECTOR 4.00 0.00 X 0 0 0 MARGUERITE KIRCHER DIRECTOR 3.00 0.00 X 0 0 0 RICK A LAZIO DIRECTOR 1.00 0.00 X 0 0 0 RONALD LO RUSSO DIRECTOR 1.00 0.00 X 0 0 0 DAVID LYNCH DIRECTOR 1.00 0.00 X 0 0 0 FJ MCCARTHY CCIM DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL MCCARTHY DIRECTOR 1.50 0.00 X 0 0 0 FRANK MELACCIO DIRECTOR 1.50 0.00 X 0 0 0 MICHAEL MERLO DIRECTOR 1.00 0.00 X 0 0 0 CATHERINE T MUSCENTE DIRECTOR 1.50 0.00 X 0 0 0 GERALD D PIETROFORTE DIRECTOR 1.00 0.00 X 0 0 0 MARMELINE PETION-MIDY DIRECTOR 1.00 0.00 X 0 0 0 PETER QUICK DIRECTOR 1.50 0.00 X 0 0 0 SALVATORE RESTIVO DIRECTOR 1.50 0.00 X 0 0 0 MICHAEL D SAPRAICONE DIRECTOR 2.00 0.00 X 0 0 0 MAUREEN T SCADUTO DIRECTOR 2.00 0.00 X 0 0 0 BRIAN T SHEA DIRECTOR 1.00 0.00 X 0 0 0 BERNADETTE CASEY SMITH DIRECTOR 2.00 0.00 X 0 0 0 MICHAEL SPINELLI MD DIRECTOR 1.00 0.00 X 0 0 0 PETER D TAMSEN DIRECTOR 1.00 0.00 X 0 0 0 GLENN TYRANSKI DIRECTOR 1.50 0.00 X 0 0 0 JOSEPH YOUNG DIRECTOR 1.00 0.00 X 0 0 0 MARGARET YORK DIRECTOR 4.00 0.00 X 0 0 0 ISMINI SCOURAS EXECUTIVE DIRECTOR 35.00 0.00 X 180501 0 4931 180501 0 4931 1 0 1 0 0 1474153 2325681 3799834 154415 1474153 256556 -102141 -102141 3697693 0 0 -102141 3097324 3097324 203172 203172 185432 55629 27815 101988 346636 44922 157407 144307 44568 7824 16583 20161 64334 12091 22515 29728 33304 6260 11655 15389 18015 18015 60704 60704 131128 7291 12073 111764 50151 1508 869 47774 19865 5562 14303 214426 214426 9448 9448 MISCELLANEOUS 8159 281 7878 4486666 3650447 342927 493292 2536322 1757735 103475 411981 71937 40396 643279 321639 536066 321640 3247800 2531752 117079 137112 1261812 1314704 1378891 1451816 X 3889 -76019 1865020 1155955 1868909 1079936 3247800 2531752 -788973 0 X 0 1 X 1 0 X 2346449 4329186 3799834 10475469 2346449 4329186 3799834 10475469 3866651 6608818 12828 123349 154415 290592 10766061 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING EVENTS - 2020 AMOUNT: $ 12,828. 2021 AMOUNT: $ 123,349. 2022 AMOUNT: $ 154,415. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 643279 321639 321640 321640 SCHOLARSHIPS PAYABLE 1314704 1314704 X 3781935 84242 84242 3697693 0 3697693 4570908 84242 84242 4486666 0 4486666 PART X, LINE 2: IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION (ASC) SUBTOPIC 740, INCOME TAXES, THF II ACCOUNTS FOR UNCERTAINTIES IN INCOME TAXES RECOGNIZED IN ITS FINANCIAL STATEMENTS USING A THRESHOLD OF MORE-LIKELY-THAN-NOT. MANAGEMENT EVALUATED THF II'S TAX POSITION AND CONCLUDED THAT THF II HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. STARS FOR STUDENTS SCHOLARSHIP GALA 1059049 1009557 49492 4795 49492 40598 GOLF OUTING 339046 293446 45600 45000 13300 9839 2 230473 171150 59323 59323 500 33709 1628568 1474153 154415 49795 122115 500 84146 256556 -102141 1 HOLY CHILD ACADEMY 25 STORE HILL ROAD OLD WESTBURY NY 11568 111903681 501(C)(3) 10000 0 TUITION ASSISTANCE HOLY FAMILY SCHOOL 17 FORDHAM AVENUE HICKSVILLE NY 11801 111681136 501(C)(3) 96222 0 TUITION ASSISTANCE HOLY NAME OF MARY SCHOOL 90 SOUTH GROVE STREET VALLEY STREAM NY 11580 111674177 501(C)(3) 88910 0 TUITION ASSISTANCE LONG BEACH CATHOLIC REG 735 W BROADWAY LONG BEACH NY 11561 112227363 501(C)(3) 35841 0 TUITION ASSISTANCE MARIA REGINA SCHOOL 4045 JERUSALEM AVENUE SEAFORD NY 11040 111847126 501(C)(3) 31275 0 TUITION ASSISTANCE NOTRE DAME SCHOOL 25 MAYFAIR RAOD NEW HYDE PARK NY 11040 112017403 501(C)(3) 61395 0 TUITION ASSISTANCE OUR LADY OF GUADALUPE CATHOLIC SCHOOL OF LONG ISLAND 105 HALF HOLLOW ROAD DEER PARK NY 11727 863782530 501(C)(3) 381770 0 TUITION ASSISTANCE OUR LADY OF THE HAMPTONS REGIONAL SCHOOL 160 NORTH MAIN STREET SOUTHAMPTON NY 11968 061066827 501(C)(3) 155537 0 TUITION ASSISTANCE OUR LADY OF LOURDES SCHOOL 76 PARK BLVD MALVERNE NY 11565 111710987 501(C)(3) 30995 0 TUITION ASSISTANCE OUR LADY OF PEACE SCHOOL 21 FOWLER AVENUE LYNBROOK NY 11563 111674176 501(C)(3) 63590 0 TUITION ASSISTANCE OUR LADY QUEEN OF APOSTLES REGIONAL SCHOOL 2 SAINT JOHNS PLACE CENTER MORICHES NY 11934 113112867 501(C)(3) 84083 0 TUITION ASSISTANCE OUR LADY OF VICTORY SCHOOL 2 BELLMORE STREET FLORAL PARK NY 11001 111735973 501(C)(3) 71015 0 TUITION ASSISTANCE ST AGNES CATHEDRAL SCHOOL 70 CLINTON AVENUE ROCKVILLE CENTRE NY 11570 111633528 501(C)(3) 96555 0 TUITION ASSISTANCE ST AIDAN SCHOOL 510 WILLIS AVENUE WILLISTON PARK NY 11596 111672792 501(C)(3) 61370 0 TUITION ASSISTANCE ST ANNE SCHOOL 25 DARTMOUTH STREET GARDEN CITY NY 11530 111666878 501(C)(3) 83995 0 TUITION ASSISTANCE ST BRIGIDOUR LADY OF HOPE REGIONAL SCHOOL 101 MAPLE AVENUE WESTBURY NY 11590 112347433 501(C)(3) 144194 0 TUITION ASSISTANCE ST DOMINIC ELEMENTARY SCHOOL 35 SCHOOL STREET OYSTER BAY NY 11771 111829148 501(C)(3) 97016 0 TUITION ASSISTANCE ST EDWARD THE CONFESSOR SCHOOL 2 TEIBROOK AVENUE SYOSSET NY 11791 111724743 501(C)(3) 29895 0 TUITION ASSISTANCE ST ELIZABETH ANN SETON REGIONAL SCHOOL 2341 WASHINGTON AVENUE BELLMORE NY 11710 113119795 501(C)(3) 56320 0 TUITION ASSISTANCE ST JOHN PAUL II REGIONAL SCHOOL 515 MARCY AVENUE RIVERHEAD NY 11901 824776322 501(C)(3) 90295 0 TUITION ASSISTANCE ST JOSEPH SCHOOL 450 FRANKLIN AVENUE GARDEN CITY NY 11530 111761492 501(C)(3) 91285 0 TUITION ASSISTANCE ST MARTIN DE PORRES 530 HEMPSTEAD BLVD UNIONDALE NY 11553 501(C)(3) 291563 0 TUITION ASSISTANCE ST MARTIN OF TOURS SCHOOL 30 UNION AVENUE AMITYVILLE NY 11701 112630852 501(C)(3) 76560 0 TUITION ASSISTANCE ST MARY ELEMENTARY SCHOOL 1340 NORTHERN BLVD MANHASSET NY 11030 111642728 501(C)(3) 81379 0 TUITION ASSISTANCE ST MARY SCHOOL 16 HARRISON AVENUE EAST ISLIP NY 11730 111681129 501(C)(3) 104333 0 TUITION ASSISTANCE ST PATRICK SCHOOL MONTAUK HIGHWAY BAY SHORE NY 11706 112304504 501(C)(3) 199708 0 TUITION ASSISTANCE ST PATRICK SCHOOL 360 MAIN STREET HUNTINGTON NY 11743 112016247 501(C)(3) 56110 0 TUITION ASSISTANCE ST PATRICK SCHOOL 284 E MAIN STREET SMITHTOWN NY 11787 111710988 501(C)(3) 70790 0 TUITION ASSISTANCE STS PHILIP AND JAMES SCHOOL 359 CLINTON AVENUE ST JAMES NY 11780 112776286 501(C)(3) 45660 0 TUITION ASSISTANCE ST ROSE OF LIMA SCHOOL 4704 MERRICK ROAD MASSAPEQUA NY 11758 111814003 501(C)(3) 69685 0 TUITION ASSISTANCE ST WILLIAM THE ABBOT SCHOOL 2001 JACKSON AVENUE SEAFORD NY 11783 111676512 501(C)(3) 60295 0 TUITION ASSISTANCE TRINITY REGIONAL SCHOOL 1025 FIFTH AVENUE EAST NORTHPORT NY 11731 113111495 501(C)(3) 42415 0 TUITION ASSISTANCE THE DE LA SALLE SCHOOL 87 PINE STREET FREEPORT NY 11520 131837418 501(C)(3) 10500 0 TUITION ASSISTANCE HOLY ANGELS REGIONAL SCHOOL 1 DIVISION STREET PATCHOGUE NY 11772 113121525 501(C)(3) 96990 0 TUITION ASSISTANCE 34 0 TECHNOLOGY GRANT-INTERNET ASSISTANCE 32 203172 PART I, LINE 2: ALL GRANT FUNDS ARE PAID DIRECTLY TO LOCAL SCHOOLS, ALL OF WHICH ARE RECOGNIZED AS 501(C)(3) ORGANIZATIONS. TOMORROW'S HOPE FOUNDATION RECEIVES CONFIRMATION IN EACH INSTANCE THAT THE FUNDS WERE APPLIED FOR THE PURPOSE(S) FOR WHICH THE GRANT WAS MADE, INCLUDING FOR TUITION PAYMENTS OR PROGRAMMATIC EXPENDITURES. IF IN ANY INSTANCE IT BECOMES IMPOSSIBLE OR IMPRACTICABLE FOR GRANT FUNDS TO BE APPLIED FOR THE PURPOSE(S) FOR WHICH THEY WERE RECEIVED, THE GRANT RECIPIENTS, I.E. THE SCHOOLS, ARE REQUIRED TO INFORM TOMORROW'S HOPE FOUNDATION AND EITHER RETURN THE UNUSED FUNDS OR APPLY THEM TO A PURPOSE APPROVED BY TOMORROW'S HOPE FOUNDATION. STUDENTS RECEIVED CONNECTIVITY SERVICES THROUGH VERIZON AS A RESULT OF THE TECHNOLOGY GRANT. ONLY STUDENTS WHO QUALIFIED FOR TOMORROW'S HOPE SCHOLARSHIP ASSISTANCE QUALIFIED FOR THE TECHNOLOGY GRANT. X 0 0 0 0 0 0 0 0 0 ISMINI SCOURAS EXECUTIVE DIRECTOR 180501 0 0 0 0 0 4931 0 0 0 185432 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MARGARET YORK, BOARD MEMBER, AND LEWIS S. RANIERI, CHAIRMAN/PRESIDENT, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE SEVEN (7) MEMBERS. THE SEVEN MEMBERS SHALL BE (1) THE DIOCESAN BISHOP, OR IN CASE OF A VACANT SEE, THE ONE EQUIVALENT IN CANON LAW TO THE DIOCESAN BISHOP, SUCH AS THE DIOCESAN OR APOSTOLIC ADMINISTRATOR, WHO SHALL ACT IN PLACE OF THE DIOCESAN BISHOP UNTIL THE SEE IS NO LONGER VACANT, (2) THE VICAR GENERAL OF THE DIOCESE OF ROCKVILLE CENTRE (THE "DIOCESE") OR, IN THE CASE OF A VACANT SEE, THE ONE WHO LAST HELD THE OFFICE OF VICAR GENERAL AT THE TIME THE SEE BECAME VACANT, (3) THE CHIEF FINANCIAL OFFICER (DIRECTOR OF FINANCE) OF THE DIOCESE; (4) THE CHAIR OF THE CORPORATION'S BOARD OF DIRECTORS (SOMETIMES REFERRED TO HEREIN AS THE "BOARD"), WHO SHALL SERVE AS CHAIR OF MEETINGS OF THE MEMBERS, (5) TWO VICE-CHAIRS OF THE CORPORATION'S BOARD, AND (6) AN INDIVIDUAL, WHO IS A BAPTIZED CATHOLIC IN FULL COMMUNION WITH THE CHURCH, ELECTED BY A MAJORITY VOTE OF THE OTHER SIX MEMBERS. IN THE EVENT THAT THE CORPORATION HAS MORE THAN TWO VICE-CHAIRS, THE TWO VICE-CHAIRS WHO SHALL BE MEMBERS SHALL BE CHOSEN BY A MAJORITY VOTE OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7A ELECTED DIRECTORS SHALL BE ELECTED AT THE ANNUAL MEETING OF THE BOARD OF DIRECTORS. PRIOR TO THE ANNUAL MEETING, THE EXECUTIVE COMMITTEE WILL DEVELOP A LIST OF POTENTIAL DIRECTORS, AS WELL AS A LIST OF THOSE CURRENT DIRECTORS WHO ARE TO BE CONSIDERED FOR REELECTION TO THE BOARD, AND WILL PRESENT SUCH LIST TO THE MEMBERS FOR APPROVAL BY UNANIMOUS VOTE. FORM 990, PART VI, SECTION A, LINE 7B ARTICLE III, ARTICLE IV A.10, ARTICLE IV.C, AND ARTICLE XI OF THE BYLAWS SHALL NOT BE AMENDED WITHOUT THE APPROVAL OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PRESENTED TO THE BOARD BY THE TREASURER OF TOMORROW'S HOPE FOUNDATION II FOR REVIEW BEFORE FILING WITH IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL SUCH MATTERS ARE PRESENTED TO THE EXECUTIVE COMMITTEE WHO SENDS IT TO THE BOARD FOR APPROVAL. A CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED TO THE BOARD ON AN ANNUAL BASIS AND IS MONITORED BY SENIOR MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION WAS DETERMINED AND APPROVED BY BOARD LEADERSHIP BASED ON THE COMPENSATION OF SIMILAR POSITIONS IN THE AREA, AS WELL AS COMPARABLE TO THE COMPENSATION FROM THE EXECUTIVE DIRECTOR'S PREVIOUS EMPLOYMENT OF SIMILAR NATURE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.