2023-11-12T12:48:02-06:00 2022-12-31 871353108 EISNER ADVISORY GROUP LLC 733 THIRD AVENUE NEW YORK NY 100172703 990 2022-01-01 133089956 HUDSON RIVER FOUNDATION FOR SCIENCE AND ENVIRONMENTAL RESEARCH INC HUDS 2124837667 17 BATTERY PLACE 915 NEW YORK NY 10004 JONATHAN KRAMER PRESIDENT 2124837667 2023-11-06 1 JONATHAN KRAMER 999009999 0 CANDICE METH P01306891 2129498700 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JONATHAN KRAMER 17 BATTERY PLACE NEW YORK NY 10004 53626099 0 X WWW.HUDSONRIVER.ORG X 1981 NY MAKES SCIENCE INTEGRAL TO DECISION MAKING & STEWARDSHIP FOR THE HUDSON RIVER (SEE SCHEDULE O) 14 14 15 0 0 0 1989252 8035961 0 0 -224948 18468743 379552 0 2143856 26504704 264776 74126 0 0 2047429 1815483 0 0 0 1116310 1156644 3428515 3046253 -1284659 23458451 47259878 47532882 2957222 4051213 44302656 43481669 X SEE SCHEDULE O. 0 0 2366917 74126 THE PURPOSE OF THE FOUNDATION IS PURSUED THROUGH SUPPORT OF SCIENTIFIC RESEARCH; COMMUNICATION TO EXPAND KNOWLEDGE ABOUT THE HUDSON RIVER AMONG THE SCIENTIFIC COMMUNITY POLICY MAKERS, AND THE PUBLIC AT LARGE; INITIATIVES TO ENHANCE MANAGEMENT OF THE HUDSON ECOSYSTEM; AND EDUCATION ABOUT THE HUDSON RIVER AND PHYSICAL IMPROVEMENTS TO THE RIVERFRONT. 2366917 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X JONATHAN KRAMER 2124837667 17 BATTERY PLACE NEW YORK NY 10004 ROBERT ELLIOTT CHAIR 2.00 X X 0 0 0 ELIZABETH BLAIR DIRECTOR 2.00 X 0 0 0 CHRISTOPHER J DAGGETT DIRECTOR 2.00 X 0 0 0 MARGARETTA A DOWNEY DIRECTOR 2.00 X 0 0 0 MARY C FABRIZIO SECRETARY 2.00 X X 0 0 0 CHARLES J HAMILTON JR DIRECTOR 2.00 X 0 0 0 GENE E LIKENS PHD DIRECTOR 2.00 X 0 0 0 ELIZABETH LOWE DIRECTOR 2.00 X 0 0 0 WILLIAM MATUSZESKI DIRECTOR 2.00 X 0 0 0 BONNIE MCCAY PH D DIRECTOR 2.00 X 0 0 0 ANITA NAGER DIRECTOR 2.00 X 0 0 0 S MACKINTOSH PULSIFER TREASURER 2.00 X X 0 0 0 ERNEST J TOLLERSON III DIRECTOR 2.00 X 0 0 0 SOLOMON B WATSON IV DIRECTOR 2.00 X 0 0 0 JONATHAN KRAMER PRESIDENT 35.00 X 273353 0 0 CARL MARCHESE CONTROLLER 35.00 X 123456 0 49439 CRAY HILES SPECIAL ADVISOR 35.00 X 222626 0 16144 JAMES LODGE PROJECT/GRANT COORDINATOR 35.00 X 163412 0 45483 ROBERT PIRANI NJ/NY HEP DIRECTOR 35.00 X 197809 0 22217 HELENA ANDREYKO GRANTS MANAGER 35.00 X 124419 0 29600 1105075 0 162883 6 0 1 0 HENNINGSON DURHAM & RICHARDSON PC PO BOX 7400-8202 CHICAGO IL 60674 CONSULTING 183918 1 7849064 186897 8035961 291 291 45589847 27121395 18468452 18468452 18468452 26504704 0 0 18468743 X 26126 26126 48000 48000 681868 516718 165150 792290 600380 191910 63082 47804 15278 170854 129473 41381 107389 81378 26011 43101 35312 7789 108148 81954 26194 428608 425536 3072 224729 103195 121534 326487 248209 78278 19599 17773 1826 3655 2770 885 PRINTING AND PUBLISHING 2317 2289 28 3046253 2366917 679336 0 3366204 9380376 1000000 1500000 723429 517309 28501 61105 1332466 1328516 5605 3950 42136139 34512429 0 1557713 47259878 47532882 1215734 1124324 1692970 1296694 48518 1630195 2957222 4051213 X 42296950 35029872 2005706 8451797 44302656 43481669 47259878 47532882 X 23458451 -23892162 -387276 X 0 1 X 1 1 1 X 1581654 1476586 1598276 1989252 8035961 14681729 1581654 1476586 1598276 1989252 8035961 14681729 14681729 55325 -188612 -94269 -298720 291 -525985 172526 245750 207979 379552 0 1005807 15161551 0.96840 0.94110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1059558 1059558 0 213245 210891 2354 59663 58067 1596 3950 LIQUID MARKET FUND A, LP 901164 F GEM GREEN ENDOWMENT FUND, LP 33611265 F 34512429 LEASE LIABILITY 1630195 1630195 X 2637542 -23892162 25000 -23867162 26504704 0 26504704 3458529 412276 412276 3046253 0 3046253 PART X, LINE 2: THE FOUNDATION IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE FOUNDATION, ASC TOPIC 740 IS POTENTIALLY APPLICABLE TO PASS THROUGH INCOME FROM THE FOUNDATION'S LIMITED PARTNERSHIP INVESTMENTS. NONETHELESS, BECAUSE OF THE FOUNDATION'S GENERAL TAX-EXEMPT STATUS, MANAGEMENT BELIEVES ASC TOPIC 740 HAS NOT HAD, AND IS NOT ANTICIPATED TO HAVE, A MATERIAL IMPACT ON THE FOUNDATION'S FINANCIAL STATEMENTS. PART XI LINE 2D - OTHER ADJUSTMENTS CANCELLATION OF GRANTS $25,000 SCHEDULE D, PART XII, LINE 2D DURING THE YEAR THE FOUNDATION INCURRED A LOSS ON UNCOLLECTIBLE ACCOUNTS OF $412,276 1 WATERFRONT ALLIANCE 256 W 36TH STREET NEW YORK NY 10018 134355067 501(C)(3) 12000 0 FMV OUTREACH WEST HARLEM ENVIRONMENT ACTION INC 1854 AMSTERDAM AVENUE NEW YORK NY 10031 133800068 501(C)(3) 6000 0 FMV OUTREACH 2 GRADUATE FELLOWSHIPS 6 48000 FMV SCHEDULE I, PART I, LINE 2 GRANT MONITORING PROCEDURES: ALL GRANTEES ARE REQUIRED TO PROVIDE DETAILED WRITTEN REPORTS ON THE USE OF ALL GRANT FUNDS AND TO DESCRIBE HOW EACH ACTIVITY, TASK, AND GOAL IN A PROPOSAL WAS ACCOMPLISHED. A VERIFIED, DETAILED ACCOUNTING OF ALL EXPENSES ARE REQUIRED. ANY GRANT FUNDS ALREADY DISBURSED, BUT NOT FULLY EXPENDED FOR APPROVED GRANT PURPOSES ARE REQUIRED TO BE RETURNED TO THE FOUNDATION. IN THE CASE OF THE HUDSON RIVER FUND GRANTS, THE APPROVED FUNDS ARE DISBURSED IN INCREMENTS, ACCORDING TO A SET SCHEDULE, UPON RECEIPT OF INTERIM REPORTS ON PROGRAMMATIC PROGRESS AND FINANCIAL ACCOUNTING. A PORTION OF EACH GRANT (TYPICALLY 10% - 15%) IS WITHHELD UNTIL THE FOUNDATION RECEIVES BOTH A SATISFACTORY FINAL REPORT AND A SATISFACTORY FINAL ACCOUNTING OF ALL APPROVED EXPENSES. IN ADDITION, THE FOUNDATION'S GRANT OFFICERS ARE IN FREQUENT DIRECT CONTACT WITH ALL GRANTEES TO REVIEW THE ONGOING PROGRESS OF ALL GRANTS. X X X 0 1 0 0 0 0 0 0 0 JONATHAN KRAMER PRESIDENT 273353 0 0 0 0 0 0 0 0 0 273353 0 0 0 CRAY HILES SPECIAL ADVISOR 120166 0 0 0 102460 0 0 0 16144 0 238770 0 64500 0 ROBERT PIRANI NJ/NY HEP DIRECTOR 197809 0 0 0 0 0 18488 0 3729 0 220026 0 0 0 JAMES LODGE PROJECT/GRANT COORDINATOR 163412 0 0 0 0 0 15690 0 29793 0 208895 0 0 0 CARL MARCHESE CONTROLLER 123456 0 0 0 0 0 6183 0 43256 0 172895 0 0 0 HELENA ANDREYKO GRANTS MANAGER 124419 0 0 0 0 0 0 0 29600 0 154019 0 0 0 SCHEDULE J, PART I, 4B THE FOUNDATION MAINTAINS A 457 (F) DEFERRED-COMPENSATION PLAN FOR ITS OFFICERS. THE FOUNDATION MADE A $37,960 CONTRIBUTION DURING THE YEAR. FORM 990, PART I - LINE 1 & PART III - LINE 1 FOR OVER 40 YEARS, THE FOUNDATION HAS BEEN A LEADING FUNDER AND ADVOCATE FOR SCIENCE AND ENVIRONMENTAL RESEARCH ON THE HUDSON RIVER ESTUARY AND ITS WATERSHED. OUR MISSION IS TO MAKE THAT SCIENCE INTEGRAL TO DECISION-MAKING AND TO SUPPORT COMPETENT STEWARDSHIP OF THIS EXTRAORDINARY RESOURCE. WE PURSUE OUR MISSION WITH ACTIVITIES AND FUNDING THAT EXTEND FROM THE HIGHLY URBANIZED ESTUARINE WATERS OF THE NEW YORK-NEW JERSEY HARBOR TO THE RURAL LANDSCAPES AND COMMUNITIES OF THE HUDSON VALLEY AND ITS WATERSHED ALL TO ACHIEVE OUR VISION OF A RESILIENT, ECOLOGICALLY SOUND RIVER THAT PROVIDES ESSENTIAL SERVICES TO THE MANY DIVERSE COMMUNITIES WHO LIVE HERE. THE HUDSON RIVER FACES MANY CHALLENGES. CLIMATE CHANGE WILL LIKELY RE-SHAPE HOW THIS ECOSYSTEM FUNCTIONS AND THE RELATIONSHIP THAT HUMAN COMMUNITIES SHARE WITH IT. AN ACCEPTABLE FUTURE MUST INCLUDE A SOCIETY THAT EMBRACES EFFORTS TO ACHIEVE DIVERSITY, EQUITY, INCLUSION AND JUSTICE. OUR VISION REQUIRES US TO BE ACTIVE PARTICIPANTS IN MEETING THESE CHALLENGES. THE FOUNDATION HAS SUPPORTED GENERATIONS OF RESEARCHERS FROM YOUNG STUDENTS TO SENIOR SCHOLARS WHO HAVE HELPED US DEFINE HOW THIS REMARKABLE ECOSYSTEM FUNCTIONS. TOGETHER THEY HAVE BUILT A COMPREHENSIVE UNDERSTANDING OF THE BIOLOGICAL AND PHYSICAL CHARACTERISTICS OF THE RIVER AND ESTUARY AND HOW THEY HAVE CHANGED OVER THE DECADES. WE NOW UNDERSTAND WHY THE HUDSON RIVER IS SO IMPORTANT TO COASTWIDE STOCKS OF STRIPED BASS AND HOW POPULATIONS OF ENDANGERED STURGEON CAN BE RESTORED. THERE IS MUCH GREATER CLARITY ABOUT THE DISTRIBUTION AND FATE OF LEGACY POLLUTANTS LIKE PCB'S THAT HAVE HAD IMMENSE IMPACTS AND WILL BE THE FOCUS OF RESTORATION EFFORTS THAT WILL EXTEND OVER MANY YEARS. THE FOUNDATION FUNDED RESEARCH HAS PROVIDED IMPORTANT CLUES TO THE IMPACT OF STORM SURGE BARRIERS THAT MIGHT BE USED TO PROVIDE PROTECTION TO NEW YORK CITY FROM SEVERE STORMS. FOUNDATION STAFF WORK PROVIDE A BRIDGE BETWEEN THE RESEARCH COMMUNITY AND THOSE WHO MAKE DECISIONS ON BEST TO SUSTAIN AND RESTORE THE HUDSON'S WATERS. THE FOUNDATION IS HOME TO THE NEW YORK/NEW JERSEY HARBOR AND ESTUARY PROGRAM (HEP) AND TWO URBAN WATERS AMBASSADORS. HEP IS DEEPLY ENGAGED WITH A NETWORK OF KEY STAKEHOLDERS FROM FEDERAL AND STATE AGENCIES AND LOCAL COMMUNITIES IN NEW YORK AND NEW JERSEY. RECENT EFFORTS FOCUS SPECIFICALLY ON BRINGING FEDERAL FUNDS TO DISADVANTAGED/ENVIRONMENTAL JUSTICE COMMUNITIES TO HELP BUILD THEIR CAPACITY TO ENGAGE IN THE POLICY PROCESS AND SUPPORT RESTORATION EFFORTS IN THEIR COMMUNITIES. THE FOUNDATION IS THE SOURCE OF A WEALTH OF INFORMATION DESIGNED TO MEET THE NEEDS OF MANY AUDIENCES. FOR THE GENERAL PUBLIC, THE FOUNDATION OFFERS RESEARCH RESULTS, REPORTS, AND OPPORTUNITIES FOR EDUCATION. WE ARE ACTIVE CONVENERS OF THE SCIENTIFIC COMMUNITY AND POLICY MAKERS THROUGH SEMINARS, WORKSHOPS AND MEETINGS BOTH IN PERSON AND ONLINE. OUR ROLE AS NEUTRAL, HONEST BROKERS ABLE TO FACILITATE RESPECTFUL, FACT-BASED EXCHANGES THAT BUILD UNDERSTANDING AND TRUST. WE RESPECT AND VALUE THAT ROLE AND LOOK FORWARD TO BUILDING UPON OUR CREDIBILITY THROUGH INNOVATION AND PARTNERSHIPS TO ACHIEVE SHARED GOALS THAT WILL HELP RESTORE AND SUSTAIN THE HUDSON RIVER. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND OUTSIDE COUNSEL, WHO ARE GIVEN THE OPPORTUNITY TO COMMENT OR ASK QUESTIONS PRIOR TO ELECTRONIC FILING. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY AND A STATEMENT DISCLOSING ANY CONFLICTS IS COMPLETED BY OFFICERS, DIRECTORS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED ANNUALLY BY A COMMITTEE OF THE BOARD OF DIRECTORS, WITH THE CONSULTATION AND APPROVAL OF THE FULL BOARD OF DIRECTORS. THE DETERMINATION IS BASED ON A REVIEW OF COMPARABILITY DATA AND IS DOCUMENTED IN THE MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS AT WHICH THE COMPENSATION IS APPROVED. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS FINANCIAL STATEMENTS, AND OTHER SIMILAR INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G SUB CONTRACTORS: PROGRAM SERVICE EXPENSES 425,536. MANAGEMENT AND GENERAL EXPENSES 3,072. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 428,608. FORM 990, PART XI, LINE 9: BAD DEBTS -412,276. CANCELLATION OF GRANT AWARDS 25,000.