2023-11-08T12:09:01-06:00 2022-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 245 PARK AVENUE 12TH FLOOR NEW YORK NY 10167 990 2022-01-01 263589491 LANG LANG INTERNATIONAL MUSIC FOUNDATION INC LANG 2125187175 300 WINSTON DRIVE APT 2621 CLIFFSIDE PARK NJ 07010 LESZEK LUKAS BARWINSKI CEO 2125187175 2023-11-08 1 LESZEK LUKAS BARWINSKI 999009999 1 GARRETT M HIGGINS P00543209 2122862600 2023-10-31 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X LESZEK LUKAS BARWINSKI 300 WINSTON DRIVE APT 2621 CLIFFSIDE PARK NJ 07010 2432651 0 X WWW.LANGLANGFOUNDATION.ORG X 2008 DE THE FOUNDATION INSPIRES AND MOTIVATES THE NEXT GENERATION OF MUSIC LOVERS AND PERFORMERS BY ENCOURAGING MUSIC PERFORMANCE AT ALL LEVELS AS A MEANS OF SOCIAL DEVELOPMENT FOR YOUTH; BUILDING SELF-CONFIDENCE AND A DRIVE FOR EXCELLENCE. THE FOUNDATION BELIEVES THAT MUSIC IS THE UNIVERSAL LANGUAGE THAT CAN OPEN OPPORTUNITIES FOR COMMUNICATION, UNDERSTANDING, AND ACCEPTANCE. BY IGNITING A PASSION FOR MUSIC IN YOUTH, THE FOUNDATION HOPES TO BRIDGE CULTURAL GAPS AND HELP UNITE LOCAL AND GLOBAL COMMUNITIES THROUGH CULTURAL EXCHANGE OPPORTUNITIES THROUGH MUSIC. 11 11 4 13 0 0 1239625 2124268 0 0 83798 118836 0 -165821 1323423 2077283 167309 280700 0 0 559528 557321 0 0 319155 416507 647243 1143344 1485264 180079 592019 4432213 4781159 56425 118341 4375788 4662818 X TO SUPPORT, PROMOTE, DEVELOP AND TEACH MUSIC TECHNIQUES THAT FURTHER CHILD DEVELOPMENT, MUSIC APPRECIATION, CULTURAL AWARENESS AND COMMUNITY AND GLOBAL UNITY; AND FUNDRAISING FOR HUMANITARIAN AID. 0 0 623374 280700 0 KEYS OF INSPIRATION (KOI): KEYS OF INSPIRATION IS AN INNOVATIVE MUSIC EDUCATION PROGRAM THAT ENCOURAGES PIANO PERFORMANCE AT ALL LEVELS AS A MEANS OF SOCIAL AND EMOTIONAL DEVELOPMENT FOR YOUTH BY PROVIDING STUDENTS WITH A SAFE CREATIVE OUTLET IN PUBLIC SCHOOLS. THE PROGRAM HAS ESTABLISHED A REPLICABLE PATHWAY INTO THE WORLD OF MUSIC, AND SERVES AS A MODEL FOR MUSIC EDUCATION BEST PRACTICES FOR PUBLIC SCHOOLS ACROSS THE COUNTRY. THE FOUNDATION PARTNERS WITH SCHOOL DISTRICTS ACROSS THE COUNTRY TO IMPLEMENT THE PROGRAM IN TITLE-1 ELEMENTARY SCHOOLS. DESIGNED TO REDEFINE WHAT MUSIC EDUCATION LOOKS LIKE IN AMERICAN PUBLIC SCHOOLS AND INSPIRE CHANGE FROM WITHIN, KOI WEAVES RIGOROUS, KEYBOARD-CENTRIC, MUSICAL INSTRUCTION INTO SELECTED TITLE 1 PUBLIC SCHOOLS' MANDATORY CURRICULUM INTEGRATING GROUP PIANO CLASSES FOR GRADES 2-5, TWICE A WEEK. IN THE KOI PIANO LAB, STUDENTS BUILD SELF-CONFIDENCE, DEVELOP A DRIVE FOR EXCELLENCE, AND CULTIVATE A SENSE OF GROUP AND INDIVIDUAL ACHIEVEMENT. THE KEYS OF INSPIRATION CURRICULUM IS DESIGNED TO INTEGRATE PIANO INTO A SCHOOL'S EXISTING GENERAL MUSIC CURRICULUM, ENHANCING THEIR MUSIC PROGRAM AND PROVIDING STUDENTS WITH A MORE HANDS-ON MUSIC EDUCATION. THE FOUNDATION IS DEDICATED TO CULTIVATING A NATIONAL MUSICAL NETWORK, SPANNING SCHOOL SYSTEMS AND CONNECTING DISTRICT LEADERS, ADMINISTRATORS, TEACHERS, AND STUDENTS.SELECTED SCHOOLS RECEIVE THE FOLLOWING:- CLASSROOM SET (20-30) NEW STATE OF THE ART ROLAND DIGITAL PIANOS AND BENCHES SHIPPED DIRECTLY TO SCHOOLS- RESOURCES AND SUPPORT GUIDES FOR SETTING UP GROUP PIANO CLASSROOMS- YEARLY MAINTENANCE AND BUDGET GUIDES TO HELP PLAN FOR LONG-TERM SUCCESS- MUSIC CURRICULUM DEVELOPED IN COLLABORATION WITH THE ROYAL CONSERVATORY OF MUSIC- SUPPLEMENTAL TRAINING AND ONGOING SUPPORT/PROFESSIONAL DEVELOPMENT FOR MUSIC TEACHERS 240213 0 0 YOUNG SCHOLARS: THE YOUNG SCHOLARS PROGRAM IS A UNIQUE MUSIC EDUCATION INITIATIVE DESIGNED TO IDENTIFY AND SUPPORT EXTRAORDINARILY TALENTED YOUNG PIANISTS IN THEIR PROFESSIONAL AND SOCIAL DEVELOPMENT. EVERY TWO YEARS, THE FOUNDATION WELCOMES A NEW CLASS OF YOUNG SCHOLARS TO THE LLIMF FAMILY. IN PLACE SINCE 2008, THE YOUNG SCHOLARS PROGRAM IS THE LONGEST RUNNING INITIATIVE OF THE FOUNDATION. STUDENTS ARE SELECTED BY LANG LANG AND GARY GRAFFMAN TO RECEIVE FINANCIAL SUPPORT, EXCITING PERFORMANCE OPPORTUNITIES, MASTERCLASSES WITH WORLD-RENOWNED TEACHERS, AND MENTORSHIP. 129995 0 0 UNIQUE MUSIC EVENTS:UNIQUE MUSIC EVENT PROGRAM IS A PART OF OUR FOUNDATION PROGRAM, WHERE WE PROVIDE YOUNG PIANISTS THE CHANCE TO PERFORM AND EXPLORE. WE INVITE YOUNG PIANISTS TO ATTEND AND GET THE CHANCE TO PARTICIPATE IN FUN AND ENGAGING MUSIC PERFORMANCE OPPORTUNITIES. SUCH AS PERFORMING ALONGSIDE WITH LANG LANG ON SPECIAL EVENTS AND RECORDING SESSIONS. OUR FOUNDATION HAS PARTNERSHIPS WITH MANY OTHER ORGANIZATIONS, WHICH ALLOW US TO ORGANIZE UNIQUE PERFORMANCE OPPORTUNITIES. DURING THESE EVENTS, OUR YOUNG SCHOLARS AND/OR PARTICIPANTS WILL GET THE CHANCE TO PERFORM IN FRONT OF MANY DIFFERENT AUDIENCE GROUPS. THIS PROGRAM ALLOWS OUR YOUNG SCHOLARS AND PARTICIPANTS TO LEARN AND ADOPT TO DIFFERENT PERFORMANCE NEEDS AND GROW AS A PERFORMER. SOME OF THE EVENTS WE HAVE DONE IN THE PAST ARE: ANDERMATT SWISS ALPS CLASSICS EVENT WITH LANG LANG, NYC LUNAR NEW YEAR-STUDENT'S DAY AT LINCOLN CENTER, HANGZHOU HIGH 5 EVENT AT NYC GRAND CENTRAL STATION, AND MANY MORE. 52021 0 0 101 PIANISTS: THE 101 PIANISTS PERFORMANCES AIM TO INSPIRE THE NEXT GENERATION OF MUSIC LOVERS AND PERFORMERS BY ENGAGING 100 YOUNG PIANISTS IN A UNIQUE SOCIAL MUSICAL EVENT WITH LANG LANG. IN 2009, LANG LANG BROUGHT 100 PIANISTS TOGETHER FOR A UNIQUE PERFORMANCE THAT PRODUCED SOMETHING GREATER THAN ANY SINGLE PERFORMER COULD CREATE ALONE. TO DATE THIS PROGRAM HAS INSPIRED OVER 100,000 AUDIENCE MEMBERS AND PIANO STUDENTS INTERNATIONALLY.THE EVENT IS A CELEBRATION OF THE BEAUTY AND SOCIAL NATURE OF THE PIANO, AND WE RECREATE THIS MAGIC IN SOME OF THE MOST PRESTIGIOUS INTERNATIONAL VENUES IN CITIES LIKE PARIS, BERLIN, LONDON, HONG KONG, AND ROME.THESE EVENTS HAVE BEEN DESCRIBED BY THE MEDIA AND HOST INSTITUTIONS AS "EXTRAVAGANZAS!" THIS EDUCATIONAL WORKSHOP AND PERFORMANCE PROVIDES A UNIQUE COMMUNITY CENTERED SHOW FOR MUSIC LOVERS OF ALL AGES. 52021 0 0 1045603 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 1 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 14 0 4 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY NJ MD CA MA IL DC X X LESZEK BARWINSKI 2125187175 300 WINSTON DRIVE APT 2621 CLIFFSIDE PARK NJ 07010 LANG LANG FOUNDER & PRESIDENT 2.00 X X 0 0 0 CHRISTOPHER BURCH CHAIR 2.00 X X 0 0 0 DAVID M HRYCK VICE-CHAIR 2.00 X X 0 0 0 CHRISTY CRESSEY DIRECTOR 0.50 X 0 0 0 ANTHONY C HAYES ESQ DIRECTOR (THRU JUNE 2022) 0.50 X 0 0 0 DAVID W HSIEH DIRECTOR 0.50 X 0 0 0 JONATHAN LAM POON DIRECTOR 0.50 X 0 0 0 AMY MEI YIN LAM POON DIRECTOR 0.50 X 0 0 0 JOSEPH T RALLO DIRECTOR (AS OF JUNE 2022) 0.50 X 0 0 0 ELIZABETH SEGERSTROM DIRECTOR 0.50 X 0 0 0 JOAN WEILL DIRECTOR (THRU JUNE 2022) 0.50 X 0 0 0 SANFORD WEILL DIRECTOR & CHAIRMAN EMERITUS 0.50 X 0 0 0 KYLE WOOL DIRECTOR 0.50 X 0 0 0 LESZEK BARWINSKI CEO/SECRETARY/TREASURER 60.00 X 270041 0 66903 270041 0 66903 1 0 1 0 0 1233200 891068 38360 2124268 119714 119714 9769 9769 0 0 125000 125878 -878 -878 -878 53900 1233200 219721 -165821 -165821 2077283 0 0 -46985 X 205132 205132 50110 50110 25458 25458 336944 182555 47071 107318 150351 144766 3402 2183 7184 5104 705 1375 22589 16049 2217 4323 40253 29040 3650 7563 94000 43200 45400 5400 14013 10510 1401 2102 256244 168537 7509 80198 23447 23447 44817 26173 3404 15240 23084 18467 1385 3232 37001 29138 2868 4995 141977 59102 82875 906 906 LICENSE FEES 11754 8815 588 2351 1485264 1045603 120506 319155 378094 1169081 1030766 740943 0 75000 54321 11626 11867 10885 1888 982 2532685 2286980 414659 438243 19800 58304 4432213 4781159 50038 79398 6387 0 38943 56425 118341 X 4250788 4572818 125000 90000 4375788 4662818 4432213 4781159 592019 -304989 0 X X 0 1 X 1 0 X 2047494 644345 672870 1239625 2124268 6728602 2047494 644345 672870 1239625 2124268 6728602 2138820 4589782 19168 63075 61268 68925 119714 332150 749 749 7061501 947982 0.65000 0.59670 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: VENDOR REFUND - OTHER - 2018 AMOUNT: $ 749. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 11867 10885 982 982 PRIVATE REAL ESTATE FUNDS 229037 F PRIVATE CREDIT FUNDS 209206 F 438243 RIGHT OF USE LIABILITY 38943 38943 X 2414648 -304989 642354 337365 2077283 0 2077283 2127618 642354 642354 1485264 0 1485264 PART X, LINE 2: THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR THE PERIODS PRIOR TO 2019. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES YOUNG SCHOLARS, KEYS ON INSPIRATION, AND OUTREACH. 25350 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 25458 0 0 0 0 0 0 50808 0 50808 EUROPE (INCLUDING ICELAND & GREENLAND) KEYS ON INSPIRATION 25458 WIRE 0 1 0 0 0 0 0 0 0 PART I, LINE 2: THE FOUNDATION INTERVIEWS THE HEAD OF THE CANDIDATE SCHOOLS PRIOR TO THE FINAL SELECTION PROCESS. AFTER A REVIEW OF DATA GATHERED ABOUT EACH CANDIDATE SCHOOL, THE BOARD MAKES A FINAL SELECTION OF THE GRANTEE SCHOOL(S). ALL GRANTEE SCHOOLS ARE REQUIRED TO PROVIDE BI-ANNUAL REPORTS REGARDING THE STUDENT PROGRESS AND ACCOMPLISHMENTS IN THE PROGRAM. THE FOUNDATION ALSO DOES REGULAR CHECK-INS TO ALL KEYS TO INSPIRATION PROGRAM SCHOOLS TO ASSURE PROGRAM IMPLEMENTATION IS COMPLIANT WITH THE MISSION OF THE FOUNDATION AND PROGRAM OBJECTIVES. ALL PROGRAM EXPENSES FOR THE KEYS TO INSPIRATION ARE RECORDED IN THE BOOKS AND RECORDS OF THE FOUNDATION ACCORDING TO GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THE FOUNDATION ALSO MAINTAINS GRANT FILES ON EACH GRANTEE THAT INCLUDES ALL PRE-GRANT INQUIRY DATA, THE EXPENSE REPORTS AND PROGRAM REPORTS FROM THE GRANTEE. PART I, LINE 3: THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING TO ACCOUNT FOR ITS FOREIGN EXPENDITURES. PART III ACCOUNTING METHOD: GALA 1287100 1233200 53900 66403 114958 38360 1287100 1233200 53900 66403 114958 38360 219721 -165821 1 GUILFORD ELEMENTARY SCHOOL 920 STAGE COACH TRAIL GREENSBORO NC 27410 566000522 STATE OF NC 21092 0 KEYS OF INSPIRATION REEDY FORK ELEMENTARY SCHOOL 4571 REEDY FORK PARKWAY GREENSBORO NC 27405 566000522 STATE OF NC 18989 0 KEYS OF INSPIRATION ELIOT STREET ELEMENTARY SCHOOL 721 SUMMER AVE NEWARK NJ 07104 226002140 STATE OF NJ 21742 0 KEYS OF INSPIRATION CAMDEN STREET ELEMENTARY SCHOOL 281 CAMDEN STREET NEWARK NJ 07103 226002140 STATE OF NJ 18752 0 KEYS OF INSPIRATION NORTHEAST COMMUNITY PROPEL ACADEMY 7500 ROWLAND AVENUE PHILADELPHIA PHILADELPHIA PA 19136 236004102 STATE OF PA 21092 0 KEYS OF INSPIRATION SOLIS-COHEN SCHOOL 7001 HORROCKS STREET PHILADELPHIA PA 19149 236004102 STATE OF PA 17587 0 KEYS OF INSPIRATION NORTH CHARLESTON ELEMENTARY SCHOOL 4921 DURANT AVE NORTH CHARLESTON SC 29405 576000322 STATE OF SC 20623 0 KEYS OF INSPIRATION ST JAMES ELEMENTARY SCHOOL 9711 ST JAMES ROAD MYRTLE BEACH SC 29588 576000322 STATE OF SC 20623 0 KEYS OF INSPIRATION 8 0 TOBER GRANT 12 50110 PART I, LINE 2: THE FOUNDATION SOLICITS RECOMMENDATIONS FROM THE DEPARTMENT OF EDUCATION FOR PUBLIC SCHOOLS AS GRANTEE CANDIDATES FOR THE KEYS OF INSPIRATION PROGRAM. ALL CANDIDATE SCHOOLS MUST HAVE A POPULATION IN WHICH A MINIMUM OF 75% OF STUDENTS PARTICIPATE IN THE FREE LUNCH PROGRAM. THE FOUNDATION INTERVIEWS THE PRINCIPALS OF THE CANDIDATE SCHOOLS PRIOR TO THE FINAL SELECTION PROCESS. AFTER A REVIEW OF DATA GATHERED ABOUT EACH CANDIDATE SCHOOL, THE BOARD MAKES A FINAL SELECTION OF THE GRANTEE SCHOOL(S). ALL GRANTEE SCHOOLS ARE REQUIRED TO PROVIDE BI-ANNUAL REPORTS REGARDING THE STUDENT PROGRESS AND ACCOMPLISHMENTS IN THE PROGRAM. THE FOUNDATION ALSO MAKES REGULAR VISITS TO ALL KEYS TO INSPIRATION PROGRAM SCHOOLS TO ASSURE PROGRAM IMPLEMENTATION IS COMPLIANT WITH THE MISSION OF THE FOUNDATION AND PROGRAM OBJECTIVES. ALL PROGRAM EXPENSES FOR THE KEYS TO INSPIRATION ARE RECORDED IN THE BOOKS AND RECORDS OF THE FOUNDATION ACCORDING TO GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THE FOUNDATION ALSO MAINTAINS GRANT FILES ON EACH GRANTEE THAT INCLUDES ALL PRE-GRANT INQUIRY DATA, THE EXPENSE REPORTS AND PROGRAM REPORTS FROM THE GRANTEE. THE DONALD TOBER FUND IS AN ANNUAL GRANT, USED TO PROVIDE FINANCIAL SUPPORT FOR ALUMNI OF THE FOUNDATION'S YOUNG SCHOLARS PROGRAM. IN ORDER TO RECEIVE FINANCIAL SUPPORT FROM THE DONALD TOBER FUND, THE APPLICANTS MUST MEET THE CERTAIN CRITERIA. THE FOUNDATION WILL ASSESS THE ELIGIBILITY OF FUNDING PURPOSES RELATED TO ENHANCING AND DEVELOPING THE APPLICANT'S MUSICAL SKILLS AND CAREER ON A CASE-BY-CASE BASIS. EACH APPLICANT MAY REQUEST A MAXIMUM OF $5,000 IN FUNDING. THE FOUNDATION WILL DISBURSE FUNDS ON A FIRST-COME, FIRST-SERVE BASIS. AFTER REVIEW, WE REACH OUT TO EACH RECIPENT WITH THE AMOUNT THEY WILL BE RECEIVING FROM THE FUND AND A GRANT AGREEMENT. THE PROGRAM MANAGER WORKS CLOSELY WITH THE RECIPENTS AND COLLECTS AND RECORDS ALL THEIR EXPENSE RECEIPTS AS REQUIRED BY THE GRANT AGREEMENT. A REPORT WILL BE MADE AT THE END OF THE YEAR TO SHOW RECORD OF THE FUNDING DISBURSEMENT AND IN WHICH AREA THE RECIPIENTS ARE USING THE FUNDING FOR. X X X 0 0 0 0 0 0 0 0 0 LESZEK BARWINSKI CEO/SECRETARY/TREASURER 266477 0 0 0 3564 0 16577 0 50326 0 336944 0 0 0 X GIFT BAGS 1 30800 COST X CHOCOLATES 1 7560 COST 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B). FORM 990, PART I, QUESTION 5, AND PART V, QUESTION 2A: THE ORGANIZATION CONTRACTED WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR SERVICES, INCLUDING BUT NOT LIMITED TO, PAYROLL, TIMEKEEPING, EMPLOYEE BENEFITS, HR ADMINISTRATION AND WORKFORCE REGULATORY COMPLIANCE NEEDS. AS THE EMPLOYER OF RECORD FOR TAX PURPOSES, FORMS W-2 AND W-3 ARE ISSUED BY THE PEO AND FILED UNDER THE PEO'S FEDERAL EIN. IN THIS CO-EMPLOYMENT ARRANGEMENT, THE ORGANIZATION IS THE COMMON LAW EMPLOYER AND, ACCORDINGLY, COMPENSATION IS REPORTED ON FORM 990, PART VII, SECTION A AND PART IX, LINES 5-10. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING BOARD DIRECTORS HAVE A FAMILY RELATIONSHIP: - SANFORD I. WEILL AND JOAN WEILL - JONATHAN LAM POON AND AMY MEI YIN LAM POON FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM, AND THEN REVIEWED BY THE CHAIRMAN. ONCE APPROVED BY THE CHAIRMAN, A COMPLETE COPY IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH COVERS ALL DIRECTORS, OFFICERS, AND EMPLOYEES OF THE ORGANIZATION, IN WHICH THEY MUST ANNUALLY DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST. THEY ARE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS. THE BOARD REVIEWS ALL POTENTIAL CONFLICTS OF INTEREST AND DETERMINES WHETHER A CONFLICT EXISTS AND WHETHER TO APPROVE THE CORRESPONDING MATTER. THE PERSON WITH WHOM THE CONFLICT OR POTENTIAL CONFLICT INVOLVES IS RECUSED FROM THE DELIBERATIONS AND VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A A SUBCOMMITTEE OF THE BOARD OF DIRECTORS IS CHARGED WITH THE RESPONSIBILITY OF ESTABLISHING COMPENSATION FOR THE FOUNDATION'S EXECUTIVE DIRECTOR. THE BOARD USES INFORMATION OBTAINED FROM FORM 990'S OF SIMILAR ORGANIZATIONS TO ASSIST IN ESTABLISHING A SALARY RANGE AND RELATED FRINGE BENEFITS. THE BOARD APPROVES THE FINAL COMPENSATION PACKAGE. THIS AGREEMENT IS REVIEWED IN CONCERT WITH THE FOUNDATION'S OPERATING BUDGET ON AN ANNUAL BASIS. THE EXECUTIVE DIRECTOR HAS AN EMPLOYMENT AGREEMENT WHICH IS REVIEWED ANNUALLY IN CONCERT WITH THE ORGANIZATION'S OPERATING BUDGET. THE PROCESS LAST OCCURRED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. IN ADDITION, FORMS 990 AND 1023, AS WELL AS THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BYLAWS ARE AVAILABLE UPON WRITTEN REQUEST OF THE FOUNDATION OR BY CALLING THE FOUNDATION AT 212-518-7175. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 158,149. MANAGEMENT AND GENERAL EXPENSES 6,730. FUNDRAISING EXPENSES 78,380. TOTAL EXPENSES 243,259. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 10,388. MANAGEMENT AND GENERAL EXPENSES 779. FUNDRAISING EXPENSES 1,818. TOTAL EXPENSES 12,985. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE FOR THE OVERSIGHT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.