2024-10-30T16:44:48-04:00 2024-06-30 030410574 VICTOR J CANNISTRA CPA PC 43 KENSICO DR FL 2 MOUNT KISCO NY 10549 990 2023-07-01 831551889 COME TO BELIEVE FOUNDATION COME 2129403832 PO BOX 786 NEW YORK NY 10150 SAMUEL ADAMS CHIEF OPERATIONS OFF 2129403832 2024-10-29 true false VICTOR J CANNISTRA CPA P00287273 9142413605 2024-10-29 2023 2024-10-15 13:58:12Z REV STEPHEN KATSOUROS SJ PO BOX 786 NEW YORK NY 10150 3424307 false X WWW.CTBNETWORK.ORG X 2018 IL TO PROVIDE HIGHER EDUCATION INSTITUTIONS WITH AN INNOVATIVE, RESULTS- ORIENTED COLLEGE MODEL THAT IS INCLUSIVE AND ACCESSIBLE TO STUDENTS WHO ARE OFTEN UNDERREPRESENTED AT SELECTIVE UNIVERSITIES. 17 16 5 16 0 1048614 2867344 0 15893 60272 733 0 1065240 2927616 128500 1242500 0 467968 352351 0 283899 386974 576556 983442 2171407 81798 756209 2063723 2795514 68018 20745 1995705 2774769 TO PROVIDE HIGHER EDUCATION INSTITUTIONS WITH AN INNOVATIVE, RESULTS- ORIENTED COLLEGE MODEL THAT IS INCLUSIVE AND ACCESSIBLE TO STUDENTS WHO ARE OFTEN UNDERREPRESENTED AT SELECTIVE UNIVERSITIES. false false 1620517 1242500 (1) TO PROVIDE CONSULTATION AND FINANCIAL SUPPORT TO COLLEGES AND UNIVERSITIES THAT WANT TO ADOPT THE COME TO BELIEVE TWO-YEAR COLLEGE MODEL, (THE "CTB MODEL") OFFERING LIBERAL ARTS EDUCATION TO A DIVERSE POPULATION, INCLUDING INDIVIDUALS FROM LOW INCOME FAMILIES AND WHOM ARE THE FIRST IN THEIR FAMILY TO PURSUE HIGHER EDUCATION, (2) TO PROVIDE FORMATION AND TRAINING FOR THE DEANS AND THE BOARDS OF COLLEGES AND UNIVERSITIES RELATING TO THE ADOPTION OF THE CTB MODEL; AND (3) TO RESEARCH AND STUDY, AUTHOR, PUBLISH, AND DISTRIBUTE LITERATURE AND OTHER MEDIA AND ENCOURAGE PUBLIC DISCOURSE ON ISSUES PERTINENT TO THE CTB MODEL. 1620517 true true false false false false false false false false false false false false false true true false false false false false false false false false false true false true false false false false false false true false true false false false false false false false false true 5 0 5 false false false false false false false false false false false false false X 17 16 false false false false false false false true true false false true true true true true true true true false IL NY X X SAMUEL ADAMS 2129403832 PO BOX 786 NEW YORK NY 10150 REV STEPHEN KATSOUROS SJ PRES & CEO 40.00 X X 9500 0 0 SAMUEL ADAMS CHIEF OPERAT 40.00 X 168865 0 23646 MARK ARMSTRONG TREASURER 0.50 X X 0 0 0 REV ROBERT REISER SJ TRUSTEE 0.50 X 0 0 0 REV TIMOTHY LANNON SJ TRUSTEE 0.50 X 0 0 0 ALICIA DONAHUE TRUSTEE 0.50 X 0 0 0 AMY JO DOWD TRUSTEE 0.50 X 0 0 0 KWAKU FRIMPONG TRUSTEE 0.50 X 0 0 0 KIMBERLY KEISERMAN TRUSTEE 0.50 X 0 0 0 JANE MARTINEZ DOWLING TRUSTEE 0.50 X 0 0 0 REV STEPHEN MITTEN SJ TRUSTEE 0.50 X 0 0 0 JOHN MULLMAN TRUSTEE 0.50 X 0 0 0 MARA SMITH TRUSTEE 0.50 X 0 0 0 JOHN SMITH TRUSTEE 0.50 X 0 0 0 KHUNDMEER SYED TRUSTEE 0.50 X 0 0 0 CARMEN ROMERO TRUSTEE 0.50 X 0 0 0 JEFFREY WRIGHT TRUSTEE 0.50 X 0 0 0 MARIANNE SCHIMELFENIG TRUSTEE 0.50 X 0 0 0 AMY STEVENS TRUSTEE 0.50 X 0 0 0 178365 23646 1 false true false 2867344 496691 2867344 71732 71732 485231 496691 -11460 -11460 -11460 2927616 60272 X 1242500 1242500 190000 114000 47500 28500 86483 26988 59495 17675 7422 4665 5588 37785 15057 8866 13862 20408 8570 5386 6452 21201 21201 342933 148177 20751 174005 11870 3235 8635 9932 9932 10489 4361 2846 3282 58200 58200 108593 47170 17848 43575 6481 6481 6857 3037 3820 2171407 1620517 266991 283899 1754871 797847 50000 7500 3838 11247 250514 1965420 4500 13500 2063723 2795514 21161 20745 46857 68018 20745 X 1888573 2220961 107132 553808 1995705 2774769 2063723 2795514 756209 22855 X false true true X 1157988 441084 1369889 1048614 2867344 6884919 1157988 441084 1369889 1048614 2867344 6884919 1600236 5284683 15893 71732 87625 6972544 1925 0.75790 0.95820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 2950471 22855 22855 2927616 2927616 2171407 2171407 2171407 SCHEDULE D, PAGE 3, PART X THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. true COLLEGE OF MOUNT SAINT VINCENT 6301 RIVERDALE AVENUE BRONX NY 10471 131740445 501C3 539000 SEED FUNDING BUTLER UNIVERSITY 4600 SUNSET AVENUE INDIANAPOLIS IN 46208 350867977 501C3 500000 SEED FUNDING CANISIUS UNIVERSITY 2001 MAIN ST BUFFALO NY 14208 160743942 501C3 30000 FEASIBILITY STUDY HOLY CROSS COLLEGE 54515 STATE ROAD 933 N PO BOX 30 NOTRE DAME IN 46556 351148835 501C3 17500 FEASIBILITY STUDY HOMEBOY INDUSTRIES 130 W BRUNO STREET LOS ANGELES CA 90012 954800735 501C3 30000 FEASIBILITY STUDY MOUNT SAINT MARY'S UNIVERITY 12001 CHALON ROAD LOS ANGELES CA 90049 951641455 501C3 30000 FEASIBILITY STUDY THE UNIVERSITY OF PORTLAND 5000 NORTH WILLAMETTE PORTLAND OR 97203 930401259 501C3 17500 FEASIBILITY STUDY THE UNIVERSITY OF THE PACIFIC 3601 PACIFIC AVE STOCKTON CA 95211 941156266 501C3 17500 FEASIBILITY STUDY UNIVERSITY OF SAN DIEGO 5998 ALCALA PARK SAN DIEGO CA 92110 952544535 501C3 30000 FEASIBILITY STUDY XAVIER UNIVERSITY 3800 VICTORY PARKWAY CINCINNATI OH 45207 310537516 501C3 17500 FEASIBILITY STUDY 14 SCHEDULE I, PAGE 1, PART I, LINE 2 SEED FUNDING: GRANTEE MUST PROVIDE A COMPREHENSIVE REPORT OF ACTIVITIES MADE POSSIBLE BY THE GRANT, INCLUDING A LIST OF NEW HIRES AND OTHER EXPENDITURES WITHIN 90 DAYS OF THE FINAL EXPENDITURE OF THE FUNDS. CTB LEADRSHIP WILL ALSO MEET VIRTUALLY WITH THE DEAN QUARTERLY UNTIL ARRIVAL OF STUDENTS ON CAMPUS. FEASIBILITY STUDY: GRANTEE WILL MEET WITH CTB TEAM TO DISCUSS DELIVERABLES AND INTEREST IN MOVING AHEAD WITH THE SEED FUNDING GRANT. X false false false false false false false false false SAMUEL ADAMS CHIEF OPERATIONS OFF 168865 10213 13433 192511 SCHEDULE J, PART III A STIPEND IS PAID SEMI-MONTHLY TO ST. IGNATIUS LOYOLA COMMUNITY FOR REV. STEPHEN KATSOUROS, SJ SALARY. RISE STRATEGY GROUP SPOUSE OF BOARD 99000 CONSULTANT false SCHEDULE L, PART V THE ORGANIZATION ENGAGED IN TRANSACTIONS WITH A RELATED PARTY DURING THE YEAR. THE SPOUSE OF A BOARD MEMBER PROVIDED PUBLIC RELATIONS CONSULTING SERVICES TO THE ORGANIZATION THROUGH A CONSULTING COMPANY. THE ORGANIZATION PAID 99,000 DURING FISCAL YEAR JUNE 30, 2024 FOR THESE SERVICES. MANAGEMENT BELIEVES THE TERMS OF THIS TRANSACTION WERE COMPARABLE TO THOSE THAT WOULD HAVE BEEN NEGOTIATED WITH AN UNRELATED THIRD PARTY. X 1 496691 FMV false false false FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. AFTER MANAGMENT HAS REVIEWED FORM 990, IT IS SUBMITTED TO THE BOARD FOR REVIEW AND RECOMMENDATIONS ARE PRESENTED PRIOR TO SUBMISSION. FORM 990, PAGE 6, PART VI, LINE 12C THE FOUNDATION HAS IN PLACE A CONFLICT OF INTEREST POLICY THAT THE FINANCE AND AUDIT COMMITTEE ANNUALLY MONITOR AND ENFORCE. ADDITIONALLY, ALL MEMBERS MUST DISCLOSE POTENTIAL CONFLICTS AS SOON AS THEY ARE AWARE THAT THEY EXIST.THE BOARD MANDATES THAT ALL NEW MEMBERS OF THE GOVERNING BODY MUST SIGN THIS STATEMENT PRIOR TO ELECTION. FORM 990, PAGE 6, PART VI, LINE 15A A STIPEND IS PAID SEMI-MONTHLY TO ST. IGNATIUS LOYOLA COMMUNITY FOR REV. STEPHEN KATSOUROS' SERVICES PROVIDED TO THE FOUNDATION. THE BOARD DETERMINES THE AMOUNT OF THE STIPEND BY REVIEWING APPROPRIATE AND ADEQUATE DATA OF SIMILAR NOT-FOR-PROFITS IN THE AREA TO DETERMINE THE REASONABLENESS OF THE STIPEND. FORM 990, PAGE 6, PART VI, LINE 15B SAME AS ABOVE FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION'S 990 WILL BE AVAILABLE FOR PUBLIC INSPECTION ON GUIDESTAR.ORG AND CHARITIESNYS.ORG. IN ADDITION, FINANCIAL STATEMENTS, 990 AND OTHER POLICIES OF THE FOUNDATION ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G COACHING STIPENDS 7,500 0 0 HONORARIA & GIFT CARDS 28,925 0 0 FR. KATSOUROS STIPEND 62,252 20,751 124,505 PUBLIC RELATIONS CONSULTANT 49,500 0 49,500 TOTAL 148,177 20,751 174,005