2024-01-16T09:52:32-06:00 2023-04-30 223271712 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990 2022-05-01 221926453 FOUNDATION FOR STUDENT COMMUNICATIONINC FOUN 6092581111 48 UNIVERSITY PLACE PRINCETON NJ 08540 ALISON LEE PRESIDENT 6092581111 2024-01-16 1 ALISON LEE 999009999 0 KYLE A NEELD CPA P01231129 6096899700 2024-01-16 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z BUSINESS TODAY GRACE HONG 48 UNIVERSITY PLACE PRINCETON NJ 08540 579748 0 X WWW.BUSINESSTODAY.ORG X 1971 NJ EDUCATE THE ACADEMIC COMMUNITY IN PHILOSOPHY, OPERATION AND MECHANICS OF THE BUSINESS COMMUNITY. 16 16 17 16 0 0 163624 16105 662904 498550 91689 65093 0 0 918217 579748 15000 15000 0 0 116402 71460 0 0 0 850763 1076306 982165 1162766 -63948 -583018 3635219 3030223 24031 60547 3611188 2969676 PUBLICATION OF BUSINESS TODAY MAGAZINE WHICH IS PUBLISHED BY STUDENTS FOR STUDENTS. ALSO, CONFERENCES ARE HELD TO EDUCATE THE ACADEMIC COMMUNITY IN THE PHILOSOPHY, OPERATION, AND MECHANICS OF THE BUSINESS AND PROFESSIONAL COMMUNITY. 0 0 15362 PUBLICATION OF BUSINESS TODAY MAGAZINE, PUBLISHED BY STUDENTS FOR THE BENEFIT OF STUDENTS. 1046084 15000 498550 CONFERENCES HELD TO EDUCATE THE ACADEMIC COMMUNITY IN THE PHILOSOPHY, OPERATION AND MECHANICS OF THE BUSINESS & PROF. COMMUNITY, SPONSORED BY CORPORATIONS AND ATTENDED BY STUDENTS & CORPORATE LEADERS. 1061446 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NJ X CHRISTINE THOMAS 6097804822 2360 HIGHWAY 33 SUITE 304 ROBBINSVILLE NJ 08691 STONE YANG TRUSTEE / PRESIDENT (THROUGH DECEMBER 2022) 5.00 X 5324 0 0 EMERSON TIWANG DIRECTOR OF CC AND FINANCE 4.00 X 2500 0 0 NEEL AJJARAPU CHAIR OF THE MANAGEMENT CO 1.00 X X 0 0 0 ALBERT CHOI CHAIR OF THE PROGRAMMING C 1.50 X X 0 0 0 GRACE HONG CHAIR 2.00 X X 0 0 0 HAROLD THOMAS CHAIR OF THE FINANCE COMMI 1.00 X X 0 0 0 ALISON LEE PRESIDENT (BEGINNING DECEMBER 2022) 6.00 X 0 0 0 ALAN DEUTSCHMAN TRUSTEE 1.00 X 0 0 0 CARMEN MARIA GABEE TRUSTEE 1.00 X 0 0 0 RON GONEN TRUSTEE 1.00 X 0 0 0 ALANNA GREGORY TRUSTEE 1.00 X 0 0 0 COLLEEN KANG TRUSTEE 1.00 X 0 0 0 MICHAEL KRATSIOS TRUSTEE 1.00 X 0 0 0 SOWON LEE TRUSTEE 1.00 X 0 0 0 MELISSA PASCHALL TRUSTEE 1.00 X 0 0 0 ANKUR PATEL TRUSTEE 1.00 X 0 0 0 JULIO ROJAS TRUSTEE 1.00 X 0 0 0 MICHAEL SHORT TRUSTEE 1.00 X 0 0 0 JOHN BARRETT DIRECTOR OF CONTENT 4.00 X 0 0 0 SOPHIA CHEN DIRECTOR OF DN 4.00 X 0 0 0 SAMIKSHA GAHERWAR DIRECTOR OF THE INTERNATIONAL CONFERENCE 4.00 X 0 0 0 LEILANI JOHNSON DIRECTOR OF SEMINARS 4.00 X 0 0 0 BRADEN LALIN DIRECTOR OF INVESTMENTS 2.00 X 0 0 0 MIA MEDIC DIRECTOR OF STRATEGY 2.00 X 0 0 0 CHANA MITTY DIRECTOR OF DN 4.00 X 0 0 0 KELETSO ROSENBER DIRECTOR OF BOOST 4.00 X 0 0 0 SARA SHIFF DIRECTOR OF HUMAN CAPITAL 4.00 X 0 0 0 MARIE SIRENKO DIRECTOR OF DESIGN 4.00 X 0 0 0 DAVID TANG DIRECTOR OF OPERATIONS 2.00 X 0 0 0 STEPHANIE TANG DIRECTOR OF MEDIA & MARKETING 2.00 X 0 0 0 7824 0 0 0 0 0 0 0 16105 16105 CONFERENCES 900099 498550 498550 498550 65093 65093 579748 498550 0 65093 15000 15000 8539 8539 57475 57475 5446 5446 63515 3842 59673 5700 4803 897 41814 39107 2707 21251 10985 10266 5775 600 5175 178351 178329 22 730009 726233 3776 2063 2063 14280 14280 MISCELLANEOUS 13548 11087 2461 1162766 1061446 101320 0 825970 221969 337351 347624 7689 0 16827 18986 109757 109757 2063 0 2445319 2441644 3635219 3030223 24031 35547 0 25000 24031 60547 X 3611188 2969676 3611188 2969676 3635219 3030223 -583018 -58494 0 X X 0 1 X 1 0 X 14537 35310 35519 163624 16105 265095 571297 726566 525473 662904 498550 2984790 585834 761876 560992 826528 514655 3249885 0 0 0 3249885 63084 51981 50082 91689 65093 321929 63084 51981 50082 91689 65093 321929 3842 3008 6850 652760 816865 611074 918217 579748 3578664 0.90810 0.90620 0.09000 0.08630 X 109757 109757 0 0 X 521254 -58494 -58494 579748 0 579748 1162766 0 1162766 0 1162766 PART X, LINE 2: U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. 1 0 0 2022 IMPACT CHALLENGE GRANT 1 15000 0 PART I, LINE 2: THE IMPACT CHALLENGE GRANT IS AN OPPORTUNITY FOR NONPROFIT ORGANIZATIONS TO RECEIVE SEED-FUNDING TO HELP SUPPORT THE ORGANIZATION'S MISSION AND MAKE AN IMPACT ON THE COMMUNITY. A COMMITTEE AWARDS THE GRANT FUNDING BASED ON THE APPLICANT'S PRESENTATION HIGHLIGHTING THEIR MISSION AND THE IMPACT THEIR ORGANIZATION MAKES. IN FY 2023, THE GRANT WAS AWARDED TO THE CEO OF THE AWARDED ORGANIZATION, ELYTHEA, INC., AS THE ORGANIZATION WAS NOT LEGALLY INCORPORATED AT THE TIME OF THE AWARD. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE FOUNDATION'S 990 ALONG WITH THE AUDITED FINANCIAL STATEMENTS ANNUALLY BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF TRUSTEES REVIEWS AND SIGNS THE CONFLICT OF INTEREST POLICY UPON JOINING THE BOARD AND UPDATES CONFLICT DISCLOSURES ANNUALLY. BOARD MEMBERS RECUSE THEMSELVES FROM VOTING ON MATTERS THAT PRESENT A CONFLICT FOR THEM. FORM 990, PART VI, SECTION B, LINE 15A FINANCIAL MANAGER'S SALARY IS DETERMINED BY THE BOARD OF TRUSTEES ANNUALLY WHEN THE BUDGET IS APPROVED FOR THE FISCAL YEAR. COMPENSATION IS DETERMINED BASED ON COST OF LIVING ADJUSTMENTS AND COMPARISON OF SALARY TO COMPARABLE POSITIONS AT SIMILAR SIZE NONPROFIT ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION MAKES ITS FORMS 1023, 990, AND 990-T AVAILABLE FOR PUBLIC INSPECTION UPON WRITTEN REQUEST TO THE FOUNDATION'S ADMINISTRATIVE OFFICE AT 48 UNIVERSITY PLACE, PRINCETON, NJ 08540 FOR THE SAME PERIOD OF TIME AS SET FORTH IN IRC SECTION 6104(D). FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF TIME AS SET FORTH IN IRC SECTION 6104(D). FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR