2025-01-16T16:37:21-06:00 2024-03-31 161131146 BONADIO & CO LLP 171 SULLYS TRAIL PITTSFORD NY 14534 990 2023-04-01 800024332 ROCHESTER AREA COMMUNITY FOUNDATION INITIATIVES INC ROCH 5852714100 500 EAST AVENUE ROCHESTER NY 14607 SIMEON BANISTER PRESIDENT AND CEO 5852714100 2025-01-15 1 1 GRACE GONZALEZ P01357170 5853811000 2025-01-15 2023 2024-10-15 13:58:12Z SIMEON BANISTER 500 EAST AVENUE ROCHESTER NY 14607 2455583 0 X WWW.RACF.ORG X 2001 NY SPONSORS PROGRAMS AND PROJECTS THAT ADDRESS THE NEEDS OF THE COMMUNITY. THE ORGANIZATION OPERATES EXCLUSIVELY FOR THE BENEFIT AND SUPPORT OF ROCHESTER AREA COMMUNITY FOUNDATION. 17 17 10 17 0 0 1902736 2396465 0 0 33840 48121 0 0 1936576 2444586 1150619 1367753 0 0 463444 630285 0 0 18000 159737 415762 1773800 2413800 162776 30786 1761637 2048465 211895 467883 1549742 1580582 SPONSORS PROGRAMS AND PROJECTS THAT ADDRESS THE NEEDS OF THE COMMUNITY. THE ORGANIZATION OPERATES EXCLUSIVELY FOR THE BENEFIT AND SUPPORT OF ROCHESTER AREA COMMUNITY FOUNDATION. 0 0 2290561 1367753 SPONSORS PROGRAMS AND PROJECTS THAT ADDRESS THE NEEDS OF THE COMMUNITY. OPERATES EXCLUSIVELY FOR THE BENEFIT AND SUPPORT OF ROCHESTER AREA COMMUNITY FOUNDATION. THERE WERE 30 GRANTS PAID OUT TO AGENCIES HELPING PEOPLE IN THE GREATER ROCHESTER COMMUNITY. 2290561 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X X MS AMY VARS 5852714100 500 EAST AVENUE ROCHESTER NY 14607 ADAM P ANOLIK TREASURER 1.00 0.00 X X 0 0 0 ABIGAIL J BENNETT MEMBER 1.00 X 0 0 0 R SCOTT BURDETT MEMBER 1.00 X 0 0 0 DAVID P VENISKEY CPA MEMBER 1.00 X 0 0 0 THOMAS S RICHARDS MEMBER 1.00 X 0 0 0 MARK A EIDLIN MEMBER 1.00 X 0 0 0 ANN H MCMULLEN MEMBER 1.00 X 0 0 0 CAROLYN G NUSSBAUM ESQ COUNSEL 1.00 X X 0 0 0 RICHARD J RIEDMAN MEMBER 1.00 X 0 0 0 FLOR M COLON SECRETARY 1.00 X X 0 0 0 DAVID R FERRIS ESQ CHAIR 1.00 X X 0 0 0 MOLLENE B BENISON CPA MEMBER 1.00 X 0 0 0 FRANCIS J CLEMENT MEMBER 1.00 X 0 0 0 ARLINE L BAYO SANTIAGO ESQ MEMBER 1.00 X 0 0 0 JAMES H NORMAN MEMBER 1.00 X 0 0 0 ABIGAIL A REINHARD MEMBER 1.00 X 0 0 0 DR WILLIAM VALENTI MEMBER 1.00 X 0 0 0 AMY S VARS CPA SENIOR VP AND CFO 2.00 38.00 X 0 219851 11367 SIMEON BANISTER PRESIDENT AND CEO 2.00 38.00 X 0 288482 15201 MEGAN NORRIS EXECUTIVE DIRECTOR, ACT ROCHESTER 40.00 X 107122 0 9576 107122 508333 36144 1 0 1 0 0 5457 979845 147482 1263681 9176 2396465 48175 48175 10943 10997 -54 -54 -54 2444586 0 0 48121 1367753 1367753 512699 497787 7405 7507 14985 14550 216 219 56339 54705 811 823 46262 44921 666 675 500 500 6612 6612 185858 185858 411 411 6636 6443 86 107 29157 8975 12572 7610 203 203 22171 22171 82468 82468 CONVENING & CONTR.SERVI 40446 40446 OTHER FEES 32824 31869 423 532 EQUIPMENT RENTAL 7141 6933 92 116 PROFESSIONAL DUES 1335 1335 2413800 2290561 105239 18000 X 1749030 1873890 5122 172096 7485 2479 1761637 2048465 773 15379 121372 61256 67708 89750 323540 211895 467883 X 1549742 1580582 1549742 1580582 1761637 2048465 X 30786 54 X X 0 1 X 1 0 X 2629810 2993719 1668078 1902736 2396465 11590808 2629810 2993719 1668078 1902736 2396465 11590808 2912010 8678798 879 126 33840 48175 83020 263026 263026 11936854 0.72710 0.73180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 1 2949 0 2949 0 0 ACCRUED EXPENSES 41040 DEFERRED CONTRIBUTIONS 282500 323540 1 ACTION FOR A BETTER COMMUNITY 400 WEST AVENUE ROCHESTER NY 14611 160902835 501(C)(3) 26675 0 RENEW PROGRAM GRANTS AGAPE HAVEN OF ABUNDANCE 289 DRIVING PARK ROCHESTER NY 14613 842039250 501(C)(3) 25000 0 URBAN YOUTH EMPOWERMENT PROGRAM CAUSEWAVE COMMUNITY PARTNERS 274 N GOODMAN ST SUITE B269 ROCHESTER NY 14607 160741816 501(C)(3) 7587 0 GRASA SUPPORT CENTER FOR GOVERNMENTAL RESEARCH 1 SOUTH WASHINGTON STREET SUITE 400 ROCHESTER NY 14614 160754774 501(C)(3) 11880 0 ACT ROCHESTER SUPPORT CENTER FOR TEEN EMPOWERMENT 373 GENESEE STREET ROCHESTER NY 14611 043091002 501(C)(3) 25000 0 YOUNG WOMEN'S LEADERSHIP AND EMPLOYMENT PROJECT CHILDREN'S INSTITUTE INC 205 ST PAUL STREET ROCHESTER NY 14604 237102632 501(C)(3) 73066 0 EARLY CHILDHOOD EDUCATION QUALITY COUNCIL, GRASA CITY OF ROCHESTER TREASURY DEPT 30 CHURCH STREET ROOM 201A ROCHESTER NY 146141284 166002551 MUNICIPALITY 36000 0 DONOR SUPPORT FOR GBI PILOT, SPECIAL PROJECTS INITIATIVES FRIENDLY SENIOR LIVING 3156 EAST AVENUE ROCHESTER NY 14618 160743132 501(C)(3) 20000 0 STAFF TRAINING & EDUCATION PROGRAM (STEP) GREATER ROCHESTER SUMMER LEARNING ASSOCIATION 205 SAINT PAUL STREET ROCHESTER NY 14604 452797098 501(C)(3) 50000 0 SUMMERLEAP INTO KINDERGARTEN 2023 GREENTOPIA 74 BROWNS RACE ROCHESTER NY 146141006 274112147 501(C)(3) 25000 0 GREEN VISIONS: GROWING HEALTHY FUTURES JOSEPH AVENUE ARTS AND CULTURE ALLIANCE POBOX 30147 ROCHESTER NY 14603 471841978 501(C)(3) 7500 0 RISING STARS JUDICIAL PROCESS COMMISSION 200 WEST AVENUE ROCHESTER NY 14611 223153478 501(C)(3) 25000 0 WOMEN'S LEGAL ACTION AND EMPLOYABILITY PROJECT PATHSTONE CORPORATION 400 EAST AVENUE ROCHESTER NY 14607 160984913 501(C)(3) 811913 0 RENEW PROGRAM GRANTS SPIRITUS CHRISTI PRISON OUTREACH 30 MILLBANK ST ROCHESTER NY 14619 161582433 501(C)(3) 23000 0 WOMEN'S EMPOWERMENT TOWN OF GREECE 1 VINCE TOFANY BOULEVARD ROCHESTER NY 14612 MUNICIPALITY 6580 0 RENEW PROGRAM GRANTS URBAN INSTITUTE 500 LENFANT PLAZA SW WASHINGTON DC 20024 520880375 501(C)(3) 47502 0 ACT ROCHESTER VETERANS OUTREACH CENTER INC 447 SOUTH AVENUE ROCHESTER NY 14620 161137379 501(C)(3) 10000 0 FEMALE VETERAN SELF SUFFICIENCY PROGRAM YWCA-ROCHESTER & MONROE COUNTY 175 N CLINTON AVENUE ROCHESTER NY 14604 160743248 501(C)(3) 25000 0 EQUITY THROUGH DEVELOPMENT 16 2 PART I, LINE 2: ALL GRANTEES ARE CONFIRMED AS ELIGIBLE U.S. BASED PUBLIC CHARITIES PRIOR TO GRANT DISBURSEMENT. RECIPIENTS OF LARGE GRANTS (OVER $10,000) MAY BE REQUIRED TO SUBMIT REPORTS ON THEIR ACCOMPLISHMENTS. AN AFFILIATED ORGANIZATION, ROCHESTER AREA COMMUNITY FOUNDATION, MAINTAINS INFORMATION ABOUT GRANTEES AND CONDUCTS DUE DILIGENCE TO ENSURE SOUND USE OF FUNDS. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 SIMEON BANISTER PRESIDENT AND CEO 0 277652 0 0 0 10830 0 14141 0 1060 0 303683 0 0 AMY S VARS CPA SENIOR VP AND CFO 0 219023 0 0 0 828 0 10843 0 524 0 231218 0 0 FORM 990, SCHEDULE J, PAGE 3, PART III ROCHESTER AREA COMMUNITY FOUNDATION (RACF), A RELATED ORGANIZATION, WAS RESPONSIBLE FOR PAYING THE COMPENSATION AND THE RESPECTIVE HEALTH AND SOCIAL CLUB DUES OF THE PRESIDENT AND CEO AND SENIOR VICE PRESIDENT AND CFO. THE FOLLOWING WAS USED BY RACF WHEN DETERMINING THE PRESIDENT AND CEO'S COMPENSATION - INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION STUDY, FORM 990 OF OTHER ORGANIZATIONS - AND APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B OUR FINANCE COMMITTEE MEMBERS ARE EACH EMAILED A COPY OF THE FORM 990 PRIOR TO THE 990 BEING FILED. THEY ARE GIVEN APPROXIMATELY TWO WEEKS TO REVIEW THE DOCUMENT. DURING THAT TIME THEY ASK THE SENIOR VICE PRESIDENT AND CFO ANY QUESTIONS OR CONCERNS THEY HAVE ABOUT THE 990. THE SENIOR VICE PRESIDENT AND CFO ADDRESSES AND RESOLVES ALL QUESTIONS AND ISSUES ON THE 990. THE INDIVIDUAL FINANCE COMMITTEE MEMBERS SUBMIT THEIR APPROVAL BY EMAIL. ONCE APPROVED BY ALL FINANCE COMMITTEE MEMBERS, THE FORM 990 IS EMAILED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. THE FORM 990 IS DISCUSSED AT THE NEXT BOARD MEETING PRIOR TO THE FORM 990 BEING FILED. IT IS A SEPARATE AGENDA ITEM FOR THE BOARD MEETING, GIVING THE MEMBERS AN OPPORTUNITY TO DISCUSS ANY QUESTIONS THAT THEY MIGHT HAVE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, KEY EMPLOYEES, AND STAFF ARE REQUIRED ANNUALLY TO COMPLETE A CONFLICT OF INTEREST FORM. THIS FORM ASKS THE INDIVIDUAL TO DISCLOSE ALL CURRENT POSITIONS OR RELATIONSHIPS IN WHICH THEY ARE INVOLVED OR WHICH MAY POSE A POTENTIAL CONFLICT OF INTEREST, AND SHALL FURTHER DISCLOSE ANY SUBSEQUENTLY ESTABLISHED RELATIONSHIP THAT MAY BE PERCEIVED TO BE A POTENTIAL CONFLICT OF INTEREST. IT IS OUR POLICY THAT THROUGHOUT THE YEAR AT BOARD AND COMMITTEE MEETINGS THAT ALL CONFLICTS OF INTEREST, INCLUDING POTENTIAL INTERESTS, SHALL BE DISCLOSED, AND THAT DIRECTORS AND COMMITTEE MEMBERS SHALL REFRAIN FROM VOTING OR PARTICIPATING IN ANY BOARD OR COMMITTEE ACTION INVOLVING THE ENTITY WITH WHICH THERE MAY BE A CONFLICT, BY LEAVING THE ROOM DURING SUCH VOTE OR ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE SENIOR VICE PRESIDENT AND CFO PROVIDES COMPENSATION HISTORY AND SALARY/BENEFIT COMPS FROM LOCAL AND NATIONAL PEERS TO THE EXECUTIVE COMMITTEE. AN EXECUTIVE SESSION OF THE EXECUTIVE COMMITTEE IS FOLLOWED BY A MEETING WITH PRESIDENT AND CEO TO SHARE PERFORMANCE REVIEW. CHAIR PREPARES SALARY RECOMMENDATION FOR EXECUTIVE COMMITTEE. FULL EXECUTIVE COMMITTEE RATIFIES SALARY RECOMMENDATION; CHAIR COMMUNICATES IN WRITING TO PRESIDENT AND CEO AND SENIOR VICE PRESIDENT AND CFO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON REQUEST. IN ADDITION, THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON THE WEBSITE WWW.RACF.ORG. FORM 990, PART XI, LINE 9: TRANSFER TO AFFILIATE 54. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE IS RESONSIBLE FOR THE REVIEW AND APPROVAL OF THE AUDITED FINANCIAL STATEMENTS. FORM 990: RECONCILIATION OF REVENUE AND EXPENSES: ROCHESTER AREA COMMUNITY FOUNDATION INITIATIVES, INC. IS AN AFFILIATE OF ROCHESTER AREA COMMUNITY FOUNDATION. AS SUCH, A SINGLE FINANCIAL STATEMENT AUDIT IS PERFORMED ON ROCHESTER AREA COMMUNITY FOUNDATION AND ITS AFFILIATES. THEREFORE, THE INFORMATION PROVIDED IS BASED UPON ROCHESTER AREA COMMUNITY FOUNDATION INITIATIVES, INC. AS IF A STAND-ALONE FINANCIAL STATEMENT OF THIS ENTITY WAS PREPARED. FORM 990, SCHEDULE A: ROCHESTER AREA COMMUNITY FOUNDATION INITIATIVES, INC. IS A NOT-FOR-PROFIT CORPORATION WHICH IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES BY SUPPORTING ACTIVITIES THAT BENEFIT ROCHESTER AREA COMMUNITY FOUNDATION (RACF). THE ORGANIZATION SPONSORS CHARITABLE PROJECTS AND PROGRAMS MEETING COMMUNITY NEEDS THAT ARE CONCEIVED AND DEVELOPED BY PERSONS FROM THE COMMUNITY. THE ORGANIZATION RECEIVES CONTRIBUTIONS AND MAKES GRANTS TO QUALIFIED AGENCIES AND PROGRAMS ORGANIZED AND OPERATED FOR CHARITABLE, EDUCATIONAL OR OTHER SIMILAR PURPOSES. ROCHESTER AREA COMMUNITY FOUNDATION 500 EAST AVENUE ROCHESTER NY 146071712 237250641 GRANT-MAKING COMMUNITY FOUNDATION NY 501(C)(3) 7 N/A 0 ROCHESTER AREA COMMUNITY FOUNDATION DEPOSITORY INC 500 EAST AVENUE ROCHESTER NY 146071912 223106737 PROVIDE GRANTS TO PUBLIC CHARITIES NY 501(C)(3) 7 ROCHESTER AREA COMMUNITY FOUNDATION 0 ROCHESTER AREA FOUNDATION INC 500 EAST AVENUE ROCHESTER NY 146071912 161539889 PROVIDE RENTAL SPACE TO EXEMPT ORGANIZATIONS NY 501(C)(3) 12A ROCHESTER AREA COMMUNITY FOUNDATION 0 SANDS FAMILY SUPPORTING FOUNDATION INC 500 EAST AVENUE ROCHESTER NY 146071712 810751295 SUPPORTS THE CHARITABLE EFFORTS OF ROCHESTER AREA COMMUNITY FOUNDATION NY 501(C)(3) 12A ROCHESTER AREA COMMUNITY FOUNDATION 0 THE HAROLD AND JOAN FEINLOOM SUPPORTING FOUNDATION INC 500 EAST AVENUE ROCHESTER NY 146071912 222988808 SUPPORT THE CHARITABLE EFFORTS OF ROCHESTER AREA COMMUNITY FOUNDATION NY 501(C)(3) 12A ROCHESTER AREA COMMUNITY FOUNDATION 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 ROCHESTER AREA COMMUNITY FOUNDATION C 955276 FMV ROCHESTER AREA COMMUNITY FOUNDATION B 75886 FMV