2025-05-08T17:08:33-05:00 2024-06-30 135565207 KPMG LLP 345 PARK AVENUE NEW YORK NY 101540102 990 2023-07-01 133922718 TOURO LAW CENTER DEVELOPMENT FOUNDATION TOUR 6465656000 202 WEST 43RD STREET NEW YORK NY 10036 ELENA LANGAN PRESIDENT 6465656000 2025-05-08 1 0 EVAN W SEEKAMP P01907071 2127589700 2025-05-06 2023 2025-03-06 01:10:19Z X ELENA LANGAN 202 WEST 43RD STREET NEW YORK NY 10036 795976 0 X NOT APPLICABLE X 1996 NY TO PROMOTE AND SUPPORT THE JACOB D. FUCHSBERG LAW CENTER OF TOURO UNIVERSITY. 6 3 0 3 0 0 152438 19526 0 0 101212 84220 14330 1950 267980 105696 20502 4500 0 0 0 0 0 0 0 0 25464 20502 29964 247478 75732 4892654 5506810 620465 593016 4272189 4913794 TO PROMOTE AND SUPPORT THE JACOB D. FUCHSBERG LAW CENTER OF TOURO UNIVERSITY AND PERFORM ANY OTHER ACTS INCIDENTAL TO, CONNECTED WITH, OR IN ADVANCEMENT THEREOF. 0 0 4500 4500 LAW CENTER SUPPORT: PROMOTED AND SUPPORTED THE JACOB D. FUCHSBERG LAW CENTER OF TOURO UNIVERSITY. 4500 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 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 1 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 NY X STUART LIPPMAN 6465456026 202 WEST 43RD STREET NEW YORK NY 10036 X PATRICIA SALKIN TRUSTEE 0.50 34.50 X 0 454701 112507 ELENA LANGAN PRESIDENT AND TRUSTEE 0.50 34.50 X X 0 359469 28483 ALAN FUCHSBERG TRUSTEE 1.00 0.00 X 0 0 0 HOWARD GLICKSTEIN TRUSTEE 1.00 0.00 X 0 42923 9057 BRUCE GOULD TRUSTEE 1.00 0.00 X 0 0 0 JOTHY NARENDRAN TRUSTEE 1.00 0.00 X 0 0 0 0 857093 150047 0 0 1 0 0 19526 19526 167832 167832 606668 690280 -83612 -83612 -83612 OTHER REVENUE 900099 1950 1950 1950 105696 0 0 86170 4500 4500 24939 24939 TAXES 525 525 29964 4500 25464 0 255495 223866 4637159 5282944 4892654 5506810 620465 593016 620465 593016 X 208097 232093 4064092 4681701 4272189 4913794 4892654 5506810 X 75732 573503 -7630 X 0 1 X 1 0 X X 1 TOURO UNIVERSITY 132676570 2 1 4500 0 1 4500 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART IV, SECTION B, LINE 1 TOURO LAW CENTER DEVELOPMENT FOUNDATION, INC. PROMOTES AND SUPPORTS THE JACOB D. FUCHSBERG LAW SCHOOL OF TOURO UNIVERSITY. THREE OF THE SIX TRUSTEES INCLUDING THE PRESIDENT OF THE BOARD OF TRUSTEES OF TOURO LAW CENTER DEVELOPMENT FOUNDATION, INC. ARE EMPLOYEES OF THE SUPPORTED ORGANIZATION. TOURO LAW CENTER DEVELOPMENT FOUNDATION, INC. IS CONSOLIDATED IN TOURO UNIVERSITY & RELATED ORGANIZATIONS' FINANCIAL STATEMENTS. ACCORDINGLY, TOURO UNIVERSITY MANAGES TOURO LAW CENTER DEVELOPMENT FOUNDATION, INC. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2451179 13526 314265 0 2778970 2297924 29096 125527 1368 2451179 2061290 140440 96194 2297924 1949712 26822 175162 90406 2061290 2087249 11281 -52001 96817 1949712 0.88590 0.11410 0 0 0 DUE TO AFFILIATES 593016 593016 X PART V, LINE 4: ENDOWMENT FUNDS TO PROVIDE SCHOLARSHIPS AND GRANTS TO STUDENTS, TO ADD OR IMPROVE FACILITIES, TO FUND RESEARCH AND TO PROVIDE ADDITIONAL PROGRAM FUNDS. PART X, LINE 2: ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES THE TOURO LAW CENTER DEVELOPMENT FOUNDATION, INC. IS INCLUDED IN THE TOURO UNIVERSITY & RELATED ENTITIES CONSOLIDATED FINANCIAL STATEMENTS. THE FOUNDATION SUBSCRIBES TO A THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AS OF JUNE 30, 2024 AND 2023, THE FOUNDATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ANY SIGNIFICANT UNRELATED BUSINESS INCOME TAX LIABILITY, WHICH WOULD HAVE A MATERIAL IMPACT UPON ITS NET ASSETS. 0 0 0 0 0 0 0 0 0 PATRICIA SALKIN TRUSTEE 0 453411 0 0 0 1290 0 16500 0 96007 0 567208 0 0 ELENA LANGAN PRESIDENT AND TRUSTEE 0 355659 0 0 0 3810 0 16500 0 11983 0 387952 0 0 SCHEDULE J, PART II THE FILING ORGANIZATION, TOURO LAW CENTER DEVELOPMENT FOUNDATION, DOES NOT COMPENSATE ANY OF ITS OFFICERS OR TRUSTEES, NOR DOES IT HAVE ANY EMPLOYEES. THE OFFICERS AND DIRECTORS OF TOURO LAW CENTER DEVELOPMENT FOUNDATION ARE COMPENSATED BY TOURO UNIVERSITY, A RELATED TAX EXEMPT ORGANIZATION. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: TO PROMOTE AND SUPPORT THE JACOB B. FUCHSBERG LAW CENTER OF TOURO UNIVERSITY AND PERFORM ANY OTHER ACTS INCIDENTAL TO, CONNECTED WITH, OR IN ADVANCEMENT THEREOF. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW THE TOURO LAW CENTER DEVELOPMENT FOUNDATION INC.'S FORM 990 AND SUPPORTING SCHEDULES ARE PREPARED BY AN INDEPENDENT ACCOUNTING FIRM THEN REVIEWED BY THE SENIOR MANAGEMENT OF TOURO UNIVERSITY, SPECIFICALLY THE CONTROLLER AND THE CFO AND SUBMITTED TO AND REVIEWED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES OF TOURO UNIVERSITY. COPIES OF THIS RETURN ARE DISTRIBUTED TO THE FULL BOARD OF NYMC LLC BEFORE THE FORM IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY THE ANNUAL BOARD QUESTIONNAIRE, WHICH REQUIRES DISCLOSURE OF CONFLICT INTEREST AND OTHER DETAILS, IS CIRCULATED TO ALL OF THE BOARD MEMBERS AND IS REVIEWED BY IN-HOUSE COUNSEL. OUR POLICIES REQUIRE THAT TRUSTEES, OFFICERS, AND KEY EMPLOYEES NOTIFY TOURO ANY TIME CONFLICTS OF INTEREST ARISE. IN THE EVENT THERE IS A CONFLICT OF INTEREST, OR AN APPEARANCE OF A CONFLICT OF INTEREST, THE INDIVIDUAL MUST RECUSE THEMSELVES FROM ANY DISCUSSIONS OR DECISIONS CONCERNING THE CONFLICT. FORM 990, PART VI, SECTION B, LINES 13 AND 14 POLICIES WHILE THE FOUNDATION HAS NOT ADOPTED WRITTEN WHISTLEBLOWER OR DOCUMENT RETENTION AND DESTRUCTION POLICIES, IT FOLLOWS THE POLICIES OF ITS SUPPORTED ORGANIZATION, TOURO UNIVERSITY. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION THE FOUNDATION IS A SUPPORTING ORGANIZATION FOR THE JACOB D. FUCHSBERG LAW CENTER OF TOURO UNIVERSITY AND THE FOUNDATION'S ONLY COMPENSATED BOARD MEMBERS AND OFFICERS ARE COMPENSATED BY TOURO UNIVERSITY, A RELATED TAX EXEMPT ORGANIZATION. TOURO UNIVERSITY DETERMINES SUCH COMPENSATION IN ACCORDANCE WITH ITS INTERNAL POLICIES AND PROCEDURES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS THE FORM 990 AND RELATED INFORMATION ARE MADE AVAILABLE TO THE PUBLIC; HOWEVER, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE PUBLIC. FORM 990, PART VII, SECTION A COMPENSATION OF OFFICERS, DIRECTORS AND EMPLOYEES THE FILING ORGANIZATION, TOURO LAW CENTER DEVELOPMENT FOUNDATION, DOES NOT COMPENSATE ANY OF ITS OFFICERS OR TRUSTEES, NOR DOES IT HAVE ANY EMPLOYEES. THE OFFICERS AND DIRECTORS OF TOURO LAW CENTER DEVELOPMENT FOUNDATION ARE COMPENSATED BY TOURO UNIVERSITY, A RELATED TAX EXEMPT ORGANIZATION. FORM 990, PART XI, LINE 9: PLEDGE WRITE OFFS -7,630. TOURO UNIVERSITY 202 WEST 43RD STREET NEW YORK NY 10036 132676570 EDUCATION NY 501(C)(3) 2 N/A 0 TOURO UNIVERSITY (CALIFORNIA) 202 WEST 43RD STREET NEW YORK NY 10036 133838740 EDUCATION CA 501(C)(3) 2 TOURO UNIVERSITY 1 TOURO UNIVERSITY NEVADA 202 WEST 43RD STREET NEW YORK NY 10036 200363127 EDUCATION NV 501(C)(3) 2 TOURO UNIVERSITY 1 TOURO COLLEGE AND UNIVERSITY SYSTEM IN 202 WEST 43RD STREET NEW YORK NY 10036 680646771 EDUCATION NJ 501(C)(3) 2 TOURO UNIVERSITY 1 YESHIVAS OHR HACHAIM 202 WEST 43RD STREET NEW YORK NY 10036 112808947 EDUCATION NY 501(C)(3) 2 TOURO UNIVERSITY 1 RABBI DOV REVEL YESHIVA OF FOREST HILLS 202 WEST 43RD STREET NEW YORK NY 10036 111681674 EDUCATION NY 501(C)(3) 2 TOURO UNIVERSITY 1 NYMC LLC 202 WEST 43RD STREET NEW YORK NY 10036 133922718 MEMBER NYMC NY 501(C)(3) 12A, I TOURO UNIVERSITY 1 NEW YORK MEDICAL COLLEGE 40 SUNSHINE COTTAGE ROAD VALHALLA NY 10595 131099420 EDUCATION NY 501(C)(3) 2 NYMC LLC 1 THE PARTNERSHIP FOR A HEALTHY POPULATION 40 SUNSHINE COTTAGE ROAD VALHALLA NY 10595 134038993 HEALTH STUDY NY 501(C)(3) 7 TOURO UNIVERSITY 1 TOURO COLLEGE BERLIN GGMBH BERLIN AM RUPERHORN 4 BERLIN GM 14055 EDUCATION GM TOURO UNIVERSITY 1 THE BIOTECHNOLOGY INCUBATOR AT NYMC INC 40 SUNSHINE COTTAGE ROAD VALHALLA NY 10595 471682208 RESEARCH NY 501(C)(3) 10 NYMC LLC 1 HEBREW THEOLOGICAL COLLEGE 7135 CARPENTER RD SKOKIE IL 60077 362167095 EDUCATION IL 501(C)(3) 2 TOURO UNIVERSITY 1 TOURO UNIVERSITY MEDICAL GROUP 1805 N CALIFORNIA ST STE 201 STOCKTON CA 95204 843416009 HEALTH CARE CA 501(C)(3) 3 TOURO UNIVERSITY CALIFORNIA 1 NYMC-SCHOOL OF MEDICINE FACULTY PRACTICE 40 SUNSHINE COTTAGE RD VALHALLA NY 10595 833709834 HEALTH CARE NY 501(C)(3) 10 NYMC LLC 1 CONGREGATION BAIS DAVID 141-61 71ST AVENUE KEW GARDEN HILLS NEW YORK NY 11367 112819714 RELIGIOUS NY 501(C)(3) 1 TOURO UNIVERSITY 1 LOVELACE BIOMEDICAL RESEARCH INSTITUTE 2425 RIDGECREST DRIVE SE ALBUQUERQUE NM 87108 850110669 CLINICAL TRIAL RESEARCH NM 501(C)(3) 10 NYMC LLC 1 WEISSMAN HOOD INSTITUTE OF TOURO UNIVERSITY 1520 23RD STREET SOUTH GREAT FALLS MT 59405 810459235 GENETIC RESEARCH MT 501(C)(3) 2 NYMC LLC 1 TOURO SPEECH & HEARING CLINIC INC 202 WEST 43RD STREET NEW YORK NY 10036 134180235 INACTIVE NY N/A C 1 TOURO FOUNDATION CORPORATION 202 WEST 43RD STREET NEW YORK NY 10036 134014618 INACTIVE NY N/A C 1 TOURO UNIVERSITY FOUNDATION 202 WEST 43RD STREET NEW YORK NY 10036 943318585 INACTIVE CA N/A C 1 TOURO COLLEGE FOUNDATION FOR JEWISH STUDIES 202 WEST 43RD STREET NEW YORK NY 10036 133639225 INACTIVE NY N/A C 1 TOURO UNIVERSITY MEDICAL ASSOCIATES 1805 N CALIFORNIA ST STE 201 STOCKTON CA 95204 843786336 HEALTH CARE CA N/A C 1 TOURO COLLEGE OF DENTAL MEDICINE FACULTY PRACTICE CORPORATION 202 WEST 43RD STREET NEW YORK NY 10036 871129539 HEALTH CARE NY N/A C 1 SPEECH LANGUAGE PATHOLOGY PC 40 SUNSHINE COTTAGE RD VALHALLA NY 10595 720564834 HEALTH CARE NY N/A C 1 LOVELACE SCIENTIFIC RESOURCE 2441 RIDGECREST DRIVE SE ALBUQUERQUE NM 87108 850357767 CLINICAL TRIAL RESEARCH NM N/A C 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 SCHEDULE R, PART V TRANSACTIONS WITH RELATED ORGANIZATIONS UNDER IRC SECTIONS 512(B)(13) AND 318, ORGANIZATIONS CONTROLLED BY TOURO UNIVERSITY ARE ATTRIBUTED CONSTRUCTIVE OWNERSHIP BETWEEN THE BROTHER/SISTER RELATED ENTITIES ON SCHEDULE R. ALL TRANSACTIONS WITH DIRECTLY CONTROLLED ORGANIZATIONS ARE REPORTED ON PART V, LINE 2.