2026-01-06T13:25:51-05:00 2025-05-31 471349926 FRANK J SCARANO CPA PROFESSIONAL LLC 44 PRYER TERRACE NEW ROCHELLE NY 108044419 990 2024-06-01 237054819 FRIENDS OF MCGILL UNIVERSITY INC C/O FRANK J SCARANO CPA PLLC FRIE 6177593539 44 PRYER TERRACE NEW ROCHELLE NY 108044419 MARK TABORSKY TREASURER 2129882772 2025-11-21 true true MARY JANE PISANI CPA P00544583 9146326633 2025-12-23 2024 2025-03-06 01:10:19Z MARK TABORSKY 27 WOODWORTH RD NEEDHAM MA 02492 13805401 false X N/A X 1945 NY TO ADVANCE EDUCATION AND MAKE GRANTS FOR CHARITABLE AND EDUCATIONAL PURPOSES 10 10 0 0 5516776 12437580 0 426974 415746 0 5943750 12853326 5994581 11026303 0 0 0 0 39671 56620 6034252 11082923 -90502 1770403 10668131 12932497 149303 154143 10518828 12778354 TO ADVANCE EDUCATION AND MAKE GRANTS FOR CHARITABLE AND EDUCATIONAL PURPOSES false false 9798880 9798880 THE ORGANIZATION ADVANCES EDUCATION THROUGH GRANTS. THE GRANTS WERE FOR CHARITABLE PURPOSES TO THE ROYAL INSTITUTION FOR THE ADVANCEMENT OF LEARNING ALSO KNOWN AS MCGILL UNIVERSITY EIN 98-6001153. THE GRANTS MADE TO MCGILL UNIVERSITY WERE FOR GENERAL EDUCATIONAL PURPOSES. 1227423 1227423 DONATIONS OF 1,060,000 TO MONTREAL GENERAL HOSPITAL FOUNDATION 147,300 TO MONTREAL CHILDREN'S HOSPITAL FOUNDATION AND 20,123 TO THE CEDAR CANCER INSTITUTE GIVEN FOR CHARITABLE PURPOSES. 11026303 true true false false false false false false false true false false false false false true true false false true true true false false false false false false false false false false false false false false false false true false false false false false false false false true 2 0 0 false true CA false false false false false false X 10 10 false false false false false false false true true false false false true true true true true false false false NY X FRANK J SCARANO CPA PLLC FRANK J SCARANO CPA PLLC 9146326633 44 PRYER TERRACE C/O MJ PISANI NEW ROCHELLE NY 10804 X HAROLD J TRISCHMAN PRESIDENT 5.00 X 0 0 0 MARK TABORSKY TREASURER 5.00 X 0 0 0 DAVID C MCCUTCHEON ASST TREASUR 1.00 X 0 0 0 ANTON ANGELICH SECRETARY 4.00 X 0 0 0 DIANA M GALER DIRECTOR 1.00 X 0 0 0 MARGARET GILLIAM DIRECTOR 1.00 X 0 0 0 DR JOHANNE KAPLAN DIRECTOR 1.00 X 0 0 0 DILSHAD MAROLIA DIRECTOR 1.00 X 0 0 0 PIERRE MICHAEL PETTIGREW DIRECTOR 1.00 X 0 0 0 YANXI TAN CAIN DIRECTOR 1.00 X 0 0 0 false false false 12437580 74548 12437580 385832 385832 981989 952075 29914 29914 29914 12853326 29914 385832 11026303 11026303 225 225 50900 50900 607 607 2428 2428 BANK CHARGES 2400 2400 BROKERAGE FEES 60 60 11082923 11026303 56620 0 203779 195238 135205 149386 13384 10329147 12574489 10668131 12932497 3000 3720 146303 150423 149303 154143 X 1596095 3418511 8922733 9359843 10518828 12778354 10668131 12932497 X 1770403 489123 X false true X true false X 4627298 7806549 4509848 5516776 12437580 34898051 4627298 7806549 4509848 5516776 12437580 34898051 702400 34195651 272678 281547 290807 402528 385832 1633392 36531443 0.93610 0.89010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9462375 810298 876797 43033 9352843 8250137 500000 1073741 321684 39819 9462375 8746650 -59240 401259 36014 8250137 9742766 -671617 280275 44224 8746650 7521725 2597004 335856 40107 9742766 0.30170 0.69830 true false X 13385482 489123 43033 532156 12853326 12853326 11125956 43033 43033 11082923 11082923 SCHEDULE D, PAGE 2, PART V, LINE 4 TO ADVANCE EDUCATION AND MAKE GRANTS FOR CHARITABLE AND EDUCATIONAL TO MCGILL UNIVERSITY SCHEDULE D, PAGE 3, PART X THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THEY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE SCHEDULE D, PAGE 4, PART XI, LINE 2D ADMINISTRATIVE FEES 43,033 SCHEDULE D, PAGE 4, PART XII, LINE 2D ADMINISTRATIVE EXPENSES 43,033 true NORTH AMERICA 1 GRANTMAKING EDUCATION 9798880 NORTH AMERICA GRANTMAKING CHARITABLE 1227423 NORTH AMERICA INVESTMENTS 5433738 1 1 16460041 16460041 NORTH AMERICA GENERAL SUPPORT 20123 WIRE TRANSFER BOOK NORTH AMERICA PROGRAM SUPPORT 1755621 WIRE TRANSFER BOOK NORTH AMERICA FACULTY 1765975 WIRE TRANSFER BOOK NORTH AMERICA FACULTY OF MEDICINE 58704 WIRE TRANSFER BOOK NORTH AMERICA RESEARCH 2288336 WIRE TRANSFER BOOK NORTH AMERICA LIBARIES 284820 WIRE TRANSFER BOOK NORTH AMERICA EMERGING PRIORITIES 384260 WIRE TRANSFER BOOK NORTH AMERICA STUDENT SUPPORT 3072868 WIRE TRANSFER BOOK NORTH AMERICA INFRASTRUCTURE 91100 WIRE TRANSFER BOOK NORTH AMERICA GENERAL SUPPORT 97196 WIRE TRANSFER BOOK NORTH AMERICA GENERAL SUPPORT 147300 WIRE TRANSFER BOOK NORTH AMERICA GENERAL SUPPORT 1060000 WIRE TRANSFER BOOK 4 false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 2 THE FRIENDS OF MCGILL UNIVERSITY WAS ESTABLISHED TO AWARD GRANTS AND ASSISTANCE EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, EDUCATIONAL AND LITERARY ACTIVITIES, INCLUDING, BUT WITHOUT LIMITING THE GENERALITY OF THE FOREGOING: THE PROVIDING OF SCHOLARSHIPS TO ENABLE STUDENTS FROM THE UNITED STATES TO ATTEND MCGILL UNIVERSITY AND CANADIAN STUDENTS TO UNDERTAKE POST-GRADUATE STUDIES IN THE UNITED STATES. ALL GRANTS ARE APPROVED BY THE BOARD OF DIRECTORS. THE UNIVERSITY PRESENTS GRANT PROPOSALS TO THE ORGANZIATION FOR APPROVAL. THE GRANTS ARE MONITORED BY THE STAFF OF MCGILL UNIVERSITY. THEY ATTEND THE FRIENDS OF MCGILL UNIVERSITY'S BOARD MEETINGS AND REPORT THEIR ACTIVITIES AND ACCOMPLISHMENTS. SCHEDULE F, PAGE 1, PART I, LINE 3 NORTH AMERICA 9,798,880 0 NORTH AMERICA 1,227,423 0 NORTH AMERICA 0 5,433,738 X 4 67498 X 2 7050 false true false FORM 990, PART V, LINE 4B CANADA FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE ORGANIZATIONS FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS VIA E MAIL. FORM 990, PAGE 6, PART VI, LINE 12C ANY DIRECTOR OR OFFICER HAVING AN INTEREST IN A CONTRACT OR ANY OTHER TRANSACTION PRESENTED TO THE BOARD FOR RECOMENDATION, AUTHORIZATION, APPROVAL OR RATIFACATION SHALL GIVE PROMPT, FULL AND FRANK DISCLOSURE OF THEIR INTEREST TO THE BOARD PRIOR TO BOARD ACTION ON THE PROPOSED ARRANGEMENT. ANY PERSON HAVING MADE A DISCLOSURE MAY MAKE A PRESENTATION AT A BOARD MEETING, BUT AFTER THE PRESENTATION, THEY SHALL LEAVE THE MEETING DURING THE DISCUSSION OF AND THE VOTE UPON THE ARRANGEMENT INVOLVING THE POTENTIAL CONFLICT OF INTEREST, AND SUCH PERSON MAY NOT BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM. THE BOARD SHALL THEREUPON DETERMINE, BY MAJORITY VOTE, WHETHER THE DISCLOSURE INDICATES THAT A CONFLICT OF INTEREST EXISTS OR COULD REASONABLY BE CONSTRUED TO EXIST. IF THE BOARD DETERMINES THAT A CONFLICT OF INTEREST EXISTS OR COULD REASONABLY BE CONSTRUED TO EXIST, THE BOARD SHALL INVESTIGATE ALTERNATIVES TO THE PROPOSED ARRANGEMENT AND AFTER EXERCISING DUE DILIGENCE, THE BOARD SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN WITH REASONABLE EFFORT A MORE ADVANTAGEOUS ARRANGEMENT. AFTER THAT, DUE DILIGENCE CONSISTENT WITH THE QUORUM REQUIREMENT IN THIS SECTION, THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE ARRANGEMENT IS IN THE CORPORATIONS BEST INTEREST, WHETHER IT IS FAIR AND REASONABLE TO THE CORPORATION, AND WHETHER TO ENTER INTO THE ARRANGEMENT OR SOME OTHER MORE ADVANTAGEOUS ARRANGEMENT. THE MINUTES OF THE MEETING SHALL REFLECT THE DISCLOSURE MADE, THE VOTE THEREON, THE ABSTENTION FROM VOTING AND PARTICIPATION BY NAME, THE CONTENT OF THE DISCUSSION, AND WHETHER THE REQUIRED QUORUM WAS PRESENT. IF THE BOARD DISCOVERS THAT AN INDIVIDUAL APPEARS TO HAVE FAILED TO MAKE ANY MANDATORY DISCLOSURE, THE BOARD SHALL UNDERTAKE APPROPRIATE DUE DILIGENCE INVESTIGATION AND ANY NECESSARY DISCIPLINARY AND CORRECTIVE ACTION. EACH DIRECTOR, OFFICER, EMPLOYEE AND COMMITTEE MEMBER SHALL ANNUALLY SIGN A STATEMENT THAT AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES AND AVIOD PROHIBITED PRIVATE INUREMENT OF ITS ASSETS. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE PROVIDED TO THE PUBLIC UPON WRITTEN REQUEST VIA US MAIL OR E-MAIL. FORM 990, PART XI, LINE 9 ADMINISTRATIVE FEES 43,033 ADMINISTRATIVE EXPENSES -43,033