2026-05-15T09:51:29+00:00 2025-06-30 135565207 KPMG LLP 1735 Market Street 6th Floor Philadelphia PA 19103 990 2024-07-01 135562167 BANK STREET COLLEGE OF EDUCATION BANK 2128754400 610 WEST 112TH STREET NEW YORK NY 100251120 SHAEL POLAKOW-SURANSKY PRESIDENT 2026-05-15 true true PHILLIP E GROFF P01247783 2672567000 2026-05-15 2024 2025-03-06 01:10:19Z SHAEL POLAKOW-SURANSKY 610 WEST 112TH STREET NEW YORK NY 100251120 101812762 false X WWW.BANKSTREET.EDU X 1931 NY An independent coeducational institution offering an elementary school, a graduate teachers' college, a family and childcare center, and professional development and education in accordance with grants and contracts. 36 35 697 950 0 17083992 24813428 68775983 63318498 582962 2198925 1716796 475493 88159733 90806344 21739155 26415389 0 43240406 44883550 0 0 2707795 16652696 20440389 81632257 91739328 6527476 -932984 99680991 100920076 38926597 37959747 60754394 62960329 X The mission of Bank Street College is to improve the education of children and their teachers by applying to the education process all available knowledge about learning and growth and by connecting teaching and learning meaningfully to the outside world. In so doing, we seek to strengthen not only individuals, but the community as well, including family, school, and the larger society in which adults and children, in all their diversity, interact and learn. We see in education the opportunity to build a better society. false false 31834720 16033196 27218576 GRADUATE SCHOOL - BANK STREET'S GRADUATE SCHOOL OF EDUCATION OFFERS MASTER'S PROGRAMS THAT INTEGRATE DIRECT EXPERIENCE WITH CHILDREN, TEACHERS AND FAMILIES, EXPLORATION AND EXAMINATION OF THEORY AND OBSERVATION AND REFLECTION. OUR GRADUATE DEGREES IN EDUCATION PROVIDE OUR STUDENTS WITH A THOROUGH, RIGOROUS, HUMANISTIC FOUNDATION FOR THEIR CAREERS IN EARLY CHILDHOOD, ELEMENTARY, AS WELL AS EDUCATIONAL LEADERSHIP, MUSEUM EDUCATION, CHILD LIFE, AND READING AND LITERACY. WE PREPARE EDUCATORS TO FIND WAYS TO MAKE LEARNING VITAL, ACTIVE, AND CREATIVE. 26154008 10067528 30665066 SCHOOL FOR CHILDREN - BANK STREET HAS BEEN SERVING STUDENTS FOR 100 YEARS BY PROVIDING HIGH QUALITY EARLY CHILDHOOD PROGRAMS WHICH INCLUDE AN INDEPENDENT PROGRESSIVE SCHOOL FOR CHILDREN, AN ONSITE FAMILY CENTER AND AFTER SCHOOL AND SUMMER CAMP PROGRAMS. THE FAMILY CENTER, THE SCHOOL FOR CHILDREN, AFTER SCHOOL AND SUMMER CAMP ARE REFERRED TO AS CHILDREN'S PROGRAMS AT BANK STREET, AND ARE ADMINISTERED BY THE DEAN OF CHILDREN'S PROGRAMS. 12626531 314665 5568044 BSEC - THE BANK STREET EDUCATION CENTER PARTNERS WITH SCHOOLS, SCHOOL SYSTEMS, STATES, AND COMMUNITIES TO FOSTER POSITIVE LEARNING OUTCOMES FOR STUDENTS AND EDUCATORS AND TO ADVANCE PRACTICE AND POLICY IN THE FIELD OF EDUCATION NATIONWIDE. OUR WORK AIMS TO IMPROVE THE CARE AND EDUCATION OF STUDENTS FROM BIRTH THROUGH HIGHER EDUCATION BY STRENGTHENING AND ENABLING THE SUCCESS OF THE ADULTS WHO SUPPORT THEM. THROUGH A DISTINCT SET OF SPECIALIZED PROGRAMS AND PARTNERSHIPS, THE BANK STREET EDUCATION CENTER IS BUILDING AN EVIDENCE BASE TO INFORM LOCAL PRACTICE AND ADDRESS SOME OF THE NATION'S DEEPEST ORGANIZATIONAL CHALLENGES CURRENTLY HINDERING EFFECTIVE AND EQUITABLE TEACHING AND LEARNING FOR ALL. 5149422 0 462619 AUXILIARY ACTIVITIES, INCLUDING FOOD SERVICES. 5149422 462619 75764681 true true false true false false false false false true true false false false true true true false true false true false false false true false false true true true true false false false false false false false false false false true false false false false false false false false false true 967 0 true 697 true false false false false false true true false false false false false false X 36 35 false false false false false false false true true false false false true true true true true true true true false false X EDISON DE LA CRUZ 2128754400 610 WEST 112TH ST NEW YORK NY 10025 HOWARD S STEIN TRUSTEE & TREASURER 1.0 0.0 X X 0 0 0 JEFFREY I SUSSMAN TRUSTEE & VICE CHAIR 1.0 0.0 X X 0 0 0 LISA LEWIN TRUSTEE & SECRETARY 1.0 0.0 X X 0 0 0 SHAEL POLAKOW- SURANSKY PRESIDENT 35.0 0.0 X X 650393 0 257590 VICTORIA HAMILTON TRUSTEE & CHAIR 1.0 0.0 X X 0 0 0 ADAM LITKE TRUSTEE 1.0 0.0 X 0 0 0 Alexis Armistead Trustee 1.0 0.0 X 0 0 0 ANNE v SHUTKIN TRUSTEE 1.0 0.0 X 0 0 0 ANTHONY ASNES TRUSTEE 1.0 0.0 X 0 0 0 BARBARA SCHATZ TRUSTEE 1.0 0.0 X 0 0 0 CARLOS VELAZQUEZ TRUSTEE 1.0 0.0 X 0 0 0 CHARLES R BENDIT TRUSTEE 1.0 0.0 X 0 0 0 CHRISTOPHER KELLEN TRUSTEE 1.0 0.0 X 0 0 0 DAVID OFFENSEND TRUSTEE 1.0 0.0 X 0 0 0 DEBBIE ZLOTOWITZ TRUSTEE 1.0 0.0 X 0 0 0 Farhad Asghar Trustee (START 07/2024) 1.0 0.0 X 0 0 0 FERN KHAN TRUSTEE 1.0 0.0 X 0 0 0 JAY CHAKRAPANI TRUSTEE 1.0 0.0 X 0 0 0 JEFFREY Q SMITH TRUSTEE 1.0 0.0 X 0 0 0 Jody Feldman Trustee (START 07/2024) 1.0 0.0 X 0 0 0 JONATHAN COLE TRUSTEE 1.0 0.0 X 0 0 0 KENNETH LERER TRUSTEE 1.0 0.0 X 0 0 0 KRISTEN KANE TRUSTEE 1.0 0.0 X 0 0 0 KRISTIN BLACK TRUSTEE 1.0 0.0 X 0 0 0 MARGARET HONEY TRUSTEE 1.0 0.0 X 0 0 0 MARIANNA MCCALL TRUSTEE 1.0 0.0 X 0 0 0 Mark Nagasawa Trustee 1.0 0.0 X 0 0 0 Melle Powers Trustee 1.0 0.0 X 0 0 0 NANCIE COOPER TRUSTEE 1.0 0.0 X 0 0 0 PAUL ELLIS TRUSTEE (END 01/2025) 1.0 0.0 X 0 0 0 REBECCA MAI TRUSTEE 1.0 0.0 X 0 0 0 RUSSELL GRANET TRUSTEE 1.0 0.0 X 0 0 0 Sara Kliger Trustee 1.0 0.0 X 0 0 0 SEAN DECATUR TRUSTEE 1.0 0.0 X 0 0 0 SHILLA KIM- PARKER TRUSTEE 1.0 0.0 X 0 0 0 WENDY VAN AMSON TRUSTEE 1.0 0.0 X 0 0 0 YOLANDA FERRELL- BROWN TRUSTEE 1.0 0.0 X 0 0 0 APARNA MURALIDHARAN CHIEF OPERATING OFFICER 35.0 0.0 X 290936 0 72423 JUSTIN TYACK SENIOR ADVISOR (END 8/9/24) 35.0 0.0 X 265539 0 25395 CAROLINA GONZALEZ CHIEF OF STAFF & SEN. RESEARCH ASSOCIATE 35.0 0.0 X 182567 0 0 DOUGLAS KNECHT DEAN, SCHOOL FOR CHILDREN (end 6/30/25) 35.0 0.0 X 390811 0 83907 KATHERINE CONNELLY VP, PLANNING & COMMUNICATIONS 35.0 0.0 X 210765 0 25142 MARCELA HAHN VP, DEVELOPMENT 35.0 0.0 X 253180 0 17539 SULEYNI ABREU DEPUTY CHIEF OPERATING OFFICER 35.0 0.0 X 187997 0 13253 TRACY FRAY- OLIVER VP, BANK STREET EDUCATION CENTER 35.0 0.0 X 265711 0 47626 AMY WELLS CHIEF RESEARCH OFFICER 35.0 0.0 X 240472 0 28889 ELYSE MATTHEWS CHIEF HUMAN RESOURCES OFFICER 35.0 0.0 X 168189 0 39166 EMILY LINSAY LOWER SCHOOL & MIDDLE SCHOOL DIVISION HEAD 35.0 0.0 X 170569 0 53753 JESSICA CHARLES ASSOCIATE DEAN, GRAD SCHOOL (END 6/30/25) 35.0 0.0 X 163643 0 10691 JUDITH JOHNSON CHIEF INFORMATION OFFICER 35.0 0.0 X 177298 0 42674 3618070 0 718048 101 false true false Noodle Partners PBC 60 CHELSEA PIERS NEW YORK NY 10011 ONLINE LEARNING CONSULTING SERVICES 3628478 Preserv Building 96 14TH STREET BROOKLYN NY 11215 CONSTRUCTION CONTRACTOR 1410971 IBS Direct DBA IBS 36-06 43rd STREET 2nd FLOOR LONG ISLAND CITY NY 11101 BUILDING CLEANING SERVICES 445580 Butter Beans Inc 39-01 22ND ST LONG ISLAND CITY NY 11101 FOOD SERVICES 376359 Samantha General 1511 Sheridan Avenue Bronx NY 10457 CONSTRUCTION CONTRACTOR 350802 20 1307589 7903647 15602192 10557897 24813428 Tuition and Fees 611600 57105704 57105704 Professional Development Fees 611430 5823529 5823529 Auxiliary Activities 722320 389265 389265 0 0 0 0 63318498 1143770 1143770 14748 14748 0 0 11798351 10743196 1055155 0 1055155 1055155 128160 1307589 263222 -135062 -135062 FEES-WORKSHOPS/CONFERENCES 611710 302328 302328 OTHER INCOME 900099 279682 279682 EXPENSE RECOVERY 900099 13797 13797 0 0 0 0 595807 90806344 63914305 0 2078611 314665 314665 26100724 26100724 3162435 850090 1990148 322197 32597177 26202166 5057244 1337767 1521340 1222879 236026 62435 5212608 4189984 808703 213921 2389990 1921114 370792 98084 207189 22820 178682 5687 169300 44000 125300 93869 93869 90806 90806 8388071 6506525 1588775 292771 342968 342519 449 1289078 1169146 38517 81415 932025 131196 763623 37206 2725918 2050890 568324 106704 292270 292270 1480680 1384485 71688 24507 914607 688121 190684 35802 2190456 1648026 456686 85744 484829 484829 Provision for Uncollectible Pledges 377195 377195 Other Expenses 228748 157486 70366 896 Membership Fees 173168 148380 22578 2210 Photocopying Expenses 59212 59212 0 0 0 0 91739328 75764681 13266852 2707795 2122929 1687292 3911662 8424954 10478156 8841632 2796802 1985103 0 0 0 0 1127715 969159 70072877 44869853 25103204 25203024 51964091 47254481 0 4726885 279339 271861 1897093 1555685 99680991 100920076 7103631 6573110 4604240 5432404 15989808 15374229 0 0 5000000 4000000 6228918 6580004 38926597 37959747 X 5670463 4080398 55083931 58879931 60754394 62960329 99680991 100920076 X -932984 3585929 -447010 X false true true true true X 20549952 13302839 17421520 17083992 24813428 93171731 0 0 20549952 13302839 17421520 17083992 24813428 93171731 3614718 89557013 1024927 1191711 1081654 737076 1158518 5193886 0 2500 4050 75250 121404 128160 331364 98696981 293154972 0.90739 0.8832 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - 2500.0, COLUMN B - 4050.0, COLUMN C - 75250.0, COLUMN D - 121404.0, COLUMN E - 128160.0, COLUMN F - 331364.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false false false true 93869 93869 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY BANK STREET COLLEGE OF EDUCATION HIRED A CONSULTING FIRM THAT SPECIALIZES IN LOBBYING ACTIVITIES RELATED TO THE HIGHER EDUCATION INDUSTRY. THE COLLEGE PAID $93,869 TO LOBBYING CONSULTANTS DURING THE YEAR ENDED JUNE 30, 2025. 34651411 2480166 3569899 1587643 39113833 30897363 1737878 3591595 1575425 34651411 29909958 303826 2271023 1587444 30897363 35029678 -3616300 1503420 29909958 29299081 78566 7427977 1775946 35029678 0.0271 0.9729 0.0 false false 595000 595000 13293528 10832917 2460611 40127026 20658803 19468223 14762379 13376514 1385865 1294944 1619 1293325 25203024 Federal Income Taxes POSTRETIREMENT HEALTH BENEFIT PLAN 5347238 CONDITIONAL ASSET RETIREMENT OBLIGATIONS 604360 REFUNDABLE GOVERNMENT LOAN PROGRAM 628406 6580004 X 68463965 3585929 -26100724 -22514795 90978760 90806 -263222 -172416 90806344 66258030 710232 710232 65547798 90806 26100724 26191530 91739328 Schedule D, Part V, Line 4 Intended uses of endowment funds THE COLLEGE'S ENDOWMENT CONSISTS OF A PORTFOLIO OF ACTIVELY MANAGED FUNDS ESTABLISHED TO PROVIDE BOTH A SOURCE OF OPERATING FUNDS AS WELL AS LONG-TERM FINANCIAL STABILITY. THE ENDOWMENT INCLUDES BOTH DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. ENDOWMENT FUNDS MAY HAVE PURPOSE RESTRICTIONS ON USE OF THE INCOME. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE COLLEGE IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND THEREFORE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (A) OF THE CODE AND A SIMILAR PROVISION OF THE STATE OF NEW YORK INCOME TAX LAW. ACCORDINGLY, THE COLLEGE IS NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSE. THE COLLEGE RECOGNIZES THE BENEFITS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. NO PROVISION FOR INCOME TAXES WAS REQUIRED IN 2025 OR 2024. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 TUITION DISCOUNTS AND SCHOLARSHIPS - -26100724 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Direct costs of fundraising events - -263222 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 DIRECT COST OF FUNDRAISING - 263222 Tuition reimbursements - 30659 Change in value of post retirement benefits - 83973 Change in value of interest rate swap - 332378 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements TUITION DISCOUNTS AND SCHOLARSHIPS - 26100724 true true true true true true true false false false false false false false false true false false Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY RACIALLY NONDISCRIMINATORY POLICY & GOVERNMENT ASSISTANCE THE COLLEGE PUBLICIZES ITS NON-DISCRIMINATION POLICY IN REGISTRATION MATERIALS, BROCHURES AND ON ITS WEBSITE. THE COLLEGE IS COMMITTED TO ENSURING THAT IT DOES NOT RACIALLY DISCRIMINATE AGAINST ANY INDIVIDUAL. THE COLLEGE RECEIVES FEDERAL AND STATE EDUCATIONAL ASSISTANCE GRANTS SUCH AS PELL, BUNDY AND SIMILAR SOURCES. Central America and the Caribbean 0 0 Investments 4726885 0 0 0 0 0 0 4726885 0 4726885 true false true true false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual THE BANK STREET CELEBRATION 1341662 1225752 115910 172836 41314 SFC CELEBRATION DINNER 94087 81837 12250 43932 5140 0 1435749 1307589 128160 216768 46454 263222 -135062 true UNIVERSITY SETTLEMENT SOCIETY OF NEW ORK 184 ELDRIDGE STREET NEW YORK NY 10002 135562374 501(C)(3) 22500 LEARNING STARTS AT BIRTH INITIATIVE UNION SETTLEMENT ASSOCIATION INC 118 EAST 108TH STREET NEW YORK NY 10029 131632530 501(C)(3) 22500 LEARNING STARTS AT BIRTH INITIATIVE THE FUND FOR PUBLIC SCHOOLS INC 52 CHAMBERS STREET NEW YORK NY 10007 112656137 501(C)(3) 202000 BROOKLYN SOUTH NETWORK FOR SCHOOL IMPROVEMENT INITIATIVE SOUTHEAST BRONX NEIGHBORHOOD CENTERS INC 955 TINTON AVENUE BRONX NY 10456 132675560 501(C)(3) 22500 LEARNING STARTS AT BIRTH INITIATIVE GRAND STREET SETTLEMENT INC 80 PITT STREET NEW YORK NY 10002 135562230 501(C)(3) 22500 LEARNING STARTS AT BIRTH INITIATIVE HAMILTON-MADISON HOUSE INC 253 SOUTH STREET NEW YORK NY 10002 135562412 501(C)(3) 22665 LEARNING STARTS AT BIRTH INITIATIVE 6 0 Scholarships 1358 26100724 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds THE COLLEGE PROVIDES SCHOLARSHIPS TO STUDENTS MATRICULATING AT THE COLLEGE. ALL SCHOLARSHIPS ISSUED ARE APPLIED DIRECTLY AGAINST THE STUDENT'S TUITION BALANCE; THEREFORE, THE STUDENT CAN EXERCISE NO DISCRETION IN THE USE OF THE FUNDS. SINCE ALL SCHOLARSHIPS DEFRAY COST OF TUITION, NO FURTHER MONITORING OF THE SCHOLARSHIPS IS REQUIRED. PROGRAM MANAGERS WORK DIRECTLY WITH GRANTEES RECEIVING GRANT FUNDS AND MONITOR THE FUNDS ACCORDING TO THE GRANT AGREEMENT. MONITORING INCLUDES CONDUCTING REGULAR CONTACT/WORKING SESSIONS WITH THE GRANTEE OR DIRECT ASSISTANCE WITH THE IMPLEMENTATION OF THE GRANT ACTIVITIES. X true true X X X X false false false false false false false false false SHAEL POLAKOW- SURANSKY PRESIDENT 606602 0 0 0 43791 0 44562 0 213028 0 907983 0 0 0 APARNA MURALIDHARAN CHIEF OPERATING OFFICER 290936 0 0 0 0 0 18919 0 53504 0 363359 0 0 0 JUSTIN TYACK SENIOR ADVISOR (END 8/9/24) 265539 0 0 0 0 0 16207 0 9188 0 290934 0 0 0 SULEYNI ABREU DEPUTY CHIEF OPERATING OFFICER 187997 0 0 0 0 0 12087 0 1166 0 201250 0 0 0 KATHERINE CONNELLY VP, PLANNING & COMMUNICATIONS 210765 0 0 0 0 0 13468 0 11674 0 235907 0 0 0 CAROLINA GONZALEZ CHIEF OF STAFF & SEN. RESEARCH ASSOCIATE 182567 0 0 0 0 0 0 0 0 0 182567 0 0 0 MARCELA HAHN VP, DEVELOPMENT 253180 0 0 0 0 0 15889 0 1650 0 270719 0 0 0 DOUGLAS KNECHT DEAN, SCHOOL FOR CHILDREN (end 6/30/25) 349034 0 0 0 41777 0 24977 0 58930 0 474718 0 0 0 TRACY FRAY- OLIVER VP, BANK STREET EDUCATION CENTER 265711 0 0 0 0 0 17342 0 30284 0 313337 0 0 0 EMILY LINSAY LOWER SCHOOL & MIDDLE SCHOOL DIVISION HEAD 170569 0 0 0 0 0 13502 0 40251 0 224322 0 0 0 ELYSE MATTHEWS CHIEF HUMAN RESOURCES OFFICER 168189 0 0 0 0 0 11781 0 27385 0 207355 0 0 0 JESSICA CHARLES ASSOCIATE DEAN, GRAD SCHOOL (END 6/30/25) 163643 0 0 0 0 0 10367 0 324 0 174334 0 0 0 JUDITH JOHNSON CHIEF INFORMATION OFFICER 177298 0 0 0 0 0 11816 0 30858 0 219972 0 0 0 AMY WELLS CHIEF RESEARCH OFFICER 240472 0 0 0 0 0 14328 0 14561 0 269361 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE COLLEGE PROVIDED HOUSING TO THE PRESIDENT, SHAEL POLAKOW-SURANSKY. THE HOUSING PROVIDED WAS FOR THE CONVENIENCE OF THE COLLEGE AND IS TREATED AS A NONTAXABLE BENEFIT. THE PROVIDED HOUSING WAS NOT INCLUDED IN THE PRESIDENT'S IRS FORM W-2. A DASNY SERIES 2017A 146000293 000000000 2017-02-17 18000000 CAPITAL PROJ., REFUND 2002 BOND false false false A 3868996 18103427 348229 15871154 1884044 2020 true false true true A false false true true false false 0.0 0.0 0.0 false false 0 false true A false false false true false true PEOPLE'S UNITED BANK 0.3 false false false 0 false false true A true Schedule K, Part III, Line 3a PRIVATE BUSINESS USE THE MANAGEMENT AND SERVICE CONTRACTS WERE REVIEWED AND IT WAS DETERMINED THE CONTRACTS DO NOT RESULT IN PRIVATE BUSINESS USE. Schedule K, Part II, Line 3 LINE 3 THE TOTAL PROCEEDS OF THE 2017A ISSUE EXCEEDS THE ISSUE PRICE OF THE BOND DUE TO INVESTMENT EARNINGS. EARNINGS ARE INCLUDED IN THE TOTAL PROCEEDS ON PART II, LINE 3. Schedule K, Part IV, Line 2c COLUMN A Issuer name: DASNY SERIES 2017A The calculation for computing no rebate due was performed on 04/17/2024 20 10557897 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - THE NUMBER OF CONTRIBUTIONS IS REPORTED. Form 990, Part III, Line 4d Description of other program services (Expenses $ 5,149,422 including grants of $ 0)(Revenue $ 462,619) AUXILIARY ACTIVITIES, INCLUDING FOOD SERVICES. Form 990, Part VI, Line 11b Review of form 990 by governing body A COPY OF FORM 990 WAS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW PRIOR TO FILING THE COMPLETE FORM 990 WITH THE IRS. THIS WILL ALSO BE PROVIDED TO THE FULL BOARD OF TRUSTEES. Form 990, Part VI, Line 12c Conflict of interest policy EACH OFFICER AND TRUSTEE OF THE COLLEGE IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF EMPLOYMENT OR BOARD SERVICE WITH THE COLLEGE. THE COLLEGE MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL QUESTIONNAIRE/DISCLOSURE STATEMENT THAT IS DISTRIBUTED TO THESE INDIVIDUALS. POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. ANYONE REFERENCED ABOVE WHO DISCLOSES A CONFLICT OF INTEREST WILL BE PROHIBITED FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISION-MAKING PROCESS RELATED TO THE CONFLICT. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE COLLEGE UNDERTAKES A THOROUGH PROCESS TO ENSURE THAT THE EXECUTIVE COMPENSATION IT PAYS TO ITS TOP MANAGEMENT OFFICIAL AND OTHER OFFICERS OF THE COLLEGE IS REASONABLE GIVEN THE MARKET IN WHICH THE COLLEGE OPERATES; THE MOST RECENT EVALUATION TOOK PLACE IN OCTOBER 2024. THE COLLEGE HAS ESTABLISHED A COMPENSATION COMMITTEE OF TRUSTEES THAT ARE INDEPENDENT PERSONS WITH NO PERSONAL INTEREST IN THE PROPOSED COMPENSATION AGREEMENT. THE COMPENSATION COMMITTEE UTILIZES COMPARABILITY AND BENCHMARKING SURVEYS TO ENSURE THAT THE COLLEGE COMPENSATES ITS EXECUTIVES COMMENSURATE WITH THE MARKET. THE COMPENSATION COMMITTEE WILL THEN SET THE COMPENSATION FOR THE RELEVANT EXECUTIVES AND DOCUMENT THE DECISION IN THE COMMITTEE MINUTES. Form 990, Part VI, Line 15b Process to establish compensation of other employees See narrative above for Part VI, Line 15a. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE FORM 990 IS LIKEWISE PUBLISHED ON THE INTERNET BY SEVERAL WEBSITES. THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND AT MANAGEMENT'S DISCRETION. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN FAIR VALUE OF INTEREST RATE SWAP - -332378; ADJUSTMENT FOR POSTRETIREMENT HEALTH BENEFIT PLAN - -83973; TUITION REIMBURSEMENT - -30659; Total - -447010; Form 990, Part XII, Line 1 IRC §1.263(a)-1(f) De Minimis Safe Harbor Election Statement BANK STREET COLLEGE OF EDUCATION HEREBY MAKES THE DE MINIMIS SAFE HARBOR ELECTION UNDER SECTION 1.263(A)-1(F) OF THE TREASURY REGULATIONS, EFFECTIVE FOR THE TAX YEAR ENDING JUNE 30, 2025. TAXPAYER HAS AN APPLICABLE FINANCIAL STATEMENT FOR THE YEAR OF THE ELECTION. THIS ELECTION PERMITS THE TAXPAYER TO DEDUCT FOR TAX PURPOSES ANY ITEM DEDUCTED UNDER ITS BOOK POLICY THAT DOES NOT EXCEED $5,000 PER INVOICE (OR PER ITEM, AS SUBSTANTIATED BY THE INVOICE) OR ITEMS HAVING AN ECONOMIC USEFUL LIFE OF TWELVE MONTHS OR LESS AS DESCRIBED IN SECTION 1.263(A)-1(F)(1)(I). TAXPAYER NAME: BANK STREET COLLEGE OF EDUCATION ADDRESS: 610 WEST 112TH STREET, NEW YORK, NY 10025-1120 TAXPAYER IDENTIFICATION NUMBER: 13-5562167