Totals
- Total revenue
- $41,867
- Total expenses
- $1,688,359
- Contributions and grants received
- $305
- Grants paid
- $1,630,704
- Program service revenue
- $0
- Investment income
- $41,562
- Other revenue
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $0
- Program services expenses (Part IX)
- $1,630,704
- Management and general expenses
- $57,655
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,630,704
Program services were 96.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$305
-
3 · Investment income
total $41,562 · excluded $41,562
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,630,704 · program services $1,630,704
-
11b · Fees: legal
total $33,155 · management and general $33,155
-
11c · Fees: accounting
total $24,500 · management and general $24,500
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,646,492 · end of year $0
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $1,646,492 · end of year $0
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
THE NEW YORK METS FOUNDATION FUNDS AND PROMOTES A VARIETY OF EDUCATIONAL, SOCIAL AND ATHLETIC PROGRAMS AND OTHER CHARITABLE CAUSES. FOR MORE INFORMATION, SEE SCHEDULE O.
Activities or mission (Part I)
SEE SCHEDULE O.
-
GRANTS TO OTHER CHARITABLE ORGANIZATIONS AND CAUSES INCLUDING COMMUNITY ORGANIZATIONS, SCHOLARSHIP FUNDS, PUBLIC PARKS IMPROVEMENT PROJECTS, VARIOUS SOCIAL SERVICE ORGANIZATIONS AND OTHER ORGANIZED CHARITIES THAT BENEFIT THE COMMUNITY AS A WHOLE.
Expenses $1,630,704 · Grants $1,630,704
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Alexandra CohenALEXANDRA COHEN
TRUSTEE/EXEC VP
- Total calculated
- $0
- Hours/week
- 1 + 49 related
-
Steven CohenSTEVEN COHEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 49 related
-
Stephen CannaSTEPHEN CANNA
TRUSTEE/TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 49 related
-
Jeanne MelinoJEANNE MELINO
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 49 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$1,630,704
CHARITABLE PURPOSES
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · COMMUNITY SERVICE · DE
-
STEVEN & ALEXANDRA COHEN FOUNDATION INC
501(C)(3) · GRANTMAKING FDN · CT
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
KPMG LLP
$24,500
Liquidation · TAX & ACCOUNTING FEES · Aug 15, 2023 · PARTNERSHIP
-
PATTERSON BELKNAP WEBB & TYLER LLP
$33,155
Liquidation · LEGAL FEES · Aug 25, 2023 · PARTNERSHIP
-
$1,630,704
Liquidation · REMAINING CASH ASSETS · Aug 25, 2023 · 501(C)(3)
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 4 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202420669349300442
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