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Nonprofiteer
← THE NEW YORK FOUNDLING

Form 990 for tax year 2024

Filed by THE NEW YORK FOUNDLING.

Totals

Total revenue
$256,905,246
Total expenses
$251,024,331
Contributions and grants received
$112,801,291
Grants paid
$0
Program service revenue
$124,312,436
Investment income
$12,859,538
Other revenue
$6,931,981
Total assets, end of year
$375,624,916
Total liabilities, end of year
$126,804,229
Net assets or fund balances, end of year
$248,820,687
Program services expenses (Part IX)
$216,705,822
Management and general expenses
$32,952,144
Fundraising expenses
$1,366,365
Program service expenses (Part III)
$216,705,822

Program services were 86.3% 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.

  • 1c · Fundraising events

    $668,678

  • 1e · Government grants (contributions)

    $103,600,771

  • 1f · All other contributions, gifts and grants

    $8,531,842

  • 1g · Noncash contributions included above

    $3,424,530

  • 2a · Program service revenue: NYS OPWDD

    total $105,642,643 · related or exempt $105,642,643

  • 2b · Program service revenue: FOSTER CARE

    total $10,779,015 · related or exempt $10,779,015

  • 2c · Program service revenue: ARTICLE 29I

    total $5,486,325 · related or exempt $5,486,325

  • 2d · Program service revenue: ARTICLE 31

    total $2,021,824 · related or exempt $2,021,824

  • 2e · Program service revenue: NYS MEDICAID

    total $382,629 · related or exempt $382,629

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $5,228,890 · excluded $5,228,890

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $122,247,564

  • 7b · Less cost or other basis and sales expenses

    securities $114,616,916

  • 7c · Gain or loss

    securities $7,630,648 · other assets $0

  • 7d · Net gain or loss

    total $7,630,648 · excluded $7,630,648

  • 8a · Fundraising events: gross income

    $255,500

  • 8a · Fundraising events: contributions included on line 1c

    $668,678

  • 8b · Fundraising events: direct expenses

    $255,500

  • 8c · Net income from fundraising events

    total $0 · excluded $0

  • 11a · Other revenue: OTHER PROGRAM REVENUE

    total $3,741,287 · related or exempt $3,741,287

  • 11b · Other revenue: SUB-LEASE RENT INC. FROM CHARTER SCHOOL

    total $3,190,694 · related or exempt $3,190,694

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $6,931,981

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $2,092,660 · program services $361,134 · management and general $1,731,526

  • 6 · Compensation of disqualified persons

    total $143,838 · program services $4,571 · management and general $139,267

  • 7 · Other salaries and wages

    total $130,225,152 · program services $117,057,438 · management and general $12,155,333 · fundraising $1,012,381

  • 8 · Pension plan contributions

    total $4,218,135 · program services $3,838,615 · management and general $349,341 · fundraising $30,179

  • 9 · Other employee benefits

    total $15,700,390 · program services $14,203,413 · management and general $1,385,468 · fundraising $111,509

  • 10 · Payroll taxes

    total $13,140,181 · program services $11,773,063 · management and general $1,274,858 · fundraising $92,260

  • 11b · Fees: legal

    total $417,201 · program services $155,464 · management and general $261,737

  • 11c · Fees: accounting

    total $397,826 · program services $148,244 · management and general $249,582

  • 11d · Fees: lobbying

    total $141,000 · program services $141,000

  • 11f · Fees: investment management

    total $754,725 · management and general $754,725

  • 11g · Fees: other

    total $7,548,179 · program services $2,724,265 · management and general $4,810,974 · fundraising $12,940

  • 13 · Office expenses

    total $6,042,628 · program services $5,389,613 · management and general $621,840 · fundraising $31,175

  • 16 · Occupancy

    total $11,373,290 · program services $11,206,131 · management and general $167,159

  • 17 · Travel

    total $5,542,938 · program services $4,131,699 · management and general $1,408,854 · fundraising $2,385

  • 20 · Interest

    total $2,345,798 · program services $279,539 · management and general $2,066,118 · fundraising $141

  • 22 · Depreciation, depletion and amortization

    total $5,145,018 · program services $3,763,606 · management and general $1,381,412

  • 23 · Insurance

    total $3,273,211 · program services $1,769,458 · management and general $1,503,753

  • 24a · Other expenses: EQUIPMENT REPAIR/MAINTENANCE

    total $11,055,845 · program services $10,277,639 · management and general $760,787 · fundraising $17,419

  • 24b · Other expenses: BOARD HOME/CLOTHING PASSTHRU

    total $10,806,695 · program services $10,806,695

  • 24c · Other expenses: PURCHASED SERVICES

    total $8,722,047 · program services $7,468,254 · management and general $1,228,619 · fundraising $25,174

  • 24d · Other expenses: ALLOWANCES AND ACTIVITIES

    total $5,244,902 · program services $5,236,731 · management and general $8,171

  • 24e · All other expenses

    total $6,692,672 · program services $5,969,250 · management and general $692,620 · fundraising $30,802

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,913,829 · end of year $6,102,625

  • 2 · Savings and temporary cash investments

    beginning of year $3,263,081 · end of year $3,779,525

  • 3 · Pledges and grants receivable

    beginning of year $2,433,324 · end of year $670,000

  • 4 · Accounts receivable

    beginning of year $27,255,676 · end of year $36,282,942

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $420,000 · end of year $360,000

  • 8 · Inventories for sale or use

    beginning of year $3,066 · end of year $14,853

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,709,268 · end of year $2,771,098

  • 10a · Land, buildings and equipment: cost or other basis

    $161,991,963

  • 10b · Land, buildings and equipment: accumulated depreciation

    $81,436,793

  • 10c · Land, buildings and equipment, net

    beginning of year $81,075,526 · end of year $80,555,170

  • 11 · Investments: publicly traded securities

    beginning of year $152,664,012 · end of year $162,856,035

  • 12 · Investments: other securities

    beginning of year $35,262,951 · end of year $44,728,330

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $36,144,130 · end of year $37,504,338

  • 17 · Accounts payable and accrued expenses

    beginning of year $28,441,280 · end of year $30,891,929

  • 20 · Tax-exempt bond liabilities

    beginning of year $284,305 · end of year $192,829

  • 21 · Escrow or custodial account liability

    beginning of year $681,097 · end of year $688,286

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $39,364,357 · end of year $46,740,769

  • 25 · Other liabilities

    beginning of year $46,725,667 · end of year $48,290,416

  • 27 · Net assets without donor restrictions

    beginning of year $213,923,398 · end of year $229,225,111

  • 28 · Net assets with donor restrictions

    beginning of year $15,724,759 · end of year $19,595,576

Mission and programs · 2024

Mission

THE NEW YORK FOUNDLING, IN THE TRADITION OF OPENNESS AND COMPASSION OF ITS SPONSORS, THE SISTERS OF CHARITY, HELPS CHILDREN, YOUTH, ADULTS, AND FAMILIES IN NEED THROUGH SERVICES, SUPPORTS, AND ADVOCACY THAT STRENGTHEN FAMILY AND COMMUNITY AND HELP EACH INDIVIDUAL REACH THEIR FULL POTENTIAL.

Activities or mission (Part I)

REGARDLESS OF CREED OR COLOR, THE FOUNDLING PROVIDES PREVENTIVE SERVICES TO KEEP CHILDREN SAFE AT HOME AND AVOID THE FOSTER CARE SYSTEM; AND SUPERVISION OF CHILDREN IN FOSTER AND ADOPTION HOMES; AFTER-CARE SUPERVISION OF CHILDREN DISCHARGED FROM FOSTER CARE; TUTORING OF CHILDREN IN THE FOSTER CARE SYSTEM; AND SHELTER, CARE AND CASEWORK SERVICES TO UNMARRIED MOTHERS. THE FOUNDLING ALSO PROVIDES SERVICES TO INDIVIDUALS WITH INTELLECTUAL AND/OR DEVELOPMENTAL DISABILITIES.

  • DEVELOPMENTAL DISABILITIES - THE FOUNDLING PROVIDES SUPPORT FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES THROUGHOUT THE NEW YORK METROPOLITAN AREA, REACHING MORE THAN 1000 ADULTS AND CHILDREN EVERY YEAR. OUR PROGRAMS CREATE A SUPPORTIVE AND NURTURING ENVIRONMENT, HELPING THE PEOPLE WE SERVE STRIVE TOWARD INDEPENDENCE AND BECOME THRIVING MEMBERS OF THEIR COMMUNITIES.

    Expenses $98,634,650 · Revenue $105,642,643

  • CHILD WELFARE - THE FOUNDLING IS KNOWN LOCALLY, NATIONALLY, AND INTERNATIONALLY FOR OUR EVIDENCE-BASED PROGRAMS FOR CHILDREN, ADOLESCENTS, AND FAMILIES. EVIDENCE-BASED PROGRAMS ARE PROVEN TO BE THE MOST EFFECTIVE PROGRAMS TO STRENGTHEN FAMILIES AND PREVENT THE NEED FOR CHILD WELFARE SYSTEM INVOLVEMENT. THE SUCCESS OF THESE PROGRAMS RESULT IN MAJOR TAXPAYER SAVINGS, AND, MOST IMPORTANTLY, KEEPS FAMILIES SAFE, SUPPORTED, AND TOGETHER.

    Expenses $53,822,131 · Revenue $11,161,644

  • EDUCATION - AT THE NEW YORK FOUNDLING, WE SEE EDUCATION AS THE PATHWAY TO INDEPENDENCE. ALL OF OUR PROGRAMS LAY THE GROUNDWORK FOR HEALTHY DEVELOPMENT, WELLBEING, AND SELF-DETERMINATION BY TEACHING CRITICAL LIFE AND LEARNING SKILLS. WE UNDERSTAND THAT EDUCATION IS MUCH MORE THAN WHAT HAPPENS IN A CLASSROOM, AND INCLUDES FAMILIES LEARNING TO COMMUNICATE, INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES LEARNING JOB SKILLS, AND CHILDREN WHO HAVE EXPERIENCED TRAUMA LEARNING STUDY SKILLS.

    Expenses $37,520,963

  • HEALTH AND BEHAVIORAL HEALTH - OUR HEALTH AND BEHAVIORAL HEALTH SERVICES SUPPORT CHILDREN AND ADOLESCENTS WHO HAVE EXPERIENCED POVERTY, CRISES, ABUSE, AND FAMILY STRESS IN THEIR HOME AND COMMUNITY TO HELP THEM MANAGE THEIR CHALLENGES IN THE CONTEXT OF THEIR EVERYDAY LIVES. USING EVIDENCE-BASED APPROACHES AND EMPLOYING HIGHLY-TRAINED MEDICAL AND MENTAL HEALTH PROFESSIONALS, OUR PROGRAMS MEET PEOPLE WHERE THEY ARE, AND CREATE STABILITY AS THEY ADDRESS THEIR HEALTH NEEDS

    Expenses $13,321,051 · Revenue $7,508,149

  • OTHER PROGRAMS - PROVIDE FAMILY-CENTERED AND COMMUNITY BASED SERVICES SUCH AS EDUCATION, SUPPLEMENTAL HOUSING, AND CAREER PLANNING.

    Expenses $8,343,757 · Revenue $6,931,981

  • JUVENILE JUSTICE - OUR JUVENILE JUSTICE SYSTEM WORKS LIKE A MAZE WITH TOO MANY ENTRANCES IN, BUT FAR TOO FEW EXITS OUT. DIVERSION PROGRAMS FOR YOUNG PEOPLE CAUGHT IN THE SYSTEM USE THERAPY AND COUNSELING TO ADDRESS AND RESOLVE THE BEHAVIOR THAT LED THE INDIVIDUAL INTO THE MAZE, OFFERING A VIABLE ALTERNATIVE TO CONVICTION, JAIL TIME, AND A CRIMINAL RECORD.

    Expenses $5,063,270

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Daniel Oneglia

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2
  • David M Mullane

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Sr Donna Dodge Sc

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Andrew S Roffe

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Antonio Perez-Marques

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Christine Stokes

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • David Taub

    TRUSTEE AS OF JUNE 2025

    Total calculated
    $0
    Hours/week
    1
  • Dennis Sheehan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Donald Matheson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Erik Beck

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Frank Brunckhorst

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Ilana Mazlin

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • James B Brune

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • James Hasso

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Karen K Morales Perez

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Kathleen L Werner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Kathleen Padian

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Nadia Owens

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Patricia A Mulvaney

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Robert E King

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Sarah Kim

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Sr Shiela Brosnan Sc

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Stephanie Davis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Steven Banks

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Tina King

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Yesenia Matos

    TRUSTEE AS OF JUNE 2025

    Total calculated
    $0
    Hours/week
    1
  • Ellen Levine

    SR. VP & CFO AS OF OCT 2024

    Total calculated
    $66,769
    From this org
    $66,538
    From related orgs
    $0
    Other
    $231
    Hours/week
    35 + 1 related
  • Melanie Hartzog

    PRESIDENT & CEO

    Total calculated
    $522,675
    From this org
    $457,687
    From related orgs
    $0
    Other
    $64,988
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $457,327
    Bonus
    $0
    Other
    $360
    Deferred
    $64,050
    Nontaxable benefits
    $938
    Filer's total
    $522,675
  • Michael Kurtz

    SR. VP & CFO THRU SEP. 2024

    Total calculated
    $314,348
    From this org
    $299,587
    From related orgs
    $0
    Other
    $14,761
    Hours/week
    35 + 1 related

    Schedule J breakdown matched by us

    Base
    $272,486
    Bonus
    $0
    Other
    $27,101
    Deferred
    $14,335
    Nontaxable benefits
    $426
    Filer's total
    $314,348
  • Molly Eagan

    CHIEF PROGRAM OFFICER

    Total calculated
    $319,883
    From this org
    $306,885
    From related orgs
    $0
    Other
    $12,998
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $295,853
    Bonus
    $10,000
    Other
    $1,032
    Deferred
    $12,444
    Nontaxable benefits
    $554
    Filer's total
    $319,883
  • Adrian Witzke

    CHIEF INFORMATION OFFICER

    Total calculated
    $253,904
    From this org
    $248,153
    From related orgs
    $0
    Other
    $5,751
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $247,601
    Bonus
    $0
    Other
    $552
    Deferred
    $5,197
    Nontaxable benefits
    $554
    Filer's total
    $253,904
  • Karen Alexander

    CHIEF HR OFFICER

    Total calculated
    $242,894
    From this org
    $232,638
    From related orgs
    $0
    Other
    $10,256
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $232,086
    Bonus
    $0
    Other
    $552
    Deferred
    $9,702
    Nontaxable benefits
    $554
    Filer's total
    $242,894
  • Akeem Marsh

    MEDICAL DIRECTOR

    Total calculated
    $251,520
    From this org
    $243,952
    From related orgs
    $0
    Other
    $7,568
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $239,943
    Bonus
    $4,000
    Other
    $9
    Deferred
    $7,511
    Nontaxable benefits
    $57
    Filer's total
    $251,520
  • Anna Donnelly

    PEDIATRICIAN

    Total calculated
    $230,204
    From this org
    $216,104
    From related orgs
    $0
    Other
    $14,100
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $216,104
    Bonus
    $0
    Other
    $0
    Deferred
    $13,869
    Nontaxable benefits
    $231
    Filer's total
    $230,204
  • Daniella Volcy

    VICE PRESIDENT

    Total calculated
    $225,855
    From this org
    $214,135
    From related orgs
    $0
    Other
    $11,720
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $213,895
    Bonus
    $0
    Other
    $240
    Deferred
    $11,166
    Nontaxable benefits
    $554
    Filer's total
    $225,855
  • Ellen Eng

    CHIEF STRATEGY AND OPERATIONS OFFICER

    Total calculated
    $255,103
    From this org
    $249,814
    From related orgs
    $0
    Other
    $5,289
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $229,598
    Bonus
    $20,000
    Other
    $216
    Deferred
    $4,735
    Nontaxable benefits
    $554
    Filer's total
    $255,103
  • William Baccaglini

    FORMER CEO/SR. ADVISOR

    Total calculated
    $359,519
    From this org
    $353,430
    From related orgs
    $0
    Other
    $6,089
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $325,941
    Bonus
    $0
    Other
    $27,489
    Deferred
    $2,769
    Nontaxable benefits
    $3,320
    Filer's total
    $359,519

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 4a Severance or change-of-control payment
MICHAEL KURTZ, FORMER CFO, RECEIVED A SEVERANCE PAYMENT OF $25,883 AS REPORTED ON PART II, COLUMN (B)(III).
Schedule J, Part I, Line 7 Non-fixed payments
THE AMOUNT OF THE INCENTIVE COMPENSATION IS DETERMINED SOLELY BY THE EXECUTIVE COMMITTEE OF FOUNDLING'S BOARD OF TRUSTEES BASED, IN PART, ON EVIDENCE OF EXTRAORDINARY PERFORMANCE BY MS. HARTZOG TOWARD HER PROGRESS IN DEVELOPING AND IMPLEMENTING ALL ASPECTS OF FOUNDLING'S BUSINESS PLANS AND STRATEGIC PLANS, AS WELL AS HER EFFORTS IN GUIDING THE AGENCY TOWARD ATTAINMENT OF FOUNDLING'S OPERATIONAL GOALS. MS. HARTZOG IS ELIGIBLE TO RECEIVE, INCENTIVE COMPENSATION NOT TO EXCEED $50,000 PER YEAR. THE INCENTIVE COMPENSATION SHE RECEIVED IN 2024 IS REPORTED ON SCHEDULE J, PART II, COLUMN B(II).

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2026
IRS schema version
2024v5.1
Source object
202601349349304575

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