Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $89,565

• 1d · Related organizations

  $121,500

• 1f · All other contributions, gifts and grants

  $634,396

• 1g · Noncash contributions included above

  $34,841

• 3 · Investment income

  total $275,820 · excluded $275,820

• 7a · Gross sales of assets other than inventory

  securities $1,108,619

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

  securities $1,115,413

• 7c · Gain or loss

  securities -$6,794

• 7d · Net gain or loss

  total -$6,794 · excluded -$6,794

• 8a · Fundraising events: gross income

  $41,241

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

  $89,565

• 8b · Fundraising events: direct expenses

  $53,475

• 8c · Net income from fundraising events

  total -$12,234 · excluded -$12,234

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $898,181 · program services $898,181

• 11c · Fees: accounting

  total $13,200 · management and general $13,200

• 11e · Fees: professional fundraising services

  total $140,000 · fundraising $140,000

• 11f · Fees: investment management

  total $75,469 · management and general $75,469

• 14 · Information technology

  total $13,004 · management and general $13,004

• 17 · Travel

  total $2,558 · program services $1,062 · management and general $1,496

• 19 · Conferences, conventions and meetings

  total $3,191 · management and general $3,191

• 22 · Depreciation, depletion and amortization

  total $9,193 · program services $2,298 · management and general $3,232 · fundraising $3,663

• 24a · Other expenses: REIMBURSED COSTS - PERS

  total $298,551 · program services $81,511 · management and general $96,657 · fundraising $120,383

• 24b · Other expenses: REIMBURSED COSTS - IT

  total $26,954 · management and general $26,954

• 24c · Other expenses: REIMBURSED COSTS - OTHE

  total $23,077 · management and general $23,077

• 24d · Other expenses: REIMBURSED COSTS - OFFI

  total $7,687 · program services $1,777 · management and general $3,077 · fundraising $2,833

• 24e · All other expenses

  total $14,314 · management and general $8,354 · fundraising $5,960

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $452,622 · end of year $559,830

• 2 · Savings and temporary cash investments

  beginning of year $224,522 · end of year $305,329

• 9 · Prepaid expenses and deferred charges

  beginning of year $25,641 · end of year $12,200

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

  $209,393

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

  $190,978

• 10c · Land, buildings and equipment, net

  beginning of year $27,608 · end of year $18,415

• 11 · Investments: publicly traded securities

  beginning of year $7,561,461 · end of year $8,134,680

• 15 · Other assets

  beginning of year $3,592,532 · end of year $3,382,269

• 17 · Accounts payable and accrued expenses

  beginning of year $2,820 · end of year $202

• 19 · Deferred revenue

  beginning of year $3,825 · end of year $9,050

• 27 · Net assets without donor restrictions

  beginning of year $10,759,566 · end of year $11,240,529

• 28 · Net assets with donor restrictions

  beginning of year $1,118,175 · end of year $1,162,942

The filer's explanations (Part III)

PART I, LINE 1A:

THE EXECUTIVE DIRECTOR OF THE NEW YORK STATE BAR ASSOCIATION (NYSBA), A RELATED TAX EXEMPT ORGANIZATION (SEE SCHEDULE R), SERVES AS SECRETARY TO THE FOUNDATION BOARD. THIS INDIVIDUAL HOWEVER, RECEIVES NO COMPENSATION FROM THE FOUNDATION. UNDER IRS' DISCLOSURE REQUIREMENTS, THIS INDIVIDUAL'S COMPENSATION IS LISTED IN THE FOUNDATION'S FORM 990 UNDER BOTH PART VII AND SCHEDULE J. ADDITIONAL INFORMATION RELATING TO THIS INDIVIDUAL'S COMPENSATION ARRANGEMENT IS DETAILED IN THE 2023 FORM 990 FOR NYSBA.