Fdny Foundation
- Assets
- $25.9m
- Revenue
- $8.0m
- Investments
- $0.0
- Employees
- 6
- Location
- Brooklyn, NY
- Founding
- 04/1982
- Data as of
- 06/2021
- EIN
- 11-2632404
Organization Overview
Fdny Foundation is located in Brooklyn, NY. The organization was established in 1982. According to its NTEE Classification (M11) the organization is classified as: Single Organization Support, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 06/2022, Fdny Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fdny Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Fdny Foundation generated $8.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $8.9m during the year ending 06/2021. While expenses have increased by 2.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST THE FDNY IN ITS MISSION TO PREVENT AND RESPOND TO FIRES AND MEDICAL EMERGENCIES, DISASTER AND TERRORIST ACTS, PROTECTING THE LIVES AND PROPERTIES OF RESIDENTS AND VISITORS IN NEW YORK CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRE ZONE EDUCATIONAL PROGRAM - THE FDNY FOUNDATION OPERATES THE FIRE ZONE, A NEW STATE-OF-THE-ART LEARNING CENTER LOCATED IN MIDTOWN MANHATTAN IN ROCKEFELLER CENTER. THE FDNY FIRE ZONE PRE COVID HAD BEEN PROVIDING FIRE AND LIFE SAFETY EDUCATION TO MORE THAN 100,000 SCHOOL CHILDREN, ADULTS AND VISITORS EACH YEAR. AT THE FIRE ZONE, VISITORS EXPERIENCE THE DANGERS OF FIRE AND UNDERSTAND THE IMPORTANCE OF FIRE PREVENTION.
FIRE AND LIFE SAFETY PROGRAMS - THE FDNY FOUNDATION FUNDS EDUCATION, TRAINING AND EQUIPMENT FOR FDNY MEMBERS TO SERVE THE PUBLIC, SAVE LIVES AND PROTECT PROPERTY. FUNDING INCLUDES THE FDNY FIRE SAFETY EDUCATION UNIT, THE FDNY CPR UNIT AND AN ARRAY OF PROGRAMS TO EDUCATE THE PUBLIC IN FIRE AND SAFETY. THIS INCLUDES A COMPREHENSIVE SMOKE/CO ALARM INSTALLATION IN THOUSANDS OF HI FIRE RISK HOMES. WE ALSO PROVIDE FUNDS FOR MANY FDNY MEMBERS AND THEIR FAMILIES NEEDS FOR FDNY FIREFIGHTERS, EMT'S AND PARAMEDICS AS THEY RESPOND TO AN UNPRECEDENTED NUMBER OF EMERGENCY RESPONSES IN NEW YORK CITY.
WELLNESS PROGRAMS - THE FDNY FOUNDATION HELPS TO FUND VARIOUS FDNY HEALTH AND WELLNESS PROGRAMS TO HELP MEET THE NEEDS OF OUR FIRST RESPONDERS AND THEIR FAMILIES IMPACTED BY SICKNESS, TRAGEDY AND OTHER CHALLENGES. THIS SUPPORT INCLUDES THE FDNY COUNSELING PROGRAM, 9/11 HEALTH AND WELLNESS INITIATIVES. THE FDNY FOUNDATION FUNDING ALSO SUPPORTS VARIOUS TRAINING, FITNESS, HEALTH AND WELLNESS PROJECTS TO HELP FIRST RESPONDERS STAY IN OPTIMAL CONDITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Ruzow Chairman | OfficerTrustee | 5 | $0 |
Robert S Tucker Secretary | OfficerTrustee | 2 | $0 |
Robert T Zito Vice Chairman | OfficerTrustee | 2 | $0 |
Retired Commissionr Salvatore Cassa Director | Trustee | 2 | $0 |
Chris J Carrera Director | Trustee | 2 | $0 |
Joseph Coppotelli Former Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Adil Business Systems Inc Temp Employment | 6/29/21 | $861,370 |
Batwin And Robin Productions Construction Management | 6/29/21 | $731,837 |
Gs Ferguson Group Llc Construction Management | 6/29/21 | $477,072 |
Eurotech Construction Corp Consruction Contractor | 6/29/21 | $461,562 |
Striano Electric Co Inc Consruction Contractor | 6/29/21 | $515,885 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,066,391 |
| Investment income | $194,016 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $74,067 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $204,720 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $298,875 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,029,914 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $58,541 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $212,771 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $342,195 |
| Pension plan accruals and contributions | $2,709 |
| Other employee benefits | $13,702 |
| Payroll taxes | $35,488 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $64,726 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $67,016 |
| Fees for services: Other | $204,065 |
| Advertising and promotion | $84,350 |
| Office expenses | $434,903 |
| Information technology | $16,763 |
| Royalties | $0 |
| Occupancy | $1,036,019 |
| Travel | $23,354 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,863 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $342,890 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $8,901,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,832,236 |
| Savings and temporary cash investments | $1,231,171 |
| Pledges and grants receivable | $5,148,483 |
| Accounts receivable, net | $36,233 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $709,652 |
| Prepaid expenses and deferred charges | $47,865 |
| Investments—publicly traded securities | $10,308,552 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $25,859,384 |
| Accounts payable and accrued expenses | $127,523 |
| Grants payable | $1,500,000 |
| Deferred revenue | $599,220 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $105,826 |
| Other liabilities | $0 |
| Total liabilities | $2,332,569 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $23,526,815 |