TY 2012 Form 990 Schedule O

efile Public Visual Render ObjectId: 201441269349301004 - Submission: 2014-05-06 TIN: 20-3099468

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.

OMB No. 1545-0047

2012

Open to Public
Inspection

Name of the organization

FRIENDS OF RODEPH SHOLOM SCHOOL INC

Employer identification number

20-3099468

Identifier	Return Reference	Explanation
FILING OF EMPLOYMENT TAX RETURNS	FORM 990,PART V, LINE 2B	ALL EMPLOYMENT TAX FORMS WERE FILED BY THE COMMON PAYMASTER, CONGREGATION RODEPH SHOLOM (A RELATED ENTITY).
	FORM 990, PART VI, SECTION A, LINE 1	THE BOARD OF FRIENDS OF RSS (FRSS) DELEGATES RESPONSIBILITY FOR REVIEWING AND APPROVING GRANTS TO THE FINANCIAL OFFICERS OF FRSS.
	FORM 990, PART VI, SECTION A, LINE 3	ACCOUNTING AND FINANCIAL MANAGEMENT IS HANDLED BY THE BUSINESS OFFICE OF CONGREGATION RODEPH SHOLOM (CRS) AND FUNDRAISING IS HANDLED BY THE DEVELOPMENT OFFICE OF RODEPH SHOLOM SCHOOL (RSS), A DIVISION OF CRS. FRIENDS OF RSS PAYS CRS A MANAGEMENT FEE FOR EACH.
	FORM 990, PART VI, SECTION B, LINE 11	THE BOARD OF FRIENDS OF RSS (FRSS) HAS EMPOWERED THE FRSS' AUDIT COMMITTEE TO REVIEW THE FORM 990. THE AUDIT COMMITTEE OF FRSS MEETS WITH MARKS PANETH & SHRON, FRSS' TAX PROFESSIONALS, TO REVIEW THE FORM 990. SUBSEQUENT TO THAT MEETING, THE CFO OF FRSS/CRS WILL DISTRIBUTE COPIES OF THE FORM 990 TO THE BOARD OF FRSS ON BEHALF OF THE FRSS' AUDIT COMMITTEE. THE BOARD OF FRSS IS GIVEN AN OPPORTUNITY TO REVIEW THE FORM 990 AND ASK THE AUDIT COMMITTEE ANY QUESTIONS THAT THEY MAY HAVE ABOUT THE FORM 990. AFTER RECEIVING APPROVAL FROM THE BOARD OF FRIENDS OF RSS, THE CFO FILES THE FORM 990.
	FORM 990, PART VI, SECTION B, LINE 12C	EVERYONE ON THE FRIENDS OF RSS BOARD, AS WELL AS THE ORGANIZATION'S OFFICERS, MUST FILL OUT A NEW CONFLICT OF INTEREST STATEMENT EACH YEAR. THESE STATEMENTS ARE REVIEWED BY THE CHAIR OF THE BOARD AND ANY POTENTIAL CONFLICTS ARE ADDRESSED ACCORDINGLY.
	FORM 990, PART VI, SECTION B, LINE 15	THE ORGANIZATION REIMBURSES ITS COMMON PAYMASTER FOR COMPENSATION PAID TO ITS CHIEF FINANCIAL OFFICER (CFO). THE CFO'S COMPENSATION IS DETERMINED BY THE RELATED ORGANIZATION, CONGREGATION RODEPH SHOLOM (CRS) BY MUTUAL AGREEMENT OF THE TREASURER OF CRS AND THE HEAD OF RODEPH SHOLOM SCHOOL. THE PROCESS INCLUDES AN ANNUAL REVIEW REFLECTING FEEDBACK FROM COLLEAGUES AS WELL AS MEMBERS OF THE BOARD OF TRUSTEES OF BOTH CRS AND RODEPH SHOLOM SCHOOL. IN ADDITION, SALARY DATA FOR SIMILAR POSITIONS AT COMPARABLE INSTITUTIONS IS USED AS A BENCHMARK.
	FORM 990, PART VI, SECTION C, LINE 19	THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY HAVE NOT TRADITIONALLY BEEN MADE AVAILABLE TO THE PUBLIC. THE AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO ANYONE WHO REQUESTS A COPY OF THEM, AND THEY ARE FILED ANNUALLY WITH THE CHARITIES BUREAU OF THE NEW YORK STATE DEPARTMENT OF LAW (WITH FORM CHAR 500).
	FORM 990,PART XII, LINE 2C:	THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT BEEN CHANGED FROM THE PRIOR YEAR.
NUMBER OF HOURS WORKED FOR RELATED ORGANIZATION	FORM 990,PART VII, SECTION A	MARC FRIED - WORKED AN ESTIMATED 35.5 HRS/WK FOR CONGREGATION RODEPH SHOLOM AND ITS RELATED ACTIVITIES AND 4.5 HRS/WK FOR FRIENDS OF RODEPH SHOLOM SCHOOL, INC.

Identifier

Return Reference

Explanation

FILING OF EMPLOYMENT TAX RETURNS

FORM 990,PART V, LINE 2B

ALL EMPLOYMENT TAX FORMS WERE FILED BY THE COMMON PAYMASTER, CONGREGATION RODEPH SHOLOM (A RELATED ENTITY).

FORM 990, PART VI, SECTION A, LINE 1

THE BOARD OF FRIENDS OF RSS (FRSS) DELEGATES RESPONSIBILITY FOR REVIEWING AND APPROVING GRANTS TO THE FINANCIAL OFFICERS OF FRSS.

FORM 990, PART VI, SECTION A, LINE 3

ACCOUNTING AND FINANCIAL MANAGEMENT IS HANDLED BY THE BUSINESS OFFICE OF CONGREGATION RODEPH SHOLOM (CRS) AND FUNDRAISING IS HANDLED BY THE DEVELOPMENT OFFICE OF RODEPH SHOLOM SCHOOL (RSS), A DIVISION OF CRS. FRIENDS OF RSS PAYS CRS A MANAGEMENT FEE FOR EACH.

FORM 990, PART VI, SECTION B, LINE 11

THE BOARD OF FRIENDS OF RSS (FRSS) HAS EMPOWERED THE FRSS' AUDIT COMMITTEE TO REVIEW THE FORM 990. THE AUDIT COMMITTEE OF FRSS MEETS WITH MARKS PANETH & SHRON, FRSS' TAX PROFESSIONALS, TO REVIEW THE FORM 990. SUBSEQUENT TO THAT MEETING, THE CFO OF FRSS/CRS WILL DISTRIBUTE COPIES OF THE FORM 990 TO THE BOARD OF FRSS ON BEHALF OF THE FRSS' AUDIT COMMITTEE. THE BOARD OF FRSS IS GIVEN AN OPPORTUNITY TO REVIEW THE FORM 990 AND ASK THE AUDIT COMMITTEE ANY QUESTIONS THAT THEY MAY HAVE ABOUT THE FORM 990. AFTER RECEIVING APPROVAL FROM THE BOARD OF FRIENDS OF RSS, THE CFO FILES THE FORM 990.

FORM 990, PART VI, SECTION B, LINE 12C

EVERYONE ON THE FRIENDS OF RSS BOARD, AS WELL AS THE ORGANIZATION'S OFFICERS, MUST FILL OUT A NEW CONFLICT OF INTEREST STATEMENT EACH YEAR. THESE STATEMENTS ARE REVIEWED BY THE CHAIR OF THE BOARD AND ANY POTENTIAL CONFLICTS ARE ADDRESSED ACCORDINGLY.

FORM 990, PART VI, SECTION B, LINE 15

THE ORGANIZATION REIMBURSES ITS COMMON PAYMASTER FOR COMPENSATION PAID TO ITS CHIEF FINANCIAL OFFICER (CFO). THE CFO'S COMPENSATION IS DETERMINED BY THE RELATED ORGANIZATION, CONGREGATION RODEPH SHOLOM (CRS) BY MUTUAL AGREEMENT OF THE TREASURER OF CRS AND THE HEAD OF RODEPH SHOLOM SCHOOL. THE PROCESS INCLUDES AN ANNUAL REVIEW REFLECTING FEEDBACK FROM COLLEAGUES AS WELL AS MEMBERS OF THE BOARD OF TRUSTEES OF BOTH CRS AND RODEPH SHOLOM SCHOOL. IN ADDITION, SALARY DATA FOR SIMILAR POSITIONS AT COMPARABLE INSTITUTIONS IS USED AS A BENCHMARK.

FORM 990, PART VI, SECTION C, LINE 19

THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY HAVE NOT TRADITIONALLY BEEN MADE AVAILABLE TO THE PUBLIC. THE AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO ANYONE WHO REQUESTS A COPY OF THEM, AND THEY ARE FILED ANNUALLY WITH THE CHARITIES BUREAU OF THE NEW YORK STATE DEPARTMENT OF LAW (WITH FORM CHAR 500).

FORM 990,PART XII, LINE 2C:

THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT BEEN CHANGED FROM THE PRIOR YEAR.

NUMBER OF HOURS WORKED FOR RELATED ORGANIZATION

FORM 990,PART VII, SECTION A

MARC FRIED - WORKED AN ESTIMATED 35.5 HRS/WK FOR CONGREGATION RODEPH SHOLOM AND ITS RELATED ACTIVITIES AND 4.5 HRS/WK FOR FRIENDS OF RODEPH SHOLOM SCHOOL, INC.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2012

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