NATIONAL SEPTEMBER 11 MEMORIAL & MUSEUM AT THE WORLD TRADE CENTER FOUNDATIONINC Charity Report

Public IRS 990 nonprofit record

NATIONAL SEPTEMBER 11 MEMORIAL & MUSEUM AT THE WORLD TRADE CENTER FOUNDATIONINC

EIN 38-3678458 · Historical Societies, Related Historical Activities

What they do

THE NATIONAL SEPTEMBER 11 MEMORIAL & MUSEUM AT THE WORLD TRADE CENTER BEARS SOLEMN WITNESS to THE TERRORIST ATTACKS of SEPTEMBER 11, 2001 and FEBRUARY 26, 1993. RESPECTING THIS SITE MADE SACRED THROUGH LOSS, THE MEMORIAL & MUSEUM REMEMBERS and HONORS THE NEARLY 3,000 VICTIMS of THESE ATTACKS and ALL THOSE WHO RISKED THEIR LIVES to SAVE OTHERS. IT FURTHER RECOGNIZES THE THOUSANDS WHO SURVIVED and ALL WHO MANIFESTED EXTRAORDINARY COMPASSION and LEADERSHIP IN THE WAKE of THE ATTACKS. DEMONSTRATING THE CONSEQUENCES of TERRORISM ON INDIVIDUAL LIVES and ITS IMPACT ON COMMUNITIES AT THE LOCAL, NATIONAL, and INTERNATIONAL LEVELS, THE MEMORIAL & MUSEUM ATTESTS to THE TRIUMPH of HUMAN DIGNITY OVER HUMAN DEPRAVITY and AFFIRMS AN UNWAVERING COMMITMENT to THE FUNDAMENTAL VALUE of HUMAN LIFE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2019The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders68 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

102.68%of revenue went to mission work81.5% of expenses · Program services

5.89%of revenue went to fundraising4.7% of expenses

$126.05spent for every $100 of revenueSpending was higher than revenue this year.

17.48%of revenue went to management and office costs13.9% of expenses

10.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $23,119,682 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $581,276 for ALICE M GREENWALD (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2019

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$88,743,762

Mission workProgram services$91,118,128102.68% of revenue81.5% of expenses

ManagementOffice and general costs$15,514,79217.48% of revenue13.9% of expenses

FundraisingAsking for donations$5,230,5245.89% of revenue4.7% of expenses

Total expenses$111,863,444126.05% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2019CurrentExpense mix: 81.5% mission · 13.9% management · 4.7% fundraisingTotal expenses: 126.05% of revenue

2018Expense mix: 82.1% mission · 13.9% management · 4.1% fundraisingTotal expenses: 132.08% of revenue

2017Expense mix: 82.0% mission · 14.1% management · 3.9% fundraisingTotal expenses: 124.83% of revenue

2016Expense mix: 83.0% mission · 13.3% management · 3.7% fundraisingTotal expenses: 126.47% of revenue

Money in and money out

Revenue$88,743,762

Expenses$111,863,444

Annual shortfall $23,119,682 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$91,118,128 · 81.5% of expenses

Management and office costs$15,514,792 · 13.9% of expenses

Fundraising$5,230,524 · 4.7% of expenses

See all reported dollar amounts

Revenue$88,743,762

Expenses$111,863,444

Income$117,198,689

Contributions$9,633,910

Mission work (program services)$91,118,128

Fundraising$5,230,524

Management and general$15,514,792

Executive compensation (total)$2,724,566

Stocks and bonds$35,832,123

Accounting fees$323,986

Investing fees$82,717

People

Leadership and board

Tax year 2019

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ALICE M GREENWALDPRESIDENT & CEO · 40 hrs/week $581,276Base $539,991 · Other $41,285

ALLISON BLAIS EVPDEP. DIR. FOR STRATEGY · 40 hrs/week $362,968Base $302,841 · Other $60,127

NOELLE LILIEN EVPGENERAL COUNSEL & SECRETARY · 40 hrs/week $327,968Base $268,441 · Other $59,527

CLIFFORD CHANIN EVPDEP. DIR. FOR MUSEUM PROGRAMS · 40 hrs/week $309,684Base $273,118 · Other $36,566

MARC CIMACHIEF TECHNOLOGY OFFICER · 40 hrs/week $308,015Base $246,655 · Other $61,360

JERMEY FRAZIER EVPDEP. DIR. FOR EXTERNAL AFFAIRS · 40 hrs/week $291,763Base $242,635 · Other $49,128

CHARLES DUNNE EVPSECURITY, FIRE & LIFE SAFE · 40 hrs/week $284,975Base $253,798 · Other $31,177

JOSHUA CHERWINCHIEF ADVANCEMENT OFFICER · 40 hrs/week $279,004Base $236,556 · Other $42,448

JOSEPH WEINKAM EVPGOVERNMENT & COMMUNITY AFFAIRS · 40 hrs/week $257,024Base $203,657 · Other $53,367

BENJAMIN E MILAKOFSKYCHIEF OF STAFF · 40 hrs/week $234,955Base $203,455 · Other $31,500

MARIANNE GATTINELLA SVPDIRECTOR OF HUMAN RESOURCES · 40 hrs/week $233,859Base $197,956 · Other $35,903

ERNIE BLUNDELL EVPDEP DIR. FOR OPERATION THRU 7/27/19 · 40 hrs/week $223,251Base $186,425 · Other $36,826

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (68)

ALICE M GREENWALDPRESIDENT & CEO

ALLISON BLAIS EVPDEP. DIR. FOR STRATEGY

NOELLE LILIEN EVPGENERAL COUNSEL & SECRETARY

CLIFFORD CHANIN EVPDEP. DIR. FOR MUSEUM PROGRAMS

MARC CIMACHIEF TECHNOLOGY OFFICER

JERMEY FRAZIER EVPDEP. DIR. FOR EXTERNAL AFFAIRS

CHARLES DUNNE EVPSECURITY, FIRE & LIFE SAFE

JOSHUA CHERWINCHIEF ADVANCEMENT OFFICER

JOSEPH WEINKAM EVPGOVERNMENT & COMMUNITY AFFAIRS

BENJAMIN E MILAKOFSKYCHIEF OF STAFF

MARIANNE GATTINELLA SVPDIRECTOR OF HUMAN RESOURCES

ERNIE BLUNDELL EVPDEP DIR. FOR OPERATION THRU 7/27/19

MARVIN SUCHOFF EVPCHIEF FIN & ADMIN OFF. THRU 2/1/19

DAVID SHEEHANEVP & CFO

THOMAS S JOHNSONDIRECTOR

MONICA IKENDIRECTOR

MICHAEL R BLOOMBERGCHAIRMAN

MAURICE R GREENBERGDIRECTOR

THOMAS H ROGERDIRECTOR

PAUL NAPOLIDIRECTOR

LEE A IELPIDIRECTOR

KEVIN M RAMPEDIRECTOR

KENNETH I CHENAULTDIRECTOR

KEATING CROWNDIRECTOR

VIRGINIA S BAUERDIRECTOR

TERRI J RICHARDSONDIRECTOR

PATRICIA E HARRISDIRECTOR

PAULA GRANT BERRYDIRECTOR

PETER M LEHRERDIRECTOR

RIC CLARKDIRECTOR

RICHARD EDELMANDIRECTOR

ROBERT IGERDIRECTOR

ROBERT KASDINDIRECTOR THRU MARCH 2019

ROBERT DE NIRODIRECTOR

RUSSELL L CARSONDIRECTOR

TERENCE OTOOLEDIRECTOR

SAMUEL A DIPIAZZA JRDIRECTOR

SETH WAUGHDIRECTOR

SCOTT RECHLERDIRECTOR

JOSEPH MOINIANDIRECTOR

ANDREW M SENCHAKTREASURER

ANNE M FINUCANEDIRECTOR

ANNE M TATLOCKDIRECTOR

ANTHOULA KATSIMATIDESDIRECTOR

AVI SCHICKDIRECTOR

BILLY CRYSTALDIRECTOR

CHRISTINE A FERERDIRECTOR

CRAIG ROBERTS STAPLETONDIRECTOR

DANIEL R TISHMANDIRECTOR

DEBRA BURLINGAMEDIRECTOR

DR VARTAN GREGORIANDIRECTOR

E JOHN ROSENWALD JRDIRECTOR

EMILY K RAFFERTYDIRECTOR

FRANK BISIGNANODIRECTOR

H RODGIN COHENDIRECTOR

HOWARD MILSTEINDIRECTOR

HOWARD W LUTNICKDIRECTOR

IRA M MILLSTEINDIRECTOR

J KEVIN MCCARTHYDIRECTOR

JANE ROSENTHALDIRECTOR

JEFFREY S WILPONDIRECTOR

JEH JOHNSONDIRECTOR

JENNIFER GLICKDIRECTOR

JERRY I SPEYERDIRECTOR

JOEL S MARCUSDIRECTOR

JOHN P CAHILLDIRECTOR

JON STEWARTDIRECTOR

JULIE MENINDIRECTOR

About this charity

Location: 200 LIBERTY STREET 16TH FLOOR, NEW YORK, NY 10281
County: New York
In care of: ALICE M GREENWALD
Primary officer: ALICE M GREENWALD, PRESIDENT/CEO

How to reach them

WebsiteVisit the charity’s website Phone(212) 312-8800

Filing and classification

Latest tax year: 2019
Tax period began: January 1, 2019
Return type: 990
Tax preparer: PKF OCONNOR DAVIES LLP
IRS tax category: Historical Societies, Related Historical Activities