2024-03-07T09:23:05-06:00 2023-10-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-01-01 046151880 LASPAU INC LASP 6173120924 25 MOUNT AUBURN STREET 200 CAMBRIDGE MA 02138 CHERYL EAGAN-DONOVAN ASSOCIATE DIRECTOR OF FINANCE 6174950543 2024-02-29 1 CHERYL EAGAN-DONOVAN XXX-XX-XXXX 0 THOMAS F MULDOON CPA P01561688 5083669100 2024-02-29 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z X ANGELICA NATERA 25 MOUNT AUBURN STREET 200 CAMBRIDGE MA 02138 7002009 0 X WWW.LASPAU.HARVARD.EDU X 1964 MA LASPAU CONNECTS INDIVIDUALS AND INSTITUTIONS WITH OPPORTUNITIES TO ENHANCE THE QUALITY AND IMPACT OF HIGHER EDUCATION IN THE AMERICAS. WE SEE OUR WORK AS CRITICAL FOR FOSTERING KNOWLEDGE-BASED, INCLUSIVE SOCIETIES THROUGHOUT THE AMERICAS. X 3 2 29 19 0 0 5995171 4449429 2772144 1908087 81982 211699 166453 420001 9015750 6989216 5894340 4449429 0 0 2556360 1819408 0 0 0 967699 1524554 9418399 7793391 -402649 -804175 9089031 0 8337852 0 751179 0 X LASPAU CONNECTS INDIVIDUALS AND INSTITUTIONS WITH OPPORTUNITIES TO ENHANCE THE QUALITY AND IMPACT OF HIGHER EDUCATION IN THE AMERICAS. WE SEE OUR WORK AS CRITICAL FOR FOSTERING KNOWLEDGE-BASED, INCLUSIVE SOCIETIES THROUGHOUT THE AMERICAS. 0 1 6352320 4449429 2194292 SCHOLARSHIP PROGRAMS FOR STUDENTS FROM AROUND CENTRAL AND SOUTH AMERICA AND THE CARIBBEAN TO STUDY OUTSIDE THEIR HOME COUNTRY. INCLUDES BUT IS NOT LIMITED TO THE FULBRIGHT PROGRAM, WHICH PROVIDES GRANTS FOR INDIVIDUAL GRADUATE STUDY IN THE UNITED STATES. 237806 82146 UNIVERSITY INNOVATION PROGRAMS THAT FOCUS ON IMPROVING THE QUALITY OF HIGHER EDUCATION INSTITUTIONS THROUGH INNOVATION IN LEADERSHIP & GOVERNANCE, TEACHING & LEARNING, AND QUALITY ASSURANCE. THESE PROGRAMS STRENGTHEN THE CAPACITY OF UNIVERSITIES AND HIGHER EDUCATION SYSTEMS TO FULFILL THEIR MISSIONS AND INCREASE THEIR RELEVANCE WITHIN SOCIETY. 149524 51650 PAEP TESTING PROGRAM, A STANDARDIZED, SPANISH-LANGUAGE EXAM DESIGNED FOR THE ASSESSMENT OF GRADUATE PROGRAM CANDIDATES. 6739650 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 14 0 1 29 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X CHERYL EAGAN-DONOVAN 6173120924 25 MOUNT AUBURN STREET 200 CAMBRIDGE MA 02138 ANGELICA NATERA CLERK (AS OF 7/23), EX-OFFICIO, ED 35.00 X X 457820 0 26946 CHRISTINE NELSON CHAIR 1.00 X X 0 0 0 LUIS ENRIQUE GARCIA DE BRIGARD VICE CHAIR (UNTIL 7/12/23) 1.00 X X 0 0 0 RODRIGO VERDI TREASURER 1.00 X X 0 0 0 FLORIAN BARTUNEK TRUSTEE (UNTIL 7/12/23) 1.00 X 0 0 0 PATRICIA GARCIA TRUSTEE (UNTIL 7/12/23) 1.00 X 0 0 0 MARGOT GILL TRUSTEE (UNTIL 7/12/23) 1.00 X 0 0 0 PABLO JARAMILLO TRUSTEE (UNTIL 7/12/23) 1.00 X 0 0 0 LYGIA PEREIRA TRUSTEE (UNTIL 7/12/23) 1.00 X 0 0 0 FERNANDO QUEZADA TRUSTEE (UNTIL 7/12/23) 1.00 X 0 0 0 REYES TAMEZ TRUSTEE (UNTIL 7/12/23) 1.00 X 0 0 0 CAROLINA TOHA TRUSTEE (UNTIL 7/12/23) 1.00 X 0 0 0 RICHARD BERNAL TRUSTEE (UNTIL 1/4/2023) 1.00 X 0 0 0 GABRIELA SOTO LAVEAGA TRUSTEE (UNTIL 7/12/2023) 1.00 35.00 X 0 0 0 EUGENIA GARDUNO DEPUTY DIRECTOR 35.00 X 193930 0 10576 CHERYL EAGAN-DONOVAN ASSOCIATE DIRECTOR OF FINANCE 35.00 X 109721 0 0 ELLEN KRANZER MANAGER OF COMPUTER OPS 35.00 X 432191 0 17404 LISA TAPIERO INTERNATIONAL EDUCATOR 35.00 X 354740 0 25735 1548402 0 80661 4 0 1 0 HOLLAND & KNIGHT LLC PO BOX 936937 ATLANTA GA 31193 LEGAL SERVICES 120327 1 4190087 259342 4449429 ADMINISTRATIVE FEES 561000 1745060 1745060 SEMINARS 611710 163027 163027 1908087 211699 211699 70456 12793 57663 57663 REIMBURSEMENTS FROM RE 900099 355950 355950 OTHER REVENUE 900099 6388 6388 362338 6989216 2328088 0 211699 200000 200000 4249429 4249429 631795 183068 448727 750428 749865 563 437185 322548 114637 114498 114498 43450 43450 303151 251444 51707 18262 12528 5734 6644 5714 930 68474 46305 22169 385681 269334 116347 16571 16222 349 26420 18686 7734 DISSOLUTION EXPENSES 441170 317642 123528 MISCELLANEOUS 98483 96865 1618 STAFF TRAINING 1750 1750 7793391 6739650 1053741 0 194068 0 7167869 0 341956 0 26780 0 0 0 0 11736 0 679965 0 0 26420 0 0 0 0 0 640237 0 9089031 0 363327 0 0 7063221 0 0 0 0 0 0 911304 0 8337852 0 X 264213 0 486966 0 751179 0 9089031 0 X -804175 52996 X X 0 1 X 1 1 1 X 8058456 7756099 6880011 5995171 4449429 33139166 3926552 3200170 2981632 3014261 2340881 15463496 11985008 10956269 9861643 9009432 6790310 48602662 455000 806000 72000 100000 1433000 1236086 2667612 1568390 2019059 2291704 9782851 1691086 3473612 1640390 2119059 2291704 11215851 37386811 246929 43511 872 81982 211699 584993 246929 43511 872 81982 211699 584993 12231937 10999780 9862515 9091414 7002009 49187655 0.76010 0.81400 0.01190 0.00970 X PART III LASPAU, INC.'S BOARD OF TRUSTEES VOTED TO CEASE OPERATIONS AND DISSOLVE EFFECTIVE OCTOBER 31, 2023, RESULTING IN A SHORT YEAR FILING FOR TAX YEAR 2023. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 7042212 52996 52996 6989216 0 6989216 7793391 0 7793391 0 7793391 PART X, LINE 2: LASPAU ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. LASPAU HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT OCTOBER 31, 2023. LASPAU'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: WRITE-OFF ACCRUED EXPENSES 52,996. CENTRAL AMERICA/CARIBBEAN 0 0 ADMIN EXPENSE MISC. EXPENSE 10000 SOUTH AMERICA 0 0 SEMINARS HONORARIA FOR PRESENTERS, TECH SUPPORT 9300 CENTRAL AMERICA/CARIBBEAN 0 0 LEGAL LEGAL 1600 EUROPE 0 0 SEMINARS HONORARIA FOR PRESENTERS, TECH SUPPORT 1500 EAST ASIA/PACIFIC 0 0 COMMUNICATIONS CAMPAIGN MONITOR - CLIENT OUTREACH 5127 NORTH AMERICA 0 0 MARKETING MARKETING 236 SOUTH AMERICA 0 0 TRANSLATION SERVICES TRANSLATION SERVICES 1904 0 0 0 0 0 0 29667 0 29667 0 0 0 0 0 0 PART I, LINE 2: LASPAU'S ACCOUNTING SYSTEM ALLOWS FOR GL LAYERS FOR FUNDER, PROGRAM AND TYPE OF ACTIVITY (PROGRAM, ADMINISTRATIVE, WORKSHOP). IN ADDITION, EACH GRANT RECIPIENT HAS AN APPROVED BUDGET OF EXPENSES THAT WILL BE COVERED BY THE SCHOLARSHIP WHICH IS TRACKED ON A REGULAR BASIS. ALL THIRD PARTY INVOICES ARE SENT TO AND PAID DIRECTLY BY LASPAU. 1 UNIVERSITY OF ARKANSAS FOUNDATION 535 W REASERCH CENTER BLVD STE 120 FAYETTEVILLE AR 72701 716056774 501(C)3 200000 0 LASPAU LEGACY SCHOLARSHIP FUND ENDOWMENT 1 SCHOLARSHIPS (TUITION, STIPEND, BOOKS, TRAVEL) 448 4249429 0 PART I, LINE 2: LASPAU'S ACCOUNTING SYSTEM ALLOWS FOR GL LAYERS FOR FUNDER, PROGRAM AND TYPE OF ACTIVITY (PROGRAM, ADMINISTRATIVE, WORKSHOP). IN ADDITION, EACH GRANT RECIPIENT HAS AN APPROVED BUDGET OF EXPENSES THAT WILL BE COVERED BY THE SCHOLARSHIP WHICH IS TRACKED ON A REGULAR BASIS. ALL THIRD PARTY INVOICES ARE SENT TO AND PAID DIRECTLY BY LASPAU. X 0 0 0 0 0 0 0 0 0 ANGELICA NATERA CLERK (AS OF 7/23), EX-OFFICIO, ED 324667 0 0 0 133153 0 12542 0 14404 0 484766 0 0 0 ELLEN KRANZER MANAGER OF COMPUTER OPS 270017 0 0 0 162174 0 7684 0 9720 0 449595 0 0 0 LISA TAPIERO INTERNATIONAL EDUCATOR 210837 0 12359 0 131544 0 6393 0 19342 0 380475 0 0 0 EUGENIA GARDUNO DEPUTY DIRECTOR 159885 0 0 0 34045 0 9371 0 1205 0 204506 0 0 0 TRUST FOR FILING FEES, GRANTEE TAX OBLIGATIONS AND OTHER RELATED PAYMENTS 2023-10-31 290883 CASH 208430740 SIMPLURIS INC 3194 AIRPORT LOOP DRIVE SUITE C COSTA MESA CA 92626 CORPORATION TO ESTABLISH LASPAU LEGACY FUND 2023-10-31 200000 CASH 716003252 UNIVERSITY OF ARKANSAS 535 W RESEARCH CENTER BLVD SUITE 1 FAYETTEVILLE AR 72701 501C(3) 0 0 0 0 0 0 0 0 0 FORM 990, PART III, LINE 3 THE PAEP TESTING PROGRAM CEASED BY JUNE 30, 2023. ALL PROGRAMS CEASED BY SEPTEMBER 30, 2023, IN ADVANCE OF THE ORGANIZATION'S DISSOLUTION. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETE FORM 990 IS REVIEWED BY MANAGEMENT AND IS PROVIDED TO ALL THE BOARD MEMBERS PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C DURING ALL BOARD MEETINGS, THE QUESTION IS ASKED ALOUD IF THERE IS ANY KNOWN FACT FROM ANY MEMBER OF THE BOARD THAT COULD BE CONSTRUED AS A CONFLICT OF INTEREST. AT THE ANNUAL BOARD MEETING, CONFLICT OF INTEREST FORMS ARE SIGNED AND COLLECTED. THE CLERK OF THE CORPORATION KEEPS THESE FORMS ON FILE. IT IS UNDERSTOOD THAT IF AT ANY OTHER TIME DURING THE YEAR A CONFLICT OF INTEREST ARISES, THE TRUSTEE WILL NOTIFY THE CLERK OF THE CORPORATION. IN THE ABSENCE OF FRAUD, NO CONTRACT OR OTHER TRANSACTION BETWEEN THE ORGANIZATION AND ANY OTHER ENTITY OR PERSON SHALL BE AFFECTED OR INVALIDATED BY THE FACT THAT ANY TRUSTEE OR OFFICER OF THE ORGANIZATION IS PECUNIARILY OR OTHERWISE INTERESTED IN OR IS A DIRECTOR, TRUSTEE, MEMBER, OR OFFICER OF SUCH OTHER ENTITY OR IS A PARTY TO OR IS PECUNIARILY OR OTHERWISE INTERESTED THEREIN; PROVIDED THAT THE FACT THAT HE INDIVIDUALLY OR AS A DIRECTOR, TRUSTEE, MEMBER, OR OFFICER OF SUCH ENTITY IS SUCH A PARTY OR IS SO INTERESTED SHALL BE DISCLOSED TO ALL OR SHALL HAVE BEEN KNOWN BY THE BOARD OF TRUSTEES OR A MAJORITY OR SUCH MEMBERS THEREOF AS SHALL BE PRESENT OR REPRESENTED AT A MEETING OF THE BOARD OF TRUSTEES AT WHICH ACTION UPON SUCH CONTRACT OR TRANSACTION SHALL BE TAKEN; ANY TRUSTEE MAY BE COUNTED IN DETERMINING THE EXISTENCE OF QUORUM AND MAY VOTE AT ANY MEETING OF THE BOARD OF TRUSTEES FOR THE PURPOSE OF AUTHORIZING ANY SUCH CONTRACT OR TRANSACTION WITH LIKE FORCE AND EFFECT AS IF HE WERE NOT SO INTERESTED, OR WERE NOT A DIRECTOR, TRUSTEE, MEMBER, OR OFFICER OR SUCH OTHER ENTITY, PROVIDED THAT ANY VOTE WITH RESPECT TO SUCH CONTRACT OR TRANSACTION MUST BE ADOPTED BY A MAJORITY OF THE TRUSTEES THEN IN OFFICE WHO HAVE NO INTEREST IN SUCH CONTRACT OR TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE CEO'S SALARY IS DETERMINED BY THE BOARD OF DIRECTORS IN CONSULTATION WITH HARVARD UNIVERSITY. HARVARD'S PROCEDURES INCLUDE COMPARING THE ROLE WITH SIMILAR ROLES AT THE UNIVERSITY TO ENSURE PAY EQUITY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). IN ADDITION, THE FORM 990 WITHOUT SCHEDULE B IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990, PART XI, LINE 9: WRITE-OFF ACCRUED EXPENSES 52,996. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.