2024-04-18T11:31:20-05:00 2023-06-30 133628255 CONDON O'MEARA MCGINTY & DONNELLY LLP ONE BATTERY PARK PLAZA 7TH FL NEW YORK NY 10004 990 2022-07-01 132571900 WORLD MONUMENTS FUND INC WORL 6464249594 600 5TH AVENUE FLOOR 25 NEW YORK NY 10020 BENEDICTE DE MONTLAUR PRESIDENT AND CHIEF EXEC. OFFICER 6464249594 2024-05-15 1 BENEDICTE DE MONTLAUR XXX-XX-XXXX 0 ALEXANDER LAZZARUOLO P01775353 2126617777 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z BENEDICTE DE MONTLAUR 600 5TH AVENUE FLOOR 25 NEW YORK NY 10020 38017088 0 X WWW.WMF.ORG X 1965 NY WORLD MONUMENTS FUND (WMF) IS THE LEADING INDEPENDENT ORGANIZATION DEVOTED TO SAFEGUARDING THE WORLD'S MOST TREASURED PLACES TO ENRICH PEOPLE'S LIVES AND BUILD MUTUAL UNDERSTANDING ACROSS CULTURES AND COMMUNITIES. THE ORGANIZATION IS HEADQUARTERED IN NEW YORK CITY WITH OFFICES AND AFFILIATES IN CAMBODIA, FRANCE, INDIA, PERU, PORTUGAL, SPAIN AND THE UK. SINCE 1965, OUR GLOBAL TEAM OF EXPERTS HAS PRESERVED THE WORLD'S DIVERSE CULTURAL HERITAGE USING THE HIGHEST INTERNATIONAL STANDARDS AT MORE THAN 700 SITES IN 112 COUNTRIES. PARTNERING WITH LOCAL COMMUNITIES, FUNDERS, AND GOVERNMENTS, WMF DRAWS ON HERITAGE TO ADDRESS SOME OF TODAY'S MOST PRESSING CHALLENGES: CLIMATE CHANGE, UNDERREPRESENTATION, IMBALANCED TOURISM, AND POST-CRISIS RECOVERY. WITH A COMMITMENT TO THE PEOPLE WHO BRING PLACES TO LIFE, WMF EMBRACES THE POTENTIAL OF THE PAST TO CREATE A MORE RESILIENT AND INCLUSIVE SOCIETY. 30 30 35 31 4781 0 18166883 19738286 42955 0 1854316 857815 195025 -315738 20259179 20280363 0 5131497 0 0 3984952 4186196 0 0 2052228 10353680 6089412 14338632 15407105 5920547 4873258 56711356 69824954 706367 6656382 56004989 63168572 X SEE SCHEDULE O 0 0 12002005 SEE SCHEDULE O 5131497 SEE SCHEDULE O 12002005 1 1 0 0 0 0 1 0 0 1 1 0 0 1 1 0 0 1 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 35 0 1 35 1 1 1 1 UK 0 0 1 1 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DC FL GA HI KS KY ME MD MA MI MS NH NJ NM NY NC OH PA RI SC TN WA WI X X X REBECCA JOHNSON 6464249594 600 5TH AVENUE FLOOR 25 NEW YORK NY 10020 LORNA B GOODMAN CHAIR 1.00 X X 0 0 0 JOHN J KERR JR ESQ VICE CHAIR 1.00 X X 0 0 0 FERNANDA M KELLOGG SECRETARY 1.00 X X 0 0 0 PETER KIMMELMAN TREASUER 1.00 X X 0 0 0 PRINCE AMYN AGA KHAN TRUSTEE 1.00 X 0 0 0 SHAIKHA MAI BINT MOHAMMED AL KHALIF TRUSTEE 1.00 X 0 0 0 KWAME ANTHONY APPIAH TRUSTEE 1.00 X 0 0 0 BROOK BERLIND TRUSTEE 1.00 X 0 0 0 WENDY WALDRON BRANDOW TRUSTEE 1.00 X 0 0 0 SUSAN DE MENIL TRUSTEE 1.00 X 0 0 0 MICA ERTEGN TRUSTEE 1.00 X 0 0 0 PAULINE EVEILLARD TRUSTEE 1.00 X 0 0 0 LINN FEIDELSON TRUSTEE 1.00 X 0 0 0 MARK FLETCHER TRUSTEE 1.00 X 0 0 0 ROBERTO HERNNDEZ RAMREZ TRUSTEE 1.00 X 0 0 0 HENRY ISEMAN TRUSTEE 1.00 X 0 0 0 SUZANNE KOHLBERG TRUSTEE 1.00 X 0 0 0 DEBORAH M LEHR TRUSTEE 1.00 X 0 0 0 MONIKA MCLENNAN TRUSTEE 1.00 X 0 0 0 JUAN PABLO MOLYNEUX TRUSTEE 1.00 X 0 0 0 DR MARILYN PERRY TRUSTEE 1.00 X 0 0 0 DONNA PERRET ROSEN TRUSTEE 1.00 X 0 0 0 ANNABELLE SELLDORF TRUSTEE 1.00 X 0 0 0 BERNARD SELZ TRUSTEE 1.00 X 0 0 0 HLNE MARIE SHAFRAN TRUSTEE 1.00 X 0 0 0 MELISSA STEWART TRUSTEE 1.00 X 0 0 0 MARCHESA KATRIN THEODOLI TRUSTEE 1.00 X 0 0 0 ANTHONY V THOMPSON TRUSTEE 1.00 X 0 0 0 JUAN CARLOS VERME GIANNONI TRUSTEE 1.00 X 0 0 0 BENEDICT DE MONTLAUR PRESIDENT AND CEO 45.00 X X 372000 0 37413 KARAUGH BROWN VP OF DEVELOPMENT AND PARTNERSHIPS 45.00 X 204555 0 29449 JONATHAN BELL VP PROGRAMS 45.00 X 201530 0 29886 DARLENE MCCLOUD EXECUTIVE VP 45.00 X 176060 0 16913 CHRISTOPHER JEANNOPOULOS CHIEF FINANCIAL OFFICER 45.00 X 168291 0 13667 1122436 0 127328 5 0 1 0 EDWARD O GUILLEN 4640 BROADWAY 21 NEW YORK NY 10040 TECHNOLOGY SERVICES 192553 STEPHEN BATTLE CHEMIN DU CREST DEI COLLEX SZ HERITAGE PROJECT MANAGEMENT 184148 NEUBERGER BERMAN BD LLC 1290 AVENUE OF THE AMERICAS NEW YORK NY 10104 INVESTMENT MANAGEMENT FEES 127538 DELTA AL-RAFEDAYN COMPANY UNIVERSITY STREET MOSUL IZ BUILDING CONTRACTOR 126781 4 1526556 946005 17265725 121169 19738286 767651 4438 763213 17447180 17357016 90164 90164 343 89821 63971 1526556 379709 -315738 -315738 20280363 0 4781 537296 X 340282 340282 4791215 4791215 368978 184488 110694 73796 2848535 1622039 408207 818289 209948 120314 29821 59813 426046 242705 63344 119997 332689 188397 52159 92133 65405 65405 26571 11575 2368 12628 53130 26069 12893 14168 120283 120283 3000183 2524533 175127 300523 59373 52222 5461 1690 313407 148433 80244 84730 503793 283151 55628 165014 659291 371356 104610 183325 570410 510855 14048 45507 60793 45832 9625 5336 153234 86312 24313 42609 117491 66179 18642 32670 PROGRAM SUPPLIES 386048 386048 15407105 12002005 1352872 2052228 399468 14119870 19693914 1198832 8542615 17325451 130549 127474 150534 196324 1750179 639043 1227079 1111136 24179742 28514760 1938124 1972926 449331 5258181 56711356 69824954 706367 1682639 0 4973743 706367 6656382 X 2180114 2212469 53824875 60956103 56004989 63168572 56711356 69824954 4873258 2290325 0 X 0 1 X 1 1 1 X 11588826 12884373 10004866 18166883 19738286 72383234 11588826 12884373 10004866 18166883 19738286 72383234 13979978 58403256 721927 876053 706047 1118367 767651 4190045 76573279 230032 0.76270 0.62040 X 0.62040 0.06220 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 5.00 1 1 1 8.00 1500 28281302 1500000 2975216 1075000 31681518 32453132 -3111830 1060000 28281302 26816071 100000 6572061 1035000 32453132 27190425 685646 1060000 26816071 27546449 37001 811275 1204300 27190425 0.95873 0.04127 0 0 585743 79710 506033 762730 165085 597645 401706 394248 7458 1111136 SECURITY DEPOSITS 449331 RIGHT OF USE ASSET OPERATING LEASE 4808850 5258181 OPERATING LEASE PAYABLE 4973743 4973743 22450405 2290325 2290325 20160080 120283 120283 20280363 15286822 0 15286822 120283 120283 15407105 PART II, LINE 5: PROCEDURES FOR MONITORING, INSPECTING AND ENFORCEMENT OF THE CONSERVATION EASEMENT: WMF COMMUNICATES WITH THE OWNER TO CONFIRM THAT THEY ARE ADHERING TO THE RESTRICTIONS IMPOSED BY THE TERMS OF THE AGREEMENT AND ENSURE THE CONSERVATION PURPOSE OF THE EASEMENT IS BEING ACHIEVED. THE CONSERVATION EASEMENT RIDES WITH THE TITLE TO THE PROPERTY, A POTENTIAL PURCHASER MUST BE INFORMED OF THE EASEMENT AND WMF MUST BE INFORMED OF A NEW OWNER. WMF PERFORMS ONSITE VISITS TO OBSERVE THE PROPERTY ANNUALLY OR WHEN ALTERATIONS OR CHANGES HAVE BEEN MADE TO THE PREMISES THAT COULD AFFECT THE PROTECTED FEATURES COVERED IN THE EASEMENT. CHANGES WHICH COULD AFFECT THE PROTECTED FEATURES SHALL ADHERE TO THE SECRETARY OF THE INTERIOR'S STANDARDS FOR THE TREATMENT OF HISTORIC PROPERTIES. WMF CONFIRMS ITS OBSERVATIONS REGARDING COMPLIANCE WITH THE CONSERVATION EASEMENT. IF A VIOLATION WAS OBSERVED, WMF WOULD TAKE ACTION TO EXPLAIN THE EASEMENT OBLIGATION AND COMPEL THE OWNER TO ADHERE TO THE AGREEMENT, INCLUDING COMMUNICATION, ARBITRATION, OR LITIGATION. THE EASEMENT DOCUMENT (SECTION 8) OUTLINES THAT WMF HAS THE RIGHT, ACCOMPANIED BY A REPRESENTATIVE OF THE OWNER, TO ENTER THE PREMISES ONCE PER YEAR TO INSPECT THE PREMISES. IN ADDITION WMF MAY INSPECT THE PREMISES AFTER MATERIAL ALTERATIONS OR CHANGES TO THE PREMISES (INCLUDING EMERGENCY REPAIRS) IF ANY PROTECTED FEATURES COULD BE AFFECTED BY ALTERATIONS." PART II, LINE 9: CONSIDERATION FOR THE CONSERVATION EASEMENT IS INCLUDED IN THE REVENUE AND EXPENSE STATEMENT AND BALANCE SHEET. PART V, LINE 4: THE ENDOWMENT INCLUDES 7 INDIVIDUAL ENDOWMENT FUNDS. THE ENDOWMENT PROVIDES STABLE FINANCIAL SUPPORT TO A WIDE VARIETY OF PROGRAMS AND ACTIVITIES IN PERPETUITY, PLAYING A CRITICAL ROLE IN ENABLING WORLD MONUMENTS FUND TO ACHIEVE ITS MISSION. PROGRAMS SUPPORTED BY THE ENDOWMENT INCLUDE WMF FIELD WORK (CONSERVATION PROJECTS) AND EDUCATION & OUTREACH PROGRAMS. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FOUNDATION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING BOARD-DESIGNATED ENDOWMENT FUNDS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. 1 SUB-SAHARAN AFRICA 0 2 PROGRAM SERVICES FIELD PROJECT RESTORATION 575520 SOUTH ASIA 0 1 PROGRAM SERVICES FIELD PROJECT RESTORATION 171768 SOUTH AMERICA 0 0 PROGRAM SERVICES FIELD PROJECT RESTORATION 1320005 NORTH AMERICA 0 0 PROGRAM SERVICES FIELD PROJECT RESTORATION 35595 MIDDLE EAST AND NORTH AFRICA 0 1 PROGRAM SERVICES FIELD PROJECT RESTORATION 1539985 EUROPE 0 1 PROGRAM SERVICES FIELD PROJECT RESTORATION 2344787 EAST ASIA AND THE PACIFIC 0 1 PROGRAM SERVICES FIELD PROJECT RESTORATION 1015669 CENTRAL AMERICA AND CARIBBEAN 0 0 PROGRAM SERVICES FIELD PROJECT RESTORATION 127756 RUSSIA AND INDEPENDENT STATES 0 1 PROGRAM SERVICES FIELD PROJECT RESTORATION 508074 0 6 0 1 0 7 7131085 508074 7639159 0 0 0 1 0 0 PART I, LINE 2: TOTAL EXPENDITURES FOR ACTIVITIES CONDUCTED IN EACH REGION. EXPENDITURES INCLUDE SALARIES, WAGES, AND OTHER EMPLOYMENT-RELATED COSTS PAID TO OR FOR THE BENEFITS OF EMPLOYEES LOCATED IN THE REGION (NOT EMPLOYEES LOCATED IN US WORKING IN REGIONS OUTSIDE THE US). PART III ACCOUNTING METHOD: HADRIAN AWARD 1454285 1395765 58520 298050 SPRING EVENT 136242 130791 5451 81659 1590527 1526556 63971 379709 379709 -315738 X X X X X 0 1 0 0 0 0 0 0 0 BENEDICT DE MONTLAUR PRESIDENT AND CEO 372000 0 0 0 0 0 20500 0 16913 0 409413 0 0 0 KARAUGH BROWN VP OF DEVELOPMENT AND PARTNERSHIPS 204555 0 0 0 0 0 1800 0 27649 0 234004 0 0 0 JONATHAN BELL VP PROGRAMS 201530 0 0 0 0 0 2015 0 27871 0 231416 0 0 0 DARLENE MCCLOUD EXECUTIVE VP 176060 0 0 0 0 0 0 0 16913 0 192973 0 0 0 CHRISTOPHER JEANNOPOULOS CHIEF FINANCIAL OFFICER 168291 0 0 0 0 0 13667 0 0 0 181958 0 0 0 X 7 110669 FMV X CANDLES 250 10500 FMV 0 1 0 FORM 990, PART III, LINE 1 WORLD MONUMENTS FUND (WMF) IS THE LEADING INDEPENDENT ORGANIZATION DEVOTED TO SAFEGUARDING THE WORLD'S MOST TREASURED PLACES TO ENRICH PEOPLE'S LIVES AND BUILD MUTUAL UNDERSTANDING ACROSS CULTURES AND COMMUNITIES. THE ORGANIZATION IS HEADQUARTERED IN NEW YORK CITY WITH OFFICES AND AFFILIATES IN CAMBODIA, FRANCE, INDIA, PERU, PORTUGAL, SPAIN AND THE UK. SINCE 1965, OUR GLOBAL TEAM OF EXPERTS HAS PRESERVED THE WORLD'S DIVERSE CULTURAL HERITAGE USING THE HIGHEST INTERNATIONAL STANDARDS AT MORE THAN 700 SITES IN 112 COUNTRIES. PARTNERING WITH LOCAL COMMUNITIES, FUNDERS, AND GOVERNMENTS, WMF DRAWS ON HERITAGE TO ADDRESS SOME OF TODAY'S MOST PRESSING CHALLENGES: CLIMATE CHANGE, UNDERREPRESENTATION, IMBALANCED TOURISM, AND POST-CRISIS RECOVERY. WITH A COMMITMENT TO THE PEOPLE WHO BRING PLACES TO LIFE, WMF EMBRACES THE POTENTIAL OF THE PAST TO CREATE A MORE RESILIENT AND INCLUSIVE SOCIETY. FORM 990, PART III, LINE 4A, STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS: THE PORTFOLIO OF HERITAGE PROGRAM WORK INCLUDES LONG-TERM PROJECTS REPRESENTING THE ORGANIZATION'S MOST AMBITIOUS CONSERVATION EFFORTS, ADDRESSING CRITICAL NEEDS WHILE FACILITATING FAR-RANGING LOCAL PARTICIPATION, PROFESSIONAL SKILLS DEVELOPMENT, AND INNOVATIVE SOLUTIONS THAT CAN SERVE AS MODELS FOR THE FIELD (SIGNATURE PROJECTS), FOCUSED INTERVENTIONS TAILORED TO ADDRESSING A PARTICULAR ISSUE OR CONSERVATION NEED, USUALLY ALONG A SHORTER TIMELINE THAN AT SIGNATURE PROJECT SITES (TARGETED INTERVENTIONS), EMERGENCY INTERVENTIONS UNDERTAKEN IN THE AFTERMATH OF CONFLICT OR NATURAL DISASTER TO ADDRESS ACUTE ISSUES ON THE GROUND (CRISIS RESPONSE), PROJECTS THAT CENTER AROUND THE DEVELOPMENT AND IMPLEMENTATION OF ROBUST EDUCATIONAL CURRICULA TO PRESERVE AND DISSEMINATE CRITICAL CRAFT SKILLS (TRAINING PROGRAMS), AND PROJECTS THAT LEVERAGE WMF'S GLOBAL REACH TO BRING INTERNATIONAL ATTENTION TO A CAUSE OR COMMUNITY IN NEED (ADVOCACY). FORM 990, PART III, LINE 4B, STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS: LAUNCHED PARTNERSHIP WITH METROPOLITAN MUSEUM OF ART TO PRODUCE DIGITAL CONTENT TO ACCOMPANY THE AFRICAN ART COLLECTION IN THE NEW ROCKEFELLER WING SLATED TO OPEN IN APRIL 2025; INITIATED NEW PROJECTS TO PROTECT UKRAINE'S CULTURAL HERITAGE WITH LOCAL AND INTERNATIONAL PARTNERS; LAUNCHED PARTNERSHIP WITH MAGNUM FOUNDATION TO SUPPORT 12 EMERGING PHOTOGRAPHERS TO DOCUMENT WATCH SITES; COMPLETED A MAJOR CONSERVATION PROJECT AT OSMANIA UNIVERSITY COLLEGE FOR WOMEN IN INDIA; LAUNCHED $10 MILLION IN NEW PROJECTS INCLUDING INITIATIVES IN THE REMOTE ARCHAEOLOGICAL SITES OF PERU'S CHACHAPOYAS CIVILIZATION, THE UK'S ICONIC PALM HOUSE AT KEW GARDENS, ONGOING SUPPORT FOR UKRAINE HERITAGE, AND SMALLER-SCALE INTERVENTIONS AROUND THE WORLD; STARTED A NEW PHASE OF WORK AT THE MOSUL CULTURAL MUSEUM IN PARTNERSHIP WITH ALIPH, THE MUSEE DU LOUVRE, THE SMITHSONIAN INSTITUTION AND THE IRAQI STATE BOARD OF ANTIQUITIES; OPENED A WORLD MONUMENTS FRENCH AFFILIATE OFFICE IN PARIS. FORM 990, PART VI, SECTION B, LINE 11B PROVIDED TO THE FULL BOARD OF TRUSTEES AND EXECUTIVE MANAGEMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE WMF CONFLICT OF INTEREST AND BUSINESS RELATIONSHIP DISCLOSURE STATEMENTS ARE GIVEN TO NEW TRUSTEES TO COMPLETE WHEN THEY JOIN THE BOARD AND ANNUALLY THEREAFTER. THE INFORMATION ON THE STATEMENTS IS SUMMARIZED AND PROVIDED TO THE CHAIR. IF DURING THE YEAR THERE ARE DISCUSSIONS OR ACTIONS INVOLVING ANY FINANCIALLY OR PROGRAMMATICALLY SUBSTANTIVE ISSUE REGARDING THESE ORGANIZATIONS, VENDORS OR INVESTMENT FIRMS (ORDINARILY FUNDING, PERSONNEL, WHETHER TO CONTINUE THE RELATIONSHIP, AND WHETHER TO TAKE LEGAL, DISCIPLINARY OR OTHER ACTION), - INDIVIDUALS WITH RELATIONSHIPS AND POTENTIAL CONFLICTS WILL RECUSE THEMSELVES WHENEVER THE ORGANIZATIONS, VENDORS OR INVESTMENT FIRMS ARE UP FOR DISCUSSION OR ACTION. - STAFF REFER TO THE LIST SO INDIVIDUALS CAN BE EXCLUDED WHEN A CONFLICT ARISES SUCH AS WMF FUNDING AWARDS TO OTHER ORGANIZATIONS WHERE WMF TRUSTEES OR FAMILY MEMBERS SERVE ON THEIR BOARDS. - INDIVIDUALS WITH CONFLICTS INVOLVING WMF AFFILIATES ARE NOT EXCLUDED FROM THE DISCUSSIONS ABOUT THE AFFILIATES BUT WOULD BE EXCLUDED FROM THE VOTE (AND THE FINAL PART OF THE DISCUSSION LEADING UP TO THE VOTE) IF THE VOTE INVOLVES ANY FINANCIALLY OR PROGRAMMATICALLY SUBSTANTIVE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 THE WORLD MONUMENTS FUND, INC. (WMF) EXECUTIVE COMMITTEE IS RESPONSIBLE FOR REVIEWING AND APPROVING THE COMPENSATION FOR CHIEF EXECUTIVE OFFICER. THE COMMITTEE INCLUDES TRUSTEES WHO ARE INDEPENDENT. EACH YEAR THE COMMITTEE IS PROVIDED WITH WRITTEN COMPARABLE DATA SUCH AS SPECIFIC COMPENSATION INFORMATION FROM 990'S OF SIMILAR ORGANIZATIONS, AND NATIONAL SURVEY INFORMATION ON NON-PROFIT COMPENSATION LEVELS, RANGES, AND TRENDS. THE COMMITTEE CHAIR REVIEWS THE INFORMATION WITH COMMITTEE MEMBERS AND RESPONDS TO THE CFO CONFIRMING THE PROPOSED COMPENSATION FOR THE COMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 WORLD MONUMENTS FUND, INC. (WMF) GOVERNING DOCUMENTS ARE AVAILABLE FOR REVIEW. FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH THE ORGANIZATION'S WEBSITE WWW.WMF.ORG. FORM 990, PART IX, LINE 11G OTHER: PROGRAM SERVICE EXPENSES 2,524,533. MANAGEMENT AND GENERAL EXPENSES 175,127. FUNDRAISING EXPENSES 88,275. TOTAL EXPENSES 2,787,935. PROFESSIONAL FUNDRAISING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 212,248. TOTAL EXPENSES 212,248. WORLD MONUMENTS FUND BRITAIN 70 COWCROSS STREET LONDON UK EC1M 6EJ CHARITABLE UK N/A WORLD MONUMENTS FUND INC 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 WORLD MONUMENTS FUND BRITAIN P 239358 FMV WORLD MONUMENTS FUND BRITAIN C 23309 FMV