2022-09-15T07:17:15-05:00 2021-12-31 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2021-01-01 133706646 FUND FOR ARMENIAN RELIEF INC % GARNIK NANAGOULIAN FUND 2128895150 630 SECOND AVENUE NEW YORK NY 10016 GARNIK NANAGOULIAN EXECUTIVE DIRECTOR 2128895150 2022-05-31 true GARNIK NANAGOULIAN XXX-XX-XXXX Catherine Bendall P00521196 7328281614 2022-05-31 3 2021 2023-04-26 12:10:37Z GARNIK NANAGOULIAN 630 SECOND AVENUE NEW YORK NY 10016 5801808 false X www.farusa.org X 1993 NY FAR provides short-term emergency relief and implements long-term programs for economic growth and social development of Armenia by helping the children and elderly. 20 19 3 19 0 6345869 4789125 8434 9673 102310 253112 0 0 6456613 5051910 1675585 2465276 0 0 919425 975066 0 0 214521 1870271 2112340 4465281 5552682 1991332 -500772 20409893 20899343 179898 128204 20229995 20771139 X FAR IS DEDICATED TO HONORING THE PAST, EMPOWERING THE PRESENT ANDENSURING THE FUTURE FOR PEOPLE IN ARMENIA. FAR GIVES HOPE, GUIDANCE AND OPPORTUNITY TO THOSE IN NEED, EMPOWERING THEM TO CREATE A BETTERPRESENT AND HELPING THEM PAVE THE WAY TO A STRONGER FUTURE. FAR's vision is to develop an equitable, sustainable, and resilient Armenian homeland, where people are thriving: leading dignified lives with universal access to opportunities to realize their full potential through education, healthcare and decent work. They are proud members of a progressive nation making indispensable contributions to the betterment of their local communities and the world at large. FAR PROVIDES SHORT TERM EMERGENCY RELIEF AND IMPLEMENTS LONG-TERM PROGRAMS FOR THE ECONOMIC GROWTH AND SOCIAL DEVELOPMENT OF ARMENIA.IT HELPS THE MOST VULNERABLE SEGMENTS OF THE POPULATION - CHILDREN AND THE ELDERLY - AND PREPARES PROFESSIONALS TO LEAD THEIR NEWLY INDEPENDENT COUNTRY. HEADQUARTERED IN NEW YORK, FAR HAS THREE OFFIC false false 1408708 639536 Economic development programs - See Schedule O for program description 1158855 503339 Educational programs - see Schedule O for program description. 947307 521337 Childrens Programs - see Schedule O for program description 834391 420749 Emergency Needs program 398467 137802 Seniors program 172248 87943 Healthcare programs 1405106 646494 4919976 true true false false false false false false false true true true false true false false false false false true false true true false false false false false false false false false false false false false false false true false false false true true true false false false true 0 0 3 true false true AM false false false false false false false false false false X 20 19 false false false false false false false true true false false false true true true true true true true false FL MI NJ NY X GARNIK NANAGOULIAN 2126860710 630 SECOND AVENUE NEW YORK NY 10016 GARNIK NANAGOULIAN EXECUTIVE DIRECTOR 40.0 0.0 X X 136000 0 0 BAGRAT SARGSYAN COUNTRY DIRECTOR 0.0 0.0 X 53316 0 0 Bishop Daniel Findikyan President 1.0 0.0 X X 0 0 0 Randy Sapah-Gulian Chairman 1.0 0.0 X X 0 0 0 Abp Khajag Barsamian Vice Chairman 1.0 0.0 X X 0 0 0 Carl Bazarian Vice Chairman 1.0 0.0 X X 0 0 0 Dennis Tarzian Treasurer 1.0 0.0 X X 0 0 0 Oscar Tatosian Assistant treasurer 1.0 0.0 X X 0 0 0 Marta Batmasian Secretary 0.0 0.0 X X 0 0 0 Pontish Yeramyan Assistant Secretary 1.0 0.0 X X 0 0 0 Nishan Atinizian BOARD MEMBER 0.0 0.0 X 0 0 0 Armen Avanessians BOARD MEMBER 1.0 0.0 X 0 0 0 Bonnie Barsamian Dunn Board member 1.0 0.0 X 0 0 0 Rev Fr Yeprem Kelegian Board member 1.0 0.0 X 0 0 0 Edward Mardigian Board member 1.0 0.0 X 0 0 0 Sandra Shahinian BOARD MEMBER 1.0 0.0 X 0 0 0 Greg Toufayan Board member 1.0 0.0 X 0 0 0 Richard Babayan Board member 1.0 0.0 X 0 0 0 Lynn Dadourian Barsamian Board member 1.0 0.0 X 0 0 0 Rev Fr Krikor Sabounjian Board member 1.0 0.0 X 0 0 0 Zara Ingilizian board Member 1.0 0.0 X 0 0 0 189316 0 0 1 false false false Focal Change Inc PO Box 3735 NEW YORK NY 10163 Promotion 184142 Kanaka OJSC GAREGIN NZHDEH STREET 4 BUILDING VANADZOR CITY REGION LORI AM grant construction 555816 Melanya Movesesyan PE 53D/3 MEQENASHINARARNER VANADZOR CITY TARON-4 AM grant construction 197106 3 365000 57100 4367025 200000 4789125 YOUNG PROFESSIONALS PROGRAM FEES 900099 5493 5493 FAR-ACYOA PROGRAM FEES 900099 4180 4180 9673 197273 197273 0 0 0 0 0 805737 749898 55839 55839 55839 0 0 0 0 0 0 0 0 0 0 5051910 9673 253112 0 0 2465276 2465276 0 241235 194776 36617 9842 0 699830 563749 111871 24210 0 10210 10210 23791 11675 9661 2455 0 0 58809 58809 0 0 51141 51141 269281 191681 2700 74900 3862 2843 1019 78315 43635 19455 15225 0 0 88382 43870 44512 57380 51313 6067 0 19646 5277 14369 0 0 36984 13842 23142 28991 2364 26627 PROJECT SUPPLIES 496491 496491 REBRANDING EXPENSE 87889 87889 CONTRACT LABOR 824894 824894 TRANSPORTATION 7916 7916 2359 374 1985 5552682 4919976 418185 214521 X 13794 12142 4242712 5000445 3413175 1719184 0 0 0 0 0 0 56108 63704 748296 463040 2004 16072 1862106 421726 1456114 1440380 4170509 3815438 4176579 6032039 0 0 0 0 2130602 2336899 20409893 20899343 122798 128204 0 0 0 0 0 0 0 0 0 0 0 0 57100 0 0 0 179898 128204 X 6925496 7270043 13304499 13501096 20229995 20771139 20409893 20899343 X -500772 1008154 33762 X false true true false X 8385120 3232119 4281832 6345869 4789125 27034065 0 0 8385120 3232119 4281832 6345869 4789125 27034065 7435019 19599046 76722 112143 121811 116614 197273 624563 0 0 27658628 120697 0.70861 0.68959 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4176579 1017382 1060061 221983 6032039 3451400 601050 334436 210307 4176579 3064083 106475 482127 204285 3448400 3392518 87718 -213121 203032 3064083 3134347 6300 468925 217054 3392518 1.00000 false false 1663115 256321 1406794 103663 96474 7189 95328 68931 26397 1440380 INVESTMENTS HELD BY ACEF 6032039 F 6032039 BENEFICIAL INTEREST - FUNDS 2336899 2336899 6215220 1008154 206297 1214451 5000769 51141 51141 5051910 5501541 5501541 51141 51141 5552682 PART V, LINE 4 THE ENDOWMENT FUNDS INCLUDE BOTH DONOR RESTRICTED endowment funds and UNAPPROPRIATED EARNINGS ON THOSE FUNDS. THE DONOR RESTRICTED ENDOWMENTS ARE USED TO PROVIDE FUNDING FOR SPECIFIC PROGRAMS OF THE AGENCY AS WELL AS TO PROVIDE SUPPORT FOR OTHER PROGRAMMATIC AND GENERAL OPERATIONS OF THE ORGANIZATION. REVENUE RECONCILIATION There was a change in value of beneficial interest of $203,172 was not included in revenue, but was shown as an other adjustment to net assets in Part XII. FIN 48 DISCLOSURE The Fund is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly the financial statements do not reflect a provision for Federal income taxes. There were no uncertain tax positions at December 31, 2021. In addition, no income tax related penalties or interest have been recorded for the year ended December 31, 2021. true Russia and the Newly Independent States 3 150 Program Services Humanitarian aid 5501541 3 150 3 150 5501541 5501541 Russia and the Newly Independent States OPERATIONAL EXPENSES FOR OLD AGE HOME. 94467 wire Russia and the Newly Independent States OPERATIONAL EXPENSES FOR CHILDRENS RECEPTION AND PLACEMENT CENTER 288952 wire Russia and the Newly Independent States OPERATIONAL ASSISTANCE AND GRANT TO ORGANIZE it TRAININGS. 144262 wire Russia and the Newly Independent States Partial School Renovation 30907 wire Russia and the Newly Independent States Playground construction 6551 wire Russia and the Newly Independent States Assistance for center operational expenses 10869 wire Russia and the Newly Independent States General Assistance 75000 wire Russia and the Newly Independent States operational support 173700 wire Russia and the Newly Independent States Donation for Center refurbishment 15551 wire Russia and the Newly Independent States Rehabilitation activities for Shirak servicemen 7900 wire Russia and the Newly Independent States Grant to purchase medical supplies for 140 children with asthma 35903 wire Russia and the Newly Independent States Purchase of special purpose vehicle for the NGO 16057 wire Russia and the Newly Independent States Construction of pottery room 6027 wire Russia and the Newly Independent States Furniture for School 5892 wire Russia and the Newly Independent States Kids meal project 5280 wire Russia and the Newly Independent States furniture and computer purchases 6050 wire Russia and the Newly Independent States Relief packages for Artsakh Refugees 11380 wire Russia and the Newly Independent States Grant to start post-war startups 30740 wire Russia and the Newly Independent States Construction of irrigation system 22089 wire Russia and the Newly Independent States operational support 160705 wire 10 10 ANSEF grants Russia and the Newly Independent States 52 136133 wire Emergency assistance Russia and the Newly Independent States 1613 333616 cash Educational fees for orphans and others Russia and the Newly Independent States 439 154568 wire Orphan assistance Russia and the Newly Independent States 533 137196 cash Shoes and clothing donations Russia and the Newly Independent States 351226 Clothing Local value Medical Equipment and supplies donations Russia and the Newly Independent States 39793 Equipment/supplies Local value false false false false false false SCHEDULE F - PART I A. Beneficiaries within a FAR program/project: - a description, of a given FAR program/project is approved by the FAR Board of Directors. - a description includes a budget, definition of a beneficiary, specific criteria of the selection process, and amount of individual payments to a beneficiary. - beneficiaries are selected on a highly competitive basis, criteria is checked and double checked (including by visiting the residence of a beneficiary, requesting relevent documents, etc) first, by a specific project manager, then by a Selection Committee- to ensure eligibility of enrollment into a project. - the selection process is entirely transparent: for each program a Selection Committee is established that includes FAR field officers, and/or Directors, and/or non-FAR members. - at the time of the annual evaluation of given program (usually in January following the calendar year) application of all criteria is thoroughly reviewed. B. Grant Beneficiaries - proposals on grant making are prepared by FAR field officers, or any other FAR officers or Directors. The proposals are evaluated by a group, that consists of the Executive Director, the Treasurer and a Director assigned to the relevant area of FAR activities (like healthcare, education, child protection, etc). Decision on grant making is made by the FAR Board of Directors based on the proposals specified above. - one time grants (usually at a donor wish) are processed the same way as regular grants. Donor-proposed grants that may contradict established FAR policies, are turned down. - at the time of the annual evaluation of a given program (usually in January following the calendar year) application of all criteria is throughly reviewed. In every case, potential conflict of interest is taken into strong consideration; transparency, accountability and completive basis of beneficiary selection is strongly pursued. Schedule F, Part III, Receipients of medical supplies and equipment Donations of medical supplies and equipment are sent to local medical facilities within Armenia. An estimated number of 1,000 recipients is shown in Form 990 as this medical equipment will impact many more individuals receiving medical care over many years. X 104406 market value Armenia X Clothing and household supplies 9 104406 Market value Armenia false true false part I, Line 5b the number of contributions shown reflects the number of shipments received not the number of donated items of clothing and supplies. PART VI- SECTION C, QUESTION 19 THE ORGANIZATION MAKES ITS FORM 990, CONFLICT OF INTEREST POLICY, FORM 1023 AND THE AUDITED FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FROM THE ORGANIZATION. PART VI- SECTION B, QUESTION 11B A COPY OF THE COMPLETED FORM 990 WAS PROVIDED TO ALL MEMBERS OF THE AUDIT AND FINANCE COMMITTEES OF THE BOARD FOR THEIR REVIEW AND APPROVAL BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. PART VI- SECTION B- QUESTION 15B- COMPENSATION PROCESS The FAR bylaws establish the list of FAR officers eligible for compensation and specifically excludes the directors other than the Executive Director. There is a standing policy, established by the Board of Directors, regarding compensation and benefits for all officers and employees. Salaries are approved annually in the budget that is passed by the board. Salary increases for key employees, when given, include a review of comparable salaries at similar nonprofit organizations by the appropriate committees of the board. PART VI- SECTION B, QUESTION 12C Conflict of interest questionnaires are completed annually by board members and key employees. These are reviewed by management for potential conflicts. Any conflicts noted would be reviewed by the board for consideration and appropriate resolution. SCHEDULE F, PART II, QUESTION 3 PAYMENTS ARE MADE TO ORGANIZATIONS IN ARMENIA, WHICH INCLUDE NGO'S, charitable FOUNDATIONS, WHICH ARE EQUIVALENT TO NGO'S FOR CERTAIN ORGANIZATIONS IN ARMENIA, AND SCHOOLS, UNIVERSITIES AND THE DIOCESE OF THE ARMENIAN CHURCH. THESE SCHOOLS, UNIVERSITIES AND THE DIOCESE DO NOT hAVE 501(C)(3) OR EQUIVALENT STATUS IN ARMENIA AS THIS IS NOT A PRACTICE THERE. HOWEVER, THESE ORGANIZATIONS ARE EQUIVALENT TO 501(C)(3)ORGANIZATIONS IN THE UNITED STATES AS THEY ARE EDUCATIONAL iNSTITUTIONS OR social service departments of RELIGIOUS ORGANIZATIONS. PART XI, LINE 5- OTHER CHANGES IN NET ASSETS CHANGE IN VALUE OF BENEFICIAL INTEREST OF $203,172 WAS RECORDED FOR THE Year ENDED DECEMBER 31, 2021. Additionally there was an adjustment to net assets reported in the prior year of $(172,535) for an adjusted bequest receivable. THe net amount of $33,762 HAS BEEN SHOWN AS AN OTHER CHANGE IN NET ASSETS FOR THE FORM 990 PREsentation. Page 2, Part III, Line 4a - Economic Development Program description Economic Development Programs - includes expenses that will help stimulate Armenia's economy by providing the people in Armenia the necessary resources to lay a foundation for sustainable employment and development within their communities. FAR has three primary projects focused on economic development, including the multi-faceted Breaking the Cycle of Poverty Program: Developing Thriving Communities (BCPP); Gyumri Information Technology Center (GTech); and Small Business Assistance for Syrians (SBA). Page 2, Part III, Line 4b - Educational Programs Educational Programs - Provides scholarship, vocational training, financial assistance/living stipends, and housing to orphaned students and students from underprivileged families throughout Armenia. Page 2, Part III, LIne 4c - Childrens Programs Children's Programs - Through these programs, FAR advocates for and assists the at-risk children and youth of Armenia. FAR's two primary projects in child protection are the FAR Children's Center and the Children of Armenia Sponsorship Program (CASP), both of which help children in need. This program includes crisis intervention and rehabilitation for children by providing financial assistance, medical and psychological care, nutritious food, clothing, and educational and recreational materials as well as costs of renovating and furnishing the homeless children's center and orphanages in Armenia. Page 2, Part III, 4d - Other Programs Emergency Needs Programs - These programs provide immediate relief to those in need in Armenia, including humanitarian aid. During the COVID-19 pandemic, food, hygiene kits and masks were provided to nearly 5.000 people impacted by the pandemic. Additional assistance was provided to over 16,000 people displaced from Artsakh due to the war there, including food and hygiene packages and other living essentials to women, children, the elderly and injured soldiers. Senior Programs - These programs provide access to immediate needs like food, shelter, medical care, and social support to seniors in Armenia. FAR's Soup Kitchens Program and Vanadzor Old Age Home (VOAH) help provide necessary support for vulnerable populations. Healthcare Programs - Armenia's healthcare sector has been a primary focus since FAR's early days when we started advocating for institutionalized medical education and professional development. Healthcare programs have since expanded and adapted over time to fit the growing and changing needs of health in Armenia today, tackling issues critical to progress and development like childhood malnutrition, children's cognitive development, and maternal health. FAR has six primary projects that focus on health--the Continuing Medical Education Program (CME); Nurses of Artsakh Training Program; BCPP's Child Health and Nutrition Project; the Transforming Children's Health and Development Project; and Aparan Summer Camp. GORTCARAR HOF LCC 22 M KHORENATSI STREET YERVEVAN AM 0010 981255167 AGRICULTURE AM 0 FAR CHILDRENS SUPPORT CENTER FOUNDATION 64 K ULNETSI STREET YEREVAN AM ORPHANAGE AM n/a NGO FAR true VANADZOR OLD AGE HOME FOUNDATION 8 MAIMEKHI STREET VANADZOR AM OLD AGE HOME AM n/a NGO FAR true GYUMRI INFORMATION TECHNOLOGIES CENTER ANKAKHUTYAN 9 GYUMRI AM 3101 SCHOOL AM n/a NGO FAR true Tavush Foundation AM N/A NGO FAR true false true false false false false false false false false false false false false false false false false CHILDREN SUPPORT CENTER FOUNDATION 1B 238840 GRANT REQUEST GYUMRI INFORMATION TECHONOLOGY CENTER FDTN 1B 144262 GRANT REQUEST VANADZOR OLD AGE HOME FOUNDATION 1B 94467 GRANT REQUEST