2023-05-05T16:03:51-05:00 2022-06-30 930900579 MCDONALD JACOBS PC 520 SW YAMHILL ST STE 500 PORTLAND OR 97204 990 2021-07-01 331143418 NAA AMERLEY PALM EDUCATION FOUNDATION NAAA 601 SW 2ND AVENUE 2100 PORTLAND OR 97204 MATTHEW STORER CHAIRMAN 2023-04-27 1 MATTHEW STORER 999009999 SANG AHN P00540880 5032270581 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z X NAPE FOUNDATION MATTHEW STORER 601 SW 2ND AVENUE 2100 PORTLAND OR 97204 457595 0 X NAPEFOUNDATION.ORG X 2006 OR PROVIDING SUPPORT FOR HIGHER EDUCATION IN GHANA, WEST AFRICA. 11 11 0 13 0 0 111985 280845 0 0 0 0 0 0 111985 280845 96720 264265 0 0 0 0 11478 0 0 1416 16032 109614 280297 2371 548 2400 2948 0 0 2400 2948 NAPE FOUNDATION PROVIDES AN INCREASE IN HIGHER EDUCATIONAL OPPORTUNITIES TO GHANAIANS TO ENHANCE AND PROMOTE THEIR WELL BEING AND COMMUNITY AT LARGE. 0 0 165000 165000 PALM INSTITUTE STARTED CONSTRUCTION ON ITS FIRST ON-CAMPUS STUDENT DORMATORY WHICH WILL HOUSE 32 FULL-TIME CAMPUS STUDENTS. CONSTRUCTION AT THE END OF THE FISCAL YEAR WAS APPROXIMATELY 80% COMPLETE AND FUNDED BY GRANTS FROM NAPE FOUNDATION. 99265 99265 SCHOLARSHIP GRANTS PROVIDED BY NAPE FOUNDATION PROVIDED PALM INTITUTE TO ADMIT THE HIGHEST NUMBER OF STUDENTS; 20 STUDENTS DURING THE 2022 ADMISSIONS SEASON. FOR THE FIRST TIME IN THE HISTORY OF PALM INSTITUTE, THE FEMALE TO MALE RATIO OF THE STUDENT POPULATION CURRENTLY IS 11:20. MORE FEMALES WERE GIVEN THE OPPORTUNITY TO ENROLL AT PALM INSTITUTE AS A RESULT OF OUR COLLABORATION WITH CAMFED. TOTAL GRANTS PROVIDED FOR SCHOLARSHIPS AND OPERATION SUPPORT FOR ENROLLMENT DURING THE FISCAL YEAR WAS $99,265. PALM INSTITUTE RECEIVED ACCREDITATION TO RUN TWO (2) FOUR-YEAR DEGREE PROGRAMS IN 2022 AS A RESULT OF CONTINUED GRANT FUNDING FROM NAPE FOUNDATION. THE BSC. COMPUTER SCIENCE AND BSC. BUSINESS ADMINISTRATION WERE ACCREDITED BY THE GHANA TERTIARY EDUCATION COMMISSION (GTEC) THIS YEAR GIVING PALM INSTITUTE THE OPPORTUNITY TO DIVERSIFY ITS PROGRAM OFFERING FOR STUDENTS. 264265 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 OR X CALEB PILING 5417295321 601 SW 2ND AVENUE 2100 PORTLAND OR 97204 X PETER OKANTEY PRESIDENT 5.00 45.00 X X 0 0 0 MATTHEW STORER CHAIRMAN 3.00 X X 0 0 0 BETH OKANTEY SECRETARY 2.00 X X 0 0 0 CALEB PILLING TREASURER 2.00 X X 0 0 0 MATTHEW ESSIEH DIRECTOR 1.00 X 0 0 0 BRENDA MCLAUGHLIN DIRECTOR 1.00 X 0 0 0 PATRICIA AKOSUA ASANTE-FREMPONG DIRECTOR 1.00 X 0 0 0 ATO MICAH DIRECTOR 1.00 X 0 0 0 JUSTICE OWUSU-HEINNO DIRECTOR 1.00 X 0 0 0 STEPHAN WILSON DIRECTOR 1.00 X 0 0 0 SUSAN SMITH DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 280845 176750 280845 176750 176750 0 0 280845 0 0 0 264265 264265 1993 1993 1645 1645 621 621 PROPERTY SELLING EXPENS 11773 11773 280297 264265 16032 0 2400 2188 760 2400 2948 0 0 X 2400 2948 2400 2948 2400 2948 548 0 X 0 0 0 X 220199 73796 51154 111985 104095 561229 220199 73796 51154 111985 104095 561229 298912 262317 561229 0.46740 0.42870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 SUB-SAHARAN AFRICA 1 0 GRANTS TO RECEIPIENTS IN THE REGONS / PROGRAM SERVICES GRANTS TO PROVIDE SCHOLARSHIP SUPPORT TO STUDENTS OF THE EDUCATION INSTITUTION. 264265 1 0 0 0 1 0 264265 0 264265 SUB-SAHARAN AFRICA SCHOLARSHIPS 96720 WIRE TRANSFERS/CASH WITHDRAWALS 0 N/A SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, SCHOOL CAMPUS CONSTRUCTION 165000 WIRE TRANSFERS/CASH WITHDRAWALS 0 N/A 1 0 0 0 0 0 0 PART III ACCOUNTING METHOD: SCHEDULE F, PART I, QUESTION 1 PRESIDENT OF THE FOUNDATION IS LOCATED ONSITE AT GRANTEE LOCATION AND OVERSEES USE OF FUNDS AND PROVIDES MONTHLY AND ANNUAL REPORTS BACK TO THE BOARD. THE BOARD RECEIVES PROGRAM COSTS AND BUDGETS, FINANCIAL STATEMENTS AND REPORTS FROM PALM INSTITUTE AND REVIEWS SUCH INFORMATION WITH THE TRUSTEES AND OFFICERS OF PALM INSTITUTE. X 1 176750 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 PETER OKANTEY, PRESIDENT, AND BETH OKANTEY, SECRETARY, ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY DIRECTORS VIA AN ELECTRONIC ACCESS, REVIEW AND APPROVAL PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, ANNUAL FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST SUBMITTED THROUGH THE WEBISTE, EMAIL OR IN WRITING. PALM INSTITUTE MANYA JORPANYA SHAI HILL AKOSOMBO ACCRA GH TERTIARY EDUCATION - 2 & 3 YEAR CERTIFICATES & 4 YEAR DEGREES GH NAA AMERLEY PALM EDUCATION FOUNDATION 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PALM INSTITUTE B 264265 CASH