2023-11-16T13:08:31-06:00 2022-12-31 208161914 NKSFB LLC DBA - FOCUS OPERATING LLC 10960 WILSHIRE BLVD 5TH FLOOR LOS ANGELES CA 90024 990 2022-01-01 743248665 RAISING MALAWI INC RAIS 3102774657 10960 WILSHIRE BLVD 5TH FL LOS ANGELES CA 90024 RICHARD FELDSTEIN TREASURER 3102774657 2023-11-15 1 RICHARD FELDSTEIN 999009999 1 WILLIAM SCHUMANN P00410384 3102774657 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RICHARD FELDSTEIN 10960 WILSHIRE BLVD 500 LOS ANGELES CA 90024 306570 0 X WWW.RAISINGMALAWI.ORG X 2008 CA RAISING MALAWI SUPPORTS ORPHANS AND VULNERABLE CHILDREN WITH CRITICAL RESOURCES INCLUDING EDUCATION, MEDICAL CARE, FOOD AND SHELTER, AND PSYCHOSOCIAL SUPPORT 3 3 1 0 0 0 1172843 298231 0 0 199 8339 0 0 1173042 306570 1222728 1142597 0 0 175056 114995 0 0 17249 287748 341816 1685532 1599408 -512490 -1292838 1932618 639780 0 0 1932618 639780 RAISING MALAWI SUPPORTS ORPHANS AND VULNERNABLE CHILDREN WITH CRITICAL RESOURCES INCLUDING EDUCATION, MEDICAL CARE, FOOD AND SHELTER, AND PSYCHOSOCIAL SUPPORT. 0 0 1247096 1064884 IN PARTNERSHIP WITH MALAWI'S MINISTRY OF HEALTH, RAISING MALAWI OPERATES THE MERCY JAMES CENTRE FOR PEDIATRIC SURGERY AND INTENSIVE CARE, THE COUNTRY'S FIRST AND ONLY SPECIALIZED PEDIATRIC HEALTHCARE FACILITY THAT SERVES THOUSANDS OF CHILDREN ANNUALLY; THE FACILITY SUPPORTS THE SPECIALIZED TRAINING OF THE NEXT GENERATION OF MALAWIAN PEDIATRIC SURGEONS AND INTENSIVE CARE PHYSICIANS. 62713 62713 RAISING MALAWI'S GRANT FUNDED BASIC NEEDS (FOOD, SHELTER, HEALTHCARE) AND EDUCATINOAL SUPPORT TO 400+ CHILDREN AT HOME OF HOPE ORPHANAGE IN THE MCHINJI REGION OF MALAWI. THE GRANT ALSO FUNDED RENOVATIONS AND CONSTRUCTION PROJECTS ON THE HOME OF HOPE CAMPUS. 15000 15000 RAISING MALAWI FUNDED MALAWI'S FIRST FULL-TIME SOCCER AND SCHOLARSHIP ACADEMY FOR BOYS AND GIRLS BASED IN LINGADZI, MALAWI. THE GRANT SUPPORTED ACTIVITIES INCLUDING SOCCER COACHING AND DEVELOPMENT, EDUCATION AND CHARACTER PROGRAMMING FOR 57 ATHLETE-SCHOLARS, DEVELOPMENT OF MALAWI'S FIRST GIRLS' SOCCER LEAGUE, AND THE PURCHASE OF A NEW BUS. 1324809 1 0 0 0 0 0 0 0 0 0 0 1 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 0 0 0 0 0 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X NKSFB LLC 3102774657 10960 WILSHIRE BLVD 5TH FLOOR LOS ANGELES CA 90024 X MADONNA CICCONE BOARD CHAIR 3.00 X X 0 0 0 GUY OSEARY BOARD SECRETARY 3.00 X X 0 0 0 RICHARD FELDSTEIN BOARD TREASURY 3.00 X X 0 0 0 0 0 0 0 0 0 0 PROSKAUER ROSE LLP ELEVEN TIMES SQUARE NEW YORK NY 10036 LEGAL 128228 1 298231 298231 8339 8339 306570 0 0 8339 63666 63666 1078931 1078931 114995 80497 17249 17249 119665 101715 17950 128628 128628 37778 37778 556 556 18623 18623 IN-COUNTRY EXPENSES 35000 35000 ANNUAL REGISTRATION & T 820 820 PAYROLL FEES 719 719 WEBSITE MAINTENANCE 27 27 1599408 1324809 257350 17249 228059 176883 1704559 462897 1932618 639780 0 0 X 0 0 0 0 1932618 639780 1932618 639780 1932618 639780 -1292838 0 X 0 0 0 X 2922310 797773 45262 1172843 298231 5236419 2922310 797773 45262 1172843 298231 5236419 4025052 1211367 52371 80820 9580 199 8339 151309 5387728 0.22480 0.23320 X RAISING MALAWI MAINTAINS A SOCIAL NETWORK OF SUPPORTERS AND KEEPS THEM INFORMED OF THE EVENTS AND PROGRAMS IN MALAWI AFRICA. THE ORGANIZATION PERIODICALLY HOLDS CHARITY EVENTS TO FUND THE CRITICAL PROGRAMS IT SPONSORS AND SEEKS DONATIONS THROUGHOUT THE YEAR AS WELL. 0 CASH AND CASH RESERVES ASSETS 462897 C 462897 0 SUB-SAHARAN AFRICA 1 GRANTS TO RECIPIENTS LOCATED IN REGION 1078931 1 0 0 0 1 0 1078931 0 1078931 SUB-SAHARAN AFRICA - MALAWI, SUPPORT IABWA PROGRAMS 23690 WIRE TRANSFER 0 N/A CASH SUB-SAHARAN AFRICA - MALAWI, FUND CHILD REINTEGRATION PROJECT 9583 0 SUPPORT VISITING MEDICAL SPECIALIST WORK AT MALAWI HOSPITAL (DR MOHSENIBOD) SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 94800 WIRE TRANSFER N/C CASH SUPPORT VISITING MEDICAL SPECIALIST WORK AT MALAWI HOSPITAL (DR PEROS) SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 5150 WIRE TRANSFER N/C CASH SUPPORT VISITING MEDICAL SPECIALIST WORK AT MALAWI HOSPITAL (DR COX) SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 29073 WIRE TRANSFER N/C CASH SUPPORT VISITING MEDICAL SPECIALIST WORK AT MALAWI HOSPITAL (DR SLOOF) SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, WIRE TRANSFER N/C CASH 0 0 0 0 0 0 PART I, LINE 2: BEFORE MONEY IS SENT OVERSEAS TO FUND A FOREIGN ORGANIZATION, THE FOLLOWING REQUIREMENTS MUST BE MET: O RAISING MALAWI, INC. PERFORMS A PRE-GRANT INQUIRY TO ENSURE THAT THE SPECIFIC PROJECT TO BE CARRIED OUT BY THE FOREIGN ORGANIZATION FULFILLS THE EXEMPT PURPOSES OF RAISING MALAWI, INC; O THE BOARD OF RAISING MALAWI, INC REVIEWS AND APPROVES THE SPECIFIC FOREIGN PROJECT; O THE FUNDS ARE EARMARKED FOR SPECIFIC RAISING MALAWI, INC'S RELATED ACTIVITIES ALL REQUESTS FOR FUNDING FOR FOREIGN CHARITIES OR PROJECTS ARE INCORPORATED INTO RAISING MALAWI, INC'S ANNUAL BUDGETARY PROCESS. THE ANNUAL BUDGETARY PROCESS INCLUDES A DESCRIPTION OF THE CHARITABLE PURPOSES TO BE SERVED BY THE FOREIGN ORGANIZATION. THE BOARD DETERMINES THAT THE PURPOSES OF THE ACTIVITIES FOR WHICH FUNDING IS REQUESTED ARE CONSISTENT WITH THE CHARITABLE PURPOSES OF RAISING MALAWI, INC AND WORTHY OF FUNDING THE RECIPIENT FOREIGN ORGANIZATION IS REQUIRED TO SUBMIT A DETAILED BUDGET SHOWING PROPOSED EXPENDITURES WITH SUFFICIENT DETAIL FOR THE BOARD TO DETERMINE THE ECONOMIC EFFICIENCY OF THE PROJECT BEING FUNDED. THE RECIPIENT ORGANIZATION IS REQUIRED TO PROVIDE A LIST OF SPECIFIC CHARITABLE GOALS IT WANTS TO ACCOMPLISH WITH THE FUNDS AND A STATEMENT OF THE STANDARDS BY WHICH PROGRESS TOWARD GOALS CAN BE MEASURED. A POINT PERSON IS DESIGNATED WITHIN THE RECIPIENT ORGANIZATION TO BE RESPONSIBLE FOR OVERSEEING THE FUNDED PROJECTS SUBJECT TO THE CONTROL OF THE BOARD. THE RECIPIENT ORGANIZATION AND ITS RESPONSIBLE PERSON(S) ARE REQUIRED TO COMMIT FULLY, FAITHFULLY AND TIMELY TO COMPLY WITH RAISING MALAWI, INC'S REPORTING AND MONITORING REQUIREMENTS. FUNDING REQUESTS NOT RECEIVED IN TIME TO GO THROUGH THE ANNUAL BUDGETARY PROCESS OF RAISING MALAWI, INC. AND WHICH RAISING MALAWI, INC'S EXECUTIVE DIRECTOR DETERMINES ARE WORTHY OF SPECIAL CONSIDERATION MAY BE FUNDED ONLY IF AN EXECUTIVE COMMITTEE OF THE BOARD APPROVES THE PROJECT AS MEETING THE REQUIREMENTS SET FORTH ABOVE; -REPORTS MUST BE SUBMITTED BY EACH RECIPIENT FOREIGN ORGANIZATION PERIODICALLY, AND MUST INCLUDE FINANCIAL STATEMENTS (CURRENT WITHIN 30 DAYS) REFLECTING ACTUAL CHARITABLE EXPENSES COMPARED TO THE PROJECTED BUDGET. RAISING MALAWI, INC'S CFO EVALUATES THESE REPORTS AND THEN REFERS THEM TO THE PRESIDENT WITH A RECOMMENDATION WHETHER TO CONTINUE OR DISCONTINUE FUNDING. MOREOVER, THE BOARD MAY, IN ITS ABSOLUTE DISCRETION, REFUSE TO MAKE ANY GRANTS OR CONTRIBUTIONS OR TO OTHERWISE RENDER FINANCIAL ASSISTANCE TO OR FOR ANY OR ALL OF THE PURPOSES FOR WHICH FUNDS ARE REQUESTED. THE BOARD AT ALL TIMES HAS THE RIGHT TO WITHDRAW APPROVAL OF THE GRANT AND USE THE FUNDS FOR OTHER CHARITABLE OR EDUCATIONAL PURPOSES. PART III ACCOUNTING METHOD: FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY A CPA FIRM, THEN REVIEWED BY THE TREASURER AND ACTING EXECUTIVE DIRECTOR PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY HAS BEEN APPROVED BY THE BOARD OF DIRECTORS. A DISCLOSURE STATEMENT INCLUDING A LIST OF MAJOR VENDORS WITH WHOM THE ORGANIZATION TRANSACTED BUSINESS DURING THE PREVIOUS YEAR IS FURNISHED ANNUALLY TO EACH DIRECTOR, OFFICER AND MEMBER OF THE EXECUTIVE STAFF OF THE ORGANIZATION. THE FORMS ARE REVIEWED AND SIGNED BY EACH MEMBER WITH ANY CONFLICTS NOTED AND RETURNED TO THE STAFF MEMBER WHO HANDLES BOARD AFFAIRS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD IS AUTHORIZED TO MAKE RECOMMENDATIONS TO THE BOARD REGARDING EXECUTIVE COMPENSATION. THIS COMMITTEE SHOULD RELY ON APPROPRIATE DATA AS TO COMPARABILITY PRIOR TO MAKE ITS RECOMMENDATION AND SHALL CONTEMPORANEOUSLY INCLUDE SUCH DATA AND OTHER REASONS FOR ITS RECOMMENDATION IN THE MINUTES. THE EXECUTIVE COMMITTEE SHALL DOCUMENT ANY OTHER BASE FOR BELIEVING THE PROPOSED COMPENSATION IS REASONABLE. COMPENSATION SHALL BE REVIEWED ANNUALLY BY ONLY THOSE BOARD MEMBERS WITH NO CONFLICTS OF INTEREST AND DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL PROVIDE ACCESS TO FINANCIAL INFORMATION, GOVERNING DOCUMENTS AND TAX INFORMATION TO THE GENERAL PUBLIC AS REQUIRED BY LAW.