2022-05-13T18:51:53-05:00 2021-06-30 135565207 KPMG LLP 1601 MARKET STREET PHILADELPHIA PA 19103 990 2020-07-01 203287404 UNICEF USA IMPACT FUND FOR CHILDREN INC UNIC 2126865522 125 MAIDEN LANE 10TH FLOOR NEW YORK NY 10038 CRISTINA SHAPIRO-ALSTER PRESIDENT 9129968090 2022-05-12 1 CRISTINA SHAPIRO-ALSTER 999009999 TESS FANNING P02033722 2672567000 2022-05-12 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z CRISTINA SHAPIRO-ALSTER 125 MAIDEN LANE 10TH FLOOR NEW YORK NY 10038 64374897 0 X WWW.UNICEFUSA.ORG/IMPACT-FUND-FOR-CHILDREN X 2005 NY UNICEF USA IMPACT FUND FOR CHILDREN EXISTS TO EXPAND THE CONTINUUM OF FINANCING FOR CHILDREN.THE UNICEF USA IMPACT FUND FOR CHILDREN (IF4C) EXISTS TO EXPAND THE CONTINUUM OF FINANCING THAT IS AT WORK FOR CHILDREN, IN MULTIPLE FORMS, TO PROTECT CHILDREN'S RIGHTS, HELP MEET THEIR BASIC NEEDS, AND EXPAND THEIR OPPORTUNITIES TO MEET THEIR FULL POTENTIAL. WE BELIEVE TRULY SCALABLE-LONG-TERM IMPACT WILL ONLY BE ACCOMPLISHED WHEN WE MOVE BEYOND PHILANTHROPY ALONE, PUTTING CAPITAL MARKETS TO WORK FOR CHILDREN, MAXIMIZING THE IMPACT OF PHILANTHROPY, TRANSFORMING MARKETS, AND SCALING PURPOSE DRIVEN BUSINESSES. IF4C'S LARGEST OFFERING IS THE BRIDGE FUND, WHICH IS A DEBT FUND THAT FAST-TRACKS CRITICAL FUNDING TO THE FIELD TO ELIMINATE CASH GAPS AND TO PROVIDE UNINTERRUPTED AND EXPEDITED ACCESS TO CRITICAL PROGRAMS FOR CHILDREN. 6 4 0 0 0 0 61786862 63966277 0 0 508151 408620 0 0 62295013 64374897 60462073 58649660 0 0 0 920737 0 0 178551 2028820 1356861 62490893 60927258 -195880 3447639 55124461 80832510 41041177 62344483 14083284 18488027 X UNICEF USA IMPACT FUND FOR CHILDREN (IF4C) EXISTS TO EXPAND THE CONTINUUM OF FINANCING THAT IS AT WORK FOR CHILDREN, IN MULTIPLE FORMS, TO PROTECT CHILDREN'S RIGHTS, HELP MEET THEIR BASIC NEEDS, & EXPAND THEIR OPPORTUNITIES TO REACH THEIR FULL POTENTIAL. (SEE SCH O)UNICEF USA IMPACT FUND FOR CHILDREN (IF4C) EXISTS TO EXPAND THE CONTINUUM OF FINANCING THAT IS AT WORK FOR CHILDREN, IN MULTIPLE FORMS, TO PROTECT CHILDREN'S RIGHTS, HELP MEET THEIR BASIC NEEDS, & EXPAND THEIR OPPORTUNITIES TO REACH THEIR FULL POTENTIAL. WE BELIEVE TRULY SCALABLE-LONG-TERM IMPACT WILL ONLY BE ACCOMPLISHED WHEN WE MOVE BEYOND PHILANTHROPY ALONE, PUTTING CAPITAL MARKETS TO WORK FOR CHILDREN, MAXIMIZING THE IMPACT OF PHILANTHROPY, TRANSFORMING MARKETS, AND SCALING PURPOSE DRIVEN BUSINESSES. IF4C'S LARGEST OFFERING IS THE BRIDGE FUND, WHICH IS A DEBT FUND THAT FAST-TRACKS CRITICAL FUNDING TO THE FIELD TO ELIMINATE CASH GAPS AND TO PROVIDE UNINTERRUPTED AND EXPEDITED ACCESS TO CRITICAL PROGRAMS FOR CHILDREN. 0 0 60549452 58649660 THE UNICEF USA IMPACT FUND FOR CHILDREN OPERATES AND ADMINISTERS THE BRIDGE FUND. THE BRIDGE FUND FAST-TRACKS CRITICAL FUNDING TO THE FIELD TO ELIMINATE CASH GAPS AND PROVIDE UNINTERRUPTED AND EXPEDITED ACCESS TO CRITICAL PROGRAMS FOR CHILDREN. IT WAS CREATED SO UNICEF CAN COMPLETE IMMUNIZATION CAMPAIGNS BEFORE CHILDREN CONTRACT DEADLY DISEASES, DELIVER DESKS THAT ARRIVE BEFORE SCHOOL STARTS, AND FAST-TRACK EMERGENCY RELIEF TO DESPERATE FAMILIES JUST DAYS AFTER A NATURAL DISASTER. IT DOES THIS BY ACCELERATING FUNDING FOR UNICEF DEVELOPMENT PROGRAMS, PROCUREMENT OF SUPPLIES, HUMANITARIAN EMERGENCY RESPONSE, AND GROWING FUTURE FUNDRAISING REVENUE.(SEE SCHEDULE O) 60549452 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 14 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X BRETT D ROBINSON 9177201380 125 MAIDEN LANE 10TH FLOOR NEW YORK NY 10038 CRISTINA SHAPIRO-ALSTER PRESIDENT/DIRECTOR 50.00 0.25 X X 0 325195 33959 DOLORES RICE GAHAN DIRECTOR 1.00 5.25 X 0 0 0 GLEN BAPTISTE DIRECTOR 1.00 0.25 X 0 0 0 MICHAEL J NYENHUIS DIRECTOR 5.00 55.25 X 0 493770 11390 SHAHRIAR SHAHIDA CHAIRMAN/DIRECTOR 2.00 1.25 X X 0 0 0 STEVE EATON DIRECTOR 1.00 0.00 X 0 0 0 ALPHA CONTEH ASSISTANT TREASURER 5.00 50.25 X 0 204208 33904 ANUCHA BROWNE ASST. SECRETARY 1.00 50.25 X 0 322740 67418 BRETT D ROBINSON TREASURER 5.00 50.25 X 0 418051 70707 MICHELE WALSH ASST. SECRETARY (AS OF 10/2020) 1.00 50.25 X 0 209162 70234 MINDY GROSSMAN SECRETARY 1.00 5.25 X 0 0 0 RICHARD ESSERMAN FORMER OFFICER (UNTIL 1/2020) 5.00 50.00 X 0 122754 10504 0 2095880 298116 0 1 1 0 0 24384451 39581826 63966277 408620 408620 64374897 0 0 408620 X 58649660 58649660 460588 322412 69088 69088 460149 342324 8362 109463 36994 33295 3699 82364 74128 8236 36888 36888 104200 93780 10420 3171 2854 317 156 140 16 1028800 1028800 MISC OPERATING EXPENSES 64288 2059 62229 60927258 60549452 199255 178551 2779736 736043 35657077 63379983 16687648 16716484 55124461 80832510 418677 426962 22500 38350000 53350000 2250000 8567521 41041177 62344483 X 14083284 18488027 14083284 18488027 55124461 80832510 3447639 957104 0 X 0 1 X 1 0 X X X 1 UNITED STATES FUND FOR UNICEF 131760110 7 1 63966277 0 1 63966277 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 RECOVERABLE GRANTS 8567521 8567521 X PART X, LINE 2: THE UNICEF USA IMPACT FUND FOR CHILDREN INC (IF4C) IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR UNITED STATES FUND FOR UNICEF AND AFFILIATES (USF). THE INCOME TAX FOOTNOTE FROM THE CONSOLIDATED FINANCIAL STATEMENTS STATES THE FOLLOWING: THE FUND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION AS DEFINED IN SECTION 509(A)(1) OF THE IRC. IF4C AND BF-GAC ARE ALSO EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC AND ARE CLASSIFIED AS PUBLICLY SUPPORTED ORGANIZATIONS AS DEFINED IN SECTION 509(A)(3) OF THE IRC. THE FUND, IF4C, AND THE BF-GAC ARE ALSO EXEMPT FROM STATE AND LOCAL INCOME TAXES AND QUALIFY FOR THE MAXIMUM CHARITABLE CONTRIBUTION DEDUCTION BY DONORS. USF RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. NO PROVISION FOR INCOME TAXES HAS BEEN MADE, AS USF HAS NOT REPORTED ANY TAXABLE UNRELATED BUSINESS INCOME, AND ANY UNRELATED BUSINESS INCOME IS OFFSET BY ASSOCIATED EXPENDITURES. USF EVALUATES, ON AN ANNUAL BASIS, THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS ON ITS CONSOLIDATED FINANCIAL STATEMENTS. AS OF JUNE 30 2021 AND 2020, USF HAS NOT IDENTIFIED OR PROVIDED FOR ANY SUCH POSITIONS. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING 2669617 EUROPE 0 0 GRANTMAKING 2363072 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING 13549083 SOUTH ASIA 0 0 GRANTMAKING 11501669 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 28395348 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 170871 0 0 0 0 0 0 58649660 0 58649660 CENTRAL AMERICA AND THE CARIBBEAN SEE PART VTO SUPPORT CHILD PROTECTION, CHILD SURVIVAL INCLUDING HEALTH AND NUTRITION, EDUCATION AND EMERGENCY PROGRAMS INCLUDING PROGRAMS HELPING TO PREVENT OVERWEIGHT, OBESITY AND DIET RELATED NON-COMMUNICABLE DISEASES OF CHILDREN, DISASTER RELIEF FUNDS PROVIDED IMMEDIATELY TO FAMILIES AND CHILDREN AFFECTED BY HURRICANE DORIAN, EARLY CHILDHOOD DEVELOPMENT (ECD) PROGRAMS TO ENSURE THE MOST VULNERABLE CHILDREN RECEIVE SUPPORT, HEALTH AND NURTURING CARE SERVICES, PROCUREMENT OF POLIO VACCINES TO CONTINUE PROGRESS TOWARDS GLOBAL POLIO ERADICATION, LIFESAVING PERSONAL PROTECTIVE EQUIPMENT (PPE) AND COVID-19 SUPPLIES, ACCELERATED FUNDING TO REACH APPROXIMATELY 45 MILLION CHILDREN FASTER WITH LIFESAVING VACCINES, REDUCING CHILD MORTALITY AND IMPROVING CHILDREN'S HEALTH. 2669617 WIRE NOT APPLICABLE NOT APPLICABLE EUROPE SEE PART VTO SUPPORT CHILD PROTECTION, CHILD SURVIVAL INCLUDING HEALTH AND NUTRITION, EDUCATION AND EMERGENCY PROGRAMS INCLUDING ESSENTIAL VACCINATION FOR INFANTS AGAINST PCV/ROTAVIRUS AND ADOLESCENTS AGAINST HPV, PROCUREMENT OF POLIO VACCINES TO CONTINUE PROGRESS TOWARDS GLOBAL POLIO ERADICATION, LIFESAVING PERSONAL PROTECTIVE EQUIPMENT (PPE) AND COVID-19 SUPPLIES. 2363072 WIRE NOT APPLICABLE NOT APPLICABLE MIDDLE EAST AND NORTH AFRICA SEE PART VTO SUPPORT CHILD PROTECTION, CHILD SURVIVAL INCLUDING HEALTH AND NUTRITION, EDUCATION AND EMERGENCY PROGRAMS INCLUDING ESSENTIAL VACCINATION FOR INFANTS AGAINST MEASLES AND RUBELLA, MATERNAL NEONATAL IMMUNIZATIONS TO HELP TETANUS AT CHILDBIRTH, PROCUREMENT OF POLIO VACCINES TO CONTINUE PROGRESS TOWARDS GLOBAL POLIO ERADICATION, LIFESAVING PERSONAL PROTECTIVE EQUIPMENT (PPE) AND COVID-19 SUPPLIES. 13549083 WIRE NOT APPLICABLE NOT APPLICABLE SOUTH ASIA SEE PART VTO SUPPORT CHILD PROTECTION, CHILD SURVIVAL INCLUDING HEALTH AND NUTRITION, EDUCATION AND EMERGENCY PROGRAMS INCLUDING ESSENTIAL VACCINATION FOR INFANTS AGAINST TUBERCULOSIS, POLIO, MEASLES AND TETANUS. PROCUREMENT OF POLIO VACCINES TO CONTINUE PROGRESS TOWARDS GLOBAL POLIO ERADICATION, LIFESAVING PERSONAL PROTECTIVE EQUIPMENT (PPE) AND COVID-19 SUPPLIES, DRILLING OF NEW AND REHABILITATION OF EXISTING BOREHOLES, COMMUNITY EMPOWERMENT, AND CAPACITY BUILDING TO SCALE UP ACCESS TO SAFE WATER. 11501669 WIRE NOT APPLICABLE NOT APPLICABLE SUB-SAHARAN AFRICA SEE PART VTO SUPPORT CHILD PROTECTION, CHILD SURVIVAL INCLUDING HEALTH AND NUTRITION, EDUCATION AND EMERGENCY PROGRAMS INCLUDING COVID-19 RESPONSE TO HELP COMMUNITIES LIMIT TRANSMISSION AND MITIGATE THE IMPACTS OF COVID-19 ON THE HEALTH SYSTEM, PROCUREMENT OF POLIO VACCINES TO CONTINUE PROGRESS TOWARDS GLOBAL POLIO ERADICATION, LIFESAVING PERSONAL PROTECTIVE EQUIPMENT (PPE) AND COVID-19 SUPPLIES, ACCELERATED FUNDING TO REACH APPROXIMATELY 45 MILLION CHILDREN FASTER WITH LIFESAVING VACCINES, REDUCING CHILD MORTALITY. 28395348 WIRE NOT APPLICABLE NOT APPLICABLE EAST ASIA AND THE PACIFIC SEE PART VTO SUPPORT A PROGRAM FOCUSED ON WOMEN'S AND GIRLS' EMPOWERMENT IN INDONESIA. 170871 WIRE NOT APPLICABLE NOT APPLICABLE 0 1 0 0 0 0 0 0 PART I, LINE 2: THE UNICEF USA IMPACT FUND FOR CHILDREN (IF4C) RELIES ON THE OPERATIONS OF ITS SUPPORTED ORGANIZATION, THE UNITED STATES FUND FOR UNICEF, FOR MONITORING OF GRANT EXPENSE. THIS INCLUDES REQUIRING THE GRANTEES TO SUBMIT REPORTS AND MILESTONES AS DEFINED IN THE GRANT AGREEMENT, AND BY REVIEWING SUCH REPORTS. GRANTEES ARE RESPONSIBLE FOR ENSURING THAT PROJECTS ARE EXECUTED IN ACCORDANCE WITH DEFINED TIMELINES AND MILESTONES AS SET FORTH IN THE GRANT. IN CERTAIN SITUATIONS, SITES VISITS ARE MADE TO ASCERTAIN COMPLIANCE TO GRANT AGREEMENTS. IN THE CASE OF OTHER PROGRAMS, AN ANNUAL MEETING OF THE GRANTEES IS HELD TO ASCERTAIN THAT THE PROGRAM AND PROJECTS ARE EXECUTED IN ACCORDANCE WITH THE DEFINED TIMELINES AND MILESTONES AS SET FORTH IN THE AGREEMENT AND ANY MODIFICATIONS, REVISIONS AND AMENDMENTS ARE EXECUTED AS NEEDED. PART III ACCOUNTING METHOD: 0 0 0 0 0 0 0 0 0 MICHAEL J NYENHUIS DIRECTOR 0 472881 0 0 0 20889 0 0 0 11390 0 505160 0 0 BRETT D ROBINSON TREASURER 0 367542 0 50000 0 509 0 26532 0 44175 0 488758 0 0 ANUCHA BROWNE ASST. SECRETARY 0 320865 0 0 0 1875 0 20304 0 47114 0 390158 0 0 CRISTINA SHAPIRO-ALSTER PRESIDENT/DIRECTOR 0 294601 0 30000 0 594 0 0 0 33959 0 359154 0 0 MICHELE WALSH ASST. SECRETARY (AS OF 10/2020) 0 208527 0 0 0 635 0 18424 0 51810 0 279396 0 0 ALPHA CONTEH ASSISTANT TREASURER 0 203675 0 0 0 533 0 0 0 33904 0 238112 0 0 RICHARD ESSERMAN FORMER OFFICER (UNTIL 1/2020) 0 30091 0 0 0 92663 0 2934 0 7570 0 133258 0 0 PART I, LINE 3 THE UNICEF USA IMPACT FUND FOR CHILDREN (IF4C) DOES NOT PAY ITS EMPLOYEES DIRECTLY. RATHER ALL COMPENSATION IS REPORTED AND PAID BY ITS SUPPORTED ORGANIZATION, UNITED STATES FUND FOR UNICEF (UUSA) AND THEN REIMBURSED BY IF4C. THE CHIEF EXECUTIVE OFFICER OF UUSA AND THE IF4C BOARD OF DIRECTORS HAVE THE RESPONSIBILITY AND AUTHORITY TO DETERMINE THE NATURE AND AMOUNT OF COMPENSATION TO BE INCLUDED IN THE PRESIDENT'S EMPLOYMENT AGREEMENT. DURING THE EMPLOYMENT AGREEMENT REVIEW PROCESS, A COMPARABILITY STUDY (THE "STUDY") IS CONDUCTED BY AN OUTSIDE EMPLOYEE COMPENSATION AND BENEFITS FIRM WHICH TAKES INTO CONSIDERATION PEER ORGANIZATIONS IN DETERMINING THE TOTAL COMPENSATION OF THE PRESIDENT TO INCLUDE SALARY, BENEFITS, AND INCENTIVES AS APPROPRIATE. ALSO, ON AN ANNUAL BASIS, A REVIEW OF THE PRESIDENT'S PERFORMANCE IS CONDUCTED UNDER A SIMILAR COMPARABLE PROCESS. FORM 990, PART III, LINE 4A THE UNICEF USA IMPACT FUND FOR CHILDREN OPERATES AND ADMINISTERS THE BRIDGE FUND. THE BRIDGE FUND FAST-TRACKS CRITICAL FUNDING TO THE FIELD TO ELIMINATE CASH GAPS AND PROVIDE UNINTERRUPTED AND EXPEDITED ACCESS TO CRITICAL PROGRAMS FOR CHILDREN. IT WAS CREATED SO THAT UNICEF CAN COMPLETE IMMUNIZATION CAMPAIGNS BEFORE CHILDREN CONTRACT DEADLY DISEASES, DELIVER DESKS THAT ARRIVE BEFORE SCHOOL STARTS, AND FAST-TRACK EMERGENCY RELIEF TO DESPERATE FAMILIES JUST DAYS AFTER A NATURAL DISASTER. IT DOES THIS BY ACCELERATING FUNDING FOR UNICEF DEVELOPMENT PROGRAMS, PROCUREMENT OF SUPPLIES, HUMANITARIAN EMERGENCY RESPONSE AND GROWING FUTURE FUNDRAISING REVENUE. IT HAS HISTORICALLY ON AVERAGE GOTTEN FUNDS TO THE FIELD 4 MONTHS SOONER THAN OTHERWISE WOULD HAVE BEEN AVAILABLE, WHICH HAS THE POWER TO SAVE OR IMPROVE LIVES BY ACCELERATING IMMUNIZATION CAMPAIGNS, PROVISION OF SAFE WATER, AND EDUCATION PROGRAMMING, AMONG OTHER BENEFITS. IMPACT HIGHLIGHTS FROM FY21 INCLUDE: $26.2 MILLION TO MAKE 250 MILLION ORAL POLIO VACCINE DOSES AVAILABLE TO MITIGATE OUTBREAKS, $10.0 MILLION ACCELERATED TO NIGERIA FOR COLD CHAIN EQUIPMENT TO ACCOMMODATE ROLLOUTS FOR COVID-19 VACCINES AND OTHER ESSENTIAL VACCINES, $1.3 MILLION IN DISASTER RELIEF FUNDS FOR CHILDREN AND THEIR FAMILIES FOLLOWING THE EXPLOSION IN BEIRUT, $6.3 MILLION ACCELERATED FOR OXYGEN CONCENTRATORS, DIAGNOSTIC TESTS, PPE AND HYGIENE KITS AFTER COVID-19 CASE SURGES IN INDIA. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION'S BY-LAWS WERE AMENDED IN OCTOBER 2020 WITH THE FOLLOWING SIGNIFICANT CHANGES: 1) A MAJORITY OF THE UNICEF USA IMPACT FUND FOR CHILDREN (IF4C) BOARD MEMBERS NO LONGER MUST ALSO BE MEMBERS OF THE UNITED STATES FUND FOR UNICEF (UUSA) BOARD. 2) POWERS OF THE EXECUTIVE, STANDING AND SPECIAL COMMITTEES OF THE BOARD HAVE BEEN LIMITED TO EXCLUDE ANY POWER OR AUTHORITY AS TO THE FOLLOWING: A) THE ELECTION AND REMOVAL OF OFFICERS OR DIRECTORS; B) THE APPROVAL OF A MERGER OR A PLAN OF DISSOLUTION; C) THE AUTHORIZATION OF ANY TRANSACTION FOR THE SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF IF4C; OR D) THE APPROVAL OF AMENDMENTS TO IF4C'S CERTIFICATE OF INCORPORATION. 3) EACH BOARD MEMBER IS NOW APPOINTED TO A TERM OF FOUR YEARS. THE BOARD MEMBERS ARE DIVIDED INTO FOUR CLASSES AS NEARLY EQUAL IN NUMBER AS POSSIBLE WITH THE TERM OF EACH CLASS TERMINATING IN STAGGERED TERMS AT THE END OF SUCCESSIVE FISCAL YEARS. A BOARD MEMBER MAY SERVE TWO CONSECUTIVE FOUR-YEAR TERMS AFTER WHICH A BOARD MEMBER WILL GO OFF THE BOARD FOR AT LEAST ONE YEAR; PROVIDED HOWEVER, SUCH TERM LIMITS SHALL NOT APPLY TO THE PRESIDENT OF IF4C AND THE PRESIDENT OF UUSA, IF HE OR SHE IS SERVING AS A BOARD MEMBER. FORM 990, PART VI, SECTION A, LINE 6 THE UNITED STATES FUND FOR UNICEF IS THE SOLE MEMBER OF THE UNICEF USA IMPACT FUND FOR CHILDREN INC. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER, UNITED STATES FUND FOR UNICEF, HAS THE POWER TO APPOINT THE BOARD OF DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER, UNITED STATES FUND FOR UNICEF (UUSA), HAS CERTAIN RESERVED POWERS INCLUDING THE RIGHT TO APPROVE (1) ANY AMENDMENT OF THE ORGANIZATION'S CERTIFICATE OF INCORPORATION OR BYLAWS; (2) THE OPERATION AND CAPITAL BUDGETS OF THE ORGANIZATION; (3) THE ORGANIZATION'S ADOPTION OF AN INVESTMENT AND SPENDING POLICY; (4) THE ISSUANCE OF ANY DEBT BY THE ORGANIZATION; AND (5) ANY FUNDAMENTAL CHANGES TO THE ORGANIZATION SUCH AS MERGER AND DISSOLUTION. AMONG THE ORGANIZATION'S RESERVED POWERS IS THE POWER TO SET THE NUMBER OF DIRECTORS AND APPOINT ALL DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE RETURN IS PREPARED BY STAFF, IT IS REVIEWED BY THE INTERIM CFO, CHIEF PEOPLE OFFICER AND CHIEF LEGAL OFFICER AND LEGAL COUNSEL AS WELL AS THE PRESIDENT OF THE UNICEF USA IMPACT FUND FOR CHILDREN (IF4C). THE IF4C PRESIDENT REVIEWS THE RETURN WITH THE CEO OF THE UNITED STATES FUND FOR UNICEF (UUSA) AND THE CHAIR OF THE UUSA AUDIT COMMITTEE. THE CHAIR THEN PRESENTS THE RETURN TO THE UUSA AUDIT COMMITTEE FOR REVIEW. AFTER THIS REVIEW IS COMPLETE, THE RETURN IS SHARED WITH BOTH THE IF4C AND UUSA BOARD MEMBERS. THE RETURN IS THEN FILED ELECTRONICALLY WITH THE IF4C PRESIDENT SIGNING THE RETURN. FORM 990 PREPARATION WAS ASSISTED BY KPMG LLP USING INFORMATION PROVIDED BY THE ORGANIZATION AND REVIEWED BY MANAGEMENT WITH OVERSIGHT RESPONSIBILITY PRIOR TO THE SUBMISSION TO THE GOVERNING BODY FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EVERY STAFF MEMBER OF THE ORGANIZATION IS REQUIRED ANNUALLY TO SIGN A FORM THAT ENSURES EVERYONE IS AWARE OF AND IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE PEOPLE & CULTURE DEPARTMENT COLLECTS THIS INFORMATION. IN ADDITION, EVERY BOARD MEMBER AND PRINCIPAL OFFICER ANNUALLY COMPLETES A CONFLICT OF INTEREST DISCLOSURE STATEMENT DISCLOSING THE FACTS RELATING TO ANY ACTUAL OR POTENTIAL FINANCIAL INTEREST OR STATING THAT HE OR SHE HAS NO REPORTABLE FINANCIAL INTEREST THAT WOULD CONSTITUTE A CONFLICT OR POTENTIAL CONFLICT OF INTEREST AND ACKNOWLEDGING THAT THEY REVIEWED, UNDERSTAND AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. THE ORGANIZATION HAS AN EXTENSIVE CONFLICT OF INTEREST POLICY THAT ESSENTIALLY REQUIRES ANY BOARD MEMBER OR PRINCIPAL OFFICERS WITH A CONFLICT OR POTENTIAL CONFLICT OF INTEREST TO DISCLOSE THE EXISTENCE AND ALL MATERIAL FACTS REGARDING ANY INTEREST IN A TRANSACTION OR MATTER BEING CONSIDERED BY THE BOARD OR A BOARD COMMITTEE AND TO RECUSE HIMSELF OR HERSELF FROM THE MEETING IN WHICH THE TRANSACTION OR MATTER IS DISCUSSED AND VOTED UPON. FORM 990, PART VI, SECTION B, LINE 15 THE UNICEF USA IMPACT FUND FOR CHILDREN (IF4C) DOES NOT PAY ITS EMPLOYEES DIRECTLY. RATHER, ALL COMPENSATION IS REPORTED AND PAID BY ITS SUPPORTED ORGANIZATION, UNITED STATES FUND FOR UNICEF (UUSA) AND THEN REIMBURSED BY IF4C. THE CHIEF EXECUTIVE OFFICER OF UUSA AND THE IF4C BOARD OF DIRECTORS HAVE THE RESPONSIBILITY AND AUTHORITY TO DETERMINE THE NATURE AND AMOUNT OF COMPENSATION TO BE INCLUDED IN THE PRESIDENT'S EMPLOYMENT AGREEMENT. DURING THE EMPLOYMENT AGREEMENT REVIEW PROCESS, A COMPARABILITY STUDY (THE "STUDY") IS CONDUCTED BY AN OUTSIDE EMPLOYEE COMPENSATION AND BENEFITS FIRM, WHICH TAKES INTO CONSIDERATION PEER ORGANIZATIONS IN DETERMINING THE TOTAL COMPENSATION OF THE PRESIDENT TO INCLUDE SALARY, BENEFITS, AND INCENTIVES AS APPROPRIATE. ALSO THE IF4C BOARD OF DIRECTORS SERVES AS A RESOURCE WITH RESPECT TO THE PRESIDENT'S COMPENSATION DECISIONS AND ACTIONS FOR OTHER IF4C OFFICERS AND KEY EMPLOYEES FOLLOWING A COMPARABLE REVIEW PROCESS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 1023 AND FORM 990 ARE AVAILABLE UPON REQUEST. THE ORGANIZATION'S FORMS 990 ARE POSTED ON THE ORGANIZATION'S WEBSITE AT WWW.UNICEFUSA.ORG AND ARE ALSO AVAILABLE ON GUIDESTAR AND CHARITY NAVIGATOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION GENERALLY DOES NOT MAKE AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY, HOWEVER, THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE AT WWW.UNICEFUSA.ORG FORM 990, PART IX EXPENSES - CERTAIN EXPENSES, INCLUDING SALARIES AND RELATED EMPLOYEE BENEFITS, ARE PAID BY THE ORGANIZATION'S RELATED ORGANIZATION, UNITED STATES FUND FOR UNICEF, AND THEN REIMBURSED BY UNICEF USA IMPACT FUND FOR CHILDREN. UNITED STATES FUND FOR UNICEF 125 MAIDEN LANE 10TH FLOOR NEW YORK NY 10038 131760110 SUPPORT PROGRAMS THROUGH FUNDRAISING NY 501(C)(3) LINE 7 N/A 0 BRIDGE FUND GRANT ASSISTANCE CORPORATION 125 MAIDEN LANE 10TH FLOOR NEW YORK NY 10038 460899842 RECEIVE CONTRIBUTIONS AND MAKE DISTRIBUTIONS NY 501(C)(3) LINE 7 US FUND FOR UNICEF 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0