2022-10-18T18:57:15-05:00 2022-06-30 111986323 MARCUM LLP 1899 L STREET NW SUITE 850 WASHINGTON DC 20036 990 2021-07-01 421559999 WORLD BANK COMMUNITY CONNECTIONS FUND WORL 2024733030 1818 H STREET NW MSN MC-9-912 WASHINGTON DC 20433 LINDSEY BUSS EXECUTIVE OFFICER 2024733030 2022-10-18 1 LINDSEY BUSS 999009999 AARON M FOX P01365820 2022274000 2022-10-18 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z LINDSEY BUSS 1818 H STREET NW MSN MC-9-912 WASHINGTON DC 20433 578291 0 X N/A X 2002 DE WBCCF GENERAL FUND AWARDS CONTRIBUTIONS TO NONPROFITS SERVING NEEDY COMMUNITIES IN DC REGION. 10 10 0 100 0 0 767579 576489 0 0 1712 1802 0 0 769291 578291 595978 510200 0 0 0 0 0 0 0 40390 40727 636368 550927 132923 27364 629286 581650 375600 300600 253686 281050 TO PROVIDE THE WORLD BANK GROUP EMPLOYEES AND RETIREES WITH AN OPPORTUNITY TO SUPPORT NONPROFIT ORGANIZATIONS THAT WORK TO IMPROVE THE QUALITY OF LIFE OF PEOPLE AND COMMUNITIES. 0 0 510200 510200 THE PRIMARY FINANCIAL ACTIVITY OF THE WORLD BANK COMMUNITY CONNECTIONS FUND (WBCCF) IN FISCAL YEAR 2022 WAS THE ALLOCATION OF FUNDS DESIGNATED TO ITS WBCCF GENERAL FUND VIA THE WORLD BANK GROUP'S ANNUAL WORKPLACE GIVING PROGRAM - THE COMMUNITY CONNECTIONS CAMPAIGN (CCC). THE WBCCF BOARD OF DIRECTORS AWARDED A TOTAL OF $500,000 IN SPECIAL GRANTS TO SIX NONPROFIT ORGANIZATIONS ON THE CCC LIST, WHICH ARE PUBLIC CHARITIES EXEMPT UNDER IRS SECTION 501(C)(3). WBCCF DID NOT DERIVE ANY REVENUE SUCH AS FEES FOR SERVICES OR SALES OF GOODS DIRECTLY FROM THIS ACTIVITY. 510200 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X LINDSEY BUSS 2024733030 1818 H STREET NW MSN MC-9-912 WASHINGTON DC 20433 X LINDSEY BUSS EXECUTIVE OFFICER 10.00 X 0 0 0 CLARE EVANS PRESIDENT 3.00 X X 0 0 0 GAIL DAVENPORT SECRETARY 2.00 X X 0 0 0 SHEILA REDZEPI TREASURER 2.00 X X 0 0 0 MERLI BAROUDI BOARD MEMBER 1.00 X 0 0 0 ANIS DANI BOARD MEMBER 1.00 X 0 0 0 TALIB ESMAIL BOARD MEMBER 1.00 X 0 0 0 CLAY LIN BOARD MEMBER 1.00 X 0 0 0 MARDELL MOFFET BOARD MEMBER 1.00 X 0 0 0 EMMANUEL NYIRINKINDI BOARD MEMBER 1.00 X 0 0 0 ALYOSIUS ORDU BOARD MEMBER 1.00 X 0 0 0 INDER SUD BOARD MEMBER - UNTIL 10/2021 1.00 X 0 0 0 0 0 0 0 0 0 0 0 324912 251577 576489 1802 1802 578291 0 0 1802 510200 510200 20800 20800 1113 1113 120 120 1257 1257 DUES & INVOICES 15080 15080 MERCHANT FEES 1356 1356 LICENSES, FEES & TAXES 1001 1001 550927 510200 40727 0 612711 569365 16575 12285 629286 581650 600 600 375000 300000 375600 300600 X 208686 236050 45000 45000 253686 281050 629286 581650 27364 0 X X 0 1 X 1 0 X 7720674 8210228 887387 767579 576489 18162357 7720674 8210228 887387 767579 576489 18162357 18162357 8658 16667 9097 1712 1802 37936 18200293 0.99790 0.99830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 757676 179385 179385 578291 0 578291 730312 179385 179385 550927 0 550927 PART X, LINE 2: WBCCF PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED JUNE 30, 2022, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. 1 CASA 8151 15TH AVENUE LANGLEY PARK MD 20783 521372972 501(C)(3) 150000 0 TO SUPPORT ORGANIZATION'S OVERALL CHARITABLE MISSION VIA ITS CAPITAL CAMPAIGN. GOOD SHEPHERD HOUSING & FAMILY SERVICES 8305 RICHMOND HIGHWAY SUITE 17B ALEXANDRIA VA 22309 237447962 501(C)(3) 100000 0 TO SUPPORT ORGANIZATION'S OVERALL CHARITABLE MISSION VIA ITS CAPITAL CAMPAIGN. HORTON'S KIDS 400 VIRGINIA AVENUE SW SUITE C-130 WASHINGTON DC 20024 521755403 501(C)(3) 100000 0 TO SUPPORT ORGANIZATION'S OVERALL CHARITABLE MISSION VIA ITS CAPITAL CAMPAIGN. JUBILEE JOBS 2712 ONTARIO ROAD NW WASHINGTON DC 20009 521248559 501(C)(3) 50000 0 TO SUPPORT ORGANIZATION'S OVERALL CHARITABLE MISSION RELATED TO WORKFORCE DEVELOPMENT. LA COCINA VA 918 SOUTH LINCOLN STREET SUITE 2 ARLINGTON VA 22204 462037695 501(C)(3) 50000 0 TO SUPPORT ORGANIZATION'S OVERALL CHARITABLE MISSION RELATED TO WORKFORCE DEVELOPMENT. NEW FUTURES 609 H STREET NE SUITE 500 WASHINGTON DC 20002 522180378 501(C)(3) 50000 0 TO SUPPORT ORGANIZATION'S OVERALL CHARITABLE MISSION RELATED TO WORKFORCE DEVELOPMENT. 6 0 PART I, LINE 2: WBCCF AWARDS SPECIAL CHARITABLE CONTRIBUTIONS AND SPECIAL GRANTS TO ELIGIBLE 501(C)(3) NONPROFIT ORGANIZATIONS THAT ARE SERVING THE MOST NEEDY COMMUNITIES IN THE WASHINGTON, DC METROPOLITAN REGION FROM ITS WBCCF GENERAL FUND. GENERALLY, ALTHOUGH NOT EXCLUSIVELY, THE NONPROFIT ORGANIZATIONS ARE PARTICIPANTS IN THE WORLD BANK GROUP'S ANNUAL COMMUNITY CONNECTIONS CAMPAIGN, WHICH RAISES DONATIONS FROM WORLD BANK GROUP STAFF AND RETIREES TO SUPPORT THEIR OVERALL CHARITABLE MISSIONS. CAMPAIGN ORGANIZATIONS ARE NOMINATED BY BANK GROUP EMPLOYEES AND RETIREES THEMSELVES. THE WBCCF BOARD OF DIRECTORS ANNUALLY REVIEWS AND SETS THE CAMPAIGN ORGANIZATION CRITERIA, AND WORLD BANK GROUP COMMUNITY OUTREACH STAFF MAINTAIN A SYSTEM OF DUE DILIGENCE TO ENSURE THAT ORGANIZATIONS CONTINUE TO MEET THOSE CRITERIA. ALLOCATIONS OF SPECIAL CHARITABLE CONTRIBUTIONS FROM THE WBCCF GENERAL FUND MAY BE AWARDED BY THE WBCCF BOARD OF DIRECTORS IN RECOGNITION OF THE ORGANIZATIONS' OVERALL CHARITABLE MISSIONS. SPECIAL GRANTS TO SUPPORT ORGANIZATIONS' SPECIFIC PROGRAM/PROJECT PURPOSES MAY ALSO BE AWARDED, THE TERMS OF WHICH ARE SET OUT IN A SIGNED GRANT AGREEMENT BETWEEN WBCCF AND THE NONPROFIT ORGANIZATION. IN THESE LATTER CASES, WBCCF REQUIRES A FINAL REPORT FROM GRANTEES ON THE OUTCOMES AND THE ACTIVITIES FOR WHICH GRANT ASSISTANCE WAS APPROVED, INCLUDING A FINANCIAL ACCOUNTING OF THE USE OF THE GRANT FUNDS. FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS PREPARED BY OUTSIDE ACCOUNTANTS. VOLUNTEER STAFF OF WBCCF REVIEWS THE DRAFT FORM 990 WITH THE BOARD OF DIRECTOR'S AUDIT COMMITTEE. A COPY OF THE FINAL DRAFT FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND VOLUNTEER STAFF OF WBCCF CERTIFY ANNUALLY ANY POTENTIAL CONFLICTS OF INTEREST BY SIGNING A CONFLICT OF INTEREST DISCLOSURE STATEMENT. DIRECTORS AND VOLUNTEER STAFF ARE OTHERWISE RESPONSIBLE FOR INFORMING THE BOARD OF DIRECTORS OF ANY OTHER POTENTIAL FOR CONFLICT THAT MIGHT ARISE DURING THE COURSE OF THE YEAR. SHOULD A POTENTIAL CONFLICT OF INTEREST ARISE IN A TRANSACTION OF THE BOARD OF DIRECTORS OR A COMMITTEE THEREOF, UPON FIRST KNOWLEDGE, THE INTERESTED PERSON IS REQUIRED TO DISCLOSE THE EXISTENCE AND NATURE OF HIS/HER INVOLVEMENT IN SUCH TRANSACTION AS SOON AS POSSIBLE OR PRACTICAL. UPON DISCLOSURE, THE INTERESTED PERSON MAY NOT PARTICIPATE IN CONSIDERATION OF THE TRANSACTION, EXCEPT TO ANSWER QUESTIONS PRIOR TO ITS CONSIDERATION, AND DOES NOT VOTE ON THE TRANSACTION. THE BOARD OF DIRECTORS OR COMMITTEE THEN DETERMINES WHETHER THE TRANSACTION OR ARRANGEMENT IS STILL IN WBCCF'S BEST INTERESTS. THE MINUTES OF THE BOARD OF DIRECTORS OR COMMITTEE CONSIDERING THE TRANSACTION INVOLVING AN INTERESTED PERSON CONTAIN: THE NAME OF THE INTERESTED PERSON WHO DISCLOSED A POTENTIAL CONFLICT OF INTEREST; THE NATURE OF THE INTEREST IN THE TRANSACTION; A RECORD OF ANY DETERMINATION AS TO WHETHER THE TRANSACTION WAS IN THE BEST INTEREST OF WBCCF, ALONG WITH THE SPECIFIC REASONS SUPPORTING SUCH A DETERMINATION; AND THE NAMES OF THE PERSONS WHO WERE PRESENT FOR THE DISCUSSIONS ON THE TRANSACTION. IF ANY BOARD OF DIRECTORS, COMMITTEE, OR VOLUNTEER STAFF HAS CAUSE TO BELIEVE THAT AN INTERESTED PERSON HAS NOT DISCLOSED AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST, HE/SHE INFORMS THE INTERESTED PERSON OF SUCH A BELIEF AND GIVES HIM/HER A CHANCE TO EXPLAIN THAT ALLEGED FAILURE TO DISCLOSE. IF, UPON FURTHER INVESTIGATION, IT IS DETERMINED THAT THE INTERESTED PERSON HAS FAILED TO DISCLOSE, THE PRESIDENT OF THE BOARD OF DIRECTORS IS INFORMED IMMEDIATELY, AND THE BOARD OF DIRECTORS TAKES APPROPRIATE DISCIPLINARY OR CORRECTIVE ACTION, INCLUDING POSSIBLY RECONSIDERING WHETHER THE TRANSACTION REMAINS IN THE BEST INTEREST OF WBCCF AND/OR RECOMMENDING REMOVAL OF THE INTERESTED PERSON FROM THE BOARD OF DIRECTORS OR COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 WBCCF DOES NOT HAVE ANY COMPENSATED OFFICERS, DIRECTORS, TRUSTEES, OR EMPLOYEES. APPROPRIATE POLICIES WOULD BE EMPLOYED IN THE EVENT OF HIRING ANY EMPLOYEES OR PROVIDING COMPENSATION TO OFFICERS, DIRECTORS, TRUSTEES, OR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 WBCCF MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND WHISTLEBLOWER POLICIES AVAILABLE TO THE PUBLIC UPON REQUEST. WBCCF POSTS ITS AUDITED FINANCIAL STATEMENTS, FEDERAL FORM 990 AND A NARRATIVE ANNUAL REPORT ON THE WEBSITE OF THE WORLD BANK GROUP'S COMMUNITY OUTREACH PROGRAM, AND ALSO MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES FROM THE PRIOR YEAR.