2021-06-23T15:29:24-07:00 2020-06-30 990 2019-07-01 203287404 UNICEF USA Impact Fund for Children Inc UNIC 2126865522 125 Maiden Lane 10th Floor New York NY 10038 Brett D Robinson Treasurer 2126865522 2021-05-17 2019 2022-09-23 18:48:47Z Brett D Robinson 125 Maiden Lane 10th Floor New York NY 10038 62295013 0 X www.unicefusa.org/impact-fund-for-children X 2005 NY Page 1: The Impact Fund for Children is the impact investing entity of UNICEF USA. It exists to create innovative and impactful investment opportunities in service of vulnerable children worldwide. The Impact Fund for Children's largest offering is the Bridge Fund, which is a debt fund that provides critical, flexible capital to UNICEF, to enable faster delivery and a consistent flow of essential goods and programs for children in the developing world 6 5 0 0 0 0 58341749 61786862 0 0 661050 508151 0 0 59002799 62295013 57591749 60462073 0 0 0 0 0 0 214750 1445074 2028820 59036823 62490893 -34024 -195880 51004573 55124461 37061175 41041177 13943398 14083284 UNICEF USA works for the survival, protection and development of children worldwide through advocacy, education, and fundraising for UNICEF's work. The UNICEF USA Impact Fund for Children seeks to advance this mission through the creation of impactful investing strategies to help solve the biggest challenges facing children worldwide. Launched in 2011, the Bridge Fund, its largest offering accelerates lifesaving and critical funds to UNICEF that, among many purposes, ensures that it can complete immunization campaigns before childhood diseases cripple or kill, deliver desks that arrive before school starts, and fast-track emergency relief to desperate families just days after a natural disaster. 0 0 62127143 60462073 0 The Impact Fund for Children operates and administers the Bridge Fund on behalf of the UNICEF USA. The Bridge Fund provides financial resources to secure better pricing, faster delivery and a consistent flow of essential goods for children in the developing world by distributing critical, flexible capital to overcome traditional funding obstacles when purchasing urgently needed supplies that save children's lives. In FY20 the Bridge Fund accelerated $60.4 million, targeting 256 million children and individuals. Impact highlights include: * $17 million of COVID-19 supplies including PPE, diagnostic kits, and medical supplies accelerated to the field * 173 million polio vaccines prefinanced in continued fight to eradicate polio * Stockouts of essential vaccines, medicines and medical supplies prevented in Central African Republic and the Democratic Republic of the Congo * $1 million accelerated after Hurricane Dorian shortened UNICEF response time, including delivery of safe water to more than 9,500 children and families 0 0 0 NONE 0 0 0 NONE 0 0 0 62127143 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 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X X X Brett B Robinbson 9177201380 125 Maiden Lane 10th Floor New York NY 10038 Caryl M Stern President/CEO/Director (Until 1/2/20) 5 55 X X 0 902631 74535 Edward G Lloyd President (Until 1/2/20) 50 1 X 0 468466 72911 Brett D Robinson Treasurer 5 45 X 0 334250 51990 Anucha Browne Assistant Secretary 0 45 X 0 309704 71968 Richard Esserman Asst. Treasurer (Until 1/31/20) 5 45 X 0 299294 72780 Dolores R Gahan Director 2 5 X 0 0 0 Glen Baptist CFA Director 1 0 X 0 0 0 Shahriar Shahida Chairman/Director 2 1 X X 0 0 0 Peter Lamm Director (Until March 31, 2020) 1 5 X 0 0 0 Steve Eaton Director 1 0 X 0 0 0 John Hermann Jr Secretary 0 1 X 0 0 0 Michael Nyenhuis Director(5/20/20) 1 50 X 0 0 0 Alpha Conteh Asst. Treasurer (From 3/31/2020) 5 50 X 0 0 0 Cristina Shapiro President (from 3/31/2020) 50 0 X 0 0 0 0 2314345 344184 0 0 1 0 0 0 0 0 7011302 0 54775560 0 61786862 0 508151 0 0 508151 0 0 0 0 0 0 0 0 0 0 0 0 0 0 62295013 0 0 508151 0 0 0 0 60462073 60462073 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Programs related expenses including interest on Program Loans 1665070 1665070 0 0 Other Fundraising Expenses 214750 0 0 214750 Miscellaneous Operating Expenses 149000 0 149000 0 62490893 62127143 149000 214750 1659093 2779736 0 0 0 0 33503934 35657077 0 0 0 0 0 0 0 0 0 0 15841546 16687648 0 0 0 0 0 0 0 0 51004573 55124461 311175 418677 0 22500 0 0 0 0 0 0 0 0 0 0 36750000 38350000 0 2250000 37061175 41041177 X 13943398 14083284 0 0 13943398 14083284 51004573 55124461 -195880 335766 0 0 0 0 X 0 1 X 1 0 X X X 1 United States Fund for UNICEF 131760110 7 1 61786862 0 1 61786862 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Schedule A, Part I, Line 6 The United States Fund for UNICEF is the sole member of the UNICEF USA Impact fund for Children Inc Schedule A, Part I, Line 7 The sole member, United States Fund for UNICEF, has the power to appoint the Board of Directors of the organization. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Recoverable Grants 2250000 2250000 X 62630779 335766 0 0 0 335766 62295013 0 0 0 62295013 62490893 0 0 0 0 0 62490893 0 0 0 62490893 Schedule D, Part X, Line 2 The UNICEF USA Impact Fund for Children Inc (IF4C) is a supporting organization as defined in Section 509 (a)(3) of the IRC. The IF4C is also exempt from state and local income taxes and qualifies for the maximum charitable contribution by donors. IF4C 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 IF4C has not reported any taxable unrelated business income. IF4C evaluates, on an annual basis, the effects of any uncertain tax positions on its consolidated financial statements. As of June 30, 2020, IF4C has not identified or provided for any such positions. 1 Central America and the Caribbean 0 0 Grantmaking To 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 10341330 East Asia and the Pacific 0 0 Grantmaking To 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 5841275 Middle East and North Africa 0 0 Grantmaking To 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 10966275 South Asia 0 0 Grantmaking To support Child Protection, Child Survival including Health and Nutrition, Education and Emergency Programs including Essential vaccination for children 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. 16806696 Sub-Saharan Africa 0 0 Grantmaking To support Child Protection, Child Survival including Health and Nutrition, Education and Emergency Programs including Essential vaccination for children 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. 10772722 North America (including Canada and Mexico, but not the United States) 0 0 Grantmaking To support child protection, child survival, education and emergency programs including COVID-19 response in Mexico 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 5711275 0 0 60439573 Central America and the Caribbean TO SUPPORT CHILD PROTECTION, CHILD SURVIVAL, EDUCATION AND EMERGENCY PROGRAMS 10683099 WIRE 0 NOT APPLICABLE NOT APPLICABLE East Asia and the Pacific TO SUPPORT CHILD PROTECTION, CHILD SURVIVAL, EDUCATION AND EMERGENCY PROGRAMS 508713 WIRE 0 NOT APPLICABLE NOT APPLICABLE Middle East and North Africa TO SUPPORT CHILD PROTECTION, CHILD SURVIVAL, EDUCATION AND EMERGENCY PROGRAMS 3052279 WIRE 0 NOT APPLICABLE NOT APPLICABLE North America (including Canada and Mexico, but not the United States) TO SUPPORT CHILD PROTECTION, CHILD SURVIVAL, EDUCATION AND EMERGENCY PROGRAMS 214789 WIRE 0 NOT APPLICABLE NOT APPLICABLE South Asia TO SUPPORT CHILD PROTECTION, CHILD SURVIVAL, EDUCATION AND EMERGENCY PROGRAMS 25454516 WIRE 0 NOT APPLICABLE NOT APPLICABLE Sub-Saharan Africa TO SUPPORT CHILD PROTECTION, CHILD SURVIVAL, EDUCATION AND EMERGENCY PROGRAMS 20548677 WIRE 0 NOT APPLICABLE NOT APPLICABLE 0 1 0 0 0 0 0 0 Schedule F, Part I, Line 2 THE UNICEF USA IMPACT FOR CHILDREN INC MONITORS THE GRANTS BY REQUIRING THE GRANTEE TO SUBMIT REPORTS AND MILESTONES AS DEFINED IN THE GRANT AGREEMENT. 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 LIKE THE COUNTDOWN 2015, COUNTDOWN 2030 AND OTHER SIMILAR PROGRAMS , AN ANNUAL MEETING OF THE GRANTEES IS HELD TO ASCERTAIN THAT PROGRAMS 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. X X X X X X 0 0 0 0 0 0 0 0 0 Brett D Robinson Treasurer 0 334250 0 0 0 0 0 0 0 22197 0 356447 0 0 Anucha Browne Assistant Secretary 0 309704 0 0 0 0 0 43361 0 30388 0 383453 0 0 Richard Esserman Asst. Treasurer (Until 1/31/20) 0 238657 0 0 0 60537 0 43459 0 30674 0 373327 0 0 Edward G Lloyd President (Until 1/2/20) 0 443466 0 25000 0 0 0 50200 0 30824 0 549490 0 0 Alpha Conteh Asst. Treasurer (From 3/31/2020) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Michael Nyenhuis Director(5/20/20) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cristina Shapiro President (from 3/31/2020) 0 0 0 0 0 0 0 0 0 0 0 0 0 Schedule J, Part I, Line 3 THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF THE SUPPORTED ORGANIZATION HAS THE RESPONSIBILITY AND AUTHORITY TO DETERMINE THE NATURE AND AMOUNT OF COMPENSATION TO BE INCLUDED IN THE PRESIDENT'S CONTRACT. DURING THE CONTRACT PROCESS, A COMPARABILITY STUDY (THE "STUDY") IS CONDUCTED BY AN OUTSIDE EMPLOYEE COMPENSATION AND BENEFITS FIRM WHICH TAKES INTO CONSIDERATION COMPARABLE OTHER ORGANIZATIONS IN THE NEW YORK AREA IN DETERMINING THE TOTAL COMPENSATION OF THE PRESIDENT TO INCLUDE SALARY, BENEFITS AND INCENTIVES AS APPROPRIATE. ALSO, COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES ARE CONDUCTED UNDER A SIMILAR COMPARABLE PROCESS. Form 990, Part VI, Section A, Line 6 The United States Fund for UNICEF is the sole member of 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 (USF), 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 (5) any fundamental changes to the organization such as merger and dissolution. Among USF'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 CONTROLLER, VP OF FINANCE AND BUDGET & COO/CFO. ADDITIONALLY, A COPY OF THE RETURN IS SENT TO THE ORGANIZATION'S LEGAL COUNSEL FOR REVIEW. THE COO/CFO REVIEWS THE RETURN WITH THE CHAIR OF THE AUDIT COMMITTEE AND SHARES WITH THE MEMBERS OF THE BOARD PRIOR TO FILING. AFTER THE REVIEW PROCESS, THE RETURN IS FILED ELECTRONICALLY WITH THE COO/CFO SIGNING THE RETURN. Form 990, Part VI, Section B, Line 12c EVERY STAFF MEMBER OF THE USF AND AFFILIATE IS REQUIRED ANNUALLY TO SIGN A FORM THAT ENSURES EVERYONE IS AWARE OF AND IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE HUMAN RESOURCES 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 ACUTAL 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 USF AND ITS AFFILIATE 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 COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF THE SUPPORTED ORGANIZATION HAS THE RESPONSIBILITY AND AUTHORITY TO DETERMINE THE NATURE AND AMOUNT OF COMPENSATION TO BE INCLUDED IN THE PRESIDENT'S CONTRACT. DURING THE CONTRACT PROCESS, A COMPARABILITY STUDY (THE "STUDY") IS CONDUCTED BY AN OUTSIDE EMPLOYEE COMPENSATION AND BENEFITS FIRM WHICH TAKES INTO CONSIDERATION COMPARABLE OTHER ORGANIZATIONS IN THE NEW YORK AREA IN DETERMINING THE TOTAL COMPENSATION OF THE PRESIDENT TO INCLUDE SALARY, BENEFITS AND INCENTIVES AS APPROPRIATE. ALSO, COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES ARE CONDUCTED UNDER A SIMILAR COMPARABLE 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 IN THE ORGANIZATION'S WEBSITE @ WWW.UNINCEFUSA.ORG AND ARE ALSO AVAILABLE IN 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 AVIALABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE POSTED IN THE ORGANIZATION'S WEBSITE AT WWW.UNICEFUSA.ORG UNITED STATES FUND FOR UNICEF 125 Maiden Lane 10th Floor New York NY 10038 131760110 Support programs through fundraising, advocacy and education that save children's lives NY 501 (C) (3) Line 7 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 UNITED STATES FUND FOR UNICEF c 228289 Cash Contribution for Net Worth UNITED STATES FUND FOR UNICEF p 1119000 Reimbursements of expenses paid by USF on behalf of UNICEF USA Impact Fund for Children Inc UNITED STATES FUND FOR UNICEF s 5664013 Payment of the supported organization in support of UNICEF USA Impact Fund for Children Inc bridge fund transactions Approved Extension on File