BETA

ZUAZO FAMILY FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
ZUAZO FAMILY FOUNDATION (EIN 20-5990981)
Tax period
2019-11-01 to 2020-10-31
Filed
2021-07-15
IRS object ID
202141969349100614
Schema version
2019v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-07-15T11:38:51-05:00ReturnTs
Tax Period End2020-10-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN341897225PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HILL BARTH & KING LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1525 OKEECHOBEE BLVD SUITE 1140AddressLine1Txt
CityWEST PALM BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33401ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN205990981EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ZUAZO FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlZUAZBusinessNameControlTxt
Phone3024729260PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11007 ORANGE ST NEMOURS BLDG NO 14AddressLine1Txt
CityWILMINGTONCityNm
State AbbreviationDEStateAbbreviationCd
ZIP19801ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonVANESSA ZUAZOPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3024729260PhoneNum
Signature2021-07-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTOPHER J BYRNEPreparerPersonNm
PTINP00396471PTIN
Phone5614695492PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$185,756FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$522InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$522InterestOnSavNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$522TotalRevAndExpnssAmt
Total Net Invst Incm$522TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Taxes Rev And Expnss$61TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$25TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$2,779OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$2,779OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$2,840TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$2,804TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$30,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$30,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$32,840TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$32,804TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$32,318ExcessRevenueOverExpensesAmt
Net Investment Income$522NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$247,616CashBOYAmt
Cash EOY$185,298CashEOYAmt
Cash EOYFMV$185,298CashEOYFMVAmt
Prepaid Expenses BOY$458PrepaidExpensesBOYAmt
Prepaid Expenses EOY$458PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$458PrepaidExpensesEOYFMVAmt
Total Assets BOY$248,074TotalAssetsBOYAmt
Total Assets EOY$185,756TotalAssetsEOYAmt
Total Assets EOYFMV$185,756TotalAssetsEOYFMVAmt
Grants Payable BOY$30,000GrantsPayableBOYAmt
Total Liabilities BOY$30,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$700,822CapitalStockBOYAmt
Capital Stock EOY$700,822CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY-$482,748RetainedEarningBOYAmt
Retained Earning EOY-$515,066RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$218,074TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$185,756TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$248,074TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$185,756TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$218,074TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$32,318ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$185,756SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$185,756TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$32,769AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$242,509NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.135125DistributionYr1Rt
Adjusted Qlfy Distri Yr2$30,000AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$279,126NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.107478DistributionYr2Rt
Adjusted Qlfy Distri Yr3$30,997AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$340,112NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.091138DistributionYr3Rt
Adjusted Qlfy Distri Yr4$30,507AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$424,840NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.071808DistributionYr4Rt
Adjusted Qlfy Distri Yr5$30,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$470,053NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.063823DistributionYr5Rt
Total Distribution0.469372TotalDistributionRt
Average Distribution0.093874AverageDistributionRt
Net Vl Noncharitable Assets$212,632NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$19,961AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$5NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$19,966AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$32,804QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$5InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$5SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$5TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Tax Due$5TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateDEOrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen0Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp Rqr0ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksHBK CPAS CONSULTANTSIndividualWithBooksNm
Phone5614695492PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1525 OKEECHOBEE BLVD CITYPLACE TOWERAddressLine1Txt
Address Line2SUITE 1140AddressLine2Txt
CityWEST PALM BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33401ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
VANESSA ZUAZO
CASILLA 7816LA PAZBLPRESIDENT0.00$0$0$0
DARKO I ZUAZO
CASILLA 7816LA PAZBLVICE PRESIDENT0.00$0$0$0
CARLA A ZUAZO
CASILLA 7816LA PAZBLTREASURER0.00$0$0$0
NATALIA A ZUAZO
CASILLA 7816LA PAZBLVICE TREASURER0.00$0$0$0
MARIA EUGENIA DE UGALDE
CASILLA 7816LA PAZBLSECRETARY0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$215,870AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$215,870TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$215,870AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$3,238CashDeemedCharitableAmt
Net Vl Noncharitable Assets$212,632NetVlNoncharitableAssetsAmt
Minimum Investment Return$10,632MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$10,632MinimumInvestmentReturnAmt
Tax Based On Investment Income$5TaxBasedOnInvestmentIncomeAmt
Total Tax$5TotalTaxAmt
Distributable Before Adj$10,627DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$10,627DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$10,627DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$32,804ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$32,804QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$5PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$32,799AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$10,627DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$6,497ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$10,251ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$13,997ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$16,044ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$20,716ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$67,505TotalExcessDistributionCyovAmt
Qualifying Distributions$32,804QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$10,627AppliedToCurrentYearAmt
Remaining Distri From Corpus$22,177RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$89,682TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$6,497ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$83,185ExcessDistriCyovToNextYrAmt
Excess From Year4$10,251ExcessFromYear4Amt
Excess From Year3$13,997ExcessFromYear3Amt
Excess From Year2$16,044ExcessFromYear2Amt
Excess From Year1$20,716ExcessFromYear1Amt
Excess From Current Year$22,177ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmProvince Or StateRecipientForeignAddress/ProvinceOrStateNmCountryRecipientForeignAddress/CountryCdForeign PostalRecipientForeignAddress/ForeignPostalCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
FUNDACION ARCO IRIS
CALLE CAPITAN ECHEVERRIA 265ZONA SAN SEBASTIANLA PAZBL10000NONEN/ASUPPORT FOR FOOD TO CHILDREN AND TEENAGERS FROM THE STREETS. SEE CHARITABLE STATEMENT #1 ATTACHED.$22,000
FUNDACION ARCO IRIS
CALLE CAPITAN ECHEVERRIA 265ZONA SAN SEBASTIANLA PAZBL10000NONEN/AHELPING EXTREMELY POOR FAMILIES. SEE CHARITABLE STATEMENT #2 ATTACHED.$8,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$30,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$522ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$522ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$522TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt

FieldValueIRS element (for citing)
ExplanationZUAZO FAMILY FOUNDATION IS A NON-PROFIT PRIVATE FOUNDATION IN WHICH IT DOES NOT CONDUCT ACTIVITIES IN THE STATE OF DELAWARE, THUS IT IS NOT REQUIRED TO FILE A COPY OF FEDERAL FORM 990 PF WITH THE DELAWARE ATTORNEY GENERAL.ExplanationTxt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

IdentifierIdentifierTxtForm And Line ReferenceFormAndLineReferenceDescMedium ExplanationMediumExplanationTxt
CONTRIBUTION STATEMENT #1FORM 990-PF, PAGE 11, PART XVEXPENDITURE RESPONSIBILITY STATEMENT: PURSUANT TO IRC REGULATION SECTION 53.4945-5(D)(2), ZUAZO FAMILY FOUNDATION PROVIDES THE FOLLOWING INFORMATION:(I) GRANTEE: FUNDACION ARCO IRIS (OR FAI / RAINBOW FOUNDATION)(II) AMOUNT OF GRANT: OCTOBER 15, 2020 - $US 22,000 FOR PROJECT: SUPPORT FOR FOOD TO CHILDREN AND TEENAGERS FROM THE STREETS(III) PURPOSE OF GRANT: IT'S RELATED TO HELPING CHILDREN, MOST OF THESE CHILDREN ARE ORPHANS, ADANDONED OR ESCAPED FROM FAMILY VIOLENCE AND MISTREATMENT. SOME OF THEM WORK, BUT THEY STILL NEED FACILITIES LIKE FOOD AND A PLACE TO STAY IN THEIR SPARE TIME BEACUSE THE MONEY THEY MAKE A DAY IS NOT ENOUGHT O LIVE BY THEMSELVES. IN ORDER TO SURVIVE, SOME OF THEM BECOME THIEVES AND PROSTITUTES, AND FREQUENTLY THEY CONSUME ALCOHOL AND DRUGS, THESE ARE EXACTLY THE CONSEQUENCES THE FOUNDATION IS TRYING TO PREVENT.THE PROJECT HELPS 128 CHILDREN AND ADOLESCENTS WITH DAILY MEALS, FEEDING THEM FOR 240 SCHEDULED DAYS A YEAR. IN ORDER TO DO THIS, THE PURCHASE OF FOOD AND SUPPLEMENTS IS NECESSARY. IN THIS WAY IT WILL BE POSSIBLE TO MEET THE TARGET SET FOR THE YEAR 2021. THE MISSION OF THE FOUNDATION ARCO IRIS IS NOT JUST TO FEED THESE CHILDREN, PLUS PROVIDE UNCONDITIONAL ACCEPTANCE AND LOVE, LOOKING FOR IMPROVEMENT. THUS, CHILDREN PARTICIPATE IN THE OCCUPATIONAL THERAPY WORKSHOP WHERE CHILDREN LEARN CARPENTRY OR WOOD CARVING. THE FOUNDATION ALSO PROVIDES SUPPORT COURSES, MUSIC WORKSHOPS AND SPORTS ACTIVITIES. CHILDREN ARE ALSO ENTITLED TO GO TO MEDICAL AND PSYCHOLOGICAL CLINICS, AND TO HAVE SOCIAL AND LEGAL SUPPORT.(IV) & (VI) REPORTS: FUNDACION ARCO IRIS SUBMITS FULL AND COMPLETE REPORTS OF ITS EXPENDITURE OF ZUAZO FAMILY FOUNDATION'S GRANTS. THESE REPORTS SHOW THAT THE GRANTS ARE PROPERLY DEVOTED EXCLUSIVELY FOR CHARITABLE PURPOSES.(V) DIVERSIONS: TO THE KNOWLEDGE OF THE ZUAZO FAMILY FOUNDATION, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE GRANT WAS ORIGINALLY MADE.(VII) VERIFICATION: ALTHOUGH THE ZUAZO FAMILY FOUNDATION BELIEVES IN THE ACCURACY AND RELIABILITY OF THE REPORTS FROM THE GRANTEE, IT VERIFIES IN DEPTH THE CORRECT ALLOCATION AND APPLICATION OF THE FUNDS THAT WERE DISTRIBUTED.
CHARITABLE STATEMENT #2FORM 990-PF, PAGE 11, PART XVEXPENDITURE RESPONSIBILITY STATEMENT: PURSUANT TO IRC REGULATION SECTION 53.4945-5(D)(2), ZUAZO FAMILY FOUNDATION PROVIDES THE FOLLOWING INFORMATION:(I) GRANTEE: FUNDACION ARCO IRIS (OR FAI / RAINBOW FOUNDATION)(II) AMOUNT OF GRANT: OCTOBER 15, 2020 - $US 8,000 FOR PROJECT: HELPING EXTREMELY POOR FAMILIES(III) PURPOSE OF GRANT: THIS PROJECT IS TARGETED TO HELP FAMILIES, WHICH HAVE ADAPTED PARKS, UNDER BRIDGES, CEMETERIES AND GARBAGE DISPOSAL SITES INTO LIVING PLACES. THEY SUFFER EXTREME POVERTY, SO, THE DONATION WILL SUPPORT A NUMBER OF FAMILIES DURING ONE YEAR. AFTER THIS, THEY SHOULD HAVE RAISED CONSCIOUSNESS ABOUT THE MOST CONVENIENT WAY OF LIVING. THE PROJECT AIMS TO PROVIDE SUPPORT TO 16 FAMILIES IN EXTREME POVERTY. THIS ASSISTANCE CONSISTS OF FOOD, RENT (WHEN NECESSARY), SCHOOL SUPPLIES (INCLUDING PURCHASE OF BOOKS, SCHOOL UNIFORMS AND STATIONERY FOR USE OF SCHOOL CHILDREN). IT ALSO REQUIRES THE HIRING OF A SOCIAL WORKER WHO SUPPORTS AND DOES FOLLOW-UP ON THE FAMILIES, OPERATING EXPENSES AND OFFICE STAFF. THIS WAY MAY MAKE DEASIBLE THE GOAL OF HELPING FAMILIES COPE WITH A DESIRE TO PROGRESS. IN PARALLEL, THE PURPOSE IS TO GUIDE EACH FAMILY TO GENERATE ECONOMIC RESOURCES AND IMPROVE LIVING CONDITIONS; THIS IS ACHIEVED BY PROVIDING A SMALL LOAN TO START SMALL BUSINESSES, ENCOURAGING LABOR INITIATIVES.(IV) & (VI) REPORTS: FUNDACION ARCO IRIS SUBMITS FULL AND COMPLETE REPORTS OF ITS EXPENDITURE OF ZUAZO FAMILY FOUNDATION'S GRANTS. THESE REPORTS SHOW THAT THE GRANTS ARE PROPERLY DEVOTED EXCLUSIVELY FOR CHARITABLE PURPOSES.(V) DIVERSIONS: TO THE KNOWLEDGE OF THE ZUAZO FAMILY FOUNDATION, NO FUNDS HAVE BEEN DIVERTED TO ANY ACTIVITY OTHER THAN THE ACTIVITY FOR WHICH THE GRANT WAS ORIGINALLY MADE.(VII) VERIFICATION: ALTHOUGH THE ZUAZO FAMILY FOUNDATION BELIEVES IN THE ACCURACY AND RELIABILITY OF THE REPORTS FROM THE GRANTEE, IT VERIFIES IN DEPTH THE CORRECT ALLOCATION AND APPLICATION OF THE FUNDS THAT WERE DISTRIBUTED.

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ANNUAL SUBLEASE$2,742$0$2,742
ELECTRONIC IMAGE REPRODUCTION$37$0$37

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
STATE OF DELAWARE FRANCHISE TAX$25$0$25
EXCISE TAX - 990-PF$36$0$0

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