2020-07-07T11:33:16-05:00 2019-12-31 113518842 MARKS PANETH LLP 685 THIRD AVENUE NEW YORK NY 10017 990 2019-01-01 132735359 VELLORE CHRISTIAN MEDICAL COLLEGE FOUNDATION INC VELL 2128702640 475 RIVERSIDE DRIVE NO 725 NEW YORK NY 10115 BINU VARUGHESE TREASURER 2128702640 2020-06-29 1 MAGDALENA M CZERNIAWSKI P00535099 2125038800 2020-06-29 100.1.21.12 2020-06-29 07:26:38 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 E99CEA45C307B5E011B655275064C3D25F8033D4 2019 2020-11-06 18:47:13Z BINU VARUGHESE 475 RIVERSIDE DRIVE NO 725 NEW YORK NY 10115 3862902 0 X WWW.VELLORECMC.ORG X 1948 NY THE FOUNDATION RAISES FUNDS AND PROVIDES SUPPORT FOR PROGRAMS, HIGHER EDUCATION, AND MEDICAL RESEARCH AT THE CHRISTIAN MEDICAL COLLEGE ("CMC") IN VELLORE, INDIA. 26 26 4 26 0 0 855858 2293677 0 0 142277 242075 -18928 403 979207 2536155 544268 982601 0 0 178786 410270 0 0 114315 272042 241042 995096 1633913 -15889 902242 6986851 8921872 174384 188418 6812467 8733454 X THE FOUNDATION'S MISSION IS TO PROVIDE A FOCUS FOR EXCELLENCE AND INTEGRITY AT CHRISTIAN MEDICAL COLLEGE IN VELLORE, INDIA, THROUGH PARTICIPATION IN AND CONTINUING SUPPORT OF CMC'S DRIVE TO MAINTAIN EXCELLENCE. WE DO THIS BY HONORING IDA SCUDDER, THE PERSON AND HER WORK, ENCOURAGING AND SUPPORTING RESEARCH ACTIVITY OF THE HIGHEST QUALITY DRIVEN BY HONESTY AND HIGH ETHICAL STANDARDS, DIRECTIONAL FOCUS AND TRANSLATIONAL IMPACT, PROMOTING THE PROFESSIONAL DEVELOPMENT OF CMC WITH A FOCUS ON THE QUALITY, DELIVERY, AND SAFETY OF HEALTH CARE. 0 0 1277662 982601 403 THE VELLORE CMC FOUNDATION IS THE FACE OF THE CMC HOSPITAL AND MEDICAL SCHOOL IN VELLORE, INDIA. IT RAISES FUNDS FOR ADVANCED MEDICAL EDUCATION AND RESEARCH; SUPPORTS CAPITAL PROJECTS; ASSISTS CMC ALUMNI AND US STUDENTS VISITING VELLORE; AND FURTHERS AWARENESS OF THE FOUNDER DR. IDA S. SCUDDER'S LIFE WORK AND ETHOS. 1277662 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 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 0 0 0 0 1 7 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 26 26 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 NY AL CA CO CT FL HI KS KY ME MD MA MI MN MS NH NJ ND OH OK OR PA SC TN UT VA WA DC WV WI X PATRICIA CARROLL FINANCE MANAGER 2128702642 475 RIVERSIDE DRIVE - SUITE 725 NEW YORK NY 10115 ALBERT JOHNSON MD DIRECTOR 1.00 X 0 0 0 ANITA RAJA PHD DIRECTOR 1.00 X 0 0 0 BINU VARUGHESE TREASURER 2.00 X X 0 0 0 BOBBY CHERAYIL MD DIRECTOR (OUTGOING) 1.00 X 0 0 0 CEPHAS SWAMIDOSS MD DIRECTOR 1.00 X 0 0 0 CHRISTIE THOMAS MD DIRECTOR 1.00 X 0 0 0 CHRISTINE WANKE MD DIRECTOR 1.00 X 0 0 0 DAVID REINES MD SECRETARY 2.00 X X 0 0 0 EMMA KOSHI DIRECTOR (OUTGOING) 1.00 X 0 0 0 GEORGE VARUGHESE DIRECTOR 2.00 X 0 0 0 HONORINE WARD MD CHAIR (OUTGOING) 5.00 X X 0 0 0 JAMES HAMILTON TAYLORMD DIRECTOR 1.00 X 0 0 0 JANE VON GAUDECKER PHD RN CNS DIRECTOR 1.00 X 0 0 0 LALITHA RAMBHALA MD DIRECTOR 1.00 X 0 0 0 MANDELON FINKEL PHD DIRECTOR 1.00 X 0 0 0 MARGARET KUMAR PHD VICE CHAIR 2.00 X X 0 0 0 MEREDITH HAWKINS MD MS DIRECTOR 1.00 X 0 0 0 MIKE MILE LEKIC PHD DIRECTOR 1.00 X 0 0 0 NIRANJAN BOSE PHD DIRECTOR 1.00 X 0 0 0 NISSI VARKI MD DIRECTOR 1.00 X 0 0 0 PHILIP NINAN MD CHAIR 5.00 X X 0 0 0 PRASAD PALLA TREASURER (OUTGOING) 2.00 X X 0 0 0 PRIYA ALEXANDER DIRECTOR 1.00 X 0 0 0 RAJ NARAYAN MD DIRECTOR 1.00 X 0 0 0 THOMAS PHILIPS PHD DIRECTOR 1.00 X 0 0 0 THOMAS PONNA THURAIRATNAM MD DIRECTOR 1.00 X 0 0 0 USHA JESUDASAN DIRECTOR 1.00 X 0 0 0 VIKRAM MATHEWS MD DIRECTOR 1.00 X 0 0 0 VINCIYA PANDIAN PHD DIRECTOR 1.00 X 0 0 0 WILLIAM SCUDDER DIRECTOR 1.00 X 0 0 0 JOHN RIEHL EXECUTIVE DIRECTOR 40.00 X 174600 0 7227 174600 0 7227 1 0 1 0 0 2293677 2293677 114810 114810 1454012 1326747 127265 127265 127265 CREDIT CARD REWARDS 900099 403 403 403 2536155 403 0 242075 982601 982601 181827 145462 9091 27274 180746 48653 83660 48433 1521 54 714 753 17684 8173 5797 3714 28492 15101 7408 5983 36841 36841 35770 35770 23345 16075 1346 5924 52451 27698 14125 10628 12098 1344 10319 435 25082 12956 6993 5133 32590 10328 16224 6038 4500 3600 900 9424 9424 TRANSACTION PROCESSING 5545 5545 MISCELLANEOUS 3396 72 3324 1633913 1277662 241936 114315 210433 262892 550168 1425964 1500 45800 118485 0 8628 8032 53002 53002 4500 0 6078906 7164600 14231 14584 6986851 8921872 174384 188418 174384 188418 X 2754004 4391569 4058463 4341885 6812467 8733454 6986851 8921872 902242 1018745 0 X X 0 1 X 1 0 X 1527428 794384 700137 855858 2293677 6171484 1527428 794384 700137 855858 2293677 6171484 1588117 4583367 162144 139786 120794 124753 114810 662287 60 80 11984 23277 403 35804 6869575 0.66720 0.72270 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2015 AMOUNT: $ 60. 2016 AMOUNT: $ 80. 2017 AMOUNT: $ 6,854. 2018 AMOUNT: $ 6,152. FUNDRAISING INCOME - 2017 AMOUNT: $ 5,130. 2018 AMOUNT: $ 17,125. CREDIT CARD REWARDS - 2019 AMOUNT: $ 403. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5709915 1070000 1225050 342799 7662046 6085143 -55901 319327 5709915 5579413 10000 808932 313202 6085143 5526168 21540 372871 341166 5579413 5658907 29116 132385 294240 5526168 0.52890 0.20780 0.26330 0 0 53002 53002 0 0 X 3519130 1018745 1018745 2500385 35770 35770 2536155 1598143 0 1598143 35770 35770 1633913 PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO SUPPORT MEDICAL RESEARCH, EDUCATIONAL AND HEALTHCARE PROGRAMMING, AND OTHER PURPOSES AS RESTRICTED BY DONORS. PART X, LINE 2: THE FOUNDATION HAS NO UNCERTAIN INCOME TAX POSITIONS AS OF DECEMBER 31, 2019, IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. 1 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS GRANTS TO VELLORE CHRISTIAN MEDICAL COLLEGE 975600 0 0 0 0 0 0 975600 0 975600 SOUTH ASIA PROGRAM SUPPORT 891600 WIRE TRANSFER CASH SOUTH ASIA PROGRAM SUPPORT 84000 WIRE TRANSFER CASH 2 0 0 0 0 0 0 PART I, LINE 2: ALL GRANT FUNDS HAVE A DESIGNATED USE THAT IS SPECIFIED IN THE GRANT LETTER. THE FOUNDATION RECEIVES AN ACKNOWLEDGEMENT OF THE RECEIPT OF THE FUNDS ALONG WITH A CONFIRMATION THAT THE MONEY WILL BE USED IN THE REQUIRED MANNER. THE FOUNDATION AND ITS DONORS FREQUENTLY HAVE CONTACT WITH THE RECIPIENTS OF FUNDING AND FOUNDATION STAFF PERFORMS SITE VISITS TO CONFIRM THAT GRANTS ARE BEING USED APPROPRIATELY. PART III ACCOUNTING METHOD: X 0 0 0 0 0 0 0 0 0 JOHN RIEHL EXECUTIVE DIRECTOR 173450 0 0 0 1150 0 7227 0 0 0 181827 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ANITA RAJA, BOARD MEMBER, AND CEPHAS SWAMIDOSS, BOARD MEMBER, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION HAS INSTITUTIONAL MEMBERS WHO ELECT THE MEMBERS OF THE BOARD. THESE INSTITUITIONAL MEMBERS ARE REQUIRED TO MAKE CONTRIBUTIONS TO THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A THE INSTITUTIONAL MEMBERS OF THE CORPORATION AND THE CURRENT BOARD MEMBERS ARE THE ONLY PARTIES WHO CAN ELECT BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS CANNOT INDEPENDENTLY AMEND THE BY-LAWS WITHOUT APPROVAL OF THE INSTITUATIONAL MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED BY THE FINANCE COMMITTEE AND PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ENSURES THAT ALL EMPLOYEES AND BOARD MEMBERS ARE AWARE OF THE CONFLICT OF INTEREST POLICY AND THE CONSEQUENCES OF VIOLATING IT THROUGH ANNUAL QUESTIONNAIRES. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S SALARY IS REVIEWED ANNUALLY BY THE PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS. RECOMMENDATIONS BY THE PERSONNEL COMMITTEE ARE THEN PRESENTED TO EITHER THE FULL BOARD OF DIRECTORS OR THE EXECUTIVE COMMITTEE FOR AUTHORIZATION BY MOTION AND VOTE. THE EXECUTIVE COMMITTEE IS AUTHORIZED TO ACT ON BEHALF OF THE BOARD OF DIRECTORS AND MEETING MINUTES ARE FORWARDED TO FULL MEMBERSHIP OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. A FINANCIAL REPORT BASED ON THE AUDITED FINANCIAL STATEMENTS IS INCLUDED IN THE ANNUAL REPORT ON THE FOUNDATION'S WEBSITE. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.