2020-11-10T08:59:01-06:00 2019-12-31 520901831 ROSS LANGAN & MCKENDREE LLP 7900 WESTPARK DR STE T420 MCLEAN VA 22102 990 2019-01-01 272852264 FRIENDS OF UFM INC FRIE 3056065939 CO RLM 7900 WESTPARK DRIVE NO T MCLEAN VA 22102 DANIEL GREEN TREASURER 7038932660 2020-09-23 1 JEFFREY P HAYDEN P00057870 7038932660 X 208.82.213.161 2020-09-23 08:00:01 ED P B602D594AFD2B0B327E07A06F36CA6A7E42546D0 B602D594AFD2B0B327E07A06F36CA6A7E42546D0 2019 2021-01-29 14:40:06Z DANIEL GREEN C/O RLM 7900 WESTPARK DRIVE NO T420 MCLEAN VA 22102 1078121 0 X FOUFM.ORG X 2011 IN TO SUPPORT THE WORK OF UNIVERSIDAD FRANCISCO MARROQUIN OF GUATEMALA CITY, GUATEMALA ... ...TO TEACH AND DISSEMINATE THE ETHICAL, LEGAL, AND ECONOMIC PRINCIPLES OF A SOCIETY OF FREE AND RESPONSIBLE PERSONS. 3 3 1 4 0 0 2096371 1067397 11591 7750 8 -60 280 0 2108250 1075087 862964 1368386 0 0 0 54270 0 0 64779 52056 74010 915020 1496666 1193230 -421579 1318347 1091765 7149 202164 1311198 889601 X TO SUPPORT THE WORK OF UNIVERSIDAD FRANCISCO MARROQUIN OF GUATEMALA CITY, GUATEMALA TO TEACH AND DISSEMINATE THE ETHICAL, LEGAL, AND ECONOMIC PRINCIPLES OF A SOCIETY OF FREE AND RESPONSIBLE PERSONS 1 1 466607 466607 UFM MADRID CAMPUS: IN 2018, UFM RECEIVED PERMISSION TO OPEN A CAMPUS IN MADRID. AS CLASSES BEGAN IN SEPTEMBER 2018, UFM BECAME THE ONLY LATIN AMERICAN UNIVERSITY AUTHORIZED TO OPERATE IN EUROPE. IT IS LOCATED IN ONE OF THE MOST POPULAR COUNTRIES FOR STUDY ABROAD AND ONE OF THE WORLD'S MOST COMPETITIVE ACADEMIC MARKETS FOR BUSINESS ADMINISTRATION AND ENTREPRENEURSHIP. AS A FOREIGN UNIVERSITY OPERATING IN SPAIN, THE OPPORTUNITIES TO DEVELOP NEW EDUCATIONAL PRODUCTS THAT ADDRESS THE IMPORTANCE OF LIBERTY IN ALL ITS MANIFESTATIONS ARE IMMENSE. FRIENDS OF UFM AIMS TO MAKE UFM MADRID A HIGH-PROFILE SHOWCASE FOR A DISRUPTIVE AND REPLICABLE EDUCATION MODEL, IN WHICH BOTH LEARNING PROCESS AND CONTENT REFLECT THE PRINCIPLES OF INDIVIDUAL FREEDOM, FREE MARKETS, AND PERSONAL RESPONSIBILITY. UFM ASPIRES ...CONTINUED ON SCHEDULE OCONTINUED FROM PAGE 2... TO BECOME THE EUROPEAN HUB FOR ALL WHO PROMOTE THESE PRINCIPLES. UFM MADRID IS A CHANCE TO EXPLORE AND EVOLVE WAYS TO REACH NEW AUDIENCES AND TO BE MORE EFFECTIVE IN HOW WE COMMUNICATE IDEAS. IT IS ALSO AN OPPORTUNITY TO RE-INTRODUCE CLASSICAL LIBERALISM INTO THE EDUCATIONAL CULTURE OF EUROPE. BY OFFERING YOUNG PEOPLE A SOLID EDUCATION THAT INSPIRES THEM TO SEEK A LIFE OF MEANING GROUNDED IN INDIVIDUAL LIBERTY AND RESPONSIBILITY, WE ASPIRE TO FORGE A CRITICAL MASS OF THOUGHT LEADERS, IN ALL SPHERES OF LIFE, WHO ARE COMMITTED TO PROMOTING AND DEFENDING THE VALUES THAT SUSTAIN A FREE SOCIETY. 388168 388168 ITA SCHOLARSHIP PROGRAMS: THE ORGANIZATION PROVIDES FUNDING FOR SCHOLARSHIP PROGRAMS AT UFM (ITA IS A SPANISH ACRONYM MEANING "PROMOTING ACADEMIC TALENT") THAT SEEK TO IDENTIFY THE POOREST, MOST HIGHLY QUALIFIED AND MOTIVATED STUDENTS IN GUATEMALA IN ORDER TO MAKE IT POSSIBLE FOR THEM TO EARN AN UNDERGRADUATE DEGREE. THE PROGRAMS INCLUDE SCHOLARSHIPS FOR: LAW STUDENTS; THE ADOLFO LAU SCHOLARSHIP PROGRAM NAMED AFTER A LONG-TIME UFM PROFESSOR OF ARCHITECTURE THAT PASSED AWAY IN 2012; THE INSTITUTE OF POLITICAL STUDIES AND INTERNATIONAL RELATIONS (EPRI); THE MANUEL F. AYAU SOCIETY, WHICH WAS ESTABLISHED BY UFM TO HONOR THE LEGACY OF MANUEL F. AYAU AND SUPPORTS SCHOLARS AND PROFESSORSHIPS; SUMMER PROGRAMS AT UFM'S MADRID CAMPUS AND OTHER LOCATIONS; AND OTHER DONOR-RESTRICTED SCHOLARSHIPS. 195143 195143 COLLABORATION LAB: THE ORGANIZATION SUPPORTS THE DESIGN, BUILDING, AND EQUIPPING OF THE INTERNATIONAL COLLABORATION LAB AT UFM. THE GOAL IS TO BECOME A SUPPORT CENTER FOR THE INTERNATIONAL CLASSICAL LIBERAL/LIBERTARIAN WORLD. 4625 4625 THE DEPARTMENT OF PERFORMING ARTS: THE ORGANIZATION SUPPORTS UNIVERSIDAD FRANCISCO MARROQUIN'S PERFORMING ARTS PROGRAM FORMERLY CALLED THE ORGANIZATION FOR THE ARTS. THE DEPARTMENT WAS FOUNDED IN 1983 AS AN IMPORTANT ARM OF THE COMMUNITY. THE PROGRAM HAS NATIONAL AND INTERNATIONAL PROJECTION THAT PRESENTS ACTIVITIES AND PRODUCES SHOWS FOR CHILDREN, JAZZ CONCERTS, RECITALS OF NOTABLE SOLOISTS AND CHAMBER ENSEMBLES, SYMPHONIC AND CHORAL CONCERTS, LARGE OPERA PRODUCTIONS, INTERNATIONAL BALLET COMPANIES, AND MODERN AND CONTEMPORARY DANCE. 71086 71086 7750 THE ANTIGUA FORUM: THE ORGANIZATION SUPPORTS THE UNIVERSIDAD FRANCISCO MARROQUIN'S FORUM THAT GATHERS POLITICAL LEADERS, ENTREPRENEURS, AND EXPERTS FROM AROUND THE WORLD TO WORK ON PROJECTS THAT FIND REAL SOLUTIONS TO REAL PROBLEMS. AT EACH EVENT, PARTICIPANTS FROM UP TO TWO DOZEN COUNTRIES WORK IN SMALL GROUPS, GUIDED BY TRAINED FACILITATORS, TO HELP PROJECT OWNERS COME UP WITH CONCRETE ACTION PLANS. THERE ARE NO LECTURES, JUST PRODUCTIVE ENCOUNTERS. 150211 150211 OTHER PROGRAMS AND ONE-TIME PROJECTS: THE ORGANIZATION PROVIDES ADMINISTRATIVE SUPPORT TO ADMINISTER THE OTHER PROGRAMS AND ONE-TIME OR SPECIAL PROJECT SUPPORT TO UNIVERSIDAD FRANCISCO MARROQUIN (UFM). THESE INCLUDE THE ESCAPE FROM TOTALITARIANISM PROJECT, IN WHICH THE ORGANIZATION GRANTED $77,000 TO UFM FOR THE CREATION OF AN ESCAPE ROOM FOR STUDENTS AND OTHERS TO IMMERSE THEMSELVES IN AN ADVENTURE EXPERIENCE WHERE THEIR FREEDOM AND IDENTITY ARE TAKEN AWAY AND THEY WILL USE THEIR CREATIVITY AND PROBLEM-SOLVING SKILLS TO GAIN IT BACK. THE ORGANIZATION ALSO HAS MADE GENERAL SUPPORT GRANTS OF $37,478 IN THE YEAR ENDED DECEMBER 31, 2019 TO UFM TO BE ADMINISTERED BY THE UFM PRESIDENT'S OFFICE AT THE DISCRETION OF THE UFM PRESIDENT. OTHER ONE-TIME OR SPECIAL PROJECT SUPPORT INCLUDE ADVANCED TECHNOLOGY FOR THE FILM SCHOOL, THE COLLEGE FREEDOM FORUM, THE START UP CITIES INSTITUTE, SUPPORT FOR THE DEVELOPMENT DEPARTMENT, AND MISCELLANEOUS ADMINISTRATIVE SUPPORT. 92546 92546 ONGOING LEARNING: THIS IS A PROGRAM THE ORGANIZATION SUPPORTS WITHIN UFM'S CENTRO HENRY HAZLITT TO CONDUCT WORKSHOPS FOR UFM FACULTY ON DIFFERENT TEACHING, COLLABORATION, AND FACILITATION METHODOLOGIES. 318468 318468 7750 1368386 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 1 1 1 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 1 2 0 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 IN X ROSS LANGAN & MCKENDREE LLP 7038932660 7900 WESTPARK DRIVE T420 MCLEAN VA 22102 X VIDAR JORGENSEN DIRECTOR 2.00 X 0 0 0 DANIEL GREEN TREASURER/SECRETARY 2.00 X X 0 0 0 RODOLFO MILANI PRESIDENT 2.00 X X 0 0 0 0 0 0 0 0 0 0 0 13968 1053429 1421 1067397 REGISTRATION FEES 900099 7750 7750 7750 2 2 2972 3034 -62 -62 -62 1075087 7750 0 -60 1368386 1368386 50000 50000 4270 4270 40442 40442 20127 17602 2525 3030 3030 5714 5714 505 505 1300 1300 622 622 2270 2270 1496666 1368386 63501 64779 725790 488251 591111 601048 146 1019 1447 17499 17499 1300 0 1318347 1091765 3399 13524 178740 3750 9900 7149 202164 X 114969 49553 1196229 840048 1311198 889601 1318347 1091765 -421579 -18 0 X 0 1 X 1 0 X 1782609 753067 613002 2096371 1067397 6312446 1782609 753067 613002 2096371 1067397 6312446 2892876 3419570 4 1 149 2 156 6312602 19341 0.54170 0.47100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1001635 -78 735936 47 26574 239000 1.00000 0 0 17499 17499 0 0 X 1082119 -18 7050 7032 1075087 0 1075087 1503716 7050 7050 1496666 0 1496666 PART X, LINE 2: FRIENDS IS REQUIRED TO MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN INCOME TAX POSITIONS FRIENDS HAS TAKEN IN THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION OR EXPECTS TO TAKE ON AN INCOME TAX RETURN. FRIENDS RECOGNIZES THE TAX BENEFITS FROM UNCERTAIN INCOME TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAX AUTHORITIES. FRIENDS RECORDED NO LIABILITY FOR UNCERTAIN INCOME TAX POSITIONS FOR ANY OPEN TAX YEARS. 1 CENTRAL AMERICA 0 0 PROGRAM SERVICES AND GRANTS FUNDING OF PROGRAMS - UFM MADRID CAMPUS, ITA SCHOLARSHIP PROGRAMS, COLLABORATION LAB, THE ANTIGUA FORUM, THE DEPARTMENT OF PERFORMING ARTS, ONGOING LEARNING, AND OTHER PROGRAMS AND ONE-TIME PROJECTS. 1368386 CENTRAL AMERICA 0 1 ADMINISTRATIVE SUPPORT AND EXPENSES 16522 CENTRAL AMERICA 0 0 WEB HOSTING 480 0 1 0 0 0 1 1385388 0 1385388 CENTRAL AMERICA EDUCATIONAL PURPOSES - UFM MADRID CAMPUS, ITA SCHOLARSHIP PROGRAMS, COLLABORATION LAB, THE ANTIGUA FORUM, THE DEPARTMENT OF PERFORMING ARTS, ONGOING LEARNING, AND OTHER PROGRAMS AND ONE-TIME PROJECTS. 1368386 WIRE TRANSFER 0 0 0 0 0 0 PART I, LINE 2: GRANTS TO UNIVERSIDAD FRANCISCO MARROQUIN, GUATEMALA, C.A. ARE ONLY MADE UPON SPECIFIC REQUESTS FOR PROPOSED USES, SUCH AS SCHOLARSHIPS, LECTURESHIPS, ON-LINE MEDIA PRESENTATIONS, CONFERENCES AND FORUMS, AND EDUCATIONAL RELATED PROJECTS AND SUPPORT. GRANTS ARE APPROVED BY THE ORGANIZATION'S BOARD, DOCUMENTED IN THE ORGANIZATION'S MINUTES, AND REPORTS DOCUMENTING ACTIVITIES AND USES OF FUNDS GRANTED ARE REQUESTED FROM UFM AND REVIEWED. SITE VISITS ARE ALSO MADE. PART III ACCOUNTING METHOD: FORM 990, PART III, LINE 2 THE ORGANIZATION ADDED A PROGRAM CALLED COLLABORATION LAB IN 2019. FORM 990, PART III, LINE 3 THE ORGANZIATION'S PROGRAM MONT PELERIN SOCIETY MEETING FROM 2018 WAS NO LONGER A PROGRAM IN 2019 AS THE ORGANIZATION'S SUPPORT OF THIS MEETING WAS A ONE-TIME OCCURRENCE. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDED A COMPLETE COPY OF THIS FORM 990, INCLUDING SCHEDULES, TO THE EXECUTIVE DIRECTOR, DEVELOPMENT DIRECTOR, AND BOARD OF DIRECTORS INLCUDING: TREASURER/SECRETARY AND PRESIDENT OF ITS GOVERNING BODY BEFORE FILING THIS RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS ENFORCED REGULARLY AND CONSISTENTLY, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS. THE BOARD'S DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE PROCEDURES FOR ADDRESSING CONFLICT OF INTEREST INCLUDE AN INTERESTED PERSON BEING GIVEN THE OPPORTUNITY TO MAKE A PRESENTATION TO THE BOARD OF DIRECTORS MEETING, AFTER WHICH THE BOARD DISCUSSES AND VOTES ON THE ARRANGEMENT. IF THE CHAIRPERSON OF THE BOARD OF DIRECTORS DEEMS IT APPROPRIATE, HE OR SHE CAN APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE THE ALTERNATIVES TO THE PROPOSED TRANSACTION ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES THE FORM 990 AVAILABLE ON ITS WEBSITE, HOWEVER THE FORM 1023 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS, INCLUDING ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS, AVAILABLE FOR PUBLIC INSPECTION.