2019-11-14T13:00:09-06:00 2018-12-31 341663731 ZINNER & CO LLP 3201 ENTERPRISE PARKWAY SUITE 410 CLEVELAND OH 441227329 990 2018-01-01 650405247 THE FRIENDS OF THE UNIVERSITY OF THE HOLY SPIRIT OF KASLIK INC FRIE 3307149116 14518 DETROIT AVENUE LAKEWOOD OH 44107 LIDIA RICHANI TREASURER 3307149116 2019-11-14 1 SUSAN D KRANTZ P00233254 2168310733 2019-11-14 12.174.67.212 2019-11-14 11:39:18 ES P 072AE70458B69FF65B238D14BA97289E81E199E7 072AE70458B69FF65B238D14BA97289E81E199E7 2018 2020-04-17 16:48:07Z X HOLY SPIRIT UNIVERSITY FOUNDATION FADY CHAMOUN 14518 DETROIT AVENUE LAKEWOOD OH 44107 655439 0 X WWW.HSUF.ORG X 1993 FL HSUF IS ON A CONSTANT MISSION TO SUPPORT HOLY SPIRIT OF KASLIK (USEK) IN LEBANON TO INCREASE FINANCIAL AID AND IMPROVE THE EDUCATIONAL QUALITY AND ENVIRONMENT FOR USEK STUDENTS. 20 20 0 30 0 0 287986 84750 0 0 3898 56211 0 0 291884 140961 0 100000 0 0 0 0 0 0 0 55249 7238 55249 107238 236635 33723 698019 431230 0 0 698019 431230 HSUF IS ON A CONSTANT MISSION TO SUPPORT HOLY SPIRIT OF KASLIK (USEK) IN LEBANON TO INCREASE FINANCIAL AID AND IMPROVE THE EDUCATIONAL QUALITY AND ENVIRONMENT FOR USEK STUDENTS. 0 0 100000 100000 HOLY SPIRIT UNIVERSITY FOUNDATION SUPPORTS THE HOLY SPIRIT UNIVERSITY OF KASLIK, LOCATED IN LEBANON, BY PROVIDING THEIR STUDENTS WITH TUITION ASSISTANCE, SCHOLARSHIPS, EDUCATION PROGRAMS, AND ACADEMIC ENVIRONMENT ENHANCEMENTS. 100000 1 1 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 FL OH X LIDIA RICHANI 3307149116 14518 DETROIT AVE LAKEWOOD OH 44107 X X FADY CHAMOUN PRESIDENT 10.00 X X 0 0 0 FR GEORGE AZZI VICE PRESIDENT 10.00 X X 0 0 0 CHARBEL EL-KHOURY SECRETARY 10.00 X X 0 0 0 GEORGE JABBOUR TREASURER 10.00 X X 0 0 0 LIDIA RICHANI TREASURER 10.00 X X 0 0 0 ELIAS AYOUB MEMBER AT LARGE 1.00 X 0 0 0 ANTHONY ASHER MEMBER AT LARGE 1.00 X 0 0 0 PIERRE CHELALA MEMBER AT LARGE 1.00 X 0 0 0 HANNA ELBAYEH MEMBER AT LARGE 1.00 X 0 0 0 RAY HACHEM MEMBER AT LARGE 1.00 X 0 0 0 ADIB KASSIS MEMBER AT LARGE 1.00 X 0 0 0 SAM SHAIA MEMBER AT LARGE 1.00 X 0 0 0 FARES CHAMOUN MEMBER AT LARGE 1.00 X 0 0 0 ADAM KAUFMAN MEMBER AT LARGE 1.00 X 0 0 0 NAJIB RACHED MEMBER AT LARGE 1.00 X 0 0 0 GEORGE ABOUMRAD MEMBER AT LARGE 1.00 X 0 0 0 FADI MATTA MEMBER AT LARGE 1.00 X 0 0 0 DAAD CHAMOUN MEMBER AT LARGE 1.00 X 0 0 0 ELI KAI MEMBER AT LARGE 1.00 X 0 0 0 JOE KHOURI MEMBER AT LARGE 1.00 X 0 0 0 GEORGE BUABBUD MEMBER AT LARGE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 84750 84750 11340 11340 559349 514478 44871 44871 44871 140961 0 0 56211 100000 100000 INVESTMENT MANAGEMENT F 6380 6380 WEBSITE EXPENSES 588 588 AGENT FEES 198 198 BANK FEES 35 35 37 37 107238 100000 7238 0 237659 33994 417674 397236 42686 698019 431230 0 0 X 698019 431230 698019 431230 698019 431230 33723 -59316 -241196 0 X 0 0 0 X 1120 13100 112100 287986 84750 499056 1120 13100 112100 287986 84750 499056 349417 149639 12346 4366 1706 7327 11340 37085 536141 0.27910 0.17710 X 0.17710 HOLY SPIRIT UNIVERSITY FOUNDATION (HSUF) IS A REGISTERED 501( C) 3, NOT FOR PROFIT ORGANIZATION WHICH SUPPORTS AND PROMOTES HOLY SPIRIT UNIVERSITY OF KASLIK IN LEBANON (USEK), A CATHOLIC UNIVERSITY IN LEBANON. THE UNIVERSITY WAS ORIGINALLY A FRENCH SPEAKING AND ACCREDITED UNIVERSITY. ABOUT 5 YEARS AGO, THE UNIVERSITY STARTED SEEKING AMERICAN ACCREDITATION AND AFFILIATIONS. AT THAT TIME THE BOARD OF DIRECTORS OF HSUF WAS MUCH SMALLER WITH LESS THAN 5 MEMBERS. WE INCREASED THE NUMBER OF MEMBERS OVER THE PAST 3 YEARS AND OUR CURRENT GROUP OF DIRECTORS STARTED GETTING INVOLVED. IN 2019 WE WERE UP TO 17 ACTIVE MEMBERS. WE WORKED WITH THE UNIVERSITY ADMINISTRATION TO INTRODUCE THEM TO INFLUENCERS IN AMERICAN UNIVERSITIES WHEREBY THEY HAVE ACHIEVED THEIR AMERICAN ACCREDITATION AND HAVE STARTED SOME WONDERFUL PROGRAMS WITH AMERICAN UNIVERSITIES. NOW, THEY ARE PRIMARILY TEACHING IN ENGLISH AND THEY CONTINUE TO EXPLORE STUDENT AND TEACHER EXCHANGE PROGRAMS WITH LIKE-MINDED UNIVERSITIES IN AMERICA. SIMULTANEOUSLY, OUR BOARD MEMBERS STARTED PURSUING MORE BROAD REACHING FUNDRAISING SUPPORT FROM THE PUBLIC FOR OUR MISSION. IN 2018, WE HOSTED SEVERAL EVENTS WHERE OVER 200 OF OUR MEMBERS CONTACTS WERE INVITED TO LEARN MORE ABOUT OUR MISSION AND CONSIDER DONATING TO HSUF. WE ALSO HOSTED A NEW YEARS' EVE PARTY WHICH BENEFITED HSUF. THE MEMBERS OF OUR BOARD ARE FROM ALL OVER THE UNITED STATES. OUR REACH IS TO THE FAMILY, FRIENDS AND BUSINESS ASSOCIATES OF OUR BOARD MEMBERS. WE HAVE STARTED A DATA BASE OF ALL THOSE CONTACTS WHICH IS OVER 1,000 PEOPLE SO FAR. ADDITIONALLY, WE HAVE STARTED A DATA BASE OF ALUMNI OF THE UNIVERSITY SO THAT WE ESTABLISH A BONA FIDE PROGRAM DIRECTLY TO THEM FOR SOLICITATION OF FUNDS. LASTLY, WE HAVE UPDATED OUR WEBSITE TO HELP SUPPORT OUR BROADER REACH TO THE PUBLIC. OUR WEBSITE IS WWW.HSUF.ORGOUR FUTURE GOALS INCLUDE:ADDING MORE ACTIVE MEMBERS TO OUR BOARD;INCREASING OUR DATA BASE OF DONORS; ANDSEEKING THE SUPPORT OF MORE UNIVERSITY ALUMNI. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 MIDDLE EAST AND NORTH AFRICA TUITION ASSISTANCE, SCHOLARHIPS, EDUCATION PROGRAMS, AND ACADEMIC ENVIRONMENT ENHANCEMENT 100000 WIRE TRANSFER FMV 0 1 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 FADY CHAMOUN, FARES CHAMOUN, LIDIA RICHANI, AND DAAD CHAMOUN HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B ALL MEMBERS ARE BRIEFED OF THE MAIN POINTS AND RECIEVED DETAILS OF THE FINANCIAL ACCOUNTS. THE FORM IS AVAILABLE TO ALL MEMBERS UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS ARE REMINDED REGULARLY TO REPORT ANY CONFLICT OF INTEREST EVERYTIME WE MEET OR COMMUNICATE WITH EACH OTHER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION ANNOUNCES AT ITS EVENTS THE AVAILABILITY OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS FOR INSPECTION FOR ANYONE UPON REQUEST. FORM 990, PART VII, SECTION A GEORGE JABBOUR RESIGNED AS TREASURER ON 10/23/18. ON THAT DATE, LIDIA RICHANI ASSUMED THE ROLE. PART VI, SECTION C, LINE 19 THE ORGANIZATION ANNOUNCES AT ITS EVENTS THE AVAILABILITY OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS FOR INSPECTION FOR ANYONE UPON REQUEST.