2019-10-13T10:14:43-05:00 2018-12-31 042666565 John M Monticone CPA 5 High Street Suite 207 Medford MA 02155 990 2018-01-01 743087284 THE TANZANIAN CHILDRENS FUND INC TANZ 6179133763 2 GARDEN STREET CAMBRIDGE MA 02138 R Todd Cronan TREASURER 6179133763 2019-10-12 1 John Monticone P01257043 7813950024 X 98.217.9.124 2019-10-12 13:18:01 ED P 3F32101032E160E6A2CA19266E00DF59511B13FC 3F32101032E160E6A2CA19266E00DF59511B13FC 2018 2020-01-14 16:20:31Z X R TODD CRONAN 9 WATERHOUSE STREET CAMBRIDGE MA 02138 2827967 0 X www.tanzanianchildrensfund.org X 2003 MA The Tanzanian Children's Fund provides support for the Rift Valley Children's Village which provides a permanent home for 97 children in the Karatu District of Tanzania, as well as additional community-based programs to improve the lives of children and their families. 12 10 5 0 0 0 1884778 2431960 80366 60930 256256 76031 1433 6637 2222833 2575558 1189962 1293653 0 0 226230 286858 0 0 167755 234813 223452 1651005 1803963 571828 771595 4325086 4833396 8930 14349 4316156 4819047 X The Tanzanian Children's Fund provides support for the Rift Valley Children's Village (RVCV) which provides a permanent home for 97 children in the Karatu District of Tanzania, as well as additional community-based programs to improve the lives of children and their families. 0 0 1517294 1293653 63274 The Tanzanian Children's Fund provides direct support to Rift Valley Children's Fund (RVCF) in Oldeani, Tanzania, whose primary objective is to support marginalized children living at the Rift Valley Children's Village (RVCV) in the Karatu District of Tanzania. To this end, the Rift Valley Children's Village serves as a permanent home to 97 children, in addition to providing support to 14 Kids Living with Relatives. RVCF also runs community-based programs designed to raise the standard of living for the entire community and create a healthy and nurturing environment for all children to grow up in. These programs include partnerships with the local primary and secondary school (476 and 371 students respectively), a microfinance program serving 620 active clients, and a community rural health clinic. 1517294 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 12 0 1 5 1 0 0 0 0 0 1 1 0 0 0 0 X 12 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA CT ME NY PA CA OH X X X R TODD CRONAN 6179133763 2 GARDENS STREET CAMBRIDGE MA 02138 INDIA HOWELL EXECUTIVE DIRECTOR 70.00 X X 80000 0 0 R TODD CRONAN TREASURER 2.00 X X 0 0 0 SALLIE BEAR DIRECTOR 2.00 X 0 0 0 JAMES SCHUBAUER DIRECTOR 2.00 X 0 0 0 MARGARET BACON DEVELOPMENT CHAIR 2.00 X X 0 0 0 ROBERT ROSSER DIRECTOR 2.00 X 0 0 0 PETER LEON MMASSY TANZANIAN MANAGING DIRECTO 2.00 X X 0 0 0 JODY DRAKE BOARD CHAIR 2.00 X X 0 0 0 LINDA HAYES DIRECTOR 2.00 X X 0 0 0 ELEANOR DOAR SECRETARY 2.00 X X 0 0 0 WILLIAM GRAY ALUMNI TRUSTEE 2.00 X 0 0 0 KIRSTEN HEINEMANN DIRECTOR 2.00 X 0 0 0 80000 0 0 0 0 0 0 0 81759 2350201 83949 2431960 Volunteer Admin. Fees 561000 60930 60930 60930 73088 73088 248642 245699 2943 2943 2943 9900 81759 5607 4293 4293 3447 1103 2344 2344 2575558 63274 0 80324 1293653 1293653 80000 56000 24000 185375 46385 59830 79160 5920 2277 1334 2309 15563 5986 3508 6069 8375 8375 11264 10107 1157 15111 3858 7699 3554 3102 75 3027 47558 26538 21020 10978 10978 21971 14347 7504 120 Sub-Contractors 62666 60457 2209 Printing 15547 3353 12194 Bank and credit card fe 14229 13148 1081 Supplies, including shi 9717 5813 3904 2934 1905 1029 1803963 1517294 118914 167755 979331 1307723 52667 95983 4007 4007 0 0 1360893 1204002 1931970 2225463 225 225 4325086 4833396 8930 14349 8930 14349 X 4255087 4752836 61069 66211 4316156 4819047 4325086 4833396 771595 -268704 0 X X 0 1 X 1 0 X 1411161 1983854 2077870 1884778 2431960 9789623 1411161 1983854 2077870 1884778 2431960 9789623 416166 9373457 21772 54369 23480 57409 73088 230118 10019741 10669 0.93550 0.90960 X 0 3395664 613458 -192159 239451 3577512 2371156 838461 379492 193445 3395664 1667310 712652 225021 233827 2371156 1596596 632214 -29739 531761 1667310 1441630 372981 218015 1596596 0.98000 0.02000 0 0 4007 4007 0 0 ISHARES RUSSELL 1000 420516 F VANGUARD DIVIDEND 360848 F ISHARES CORE S&P 500 ETF 783514 F ISHARES TR RUS MID CAP ETF 381136 F ISHARES RUSSELL 2000 EFT 279449 F 2225463 X 2313564 -268704 6710 -261994 2575558 0 2575558 1810673 6710 6710 1803963 0 1803963 Part V, Line 4: The board designated fund has the following intended use: Rainy Day Operating and/or Capital Costs: $ 1,440,329 - to help with operating and/or capital costs of TCF and the Rift Valley Children's Village, and to provide a back-up source of funds in the case of unanticipated funding needs. Long Term Investment Fund: $1,972,306 to help with operating and/or capital costs of the Tanzanian Children's Fund and the Rift Valley Children's Village, including costs of Oldeani Secondary School and other secondary education costs. The Lorinda de Roulet Scholarship Fund for Girls: $98,666 fund established by the Board of Directors to fund post-secondary scholarships. Boniface Children Fund: $14,902 Set up as a separate account for all monies donated by an individual donor for specific sponsorships. Gyetighi Operating Fund: $6,868 for the purchases of books and teaching materials. Oldeani Capital Fund: $34,442 - Restricted contributions from donor to help with the capital cost of the Oldeani Secondary School. Other Restricted Funds: $ 10,000 - Funds restricted by donor for the support role model initiatives. Part X, Line 2: The Organization has evaluated the tax positions taken on returns for open years and those expected to be taken on returns for the year ended December 31, 2018. It is Management's belief that such tax positions are more likely than not to be sustained upon examination by tax authorities. Accordingly, no liability for uncertain tax positions has been reflected in these financial statements. Returns for tax years beginning with those filed for the year ended December 31, 2015 are open to examination. Part XI, Line 2d - Other Adjustments: Cost of Fundraising events net of gross revenue 5,607. Cost of Microfinance Products disclosed net of gross revenue 1,103. Part XII, Line 2d - Other Adjustments: Cost of Fundraising events net of gross revenues 5,607. Cost of Microfinance Products disclosed net of gross revenue 1,103. 1 Sub-Saharan African - Angola 0 0 Program Services Support for the RIFT Valley Children's Village, Karatu, Tanzania 1293653 0 0 0 0 0 0 1293653 0 1293653 Sub-Saharan Africa - Angola, Support for the Rift Valley Children's Village, in Karatu, Tanzania 1293653 Wire transfer 1 0 0 0 0 0 0 0 Part I, Line 2: Schedule F, Part I, Line 2: All monies granted to charitable organizations will be monitored through accepted accounting practices. No charitable organization will receive additional funding until a full and detailed reporting of previous grants has been received, reviewed and approved by the Foundation's Board of Directors to ensure that monies granted are used for the purposes that they are intended. In addition, the president and another member of the Board of Directors will conduct a field investigation to ensure that the funds donated by the Foundation to foreign charitable organizations are being used properly. The Executive Director, who is a board member of the organization, is also a member of the board of directors of Rift Valley Children's Fund. ;ListTotal 0 Chicago Event 26767 26767 52 NY Sinatra 18054 18054 48 12 46838 36938 9900 5507 91659 81759 9900 5607 5607 4293 X 20 83949 Market value 0 0 0 Form 990, Part VI, Section B, line 11b A copy of the form 990 is given to the governing body for review prior to submittal of the return to the Internal Revenue Service Form 990, Part VI, Section B, line 12c The organization requires each new key employee, officer or director to review a copy of the "Policy on Conflicts of Interest and Disclosure of Certain Interests and to acknowledge in writing that he or she has done so. Additionally, each key employee, officer or director, annually complete a disclusure form identifying any relationships, positions or circumstances in which the employee is involved that he or she believes could contribute to a conflict of interest arising. Form 990, Part VI, Section B, line 15 The Board of Directors establishes the compensation for the Officers or key employees that is within the range of organizations similar in size and scope to the Tanzanian Children's Fund. Form 990, Part VI, Section C, line 19 All organization's related documents are made available for public inspection upon request Form 990, Part XII, Line 2c: This process has not changed since the prior year. Business Transactions Involving Interested Persons: India Howell, Executive Director and board member and Peter Leon Mmassy, Board Member, of The Tanzanian Children's Fund, serve as members of the Rift Valley Children's Fund (RVCF) , who received grants for $1,293,653 from the organization during the year 2018. India and Peter's participation in the board of director of RVCF allows them to monitor the use of these grants.