2019-11-13T06:52:08-08:00 2018-12-31 223491267 LEAF MIELE MANGANELLI FORTUNATO & ENGEL 310 PASSAIC AVE FAIRFIELD NJ 070042530 990 2018-01-01 133082248 UNIVERSITY OF THE ANDES FOUNDATION INC UNIV 2122301077 405 LEXINGTON AVENUE 26TH FLOOR NEW YORK NY 10174 ALBERTO MEJIA President 2019-11-13 true Scott Hagaman CPA P00184266 9738089500 2018 2020-01-14 16:20:31Z ALBERTO MEJIA 126 EAST 56TH STREET 12 FL NEW YORK NY 10022 1821953 false false X www.losandesfoundation.org X 2007 NY To support the programs and activities of the Universidad de Los Andes in Bogota, Colombia, assist students and faculty in their continued academic work in the U.S., and provide access to the University's programs and facilities to students with financial hardships. 12 12 2 1 0 8856886 1662791 0 7818 159162 0 8864704 1821953 211156 351702 0 128079 163402 0 131952 125699 184802 464934 699906 8399770 1122047 11739093 12864855 2848 2063 11736245 12862792 X To support the programs and activities of the Universidad de Los Andes in Bogota, Colombia, assist students and faculty in their continued academic work in the U.S., and provide access to the University's programs and facilities to students with financial hardships. false false 134335 125000 The Organization provided $125,000 financial assistance to the Universidad de Los Andes by directly funding a common seed fund established under its agreement with Massachusetts Institute of Technology (MIT) to support collaborative research projects. 114003 100000 A GRANT TO SUPPORT THE UNIVERSITY OF THE ANDES PROGRAM FOR EIGHT UNDERPRIVILEDGED STUDENTS PURSUING A "FACULTY OF EDUCATION" UNDERGRADUATE DEGREE. 57395 48060 A grant was provided towards development of the University of the Andes program "Mathematics Education for Elementary School Teachers" which provides three massive online open courses. 139323 78642 445056 true true false false false false false false false true true false false false false false true false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 3 0 true 2 true false false false false false false false false 0 false false false false false false false false false false false false X 12 12 true false false false false false false true true false false true true true true true true true true false NY X JO ANN ARIAS 2122301077 405 LEXINGTON AVENUNE 26TH FLOOR NEW YORK NY 10174 ALBERTO MEJIA President 10.00 0.00 X X 0 0 0 PABLO NAVAS Chairman 3.00 0.00 X X 0 0 0 EDUARDO BEHRENTZ Vice Chairman 3.00 0.00 X X 0 0 0 JUAN OCAMPO Director 3.00 0.00 X 0 0 0 SERGIO GALVIS Director 3.00 0.00 X 0 0 0 PEDRO MIGUEL NAVAS Director 3.00 0.00 X 0 0 0 ALONSO MARTINEZ Director 3.00 0.00 X 0 0 0 JUAN PABLO MEJIA Director 3.00 0.00 X 0 0 0 JUAN ESTEBAN ORDUZ Director 3.00 0.00 X 0 0 0 ALEJANDRO SANTO DOMINGO Director 3.00 0.00 X 0 0 0 CARLOS VEGALARA Director 3.00 0.00 X 0 0 0 DIEGO CORDOBA Director 3.00 0.00 X 0 0 0 ADRIANA CASAS Executive Dir. 25.00 0.00 X 40000 0 0 JO ANN ARIAS SECR/TREAS 35.00 0.00 X 99175 0 13247 139175 13247 0 false false false 0 1662791 1662791 0 159162 159162 0 0 0 0 0 0 0 0 1821953 159162 0 0 351702 351702 0 139175 43058 33058 63059 0 0 0 13247 4422 4439 4386 10980 3397 2608 4975 0 15000 15000 23130 23130 0 0 0 63103 19208 19469 24426 0 9306 574 1862 6870 0 0 61756 20844 19622 21290 0 0 2540 114 51 2375 0 0 0 6180 1162 2306 2712 PROPERTY TAXES 2739 575 822 1342 MERCHANT FEES 1048 531 517 0 699906 445056 122898 131952 9889093 0 11010355 0 0 0 0 0 0 0 1850000 1850000 1850000 0 0 0 0 4500 11739093 12864855 2848 2063 2848 2063 X 11577524 9535149 158721 3327643 11736245 12862792 11739093 12864855 1122047 4500 X false true X true false X X 1 UNIVERSITY OF THE ANDES FOREIGN 000000000 2 true 351702 0 1 351702 0 true true false true true true false false false false false false false false false false false true false Part IV, Section A, Line 2: Description Of How Organization Determined Supported Org. The supported organization is a university established in Bogota, Colombia and as a foreign university the supported organization has not sought an IRS determination as to its status under Section 509(a)1. The Organization has established that the supported organization is an educational institution which maintains a regular faculty and curriculum and has a regular enrolled body of students in attendence in Bogota, Colombia where the supported organization's educational activities are carried on. The supported organization therefore satisfies the requirements of Section 509(a)1. Part IV, Section A, Line 4b: Description Of Control And Descretion WHILE THE ORGANIZING DOCUMENTS PROVIDE FOR A CONTROL RELATIONSHIP BY THE SUPPORTED ORGANIZATION, POLICIES HAVE BEEN PUT IN PLACE BY WHICH THE SUPPORTING ORGANIZATION DEFERS TO A GRANT APPROVAL COMMITTEE FOR ULTIMATE APPROVAL OF GRANT REQUESTS IT SUBMITS. THE SUPPORTING ORGANIZATION DOES NOT HAVE A MAJORITY VOTE ON SUCH COMMITTEE. Part IV, Section A, Line 4c: Description Of Controls To Ensure Exclusive 170(c)(2)(B) Use The supported organization is a foreign university and it has therefore not sought an IRS determination as to its status under section 501(c)3. However, as an educational institution the supported organization satisfies the requirements of Section 501(c)3. The Organization is established to support the activities of the supported organization but determines how that support should be provided. The Organization frequently makes distributions directly to or for the benefit of individuals that are benefited by the supported organization(students of the university) including by providing funding for students of the supported organization to continue their studies at U.S. universities. The Organization also makes payments to the supported organization for specific purposes such as funding the supported organization's programs to assist students with financial hardships. 2168272 1182095 9918 32642 3327643 2166322 2450 500 2168272 2286482 1000 120500 660 2166322 2286482 2286482 1.00000 false false false 1850000 1850000 1850000 1731286 -90667 -90667 1821953 1821953 483404 -216502 -216502 699906 699906 Part V, Line 4: Intended uses of the endowment fund. TO FUND DONOR DESIGNATED EDUCATIONAL PROGRAMS OF THE SUPPORTED ORGANIZATION, THE THREE LARGEST DESIGNATED PROGRAMS ARE:1) THE "I WANT TO STUDY" PROGRAM TO PROVIDE FINANCIAL AIDE FOR UNDERPRIVILEDGED AND HIGH ACHIEVING STUDENTS;2) "STUDY IN COLOMBIA" PROGRAM TO PROVIDE FINANCIAL ASSISTANCE FOR PROFESSORS OF REGIONAL UNIVERSITIES IN COLOMBIA TO PURSUE MASTERS DEGREES AT THE UNIVERSITY OF THE ANDES IN ORDER TO SHARE NEW KNOWLEDGE THROUHOUT THE COLOMBIAN EDUCATIONAL COMMUNITY; 3)SUPPORT THE "VISITING PROFESSOR" PROGRAM WHICH PROMOTES THE SHARING OF NEW KNOWLEDGE BY DISTINQUISHED PROFESSORS FROM RENOWNED UNIVERSITIES AROUND THE WORLD THROUGH THE UNIVERSITY OF THE ANDES EDUCATIONAL VENUES. true SOUTH AMERICA EDUCATION 273060 WIRE TRANSFR 1 TUITION ASSISTANCE - UNIV. OF ANDES SOUTH AMERICA 3 32642 WIRE TRANSFER USA UNIVERSITY TUITION ASSISTANCE SOUTH AMERICA 8 46000 WIRE TRANSFER false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US Grants provided to the University of the Andes are done under a written grant agreement which requires financial reports to be submitted to substantiate the use of grant funds. Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: GRANT TO BABSON COLLEGE FOR TUITION AND EXPENSES OF UNIVERSITY OF ANDES UNDERGRADUATE FURTHERING STUDIES IN USA. OTHER PROGRAM SERVICES 5: GRANT TO CORNELL UNIVERSITY FOR 7 INTERNSHIPS OF UNIVERSITY OF THE ANDES UNDERGERADUATE STUDENTS. OTHER PROGRAM SERVICES 6: FINANCIAL AIDE GRANT TO UNIVERSITY OF THE ANDES FOR TUITION SUPPORT OF AN UNDERPRIVILEDGED, HIGH ACHIEVING UNDERGRADUATE STUDENT ENROLLED IN THE "I WANT TO STUDY" PROGRAM. OTHER PROGRAM SERVICES 7: FINANCIAL AIDE GRANT TO UNIVERSITY OF THE ANDES FOR TUITION SUPPORT OF AN UNDERPRIVILEDGED, HIGH ACHIEVING UNDERGRADUATE STUDENT ENROLLED IN THE "I WANT TO STUDY" PROGRAM. OTHER PROGRAM SERVICES 8: FINANCIAL AIDE GRANT TO UNIVERSITY OF THE ANDES FOR TUITION SUPPORT OF AN UNDERPRIVILEDGED, HIGH ACHIEVING UNDERGRADUATE STUDENT ENROLLED IN THE "I WANT TO STUDY" PROGRAM. Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Pablo Navas and Pedro Miguel Navas are brothers. Form 990, Part VI, Line 11b: Form 990 Review Process Form 990 is reviewed by governing body before filing. Any proposed changes and or issues are discussed and approved before filing. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts During annual Board of Director meetings a discussion is held to review any potential conflicts and all Directors are required to sign a certification that no conflicts exist. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees The process for determining compensation is as follows:The board members discuss and come to an amount based on their numerous years of experience and comparable compensation from other like charities. The amount of compensation is then approved at the board meeting. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Governing documents and policies are available upon request.