2019-09-16T09:57:17-05:00 2018-12-31 560747981 DIXON HUGHES GOODMAN LLP 1410 SPRING HILL ROAD SUITE 500 TYSONS VA 221023056 990 2018-01-01 521783323 SAVE A CHILD'S HEART FOUNDATION US INC SAVE 2402233940 PO BOX 59172 POTOMAC MD 20859 JEFF HOFFMAN PRESIDENT 2402233940 2019-09-08 1 TAMARA VINEYARD P01775208 7039700400 2019-09-03 69.250.3.43 2019-09-08 08:20:39 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 839A658C77C9BD915FB92B1F12127266767FB63C 2018 2019-02-21 02:37:17Z JEFF HOFFMAN PO BOX 59172 POTOMAC MD 20859 2222773 0 X WWW.SAVEACHILDSHEARTUS.ORG X 1992 MD TO PROVIDE FUNDING FOR UNDERPRIVILEGED CHILDREN FROM DEVELOPING COUNTRIES WHO ARE IN NEED OF CARDIAC SURGERY. 22 22 3 175 0 0 2428606 2124110 0 0 41511 11265 -11427 -13541 2458690 2121834 1815000 1480000 0 0 249436 272278 0 0 287737 409994 581851 2474430 2334129 -15740 -212295 1071664 834342 17766 11531 1053898 822811 TO PROVIDE FUNDING FOR UNDERPRIVILEGED CHILDREN FROM DEVELOPING COUNTRIES WHO ARE IN NEED OF CARDIAC SURGERY. 0 0 165000 165000 SACH US FUNDED THE BUILDING OF A NEW CHILDREN'S HOSPITAL THAT WILL ENABLE MORE CHILDREN TO RECEIVE SURGERY AND MORE DOCTORS TO BE TRAINED. 1315000 1315000 SACH US FUNDED SURGERY FOR MORE THAN 100 CHILDREN FROM THE MIDDLE EAST, AFRICA, AND EASTERN EUROPE. 380644 6655 OTHER PROGRAMS 1860644 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 1 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 1 8 0 1 3 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AZ CA CO CT FL IL MD MA MI NJ NY OH UT X X JEFF HOFFMAN 2402233940 PO BOX 59172 POTOMAC MD 20859 X BARRY PERLIS IMMEDIATE PAST PRESIDENT 0.50 X X 0 0 0 JEFF HOFFMAN CO-PRESIDENT 5.00 X X 0 0 0 JUDY SHORE CO-PRESIDENT 5.00 X X 0 0 0 SHELDON GROSBERG VICE PRESIDENT 1.00 X X 0 0 0 ERICA KANE TREASURER 1.00 X X 0 0 0 MARC FEINBERG SECRETARY 1.00 X X 0 0 0 PENNIE ABRAMSON MEMBER 0.50 X 0 0 0 MARCY COHEN MEMBER 0.50 X 0 0 0 FRANCES COOK MEMBER 0.50 X 0 0 0 THERESA DUPUIS MEMBER 0.50 X 0 0 0 SIMON ELIAS MEMBER 0.50 X 0 0 0 BEN FEDER MEMBER 0.50 X 0 0 0 AMI GLOTTMANN MEMBER 0.50 X 0 0 0 PHILIP GOLDMAN MEMBER 0.50 X 0 0 0 LESLEY ISRAEL MEMBER 0.50 X 0 0 0 YAN KATSNELSON MEMBER 0.50 X 0 0 0 CARMI KOBREN MEMBER 0.50 X 0 0 0 JOSEPH LUCOSKY MEMBER 0.50 X 0 0 0 ORI REISS MEMBER 0.50 X 0 0 0 EVAN SCHONFELD MEMBER 0.50 X 0 0 0 PETER WELLS MEMBER 0.50 X 0 0 0 GARY WINKLER MEMBER 0.50 X 0 0 0 DAVID LITWACK EXECUTIVE DIRECTOR 40.00 X 125000 0 18188 125000 0 18188 1 0 0 0 0 66020 2058090 2124110 2792 2792 65812 57339 8473 8473 8473 23404 66020 43600 -20196 -20196 6655 0 6655 6655 2121834 6655 0 -8931 X 1480000 1480000 143188 71594 28638 42956 110024 55012 22005 33007 1249 625 249 375 17817 8909 3563 5345 26442 26442 265148 132574 132574 16602 16602 4733 3091 1642 18347 13760 4587 17271 17271 36695 29356 7339 7767 7767 175 175 9924 9924 GENERAL EVENTS 79547 64623 14924 DIRECT MAIL 50093 50093 BANK CHARGES 28447 28447 DUES AND SUBSCRIPTIONS 7120 7120 13540 4191 7115 2234 2334129 1860644 185748 287737 5195 466 688998 621460 283552 79027 630 46244 1349 195 810 1154 92479 85991 1071664 834342 17766 11531 17766 11531 X 743592 822811 310306 0 1053898 822811 1071664 834342 -212295 -18792 0 X X 0 1 X 1 0 X 1904310 2162944 2608956 2428606 2124110 11228926 1904310 2162944 2608956 2428606 2124110 11228926 11228926 19904 14262 13483 10028 2792 60469 1736 1815 6655 10206 11299601 0.99370 0.99420 X 1349 195 1154 1154 X 2146642 -18792 43600 24808 2121834 0 2121834 2377729 43600 43600 2334129 0 2334129 PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS GENERALLY EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION IS CLASSIFIED AS A PUBLIC CHARITY. INCOME THAT IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND MARYLAND CORPORATE INCOME TAXES. THE FOUNDATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2018. THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 43,600. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 43,600. 1 MIDDLE EAST AND AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION BUILDING OF A NEW CHILDREN'S HOSPITAL AND PROVIDING FUNDING FOR HEART SURGERIES 1480000 0 0 0 0 0 0 1480000 0 1480000 MIDDLE EAST, AFRICA, ASIA, EASTERN EUROPE HEART SURGERY 1300000 WIRE TRANSFER ISRAEL CHILDREN HOSPITAL CONSTRUCTION 165000 WIRE TRANSFER 1 0 0 0 0 0 PART I, LINE 2: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: GRANTS RECIPIENTS PROVIDE PERIODIC REPORTS ON HOW FUNDS WERE EXPENSED THROUGHOUT THE PROJECT. HEART TO HEART 31204 14925 16279 2332 3972 2153 JAZZ NIGHT 58220 51095 7125 26280 1500 7363 89424 66020 23404 2332 30252 1500 9516 43600 -20196 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY THE EXECUTIVE DIRECTOR. A COPY OF THE FINAL RETURN WAS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING IT WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR AND OFFICER MUST ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST. AN INTERESTED PERSON DISCLOSES THE EXISTENCE OF THE FINANCIAL INTEREST AND IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD OR EXECUTIVE COMMITTEE. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE LEAVES THE BOARD OR EXECUTIVE COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR EXECUTIVE COMMITTEE MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR EXECUTIVE COMMITTEE DETERMINES WHETHER SACH US CAN OBTAIN, WITH REASONABLE EFFORTS, A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR EXECUTIVE COMMITTEE DETERMINE BY A MAJORITY PF VOTE THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN SACH US BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE IN CONFORMITY WITH THE ABOVE DETERMINATION, IT MAKES ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR AGREEMENT. FORM 990, PART VI, SECTION B, LINE 15A THE SACH US PRESIDENT REVIEWED COMPARABILITY DATA WHEN DETERMINING COMPENSATION OF THE EXECUTIVE DIRECTOR AND THE LAST REVIEW TOOK PLACE IN DECEMBER 2017. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 132,574. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 132,574. TOTAL EXPENSES 265,148. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHNGED FROM THE PRIOR YEAR.