2018-11-09T11:16:48-08:00 2017-12-31 223491267 LEAF MIELE MANGANELLI FORTUNATO & ENGEL 310 PASSAIC AVE FAIRFIELD NJ 070042530 990 2017-01-01 133082248 UNIVERSITY OF THE ANDES FOUNDATION INC UNIV 2122301077 750 THIRD AVENUE NEW YORK NY 10017 ALBERTO MEJIA President 2018-11-09 true Scott Hagaman CPA P00184266 9738089500 2017 2019-02-21 02:37:17Z ALBERTO MEJIA 126 EAST 56TH STREET 12 FL NEW YORK NY 10022 8864704 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 43838 8856886 0 553 7818 0 44391 8864704 159290 211156 0 86916 128079 0 115632 91717 125699 337923 464934 -293532 8399770 3336475 11739093 2848 3336475 11736245 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 125000 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. 98753 38174 The Organization provided administrative support and a grant of $11,500 for five students of the University of the Andes to continue their education at Cornell University (USA.) In addition, $26,674 of grants were provided to the University of the Andes (Columbia) to fund scholarships for 3 undergraduate students there. 47982 47982 A grant of $47,982 was provided towards development of the University of the Andes program "Mathematics Education for Elementary School Teachers" which provides three massive online open courses. 271735 true true false false false false false false false true true false false false false false true false false false false 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 false true 2 0 true 2 true false false false false false false false false 0 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 126 EAST 56TH STREET 12TH FLOOR NEW YORK NY 10022 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 CAROLINA BARCO Director 3.00 0.00 X 0 0 0 JAMES HAMMOND Honorary Member 3.00 0.00 X 0 0 0 ADRIANA CASAS Executive Dir. 35.00 0.00 X 57500 0 0 JO ANN ARIAS Treasurer 15.00 0.00 X 55000 0 0 112500 0 false false false 0 8856886 8856886 0 7818 7818 0 0 0 0 0 0 0 0 8864704 7818 0 0 211156 211156 0 118821 34815 20441 63565 0 0 0 0 9258 2633 1733 4892 0 14165 14165 4868 4868 0 0 0 12850 4350 4250 4250 0 6510 682 1851 3977 0 0 72773 13816 23710 35247 0 0 275 258 17 0 0 0 2288 2288 INTERNET/WEBSITE EXPENSES 8015 4025 744 3246 SOFTWARE 2370 2370 MERCHANT FEES 910 455 455 MISCELLANEOUS 400 400 275 275 464934 271735 77567 115632 1486475 9889093 0 0 0 0 0 0 0 0 1850000 1850000 1850000 0 0 0 0 0 3336475 11739093 2848 0 2848 X 3179704 11577524 156771 158721 3336475 11736245 3336475 11739093 8399770 X false true X true false X X 1 UNIVERSITY OF THE ANDES FOREIGN 000000000 2 true 211156 0 1 211156 0 true true false true false 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, Columbia 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, Columbia 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 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. 156771 2450 500 158721 276931 1000 120500 660 156771 276931 276931 false false false 1850000 1850000 1850000 8938222 73518 73518 8864704 8864704 640815 175881 175881 464934 464934 Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 ADJUST TO ACCRUAL BASIS SUPPORT REC. $73518 Part XII, Line 2d: Other expenses and losses per audited F/S ADJUST TO ACCRUAL BASIS GRANTS PAYABLE $175881 SOUTH AMERICA EDUCATION 211156 CHECK 1 false false false false false false 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.