2018-02-14T11:19:17-07:00 2017-06-30 990 2016-07-01 203287404 UNITED STATES FUND FOR UNICEF IN KIND ASSISTANCE CORPORATION UNIT 2126865522 125 Maiden Lane 10th Floor New York NY 10038 Richard Esserman Vice President - Finance & Budget 2126865522 2017-02-13 199.168.151.102 2016 2021-01-29 14:40:06Z Caryl M Stern 125 Maiden Lane New York NY 10038 65852506 0 X www.unicefusa.org X 2005 NY The organization operates and administers the Gift-In-Kind programs of the Member other than the pre-existing Gift-In-Kind program to combat River Blindness which will continue to be operated and administered by the US Fund for UNICEF (USF), and shall operate and administer on behalf of the USF a Revolving Guarantee Bridge Fund to provide a pool of revolving financial resources to fund various "programmatic gaps" at UNICEF and other charitable or nongovernmental organizations, such as forward commitments, immediate funding in the event of catastrophic emergencies, acquiring essential life-saving priority supplies, vaccines, and medicines, and the ability to lock in discounts and advantageous pricing. 5 4 0 0 0 0 23818298 65313942 0 0 624264 538564 0 0 24442562 65852506 22564532 64343875 0 0 0 0 0 0 101000 1260492 1242505 23825024 65586380 617538 266126 48122030 51752623 34883640 38200399 13238390 13552224 Saving Children's Lives Around the World by operating and administering certain gift-in-kind programs for the US Fund for UNICEF (USF). Additionally, utilizing a Revolving Guarantee Bridge Fund that secures better pricing, faster delivery and a consistent flow of essential goods for children in the developing world by distributing critical, flexible capital to overcome traditional funding obstacles when purchasing urgently needed supplies that save children's lives. 0 0 65471355 64343875 0 The organization operates and administers on behalf of the US Fund for UNICEF a Revolving Guarantee Bridge Fund that provides financial resources to secure better pricing, faster delivery and a consistent flow of essential goods for children in the developing world by distributing critical, flexible capital to overcome traditional funding obstacles when purchasing urgently needed supplies that save children's lives. 0 0 0 NONE 0 0 0 NONE 0 0 0 65471355 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X X X Richard Esserman 2126865522 125 Maiden Lane 10th Floor New York NY 10038 Andrew Beer Chairman/Director 2 1 X X 0 0 0 Dolores R Gahan Director 2 5 X 0 0 0 Glen Baptist CFA Director 2 0 X 0 0 0 Caryl Stern President, CEO & Director 5 65 X X 0 569378 83047 Mehdi Mahmud Director 2 0 X 0 0 0 Edward G Lloyd Treasurer 10 55 X X 0 421410 71658 Richard Esserman Asst. Treasurer 5 45 X 0 220321 52643 Lynn Stratford Assistant Secretary 5 45 X 0 281635 33497 John Hermann Jr Secretary 1 5 X 0 0 0 Gabriella Morris Senior Vice President-Bridge Fund 10 40 X 0 218817 51217 0 1711561 292062 0 0 1 0 0 0 0 0 29011489 0 36302453 0 65313942 0 538564 538564 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 65852506 538564 0 0 0 0 0 0 64343875 64343875 1242505 1127480 14025 101000 65586380 65471355 14025 101000 6610614 461464 0 0 0 0 14713198 36906619 0 0 0 0 0 0 0 0 0 0 26798218 14384540 0 0 0 0 0 0 0 0 48122030 51752623 433640 350399 0 0 0 0 0 0 0 0 0 0 0 34450000 37850000 0 0 34883640 38200399 X 13238390 13552224 0 0 0 0 13238390 13552224 48122030 51752623 266126 47708 0 0 0 0 X 0 1 X 1 0 X X X 1 United States Fund for UNICEF 131760110 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 X 65900214 47708 0 0 0 47708 65852506 0 0 0 65852506 65586380 0 0 0 0 0 65586380 0 0 0 65586380 Schedule D, Part X, Line 2 The US Fund for UNICEF In Kind Assistance Corporation (USF-IKAC) is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code (IRC) and is classified as a publicly supported organization as defined in Section 509(a)(3) of the IRC. The USF-IKAC is also exempt from state and local income taxes and qualifies for the maximum charitable contribution deduction by donors. USF-IKAC recognizes the effects of income tax positions only if those positions are more likely than not of being sustained. No provision for income taxes has been made, as USF-IKAC has not reported any taxable unrelated business income and any unrelated business income is offset by associated expenditures. USF-IKAC evaluates, on an annual basis, the effects of any uncertain tax positions on its consolidated financial statements. As of June 30, 2017, USF-IKAC has not identified or provided for any such positions. 1 Central America and the Caribbean 0 0 Grantmaking TO SUPPORT EDUCATION PROGRAMS 1990259 East Asia and the Pacific 0 0 Grantmaking TO SUPPORT EMERGENCIES 205908 Europe (including Iceland and Greenland) 0 0 Grantmaking TO SUPPORT CHILD PROTECTION, CHILD SURVIVAL AND EMERGENCIES 378150 Middle East and North Africa 0 0 Grantmaking TO SUPPORT CHILD PROTECTION, CHILD SURVIVAL, EMERGENCIES & EDUCATION 19195552 South Asia 0 0 Grantmaking TO SUPPORT EDUCATION AND EMERGENCIES 3154928 Sub-Saharan Africa 0 0 Grantmaking TO SUPPORT POLIO ERADICATION AND EMERGENCIES 39419078 0 0 64343875 Central America and the Caribbean TO SUPPORT EDUCATION AND CHILD PROTECTION PROGRAMS 1990259 WIRE 0 NOT APPLICABLE NOT APPLICABLE East Asia and the Pacific TO SUPPORT EMERGENCIES 205908 WIRE 0 NOT APPLICABLE NOT APPLICABLE Europe (including Iceland and Greenland) TO SUPPORT CHILD PROTECTION PROGRAMS 378150 WIRE 0 NOT APPLICABLE NOT APPLICABLE Middle East and North Africa TO SUPPORT CHILD PROTECTION PROGRAMS 19195552 WIRE 0 NOT APPLICABLE NOT APPLICABLE South Asia TO SUPPORT EDUCATION PROGRAMS AND EMERGENCIES 3154928 WIRE 0 NOT APPLICABLE NOT APPLICABLE Sub-Saharan Africa TO SUPPORT POLIO ERADICATION PROGRAMS 39419078 WIRE 0 NOT APPLICABLE NOT APPLICABLE 1 1 0 0 0 0 0 0 Schedule F, Part I, Line 2 THE US FUND FOR UNICEF IN KIND ASSISTANCE CORPORATION MONITORS THE GRANTS BY RQUIRING THE GRANTEE TO SUBMIT REPORTS OUTLINED IN THE GRANT AGREEMENT. GRANTEES ARE HELD TO ACCOUNT AND ARE RESPONSIBLE FOR INSURING THAT PROJECTS ARE EXECUTED IN ACCORDANCE WITH THE GUIDELINES AND MILESTONES AS SET FORTH IN THE GRANT. 0 0 0 0 0 0 0 0 0 Caryl Stern President, CEO & Director 0 549378 0 20000 0 0 0 41850 0 41197 0 652425 0 0 Edward G Lloyd Treasurer 0 401410 0 20000 0 0 0 36127 0 35531 0 493068 0 0 Richard Esserman Asst. Treasurer 0 220321 0 0 0 0 0 19374 0 33269 0 272964 0 0 Lynn Stratford Assistant Secretary 0 281635 0 0 0 0 0 18611 0 14886 0 315132 0 0 Gabriella Morris Senior Vice President-Bridge Fund 0 218817 0 0 0 0 0 17505 0 33712 0 270034 0 0 Schedule J, Part I, Line 3 ALL COMPENSATION IS PAID BY THE SUPPORTED ORGANIZATION.THE SUPPORTED ORGANIZATION, THE US FUND FOR UNICEF HAS A POLICY THAT THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS HAS THE RESPONSIBILITY AND AUTHORITY TO DETERMINE THE NATURE AND AMOUNT OF COMPENSATION TO BE INCLUDED IN THE PRESIDENT'S CONTRACT. DURING THE CONTRACT PROCESS, A COMPARABILITY STUDY (THE "STUDY") IS CONDUCTED BY AN OUTSIDE EMPLOYEE COMPENSATION AND BENEFITS FIRM WHICH TAKES INTO CONSIDERATION COMPARABLE OTHER ORGANIZATIONS IN THE NEW YORK AREA IN DETERMINING THE TOTAL COMPENSATION OF THE PRESIDENT TO INCLUDE SALARY, BENEFITS AND INCENTIVES AS APPROPRIATE. ALSO, ON AN ANNUAL BASIS, A REVIEW OF THE PRESIDENT'S PERFORMANCE IS CONDUCTED BY THE EXECUTIVE COMMITTEE. ADDITIONALLY, THE COMMITTEE REVIEWS THE COMPENSATION OF THE SENIOR MANAGEMENT TEAM UNDER A SIMILAR COMPARABLE PROCESS. Form 990, Part VI, Section A, Line 6 THE US FUND FOR UNICEF (USF) IS THE SOLE MEMBER OF THE US FUND FOR UNICEF IN KIND ASSISTANCE CORPORATION Form 990, Part VI, Section A, Line 7a THE SOLE MEMBER, THE US FUND FOR UNICEF (USF) APPOINTS THE BOARD OF DIRECTORS OF THE ORGANIZATION Form 990, Part VI, Section A, Line 7b THE SOLE MEMBER, THE US FUND FOR UNICEF (USF), HAS CERTAIN RESERVED POWERS INCLUDING THE RIGHT TO APPROVE (1) ANY AMENDMENT TO THE ORGANIZATION'S CERTIFICATE OF INCORPORATION OR BYLAWS (2) THE OPERATION AND CAPITAL BUDGETS OF THE ORGANIZATION (3) THE ORGANIZATION'S ADOPTION OF AN INVESTMENT AND SPENDING POLICY (4) THE ISSUANCE OF ANY DEBT BY THE ORGANIZATION (5) ANY FUNDAMENTAL CHANGES TO THE ORGANIZATION SUCH AS MERGER AND DISSOLUTION. AMONG USF'S RESERVED POWERS IS THE POWER TO SET THE NUMBER OF DIRECTORS AND APPOINT ALL DIRECTORS OF THE ORGANIZATION. Form 990, Part VI, Section B, Line 11b Form 990, Part VI, Section B, Line 11b - AFTER THE RETURN IS PREPARED BY STAFF, IT IS REVIEWED BY THE CONTROLLER, VP OF FINANCE AND BUDGET & COO/CFO. ADDITIONALLY, A COPY OF THE RETURN IS SENT TO THE ORGNIZATION'S LEGAL COUNSEL FOR REVIEW. THE COO/CFO REVIEWS THE RETURN WITH THE CHAIR OF THE AUDIT COMMITTEE AND SHARES WITH THE MEMBERS OF THE BOARD PRIOR TO FILING. AFTER THE REVIEW PROCESS, THE RETURN IS FILED ELECTRONICALLY WITH THE COO/CFO SIGNING THE RETURN. Form 990, Part VI, Section B, Line 12c Form 990, Part VI, Section B, Line 12c - EVERY STAFF MEMBER OF THE USF AND ITS AFFILIATE IS REQUIRED ANNUALLY TO SIGN A FORM THAT ENSURES EVERYONE IS AWARE OF AND IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE HUMAN RESOURCES DEPARTMENT COLLECTS THIS INFORMATION. IN ADDITION, EVERY BOARD MEMBER AND PRINCIPAL OFFICER ANNUAL COMPLETES A CONFLICT OF INTEREST DISCLOSURE STATEMENT DISCLOSING THE FACTS RELATING TO ANY ACUTAL OR POTENTIAL FINANCIAL INTEREST OR STATING THAT HEOR SHE HAS NO REPORTABLE FINANCIAL INTEREST THAT WOULD CONSTITUTE A CONFLICT OR POTENTIAL CONFLICT OF INTEREST AND ACKNOWLEDGEING THAT THEY REVIEWED, UNDERSTAND AND AGREE TO COMPLY WITH THE CONFLICT OF INTEREST POLICY. THE USF AND ITS AFFILIATE HAS AN EXTENSIVE CONFLICT OF INTEREST POLICY THAT ESSENTIALLY REQUIRES ANY BOARD MEMBER OR PRINCIPAL OFFICERS WITH A CONFLICT OR POTENTIAL CONFLICT OF INTEREST TO DISCLOSE THE EXISTENCE AND ALL MATERIAL FACTS REGARDING ANY INTEREST IN A TRANSACTION OR MATTER BEING CONSIDERED BY THE BOARD OR A BOARD COMMITTEE AND TO RECUSE HIMSELF OR HERSELF FROM THE MEETING IN WHICH THE TRANSACTION OR MATTER IS DISCUSSED AND VOTED UPON. Form 990, Part VI, Section B, Line 15 Form 990, Part VI, Section B, Line 15 - ALL COMPENSATION IS PAID BY THE SUPPORTED ORGANIZATION. THE SUPPORTED ORGANIZATION, THE US FUND FOR UNICEF, HAS A POLICY THAT THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS FOR THE US FUND FOR UNICEF HAS THE RESPONSIBILITY AND AUTHORITY TO DETERMINE THE NATURE AND AMOUNT OF COMPENSATION TO BE INCLUDED IN THE PRESIDENT'S CONTRACT. DURING THE CONTRACT PROCESS, A COMPARABILITY STUDY (THE "STUDY") IS CONDUCTED BY AN OUTSIDE EMPLOYEE COMPENSATION AND BENEFITS FIRM WHICH TAKES INTO CONSIDERATION COMPARABLE OTHER ORGANIZATIONS IN THE NEW YORK AREA IN DETERMINING THE TOTAL COMPENSATION OF THE PRESIDENT TO INCLUDE SALARY, BENEFITS AND INCENTIVES AS APPROPRIATE. THE SUDY IS REVIEWED BY MEMBERS OF THE COMPENSATION COMMITTEE THEN DETERMINES THE TERMS OF THE NEW WRITTEN CONTRACT BETWEEN THE ORGANIZATION AND THE PRESIDENT TO DETERMINE THE TOTAL COMPENSATION TO INCLUDE SALARY, BENEFITS AND INCENTIVES AS APPROPRIATE. THE COMPENSATION COMMITTEE REVIEWS ALSO CONDUCTS AN ANNUAL REVIEW OF THE PRESIDENT'S PERFORMANCE. ADDITIONALLY THE COMMITTEE REVIEWS THE COMPENSATION OF THE SENIOR MANAGEMENT TEAM UNDER A SIMILAR COMPARABLE PROCESS. Form 990, Part VI, Section C, Line 18 Form 990, Part VI, Section C, Line 18 - THE ORGANIZATION'S FORM 1023 AND FORM 990 ARE AVAILABLE UPON REQUEST. THE ORGANIZATION'S FORMS 990 ARE POSTED ON THE ORGANIZATION'S WEBSITE @ WWW.UNICEFUSA.ORG AND ARE ALSO AVAILABLE ON GUIDESTAR AND CHARITY NAVIGATOR. Form 990, Part VI, Section C, Line 19 Form 990, Part VI, Section C, Line 19 - THE ORGANIZATION GENERALLY DOES NOT MAKE AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY, HOWEVER, THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE AT WWW.UNICEFUSA.ORG UNITED STATES FUND FOR UNICEF 125 Maiden Lane 10th Floor New York NY 10038 131760110 Support programs through fundraising, advocacy and education that save children's lives NY 501 (C) (3) 170 (b) (1)(A)(vi) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 UNITED STATES FUND FOR UNICEF c 310068 CAPITAL CONTRIBUTION UNITED STATES FUND FOR UNICEF p 660000 REIMBURSEMENTS FOR EXPENSES PAID BY US FUND FOR UNICEF ON BEHALF OF THE US FUND FOR UNICEF IN KIND ASSISTANCE CORPORATION UNITED STATES FUND FOR UNICEF s 28041421 GRANT FROM THE US FUND FOR UNICEF IN SUPPORT OF THE USF-IKAC'S BRIDGE FUND TRANSACTIONS NOT APPLICABLE