2017-08-03T15:25:23-05:00 2016-12-31 042666565 John M Monticone CPA 5 High Street Suite 207 Medford MA 02155 990 2016-01-01 743087284 THE TANZANIAN CHILDRENS FUND INC TANZ 6179133763 9 WATERHOUSE STREET CAMBRIDGE MA 02138 Todd Cronan TREASURER 6179133763 2017-08-03 1 John Monticone P01257043 7813950024 X 98.217.9.124 2017-08-03 16:27:17 ED P A0A741420186AF2E01A308A857403BB56DE812AB 3699194807B03804F959C514A9EAE3623A43C2EB 2016 2021-01-29 14:40:06Z TODD CRONAN 9 WATERHOUSE STREET CAMBRIDGE MA 02138 2443714 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. 10 8 4 74 0 0 1983855 2077870 65648 54380 37310 23480 0 4005 2086813 2159735 1102055 1157127 0 0 168269 208818 0 0 147999 203685 243576 1474009 1609521 612804 550214 2871283 3630124 2109 9110 2869174 3621014 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 1340527 1157127 54380 The Tanzanian Children's Fund provides direct support to Rift Valley Children's Fund (RVCF) in Oldeani, Tanzania, whose primary objective is to support orphaned and 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 16 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 (464 and 365 students respectively), a microfinance program serving 620 active clients, and a community rural health clinic. 1340527 1 1 0 0 0 0 0 0 0 1 1 1 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 1 0 0 0 0 0 0 0 0 1 11 0 1 4 1 0 0 0 0 0 1 1 0 0 X 10 8 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 TODD CRONAN 6179133763 9 WATERHOUSE STREET CAMBRIDGE MA 02138 INDIA HOWELL EXECUTIVE DIRECTOR 70.00 X X 70000 0 0 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 DIRECTOR 2.00 X X 0 0 0 JODY DRAKE BOARD CHAIR 2.00 X X 0 0 0 LINDA HAYES FINANCE COMMITTEE CHAIR 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 70000 0 0 0 0 0 0 0 30015 2047855 87673 2077870 Volunteer Admin. Fees 561000 54380 54380 54380 39449 39449 263690 279659 -15969 -15969 -15969 8325 30015 4320 4005 4005 2159735 0 0 81865 1157127 1157127 70000 56000 14000 128762 7854 64314 56594 10056 613 5023 4420 8250 8250 36487 5841 30646 9465 1003 4174 4288 11699 5233 6466 5451 1683 1810 1958 16353 1308 212 14833 36 36 22423 15109 7314 Sub-Contractors 64944 64944 Supplies, including shi 32019 31795 224 Bank and credit card fe 17915 16942 973 Printing 13447 987 12460 5087 3091 859 1137 1609521 1340527 120995 147999 1195804 1288166 105712 178863 38800 0 4007 4007 36 0 483094 757595 1047612 1405275 225 225 2871283 3630124 2109 9110 2109 9110 X 2838121 3578265 31053 42749 2869174 3621014 2871283 3630124 550214 201626 0 X X 0 1 X 1 0 X 1335321 1475040 1411161 1983854 2077870 8283246 1335321 1475040 1411161 1983854 2077870 8283246 737845 7545401 16593 17761 21772 54369 23480 133975 8417221 8325 0.89640 0.87880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1667310 712652 225021 233827 2371156 1596596 632214 -29739 531761 1667310 1441630 372981 218015 1596596 1136217 976890 671477 1441630 781686 354531 1136217 0.98200 0.00000 0.01800 0 0 4007 4007 0 0 ISHARES BARCLYS 1-3 YEARS 353423 F ISHARES RUSSELL 1000 377736 F VANGUARD DIVIDEND 369255 F ISHARES CORE S&P 500 ETF 304861 F 1405275 X 2365682 201627 4320 205947 2159735 0 2159735 1613841 4320 4320 1609521 0 1609521 Part V, Line 4: The board designated fund has the following intended use: Rainy Day Operating and/or Capital Costs: $ 1,548,660 - 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: $ 779,747 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. Boniface Children Fund: $13,326 Set up as a separate account for all monies donated by an individual donor for specific sponsorships. Building Fund Gyetighi Primary School Fund: $2,312 - Restricted contributions from donors for the capital cost of a Primary School Building. Oldeani Capital Fund: $4,333 - Restricted contributions from donor to help with the capital cost of the Oldeani Secondary School. Other Restricted Funds: $ 22,778 - Funds restricted by donor for Teen Counseling and the compilation of Field and Administrative Policies and Procedures. 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, 2016. 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, 2013 are open to examination. Part XI, Line 2d - Other Adjustments: Fundraising event direct expenses 4,320. Part XII, Line 2d - Other Adjustments: Fundraising direct expenses net against revenue 4,320. 1 Sub-Saharan African - Angola 0 0 Program Services Support for the RIFT Valley Children's Village, Karatu, Tanzania 1335545 0 0 0 0 0 0 1335545 0 1335545 Sub-Saharan Africa - Angola, Support for the Rift Valley Children's Village, in Karatu, Tanzania 1157127 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. Cattail Creek Country Club 38340 30015 8325 4320 38340 30015 8325 4320 4320 4005 X 16 87673 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 a members of the Rift Valley Children's Fund (RVCF) , who received grants for $1,157,127 from the organization during the year 2016. India and Peter's participation in the board of director of RVCF allows them to monitor the use of these grants.