2017-10-16T08:47:22-05:00 2016-12-31 WithumSmithBrown PC 1 SPRING STREET NEW BRUNSWICK NJ 08901 990 2016-01-01 133706646 FUND FOR ARMENIAN RELIEF INC % GARNIK NANAGOULIAN FUND 2128895150 630 SECOND AVENUE NEW YORK NY 10016 GARNIK NANAGOULIAN EXECUTIVE DIRECTOR 2128895150 2017-09-29 true Catherine Bendall P00521196 7328281614 198.46.120.251 22006220172895000234 2017-10-16 P AD647486534EB9B555415F05E4D95E35A3E36B0E A002FB7F92E96386635A98448BCBDDA67D54405C 2016 2021-01-29 14:40:06Z GARNIK NANAGOULIAN 630 SECOND AVENUE NEW YORK NY 10016 6767264 false X www.farusa.org X 1993 NY FAR provides short-term emergency relief and implements long-term programs for economic growth and social development of Armenia by helping the children and elderly. 19 18 3 17 0 3064468 4852806 43300 56770 32775 262241 9323 6768 3149866 5178585 2435794 2299916 0 0 812630 877931 0 0 188762 1412395 1496844 4660819 4674691 -1510953 503894 13645084 14176374 175888 101407 13469196 14074967 X FAR is dedicated to honoring the past, empowering the present and ensuring the future for people in Armenia. FAR gives hope, guidance and opportunity to those in need, empowering them to create a better present and helping them pave the way to a stronger future. FAR PROVIDES SHORT TERM EMERGENCY RELIEF AND IMPLEMENTS LONG-TERM PROGRAMS FOR THE ECONOMIC GROWTH AND SOCIAL DEVELOPMENT OF ARMENIA. IT HELPS THE MOST VULNERABLE SEGMENTS OF THE POPULATION - CHILDREN AND THE ELDERLY - AND PREPARES PROFESSIONALS TO LEAD THEIR NEWLY INDEPENDENT COUNTRY. HEADQUARTERED IN NEW YORK, FAR HAS THREE OFFICES IN ARMENIA. 150 OF THE ORGANIZATION'S 153 FULL-TIME EMPLOYEES ARE LOCATED IN YEREVAN, GYUMRI, VANADZOR, AND OTHER LOCATIONS IN ARMENIA. FAR CATERS ITS GENERAL RELIEF AND DEVELOPMENT PROGRAMS TO THE CHANGING NEEDS OF THE PEOPLE OF ARMENIA. CURRENTLY, FAR CONCENTRATES ITS EFFORTS ON HUMANITARIAN AID, SOCIAL AND ECONOMIC DEVELOPMENT, AND EDUCATIONAL AND PROFESSIONAL ADVANCEMENT. SINCE ITS INCEPTION, F false false 1388471 384545 Humanitarian Programs - See Schedule O for program description 1053335 346476 56770 Social and Educational Programs - see Schedule O for program description 1410194 237432 Agriculture and Economic Development - see Schedule O for program description. 203681 4266 AGRICULTURE AND ECONOMIC DEVELOPMENT 203681 4266 4055681 true true false false false false false false false true true true false true false true false true false true true true true false false false false false false false false false false false false false false false true false false false true true true false false false true X 5 0 true 3 true false true AM false false false false false false false false X 19 18 false false false false false false false true true false false false true true true true true true true false FL MI NY X GARNIK NANAGOULIAN 2126860710 630 SECOND AVENUE NEW YORK NY 10016 ABP Khajag Barsamian President 2.0 0.0 X X 0 0 0 Randy Sapah-Gulian Chairman 2.0 0.0 X X 0 0 0 Carl Bazarian Vice Chairman 2.0 0.0 X X 0 0 0 Annette Choolfaian Vice Chairman 2.0 0.0 X X 0 0 0 Dennis Tarzian Treasurer 2.0 0.0 X X 0 0 0 Pontish Yeramyan Assistant Secretary 2.0 0.0 X X 0 0 0 Bonnie Barsamian BOARD MEMBER 1.0 0.0 X 0 0 0 Nishan Atinizian Board member 1.0 0.0 X 0 0 0 GARNIK NANAGOULIAN EXECUTIVE DIRECTOR 40.0 0.0 X X 140331 0 3000 REV FR YEPREM KELEGIAN BOARD MEMBER 1.0 0.0 X 0 0 0 James Kalustian BOARD MEMBER 2.0 0.0 X 0 0 0 Marta Batmasian Secretary 2.0 0.0 X X 0 0 0 Dr Aram Chobanian BOARD MEMBER 1.0 0.0 X 0 0 0 Edward Mardigian Board member 1.0 0.0 X 0 0 0 Gregory Toufayan Board member 1.0 0.0 X 0 0 0 Armen Avanessians Board member 1.0 0.0 X 0 0 0 Oscar Tatosian BOARD MEMBER 1.0 0.0 X 0 0 0 Ara Hacet Board member 1.0 0.0 X 0 0 0 SANDRA SHAHINIAN BOARD MEMBER 1.0 0.0 X 0 0 0 BAGRAT SARGSYAN COUNTRY DIRECTOR 40.0 0.0 X 0 48324 0 140331 48324 3000 1 false false false 0 X 275000 4577806 824385 4852806 YOUNG PROFESSIONALS PROGRAM FEES 900099 55835 55835 FAR-ACYOA PROGRAM FEES 900099 935 935 56770 292712 292712 0 0 0 0 0 1558208 1588679 -30471 -30471 -30471 0 0 0 0 0 0 0 0 0 OTHER INCOME 900099 6768 6768 6768 5178585 63538 262241 X 0 0 2299916 2299916 0 188655 82247 106408 0 658067 594119 16165 47783 0 9313 9313 21896 10088 8399 3409 0 0 65750 65750 0 0 40022 12976 27046 501063 359948 17515 123600 10366 4556 5445 365 89645 57140 32451 54 11000 11000 0 108679 53693 54986 126944 112712 14232 0 74457 54656 19801 327 327 0 44674 30791 13883 23892 23892 PROJECT SUPPLIES 364589 364589 TRANSPORT 18496 17580 916 MISCELLANEOUS 3389 343 3046 SPECIAL EVENT EXPENSES 13551 13551 4674691 4055681 430248 188762 X 65721 21411 3737191 2808413 2203877 2095576 0 0 0 0 0 0 9158 4346 0 227613 4435 1765 1682924 373167 1339656 1309757 1635623 2762553 3067713 3134347 0 0 0 0 1581710 1810593 13645084 14176374 175888 101407 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 175888 101407 X 2564289 2932437 7039834 7027349 3865073 4115181 13469196 14074967 13645084 14176374 X 503894 74156 27721 X false true X true false X 3651446 7872674 4032715 3064468 4852806 23474109 0 0 3651446 7872674 4032715 3064468 4852806 23474109 5335385 18138724 373864 404887 237162 32775 292712 1341400 0 3641 8024 281 6768 18714 24834223 162641 0.73039 0.85519 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3067713 68800 213269 215435 3134347 3337926 14895 -69040 216068 3067713 3344254 115725 86490 208543 3337926 3175827 46224 326329 204126 3344254 2939105 68715 336438 168431 3175827 0.74000 0.26000 true false 1295518 92274 1213016 117513 91439 29991 151483 120319 58124 118411 113788 8626 1309757 INVESTMENTS HELD BY ACEF 3134347 F 3134347 BENEFICIAL INTEREST 1810593 1810593 0 0 X 5280883 74156 28142 102298 5178585 5178585 4674691 4674691 4674691 PART V, LINE 4 THE ENDOWMENT FUNDS INCLUDE BOTH DONOR RESTRICTED PRINCIPAL AND UNAPPROPRIATED EARNINGS ON THOSE FUNDS. THE DONOR RESTRICTED ENDOWMENTS ARE USED TO PROVIDE FUNDING FOR SPECIFIC PROGRAMS OF THE AGENCY AS WELL AS TO PROVIDE SUPPORT FOR OTHER PROGRAMMATIC AND GENERAL OPERATIONS OF THE ORGANIZATION. REVENUE RECONCILIATION There was a change in value of beneficial interest of 28,142 not included in revenue, but was shown as an other adjustment to net assets in Part XII. FIN 48 DISCLOSURE The Fund is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Accordingly the financial statements do not reflect a provision for Federal income taxes. There were no uncertain tax positions at December 31, 2016. In addition, no income tax related penalties or interest have been recorded for the year ended December 31, 2016. true Russia and the Newly Independent States 2 92 Program Services Humanitarian aid 4674691 2 92 2 92 4674691 4674691 Russia and the Newly Independent States Operational expenses including research grants 67500 bank wire Russia and the Newly Independent States CHILDREN OF ARMENIA SPONSOSHIP PROGRAM - PROVIDES AID TO ORPHAN CHILDREN AND THE FAMILIES THAT FOSTER THEM IN THE FORM ON MONTHLY STIPENDS 27430 bank wire Russia and the Newly Independent States SCHOOL REHABILIATION GRANT 29865 bank wire Russia and the Newly Independent States OPERATIONAL EXPENSES FOR OLD AGE HOME. 98026 bank wire Russia and the Newly Independent States Purchase of agricultural equipment 11988 bank wire Russia and the Newly Independent States OPERATIONAL EXPENSES FOR CHILDRENS RECEPTION AND PLACEMENT CENTER 273371 bank wire Russia and the Newly Independent States OPERATIONAL ASSISTANCE AND GRANT TO ORGANIZE it TRAININGS. 76190 bank wire Russia and the Newly Independent States School REnovation 9835 bank wire Russia and the Newly Independent States OPERATIONAL EXPENSES 11976 bank wire Russia and the Newly Independent States construction of potable water line 12386 bank wire Russia and the Newly Independent States Assistance for canned food production 8423 bank wire Russia and the Newly Independent States RENOVATIONS and potable water line 21985 bank wire Russia and the Newly Independent States Purchase of Agricultural Equipment 9055 bank wire Russia and the Newly Independent States Renovation of sanitary units 7804 bank wire Russia and the Newly Independent States FINANCIAL ASSISTANCE TO ORGANIZE CONCERTS 10530 bank wire Russia and the Newly Independent States Construction of Potable water line, purchase of agricultural equipment and renovation of heating system in medical facility 25000 bank wire Russia and the Newly Independent States Playground construction and purchase of agricultual equipment 12063 bank wire Russia and the Newly Independent States School reconstruction and technology class repair 5850 bank wire Russia and the Newly Independent States Construction of a potable water line 12420 bank wire Russia and the Newly Independent States SChool construction 5794 bank wire Russia and the Newly Independent States School renovations 5045 bank wire Russia and the Newly Independent States school renovation 6897 bank wire Russia and the Newly Independent States Purchase of Agricultural Equipment 7161 Bank wire Russia and the Newly Independent States Gym renovation 7571 Bank wire Russia and the Newly Independent States Floor and pipe system renovations 11457 Bank wire Russia and the Newly Independent States Sculpture construction 19989 Bank wire Russia and the Newly Independent States Gulamerian Ashtarak Youth Center construction 333000 Bank wire 7 ANSEF grants Russia and the Newly Independent States 33 161242 bank wire Soup Kitchens Russia and the Newly Independent States 6 9825 bank wire Emergency assistance Russia and the Newly Independent States 176 28738 bank wire Educational fees for orphans and others Russia and the Newly Independent States 489 266499 bank wire Orphan assistance Russia and the Newly Independent States 65 11554 bank wire GENERAL ASSISTANCE Russia and the Newly Independent States 695 127423 bank wire Shoes and clothing donations Russia and the Newly Independent States 490774 Clothing Local value Medical Equipment and supplies donations Russia and the Newly Independent States 85079 Equipment/supplies Local value true false true false false false SCHEDULE F - PART I A. Beneficiaries within a FAR program/project: - a description, of a given FAR program/project is approved by the FAR Board of Directors. - a description includes a budget, definition of a beneficiary, specific criteria of the selection process, and amount of individual payments to a beneficiary. - beneficiaries are selected on a highly competitive basis, criteria is checked and double checked (including by visiting the residence of a beneficiary, requesting relevent documents, etc) first, by a specific project manager, then by a Selection Committee - to ensure eligibility of enrollment into a project. - the selection process is entirely transparent: for each program a Selection Committee is established that includes FAR field officers, and/or Directors, and/or non-FAR members - at the time of the annual evaluation of given program (usually in January following the calendar year) application of all criteria is thoroughly reviewed b. Grant Beneficiaries - proposals on grant making are prepared by FAR field officers, or any other FAR officers or Directors. The proposals are evaluated by a group, that consists of the Executive Director, the Treasurer and a Director assigned to the relevant area of FAR activities (like healthcare, education, child protection, etc). Decision on grant making is made by the FAR Board of Directors based on the proposals specified above. - one time grants (usually at a donor wish) are processed the same way as regular grants. Donor-proposed grants that may contradict established FAR policies, are turned down. - at the time of the annual evaluation of a given program (usually in January following the calendar year) application of all criteria is throughly reviewed. In every case, potential conflict of interest is taken into strong consideration; transparency, accountability and completive basis of beneficiary selection is strongly pursued. X 598788 market value Armenia X 2 21168 FMV X HYGIENE SUPPLIES 48 151673 Market value Armenia X Medical equipment 52 52796 Market value Armenia false true false PART VI- SECTION C, QUESTION 19 THE ORGANIZATION MAKES ITS FORM 990, CONFLICT OF INTEREST POLICY, FORM 1023 AND THE AUDITED FINANCIAL STATEMENTS AVAILABLE UPON REQUEST FROM THE ORGANIZATION. PART VI- SECTION B, QUESTION 11B A COPY OF THE COMPLETED FORM 990 WAS PROVIDED TO ALL MEMBERS OF THE AUDIT AND FINANCE COMMITTEES OF THE BOARD FOR THEIR REVIEW AND APPROVAL BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. PART VI- SECTION B- QUESTION 15B- COMPENSATION PROCESS The FAR bylaws establish the list of FAR officers eligible for compensation and specifically excludes the directors other than the Executive Director. There is a standing policy, established by the Board of Directors, regarding compensation and benefits for all officers and employees. Salaries are approved annually in the budget that is passed by the board. Salary increases for key employees, when given, include a review of comparable salaries at similar nonprofit organizations by the appropriate committees of the board. PART VI- SECTION B, QUESTION 12C Conflict of interest questionnaires are completed annually by board members and key employees. These are reviewed by management for potential conflicts. Any conflicts noted would be reviewed by the board for consideration and appropriate resolution. SCHEDULE F, PART II, QUESTION 3 PAYMENTS ARE MADE TO ORGANIZATIONS IN ARMENIA, WHICH INCLUDE NGO'S, CHARITABLE FOUNDATIONS, WHICH ARE EQUIVALENT TO NGO'S FOR CERTAIN ORGANIZATIONS IN ARMENIA, AND SCHOOLS, UNIVERSITIES AND THE DIOCESE OF THE ARMENIAN CHURCH. THESE SCHOOLS, UNIVERSITIES AND THE DIOCESE DO NOT HAVE 501(C)(3) OR EQUIVALENT STATUS IN ARMENIA AS THIS IS NOT A PRACTICE THERE. HOWEVER, THESE ORGANIZATIONS ARE EQUIVALENT TO 501(C)(3) ORGANIZATIONS IN THE UNITED STATES AS THEY ARE EDUCATIONAL INSTITUTIONS OR RELIGIOUS ORGANIZATIONS. PART XI, LINE 5- OTHER CHANGES IN NET ASSETS CHANGE IN VALUE OF BENEFICIAL INTEREST OF 28,142 WAS RECORDED FOR THE YEAR ENDED DECEMBER 31, 2016. THIS HAS BEEN SHOWN AS AN OTHER CHANGE IN NET ASSETS FOR THE FORM 990 PREPARATION. Page 2, Part III, Line 4a - Humanitarian Aid Program description Humanitarian Aid - includes financial assistance to soup kitchens, nursing homes and senior centers providing hot and nutritious meals, housing and medical care to the most destitute seniors throughout Armenia. Also includes crisis intervention and rehabilitation for children by providing financial assistance, medical and psychological care, nutritious food, clothing, and educational and recreational materials as well as costs of renovating and furnishing the homeless children's center and orphanges in Armenia. Provides immediate relief programs in the devastated areas to those in need. In 2005, FAR partnered with the Armenian government to develop the nations first foster care program. Today FAR continues to work with UNICEF-Armenia to make sure children end up in good homes instead of state institutions. Many children who come to the center for help are eventually taken in by foster parents. The center leads efforts to improve the National Child Protection System, which utilizes all available resources for children in need and lobbies to improve the governments existing child protection system. In this vein, FAR continually builds the capacity of child and family care specialists, raises awareness by lobbying for childrens rights and family protection, develops social technologies aimed to identify children and families at-risk, and expands and strengthens the nations foster care system. FAR was founded in the midst of a humanitarian emergency when an earthquake struck Armenia in 1988. Meeting the critical needs of the most destitute through housing, medical care and nutrition has been a core mission of FAR ever since. Through support to soup kitchens, hot and nutritious meals are prepared and served to the poor and elderly every day. The Vanadzor Old Age Home (VOAH), which has been supported by FAR since 2002, provides direct care to poverty-stricken residents and homebound seniors in the area. All of these programs provide beneficiaries additional access to medical care and social services, as well as a social outlet for those in need. These services are especially necessary in a nation where at least half of the population lives below the poverty line, suffering from malnutrition and sickness. The poverty has a particularly harsh effect on the elderly, as many of those suffering are at least 60 years old. Page 2, Part III, Line 4b - Social and Economic Programs Social and Educational Programs - Provides scholarship, vocational training, financial assistance/living stipends, and housing to orphan students and students from underprivileged families throughout Armenia. Carving out educational opportunity for Armenias youth is an integral part of FARs mission. Since the 1990s, FAR has taken significant steps to invest in Armenian education at all levels. Its efforts in the construction and renovation of more than 10 schools has helped to combat a high drop out rate and provided more opportunity to students. Also, with the escalating cost of both public and private universities, many students are unable to move on to higher education. FAR provides scholarships to help hundreds of young Armenians attend university and vocational training programs each year. This has transformed lives and has helped to lay the foundation for a sustainable knowledge-based economy in a country where the educational system has been plagued with budget shortfalls and lack of public funding. Almost 25 percent of students do not reach high school and children with disabilities have limited access to basic education. By investing in these major programs throughout the country, FAR provides not only opportunity for individuals to enrich their lives, but also strengthens Armenian society as a whole. Page 2, Part III, LIne 4c - Agriculture and Economic Programs Agriculture and Economic Development - includes expenses that will help stimulate Armenias economy by building and renovating educational facilities, by assisting young Armenians in gaining marketable skills and in acquiring new jobs through innovative educational programs. FAR has developed a grants program to promote the implementation of research projects by scientists in Armenia. Also includes one project designed to help a community business development and support center by building a facility for agro products collection and cool storage. Page 2, Part III, 4d - Other Programs Medical Projects - includes expenses for programs to provide access to the latest medical technologies, to improve the continued medical education of doctors and to enhance medical research throughout Armenia. FAR has always been committed to creating and supporting the expansion of excellent medical care as a way to improve the quality of life for Armenians. Armenia boasted one of the most highly developed health care systems prior to its independence from the Soviet Union, under which everyone was guaranteed free and adequate medical care regardless of status. After independence, this system disintegrated entirely. This means that today most doctors and healthcare workers are largely unable to afford the training needed to stay abreast of the latest methodologies and technologies and are constantly faced with a shortage of equipment and supplies. FORM 990 PART IX LINE 11G DESCRIPTION:PROFESSIONAL FEES TOTAL FEES:88333 FORM 990 PART IX LINE 11G DESCRIPTION:CONTRACT LABOR TOTAL FEES:292907 FORM 990 PART IX LINE 11G DESCRIPTION:CASUAL LABOR TOTAL FEES:28023 FORM 990 PART IX LINE 11G DESCRIPTION:COMMUNICATION CONSULTANTS TOTAL FEES:91800 GORTCARAR HOF LCC 22 M KHORENATSI STREET YERVEVAN AM 0010 981255167 AGRICULTURE AM 421 FAR CHILDRENS SUPPORT CENTER FOUNDATION 64 K ULNETSI STREET YEREVAN AM ORPHANAGE AM n/a NGO FAR true VANADZOR OLD AGE HOME FOUNDATION 8 MAIMEKHI STREET VANADZOR AM OLD AGE HOME AM n/a NGO FAR true GYUMRI INFORMATION TECHNOLOGIES CENTER ANKAKHUTYAN 9 GYUMRI AM 3101 SCHOOL AM n/a NGO FAR true false true false false false false false false false false false false false false false false false false CHILDREN SUPPORT CENTER FOUNDATION 1B 219019 GRANT REQUEST GYUMRI INFORMATION TECHONOLOGY CENTER FDTN 1B 66191 GRANT REQUEST VANADZOR OLD AGE HOME FOUNDATION 1B 98026 GRANT REQUEST