2016-11-15T10:41:29-06:00 2015-12-31 042666565 John M Monticone CPA 5 High Street Suite 207 Medford MA 02155 990 2015-01-01 743087284 THE TANZANIAN CHILDRENS FUND INC TANZ 6179133763 9 WATERHOUSE STREET CAMBRIDGE MA 02138 Todd Cronan TREASURER 6179133763 2016-11-09 1 John Monticone P01257043 7813950024 X 2015 2017-02-10 21:41:12Z TODD CRONAN 9 WATERHOUSE STREET CAMBRIDGE MA 02138 2233094 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 94 children in the Karatu District of Tanzania, as well as additional community-based programs to improve the lives of children and their families. 11 8 4 59 0 0 1411161 1983855 85682 65648 20651 37310 671 0 1518165 2086813 1050724 1102055 0 0 174712 168269 0 0 106714 149057 203685 1374493 1474009 143672 612804 2333885 2871283 10526 2109 2323359 2869174 X The Tanzanian Children's Fund provides support for the Rift Valley Children's Village (RVCV) which provides a permanent home for 94 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 1264707 1102055 0 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 94 children, in addition to providing support to 17 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 (467 and 320 students respectively), a microfinance program serving 591 active clients, and a community rural health clinic. 1264707 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 12 0 1 4 1 0 0 0 0 0 0 0 0 X 11 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 61000 0 0 TODD CRONAN TREASURER 2.00 X X 0 0 0 SALLIE BEAR FINANCE COMM.CHAIR 2.00 X 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 MANAGING DIRECTOR 2.00 X X 0 0 0 JODY DRAKE CHAIR 2.00 X X 0 0 0 LINDA HAYES DIRECTOR 2.00 X 0 0 0 ELEANOR DOAR SECRETARY 2.00 X X 0 0 0 WILLIAM GRAY ALUMNI TRUSTEE 2.00 X 0 0 0 61000 0 0 0 0 0 0 0 1983855 111874 1983855 Volunteer Admin. Fees 561000 65648 65648 65648 23147 23147 160444 146281 14163 14163 14163 2086813 0 0 102958 1102055 1102055 61000 50400 10600 98853 6747 49677 42429 8416 589 4208 3619 4500 4500 8250 8250 22366 6138 16228 9850 1585 3516 4749 6307 4107 1100 1100 5586 3289 1100 1197 16643 3620 178 12845 94 94 18830 11287 7543 Sub-Contractors 66000 66000 Printing 17425 3945 13480 Supplies 12773 12773 Bank Service Charges 10553 10553 4508 2255 1786 467 1474009 1264707 102588 106714 802159 1195804 77391 105712 38800 4007 3971 130 36 343728 483094 1110477 1047612 225 2333885 2871283 10526 2109 10526 2109 X 2245914 2838121 77445 31053 2323359 2869174 2333885 2871283 612804 -66989 0 X X 0 1 X 1 0 X 1027650 1335321 1475040 1411161 1983854 7233026 1027650 1335321 1475040 1411161 1983854 7233026 773525 6459501 6867 16593 17761 21772 54369 117362 7350388 0.87880 0.89040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1596596 632214 -29739 531761 1667310 1441630 372981 218015 1596596 1136217 976890 671477 1441630 781686 354531 1136217 0.97410 0.02590 0 0 4007 3971 36 36 ISHARES BARCLYS 1-3 YEARS 330572 F ISHARES RUSSELL 1000 365326 F VANGUARD DIVIDEND 351714 F 1047612 X 2019824 -66989 -66989 2086813 0 2086813 1474009 0 1474009 0 1474009 Part V, Line 4: The board designated fund has the following intended use: Rainy Day Operating and/or Capital Costs: $ 1,379,824 - 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: $ 244,317 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: $12,277 Set up as a separate account for all monies donated by an individual donor for specific sponsorships. Building Fund Gyetighi Primary School Fund: $3,497 - Restricted contributions from donors for the capital cost of a Primary School Building. Oldeani Capital Fund: $15,279 - Restricted contributions from donor to help with the capital cost of the Oldeani Secondary School. 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, 2015. 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, 2012 are open to examination. 1 Sub-Saharan Africa - Angola, 0 0 Program Service Support for the RIFT Valley Children's Village, in Karatu, Tanzania 1102055 0 0 0 0 0 0 1102055 0 1102055 Sub-Saharan Africa - Angola, Support for the Rift Valley Children's Village, in Karatu, Tanzania 1102055 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. X 15 111874 Market value 0 0 0 Part I, Column (b): United Parcel SVC CL 700 shares $ 70,434 L-3 Commnctns Hldgs 82 shares 10,040 Nike Inc CL B 19 shares 2,548 Exxon Mobil Corp 66 shares 5,175 Microsoft Corp. 36 shares 2,009 Intel Corp 150 shares 5,213 Microsoft Corp 36 shares 1,979 Columbia Acorn Fund 32 shares 610 Ishares Russell Midcap 32 shares 5,124 Procter & Gamble Co. 27 shares 2,080 RPM International 43 shares 1,907 Microsoft Corp 64 shares 3,392 Microsoft Corp 19 shares 1,042 Dodge & Cox Stock 2 shares 321 Total $ 111,874 Form 990, Part VI, Section B, line 11 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 $1,102,055 from the organization during the year 2015. India and Peter's participation in the board of director of RVCF allows them to monitor the use of these grants.