2016-08-11T13:37:47-05:00 2015-09-30 453994797 LGC&D LLP TEN WEYBOSSET STREET - SUITE 700 PROVIDENCE RI 02903 990 2014-10-01 521889172 ROMANIAN-AMERICAN INVESTMENT FOUNDATION ROMA 2128124362 275 MADISON AVENUE 6TH FLOOR NEW YORK NY 10016 PHILLIP HENDERSON PRESIDENT 2128124362 2016-08-08 1 LYNN O'MARRA ESQUIRE P00821716 4014214800 2016-08-08 2014 2016-12-15 16:53:06Z PHILLIP HENDERSON 275 MADISON AVENUE 6TH FLOOR NEW YORK NY 10016 18059159 0 X NA X 1994 DE TO ENCOURAGE THE CREATION AND EXPANSION OF SMALL AND MEDIUM SIZED (CONTINUED ON SCHEDULE O) ENTERPRISES IN ROMANIA THROUGH LOANS AND INVESTMENTS. THE ORGANIZATION HAS AN OFFICE IN BUCHAREST AND HAS NEGOTIATED LOANS AND INVESTMENTS IN EXCESS OF $350 MILLION SINCE INCEPTION. X 11 11 2 11 0 0 0 0 293745 34792 -190428 -1248620 0 0 103317 -1213828 15000000 37798315 0 0 612426 0 0 0 0 1330469 632626 16942895 38430941 -16839578 -39644769 65305084 22675872 61372 1540466 65243712 21135406 X THE ORGANIZATION'S PURPOSE IS TO ENCOURAGE THE CREATION AND EXPANSION OF SMALL AND MEDIUM SIZED ENTERPRISES IN ROMANIA THROUGH LOANS AND INVESTMENTS. THE ORGANIZATION HAS AN OFFICE IN BUCHAREST AND HAS NEGOTIATED LOANS AND INVESTMENTS IN EXCESS OF $350 MILLION SINCE INCEPTION. 0 0 38336215 37798315 34792 THE ORGANIZATION ENCOURAGES THE CREATION AND EXPANSION OF SMALL AND MEDIUM SIZED ENTERPRISES IN ROMANIA THROUGH LOANS AND INVESTMENTS. 38336215 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 1 0 0 0 1 0 1 0 0 0 1 4 0 1 2 1 0 1 RO 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 DE X BOGDAN GIURGINCA CFO 0312251223 6 GINA PATRICHI STREET SECTOR 1 BUCHAREST RO 010449 PHILLIP HENDERSON CHAIRMAN - PRESIDENT 2.00 1.00 X X 0 0 0 MIHAI TUDOR VICE CHAIR 0.50 1.00 X X 0 0 0 WILLIAM B BEEKMAN ESQ TRUSTEE 1.00 1.00 X 0 0 0 ANNE BUSQUET TRUSTEE 0.50 1.00 X 0 0 0 MIKE GEIGER TRUSTEE 1.00 1.00 X 0 0 0 T MILLS KELLY TRUSTEE 0.50 1.00 X 0 0 0 MIRCEA MICLEA TRUSTEE 0.50 1.00 X 0 0 0 CARMEN RETEGAN TRUSTEE 0.50 1.00 X 0 0 0 IDA FS SCHMERTZ TRUSTEE 0.50 1.00 X 0 0 0 IONUT SIMION TRUSTEE 0.50 1.00 X 0 0 0 HILDY SIMMONS TRUSTEE 0.50 1.00 X 0 0 0 BOGDAN GIURGINCA TREASURER 20.00 20.00 X 109486 60851 0 ARTHUR HICKOK CORPORATE SECRETARY 2.00 2.00 X 0 0 0 EMILY GRAND ASST. CORPORATE SECRETARY 2.00 5.00 X 0 0 0 I JOHN KLIPPER FORMER PRESIDENT 0.00 X 214331 0 11310 323817 60851 11310 2 1 1 0 AXXESS CAPITAL 545 FIFTH AVENUE STE 300 NEW YORK NY 10017 INVESTMENT ADVISORY 413154 SIDLEY AUSTIN LLP ONE S DEARBORN STREET CHICAGO IL 60603 LEGAL 284608 2 PROGRAM INVESTMENTS 900099 34792 34792 34792 18024367 19272987 -1248620 -1248620 -1248620 -1213828 34792 0 -1248620 37798315 37798315 129040 75048 53992 16200 16200 278770 278770 171927 171927 2940 712 2228 115 115 19207 19207 FILING FEES 4874 2469 2405 BANKING FEES 3947 3253 694 EQUIPMENT RENTAL/MAINTE 3241 3241 0 MISCELLANEOUS EXPENSE 2365 2365 0 38430941 38336215 94726 0 9054602 19374359 70000 3132566 223583 138947 4120190 0 0 0 0 0 51836709 30000 65305084 22675872 61372 93131 0 1447335 61372 1540466 X 65243712 21135406 65243712 21135406 65305084 22675872 -39644769 -4463537 0 X X 0 1 X 1 0 X 3138633 1051990 610303 292058 34792 5127776 3138633 1051990 610303 292058 34792 5127776 0 0 0 5127776 3138633 1051990 610303 292058 34792 5127776 1.00000 1.00000 0.00000 X 0 ACCOUNTS PAYABLE RELATED TO SALE OF INVESTMENTS 1421514 CONTINGENT LIABILITES ON SALE OF INVESTMENTS 25821 1447335 1 ROMANIA 1 4 PROGRAM INVESTMENTS LOAN TO AND INVESTMENTS IN SMALL AND MID SIZE LOCAL ENTERPRISES 168947 1 4 0 0 1 4 168947 0 168947 0 0 1 0 1 0 1 ROMANIAN-AMERICAN FOUNDATION 275 MADISON AVENUE 6TH FLOOR NEW YORK NY 10016 271095214 501(C)(3) 6951157 30847158 BOOK VALUE SECURITIES & OTHER PROGRAM INVESTMENTS SUPPORT OF RECIPIENT ORGANIZATION'S TAX-EXEMPT PURPOSES 1 PART I, LINE 2: FUNDS WERE TRANSFERRED PURSUANT TO AN EXISTING AGREEMENT BETWEEN THE ORGANIZATION AND USAID. X 0 0 0 0 0 0 0 0 0 BOGDAN GIURGINCA TREASURER 14100 43107 0 17744 95386 0 0 0 0 0 109486 60851 0 0 I JOHN KLIPPER FORMER PRESIDENT 25000 0 0 0 189331 0 6250 0 5060 0 225641 0 0 0 GABRIELA ASSOUM EMPLOYEE OF INVESTMENT MANAGEMENT COMPANY LOAN OUTSTANDING TO EMPLOYEE OF IMC X 417764 138947 0 1 1 138947 I JOHN KLIPPER FORMER PRESIDENT & CEO 413154 INVESTMENT MANAGEMENT FEES 0 HORIA MANDA FORMER EMPLOYEE 413154 INVESTMENT MANAGEMENT FEES 0 SCHEDULE L, PART IV: I. JOHN KLIPPER AND HORIA MANDA ARE PARTNERS IN AXXESS CAPITAL LLC, A COMPANY THAT PROVIDES INVESTMENT MANAGEMENT SERVICES TO THE ORGANIZATION. CASH 2015-09-30 6951157 FMV 271095214 ROMANIAN-AMERICAN FOUNDATION 275 MADISON AVENUE 6TH FLOOR NEW YORK NY 10016 501(C)(3) SECURITIES AND OTHER PROGRAM INVESTMENTS 2015-09-30 30847158 BOOK VALUE 271095214 ROMANIAN-AMERICAN FOUNDATION 275 MADISON AVENUE 6TH FLOOR NEW YORK NY 10016 501(C)(3) 1 1 0 0 PART II, LINE 2E: PERSON(S) INVOLVED: PHILLIP HENDERSON SERVES AS CHAIR ON THE BOARD OF THE ROMANIAN-AMERICAN FOUNDATION. PART II, LINE 2E: PERSON(S) INVOLVED: MIHAI TUDOR SERVES AS VICE CHAIR ON THE BOARD OF THE ROMANIAN-AMERICAN FOUNDATION. PART II, LINE 2E: PERSON(S) INVOLVED: WILLIAM BEEKMAN, ANNE BUSQUET, MIKE GEIGER, T. MILLS KELLY, MIRCEA MICLEA, CARMEN RETEGAN, IDA SCHMERTZ, IONUT SIMION AND HILDY SIMMONS SERVE AS DIRECTORS ON THE BOARD OF THE ROMANIAN-AMERICAN FOUNDATION. PART II, LINE 2E: PERSON(S) INVOLVED: BOGDAN GIURGINCA SERVES AS TREASURER OF THE ROMANIAN-AMERICAN FOUNDATION. PART II, LINE 2E: PERSON(S) INVOLVED: ARTHUR HICKOK AND EMILY GRAND SERVE AS CORPORATE SECRETARY AND ASSISTANT CORPORATE SECRETARY RESPECTIVELY, OF THE ROMANIAN-AMERICAN FOUNDATION. FORM 990, PART VI, SECTION A, LINE 6 AS A DELAWARE NONSTOCK CORPORATION, THE ORGANIZATION HAS MEMBERS. THE ORGANIZATION'S MEMBERS ARE THE TRUSTEES AS LONG AS THEY REMAIN TRUSTEES. THE MEMBERS ELECT THE TRUSTEES AND HAVE CERTAIN ADDITIONAL RIGHTS OF APPROVAL AS MEMBERS AS PROVIDED BY DELEWARE LAW. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ARE ELECTED BY CURRENT MEMBERS OF THE ORGANIZATION AND HOLD OFFICE FOR UP TO THREE YEARS DEPENDING ON THEIR DESIGNATED CLASS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS ELECT THE DIRECTORS/TRUSTEES AND HAVE CERTAIN ADDITIONAL AUTHORITY UNDER DELAWARE LAW. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM USING THE ORGANIZATION'S CERTIFIED FINANCIAL RECORDS AND THROUGH DISCUSSIONS WITH THE ORGANIZATION'S PRESIDENT AND CHIEF FINANCIAL OFFICER. THE PRESIDENT THEN REVIEWS THE FORM 990 WITH THE MEMBERS OF THE ORGANIZATION'S BOARD OF TRUSTEES. EACH MEMBER IS PROVIDED WITH ACCESS TO THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S INDEPENDENT AUDITORS CONFIRM WITH EACH DIRECTOR/TRUSTEE AND KEY EMPLOYEE THAT THEY HAVE COMPLIED WITH THE POLICY'S REQUIREMENTS DURING THE ORGANIZATION'S ANNUAL AUDIT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS/TRUSTEES REVIEWS ALL OFFICER SALARIES AND APPROVES ALL INCREASES AND/OR COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE ORGANIZATION. THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE NOT MADE PUBLIC. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS OF THE ORGANIZATION'S AUDIT HAS REMAINED UNCHANGED FROM THE PRIOR YEAR. ROMANIAN SUBSIDIARY OF THE ROMANIAN-AMERICAN INVESTMENT FOUNDATION 6TH GINA PATRICHI SECTOR 1 BUCHAREST RO 010449 OPERATING ENTITY RO ROMANIAN-AMERICAN INVESTMENT FOUNDATION 0 RCM INVESTORS INC 545 FIFTH AVENUE SUITE 300 NEW YORK NY 10017 522298492 DORMANT ENTITY DE ROMANIAN-AMERICAN INVESTMENT FOUNDATION 0 ROMANIAN-AMERICAN FOUNDATION 275 MADISON AVENUE 6TH FLOOR NEW YORK NY 10016 271095214 TO PROMOTE CONDITIONS FOR A STABLE ROMANIAN MARKET ECONOMY DE 501(C)(3) 11 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0