2016-02-15T10:02:17-08:00 2015-03-31 BCA WATSON RICE LLP 5 PENN PLAZA 15TH FL NEW YORK NY 100011810 990 2014-04-01 203074517 TRUSTAFRICA TRUS 1338694691 Lot 87 Sacre Coeur 3 Pyrotechnie x VDN BP 45435 SG DAKAR-FANN TENDAI MURISA CEO 2016-02-15 true CAZEMBE BEKTEMBA CPA P00642018 2124477300 2014 2016-08-17 19:52:53Z Tendai Murisa 10816547 false false X www.trustafrica.org X 2005 DC Promote peace, democracy and economic prosperity in Africa. 9 8 19 8 0 6363622 10606617 0 15581 81351 20416 121103 6399619 10809071 2980729 1971192 0 1205190 1273770 18665 18665 2059940 3057944 6245859 6321571 153760 4487500 9370609 14078723 1487567 1668421 7883042 12410302 Promote peace, democracy and economic prosperity in Africa. false false 2695093 716482 Equitable Development - See Attachment 2003781 1219359 Civil Society and Democracy - See Attachment. 132095 35351 African Philanthropy - See Attachment. 4830969 true true false false false false false false false false true false false false false false true false false true true true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 5 0 true 19 true false false true OC false false false false false 0 false false false false false false false false false false X 9 8 false false false false false false false true true false false true true true true true true true false false DC NY X X Tendai Murisa 1338694691 Lot 87 Sacre Coeur 3 Pyrotechnie x VDN Sub-Saharan Afric OC BP 45435 Diallo Aicha Bah Chairperson 1.00 0.00 X X 0 0 0 Gerry Salole Trustee 1.00 0.00 X 0 0 0 Bishop Malusi Mpulwana Trustee 1.00 0.00 X 0 0 0 Tade Aina Trustee 1.00 0.00 X 0 0 0 Janet Naumi Mawiyoo Trustee 1.00 0.00 X 0 0 0 ASSEFA BEQUELE Trustee 1.00 0.00 X 0 0 0 Natalia Kanem Trustee 1.00 0.00 X 0 0 0 KARIM TAZI Trustee 1.00 0.00 X 0 0 0 TENDAI MURISA CEO 40.00 0.00 X X 87115 0 22744 Akwasi Aidoo CEO 40.00 0.00 X X 95996 0 48679 Rose Maruru Dir. of Oper 40.00 0.00 X 78188 0 19539 261299 90962 0 false false false 0 200000 10406617 10606617 0 81351 81351 0 0 2630 7476 -4846 -4846 -4846 0 0 0 0 Other Revenue 900099 24 24 overhead Income 900099 125925 125925 125949 10809071 125949 76505 0 0 1971192 1971192 0 357025 72054 284971 0 787625 475989 311636 67530 55972 11558 34347 4592 29755 27243 5911 21332 0 13965 13965 13000 13000 0 18665 18665 0 336080 295761 40319 0 262284 80878 181406 75406 75406 0 65032 39636 25396 131222 88385 42837 0 1740847 1514991 225856 0 0 76681 76681 14006 14006 Program Technical Assistance 225608 225608 Staff recruitment & relocation 93596 93596 Membership dues 10217 10217 0 6321571 4830969 1471937 18665 421716 2637135 7116098 7505196 1486465 3489915 0 0 0 0 0 100607 64942 728619 427216 238938 301403 0 0 0 0 6785 80132 9370609 14078723 484760 553922 1002807 1114499 1487567 1668421 X 7883042 12410302 7883042 12410302 9370609 14078723 X 4487500 39760 X false true X true false X 7088732 6047663 6424417 6363622 10606617 36531051 0 0 7088732 6047663 6424417 6363622 10606617 36531051 24528354 12002697 44728 41471 18296 15581 81351 201427 0 0 36732478 167690 0.32680 0.32440 X Current Year Facts and Circumstances: See attached "Facts and Circumstances" of TrustAfrica as Publicly-supported Organization. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 143277 26772 116505 29024 28730 294 378965 223641 155324 177353 148073 29280 301403 10816547 10816547 -7476 -7476 10809071 6289287 -32284 -32284 6321571 6321571 Part III, Line 4: Description of organization's collections and how it furthers its purpose. The paintings are all produced by local artists, and are used as decor in the office. The paintings not only make the office a pleasant place to be, but it also helps promote the work of local artists, those organized in cooperatives, which aligns with encouraging the work of African artists, writers, etc. to promote a culture of tolerance, peace and democracy. true Sub-Saharan Africa 2 74 Prog svcs & grants to recipien Training,workshops & tech assi 6329047 2 74 2 74 6329047 6329047 Sub-Saharan Afr Africa Philnthrpy 50000 Wire transfe Sub-Saharan Afr Democracy & Civil S 100000 Wire transfe Sub-Saharan Afr Democracy & Civil S 100000 Wire transfe Sub-Saharan Afr Democracy & Civil S 103000 Wire transfe Sub-Saharan Afr Democracy & Civil S 10509 Wire transfe Sub-Saharan Afr Democracy & Civil S 12000 Wire transfe Sub-Saharan Afr Democracy & Civil S 12000 Wire transfe Sub-Saharan Afr Democracy & Civil S 12000 Wire transfe Sub-Saharan Afr Democracy & Civil S 12000 Wire transfe Sub-Saharan Afr Democracy & Civil S 12350 Wire transfe Sub-Saharan Afr Democracy & Civil S 12595 Wire transfe Sub-Saharan Afr Democracy & Civil S 13740 Wire transfe Sub-Saharan Afr Democracy & Civil S 150000 Wire transfe Sub-Saharan Afr Democracy & Civil S 195000 Wire transfe Sub-Saharan Afr Democracy & Civil S 20500 Wire transfe Sub-Saharan Afr Democracy & Civil S 250000 Wire transfe Sub-Saharan Afr Democracy & Civil S 30000 Wire transfe Sub-Saharan Afr Democracy & Civil S 30000 Wire transfe Sub-Saharan Afr Democracy & Civil S 40000 Wire transfe Sub-Saharan Afr Democracy & Civil S 47000 Wire transfe Sub-Saharan Afr Democracy & Civil S 50000 Wire transfe Sub-Saharan Afr Democracy & Civil S 50000 Wire transfe Sub-Saharan Afr Democracy & Civil S 50000 Wire transfe Sub-Saharan Afr Democracy & Civil S 5305 Wire transfe Sub-Saharan Afr Democracy & Civil S 55400 Wire transfe Sub-Saharan Afr Democracy & Civil S 85355 Wire transfe Sub-Saharan Afr Democracy & Civil S 9000 Wire transfe Sub-Saharan Afr Equitable Developme 115000 Wire transfe Sub-Saharan Afr Equitable Developme 12500 Wire transfe Sub-Saharan Afr Equitable Developme 12500 Wire transfe Sub-Saharan Afr Equitable Developme 12500 Wire transfe Sub-Saharan Afr Equitable Developme 25000 Wire transfe Sub-Saharan Afr Equitable Developme 46700 Wire transfe Sub-Saharan Afr Equitable Developme 53620 Wire transfe Sub-Saharan Afr Equitable Developme 80000 Wire transfe Sub-Saharan Afr Equitable Developme 85000 Wire transfe 36 false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US TrustAfrica requires each grantee to submit both interim and final reports. The interim report must be received and approved by TrustAfrica before the second grant installment can be disbursed. These reports should contain (a) a narrative account of what was accomplished by the expenditure of funds, including a description of progress made toward achieving the goals of the grant; and (b) a financial account, which includes a statement by the responsible financial officer of the organization certifying the accuracy of the report.Financial reports should reflect expenditures according to the categories enumerated in the approved budget. Receipts and invoices must be provided as back up for all expenditures. In the event that original invoices cannot be sent, notarized photocopies are acceptable.Financial data must be expressed in U.S. dollars equivalency.In addition to financial reports, audited accounts should be sent within six months after the close of the organization's fiscal year, and in subsequent fiscal years in which it receives or expends any portion of the grant. Upon completion of the use of grant funds, a final report on all expenditures under the grant should be submitted, indicating that all grant funds have been expended. X X false PRAVEEN PRASAD 138 E 38th ST New York NY 10016 Donor Outreach false 18665 18665 DC NY Form 990, Part VI, Line 11b: Form 990 Review Process Prior to the preparation of the Form 990 by TrustAfrica's consultants, the Audit Committee of the Board of Trustees reviews the audited accounts of TrustAfrica. The Director of Programs also reviews drafts of individual program reports from staff. Once the draft of the Form 990 is prepared by the consultant of TrustAfrica, the Finance Manager of TrustAfrica carefully reviews the draft document for coverage of financial data. This is followed by a second-tier review by the Director of Operations of TrustAfrica for comprehensiveness and data accuracy. A final review is conducted by the Executive Director and President of TrustAfrica, who is a voting-member of the Board of Trustees. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Specific guidelines for Trustees:Review of Policy1.Each new Trustee and Officer shall be required to review a copy of this conflict of interest statement and to acknowledge in writing that he or she has done so.2.Each Trustee and Officer shall annually complete a disclosure form identifying any relationships, positions or circumstances in which he or she is involved that he or she believes could contribute to a conflict of interest arising. Information regarding business interests of a Trustee, an Officer or a Family Member shall be treated as confidential to the extent practicable and shall generally be made available only to the Chairperson, the Executive Director, and any committee appointed to address conflicts of interest, except to the extent necessary in connection with the implementation of this policy.3.TrustAfrica will periodically conduct reviews of compliance with this policy.Reporting of Violations1.If a Trustee or Officer violates or thinks he or she has violated any provision of this policy, or if he or she observes, learns of or in good faith believes it is possible that another Trustee has violated any provision of this policy, that person must immediately report the actual or suspected violation to the Chairperson or to the Board as a whole.2.The Board and the Executive Director, respectively, have an obligation to investigate, address promptly and treat as confidential, to the extent possible, all reported violations of this conflict of interest policy.Specific Guidelines for Staff Members.Review of Policy1.Each new employee shall be required to review a copy of this conflict of interest policy and to acknowledge in writing that he or she has done so.2.All staff members must annually complete a disclosure form identifying any relationships, positions or circumstances in which he or she is involved that he or she believes could contribute to a conflict of interest arising. Information regarding business interests of a staff member shall be treated as confidential to the extent practicable, except to the extent necessary in connection with the implementation of this policy.3.TrustAfrica will periodically conduct reviews of compliance with this policy.Disclosure and Reporting of Violations1. An employee must promptly disclose any actual or potential conflict of interest to the Executive Director. The Executive Director will consider the circumstances, make a decision as to whether there is an actual or apparent conflict of interest, and resolve how to handle the situation. The Executive Director will document the existence and resolution of any potential conflict of interest.2. In the event that an employee knows or has a good faith belief that another employee has violated this policy, he or she is under an obligation to report this to the Executive Director and will be protected from retaliation pursuant to TrustAfrica's Whistle-Blower Policy. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Reliance on comparable data. The Board of Trustees engages an independent consulting firm to obtain appropriate compensation data from at least ten comparable organizations prior to making its determination. Such data are reviewed prior to each contract period. Comparable organizations are defined in terms of public charity status, job description and scale of operations, size of annual budget, and geographic location.On an annual basis, the Board of Trustees may provide a compensation adjustment based solely on a performance appraisal and cost of living data. If the adjustment is more than 5%, the Board of Trustees will engage an independent consulting firm to obtain appropriate data from comparable organizations.The determination of compensation must be completed and decided upon at a regular meeting of the Board of Trustees before any payments are actually made. Any trustee who has any conflict of interest in relation to the determination must be excluded from the decision-making process. The Board of Trustees must adequately document the basis for compensation determination concurrently with making that determination, which is normally within 60 days of the Board's decision or the date of the next board meeting if that occurs before 60 days of the decision being made. The documentation must note the terms of the transaction and the date it was approved, the trustees who were present and voted, the comparable data which was used and how the data was obtained, and any decisions and actions taken regarding any trustee who has a conflict of interest in the compensation determination decision. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available TrustAfrica makes its governing documents, conflict of interest policy, and audited financial statements available to the general public by posting these documents on the organization's website, www.trustafrica.org, and providing copies upon request. The audited financial statements are also made available to the public through the annual report which is distributed widely to the public. Other Changes In Net Assets Or Fund Balances - Other Increases Exchange rate gains = $39760