2016-06-16T14:56:08-05:00 2015-09-30 131655065 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2014-10-01 208456741 BRAC USA INC BRAC 2128085615 110 WILLIAM STREET - 29TH FLOOR NEW YORK NY 10038 SHARAD AGGARWAL VICE PRESIDENT 2128085615 2016-06-15 1 MICHAEL WALLACE P00881958 2126972299 2014 2016-08-17 19:52:53Z SHARAD AGGARWAL 110 WILLIAM STREET - 29TH FLOOR NEW YORK NY 10038 16144420 0 X WWW.BRACUSA.ORG X 2007 NY BRAC USA SHARES THE SAME MISSION AS BRAC: OUR MISSION IS TO EMPOWER PEOPLE AND COMMUNITIES IN SITUATIONS OF POVERTY, ILLITERACY, DISEASE AND SOCIAL INJUSTICE. OUR INTERVENTIONS AIM TO ACHIEVE LARGE SCALE, POSITIVE CHANGES THROUGH ECONOMIC AND SOCIAL PROGRAMS THAT ENABLE MEN AND WOMEN TO REALIZE THEIR POTENTIAL.OUR VISION OF SUCCESS IS TO FOSTER A BETTER WORLD BY INCREASING BRAC'S VISIBILITY AS A DEVELOPMENT SUCCESS STORY, HARNESSING THE POWER OF ITS FRIENDS AND ENSURING SUPPORT FOR A GROWING NUMBER OF BRAC ORGANIZATIONS AROUND THE WORLD TO UNLEASH THE POTENTIAL OF MILLIONS OF POOR HOUSEHOLDS TO CREATE BETTER FUTURES FOR THEMSELVES AND THEIR COMMUNITIES. WE DO THIS THROUGH THREE MAIN PROGRAM AREAS: GRANTMAKING, STRATEGIC AND PROGRAM SERVICES, AND PUBLIC EDUCATION. 10 9 16 30 0 0 11866439 14920123 1055352 849289 11931 12008 3183 363000 12936905 16144420 10580870 14372951 0 0 1239964 1343350 0 0 601154 1227569 1186061 13048403 16902362 -111498 -757942 21541901 22464887 10628026 12308954 10913875 10155933 X BRAC USA SHARES THE SAME MISSION AS BRAC: OUR MISSION IS TO EMPOWER PEOPLE AND COMMUNITIES IN SITUATIONS OF POVERTY, ILLITERACY, DISEASE AND SOCIAL INJUSTICE. (CONTINUED ON SCHEDULE "O")OUR INTERVENTIONS AIM TO ACHIEVE LARGE SCALE, POSITIVE CHANGES THROUGH ECONOMIC AND SOCIAL PROGRAMS THAT ENABLE MEN AND WOMEN TO REALIZE THEIR POTENTIAL. 0 0 14883129 14372951 685190 GRANTMAKING:TO SUPPORT BRAC'S NEW AND ONGOING INITIATIVES, BRAC USA MAKES CATALYTIC GRANTS TO BRAC PROGRAMS WITH THE FUNDS IT RAISES. BRAC USA DOES NOT ACCEPT UNSOLICITED PROPOSALS FROM ORGANIZATIONS THAT ARE NOT PART OF BRAC OR BRAC INTERNATIONAL. IT SUPPORTS A STRATEGIC AGENDA BASED ON PRIORITIES AGREED UPON BY BRAC AND THE BRAC USA BOARD. ITS GRANTMAKING PROGRAM FACILITATES FLEXIBILITY, INNOVATION, ENTREPRENEURSHIP, CREATIVITY AND LEARNING. INCOME EARNED BY THE ORGANIZATION IS DERIVED FROM CONTRACTS WITH THE MASTERCARD FOUNDATION RELATED TO DIRECT ADMINISTRATION OF FUNDING BRAC UGANDA FOR THE SCHOLARS PROGRAM AND MICROFINANCE MULTIPLIED AND THE CONSULTATIVE GROUP TO ASSIST THE POOR TO FURTHER THE WORK OF THE GRADUATION PROGRAM TARGETING THE ULTRA POOR. 705529 0 460833 STRATEGIC PROGRAM SERVICES:WE HELP BRAC TO PILOT, GROW AND INNOVATE MICROFINANCE, HEALTH, EDUCATION, LIVELIHOOD DEVELOPMENT AND OTHER PROGRAMMES BY: ENABLING ACCESS TO CAPITAL AND OTHER RESOURCES, PROVIDING TECHNICAL ASSISTANCE AND PROGRAMME DESIGN SUPPORT, SETTING UP INTERNAL SYSTEMS AND PROCESSES FOR SUCCESSFUL IMPLEMENTATION AND MONITORING, AND COMMUNICATING OUTCOMES WITH INVESTORS, DONORS AND STAKEHOLDERS. INCOME EARNED BY THE ORGANIZATION IS DERIVED FROM OUR CONTRACTS WITH THE MASTERCARD FOUNDATION TO PROVIDE PROJECT LIAISON SERVICES FOR BRAC UGANDA, (CONTINUED ON SCHEDULE "O")OUR CONTRACT WITH BRAC BANGLADESH TO PROVIDE PROGRAM SUPPORT TO BRAC UNIVERSITY, CONTRACT FOR WRITING SERVICES FOR MEMOIR OF BRAC FOUNDER AS WELL AS CONSULTING FEES DERIVED FROM OUR TARGETING THE ULTRA POOR GLOBAL ADVOCACY INITIATIVE. 391981 0 66266 PUBLIC EDUCATION:WE TELL THE BRAC STORY IN THE UNITED STATES AND WORLDWIDE THROUGH SOCIAL AND TRADITIONAL MEDIA, SPEAKING ENGAGEMENTS AND WORD OF MOUTH. WE ENGAGE WITH FRIENDS OF BRAC TO ACT AS AMBASSADORS OF OUR WORK TO SHARE EXPERTISE AND MOBILIZE SUPPORT. WE ADVOCATE FOR OTHER ORGANIZATIONS, GOVERNMENTS, AND MULTILATERALS TO ADOPT POLICIES AND PROGRAMS THAT WILL ELIMINATE EXTREME POVERTY BY 2030. 15980639 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 16 1 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AZ AR CA CO DC FL GA IL MD MA MI MN MS MT NH NJ NM NY NC OH OK OR PA RI SC SD TN UT VA WA WV VT X X X WHITNEY REICHENBACKER 2128085615 110 WILLIAM STREET 29TH FLOOR NEW YORK NY 10038 SUSAN M DAVIS PRESIDENT & CEO 40.00 X X 230610 0 10663 LINCOLN C CHEN MD CHAIRPERSON 2.00 X X 0 0 0 MANISHA BHINGE VICE PRESIDENT 40.00 X 102424 0 13831 JAMES CARLSON SECRETARY 2.00 X X 0 0 0 RONALD GRZYWINSKI VICE CHAIRPERSON 2.00 X X 0 0 0 RICHARD CASH ASSISTANT SECRETARY AND TREASURER 2.00 X 0 0 0 CHRISTINA LEIJONHUFVUD TREASURER 2.00 X 0 0 0 BRIDGET COATES DIRECTOR 2.00 X 0 0 0 CATHERINE MUTHER DIRECTOR 2.00 X 0 0 0 RACHEL PAYNE DIRECTOR 2.00 X 0 0 0 DEBRA WETHERBY DIRECTOR 2.00 X 0 0 0 STACEY CLARK CFO & PROGRAM MANAGER 40.00 X 87017 0 10451 ANN MARIE ALMEIDA DIRECTOR OF STRATEGIC INITIATIVES 40.00 X 142039 0 8684 562090 0 43629 4 0 1 0 0 14920123 14920123 CONTRACT SERVICES 541900 849289 849289 849289 12008 12008 WRITE OFF OF PRIOR YEAR GRANT 900099 363000 363000 363000 16144420 1212289 0 12008 274055 274055 14098896 14098896 351251 142594 53972 154685 812944 501464 82438 229042 11248 7131 1056 3061 89785 52248 9228 28309 78122 43434 9058 25630 5050 2740 1282 1028 6427 3488 1631 1308 235486 127788 59760 47938 15189 2986 12203 62078 24390 24474 13214 131496 76410 16116 38970 257969 191893 45311 20765 152846 152846 3908 2173 453 1282 15948 8867 1849 5232 CONTRACT FEES 242912 242912 0 0 MISCELLANEOUS 56752 24324 13941 18487 16902362 15980639 320569 601154 4343737 8963964 7288763 6650209 9810408 6596820 1487 163164 51690 43106 102504 88801 11895 13703 33921 33921 21541901 22464887 555458 205647 9704984 11866630 277772 137451 89812 99226 10628026 12308954 X 3727065 4925714 7186810 5230219 10913875 10155933 21541901 22464887 -757942 0 X 0 1 X 1 0 X 7485225 12484878 13057047 11866439 14920123 59813712 7485225 12484878 13057047 11866439 14920123 59813712 24548278 35265434 24185 15653 17816 11931 12008 81593 1940 869 1004 3183 363000 369996 60265301 4650375 0.58520 0.58640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31303 20671 10632 71201 68130 3071 13703 DEFERRED RENT 99226 99226 16046907 265487 265487 15781420 363000 363000 16144420 16804849 265487 265487 16539362 363000 363000 16902362 PART XI, LINE 4B - OTHER ADJUSTMENTS: WRITE OFF OF PRIOR YEAR GRANT PAYABLE 363,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: WRITE OFF OF PRIOR YEAR GRANT PAYABLE 363,000. 1 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 10524221 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 3296265 EUROPE 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 275000 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 3410 0 0 0 0 0 0 14098896 0 14098896 EUROPE DISASTER RELIEF FUNDING TO THE ILO RANA PLAZA DONOR TRUST FUND 275000 WIRE TRANSFER FMV SOUTH ASIA INNOVATIONS IN SANITATION 4913009 WIRE TRANSFER FMV SOUTH ASIA RMG PARTICIPATORY FACTORY MAPPING 92052 WIRE TRANSFER FMV SOUTH ASIA ALLIED AND MEDICAL CARE FOR RANA PLAZA VICTIMS 1031092 WIRE TRANSFER FMV SOUTH ASIA EARLY CHILDHOOD DEVELOPMENT IN BANGLADESH 204896 WIRE TRANSFER FMV SOUTH ASIA BRAC UNIVERSITY SCHOLARSHIPS 218367 WIRE TRANSFER FMV SOUTH ASIA THE ULTRA POOR STAFFING 37450 WIRE TRANSFER FMV SOUTH ASIA NUTRITION PROJECT EVALUATION 92734 WIRE TRANSFER FMV SOUTH ASIA MATERNAL AND CHILD HEALTH 58139 WIRE TRANSFER FMV SOUTH ASIA BRAC UNIVERSITY SCHOLARSHIPS 3000000 WIRE TRANSFER FMV SOUTH ASIA PROPERTY RIGHTS INIATITIVE 500000 WIRE TRANSFER FMV SOUTH ASIA ADOLESCENT GIRLS PROGRAM 53280 SOUTH ASIA ESSENTIAL AND MATERNAL HEALTHCARE 200000 SOUTH ASIA MICROFINANCE 100000 SOUTH ASIA SCHOLARSHIPS 2500 SUB-SAHARAN AFRICA BUILDING RESILIENCE AGAINST EBOLA 1221244 SUB-SAHARAN AFRICA RESEARCH COLLABORATION 222089 SUB-SAHARAN AFRICA EBOLA RECOVERY 595600 SUB-SAHARAN AFRICA BUILDING RESILIENCE AGAINST EBOLA 1236826 SOUTH ASIA ADJUSTMENT FOR DISCOUNT 20703 SUB-SAHARAN AFRICA ADJUSTMENT FOR DISCOUNT 9467 SUB-SAHARAN AFRICA ADJUSTMENT FOR DISCOUNT 11039 SUB-SAHARAN AFRICA ADJUSTMENT FOR DISCOUNT 3409 13 1 0 0 0 0 0 0 PART I, LINE 2: BRAC USA'S GRANT MAKING SUPPORTS A STRATEGIC AGENDA BASED ON PRIORITIES AGREED UPON BY BRAC AND THE BRAC USA BOARD. BRAC USA DOES NOT ACCEPT UNSOLICITED PROPOSALS FROM ORGANIZATIONS THAT ARE NOT PART OF BRAC. BRAC USA REQUIRED NARRATIVE AND FINANCIAL REPORTS TO BE SUBMITTED FOR ALL GRANTS. ADDITIONALLY, BRAC USA STAFF CONDUCT DUE DILIGENCE TRIPS TO SEE ALL OF THE PROGRAMS THAT RECEIVE FUNDING FROM BRAC USA. 1 CENTER FOR EFFECTIVE GLOBAL ACTION (CEGA) - UNIVERSITY OF CALIFORNIA BERKE 946002123 501(C)3 173201 FMV RESEARCH CENTER FOR EFFECTIVE GLOBAL ACTION (CEGA) - UNIVERSITY OF CALIFORNIA BERKE 946002123 501(C)3 72875 FMV RESEARCH AMERICAN INSTITUTES FOR RESEARCH 250965219 501(C)3 3743 FMV RESEARCH UNIVERSITY OF CALIFORNIA SAN DIEGO 956006144 501(C)3 24236 FMV RESEARCH 3 0 PART I, LINE 2: BRAC USA REQUIRES NARRATIVE AND FINANCIAL REPORTS TO BE SUBMITTED FOR ALL GRANTS. X X X X 0 0 0 0 0 0 0 0 0 SUSAN M DAVIS PRESIDENT & CEO 230610 0 0 0 0 0 1979 0 8684 0 241273 0 0 0 ANN MARIE ALMEIDA DIRECTOR OF STRATEGIC INITIATIVES 142039 0 0 0 0 0 0 0 8684 0 150723 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND MANAGEMENT, THEN MADE AVAILABLE TO MEMBERS OF THE BOARD FOR REVIEW PRIOR TO BEING SUBMITTED TO THE IRS BY THE ORGANIZATION'S AUDITORS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY. AT EVERY BOARD MEETING, MEMBERS ARE ASKED TO RECUSE THEMSELVES IF THEY HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BRAC USA BOARD OF DIRECTORS REVIEWS MARKET DATA FOR COMPARABLE POSITIONS ON AN ANNUAL BASIS (TYPICALLY IN SEPTEMBER OR OCTOBER). THIS WAS DONE FOR THE PRESIDENT & CEO FOR BRAC USA IN DECEMBER 2014 AND 2015. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE INCLUDED IN BRAC USA'S ANNUAL REPORT AND ARE AVAILABLE ON THEIR WEBSITE AND BY REQUEST.