2015-04-27T13:08:47-05:00 2014-09-30 131655065 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2013-10-01 208456741 BRAC USA INC BRAC 2128085615 110 WILLIAM STREET - 29TH FLOOR NEW YORK NY 10038 SUSAN DAVIS PRESIDENT AND CEO 2128085615 2015-04-17 1 MICHAEL WALLACE P00881958 2126972299 2013 2016-02-25 16:41:14Z SUSAN DAVIS 110 WILLIAM STREET - 29TH FLOOR NEW YORK NY 10038 12936905 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. 9 8 13 30 0 0 13057047 11866439 983127 1055352 17816 11931 1004 3183 14058994 12936905 9524698 10580870 0 0 900202 1239964 0 0 654473 1444695 1227569 11869595 13048403 2189399 -111498 23707969 21541901 12682596 10628026 11025373 10913875 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 11184066 10580870 504886 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 TO BRAC UGANDA, BRAC DEVELOPMENT INSTITUTE AND OUR COLLABORATION FOR IMPACT PARTNERSHIP.(CONTINUED ON SCHEDULE "O")THE BRAC DEVELOPMENT INSTITUTE PARTNERED WITH THE FORD FOUNDATION AND THE CONSULTATIVE GROUP TO ASSIST THE POOR TO FURTHER THE WORK OF THE GRADUATION PROGRAM TARGETING THE ULTRA POOR. 566776 550466 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 AS WELL AS CONSULTING FEES DERIVED FROM OUR TARGETING THE ULTRA POOR GLOBAL ADVOCACY INITIATIVE. BRAC USA PERFORMS THESE ACTIVITIES WITH THE SUPPORT OF ITS STAFF MEMBERS, INTERNS, EXTERNAL CONSULTANTS AND A DEDICATED GROUP OF TALENTED VOLUNTEERS. 339756 PUBLIC EDUCATION:WE TELL THE BRAC STORY IN THE UNITED STATES AND BEYOND THROUGH SOCIAL AND TRADITIONAL MEDIA, SPEAKING ENGAGEMENTS AND WORD OF MOUTH. WE ENGAGE INTERNS, VOLUNTEERS AND FRIENDS OF BRAC TO ACT AS AMBASSADORS OF OUR WORK, TELLING THE STORY OF BRAC'S SUCCESS IN THEIR OWN COMMUNITIES TO MOBILIZE SUPPORT. WE JOIN AND LAUNCH EDUCATION CAMPAIGNS AND ADVOCATE FOR BETTER INTERNATIONAL DEVELOPMENT, HUMAN RIGHTS AND ENVIRONMENT POLICIES. 12090598 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 9 0 1 13 1 0 0 0 0 0 0 0 0 0 0 X 9 8 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 STACEY CLARK 2128085615 110 WILLIAM STREET 29TH FLOOR NEW YORK NY 10038 SUSAN M DAVIS PRESIDENT & CEO 40.00 X X 224720 0 15132 LINCOLN C CHEN MD PRESIDENT 2.00 X X 0 0 0 RONALD GRZYWINSKI VICE CHAIRPERSON & TREASURER 2.00 X X 0 0 0 RICHARD CASH ASSISTANT SECRETARY & TREA 2.00 X X 0 0 0 CHRISTINA LEIJONHUFVUD DIRECTOR 2.00 X 0 0 0 CATE MUTHER DIRECTOR 2.00 X 0 0 0 BRIDGET COATES DIRECTOR 2.00 X 0 0 0 RACHEL PAYNE DIRECTOR 2.00 X 0 0 0 DEBRA L WETHERBY DIRECTOR 2.00 X 0 0 0 STACEY CLARK CFO & PROGRAM MANAGER 40.00 X 74899 0 9613 299619 0 24745 1 0 1 0 0 11866439 11866439 CONTRACT SERVICES 541900 1055352 1055352 1055352 11931 11931 MISCELLANEOUS 900099 3183 3183 3183 12936905 1055352 0 15114 39000 39000 10541870 10541870 339206 206826 39716 92664 731853 299455 103494 328904 11170 4469 1584 5117 85707 38229 11539 35939 72028 33856 9641 28531 2680 2680 34605 34605 363475 313859 20700 28916 32073 2779 29294 46862 14115 19703 13044 133794 66507 23258 44029 230753 188188 23082 19483 4744 2228 634 1882 16777 7886 2246 6645 CONTRACT FEES 292243 292243 MISCELLANEOUS 69563 39088 10450 20025 13048403 12090598 303332 654473 2427921 4343737 9563717 7288763 11530003 9810408 101535 1487 40279 51690 96788 84893 10769 11895 33745 33921 23707969 21541901 365329 555458 11787849 9704984 458773 277772 70645 89812 12682596 10628026 X 3158246 3727065 7867127 7186810 11025373 10913875 23707969 21541901 -111498 0 X 0 1 X 1 0 X 7060993 7485225 12484878 13057047 11866439 51954582 7060993 7485225 12484878 13057047 11866439 51954582 21416454 30538128 43915 24185 15653 17816 11931 113500 3530 1940 869 1004 3183 10526 52078608 4273538 0.58640 0.48550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25587 19818 5769 71201 65075 6126 11895 DEFERRED RENT 89812 89812 X 13222179 285274 285274 12936905 0 12936905 13333677 285274 285274 13048403 0 13048403 PART X, LINE 2: MANAGEMENT HAS EVALUATED ALL INCOME TAX POSITIONS AND CONCLUDED THAT NO DISCLOSURES RELATING TO UNCERTAIN TAX POSITIONS WERE REQUIRED IN THE FINANCIAL STATEMENTS. 0 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 2707018 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 5629852 EUROPE 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 2205000 0 0 0 0 0 0 10541870 0 10541870 SOUTH ASIA EDUCATION SCHOLARSHIPS, LIVELIHOOD TRAINING AND DISASTER RELIEF 1300394 WIRE TRANSFER FMV SOUTH ASIA HUMAN RESOURCES AND PROFESSIONAL DEVELOPMENT TRAINING 343949 WIRE TRANSFER FMV SOUTH ASIA GIRLS EDUCATION AND DISASTER RELIEF 1001297 WIRE TRANSFER FMV SOUTH ASIA HEALTH AND EDUCATION PROGRAMS 51300 WIRE TRANSFER FMV SUB-SAHARAN AFRICA EXPANSION OF EDUCATION AND HEALTH PROGRAMS AND RESEARCH 2919354 WIRE TRANSFER FMV SUB-SAHARAN AFRICA MICROFINANCE AND YOUTH ENGAGEMENT AND RESEARCH 1092576 WIRE TRANSFER FMV SUB-SAHARAN AFRICA HEALTH AND DISASTER RELIEF 62958 WIRE TRANSFER FMV SUB-SAHARAN AFRICA MICROFINANCE, ADOLESCENT GIRLS AND EDUCATION 252454 WIRE TRANSFER FMV SUB-SAHARAN AFRICA MICROFINANCE AND YOUTH ENGAGEMENT AND RESEARCH 1302510 WIRE TRANSFER FMV EUROPE DISASTER RELIEF FUNDING TO THE ILO RANA PLAZA DONOR TRUST FUND 2205000 WIRE TRANSFER FMV SOUTH ASIA HEALTH AND EDUCATION PROGRAMS 10078 WIRE TRANSFER FMV 11 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 39000 FMV RESEARCH 1 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 224720 0 0 0 0 0 7031 0 8101 0 239852 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 2013 AND 2014. 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.