2015-09-09T15:26:25-05:00 2014-12-31 042666565 John M Monticone CPA 5 High Street Suite 207 Medford MA 02155 990 2014-01-01 743087284 THE TANZANIAN CHILDRENS FUND INC TANZ 6179133763 9 WATERHOUSE STREET CAMBRIDGE MA 02138 Todd Cronan TREASURER 6179133763 2015-09-09 1 John Monticone P01257043 7813950024 X 2014 2016-02-25 16:41:14Z X TODD CRONAN 9 WATERHOUSE STREET CAMBRIDGE MA 02138 1656291 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 89 children in the Karatu District of Tanzania, as well as additional community-based programs to improve the lives children and their families. 10 8 3 70 0 0 1473040 1411161 93109 85682 40520 20651 739 671 1607408 1518165 965261 1050724 0 0 162984 174712 0 0 97600 165566 149057 1293811 1374493 313597 143672 2118170 2333885 4471 10526 2113699 2323359 X The Tanzanian Children's Fund provides support for the Rift Valley Children's Village (RVCV) which provides a permanent home for 89 children in the Karatu District of Tanzania, as well as additional community-based programs to improve the lives children and their families. 0 0 1177438 1050724 671 Direct support of Rift Valley Children's Fund in Oldeani, Tanzania. The primary purpose of the Rift Valley Children's Fund is to support marginalized children living in the Karatu District of Tanzania. To this end, the Rift Valley Children's Village (RVCV) serves as a permanent home to 89 children, as well as supporting 21 kids living with Relatives. RVCV also runs several 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 community-based programs include partnership with the local primary and secondary school (478 and 253 students respectively), a microfinance program with 513 active clients, and free medical care offered in conjunction with FAME hospital during bi-monthly clinics. 1177438 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 7 0 1 3 1 0 0 0 0 0 0 0 0 X 10 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 JESSICA MAGNE 6179133763 9 WATERHOUSE STREET CAMBRIDGE MA 02138 INDIA HOWELL EXECUTIVE DIRECTOR 70.00 X X 69500 0 0 TODD CRONAN TREASURER 2.00 X X 0 0 0 SALLIE BEAR SECRETARY 2.00 X X 0 0 0 JIM SCHUBAUER DIRECTOR 2.00 X 0 0 0 MARGARET BACON BOARD CHAIR 2.00 X X 0 0 0 ROB ROSSER DIRECTOR 2.00 X 0 0 0 PETER LEON MMASSY DIRECTOR 2.00 X 0 0 0 JODY DRAKE DIRECTOR 2.00 X 0 0 0 LINDA HAYES DIRECTOR 2.00 X 0 0 0 ELEANOR DOAR DIRECTOR 2.00 X 0 0 0 69500 0 0 0 0 0 0 0 1411161 143934 1411161 Volunteer Admin. Fees 561000 85682 85682 85682 21772 21772 137005 138126 -1121 -1121 -1121 671 0 671 671 1518165 671 0 106333 1050724 1050724 69500 45175 24325 95838 3534 55419 36885 9374 346 5421 3607 2683 2683 8000 8000 8362 1278 7084 355 355 7798 1247 3799 2752 8715 246 8469 369 369 16654 9132 7522 Sub-Contractors 56989 55943 1046 Printing 12322 295 12027 Supplies 8929 4646 1574 2709 Bank Service Charges 4972 3356 1616 12909 5058 3687 4164 1374493 1177438 99455 97600 832174 802159 10249 77391 4007 3877 499 130 140346 343728 1134902 1110477 2118170 2333885 4471 10526 4471 10526 X 672069 726763 1441630 1596596 2113699 2323359 2118170 2333885 143672 65988 0 X X 0 1 X 1 0 X 776585 1027650 1335321 1475040 1411161 6025757 776585 1027650 1335321 1475040 1411161 6025757 593501 5432256 12055 6867 16593 17761 21772 75048 6100805 0.89040 0.92640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1441630 372981 218015 1596596 1136217 976890 671477 1441630 781686 354531 1136217 0.95000 0.05000 0 0 4007 3877 130 130 ISHARES BARCLYS 1-3 YEARS 328900 F ISHARES BARCLYS BO 134091 F ISHARES RUSSELL 1000 326943 F VANGUARD DIVIDEND 320543 F 1110477 X 1584153 65988 65988 1518165 0 1518165 1374493 0 1374493 0 1374493 Part V, Line 4: The board designated fund has the following intended use: Rainy Day Operating and/or Capital Costs: $ 1,418,391 - 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. Next Ten Fund Expenses: $ 100,760 to help with operating and/or capital costs at Oldeani Secondary School, as well as any other secondary education costs. Boniface Children Fund: $12,445 Set up as a separate account for all monies donated by an individual donor for specific sponsorships. Building Fund Gyetighi Primary School Fund: $60,000 - Restricted contributions from donors for the capital cost of a Primary School Building. Oldeani Operating Fund: $5,000 - Restricted contributions from donor to help with the operating 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, 2014. 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, 2011 are open to examination. 1 Sub-Saharan Africa - Angola, 0 0 Program Service Support for the RIFT Valley Children's Village, in Karatu, Tanzania 1050724 0 0 0 0 0 0 1050724 0 1050724 Sub-Saharan Africa - Angola, Support for the Rift Valley Children's Village, in Karatu, Tanzania 1050724 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 board member of the organization, is also a member of the board of directors of Rift Valley Children's Village. X 6 143934 Market value 0 0 0 Part I, Column (b): 15 Shares - General Electric $ 413 14 Shares - Moody's Corp. 1,031 40 Shares - Idex X Lab Inc. 5,036 24 Shares - Procter and Gamble 1,995 1100 Shares - Occidental Pete Corp 110,176 76 Shares - Pentair PLC 5,204 28 Shares - Dominion Res Inc. 2,030 49 Shares - Johnson and Johnson 5,094 40 Shares - General Electric 980 25 Shares - Microsoft 1,200 9 Shares - Union Pacific 1,086 24 Shares - Frontier Communications 160 441 Shares - Navient Corp 9,530 Total $ 143,934 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 $1,050,724 from the organization during the year 2014. India and Peter's participation in the board of director of RVCF allows them to monitor the use of these grants.