2015-11-24T14:55:02-06:00 2015-04-30 271728945 O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2014-05-01 200366717 THE INTREPID FALLEN HEROES FUND ONE INTREPID SQUARE INTR 6463815130 WEST 46TH STREET 12TH AVENUE NEW YORK NY 10036 DAVID A WINTERS PRESIDENT 6463815130 2015-11-24 1 GARRETT M HIGGINS CPA P00543209 2122862600 2014 2016-03-07 17:11:31Z DAVID A WINTERS WEST 46TH STREET 12TH AVENUE NEW YORK NY 10036 11180004 0 X WWW.FALLENHEROESFUND.ORG X 2003 NY THE INTREPID FALLEN HEROES FUND SUPPORTS THE MEN AND WOMEN OF THE ARMED FORCES AND THEIR FAMILIES. 15 15 5 25 0 0 11407058 10272147 0 0 104404 95524 -85269 0 11426193 10367671 18124776 9726346 0 0 439651 528700 170000 0 441008 427874 393235 19162301 10648281 -7736108 -280610 24666784 24633344 1621703 1886205 23045081 22747139 X THE INTREPID FALLEN HEROES FUND PROVIDES SERVICES IN SUPPORT OF MILITARY PERSONNEL SEVERELY INJURED IN SUPPORT OF OUR NATION. THESE SERVICES ARE DESIGNED TO IMPROVE THE MEDICAL CARE PROVIDED TO THEM AND ENHANCE THEIR ABILITY TO RETURN TO MILITARY SERVICES OR A PRODUCTIVE AND INDEPENDENT CIVILIAN LIFE. THESE SERVICES ALSO DEMONSTRATE TO THE ENTIRE MILITARY COMMUNITY THE CONCERN FOR THEM OF THEIR FELLOW CITIZENS. 0 0 9821008 9713846 CONSTRUCTION OF INTREPID SPIRIT CENTERS:ON JUNE 24, 2010, THE INTREPID FALLEN HEROES FUND COMPLETED CONSTRUCTION OF THE NATIONAL INTREPID CENTER OF EXCELLENCE, A 72,000 SQUARE FOOT FACILITY, LOCATED AT THE WALTER REED NATIONAL MILITARY MEDICAL CENTER IN BETHESDA, MD. UPON COMPLETION OF THE NICOE, THE FACILITY WAS TURNED OVER TO THE UNITED STATES DEPARTMENT OF DEFENSE FOR STAFFING AND OPERATION. THE NICOE IS TODAY THE DEPARTMENT OF DEFENSE'S PREMIERE FACILITY DEDICATED TO RESEARCH, DIAGNOSIS AND TREATMENT OF TRAUMATIC BRAIN INJURY. (CONTINUED ON SCHEDULE O). THE INTREPID FALLEN HEROES FUND HAS EXPANDED THE CAPABILITIES OF NICOE BY IMPLEMENTING A PLAN TO CONSTRUCT NINE INTREPID SPIRIT CENTERS AT MAJOR MILITARY DEPLOYMENT BASES AROUND THE COUNTRY. THE CENTERS WILL ACT AS SATELLITES TO NICOE EXTENDING CARE CLOSER TO HOME FOR TROOPS RETURNING FROM DEPLOYMENT. EACH INTREPID SPIRIT CENTER IS DIGITALLY TETHERED TO NICOE TO ENABLE SHARING OF ADVANCES IN THE DIAGNOSIS AND TREATMENT OF MILITARY PERSONNEL WITH TRAUMATIC BRAIN INJURY. THE FUND HAS LAUNCHED A $100 MILLION DOLLAR CAMPAIGN TO RAISE FUNDS FOR THE CONSTRUCTION OF THE INTREPID SPIRIT CENTERS. THE FIRST TWO INTREPID SPIRIT CENTERS, AT FORT BELVOIR, VIRGINIA AND CAMP LEJEUNE, NORTH CAROLINA, WERE COMPLETED AND OPERATIONS BEGAN IN JUNE 2013, AND THE THIRD INTREPID SPIRIT CENTER, AT FORT CAMPBELL, KENTUCKY, WAS OPENED FOR OPERATIONS IN SEPTEMBER 2014. GROUND WAS BROKEN FOR INTREPID SPIRIT CENTERS AT FORT BRAGG, NORTH CAROLINA AND FORT HOOD, TEXAS IN 2014. EACH INTREPID SPIRIT CENTER COSTS APPROXIMATELY $9 - $11 MILLION TO BUILD. IN 2015, GROUNDBREAKING OCCURRED FOR JOINT BASE LEWIS MCCHORD IN WASHINGTON. 12500 12500 OTHER PROGRAM SERVICES:IN JULY 2014, A $10,000 SUPPORT GRANT WAS GIVEN TO A BRITISH NON-PROFIT, WALKING WITH THE WOUNDED, WHICH TREATS AND ASSISTS BRITISH MILITARY PERSONNEL WHO HAVE SUFFERED SEVERE INJURIES IN THE WARS IN IRAQ AND AFGHANISTAN. THE INTREPID FALLEN HEROES FUND HAS A LONG HISTORY OF SUPPORTING BRITISH SERVICE MEMBERS, WHO WERE INCLUDED IN THE FUND'S ORIGINAL PROGRAM OF PROVIDING GRANTS TO FAMILIES OF MILITARY PERSONNEL WHO HAD BEEN KILLED WHILE SERVING IN UNIFORM. (CONTINUED ON SCHEDULE O). IN MAY 2014, $2,500 IN SCHOLARSHIP SUPPORT GRANTS WERE GIVEN TO EACH OF 2 CHILDREN OF A MARINE WHO WAS KILLED PRIOR TO MAY 2005 DURING OPERATION IRAQI FREEDOM. THE TOTAL AMOUNT OF THE GRANTS WAS $2,500. THIS GRANT WAS TO A RECENTLY-IDENTIFIED FAMILY OF A MARINE KILLED IN OPERATION IRAQI FREEDOM ACTION PRIOR TO MAY 2005, THEREFORE MAKING THE FAMILY ELIGIBLE FOR THE GRANTS PROVIDED BY THE INTREPID FALLEN HEROES FUND AT THAT TIME. 9833508 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 6 0 5 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OK OH OR PA RI SC TN UT VA WI WA WV X X X THOMAS J ALLETTO TREASURERCHIEF FINANCIAL OFFICER 6463815130 ONE INTREPID SQUARE W 46TH ST 12TH NEW YORK NY 10036 RICHARD T SANTULLI CHAIRMAN 1.00 X X 0 0 0 ARNOLD FISHER HONORARY CHAIRMAN 1.00 X 0 0 0 DAVID A WINTERS PRESIDENT 20.00 X X 0 0 0 DANIEL ASKEY TRUSTEE 1.00 X 0 0 0 DENIS A BOVIN TRUSTEE UNTIL 12/18/14 1.00 X 0 0 0 AMANDA BOWMAN TRUSTEE 1.00 X 0 0 0 JAMES CARRIER TRUSTEE 1.00 X 0 0 0 GEN'L RICHARD A CODY TRUSTEE 1.00 X 0 0 0 MARTIN L EDELMAN TRUSTEE 1.00 X 0 0 0 FRANK FERTITTA III TRUSTEE 1.00 X 0 0 0 LORENZO FERTITTA TRUSTEE 1.00 X 0 0 0 BRIAN D FINN TRUSTEE 1.00 X 0 0 0 HONORABLE RAYMOND KELLY TRUSTEE 1.00 X 0 0 0 GEORGETTE MOSBACHER TRUSTEE 1.00 X 0 0 0 JOSEPH PERELLA TRUSTEE 1.00 X 0 0 0 ANTHONY SICHENZIO MD TRUSTEE 1.00 X 0 0 0 THOMAS J ALLETTO CFO/TREASURER 40.00 X 108858 0 15212 LISA YACONIELLO VP/SECRETARY 40.00 X 117815 0 8938 226673 0 24150 2 0 0 0 TURNER CONSTRUCTION 250 W COURT STREET STE 300 CINCINNATI OH 45202 CONSTRUCTION 7977912 SMITHGROUPJJR 1700 NEW YORK AVENUE NW WASHINGTON DC 20006 ARCHITECTURE 924549 RICCITELLO COACHING 4034 E HOLMES STREET TUCSON AZ 85711 COACHING SERVICES 124467 3 9391 624689 9638067 733748 10272147 89470 89470 680443 674389 6054 6054 6054 137944 624689 137944 0 10367671 0 0 95524 9713846 9713846 2500 2500 10000 10000 259661 49336 116847 93478 206005 40076 93566 72363 27508 5226 12379 9903 35526 6750 15987 12789 46960 39232 7728 41600 41600 13900 9012 4888 172947 13214 159733 73276 7674 65602 10513 2139 8374 20822 20822 FILM AND VIDEO EXPENSES 6018 6018 REGULATORY FEES 5774 5774 OTHER EXPENSES 1425 1293 132 10648281 9833508 373765 441008 11910 22107 17823639 19317536 352429 224568 100634 63433 7073 7073 0 0 6378172 5005700 24666784 24633344 57701 76110 292101 205975 1271901 1604120 1621703 1886205 X 23045081 22747139 23045081 22747139 24666784 24633344 X -280610 -17332 X X 0 1 X 1 0 X 10583821 4178121 7316525 11389726 10272147 43740340 10583821 4178121 7316525 11389726 10272147 43740340 2939750 40800590 166195 188606 167787 105084 89470 717142 44457482 0.91770 0.92930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7073 7073 0 0 CONSTRUCTION IN PROGRESS 5005676 DUE FROM AFFILIATES 24 5005700 CONSTRUCTION COSTS PAYABLE 1604120 1604120 X 10686341 318670 318670 10367671 0 10367671 10984283 318670 17332 336002 10648281 0 10648281 PART X, LINE 2: THE FUND RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FUND HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FUND IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR FISCAL YEARS PRIOR TO 2012. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENT MADE FOR UNCOLLECTABLE PLEDGES 17,332. 0 0 0 0 0 0 0 0 0 0 EUROPE GENERAL SUPPORT FOR PROGRAM SERVICE ACTIVITIES 10000 CHECK 1 0 0 0 0 0 0 0 RACE ACROSS AMERICA 762633 624689 137944 2332 135612 762633 624689 137944 2332 135612 137944 0 1 DEPARTMENT OF DEFENSE 1400 DEFENSE PENTAGON WASHINGTON DC 203011400 US GOVERNMENT 9713846 BOOK VALUE INTREPID SPIRIT CENTER IN KENTUCKY TO BUILD A COMPREHENSIVE HEALTH CARE FACILITY FOR MILITARY PERSONNEL WITH TRAUMATIC BRAIN INJURY. 1 0 PART I, LINE 2: GRANT FUNDS DISTRIBUTED ARE NOT MONITORED AS THE RECIPIENTS HAVE MET THE ELIGIBILITY REQUIREMENTS TO RECEIVE THE GRANT AND ACCORDINGLY ALL FUNDS PAID TO AND RECEIVED BY THEM ARE UNRESTRICTED IN NATURE. X 22 733748 FMV 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN SCHEDULE M, PART I COLUMN (A). FORM 990, PART VI, SECTION A, LINE 2 ARNOLD FISHER, THE HONORARY CHAIRMAN OF THE INTREPID FALLEN HEROES FUND, AND MARTIN EDELMAN, A TRUSTEE OF THE INTREPID FALLEN HEROES FUND, BOTH HAVE BUSINESS RELATIONSHIPS WITH EACH OTHER AS PARTNERS AT FISHER BROTHERS. FRANK FERTITTA WHO IS A TRUSTEE OF THE INTREPID FALLEN HEROES FUND HAS A FAMILY RELATIONSHIP WITH LORENZO FERTITTA WHO IS ALSO A TRUSTEE OF THE INTREPID FALLEN HEROES FUND. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS SUBMITTED ELECTRONICALLY TO MEMBERS OF THE ORGANIZATION'S GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH ONE WEEK TO REVIEW THE PREPARED FORM 990 AND PROVIDE THEIR COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE COMPLIANCE OFFICER OR COMMITTEE IN CHARGE OF FILING THE RETURN FOR THEIR REVIEW. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE INTREPID FALLEN HEROES FUND CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT ANNUALLY MONITORS AND ENFORCES. THE BOARD CURRENTLY MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. THE SIGNED CONFLICT OF INTEREST POLICY IS SUBMITTED TO THE CORPORATE COMPLIANCE OFFICER WHO REVIEWS THE SIGNED ATTESTATIONS FOR POTENTIAL OR ACTUAL CONFLICTS. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, THE CORPORATE COMPLIANCE OFFICER WILL NOTIFY MEMBER OF MANAGEMENT OR THE GOVERNING BODY ABOUT SUCH CONFLICT AND INVESTIGATE THE CONFLICT. THE RESULTS OF THE INVESTIGATION WILL BE SUMMARIZED AND DOCUMENTED BY THE CORPORATE COMPLIANCE OFFICER AND BE REPORTED TO THE GOVERNING BODY. IF THE CORPORATE COMPLIANCE OFFICER ESTABLISHES THAT AN ACTUAL CONFLICT EXISTS, THE MEMBER OF MANAGEMENT OR THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY AND WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE INTREPID FALLEN HEROES FUND HAS ESTABLISHED A WRITTEN COMPENSATION POLICY FOR THEIR BOARD TO FOLLOW IN ESTABLISHING THE COMPENSATION FOR THE CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICIAL, OTHER OFFICERS OR KEY EMPLOYEES. THE POLICY MANDATES THAT EXECUTIVE COMPENSATION BE PERIODICALLY REVIEWED BY THE BOARD AND THAT THE BOARD SHOULD BE FREE OF CONFLICTS OF INTEREST. IN ADDITION, THE BOARD REVIEWS APPROPRIATE AND ADEQUATE DATA TO DETERMINE THE REASONABLENESS OF COMPENSATION BEING CONSIDERED. THE BOARD USES A VARIETY OF INFORMATION AND STUDIES THAT ARE AVAILABLE TO DETERMINE THAT THE APPROPRIATE LEVEL OF COMPENSATION IS BEING PAID TO ITS EXECUTIVES. THE BOARD'S DECISION REGARDING THE AMOUNT OF COMPENSATION PAID MUST BE ADEQUATELY DOCUMENTED IN A CONTEMPORANEOUSLY WRITTEN FORMAT, DOCUMENTED WITH THE DATE OF THE DECISION, THE MEMBERS PRESENT DURING THE DECISION AND THOSE WHO VOTED ON IT, THE FULL TERMS OF THE TRANSACTION THAT WAS APPROVED AND THE COMPARABLE DATA USED AND RELIED UPON TO MAKE THE DECISION. THIS POLICY AND PROCESS FOR DETERMINING COMPENSATION FOR EXECUTIVES AND KEY EMPLOYEES WAS LAST UNDERTAKEN IN JUNE 2014. FORM 990, PART VI, SECTION C, LINE 19 THE INTREPID FALLEN HEROES FUND MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON THEIR WEBSITE AS WELL AS GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. IN ADDITION FORMS 990 AS WELL AS THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: ADJUSTMENT MADE FOR UNCOLLECTABLE PLEDGES -17,332. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT IS COMPRISED OF MEMBERS OF THE BOARD OF TRUSTEES, THE FUND'S PRESIDENT AND CFO. THIS COMMITTEE REVIEWS ALL FINANCIAL REPORTS AND STATEMENTS, TAX RETURNS, AND AUDIT REPORTS THROUGHOUT THE FISCAL YEAR; SUPERVISES THE AUDIT PROCESS AND SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR FISCAL YEAR.