VIETNAM FOUNDATION: Form 990EZ, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
VIETNAM FOUNDATION (EIN 01-0905269)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-02-12
IRS object ID
201520439349200202
Schema version
2013v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-02-12T08:20:02-00:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Roy D Carson CPA LLCBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1776 Sonne DriveAddressLine1
CityAnnapolisCity
StateMDState
ZIP Code21401ZIPCode
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN010905269EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Vietnam FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlVIETBusinessNameControlTxt
Phone2023342787PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 Fifth Street NWAddressLine1
CityWashingtonCity
StateDCState
ZIP Code20001ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonH Ray GamblePersonNm
Person TitleChairmanPersonTitleTxt
Signature2015-02-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRoy D Carson CPAPreparerPersonNm
Phone4105735558PhoneNum
Preparation2015-02-12PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Website Addresswww.vnfoundation.orgWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$169,073GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$168,970ContributionsGiftsGrantsEtcAmt
Investment Income$103InvestmentIncomeAmt
Total Revenue$169,073TotalRevenueAmt
Grants And Similar Amounts Paid$27,520GrantsAndSimilarAmountsPaidAmt
Salaries Other Comp Empl Bnft$53,081SalariesOtherCompEmplBnftAmt
Fees And Other Pymt To Ind Cntrct$2,317FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$16,846OccupancyRentUtltsAndMaintAmt
Other Expenses Total$17,232OtherExpensesTotalAmt
Total Expenses$116,996TotalExpensesAmt
Excess Or Deficit For Year$52,077ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$65,079NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$167OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$117,323NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$75,079BOYAmt
EOY$127,323EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$75,079BOYAmt
EOY$127,323EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,000BOYAmt
EOY$10,000EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$65,079BOYAmt
EOY$117,323EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeConduct educational activities to improve the lives of the Vietnamese people.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (4 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtProgram Service ExpensesProgramServiceExpensesAmtGrants And AllocationsGrantsAndAllocationsAmtForeign GrantsForeignGrantsInd
Open Educational Resource OER Program to provide online source of teaching and learning materials for Vietnamese users free of charge. See Schedule O Supplemental Information for further detail.$60,143
Institutional Linkage Program to establish contacts and exchanges between U. S. universities and educational entities in Vietnam. See Schedule O Supplemental Information for further detail.$9,601
Provided assistance to handicapped students in local universities, and provided gifts to primary schools and orphanages. See Schedule O Supplemental Information for further detail.$37,651$27,521Yes (X)
Educational Advisory Program Assisted numerous Vietnamese students in large and small groups in their efforts to understand the U.S. educational system and search for a suitable school. See Schedule O Supplemental Information for further detail.$9,601
FieldValueIRS element (for citing)
Total Program Service Expenses$116,996TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (4 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Kien Pham
President010.00$0
H Ray Gamble
Chairman002.00$0
Julie Parker
Treasurer001.00$0
Asha Soutar
Secretary001.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersYes (true)MadeLoansToFromOfficersInd
Loans To From Officers$10,000LoansToFromOfficersAmt
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonH Ray GamblePersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 Fifth Street NWAddressLine1
CityWashingtonCity
StateDCState
ZIP Code20001ZIPCode
FieldValueIRS element (for citing)
Phone2023342787PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign Financial Account CntryVMForeignFinancialAccountCntryCd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign Office CountryVMForeignOfficeCountryCd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$102,850CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$101,792CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$142,743CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$94,482CurrentTaxYearMinus1YearAmt
Current Tax Year$168,970CurrentTaxYearAmt
Total$610,837TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$102,850CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$101,792CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$142,743CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$94,482CurrentTaxYearMinus1YearAmt
Current Tax Year$168,970CurrentTaxYearAmt
Total$610,837TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$610,837PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$23CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$319CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$517CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$223CurrentTaxYearMinus1YearAmt
Current Tax Year$103CurrentTaxYearAmt
Total$1,185TotalAmt
FieldValueIRS element (for citing)
Total Support$612,022TotalSupportAmt
Public Support CY1700.99810PublicSupportCY170Pct
Public Support PY1700.99780PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind
Public Support CY5090.00000PublicSupportCY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonKien PhamPersonNm
Relationship With OrgPresidentRelationshipWithOrgTxt
Loan PurposeAdvance to allow foundation to pay scholarships based on grant receivable from TPG GlobalLoanPurposeTxt
Loan To OrganizationYes (X)LoanToOrganizationInd
Original Principal$10,000OriginalPrincipalAmt
Balance Due$10,000BalanceDueAmt
DefaultfalseDefaultInd
Board Or Committee ApprovalYes (true)BoardOrCommitteeApprovalInd
Written AgreementfalseWrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$10,000TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (21 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990-EZ, Part III, Line 31Educational Advisory Program Assisted numerous Vietnamese students in large and small groups in their efforts to understand the U.S. educational system and search for a suitable school. See Schedule O Supplemental Information for further detail.Grants and allocations 0, Program service expenses 9,601
Form 990-EZ, Part I, Line 10, Grants PaidActivity Donate 66 scholarships for blind college students in HCMC, Grantee Various, Cash Grant 15,658, Relationship
Form 990-EZ, Part I, Line 16, Other ExpensesTravel, lodging, and meals 12,241
Form 990-EZ, Part I, Line 16, Other ExpensesEquipment 912
Form 990-EZ, Part I, Line 16, Other ExpensesVonage phone fees 72
Form 990-EZ, Part I, Line 16, Other ExpensesConference fees 237
Form 990-EZ, Part I, Line 16, Other ExpensesOffice expense 2,122
Form 990-EZ, Part I, Line 16, Other ExpensesTechcombank card expenses 1,227
Form 990-EZ, Part I, Line 16, Other ExpensesBank fees 421
Form 990-EZ, Part I, Line 20, Net AssetsForeign exchange gain 167
Form 990-EZ, Part II, Line 26, LiabilitiesDue to Kien Pham for advance to pay scholarships from TPG Global prior to receipt of cash Beginning of year 10,000, End of year 10,000
Form 990-EZ, Part III, Line 28Program 1, line 28 Open Educational Resource OER Program In 2013 and 2014, we devoted a major amount of time and resources to building an educational platform for Vietnamese users to contribute to and to download teaching and learning materials free of charge. As a result, in March 2014, VNF officially launched Hanoi Spring, a new online educational resource system. Hanoi Spring is an advanced technology platform designed to allow the public to share teaching and learning materials and curriculum development. It is based on the concept of open educational resources OER.
Form 990-EZ, Part III, Line 28Program 1, line 28 contd Under the management of VNF, the Vietnam Open Educational Resources VOER has become a major portal for students and teachers inside and outside of Vietnam. Every day, more than 30,000 visitors access VOER www.voer.edu.vn to research and download materials. 90 of them are domestic users and the rest are international visitors from the US, Germany, India, Russia, Japan, and other countries. There are more than 21,000 knowledge modules from more than 3,700 contributing authors. The number of mobile device users is increasing rapidly, reaches 20 of total users. We are adding mobile functionalities and social network features into Hanoi Spring to support users. There are 205 entities joining VOER to become member of the VOLT Alliance Vietnam Open Learning Technology. They include universities, research institutes, companies, and non-profit organizations.
Form 990-EZ, Part III, Line 28Program 1, line 28 contd The Vietnam Foundation and its technology team in Hanoi play a leading role in the development, technology and framework for global OER. Vietnamese OER experts have been invited to Paris to advise UNESCO on its OER policy recommendations, and they have traveled to other countries to help educational institutions implement OER programs.
Form 990-EZ, Part III, Line 29Program 2, line 29 Institutional Linkage Program We continued to maintain and strengthen ties between US universities and Vietnamese institutions. We provided assistance to a significant number of faculties from U.S. universities including Stanford University, the University of California in Irvine, the University of California in San Diego, to establish contacts and exchanges with suitable educational entities in Vietnam.
Form 990-EZ, Part III, Line 30Program 3, line 30 We provided assistance to handicapped students in local universities and schools and gave financial aid to build a kinder-garden school in a mountainous province.
Form 990-EZ, Part III, Line 30Program 3, line 30 contd VNF scholarship program for blind college students named Sunflower Scholarship in Ho Chi Minh City HCMC became an annual, traditional and well-recognized scholarship program since its establishment in 2008. The scholarship program was established to financially support and award blind students in HCMC who were pursuing college study. The number of scholarship recipients continued to rise each year. In 2013, VNF had 66 blind scholars who were excelling in college. Each scholarship amounted to 5 million Vietnamese dong, equivalent to USD 238. Most of the scholarship recipients were from underprivileged families in central and Southern provinces, and some of their parents were dioxin-affected by the wars. However, they all shared a desire to purse higher education for a better future. Many of them chose to study pedagogy, psychological counseling, and music.
Form 990-EZ, Part III, Line 30Program 3, line 30 contd The laptops for top performers in the program have also grown with a larger number of scholarship recipients. In 2013, 11 laptops were granted to the top scholars who met the requirement of GPA equal to or above 4.0. This support facilitated their study and research at school and improve their contact with the global community.
Form 990-EZ, Part III, Line 30Program 3, line 30 contd Younger students at primary, secondary and high schools with blindness were also our targeted scholarship recipients. In 2003, VNF granted 50 scholarships to this group of students.
Form 990-EZ, Part III, Line 30Program 3, line 30 contd Following our school building project in remote mountainous areas, in April 2014, we contributed USD 4,750 to help build a kinder-garden school in Bac Quang, Ha Giang Province.
Form 990-EZ, Part III, Line 31Program 4, line 31 Educational Advisory Program We assisted numerous Vietnamese students in large and small groups in their efforts to understand the U.S. educational system and search for a suitable school. We participated in local forums and seminars to provide knowledge.

Compensation Explanation CompensationExplanation

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