2015-11-13T15:18:43-07:00 2015-06-30 990 2014-07-01 203287404 UNITED STATES FUND FOR UNICEF IN KIND ASSISTANCE CORPORATION UNIT 2126865522 125 Maiden Lane 10th Floor New York NY 10038 Edward G Lloyd COO/CFO & Treasurer 2126865522 2015-10-20 2014 2016-03-07 17:11:31Z CARYL M STERN 125 MAIDEN LANE 10TH FLOOR NEW YORK NY 10038 51838913 0 X www.unicefusa.org X 2005 NY The organization operates and administers the Gift-In-Kind programs of the Member other than the pre-existing Gift-In-Kind program to combat River Blindness which will continue to be operated and administered by the US Fund for UNICEF (USF), and shall operate and administer on behalf of the USF a Revolving Guarantee Bridge Fund to provide a pool of revolving financial resources to fund various "programmatic gaps" at UNICEF and other charitable or nongovernmental organizations, such as forward commitments, immediate funding in the event of catastrophic emergencies, acquiring essential life-saving priority supplies, vaccines, and medicines, and the ability to lock in discounts and advantageous pricing. 5 4 0 0 0 0 155262583 51455253 0 0 209321 383660 0 0 155471904 51838913 150582083 46324703 0 0 0 0 0 0 72000 802615 1166506 151384698 47491209 4087206 4347704 35507536 57100047 27085230 44469527 8422306 12630520 Saving Children's Lives Around the World by operating and administering certain gift-in-kind programs for the US Fund for UNICEF (USF). Additionally, utilizing a Revolving Guarantee Bridge Fund that secures better pricing, faster delivery and a consistent flow of essential goods for children in the developing world by distributing critical, flexible capital to overcome traditional funding obstacles when purchasing urgently needed supplies that save children's lives. 0 0 47386009 0 47386009 The organization operates and administers on behalf of the US Fund for UNICEF a Revolving Guarantee Bridge Fund that provides financial resources to secure better pricing, faster delivery and a consistent flow of essential goods for children in the developing world by distributing critical, flexible capital to overcome traditional funding obstacles when purchasing urgently needed supplies that save children's lives. 0 0 0 N/A 0 0 0 N/A 0 0 0 47386009 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 X 5 4 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X X X Richard Esserman 2126865522 125 Maiden Lane 10th Floor New York NY 10038 Andrew Beer Director/Chairman 2 1 X X 0 0 0 Antony Pantaleoni Director 1 2 X 0 0 0 Dolores R Gahan Director (Beginning 5/2015) 1 5 X 0 0 0 Mehdi Mahmud Director 1 0 X 0 0 0 Peter Lamm Director (Until 2/2015) 1 10 X 0 0 0 Caryl Stern President, CEO & Director 5 65 X X 0 516565 79130 Nelson Chai Secretary 1 2 X 0 0 0 Edward G Lloyd Treasurer 10 50 X 0 382115 69178 Richard Esserman Asst. Treasurer 5 45 X 0 208222 49221 Lynn Stratford Assistant Secretary 5 45 X 0 276081 32305 0 1382983 229834 0 0 1 0 0 0 0 0 37455253 0 14000000 0 51455253 0 383660 383660 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 51838913 383660 0 0 0 0 0 0 46324703 46324703 0 0 0 0 0 1166506 1061306 33200 72000 47491209 47386009 33200 72000 103089 5784805 0 0 0 0 20668481 26331621 0 0 0 0 0 0 0 0 0 0 14735966 24983621 0 0 0 0 0 0 0 35507536 57100047 235230 439814 0 9829713 0 0 0 0 0 0 0 0 0 26850000 34200000 0 0 27085230 44469527 X 8422306 12630520 0 0 0 0 8422306 12630520 35507536 57100047 4347704 -139490 0 0 0 0 X 0 1 X 1 0 X X X 1 United States Fund for UNICEF 131760110 501 (C)(3) 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 X 51699423 -139490 0 0 0 -139490 51838913 0 0 0 51838913 47491209 0 0 0 0 0 47491209 0 0 0 47491209 Schedule D, Part X, Line 2 THE US FUND FOR UNICEF IN KIND ASSISTANCE CORPORATION (USF-IKAC) IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE (IRC) AND IS CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION UNDER SECTION 509 (a)(3) OF THE IRC. USF-IKAC IS ALSO EXEMPT FROM STATE AND LOCAL INCOME TAXES AND QUALIFY FOR THE MAXIMUM CHARITABLE CONTRIBUTION DEDUCTION BY DONORS. USF-IKAC RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. NO PROVISION FOR INCOME TAXES HAS BEEN MADE AS USF-IKAC HAS NOT REPORTED ANY TAXABLE UNRELATED BUSINESS INCOME AND ANY UNRELATED BUSINESS INCOME IS OFFSET BY ASSOCIATED EXPENDITURES. USF-IKAC EVALUATES, ON AN ANNUAL BASIS, THE EFFECTS OF ANY UNCERTAIN POSITIONS ON ITS CONSOLIDATED FINANCIAL STATEMENTS. 1 East Asia and the Pacific 0 0 Grantmaking TO SUPPORT CHILD SURVIVAL, CHILD PROTECTIONS AND POLIO ERADICATION PROGRAMS 245956 Middle East and North Africa 0 0 Grantmaking TO SUPPORT CHILD SURVIVAL, CHILD PROTECTION AND POLIO ERADICATION PROGRAMS 2213599 South Asia 0 0 Grantmaking TO SUPPORT CHILD SURVIVAL, POLIO ERADICATION PROGRAMS AND EMERGENCIES 12661714 Sub-Saharan Africa 0 0 Fundraising TO SUPPORT CHILD SURVIVAL, CHILD PROTECTION, POLIO ERADICATION PROGRAMS AND EMERGENCIES 31203434 0 0 46324703 East Asia and the Pacific GRANT MAKING ACTIVITIES TO SUPPORT CHILD SURVIVAL, CHILD PROPTECTION PROGRAMS AND POLIO ERADICATION PROGRAMS 245956 WIRE TRANSFER 0 N/A Middle East and North Africa GRANT MAKING ACTIVITIES TO SUPPORT CHILD SURVIVAL, CHILD PROTECTION PROGRAMS AND POLIO ERADICATION PROGRAMS 2213599 WIRE TRANSFER 0 N/A South Asia GRANT MAKING ACTIVITES TO SUPPORT EMERGENCIES, CHILD SURVIVAL AND PROTECTION AND POLIO ERADICATION PROGRAMS 12661714 WIRE TRANSFER 0 N/A Sub-Saharan Africa TO SUPPORT CHILD SURVIVAL, CHILD PROTECTION, POLIO ERADICATION PROGRAMS AND EMERGENCIES 31203434 WIRE TRANSFER 0 N/A 0 1 0 0 0 0 0 0 Schedule F, Part I, Line 2 THE US FUND FOR UNICEF IN KIND ASSISTANCE CORPORATION MONITORS THE GRANTS BY REQUIRING THE GRANTEE TO SUBMIT REPORTS AND MILESTONES AS DEFINED IN THE AGREEMENT. GRANTEES ARE RESPONSIBLE FOR INSURING THAT PROJECTS ARE EXECUTED IN ACCORDANCE WITH THE DEFINED TIMELINES AND MILESTONES AS SET FORTH IN THE GRANT. IN CERTAIN SITUATIONS, SITE VISITS ARE MADE TO ASCERTAIN COMPLIANCE TO GRANT AGREEMENTS. IN OTHER CASES, AN ANNUAL MEETING OF THE GRANTEES ARE HELD TO ASCERTAIN THAT PROGRAMS AND PROJECTS ARE EXECUTED IN ACCORDANCE WITH THE DEFINED TIMELINES AND MILESTONES AS SET FORTH IN THE AGREEMENT AND ANY MODIFICATIONS, REVISIONS AND AMENDMENTS ARE EXECUTED AS NEEDED 0 0 0 0 0 0 0 0 0 Caryl Stern President, CEO & Director 0 496565 0 20000 0 0 0 40397 0 38733 0 595695 0 Edward G Lloyd Treasurer 0 372115 0 10000 0 0 0 33319 0 35859 0 451293 0 0 Richard Esserman Asst. Treasurer 0 208222 0 0 0 0 0 18415 0 30806 0 257443 0 Lynn Stratford Assistant Secretary 0 261081 0 15000 0 0 0 18276 0 14029 0 308386 0 0 Schedule J, Part I, Line 3 SEE SCHEDULE O, PART VI, SECTION B LINE 15 Form 990, Part V, Line 7g THE ORGANIZATION DID NOT RECEIVE ANY CONTRIBUTION OF QUALIFIED INTTECTUAL PROPERTY Form 990, Part V, Line 7h THE ORGANIZATION DID NOT RECEIVE ANY CONTRIBUTION OF CARS, BOATS, AIRPLANES AND OTHER VEHICLE Form 990, Part VI, Section A, Line 2 Andrew Beer, Chairman & Nelson Chai, Secretary, Family relationship Form 990, Part VI, Section A, Line 6 THE UNITED STATES FUND FOR UNICEF (USF) IS THE SOLE MEMBER OF THE US FUND FOR UNICEF IN KIND ASSISTANCE CORPORATION. Form 990, Part VI, Section A, Line 7a THE SOLE MEMBER, US FUND FOR UNICEF (USF) APPOINTS THE BOARD OF DIRECTORS OF THE ORGANIZATION Form 990, Part VI, Section A, Line 7b THE SOLE MEMBER, US FUND FOR UNICEF (USF), HAS CERTAIN RESEVED POWERS, INCLUDING THE RIGHT TO APPROVE (1) ANY AMENDMENT TO THE ORGANIZATION'S CERTIFICATE OF INCORPORATION OR BYLAWS; (2) THE OPERATION AND CAPITAL BUDGETS OF THE ORGANIZATION (3) THE ORGANIZATION'S ADOPTION OF AN INVESTMENT AND SPENDING POLICY (4) THE ISSUANCE OF ANY DEBT BY THE ORGANIZATION AND (5) ANY FUNDAMENTAL CHANGES TO THE ORGANIZATION SUCH AS MERGER AND DISSOLUTION. AMONG USF'S RESERVED POWERS IS A POWER TO SET THE NUMBER OF DIRECTORS AND APPOINT ALL DIRECTORS OF THE ORGANIZATION Form 990, Part VI, Section B, Line 11b After the return is prepared by staff, it is reviewed by the Controller, the VP of Finance and Budget and the COO/CFO. Additionally, a copy of the return is sent to the organization's legal counsel for review. The COO/CFO reviews the return with the Chair of the USF Audit Committee and copy of the return is given to all board members prior to filing. Afterthe review process, the return is filed electronically with the COO/CFO or Authorized Officer signing the return. Form 990, Part VI, Section B, Line 12c EVERY STAFF MEMBER OF THE USF AND ITS AFFILIATE IS REQUIRED ANNUALLY TO SIGN A FORM THAT ENSURES EVERYONE IS AWARE OF AND IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE HUMAN RESOURCES DEPARTMENT COLLECTS THE INFORMATION. IN ADDITION, EVERY BOARD MEMBER AND PRINCIPAL OFFICER ANNUALLY COMPLETES A CONFLICT ON INTEREST DISCLOSURE STATEMENT DISCLOSING THE FACTS RELATING TO ANY ACTUAL OR POTENTIAL FINANCIAL INTEREST OR STATING THAT HE OR SHE HAS NO REPORTABLE FINANCIAL INTEREST THAT WOULD CONSTITUTE A CONFLICT OR POTENTIAL CONFLICT OF INTEREST AND ACKNOWLEDGING THAT THEY REVIEWED, UNDERSTAND AND AGREE TO COMPLY WITH THE CONFLICT ON INTEREST POLICY. THE USF AND ITS AFFILIATE HAS AN EXTENSIVE CONFLICT OF INTEREST POLICY THAT ESSENTIALLY REQUIRES ANY BOARD MEMBER OR PRINCIPAL OFFICERS WITH A CONFLICT OR POTENTIAL CONFLICT OF INTEREST TO DISCLOSE THE EXISTENCE AND ALL MATERIAL FACT REGARDING ANY INTEREST IN A TRANSACTION OR MATTER BEING CONSIDERED BY THE BOARD OR A BOARD COMMITTEE AND TO RECUSE HIMSELF OR HERSELF FROM THE MEETING IN WHICH THE TRANSACTION OR MATTER IS DISCUSSED AND VOTED UPON. Form 990, Part VI, Section B, Line 15 ALL COMPENSATION IS PAID BY THE SUPPORTED ORGANIZATION. THE SUPPORTED ORGANIZATION, THE US FUND FOR UNICEF, HAS A POLICY THAT THE COMPENSATION COMMITTEE HAS THE RESPONSIBILITY AND AUTHORITY TO DETERMINE THE NATURE AND AMOUNT OF COMPENSATION TO BE INCLUDED IN THE PRESIDENT'S WRITTEN CONTRACT. DURING THE CONTRACT PROCESS, A COMPARABILITY STUDY (THE "STUDY") IS CONDUCTED BY AN OUTSIDE EMPLOYEE BENEFITS AND COMPENSATION COMPANY WHICH TAKES INTO CONSIDERATION COMPARABLE OTHER ORGANIZATIONS IN THE NEW YORK AREA AND OTHER LIKE SIZE ORGANIZATIONS. THE STUDY IS REVIEWED BY MEMBERS OF THE COMPENSATION COMMITTEE THEN DETERMINES THE TERMS OF THE NEW WRITTEN CONTRACT BETWEEN THE ORGANIZATION AND THE PRESIDENT TO DETERMINE THE TOTAL COMPENSATION TO INCLUDE SALARY, BENEFITS AND INCENTIVES AS APPROPRIATE. THE COMPENSATION COMMITTEE ALSO CONDUCTS AN ANNUAL REVIEW OF THE PRESIDENT. ADDITIONALLY, THE COMMITTEE REVIEWS THE COMPENSATION OF THE SENIOR MANAGEMENT TEAM UNDER A SIMILAR COMPARABLE PROCESS. Form 990, Part VI, Section C, Line 18 THE ORGANIZATION'S FORM 1023 AND FORM 990 ARE AVAILABLE UPON REQUEST. THE ORGANIZATION'S FORMS 990 ARE POSTED IN THE ORGANIZATION'S WEBSITE@WWW.UNICEFUSA.ORG AND ARE ALSO AVAILABLE IN GUIDESTAR AND CHARITY NAVIGATOR. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION GENERALLY DOES NOT MAKE AVAILABLE TO THE PUBLIC ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY, HOWEVER, THESE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. THE FINANCIAL STATEMENTS ARE POSTED IN THE ORGANIZATION'S WEBSITE AT WWW.UNICEFUSA.ORG. United States Fund for UNICEF 125 Maiden Lane 10th Floor New York NY 10038 131760110 Support programs through fundraising, advocacy and education that save children's lives NY 501 (C) (3) 170 (b) (1)(A)(vi) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 United States Fund for UNICEF c 4765350 Cash Grants United States Fund for UNICEF p 365200 REIMBURSEMENTS FOR EXPENSES OF USF-IKAC PAID BY USF United States Fund for UNICEF s 32324703 GRANTS RECEIVED FROM USF TO SUPPORT THE USF-IKAC BRIDGE FUND TRANSACTIONS