2015-05-11T14:14:29-05:00 2014-06-30 131459550 WEISERMAZARS LLP 135 WEST 50TH STREET NEW YORK NY 10020 990 2013-07-01 030529005 EMPOWER - THE EMERGING MARKETS FOUNDATIO EMPO 2126084455 111 JOHN STREET NO 2410 NEW YORK NY 10038 MARTA CABRERA PRESIDENT 2126084455 2015-05-08 1 JEFFREY KATZ P00428732 2128127000 2013 2016-02-25 16:41:14Z MARTA CABRERA 111 JOHN STREET NO 2410 NEW YORK NY 10038 2661384 0 X WWW.EMPOWER.ORG X 2006 NY EMPOWER TIES RESOURCES OF EMERGING MARKETS PROFESSIONALS WORLDWIDE WITH THE VITALITY OF COMMUNITY-BASED SOCIAL SECTOR INITIATIVES IN DEVELOPING COUNTRIES. 15 14 13 15 0 0 671185 1924366 734603 611312 3866 1794 1093 -35596 1410747 2501876 708000 802000 0 0 973714 970328 0 0 129512 285544 439807 1967258 2212135 -556511 289741 2172433 2531317 686550 755693 1485883 1775624 EMPOWER'S MISSION IS TO PROVIDE AT-RISK YOUNG PEOPLE IN EMERGING MARKET COUNTRIES WITH THE RESOURCES, SKILLS,MENTORSHIP AND OPPORTUNITIES TO IMPROVE THEIR LIVES AND IN TURN HELP BETTER THEIR FAMILIES, COMMUNITIES AND THE WORLD AROUND THEM. 0 0 1901936 802000 611312 EMPOWER MADE 32 GRANTS TO PARTNERS IN 14 COUNTRIES TO IMPROVEOPPORTUNITIES FOR AT-RISK YOUTH THROUGH EDUCATION, LIVELIHOODS,LEADERSHIP AND COMMUNITY ENGAGEMENT AND HEALTH AND WELL-BEING (ANOTHER44 GRANTS WERE MADE THROUGH EMPOWER ENTITIES IN THE UK AND HONG KONGTOTALING $1,558,500. 1901936 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 13 0 1 13 1 0 0 0 0 0 1 1 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X CDS BOOKKEEPING SERVICE LLC 2013842800 1182 TEANECK ROAD TEANECK NJ 07666 MARTA CABRERA PRESIDENT 40.00 X X 135560 0 24066 BANU BASER CHAIR 1.00 X X 0 0 0 ANDRES BORREGO VICE CHAIR 1.00 X X 0 0 0 KRISTEN CEVA TREASURER 1.00 X X 0 0 0 JAMIE ROBLES SECRETARY 1.00 X X 0 0 0 JAMES DONALD BOARD MEMBER 1.00 X 0 0 0 BETH FREDERICK BOARD MEMBER 1.00 X 0 0 0 MICKAEL HIRSCHHOM BOARD MEMBER 1.00 X 0 0 0 RUPERT HOPE BOARD MEMBER 1.00 X 0 0 0 KATHLEEN KINSELLA BOARD MEMBER 1.00 X 0 0 0 ROBERT KUSHEN BOARD MEMBER 1.00 X 0 0 0 ROBERT VON REKOWSKY BOARD MEMBER 1.00 X 0 0 0 MATTHEW W RYAN BOARD MEMBER 1.00 X 0 0 0 MICHAEL SELTZER BOARD MEMBER 1.00 X 0 0 0 JIM VALONE BOARD MEMBER 1.00 X 0 0 0 CYNTHIA STEELE EXECUTIVE VICE PRESIDENT 40.00 X 148922 0 22216 284482 0 46282 2 0 1 0 0 349316 1575050 1924366 GRANT ADMINISTRATION F 900099 611312 611312 611312 1794 1794 122880 349316 159508 -36628 -36628 OTHER 900099 1032 1032 1032 2501876 611312 0 -33802 802000 802000 135560 108448 11523 15589 666502 533201 56653 76648 48578 38862 4130 5586 61675 49341 5241 7093 58013 46410 4931 6672 100 100 53767 53767 163430 147121 13909 2400 30452 25885 2588 1979 67595 54076 5746 7773 72433 67671 2473 2289 6406 5445 545 416 1060 1060 PUBLICATIONS 15076 14526 550 BAD DEBTS 10000 10000 BANK AND CREDIT CARD FE 9848 1495 5921 2432 MISCELLANEOUS 9640 7455 2100 85 2212135 1901936 180687 129512 583276 105173 1202667 1663399 202265 708216 109341 19015 5341 57624 38881 25149 18743 30720 30445 2172433 2531317 48550 54448 638000 657000 0 44245 686550 755693 X 516563 576984 969320 1198640 1485883 1775624 2172433 2531317 289741 0 X 0 1 X 1 0 X 825796 2447865 1125180 671185 2047525 7117551 825796 2447865 1125180 671185 2047525 7117551 2745544 4372007 1138 781 778 3866 1794 8357 7125908 2657 0.61350 0.65280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23102 20484 2618 34522 18397 16125 18743 DUE TO AFFILIATES 44245 44245 X 2501876 0 2501876 0 2501876 2212135 0 2212135 0 2212135 PART X, LINE 2: THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL AND STATE TAX EXAMINATIONS BY THE RESPECTIVE TAXING AUTHORITIES FOR THE YEARS PRIOR TO 2011. 1 EAST ASIA AND THE PACIFIC 0 0 GRANTS TO RECIPIENTS IN REGION SUPPORT YOUTH PROGRAMS 5000 NORTH AMERICA 0 0 GRANTS TO RECIPIENTS IN REGION SUPPORT YOUTH PROGRAMS 1000 SOUTH AMERICA 0 0 GRANTS TO RECIPIENTS IN REGION SUPPORT YOUTH PROGRAMS 311500 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS IN REGION SUPPORT YOUTH PROGRAMS 159500 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS IN REGION SUPPORT YOUTH PROGRAMS 305000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS IN REGION SUPPORT YOUTH PROGRAMS 20000 0 0 0 0 0 0 802000 0 802000 EAST ASIA AND THE PACIFIC SUPPORT YOUTH PROGRAMS 5000 WIRE TRANSFER NORTH AMERICA SUPPORT YOUTH PROGRAMS 1000 WIRE TRANSFER SOUTH AMERICA SUPPORT YOUTH PROGRAMS 311500 WIRE TRANSFER SOUTH ASIA SUPPORT YOUTH PROGRAMS 159500 WIRE TRANSFER SUB-SAHARAN AFRICA SUPPORT YOUTH PROGRAMS 305000 WIRE TRANSFER EUROPE (INCLUDING ICELAND & GREENLAND) SUPPORT YOUTH PROGRAMS 20000 WIRE TRANSFER 27 0 0 0 0 0 0 PART I, LINE 2: PRIOR TO ISSUING A GRANT WE UNDERGO EXTENSIVE DUE DILIGENCE TO ENSURE ACCOUNTABILITY OF FUNDS WERE WE TO INITIATE A PARTNERSHIP. THIS IS THROUGH ON-SITE VISITS OR OFF-SHORE MEETINGS WITH MANAGEMENT. POST GRANT, WE REQUIRE A MID-TERM REPORT AND A FINAL REPORT. IF THE ORGANIZATION HAD NOT BEEN VISITED PRIOR TO THE GRANT, THE RESPONSIBLE PROGRAM OFFICER WILL VISIT DURING THE ONE YEAR PERIOD OF THE INITIAL GRANT. WE ALSO RELY ON THE INFORMATION OF AN EXTENSIVE NETWORK OF INTERNATIONAL FUNDERS OR LOCAL NATIONAL PRIVATE FOUNDATIONS THAT HAVE A RELATIONSHIP WITH THE SAME GRANTEE. ANNUAL DINNER 414696 347816 66880 103252 TROIS ETAPES 57500 1500 56000 56256 472196 349316 122880 159508 159508 -36628 X X 0 0 0 0 0 0 0 0 0 MARTA CABRERA PRESIDENT 135560 0 0 0 0 0 12480 0 11586 0 159626 0 0 0 CYNTHIA STEELE EXECUTIVE VICE PRESIDENT 148922 0 0 0 0 0 12128 0 10088 0 171138 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED IN DETAIL BY THE FINANCE/AUDIT COMMITTEE. THE FINANCE/AUDIT COMMITTEE CONSISTS OF FOUR BOARD DIRECTORS, ONE OF WHOM IS THE TREASURER. THIS MEETING TAKES PLACE WITH THE PRESIDENT AND THE INDEPENDENT AUDITOR. THE FORM 990 IS THEN DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS MUST ANNUALY DISCLOSE WHETHER THEY HAVE ANY CONFLICTS. CONFLICTS ARISE WHEN DIRECTORS OF THE GOVERNING BODY PROPOSE A CERTAIN GRANTEE TO BE CONSIDERED FOR FUNDING. IF, AFTER STAFF DUE DILIGENCE, THE ORGANIZATION IS RECOMMENDED TO THE BOARD FOR APPROVAL, THE REFERRING DIRECTOR MUST RECUSE HIM/HERSELF FROM THE APPROVAL PROCESS. FORM 990, PART VI, SECTION B, LINE 15 THE JOINT EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION OF THE PRESIDENT AND THIS WAS LAST DONE IN NOVEMBER 2014. THE LAST PERFORMANCE APPRAISAL BY THE COMMITTEE WAS DONE IN JUNE 2014 FOR THE FISCAL YEAR ENDED JUNE 30, 2014. THIS WAS BASED ON A SELF-ASSESSMENT; 360 FEEDBACK FROM STAFF AND OTHER BOARD DIRECTORS; AND A MEETING WITH THE EXECUTIVE DIRECTOR TO ESTABLISH FUTURE GOALS AND MEASURE PERFORMANCE AGAINST PAST GOALS. THE JOINT EXECUTIVE COMMITTEE IS CURRENTLY PERFORMING A PERFORMANCE REVIEW IN SUMMER 2015. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE MADE PUBLIC THROUGH THE WEBSITE AS WELL AS DISTRIBUTION TO BOARD DIRECTORS AND MAJOR SUPPORTERS. OTHER DOCUMENTS ARE MADE AVAILABLE ON DEMAND. EMPOWER UK 20-22 BEDFORD ROW LONDON WC1R 4JS UK PROMOTE MISSION THROUGHOUT EUROPE UK 0 EMPOWER HONG KONG 9A FOO CHEONG BUILDING 82-86 WING SHEUNG WAN HK PROMOTE MISSION THROUGHOUT ASIA HK 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 EMPOWER UK L 611322 PAYMENT EMPOWER HK L 0 SCHEDUE R, PART II EMPOWER - THE EMERGING MARKETS FOUNDATION WORKS IN CONJUNCTION WITH TWO SISTER ORGANIZATIONS: EMPOWER - THE EMERGING MARKETS FOUNDATION (LTD) INCORPORATED IN THE UNITED KINGDOM; AND, EMPOWER - THE EMERGING MARKETS FOUNDATION (HONG KONG) LTD. INCORPORATED IN HONG KONG. ALL THREE ORGANIZATIONS SHARE THE SAME VISION AND MISSION, AND ARE MANAGED BY A SENIOR MANAGEMENT TEAM BASED IN NEW YORK WITH A GLOBAL FOCUS. DURING THE CURRENT FISCAL YEAR 2014, EMPOWER IN THE AGGREGATE HAS GRANTED $3.5 MILLION WITH A BUDGET OF $5.7 MILLION.