VIETNAM FOUNDATION: Form 990EZ, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
VIETNAM FOUNDATION (EIN 01-0905269)
Tax period
2012-07-01 to 2013-06-30
Filed
2014-01-13
IRS object ID
201400149349200030
Schema version
2012v2.2
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)
Timestamp2014-01-13T07:02:20-00:00Timestamp
Tax Period End Date2013-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

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

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1776 Sonne DriveAddressLine1
CityAnnapolisCity
StateMDState
ZIP Code21401ZIPCode
FieldValueIRS element (for citing)
Return Type990EZReturnType
Tax Period Begin Date2012-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN010905269EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Vietnam FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlVIETNameControl
Phone2023342787Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1500 Fifth Street NW Room 570AddressLine1
CityWashingtonCity
StateDCState
ZIP Code20001ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameH Ray GambleName
TitleChairmanTitle
Date Signed2014-01-13DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameRoy D Carson CPAName
Phone4105735558Phone
Date Prepared2014-01-13DatePrepared
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-11-30 17:44:51ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashXMethodOfAccountingCash
Web Sitewww.vnfoundation.orgWebSite
Organization501c3XOrganization501c3
Gross Receipts94705GrossReceipts
Info In Schedule O Part IXInfoInScheduleOPartI
Contributions Gifts Grants Etc94482ContributionsGiftsGrantsEtc
Investment Income223InvestmentIncome
Total Revenue94705TotalRevenue
Grants And Similar Amounts Paid29137GrantsAndSimilarAmountsPaid
Salaries Other Comp Empl Benefits47668SalariesOtherCompEmplBenefits
Fees And Oth Pymt To Ind Contractors1164FeesAndOthPymtToIndContractors
Occupancy Rent Utilities And Maint14692OccupancyRentUtilitiesAndMaint
Other Expenses Total21964OtherExpensesTotal
Total Expenses114625TotalExpenses
Excess Or Deficit For Year-19920ExcessOrDeficitForYear
Net Assets Or Fund Balances BOY95052NetAssetsOrFundBalancesBOY
Other Changes In Net Assets-10053OtherChangesInNetAssets
Net Assets Or Fund Balances EOY65079NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIXInfoInScheduleOPartII

Cash Savings And Investments CashSavingsAndInvestments

FieldValueIRS element (for citing)
BOY95052BOY
EOY75079EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY95052BOY
EOY75079EOY

Sum Of Total Liabilities SumOfTotalLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY10000EOY

Net Assets Or Fund Balances NetAssetsOrFundBalances

FieldValueIRS element (for citing)
BOY95052BOY
EOY65079EOY
FieldValueIRS element (for citing)
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Primary Exempt PurposeConduct educational activities to improve the lives of the Vietnamese people.PrimaryExemptPurpose

Program Service Accomplishment ProgramServiceAccomplishment (4 entries)

Description Program Service AccomDescriptionProgramServiceAccomProgram Service ExpensesProgramServiceExpensesGrants And AllocationsGrantsAndAllocationsIncludes Foreign GrantsIncludesForeignGrants
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.59634
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.8220
Provided assistance to handicapped students in local universities, and provided gifts to primary schools and orphanages. See Schedule O Supplemental Information for further detail.3785629137X
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.8220
FieldValueIRS element (for citing)
Total Program Service Expenses113930TotalProgramServiceExpenses

Officer Director Trustee Key Empl OfficerDirectorTrusteeKeyEmpl (4 entries)

TitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
Kien Pham
President010.000
H Ray Gamble
Chairman002.000
Julie Parker
Treasurer001.000
Asha Davis
Secretary001.000
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRpt
Made Changes To Orgnzng Etc DocfalseMadeChangesToOrgnzngEtcDoc
Organization Had UBIfalseOrganizationHadUBI
Subject To Proxy TaxfalseSubjectToProxyTax
Organization Dissolved EtcfalseOrganizationDissolvedEtc
Did Org File Form1120 POL This YearfalseDidOrgFileForm1120POLThisYear
Made Loans To From OfficerstrueMadeLoansToFromOfficers
Loans To From Officers10000LoansToFromOfficers
Tax Imposed Under IRC49110TaxImposedUnderIRC4911
Tax Imposed Under IRC49120TaxImposedUnderIRC4912
Tax Imposed Under IRC49550TaxImposedUnderIRC4955
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTrans
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonH Ray GambleNamePerson

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1500 Fifth Street NWAddressLine1
CityWashingtonCity
StateDCState
ZIP Code20001ZIPCode
FieldValueIRS element (for citing)
Telephone Number2023342787TelephoneNumber
FieldValueIRS element (for citing)
Foreign Financial AccounttrueForeignFinancialAccount
Foreign Financial Account CountryVMForeignFinancialAccountCountry
Foreign OfficetrueForeignOffice
Foreign Office CountryVMForeignOfficeCountry
Maintain Any Donor Advised FundsfalseMaintainAnyDonorAdvisedFunds
Does Org Have HospitalfalseDoesOrgHaveHospital
Tanning Services ProvidedfalseTanningServicesProvided
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction With Control EntityfalseTransactionWithControlEntity
Engage Political Cmpgn ActivitiesfalseEngagePoliticalCmpgnActivities
Engage In Lobbying ActivitiesfalseEngageInLobbyingActivities
Operating SchoolfalseOperatingSchool
Trnsfrs Exempt Non Char Related OrgfalseTrnsfrsExemptNonCharRelatedOrg
Part VI Of Comp Of Highest Paid EmplNONEPartVIOfCompOfHighestPaidEmpl
Part VIA Hghst Paid Cntrct Prof SerNONEPartVIAHghstPaidCntrctProfSer
Filed Schedule AtrueFiledScheduleA

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years50000CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years102850CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years101792CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year142743CurrentTaxYearMinus1Year
Current Tax Year94482CurrentTaxYear
Total491867Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years50000CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years102850CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years101792CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year142743CurrentTaxYearMinus1Year
Current Tax Year94482CurrentTaxYear
Total491867Total
FieldValueIRS element (for citing)
Public Support Total170491867PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years23CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years319CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year517CurrentTaxYearMinus1Year
Current Tax Year223CurrentTaxYear
Total1082Total
FieldValueIRS element (for citing)
Total Support492949TotalSupport
Public Support Pertcentage1700.99780PublicSupportPertcentage170
Public Support Pertcent Prior Year0.99780PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170
Public Support Percentage5090.00000PublicSupportPercentage509
Investment Income Percentage0.00000InvestmentIncomePercentage

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule L IRS990ScheduleL

Loan Table LoanTable

FieldValueIRS element (for citing)
Name PersonKien PhamNamePerson
Relationship With OrganizationPresidentRelationshipWithOrganization
Purpose Of LoanAdvance to allow foundation to pay scholarships based on grant receivable from TPG GlobalPurposeOfLoan
Loan To OrganizationXLoanToOrganization
Original Principal$10,000OriginalPrincipalAmount
Balance Due10000BalanceDue
DefaultfalseDefault
Approved By BoardtrueApprovedByBoard
Written AgreementfalseWrittenAgreement
FieldValueIRS element (for citing)
Total Balance Due10000TotalBalanceDue

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (20 entries)

ExplanationExplanation
Form 990-EZ, Part III, Line 31 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. Grants and allocations 0, Program service expenses 8,220
Form 990-EZ, Part I, Line 10, Grants Paid Activity Donate 16 laptops for blind college students in Ho Chi Minh City, Grantee Various Various Vietnam, Cash Grant 5,377, Relationship
Form 990-EZ, Part I, Line 10, Grants Paid Activity Grant 75 scholarships for blind college students in Ho chi Minh City, Grantee Various Various Vietnam, Cash Grant 18,003, Relationship
Form 990-EZ, Part I, Line 16, Other Expenses Travel, lodging, and meals 9,972
Form 990-EZ, Part I, Line 16, Other Expenses Equipment 1,132
Form 990-EZ, Part I, Line 16, Other Expenses Vonage phone fees 432
Form 990-EZ, Part I, Line 16, Other Expenses Conference fees 4,804
Form 990-EZ, Part I, Line 16, Other Expenses Office expense 3,037
Form 990-EZ, Part I, Line 16, Other Expenses Techcombank card expenses 2,278
Form 990-EZ, Part I, Line 16, Other Expenses Bank fees 229
Form 990-EZ, Part I, Line 16, Other Expenses Taxes paid 80
Form 990-EZ, Part I, Line 20, Net Assets Loan from Kien Pham -10,000
Form 990-EZ, Part I, Line 20, Net Assets Foreign exchange loss -53
Form 990-EZ, Part II, Line 26, Liabilities Due to Kien Pham for advance to pay scholarships from TPG Global prior to receipt of cash Beginning of year 0, End of year 10,000
Form 990-EZ Part III Line 28 Program 1, line 28 Open Educational Resource OER Program In 2012 and 2013, 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. The goal was to help solve the lack of educational content in Vietnam. The Vietnam Open Educational Resource VOER--www.voer.edu.vn is the only comprehensive OER platform in the country of Vietnam. It has more than 20,000 knowledge modules and attracts more than 30,000 unique visitors per day. We also provide print-on-demand service which is free of charge to support several universities and individual lecturers/learners using VOER content in their teaching and learning. We printed about 50 selected topics 10 to 20 copies each topic.
Form 990-EZ Part III Line 28 Program 1, line 28 contd In 2012, recognizing the demanding needs of the Vietnamese users, VNF has built up a definitely new platform. Its advantages are modern interface and technical tools, faster responses, user-orientation, facilitating search work. It acts as a milestone in the development of VOER. The content provided by Vietnamese educational and research institutions, universities, and well-known professors has been moving to the new platform under trial period.
Form 990-EZ Part III Line 28 Program 1, line 28 contd As an active member in OER worldwide movement, VNF has developed a strong network at international, regional and national levels. We have participated in UNESCO meetings on OER to exchange knowledge and practical experiences of developing OER in Vietnam. We worked closely with Wawasan University in Malaysia to promote the development of OER Asia. VNF representatives have contributed experiences and guidelines related to OER application and development in several in-country seminars and conferences.
Form 990-EZ Part III Line 29 Program 2, line 29 Institutional Linkage Program In 2012 and 2013, we continued to maintain and strengthen ties between US universities and Vietnamese institutions. We provided assistance to a significant number of faculty from U.S. universities including Rice University, Stanford University, the University of California in Irvine, the University of California in San Diego, the University of Iowa to establish contacts and exchanges with suitable educational entities in Vietnam. From these efforts, U.S. schools were able to establish programs in Vietnam. As a case in point, the University of California in Irvine now has a regular program to bring qualified Vietnamese students into their undergraduate schools.
Form 990-EZ Part III Line 30 Program 3, line 30 We also provided assistance to handicapped students in local universities, helped Vietnamese non-profit groups organize their operations, supported developing a website of online books and materials for the blind http//sachnoionline.com/, and provided gifts to primary schools and orphanages. The annual scholarship program for the blind students named Sunflower Scholarship program has brought positive effects for the last 4 years. Up to now, 300 students have been granted scholarships by VNF. The number of scholarships have steadily increased through the years. Many students have graduated and continued Master program. During the year 2012-2013, we granted 75 scholarships each costs USD 240 and 16 laptops each costs 336 USD to outstanding blind college students. Understanding the difficulties of pupils in Yen Bai province, VNF contributed USD 4,798 to help build a primary school and grant scholarships to pupils. We also donated USD 958 to help the lepers in Buon Me Thuot province.
Form 990-EZ Part III Line 31 Program 4, line 31 Educational Advisory Program In 2012 and 2013, 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 regular local forums to provide knowledge.

Compensation Explanation CompensationExplanation

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