ASHESI UNIVERSITY FOUNDATION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
ASHESI UNIVERSITY FOUNDATION (EIN 91-1997089)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-11-14
IRS object ID
201413189349307516
Schema version
2013v3.0
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)
Return2014-11-14T17:01:01-06:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN912011386PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JACOBSON JARVIS & CO PLLCBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 FIRST AVE WEST SUITE 200AddressLine1
CitySEATTLECity
StateWAState
ZIP Code981194219ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN911997089EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASHESI UNIVERSITY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlASHEBusinessNameControlTxt
Phone2065456988PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11414 - 31ST AVE S PMB 11AddressLine1
CitySEATTLECity
StateWAState
ZIP Code98144ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPETER O KOELLEPersonNm
Person TitleSECRETARYPersonTitleTxt
Phone2065456988PhoneNum
Signature2014-10-24SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHOWARD DONKIN CPAPreparerPersonNm
PTINP00147726PTIN
Phone2066288990PhoneNum
Preparation2014-10-24PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPATRICK AWUAHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11414 - 31ST AVE S PMB 11AddressLine1
CitySEATTLECity
StateWAState
ZIP Code98144ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$5,007,217GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ASHESI.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StateWALegalDomicileStateCd
Activity Or MissionTO PROVIDE SUPPORT FOR EDUCATIONAL OPPORTUNITIES IN GHANA.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee5TotalEmployeeCnt
Total Volunteers25TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,805,025PYContributionsGrantsAmt
CY Contributions Grants$3,604,876CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income-$25,106PYInvestmentIncomeAmt
CY Investment Income$185,780CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,779,919PYTotalRevenueAmt
CY Total Revenue$3,790,656CYTotalRevenueAmt
PY Grants And Similar Paid$691,292PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,898,154CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$239,308PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$242,265CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$170,622CYTotalFundraisingExpenseAmt
PY Other Expenses$112,131PYOtherExpensesAmt
CY Other Expenses$107,768CYOtherExpensesAmt
PY Total Expenses$1,042,731PYTotalExpensesAmt
CY Total Expenses$2,248,187CYTotalExpensesAmt
PY Revenues Less Expenses$737,188PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,542,469CYRevenuesLessExpensesAmt
Total Assets BOY$3,105,311TotalAssetsBOYAmt
Total Assets EOY$4,765,842TotalAssetsEOYAmt
Total Liabilities BOY$4,904TotalLiabilitiesBOYAmt
Total Liabilities EOY$192,549TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,100,407NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,573,293NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE SUPPORT FOR EDUCATIONAL OPPORTUNITIES IN GHANA.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,880,059ExpenseAmt
Grant$1,797,300GrantAmt
DescASHESI 2020 - TO FUND THE TOP PRIORITIES FOR INCREASING ASHESI'S IMPACT BY THE YEAR 2020. PRIORITIES INCLUDE: INCREASING DIVERSITY BY EXPANDING OUR STUDENT BODY AND BECOMING MORE PAN-AFRICAN; ADDING NEW HIGH-IMPACT MAJORS FIRST IN ENGINEERING, FOLLOWED BY ECONOMICS AND LAW AND CIVIL SOCIETY; AND BUILDING HOUSING AND CAMPUS INFRASTRUCTURE TO SUPPORT THE EXPANSION OF OUR STUDENT BODY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$100,854ExpenseAmt
Grant$100,854GrantAmt
DescUNIVERSITY SUPPORT (INCLUDING SCHOLARSHIPS) - THE UNIVERSITY SUPPORT PROGRAM PROVIDES SUPPORT FOR SCHOLARSHIPS AND UNIVERSITY OPERATIONS. CLOSE TO 40% OF ASHESI'S STUDENTS ARE ON FINANCIAL AID, THOUGH MOST OF THE SCHOLARSHIPS ARE PROVIDED THROUGH TUITION.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,980,913TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee5EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJOANNA BARGERONPersonNm
Phone2065456988PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11414 - 31ST S PMB 11AddressLine1
CitySEATTLECity
StateWAState
ZIP Code98144ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
TODD WARREN
CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
PATRICK AWUAH
FOUNDATION PRESIDENT20.00Yes (X)Yes (X)$40,000$35,800$15,38020.00
NINA MARINI
SECRETARY2.00Yes (X)Yes (X)$0$0$0
NEIL COLLINS
TREASURER2.00Yes (X)Yes (X)$0$0$0
YAW ASARE-ABOAGYE
TRUSTEE1.00Yes (X)$0$0$0
APRILE AGE
TRUSTEE1.00Yes (X)$0$0$0
KRISTI HELGESON
TRUSTEE1.00Yes (X)$0$0$0
PETER KOELLE
TRUSTEE2.00Yes (X)$0$0$0
SCOTT KUCIREK
TRUSTEE2.00Yes (X)$0$0$0
PATICK NUTOR
TRUSTEE1.00Yes (X)$0$0$0
GURDEEP PALL
TRUSTEE2.00Yes (X)$0$0$0
RUTH WARREN
TRUSTEE4.00Yes (X)$0$0$0
PETER WOICKE
TRUSTEE2.00Yes (X)$0$0$0
SYLVIE GOMIS-TANOH
TRUSTEE1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$40,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$35,800TotReportableCompRltdOrgAmt
Total Other Compensation$15,380TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$156,320GovernmentGrantsAmt
All Other Contributions$3,448,556AllOtherContributionsAmt
Noncash Contributions$668,580NoncashContributionsAmt
Total Contributions$3,604,876TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,107TotalRevenueColumnAmt
Exclusion$7,107ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,395,234SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,216,561SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$178,673SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$178,673TotalRevenueColumnAmt
Exclusion$178,673ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,790,656TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$185,780ExclusionAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$1,898,154TotalAmt
Program Services$1,898,154ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$55,380TotalAmt
Program Services$11,076ProgramServicesAmt
Management And General$11,076ManagementAndGeneralAmt
Fundraising$33,228FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$148,383TotalAmt
Program Services$29,098ProgramServicesAmt
Management And General$41,332ManagementAndGeneralAmt
Fundraising$77,953FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$22,443TotalAmt
Program Services$4,023ProgramServicesAmt
Management And General$5,857ManagementAndGeneralAmt
Fundraising$12,563FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$16,059TotalAmt
Program Services$3,167ProgramServicesAmt
Management And General$4,208ManagementAndGeneralAmt
Fundraising$8,684FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$22,933TotalAmt
Management And General$22,933ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,345TotalAmt
Program Services$2,016ProgramServicesAmt
Fundraising$329FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$13,391TotalAmt
Program Services$2,130ProgramServicesAmt
Management And General$6,753ManagementAndGeneralAmt
Fundraising$4,508FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$54,734TotalAmt
Program Services$30,576ProgramServicesAmt
Management And General$178ManagementAndGeneralAmt
Fundraising$23,980FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,752TotalAmt
Management And General$1,752ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescEQUIPMENT EXPENSESDesc
Total$7,624TotalAmt
Management And General$907ManagementAndGeneralAmt
Fundraising$6,717FundraisingAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,989TotalAmt
Program Services$673ProgramServicesAmt
Management And General$1,656ManagementAndGeneralAmt
Fundraising$2,660FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,248,187TotalAmt
Program Services$1,980,913ProgramServicesAmt
Management And General$96,652ManagementAndGeneralAmt
Fundraising$170,622FundraisingAmt
FieldValueIRS element (for citing)
Joint CostsYes (X)JointCostsInd

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$717,942BOYAmt
EOY$295,441EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$535,219BOYAmt
EOY$3,304,469EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,144,410BOYAmt
EOY$1,013,129EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$11,924BOYAmt
EOY$5,895EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$26,786LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$26,786LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$695,816BOYAmt
EOY$146,908EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,105,311BOYAmt
EOY$4,765,842EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,904BOYAmt
EOY$33,950EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
EOY$158,599EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,904BOYAmt
EOY$192,549EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$932,160BOYAmt
EOY$2,628,374EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,043,247BOYAmt
EOY$1,819,919EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$125,000BOYAmt
EOY$125,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,100,407BOYAmt
EOY$4,573,293EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,105,311BOYAmt
EOY$4,765,842EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,542,469ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$32,883NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$36,700OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

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$1,378,533CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$950,459CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,461,926CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,805,025CurrentTaxYearMinus1YearAmt
Current Tax Year$3,604,876CurrentTaxYearAmt
Total$10,200,819TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,378,533CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$950,459CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,461,926CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,805,025CurrentTaxYearMinus1YearAmt
Current Tax Year$3,604,876CurrentTaxYearAmt
Total$10,200,819TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$3,827,154SubstantialContributorsTotAmt
Public Support Total170$6,373,665PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,555CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,995CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,778CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,331CurrentTaxYearMinus1YearAmt
Current Tax Year$7,107CurrentTaxYearAmt
Total$23,766TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$110,858CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,190CurrentTaxYearMinus3YearsAmt
Total$118,048TotalAmt
FieldValueIRS element (for citing)
Total Support$10,342,633TotalSupportAmt
Public Support CY1700.61630PublicSupportCY170Pct
Public Support PY1700.59680PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

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 D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$138,672BeginningYearBalanceAmt
Investment Earnings Or Losses$6,724InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,468GrantsOrScholarshipsAmt
End Year Balance$138,928EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$109,869BeginningYearBalanceAmt
Contributions$25,000ContributionsAmt
Investment Earnings Or Losses$9,963InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,160GrantsOrScholarshipsAmt
End Year Balance$138,672EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$106,791BeginningYearBalanceAmt
Investment Earnings Or Losses$3,078InvestmentEarningsOrLossesAmt
End Year Balance$109,869EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$100,000BeginningYearBalanceAmt
Investment Earnings Or Losses$6,791InvestmentEarningsOrLossesAmt
End Year Balance$106,791EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Contributions$100,000ContributionsAmt
End Year Balance$100,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.90000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.10000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$26,786OtherCostOrOtherBasisAmt
Depreciation$26,786DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$3,747,590TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$32,883NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$26,517DonatedServicesAndUseFcltsAmt
Other Revenue-$36,700OtherRevenueAmt
Revenue Not Reported-$43,066RevenueNotReportedAmt
Revenue Subtotal$3,790,656RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,790,656TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,274,704TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$26,517DonatedServicesUseFcltsAmt
Expenses Not Reported$26,517ExpensesNotReportedAmt
Expenses Subtotal$2,248,187ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,248,187TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:TO PROVIDE SCHOLARSHIPS FOR STUDENTS AT ASHESI UNIVERSITY COLLEGE.
PART XI, LINE 2D - OTHER ADJUSTMENTS:UNCOLLECTIBLE PLEDGE ALLOWANCE -36,700.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionSUB-SAHARAN AFRICARegionTxt
Offices1OfficesCnt
Employee2EmployeeCnt
Type Of Activities ConductedGRANTS TO RECIPIENTS LOCATED IN REGION/ PROGRAM SERVICESTypeOfActivitiesConductedTxt
Specific Services ProvidedGRANTS TO SUPPORT NEW CAMPUS CONSTRUCTION, PROGRAM SUPPORT AND SCHOLARSHIP MONEY FOR ASHESI UNIVERSITY COLLEGE.SpecificServicesProvidedTxt
Region Total Expenditures$1,898,154RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees2SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office1TotalOfficeCnt
Total Employee2TotalEmployeeCnt
Subtotal Spent$1,898,154SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$1,898,154TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (4 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
SUB-SAHARAN AFRICATO SUPPORT OPERATIONS AND CONSTRUCTION OF ASHESI UNIVERSITY COLLEGE$1,500,000WIRE TRANSFER
SUB-SAHARAN AFRICASCHOLARSHIPS TO ASHESI UNIVERSITY COLLEGE$100,708WIRE TRANSFER
SUB-SAHARAN AFRICAEQUIPMENT$263,800WIRE TRANSFER
SUB-SAHARAN AFRICAPROGRAM SUPPORT$33,646WIRE TRANSFER
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationQUARTERLY THE BOARD OF TRUSTEES REVIEWS FINANCIAL REPORT STATEMENTS FROM ASHESI UNIVERSITY COLLEGE.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution6ContributionCnt
Noncash Contributions Rpt F990$668,580NoncashContributionsRptF990Amt
Method Of Determining RevenuesSTOCK MARKET PRICEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2TODD WARREN, BOARD CHAIRMAN, AND RUTH WARREN, BOARD MEMBER, ARE HUSBAND AND WIFE.
FORM 990, PART VI, SECTION B, LINE 11THE FORM 990 WILL BE REVIEWED BY SENIOR STAFF MEMBERS BEFORE BEING EMAILED TO MEMBERS OF THE FINANCE COMMITTEE FOR REVIEW. ASHESI'S FINANCE COMMITTEE WILL REVIEW THE 990 AND RECOMMEND IT FOR APPROVAL BY THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION B, LINE 12CALL NEW TRUSTEES ARE REQUIRED TO REVIEW AND SIGN THE POLICY. THE GOVERNANCE COMMITTEE REVIEWS ALL POLICIES ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION OF THE PRESIDENT IS REVIEWED ANNUALLY BY THE BOARD OF TRUSTEES. THE PRESIDENT IS NOT PRESENT WHILE COMPENSATION IS BEING DISCUSSED. COMPARABLE DATA WAS GATHERED FROM TRUSTEE RESEARCH OF GHANAIAN AND US SALARIES FOR FOUNDATION HEADS AND CEOS AT UNIVERSITIES AND OTHER NON PROFIT ORGANIZATIONS. THE COMPENSATION PACKAGE IS APPROVED BY A VOTE OF THE BOARD.
FORM 990, PART VI, SECTION C, LINE 19ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. ALL STAFF MEMBERS HAVE ACCESS TO THE POLICY DOCUMENTS. ASHESI UNIVERSITY FOUNDATION PUBLISHES YEARLY ANNUAL REPORTS WHICH INCLUDE AUDITED FINANCIAL REPORTS THAT ARE POSTED ON OUR WEBSITE. ASHESI'S 990'S ARE AVAILABLE ON GUIDESTAR'S WEBSITE.
FORM 990, PART XI, LINE 9:UNCOLLECTIBLE PLEDGES -36,700.
FORM 990, PART XI, LINE 2C:THERE HAS BEEN NO CHANGE IN THE AUDIT COMMITTEE PROCESS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ASHESI UNIVERSITY COLLEGEBusinessNameLine1

Foreign Address ForeignAddress

FieldValueIRS element (for citing)
Address Line11 UNIVERSITY AVENUE BEREKUSO PMBAddressLine1
CityACCRACity
CountryGHCountry
FieldValueIRS element (for citing)
Primary ActivitiesUNIVERSITYPrimaryActivitiesTxt
Legal Domicile Foreign CountryGHLegalDomicileForeignCountryCd
Exempt Code SectionFOREIGN NON PROFITExemptCodeSectionTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1ASHESI UNIVERSITY COLLEGEBusinessNameLine1
FieldValueIRS element (for citing)
Transaction TypeBTransactionTypeTxt
Involved$1,898,154InvolvedAmt
Method Of Amount DeterminationCASHMethodOfAmountDeterminationTxt

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