2014-11-14T17:01:01-06:00 2013-12-31 912011386 JACOBSON JARVIS & CO PLLC 200 FIRST AVE WEST SUITE 200 SEATTLE WA 981194219 990 2013-01-01 911997089 ASHESI UNIVERSITY FOUNDATION ASHE 2065456988 1414 - 31ST AVE S PMB 11 SEATTLE WA 98144 PETER O KOELLE SECRETARY 2065456988 2014-10-24 1 HOWARD DONKIN CPA P00147726 2066288990 2014-10-24 2013 2015-11-30 17:44:51Z PATRICK AWUAH 1414 - 31ST AVE S PMB 11 SEATTLE WA 98144 5007217 0 X WWW.ASHESI.ORG X 1999 WA TO PROVIDE SUPPORT FOR EDUCATIONAL OPPORTUNITIES IN GHANA. 14 13 5 25 0 0 1805025 3604876 0 0 -25106 185780 0 0 1779919 3790656 691292 1898154 0 0 239308 242265 0 0 170622 112131 107768 1042731 2248187 737188 1542469 3105311 4765842 4904 192549 3100407 4573293 TO PROVIDE SUPPORT FOR EDUCATIONAL OPPORTUNITIES IN GHANA. 0 0 1880059 1797300 ASHESI 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. 100854 100854 UNIVERSITY 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. 1980913 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 2 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 14 13 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X JOANNA BARGERON 2065456988 1414 - 31ST S PMB 11 SEATTLE WA 98144 TODD WARREN CHAIRMAN 2.00 X X 0 0 0 PATRICK AWUAH FOUNDATION PRESIDENT 20.00 20.00 X X 40000 35800 15380 NINA MARINI SECRETARY 2.00 X X 0 0 0 NEIL COLLINS TREASURER 2.00 X X 0 0 0 YAW ASARE-ABOAGYE TRUSTEE 1.00 X 0 0 0 APRILE AGE TRUSTEE 1.00 X 0 0 0 KRISTI HELGESON TRUSTEE 1.00 X 0 0 0 PETER KOELLE TRUSTEE 2.00 X 0 0 0 SCOTT KUCIREK TRUSTEE 2.00 X 0 0 0 PATICK NUTOR TRUSTEE 1.00 X 0 0 0 GURDEEP PALL TRUSTEE 2.00 X 0 0 0 RUTH WARREN TRUSTEE 4.00 X 0 0 0 PETER WOICKE TRUSTEE 2.00 X 0 0 0 SYLVIE GOMIS-TANOH TRUSTEE 1.00 X 0 0 0 40000 35800 15380 0 0 0 0 0 156320 3448556 668580 3604876 7107 7107 1395234 1216561 178673 178673 178673 3790656 0 0 185780 1898154 1898154 55380 11076 11076 33228 148383 29098 41332 77953 22443 4023 5857 12563 16059 3167 4208 8684 22933 22933 2345 2016 329 13391 2130 6753 4508 54734 30576 178 23980 1752 1752 EQUIPMENT EXPENSES 7624 907 6717 4989 673 1656 2660 2248187 1980913 96652 170622 X 717942 295441 535219 3304469 1144410 1013129 11924 5895 26786 26786 0 0 695816 146908 3105311 4765842 4904 33950 158599 4904 192549 X 932160 2628374 2043247 1819919 125000 125000 3100407 4573293 3105311 4765842 X 1542469 -32883 -36700 X X 0 1 X 1 0 X 1378533 950459 2461926 1805025 3604876 10200819 1378533 950459 2461926 1805025 3604876 10200819 3827154 6373665 2555 4995 3778 5331 7107 23766 110858 7190 118048 10342633 0.61630 0.59680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 138672 6724 6468 138928 109869 25000 9963 6160 138672 106791 3078 109869 100000 6791 106791 100000 100000 0.90000 0.10000 0 0 26786 26786 0 0 3747590 -32883 26517 -36700 -43066 3790656 0 3790656 2274704 26517 26517 2248187 0 2248187 PART V, LINE 4: TO PROVIDE SCHOLARSHIPS FOR STUDENTS AT ASHESI UNIVERSITY COLLEGE. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE PLEDGE ALLOWANCE -36,700. 1 SUB-SAHARAN AFRICA 1 2 GRANTS TO RECIPIENTS LOCATED IN REGION/ PROGRAM SERVICES GRANTS TO SUPPORT NEW CAMPUS CONSTRUCTION, PROGRAM SUPPORT AND SCHOLARSHIP MONEY FOR ASHESI UNIVERSITY COLLEGE. 1898154 1 2 0 0 1 2 1898154 0 1898154 SUB-SAHARAN AFRICA TO SUPPORT OPERATIONS AND CONSTRUCTION OF ASHESI UNIVERSITY COLLEGE 1500000 WIRE TRANSFER SUB-SAHARAN AFRICA SCHOLARSHIPS TO ASHESI UNIVERSITY COLLEGE 100708 WIRE TRANSFER SUB-SAHARAN AFRICA EQUIPMENT 263800 WIRE TRANSFER SUB-SAHARAN AFRICA PROGRAM SUPPORT 33646 WIRE TRANSFER 1 0 0 0 0 0 0 PART I, LINE 2: QUARTERLY THE BOARD OF TRUSTEES REVIEWS FINANCIAL REPORT STATEMENTS FROM ASHESI UNIVERSITY COLLEGE. X 6 668580 STOCK MARKET PRICE 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 TODD WARREN, BOARD CHAIRMAN, AND RUTH WARREN, BOARD MEMBER, ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11 THE 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 12C ALL NEW TRUSTEES ARE REQUIRED TO REVIEW AND SIGN THE POLICY. THE GOVERNANCE COMMITTEE REVIEWS ALL POLICIES ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE 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 19 ALL 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. ASHESI UNIVERSITY COLLEGE 1 UNIVERSITY AVENUE BEREKUSO PMB ACCRA GH UNIVERSITY GH FOREIGN NON PROFIT 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 ASHESI UNIVERSITY COLLEGE B 1898154 CASH