2014-08-01T10:40:31-05:00 2013-12-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 650N BETHESDA MD 208142930 990 2013-01-01 521783323 SAVE A CHILD'S HEART FOUNDATION - US INC SAVE 2402233940 10050 CHAPEL ROAD NO 18 POTOMAC MD 20854 BARRY PERLIS PRESIDENT 2402233940 2014-08-01 1 3019519090 2013 2015-11-30 17:44:51Z BARRY PERLIS 10050 CHAPEL ROAD NO 18 POTOMAC MD 20854 1495229 0 X WWW.SAVEACHILDSHEARTUS.ORG X 1992 MD SEE PART III, LINE 1. 21 21 1 150 0 0 906000 1448133 0 0 8112 637 0 -25818 914112 1422952 728850 1015836 0 0 77180 212593 0 0 162787 159011 197426 965041 1425855 -50929 -2903 570192 596347 0 8966 570192 587381 X TO PROVIDE FUNDING FOR UNDERPRIVILEGED CHILDREN FROM DEVELOPING COUNTRIES WHO ARE IN NEED OF CARDIAC SURGERY. 0 0 235000 235000 SACH U.S. FUNDED THE BUILDING OF A NEW CHILDREN'S HOSPITAL THAT WILL ENABLE MORE CHILDREN TO RECEIVE SURGERY AND MORE DOCTORS TO BE TRAINED. 717336 717336 SACH U.S. FUNDED SURGERY FOR MORE THAN 70 CHILDREN. 63500 63500 SACH U.S. FUNDED TRAINING FOR ETHIOPIA'S FIRST PEDIATRIC CARDIAC SURGEON AND TRAINING FOR A PEDIATRIC CARDIOLOGIST. 151224 OTHER PROGRAMS 151224 1167060 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2 0 1 1 1 0 0 0 0 0 1 1 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AZ CA CO CT FL IL MD MA MI NJ NY OH UT X X BARRY PERLIS 3012996181 10050 CHAPEL ROAD NO 18 POTOMAC MD 20854 BARRY PERLIS PRESIDENT 5.00 X X 0 0 0 MARCY COHEN VICE PRESIDENT 0.50 X X 0 0 0 PHIL GOLDBERG TREASURER 2.50 X X 0 0 0 MARC FEINBERG SECRETARY 0.50 X X 0 0 0 PENNIE ABRAMSON DIRECTOR 0.50 X 0 0 0 DAVID AVITAL DIRECTOR 0.50 X 0 0 0 MARGIE BLUMBERG DIRECTOR 0.50 X 0 0 0 FRANCES COOK DIRECTOR 0.50 X 0 0 0 THERESA DUPUIS DIRECTOR 0.50 X 0 0 0 BEN FEDER DIRECTOR 0.50 X 0 0 0 BARBARA GOLDBERG GOLDMAN DIRECTOR 0.50 X 0 0 0 ARCHIE GOTTESMAN DIRECTOR 0.50 X 0 0 0 SHELDON GROSBERG DIRECTOR 0.50 X 0 0 0 JEFF HOFFMAN DIRECTOR 0.50 X 0 0 0 LESLEY ISRAEL DIRECTOR 0.50 X 0 0 0 ERICA KANE DIRECTOR 0.50 X 0 0 0 CONNIE KRUPIN DIRECTOR 0.50 X 0 0 0 JUDY LERNER DIRECTOR 0.50 X 0 0 0 ORI REISS DIRECTOR 0.50 X 0 0 0 JUDY SHORE DIRECTOR 0.50 X 0 0 0 PETER WELLS DIRECTOR 0.50 X 0 0 0 DAVID LITWACK EXECUTIVE DIRECTOR 40.00 X 104750 0 23350 104750 0 23350 1 0 0 0 0 215500 1232633 1448133 69 69 34527 33959 568 568 568 12500 215500 38318 -25818 -25818 1422952 0 0 -25181 1015836 1015836 128100 51240 25620 51240 76395 30558 15279 30558 8098 3239 1620 3239 12258 12258 9262 2316 6946 33428 9438 13845 10145 9966 4983 4983 7729 7729 43006 34405 8601 9087 2272 6815 5132 5132 EVENT EXPENSES 32785 12773 20012 DIRECT MAIL 19583 19583 DUES AND MEMBERSHIPS 5924 5924 CHARITABLE DONATION 5000 5000 4266 4266 1425855 1167060 96008 162787 279641 71899 311456 150048 290551 62944 570192 596347 8966 0 8966 X 259886 277075 310306 310306 570192 587381 570192 596347 -2903 20092 0 X 0 1 X 1 0 X 1330045 931741 967900 906000 1448133 5583819 1330045 931741 967900 906000 1448133 5583819 1314116 4269703 24377 21103 17727 8112 69 71388 5655207 0.75500 0.97910 X SCHEDULE A, PART II: 2012 REPRESENTS A SHORT PERIOD FROM 06/01/2012 - 12/31/2012. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 310306 310306 293753 24851 21702 30000 310306 429744 77121 -13142 200000 293753 752874 96933 -99967 520000 429744 603037 52736 127101 30000 752874 1.00000 0 0 0 X 1504832 20092 23470 38318 81880 1422952 0 1422952 1487643 23470 38318 61788 1425855 0 1425855 PART V, LINE 4: TO SUPPORT THE WOLFSON MEDICAL CENTER PEDIATRIC INDIGENT CARE PROGRAM. PART X, LINE 2: FOR THE YEAR ENDED DECEMBER 31, 2013, THE FOUNDATION HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FEDERAL FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER IT IS FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED AS EXPENSE ON THE 38,318. FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII, LINE 8C. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED AS EXPENSE ON THE 38,318. FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990, PART VIII, LINE 8C. 1 MIDDLE EAST AND NORTH AFRICA 1 0 GRANTS TO RECIPIENTS LOCATED IN REGION 952336 EUROPE 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 38500 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 25000 1 0 0 0 1 0 1015836 0 1015836 MIDDLE EAST AND NORTH AFRICA HEART SURGERY 717336 WIRE TRANSFER MIDDLE EAST AND NORTH AFRICA CHILDREN'S HOSPITAL BUILDING 235000 WIRE TRANSFER 1 0 PHYSICIAN TRAINING EUROPE 1 25000 WIRE TRANSFER PHYSICIAN TRAINING SUB-SAHARAN AFRICA 1 38500 WIRE TRANSFER 1 0 0 0 0 0 PART I, LINE 2: THE ACTIVITIES OUTSIDE THE UNITED STATES ARE MONITORED BY SAVE A CHILD'S HEART ISRAEL OFFICE. THEY PAY A FLAT RATE PER CHILD TO COVER HOSPITAL COSTS. CONCERT 228000 215500 12500 38318 228000 215500 12500 38318 38318 -25818 X 1 25554 FMV 0 0 0 0 PART I, COLUMN (B): THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY THE EXECUTIVE DIRECTOR. A COPY OF THE FINAL RETURN WAS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR AND OFFICER MUST ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON DISCLOSES THE EXISTENCE OF THE FINANCIAL INTEREST AND IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD OR EXECUTIVE COMMITTEE. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE LEAVES THE BOARD OR EXECUTIVE COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR EXECUTIVE COMMITTEE MEMBERS DECIDE IF A CONFLICT OF INTEREST EXISTS. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR EXECUTIVE COMMITTEE DETERMINES WHETHER SACH U.S. CAN OBTAIN, WITH REASONABLE EFFORTS, A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR EXECUTIVE COMMITTEE DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN SACH U.S.' BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT MAKES ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE SACH U.S. FINANCIAL COMMITTEE REVIEWED COMPARABILITY DATA WHEN DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.