2014-11-12T17:38:08-07:00 2014-06-30 990 2013-07-01 203287404 UNITED STATES FUND FOR UNICEF IN KIND ASSISTANCE CORPORATION UNIT 2126865522 125 Maiden Lane 10th Floor New York NY 10038 Edward G Lloyd EVP, CFO & Treasurer 2126865522 2014-11-12 2013 2015-11-30 17:44:51Z CARYL M STERN 125 MAIDEN LANE 10th Floor New York NY 10038 155471904 0 X www.unicefusa.org X 2005 NY The organization operates and administers the Gift-In-Kind programs of the Member other than the pre-existing Gift-In-Kind program to combat River Blindness which will continue to be operated and administered by the US Fund for UNICEF (USF), and shall operate and administer on behalf of the USF a Revolving Guarantee Bridge Fund to provide a pool of revolving financial resources to fund various "programmatic gaps" at UNICEF and other charitable or nongovernmental organizations, such as forward commitments, immediate funding in the event of catastrophic emergencies, acquiring essential life-saving priority supplies, vaccines, and medicines, and the ability to lock in discounts and advantageous pricing. 4 3 0 0 0 0 282679501 155262583 0 0 81088 209321 0 0 282760589 155471904 281094501 150582083 0 0 0 0 0 0 264000 665893 802615 281760394 151384698 1000195 4087206 15077176 35507536 10869771 27085230 4207405 8422306 Saving Children's Lives Around the World by operating and administering certain gift-in-kind programs for the US Fund for UNICEF (USF). Additionally, utilizing a Revolving Guarantee Bridge Fund that secures better pricing, faster delivery and a consistent flow of essential goods for children in the developing world by distributing critical, flexible capital to overcome traditional funding obstacles when purchasing urgently needed supplies that save children's lives. 0 0 128870740 128870740 128870740 The organization operates and administers the Gift in Kind Programs for the US Fund for UNICEF (USF) primarily to combat blinding trachoma 22175458 21711343 26153143 The organization operates and administers on behalf of the US Fund for UNICEF a Revolving Guarantee Bridge Fund that provides financial resources to secure better pricing, faster delivery and a consistent flow of essential goods for children in the developing world by distributing critical, flexible capital to overcome traditional funding obstacles when purchasing urgently needed supplies that save children's lives. 0 0 0 N/A 0 0 0 151046198 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 X 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 X 4 3 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X X Richard Esserman 2126865522 125 Maiden Lane 10th Floor New York NY 10038 Peter Lamm Director 1 8 X 0 0 0 Andrew Beer Director/Chairman 3 2 X X 0 0 0 Antony Pantaleoni Director 1 3 X 0 0 0 Caryl Stern President, CEO & Director 5 65 X X 0 521820 77755 Edward G Lloyd Treasurer 5 65 X 0 375640 66412 Nelson Chai Secretary 1 1 X 0 0 0 Richard Esserman Asst. Treasurer 5 50 X 0 202687 45102 Lynn Stratford Assistant Secretary 5 50 X 0 278615 29513 0 1378762 218782 0 0 1 0 0 0 0 0 25391843 0 129870740 128870740 155262583 0 209321 209321 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 155471904 209321 0 0 0 0 0 0 150582083 150582083 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 802615 464115 74500 264000 151384698 151046198 74500 264000 3813 103089 0 0 0 0 261041 20668481 0 0 0 0 0 0 0 0 0 0 14812322 14735966 0 0 0 0 0 0 0 0 15077176 35507536 119771 235230 0 0 0 0 0 0 0 0 0 0 0 0 10750000 26850000 0 0 10869771 27085230 X 4207405 8422306 0 0 0 0 4207405 8422306 15077176 35507536 4087206 127695 0 0 0 0 X 0 1 X 1 0 X X X X 0 0 0 United States Fund for UNICEF 131760110 501 (C)(3) 1 1 1 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X 155599475 127571 0 0 0 127571 155471904 0 0 0 155471904 151384698 0 0 0 0 0 151384698 0 0 0 151384698 Schedule D, Part X, Line 2 The United States Fund for UNICEF In Kind Assistance Corporation (USFIKAC) recognizes the effects of income tax positions only if those positions are more likely than not of being sustained. No provision for income taxes has been made as USFIKAC has not reported any taxable unrelated business income and any unrelated business income is offset by associated expenditures. USFIKAC evaluates, on an annual basis, the effects of any uncertain tax positions on its consolidated financial statements. As of June 30, 2014 and 2013, USFIKAC has not identified or provided for any such positions. 1 Sub-Saharan Africa 0 0 Grantmaking Grant Making Activities to support Child Survival, Child Protection Programs and Polio Eradication programs. 150582083 0 0 150582083 Sub-Saharan Africa Grant Making Activities in support for the treatment of Trachoma and for the eradication of polio 21711343 WIRE TRANSFER 128870740 Zithromax FAIR VALUE 0 3 0 0 0 0 0 0 Schedule F, Part I, Line 2 The US Fund for UNICEF In Kind Assistance Corporation monitors the grants by requiring the grantee to submit reports and milestones as defined in the agreement. Grantees are held to account and are responsible for insuring that programs and projects are executed in accordance with the defined timelines and milestones as set forth in the grant. 0 0 0 0 0 0 0 0 0 Caryl Stern President, CEO & Director 0 457166 0 64654 0 0 0 42838 0 34917 0 599575 0 0 Edward G Lloyd Treasurer 0 350279 0 25361 0 0 0 32655 0 33757 0 442052 0 0 Lynn Stratford Assistant Secretary 0 244615 0 34000 0 0 0 17123 0 12390 0 308128 0 0 Richard Esserman Asst. Treasurer 0 202687 0 0 0 0 0 20292 0 24810 0 247789 0 0 Schedule J, Part I, Line 3 All Compensation are paid by the US Fund for UNICEF (USF). X 2 128870740 FAIR VALUE 2 0 1 0 Schedule M, Part I, Line 20 Zithromax, a pharmaceutical product for the treatment of Trachoma Form 990, Part V, Line 1c The organization did not have any reportable payments to vendors . Form 990, Part V, Line 7g The organization did not receive any contribution of qualified intellectual property. Form 990, Part V, Line 7h The organization did not receive any contribution of cars, boats, airplanes or other vehicles. Form 990, Part VI, Section A, Line 6 The United States Fund for UNICEF (USF) is the sole member of the US Fund for UNICEF in Kind Assistance Corporation Form 990, Part VI, Section A, Line 7a The sole member, US Fund for UNICEF (USF) appoints the Board of Directors of the organization. Form 990, Part VI, Section A, Line 7b The sole member, USF Fund for UNICEF (USF), has certain reserved powers, including the right to approve (1) any amendment to the Organization's Certificate of Incorporation or Bylaws; (2) the operation and capital budgets of the organization (3) the organization's adoption of an investment and spending policy (4) the issuance of any debt by the organization and (5) any fundamental changes tothe organization such as merger and dissolution. Among USF;s reserved powers is a power to set the number of directors and appoint all directors of the organization. Form 990, Part VI, Section B, Line 11b After the return is prepared by staff, it is reviewed by the Controller, the VP of Finance and Budget and the COO/CFO. Additionally, a copy of the return is sent to the organization's legal counsel for review. The COO/CFO reviews the return with the Chair of the USF Audit Committee and copy of the return is given to all board members prior to filing. Afterthe review process, the return is filed electronically with the COO/CFO or Authorized Officer signing the return. Form 990, Part VI, Section B, Line 12c Every staff member of the USF and its Affiliate is required annually to sign a form that ensures everyone is aware of and in compliance with the Conflict of Interest Policy. Human Resources collect this information. In addition, every Board member and principal officer annually completes a Conflict of Interest Disclosure Statement disclosing the facts relating to any actual or potential financial interest and stating that he or she has no reportable financial interest that would constitute a conflict or potential conflict of interest and acknowledging that they reviewed, understand and agree to comply with the Conflict of Interest Policy. The organization has an extensive Conflict of interest Policy that essentially requires any Board member or principal officer with a conflict or potential conflict of interest to disclose the existence and all material facts regarding any interest in a transaction or matter being considered by the Board or a Board Committee and to leave the meeting in which the transaction or matter is discussed and voted upon. Form 990, Part VI, Section B, Line 15 All compensation is paid by the supported organization. the supported organization, The United States Fund for UNICEF (USF) has a policy that every time a new contract with the President and COO/CFO is done, a comparability study is conducted by an independent employee benefits and compensation company. The Compensation Committee, which is comprised of at least 3 independent members of the Executive Committee of the Board of Directors, reviews the comparability study and the performance of the CEO (or in case of a new CEO, the individual qualification and experience) in determining the nature and total compensation to included in the President's written contract. In addition, the Compensation Committee conducts the annual review of the President and the COO/CFO and considers the amount, if any, of the annual bonus to be awarded. The compensation Committee reviews its finding and recommendations with the independent members of the Executive Committee, which votes on the terms of any new contract and the amount, if any, of the annual bonus to be awarded. The deliberations and decisions of the Compensation Committee are contemporaneously documented. Additionally, the salaries of key employees are presented by the President to the Compensation Committee. The independent members of the Compensation Committee review the compensation of the key employees and make recommendation to the Executive Committee fro approval based on the comparability study and the salary survey. Only the independent members of the Executive Committee can vote on the action related to the compensation of the key employees. Form 990, Part VI, Section C, Line 19 The organization generally does not make available to the public its governing documents, conflict of interest policy, however, these documents are made available upon request. The financial statements and the Form 990 are available on USF's website at www.unicefusa.org. United States Fund for UNICEF 125 Maiden Lane 10th Floor New York NY 10038 131760110 Support programs through fundraising, advocacy and education that save children's lives NY 501 (C) (3) 170 (b) (1)(A)(vi) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 United States Fund for UNICEF c 4215000 Fair Value United States Fund for UNICEF p 465500 Reimbursement paid by USF-IKAC for expenses paid by USF. United States Fund for UNICEF s 20711343 Grants received from USF to support the USF-IKAC Bridge Fund transactions.