2013-11-13T15:51:38-06:00 2012-12-31 912011386 JACOBSON JARVIS & CO PLLC 600 STEWART STREET SUITE 1900 SEATTLE WA 981011219 990 2012-01-01 911997089 ASHESI UNIVERSITY FOUNDATION ASHE 2065456988 1414 - 31ST AVE S PMB 11 SEATTLE WA 98144 NINA MARINI 2065456988 2013-10-22 1 HOWARD DONKIN CPA P00147726 2066288990 2013-10-22 2012 2016-02-24 21:20:13Z PATRICK AWUAH 1414 - 31ST AVE S PMB 11 SEATTLE WA 98144 2242828 0 X WWW.ASHESI.ORG X 1999 WA TO PROVIDE SUPPORT FOR EDUCATIONAL OPPORTUNITIES IN GHANA. 13 12 5 25 0 0 2461926 1805025 0 0 4427 -25106 0 0 2466353 1779919 1501558 691292 0 0 199310 239308 0 0 185822 103173 112131 1804041 1042731 662312 737188 2330692 3105311 5210 4904 2325482 3100407 TO PROVIDE SUPPORT FOR EDUCATIONAL OPPORTUNITIES IN GHANA. 0 0 273688 240000 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. 484981 451292 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. 758669 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 13 12 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 2.00 X X 0 0 0 PATRICK AWUAH 20.00 X X 40000 41600 14658 NINA MARINI 2.00 X X 0 0 0 NEIL COLLINS 2.00 X X 0 0 0 YAW ASARE-ABOAGYE 1.00 X 0 0 0 APRILE AGE 1.00 X 0 0 0 KRISTI HELGESON 2.00 X 0 0 0 PETER KOELLE 2.00 X 0 0 0 SCOTT KUCIREK 2.00 X 0 0 0 PATICK NUTOR 1.00 X 0 0 0 GURDEEP PALL 2.00 X 0 0 0 RUTH WARREN 4.00 X 0 0 0 PETER WOICKE 2.00 X 0 0 0 40000 41600 14658 0 0 0 0 0 1805025 37424 1805025 5331 5331 432472 462909 -30437 -30437 -30437 1779919 0 0 -25106 691292 691292 54659 10932 10932 32795 146648 37090 37795 71763 22359 7431 5504 9424 15642 3753 3856 8033 21318 21318 1500 1500 16726 2327 2960 11439 6616 5762 854 37981 5735 5097 27149 760 760 969 969 1804 1804 UNCOLLECTIBLE PLEDGES 18035 18035 EQUIPMENT EXPENSES 6422 109 2243 4070 1042731 758669 98240 185822 X 305934 717942 551747 535219 882960 1144410 15893 11924 26786 26786 969 0 573189 695816 2330692 3105311 5210 4904 5210 4904 X 879185 932160 1346297 2043247 100000 125000 2325482 3100407 2330692 3105311 737188 37737 0 X X 0 1 X 1 0 X 554429 1378533 950459 2461926 1805025 7150372 554429 1378533 950459 2461926 1805025 7150372 2784930 4365442 29704 2555 4995 3778 5331 46363 110858 7190 118048 7314783 0.59680 0.54330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 109869 25000 9963 6160 138672 106791 3078 109869 100000 6791 106791 100000 100000 0.90000 0.10000 0 0 26786 26786 0 0 1819708 37737 20087 -18035 39789 1779919 0 1779919 1044783 20087 20087 1024696 18035 18035 1042731 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: TO PROVIDE SCHOLARSHIPS FOR STUDENTS AT ASHESI UNIVERSITY COLLEGE. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE PLEDGES -18,035. PART XII, LINE 4B - OTHER ADJUSTMENTS: UNCOLLECTIBLE PLEDGES 18,035. 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. 691292 1 2 0 0 1 2 691292 0 691292 SUB-SAHARAN AFRICA TO SUPPORT OPERATIONS AND CONSTRUCTION OF ASHESI UNIVERSITY COLLEGE 592000 WIRE TRANSFER SUB-SAHARAN AFRICA SCHOLARSHIPS TO ASHESI UNIVERSITY COLLEGE 42587 WIRE TRANSFER SUB-SAHARAN AFRICA PROGRAM SUPPORT 56705 WIRE TRANSFER 1 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: QUARTERLY THE BOARD OF TRUSTEES REVIEWS FINANCIAL REPORT STATEMENTS FROM ASHESI UNIVERSITY COLLEGE. X 2 27919 STOCK MARKET PRICE X ELECTRONIC EQUIPMENT 1 9505 RETAIL VALUE 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 ASKED TO LEAVE THE MEETING WHILE COMPENSATION IS BEING DISCUSSED. 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 2C: THERE HAS BEEN NO CHANGE IN THE AUDIT COMMITTEE PROCESS. ASHESI UNIVERSITY COLLEGE NO 87 3RD NORLA EXTENSION NORTH L 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 691292 CASH