2012-11-14T16:44:27-07:00 2012-06-30 990 2011-07-01 203287404 UNITED STATES FUND FOR UNICEF IN KIND ASSISTANCE CORPORATION UNIT 2126865522 125 Maiden Lane 10th Floor New York NY 10038 Richard Esserman 2126865522 2012-11-14 2011 2016-02-24 21:20:13Z Caryl Stern 125 Maiden Lane New York NY 10038 294772138 0 X www.unicefusa.org X 2005 NY The Corporation shall operate and administer the Gift-In-Kind programs of the Member other than the existing Gift-In-Kind program to combat River Blindness which will continue to be operated and administered by the Member, and shall operate and administer on behalf of the Member 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 202547353 294715904 0 0 0 56234 0 0 202547353 294772138 202377253 291198904 0 0 0 0 0 0 203770 170100 472065 202547353 291670969 0 3101169 106041 8870776 0 5663566 106041 3207210 X Saving Childrens Lives Around the World by operating and administering certain gift-in-kind programs for the US Fund for UNICEF. Additionally, utilizing a Revolving Guarantee Bridge Fund ("RGBF") funding tool 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. 1 0 291408341 291198904 294772138 The Corporation operate and administer the Gift-In-Kind programs of the Member other than the existing Gift-In-Kind program to combat River Blindness which will continue to be operated and administered by the Member, and shall operate and administer on behalf of the Member 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. 0 0 0 N/A 0 0 0 N/A 0 0 0 291408341 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 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 1 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X Richard Esserman 2126865522 125 Maiden Lane 10th Floor New York NY 10038 Antony Pantaleoni 2 X 0 0 0 Andrew Beer 2 X X 0 0 0 Peter Lamm 0.5 X 0 0 0 Caryl Stern 35 X X X X 0 467463 64828 Edward G Lloyd 35 X X X 0 368127 59745 Richard Esserman 35 X X 0 242911 46898 Lynn Stratford 35 X X 0 216891 30544 0 1295392 202015 4 0 1 0 0 0 0 0 4479168 0 290236736 290236736 294715904 0 56234 56234 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 294772138 56234 0 0 291198904 291198904 472065 209437 58858 203770 291670969 291408341 58858 203770 46213 0 562168 106041 106041 0 0 0 0 0 8156354 0 0 0 0 0 0 106041 8870776 0 38566 0 0 0 5625000 0 0 0 5663566 X 106041 3207210 0 0 0 0 106041 3207210 106041 8870776 3101169 0 X 0 1 1 X 0 X X X 0 0 0 United States Fund for UNICEF 131760110 Line 7 1 1 0 1 0 The US Fund for UNICEF In Kind Assistance Corporation (USF-IKAC) performs certain functions of the US Fund for UNICEF by receiving certain gift-in-kind contributions and making grants of such gift-in-kind to UNICEF and other NGOs. In addition USF-IKAC has a Revolving Guarantee Bridge Fund, the purpose being to provide a pool of revolving financial resources to fund the various "programmatic gaps" at UNICEF and other charitable or nongovernmental organization. A non-exhaustive list of these "programmatic gaps" include functions 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 discount and advantageous pricing. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 294772138 291670969 3101169 0 0 0 0 0 0 3101169 294772138 0 0 0 0 0 294772138 0 0 0 294772138 291670969 0 0 0 0 0 291670969 0 0 0 291670969 SchD_P10_S00_L02 Schedule D, Part X, Line 2 USF 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 USF has not reported any taxable unrelated business income and any unrelated business income is offset by associated expenditures. USF evaluates, on an annual basis, the effects of any uncertain tax positions on its consolidated financial statements. As of June 30, 2012 and 2011, USF has not identified or provided for any such positions. 1 Sub-Saharan Africa 0 0 Grantmaking Grant making for the treatment of Trachoma 290236736 Sub-Saharan Africa 0 0 Grantmaking Grant making to support educational programs 462168 Sub-Saharan Africa 0 0 Grantmaking Grant making to support emergencies 500000 0 0 291198904 Sub-Saharan Africa Grant making for the treatment of trachoma 0 N/A 290236736 Pharmaceutical Fair Value 1 0 0 0 0 0 0 0 SchF_P01_S00_L02 Schedule F, Part I, Line 2 The United States Fund Gift-in-Kind Assistance Corporation has a grant administration process wherein the Board of Directors authorizes grants to be made to UNICEF and other NGOs to further its mission. All grantees report back the progress and status of the programs. X X X X X X 0 0 0 0 0 0 0 0 0 Caryl Stern 0 407463 0 60000 0 0 0 30894 0 33934 0 532291 0 Edward G Lloyd 0 320877 0 47250 0 0 0 31388 0 28357 0 427872 0 0 Richard Esserman 0 189470 0 6543 0 0 0 20396 0 26502 0 242911 0 0 Lynn Stratford 0 189329 0 27562 0 0 0 18933 0 11611 0 247435 0 SchJ_P01_S00_L03 Schedule J, Part I, Line 3 Every time a new contract with the President and CEO 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 the case of a new CEO, the individuals qualifications and experience) in determining the nature and total compensation to be included in the President's written contract. In addition, the Compensation committee conducts the annual review of the President and CEO and considers the amount, if any, of the annual bonus to be awarded. The Compensation Committee reviews its findings 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. The deliberations and decisions of the Compensation Committee are contemporaneously documented. 15 (B) Additionally, the salary of the 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 recomendation to the Executive committee for approval based on 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 the key employees. USF-IKAC does not pay compensation, USF does and USF follows the above methods in determining compensation. X 2 290236736 Fair Value 0 1 0 F990_P03_S00_L02 Form 990, Part III, Line 2 The addition of the Revolving Guarantee Bridge Fund operations F990_P06_S0A_L02 Form 990, Part VI, Section A, Line 2 Nelson Chai, chariman of the Finance Committee and Andrew Beer, Director - Family relationship. F990_P06_S0A_L04 Form 990, Part VI, Section A, Line 4 By unanimous written consent of the board of directors of the United States Fund for UNICEF (USF) the sole member of the United States Fund for UNICEF In Kind Assistance Corporation (In Kind Assistance Corp) by Resolution of the Board of USF on July 28, 2011 authorized the In Kind Assistance Corp to establish a Revolving Guarantee Bridge Fund, the purpose of which is to provide a pool of revolving financial resources to fund various "programmatic gaps" at UNICEF and other charitable non-governmental organization. A non-exhaustive list of these "programmatic gaps" includes functions 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 discount and advantageous pricing. F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 The United States Fund for UNICEF is the sole member of the US Fund for UNICEF Gift-in-Kind Assistance Corporation. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a The members of the finance committee of the US Fund for UNICEF constitute the board of directors of this organization. In the event no finance committee of the USF is constituted, the sole member appoints the board of directors of this organization F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b The sole member (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 to the 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 USF-IKAC. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b After the return is prepared by the staff, it is reviewed by the Controller, The VP of Finance and Budget and the CFO. Additionally, a copy of the return is sent to the organization's legal counsel for review. The CFO reviews the return with the Chair of the audit committee and copy of the return is given to all board members prior to filing. After the review process, the return is filed electronically with the CFO signing the return. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Every staff member of 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. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 All compensation is paid by the supported organization. The supported organization (United States Fund for UNICEF) has a policy that every time a new contract with the President and CFO is done a comparability study is conducted by and 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 the case of a new CEO, the individuals qualifications and experience) in determining the nature and total compensation to be included in the President's written contract. In addition, the Compensation Committee conducts the annual review of the President and 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. 15(B) 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 to the key employees and make recommendation the Executive Committee for approval based on 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. F990_P06_S0C_L19 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 or its financial statements, however, these documents are made available upon request. United States Fund for UNICEF 125 Maiden Lane 10th Floor New York NY 10038 131760110 Saving Childrens Lives Around the World by operating and administering certain gift-in-kind program 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 1 0 0 1 United States Fund for UNICEF c 4479168 Cash United States Fund for UNICEF o 417000 Cash United States Fund for UNICEF r 4062168 Cash