2012-11-27T10:16:14-06:00 2012-04-30 133385019 O'CONNOR DAVIES MUNNS & DOBBINS LLP 60 EAST 42ND STREET 36TH FLOOR NEW YORK NY 10165 990 2011-05-01 200366717 THE INTREPID FALLEN HEROES FUND ONE INTREPID SQUARE INTR 6463815130 WEST 46TH STREET 12TH AVENUE NEW YORK NY 10036 DAVID A WINTERS 6463815130 2012-11-27 1 GARRETT M HIGGINS CPA P00543209 2122862600 2011 2016-02-24 21:20:13Z DAVID A WINTERS WEST 46TH STREET 12TH AVENUE NEW YORK NY 10036 4434908 0 X WWW.FALLENHEROESFUND.ORG X 2003 NY THE INTREPID FALLEN HEROES FUND SUPPORTS THE MEN AND WOMEN OF THE ARMED FORCES AND THEIR FAMILIES. 18 18 6 18 0 0 10428419 4178121 0 0 166195 189295 26787 0 10621401 4367416 56445330 226250 0 0 353045 367776 0 30000 182812 631840 216739 57430215 840765 -46808814 3526651 20974353 24659594 81314 239904 20893039 24419690 X THE INTREPID FALLEN HEROES FUND PROVIDES SERVICES IN SUPPORT OF MILITARY PERSONNEL SEVERELY INJURED IN SUPPORT OF OUR NATION. THESE SERVICES ARE DESIGNED TO IMPROVE THE MEDICAL CARE PROVIDED TO THEM AND ENHANCE THEIR ABILITY TO RETURN TO MILITARY SERVICES OR A PRODUCTIVE AND INDEPENDENT CIVILIAN LIFE. THESE SERVICES ALSO DEMONSTRATE TO THE ENTIRE MILITARY COMMUNITY THE CONCERN FOR THEM OF THEIR FELLOW CITIZENS. 0 0 129151 INITIATING CONSTRUCTION OF NATIONAL INTREPID CENTER OF EXCELLENCE (NICOE) SATELLITE CENTERS. ON JUNE 24, 2010, THE INTREPID FALLEN HEROES FUND COMPLETED CONSTRUCTION OF THE NATIONAL INTREPID CENTER OF EXCELLENCE, A 72,000 SQUARE FOOT FACILITY, LOCATED AT THE NATIONAL NAVAL MEDICAL CENTER IN BETHESDA, MD. UPON COMPLETION OF THE NICOE, THE FACILITY WAS TURNED OVER TO THE UNITED STATES DEPARTMENT OF THE NAVY FOR STAFFING AND OPERATION. THE NICOE IS THE DEPARTMENT OF DEFENSES' PREMIERE FACILITY DEDICATED TO RESEARCH, DIAGNOSIS AND TREATMENT OF TRAUMATIC BRAIN INJURY. (CONTIUNED ON SCHEDULE O). THE INTREPID FALLEN HEROES FUND HAS EXPANDED THE CAPABILITIES OF NICOE BY IMPLEMENTING A PLAN TO CONSTRUCT NINE NICOE SATELLITE CENTERS AT MAJOR MILITARY DEPLOYMENT BASES AROUND THE COUNTRY, ALLOWING CARE TO BE PROVIDED CLOSE TO HOME FOR TROOPS RETURNING FROM DEPLOYMENT. EACH SATELLITE CENTER WILL BE DIGITALLY TETHERED TO NICOE TO ENABLE SHARING OF ADVANCES IN THE DEVELOPMENT AND TREATMENT OF MILITARY PERSONNEL WITH TRAMATIC BRAIN INJURIES.THE FUND LAUNCHED A $100 MILLION CAMPAIGN TO RAISE FUNDS FOR THE CONSTRUCTION OF THE SATELLITE CENTERS. CONSTRUCTION OF THE FIRST TWO CENTERS AT FORT BELVOIR, VIRGINIA AND CAMP LEJEUNE, NORTH CAROLINA, ARE EXPECTED TO BEGIN IN JUNE 2012. EACH SATELLITE CENTER WILL COST APPROXIMATELY $10 - $12 MILLION TO BUILD. 226250 226250 PROVIDING SUPPORT MILITARY PERSONNEL OR THEIR FAMILY MEMBERS.BEGINNING IN 2000, THE INTREPID FALLEN HEROES FUND PROVIDED FINANCIAL AND SCHOLARSHIP SUPPORT FOR DEPENDENT FAMILY MEMBERS OF MILITARY PERSONNEL WHO HAVE GIVEN THEIR LIVES IN SERVICE TO THEIR COUNTRY. THE FUND CONTINUED TO PROVIDED GRANTS IN AID AND SCHOLARSHIP FUNDS 2011. ONE (1) STUDENT WAS AWARDED A COLLEGE SCHOLARSHIP IN THE AMOUNT OF $1,250. IN ADDITION, THE FUND AWARDED A $100,000 GRANT TO THE UCLA FOUNDATION FOR THEIR WORK WITH OPERATION MEND FACIAL RECONSTRUCTION, AND A $100,000 GRANT TO THE VIETNAM VETERANS HEALTH COUNCIL. ADDITIONALLY, A $25,000 GRANT WAS AWARDED TO THE GREAT BRITIAN CHAPTER OF WALKING WITH THE WOUNDED. 355401 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 3 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND OK OH OR PA RI SC TN UT VA WI WA WV X X THOMAS J ALLETTO TREASURERCHIEF FINANCIAL OFFICER 6463815130 ONE INTREPID SQUARE W 46TH ST 12TH NEW YORK NY 10036 RICHARD T SANTULLI 1.00 X X 0 0 0 ARNOLD FISHER 1.00 X 0 0 0 DAVID A WINTERS 20.00 X X 1500 0 109 DENIS A BOVIN 1.00 X 0 0 0 JAMES CARRIER 1.00 X 0 0 0 GEN'L RICHARD A CODY 1.00 X 0 0 0 CHARLES DE GUNZBURG 1.00 X 0 0 0 MARTIN L EDELMAN 1.00 X 0 0 0 FRANK FERTITTA 1.00 X 0 0 0 LORENZO FERTITTA 1.00 X 0 0 0 BRIAN D FINN 1.00 X 0 0 0 HONORABLE RAYMOND KELLY 1.00 X 0 0 0 THOMAS MARANO 1.00 X 0 0 0 JOSEPH PERELLA 1.00 X 0 0 0 STEVEN ROTH 1.00 X 0 0 0 ANTHONY SICHENZIO 1.00 X 0 0 0 E ROE STAMPS IV 1.00 X 0 0 0 GEORGETTE MOSBACHER 1.00 X 0 0 0 NELSON PELTZ 1.00 X 0 0 0 WILLIAM B WHITE 1.00 X 0 0 0 THOMAS J ALLETTO 40.00 X 93380 0 19003 LISA YACONIELLO 40.00 X 103240 0 14897 198120 0 34009 1 0 0 0 TURNER CONSTRUCTION COMPANY 3865 WILSON BLVD SUITE 300 ARLINGTON VA 22203 CONSTRUCTION 356310 1 20212 4157909 74418 4178121 188606 188606 68181 67492 689 689 689 4367416 0 0 189295 226250 226250 113992 21845 76585 15562 213473 94333 51939 67201 15165 2906 10189 2070 25146 4819 16894 3433 47460 47460 37500 37500 30000 30000 7915 7915 36000 8640 27360 49297 5248 14988 29061 3350 689 2661 370 370 20144 20144 BAD DEBT 7780 7780 AUDIO & VISUAL EXPENSES 5464 5464 OTHER EXPENSES 778 778 DUES & SUBSCRIPTIONS 681 681 840765 355401 302552 182812 7662 7662 19338995 23884724 1609256 534836 7991 21192 7073 7073 370 0 10079 211180 20974353 24659594 70176 56799 11138 183105 81314 239904 X 20793039 24419690 100000 0 20893039 24419690 20974353 24659594 3526651 0 X X 0 1 1 X 0 X 7067205 31800873 19531299 10583821 4178121 73161319 7067205 31800873 19531299 10583821 4178121 73161319 2002164 71159155 480369 597727 351698 166195 188606 1784595 74945914 40895 0.94950 0.94890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7073 7073 0 0 CONSTRUCTION COSTS PAYABLE 183105 183105 4367416 840765 3526651 3526651 4749279 381863 381863 4367416 0 4367416 1222628 381863 381863 840765 0 840765 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FUND RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FUND HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. THE FUND IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR FISCAL YEARS PRIOR TO 2010. 1 EUROPE 0 0 GRANT MAKING GRANT TO WALKING WITH THE WOUNDED - GREAT BRITIAN 25000 0 0 0 0 0 0 25000 0 25000 EUROPE GENERAL SUPPORT FOR PROGRAM SERVICE ACTIVITIES 25000 WIRE TRANSFER 1 0 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: THE STAFF RESEARCHES ORGANIZATIONS FOR FUNDING AND DETERMINES WHICH MERIT SUPPORT BASED ON THEIR MISSION, RECORD OF ACTIIVITES, FINANCIALS AND OTHER INFORMATION. GRANT REQUESTS ARE SUBMITTED TO THE BOARD OF TRUSTEES FOR APPROVAL. BENEFICIARY ORGANIZATIONS ARE ASKED TO PROVIDE A REPORT ON USE OF GRANT FUNDS. X X X 1 CONSTELLATIONS ONE PENN PLAZA STE 3600 NEW YORK NY 10119 DONOR & MAJOR GIFT DEVELOPMENT SERVICES 0 0 30000 0 30000 AL AK AZ AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN NH NJ NM NY NC ND OK OH OR PA RI SC TN UT VA WI WA WV EXPLANATION OF FUNDRAISING PAYMENTS SCHEDULE G, PART I, LINE 2B, COLUMN (V) THE FUND PAYS AN ANNUAL FEE TO THE PROFESSIONAL FUND RAISER, PAYABLE IN EQUAL MONTHLY INSTALLMENTS, AS OUTLINED IN THE AGREEMENT BETWEEN THE FUND AND THE PROFESSIONAL FUND RAISER. OTHER FEES MAY BE PAID AS MUTUALLY AGREED. THE PROFESSIONAL FUND RAISER IS ALSO REIMBURSED FOR ALL PREAPPROVED EXPENSES FOR TRAVEL, LODGING,AND MEALS AS WELL AS OTHER CUSTOMARY BUSINESS EXPENSES. THE CONTRACTUAL AGREEMENT BETWEEN THE ORGANIZATION AND CONSTELLATIONS DID NOT BEGIN UNTIL MARCH 1, 2012, OR ONLY 8 WEEKS PRIOR TO THE END OF THE 2011 TAX REPORTING PERIOD. THE FUND RAISING CAMPAIGN WAS IN THE BEGINNING STAGES OF PLANNING AND STRATEGY SESSIONS AS OF 4/30/2012. REALIZATION OF GROSS RECEIPTS DID NOT OCCUR UNTIL THE 2012 REPORTING PERIOD. 1 UCLA FOUNDATION 10920 WILSHIRE BLVD STE 1400 LOS ANGELES CA 90024 952250801 501(C)(3) 100000 OPERATION MEND FACIAL RECONSTRUCTION VIETNAM VETERANS OF AMERICA 8719 COLESVILLE RD STE 100 SILVER SPRING MD 20910 132929110 501(C)(4) 100000 VIETNAM VETERANS OF AMERICA HEALTH COUNCIL SUPPORT 1 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANT FUNDS DISTRIBUTED ARE NOT MONITORED AS THE RECIPIENTS HAVE MET THE ELIGIBILITY REQUIREMENTS TO RECEIVE THE GRANT AND ACCORDINGLY ALL FUNDS PAID TO AND RECEIVED BY THEM ARE UNRESTRICTED IN NATURE. GRANTS TO THE VIETNAM VETERANS OF AMERICA ARE PROVIDED TO SUPPORT THE VETERANS AND ARE NOT TO BE USED FOR LOBBYING OR POLITICAL PURPOSES. X 267 FMV X 8 67492 FMV X OFFICE SUPPLIES/EXP 1 6659 FMV 0 0 0 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I OF SCHEDULE M. ORGANIZATION'S MOST SIGNIFICANT ACCOMPLISHMENTS: FORM 990, PART I, LINE 1: SINCE 2000, THE INTREPID FALLEN HEROES FUND HAS PROVIDED CLOSE TO $120 MILLION IN SUPPORT FOR THE FAMILIES OF MILITARY PERSONNEL LOST IN SERVICE TO OUR NATION, AND FOR SEVERELY WOUNDED MILITARY PERSONNEL AND VETERANS. THESE EFFORTS ARE FUNDED ENTIRELY WITH DONATIONS FROM THE PUBLIC, AND HUNDREDS OF THOUSANDS OF INDIVIDUALS HAVE CONTRIBUTED TO THE FUND. UNTIL 2005 THE FUND PROVIDED CLOSE TO $20 MILLION TO FAMILIES OF UNITED STATES AND BRITISH MILITARY PERSONNEL LOST IN PERFORMANCE OF THEIR DUTY, MOSTLY IN SERVICE IN IRAQ AND AFGHANISTAN. IN 2005 FEDERAL LEGISLATION SUBSTANTIALLY INCREASED THE BENEFITS GRANTED TO THESE FAMILIES. THE FUND THEN REDIRECTED ITS SUPPORT TOWARD SEVERELY INJURED MILITARY PERSONNEL. IN JANUARY 2007 THE FUND COMPLETED CONSTRUCTION OF THE CENTER FOR THE INTREPID, A $55 MILLION WORLD-CLASS STATE-OF-THE-ART PHYSICAL REHABILITATION CENTER AT BROOKE ARMY MEDICAL CENTER IN SAN ANTONIO, TEXAS. THE CENTER SERVES MILITARY PERSONNEL WHO HAVE BEEN CATASTROPHICALLY DISABLED IN OPERATIONS IN IRAQ AND AFGHANISTAN. IN JUNE 2010 THE FUND OPENED THE NATIONAL INTREPID CENTER OF EXCELLENCE (NICOE), A 72,000 SQUARE FOOT FACILITY LOCATED AT THE NEW WALTER REED NATIONAL MILITARY MEDICAL CENTER IN BETHESDA, MD. NICOE IS NOW THE DEPARTMENT OF DEFENSE LEAD FACILITY FOR RESEARCH, DIAGNOSIS AND TREATMENT OF TRAUMATIC BRAIN INJURY, WHICH AFFLICTS HUNDREDS OF THOUSANDS OF VETERANS. THE INTREPID FALLEN HEROES FUND IS NOW LAUNCHING A NEW PROJECT TO BUILD SATELLITE TBI CENTERS AT SEVERAL MAJOR MILITARY DEPLOYMENT BASES AROUND THE COUNTRY, PROVIDING MORE DIRECT CARE TO OUR WOUNDED HEROES IN UNIFORM. FORM 990, PART VI, SECTION A, LINE 2 ARNOLD FISHER THE HONORARY CHAIRMAN OF THE INTREPID FALLEN HEROES FUND AND MARTIN EDELMAN WHO IS A TRUSTEE OF THE INTREPID FALLEN HEROES FUND BOTH HAVE BUSINESS RELATIONSHIPS WITH THE INTREPID FALLEN HEROES FUND. FRANK FERTITTA WHO IS A TRUSTEE OF THE INTREPID FALLEN HEROES FUND HAS A FAMILY RELATIONSHIP WITH LORENZO FERTITTA WHO IS ALSO A TRUSTEE OF THE INTREPID FALLEN HEROES FUND. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT'S SUBMITTED ELECTRONICALLY TO MEMBERS OF THE ORGANIZATION'S GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH ONE WEEK TO REVIEW THE PREPARED FORM 990 AND PROVIDE THEIR COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE COMPLIANCE OFFICER OR COMMITTEE IN CHARGE OF FILING THE RETURN FOR THEIR REVIEW. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE INTREPID FALLEN HEROES FUND CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT ANNUALLY MONITORS AND ENFORCES. THE BOARD CURRENTLY MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. THE SIGNED CONFLICT OF INTEREST POLICY IS SUBMITTED TO THE CORPORATE COMPLIANCE OFFICER WHO REVIEWS THE SIGNED ATTESTATIONS FOR POTENTIAL OR ACTUAL CONFLICTS. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, THE CORPORATE COMPLIANCE OFFICER WILL NOTIFY MEMBER OF MANAGEMENT OR THE GOVERNING BODY ABOUT SUCH CONFLICT AND INVESTIGATE THE CONFLICT. THE RESULTS OF THE INVESTIGATION WILL BE SUMMARIZED AND DOCUMENTED BY THE CORPORATE COMPLIANCE OFFICER AND BE REPORTED TO THE GOVERNING BODY. IF THE CORPORATE COMPLIANCE OFFICER ESTABLISHES THAT AN ACTUAL CONFLICT EXISTS, THE MEMBER OF MANAGEMENT OR THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY AND WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE INTREPID FALLEN HEROES FUND HAS ESTABLISHED A WRITTEN COMPENSATION POLICY FOR THEIR BOARD TO FOLLOW IN ESTABLISHING THE COMPENSATION FOR THE CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICIAL, OTHER OFFICERS OR KEY EMPLOYEES. THE POLICY MANDATES THAT EXECUTIVE COMPENSATION BE PERIODICALLY REVIEWED BY THE BOARD AND THAT THE BOARD SHOULD BE FREE OF CONFLICTS OF INTEREST. IN ADDITION, THE BOARD REVIEWS APPROPRIATE AND ADEQUATE DATA TO DETERMINE THE REASONABLENESS OF COMPENSATION BEING CONSIDERED. THE BOARD USES A VARIETY OF INFORMATION AND STUDIES THAT ARE AVAILABLE TO DETERMINE THAT THE APPROPRIATE LEVEL OF COMPENSATION IS BEING PAID TO ITS EXECUTIVES. THE BOARD'S DECISION REGARDING THE AMOUNT OF COMPENSATION PAID MUST BE ADEQUATELY DOCUMENTED IN A CONTEMPORANEOUSLY WRITTEN FORMAT, DOCUMENTED WITH THE DATE OF THE DECISION, THE MEMBERS PRESENT DURING THE DECISION AND THOSE WHO VOTED ON IT, THE FULL TERMS OF THE TRANSACTION THAT WAS APPROVED AND THE COMPARABLE DATA USED AND RELIED UPON TO MAKE THE DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE INTREPID FALLEN HEROES FUND MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED FOR UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON THEIR WEBSITE AS WELL AS GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. IN ADDITION FORMS 990 AS WELL AS THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. AUDIT SELECTION AND REVIEW OF FINANCIAL DOCUMENTS FORM 990, PART XII,LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT IS COMPRISED OF MEMBERS OF THE BOARD OF TRUSTEES, THE FUND'S PRESIDENT AND CFO. THIS COMMITTEE REVIEWS ALL FINANCIAL REPORTS AND STATEMENTS, TAX RETURNS, AND AUDIT REPORTS THROUGHOUT THE FISCAL YEAR; SUPERVISE THE AUDIT PROCESS AND SELECTION OF THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR FISCAL YEAR.