NEW GENERATION FOUNDATION INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- NEW GENERATION FOUNDATION INC (EIN 36-4957734)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-15
- IRS object ID
- 202413209349327251
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T18:52:38-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 881478669 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CBIZ ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1899 L STREET NW 850 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364957734 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW GENERATION FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWG | BusinessNameControlTxt |
| Phone | 9179154287 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1810 E SAHARA AVE 587 | AddressLine1Txt |
| City | LAS VEGAS | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOEL MCCLEARY | PersonNm |
| Person Title | BOARD CHAIR | PersonTitleTxt |
| Phone | 9179154287 | PhoneNum |
| Signature | 2024-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FRANK H SMITH | PreparerPersonNm |
| PTIN | P00639053 | PTIN |
| Phone | 2022274000 | PhoneNum |
| Preparation | 2024-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JOEL MCCLEARY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1810 E SAHARA AVE 587 | AddressLine1Txt |
| City | LAS VEGAS | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $20,892,979 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2019 | FormationYr |
| Legal Domicile State | NV | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE FUNDING TO SUPPORT THE MISSION AND ACTIVITIES OF THE AUTONOMOUS EDUCATIONAL ORGANIZATIONS, "NAZARBAYEV UNIVERSITY AND "NAZARBAYEV INTELLECTUAL SCHOOLS," EACH A NOT-FOR-PROFIT ENTITY LOCATED IN THE REPUBLIC OF KAZAKHSTAN, AND THEIR AFFILIATED ORGANIZATIONS. | ActivityOrMissionDesc |
| Contract Termination | Yes (X) | ContractTerminationInd |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $12,024,673 | PYInvestmentIncomeAmt |
| CY Investment Income | $20,874,456 | CYInvestmentIncomeAmt |
| PY Other Revenue | $600 | PYOtherRevenueAmt |
| CY Other Revenue | $18,523 | CYOtherRevenueAmt |
| PY Total Revenue | $12,025,273 | PYTotalRevenueAmt |
| CY Total Revenue | $20,892,979 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,462,225 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $876,384 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,918,252 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,416,670 | PYOtherExpensesAmt |
| CY Other Expenses | $2,576,728 | CYOtherExpensesAmt |
| PY Total Expenses | $7,755,279 | PYTotalExpensesAmt |
| CY Total Expenses | $4,494,980 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,269,994 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $16,397,999 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,489,115,917 | TotalAssetsBOYAmt |
| Total Assets EOY | $30,712,966 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $260,665 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,916 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,488,855,252 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $30,708,050 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE FUNDING TO SUPPORT THE MISSION AND ACTIVITIES OF THE AUTONOMOUS EDUCATIONAL ORGANIZATIONS, "NAZARBAYEV UNIVERSITY AND "NAZARBAYEV INTELLECTUAL SCHOOLS", EACH A NOT-FOR-PROFIT ENTITY LOCATED IN THE REPUBLIC OF KAZAKHSTAN, AND THEIR ORGANIZATIONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | IN 2023, THE FOUNDATION CONTINUED TO SET UP THE APPROPRIATE STRUCTURE NEEDED TO SUPPORT ALL THE FUTURE EDUCATIONAL AND OTHER RELATED ACTIVITIES AND ALSO DISTRIBUTED FUNDS TO EDUCATIONAL ORGANIZATIONS IN KAZAKHSTAN IN FURTHERANCE OF ITS MISSION. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | Yes (1) | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 5 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 3 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | KZ | ForeignCountryCd |
| Foreign Country | KG | ForeignCountryCd |
| Foreign Country | RS | ForeignCountryCd |
| Foreign Country | LU | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9179154287 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1810 E SAHARA AVE 587 | AddressLine1Txt |
| City | LAS VEGAS | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89104 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|
| JOEL MCCLEARY | |||||||
| CHAIR | 45.00 | Yes (X) | Yes (X) | $337,500 | $0 | $0 | |
| NURALY BEKTURGANOV | |||||||
| SECRETARY | 35.00 | Yes (X) | Yes (X) | $314,838 | $0 | $0 | |
| ROBERT F ARMAO | |||||||
| DIRECTOR | 30.00 | Yes (X) | $300,000 | $0 | $0 | ||
| AIDOS BEKTURGANOV | |||||||
| EXECUTIVE DIRECTOR AND MAN | 40.00 | Yes (X) | $300,000 | $0 | $0 | ||
| M RON WAHID | |||||||
| JHLLC MANAGER, CHAIR AND CEO | 40.00 | $500,000 | $16,014,058 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,752,338 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $16,014,058 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HOLLAND & KNIGHT | |||||
| PO BOX 936937 | ATLANTA | GA | 31193 | LEGAL | $713,750 |
| MARCUM LLP | |||||
| 10 MELVILLE PARK ROAD | MELVILLE | NY | 11747 | ACCOUNTING | $325,184 |
| BGR GVERNMENT AFFAIRS LLC | |||||
| 601 13TH ST 11TH FLOOR S | WASHINGTON | DC | 20005 | INTERNATIONAL ADVISORY SERVICES | $300,000 |
| RVJ CAPITAL | |||||
| 888 MAIN STREET | NEW YORK | NY | 10044 | PROFESSIONAL ASSISTANCE | $209,435 |
| YERBOL ORYNBAYEV | |||||
| 1035 CARPER STREET | MCLEAN | VA | 22101 | CONSULTING | $150,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,874,456 | TotalRevenueColumnAmt |
| Exclusion | $20,874,456 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $18,523 | TotalRevenueColumnAmt |
| Exclusion | $18,523 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $18,523 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,892,979 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $20,892,979 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,752,338 | TotalAmt |
| Management And General | $1,752,338 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,042 | TotalAmt |
| Management And General | $126,042 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $475 | TotalAmt |
| Management And General | $475 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,397 | TotalAmt |
| Management And General | $39,397 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $768,996 | TotalAmt |
| Management And General | $768,996 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $83,902 | TotalAmt |
| Management And General | $83,902 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,206,276 | TotalAmt |
| Management And General | $1,206,276 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,502 | TotalAmt |
| Management And General | $20,502 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,278 | TotalAmt |
| Management And General | $5,278 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,364 | TotalAmt |
| Management And General | $120,364 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,178 | TotalAmt |
| Management And General | $48,178 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,538 | TotalAmt |
| Management And General | $4,538 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $305,752 | TotalAmt |
| Management And General | $305,752 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| BUSINESS TAXES | $9,527 | $9,527 |
| EXCHANGE LOSS | $3,415 | $3,415 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,494,980 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $4,494,980 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,051,679 | BOYAmt |
| EOY | $3,314,798 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $20,199,493 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,302,582 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,415 | BOYAmt |
| EOY | $353,818 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $14,435 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,593 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,444 | BOYAmt |
| EOY | $8,842 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,478,380,698 | BOYAmt |
| EOY | $5,500,000 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,273,099 | BOYAmt |
| EOY | $1,336,015 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,489,115,917 | BOYAmt |
| EOY | $30,712,966 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,665 | BOYAmt |
| EOY | $4,916 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,665 | BOYAmt |
| EOY | $4,916 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,488,855,252 | BOYAmt |
| EOY | $30,708,050 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,488,855,252 | BOYAmt |
| EOY | $30,708,050 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,489,115,917 | BOYAmt |
| EOY | $30,712,966 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $16,397,999 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$1,474,545,201 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,435 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,593 | DepreciationAmt |
| Book Value | $8,842 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,842 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 92.38% SHARES OF JUSAN TECHNOLOGIES LTD | Desc |
| Book Value | $5,500,000 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $5,500,000 | TotalBookValueSecuritiesAmt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|
| RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, | INVESTMENTS | NONE |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | INVESTMENTS | NONE |
| RUSSIA AND NEIGHBORING STATES - ARMENIA, AZERBIJAN, BELARUS, | GRANTMAKING | NONE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $0 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $0 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| M RON WAHID | ||||||||||||||
| JHLLC MANAGER, CHAIR AND CEO | $500,000 | $814,058 | $0 | $3,200,000 | $0 | $12,000,000 | $0 | $0 | $0 | $0 | $500,000 | $16,014,058 | $0 | $0 |
| JOEL MCCLEARY | ||||||||||||||
| CHAIR | $337,500 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $337,500 | $0 | $0 | $0 |
| NURALY BEKTURGANOV | ||||||||||||||
| SECRETARY | $314,838 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $314,838 | $0 | $0 | $0 |
| AIDOS BEKTURGANOV | ||||||||||||||
| EXECUTIVE DIRECTOR AND MAN | $300,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $300,000 | $0 | $0 | $0 |
| ROBERT F ARMAO | ||||||||||||||
| DIRECTOR | $300,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $300,000 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | AS PER THE BOARD RESOLUTION DATED 2 JUNE 2023, THE BOARD ADOPTED RECOMMENDATIONS BY ITS LEGAL COUNSEL TAKING INTO ACCOUNT THE 2023 COMPENSATION CONSULTANTS REPORT. |
| PART I, LINE 4A | SEVERANCE OF $12,000,000 WAS PAID BY JUSAN TECHNOLOGIES, LTD TO RON WAHID BASED ON CONTRACTUAL ARRANGEMENTS. |
Schedule N IRS990ScheduleN
Disposition Of Assets Detail DispositionOfAssetsDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Distri Or Expnss Paid | INVESTMENTS IN KAZAKH AND RUSSIAN FINANCIAL INSTITUTIONS. AMONG SUCH INVESTMENTS WERE INTERESTS IN A BANK ACTIVELY ENGAGED IN CORPORATE, SME, AND RETAIL BANKING, WITH 22 FULL SERVICE AND 123 OUTLETS THROUGHOUT KAZAKHSTAN, A BANK ACTIVELY ENGAGED IN COMMERCIAL BANKING, AND A COMPANY ACTIVELY ENGAGED IN ASSET MANAGEMENT. SEE SCHEDULE O FOR COMPLETE EXPLANATION. | AssetsDistriOrExpnssPaidDesc |
| Fair Market Value Of Asset | $14,745,451 | FairMarketValueOfAssetAmt |
| Method Of FMV Determination | FINANCIALS FOR JUSAN TECHNOLOGIES LTD. | MethodOfFMVDeterminationTxt |
| Person | KAZAKHSTAN GOVERNMENT | PersonNm |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 XX | AddressLine1Txt |
| Country | KZ | CountryCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRC Section | FOREIGN GOVT | IRCSectionTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor2 | 0 | DirectorOfSuccessor2Ind |
| Employee Of Successor2 | 0 | EmployeeOfSuccessor2Ind |
| Owner Of Successor2 | 0 | OwnerOfSuccessor2Ind |
| Receive Compensation2 | 0 | ReceiveCompensation2Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | AIDOS BEKTURGANOV, EXECUTIVE DIRECTOR, HAS A FAMILY RELATIONSHIP WITH A BOARD MEMBER, NURALY BEKTURGANOV. |
| FORM 990, PART VI, SECTION A, LINE 3 | PER THE FOUNDATION'S GUIDELINES ON MANAGEMENT OF CERTAIN ASSET DATED 29 NOV 2021, THE DIRECT MANAGEMENT OF JTL ASSETS WAS DELEGATED TO THE BOARD OF DIRECTORS OF JTL. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 WAS PREPARED BY A QUALIFIED CPA FIRM AND REVIEWED BY MANAGEMENT AND PROVIDED TO THE FULL BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | A CONFLICT OF INTEREST POLICY WAS ADOPTED BY THE ORGANIZATION AND ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS ON AN ANNUAL BASIS. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION WAS BASED ON COMPARABLE DATA AND SALARY SURVEY PROVIDED BY AN INDEPENDENT THIRD PARTY AND WAS REVIEWED AND DOCUMENTED BY THE BOARD. NURALY BEKTURGANOV RECUSED HIMSELF FROM THE DISCUSSION RELATED TO THE COMPENSATION OF THE EXECUTIVE DIRECTOR DUE TO A CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL DOCUMENTS OPEN FOR PUBLIC INSPECTION ARE AVAILABLE BY REQUEST. |
| FORM 990, PART IX, LINE 11G | CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 193,050. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 193,050. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,005,291. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,005,291. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,935. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,935. |
| FORM 990, PART XI, LINE 9: | REPATRIATED ASSETS - SEE SCHEDULE N AND DETAILED DESCRIPTION BELOW -1,474,545,201. |
| FORM 990, PART XI, LINE 9 - REPATRIATED ASSET EXPLANATION | NGF WAS ORIGINALLY CREATED, AND 100% OF THE MEMBERSHIP INTERESTS OF JYSAN HOLDING LLC ("JH") WERE TRANSFERRED BY GIFT TO NGF, TO SUPPORT THE CHARITABLE, EDUCATIONAL, AND SOCIAL WELFARE MISSIONS OF THE AUTONOMOUS ORGANIZATIONS OF NAZARBAYEV UNIVERSITY (THE "UNIVERSITY") AND NAZARBAYEV INTELLECTUAL SCHOOLS (THE "SCHOOLS"), EACH LOCATED IN THE REPUBLIC OF KAZAKHSTAN. THE UNDERLYING PURPOSE OF THE GIFT WAS TO PLACE THE UNIVERSITY'S AND SCHOOLS' ENDOWMENT UNDER THE CONTROL OF A LEGAL ENTITY THAT WAS NOT-FOR-PROFIT AND WOULD FUND TO OPERATIONS AND RESEARCH GOALS OF THE UNIVERSITY AND SCHOOLS, BUT WHICH WAS IN A JURISDICTION RECOGNIZED AS HAVING REGULATORY TRANSPARENCY AND A STRONG COMMITMENT TO THE RULE OF LAW. THUS, NGF WAS ESTABLISHED AS A NEVADA NONPROFIT CORPORATION AND AN ORGANIZATION DESCRIBED IN SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. AT THAT TIME, JH WAS THE SOLE BENEFICIAL OWNER OF ALL SHARES OF JYSAN TECHNOLOGIES LTD, A PRIVATE COMPANY INCORPORATED IN THE UNITED KINGDOM ("JT"). JT OWNED INVESTMENTS IN KAZAKH AND RUSSIAN FINANCIAL INSTITUTIONS. AMONG SUCH INVESTMENTS WERE INTERESTS IN A BANK ACTIVELY ENGAGED IN CORPORATE, SME, AND RETAIL BANKING, WITH 22 FULL SERVICE AND 123 OUTLETS THROUGHOUT KAZAKHSTAN, A BANK ACTIVELY ENGAGED IN COMMERCIAL BANKING, AND A COMPANY ACTIVELY ENGAGED IN ASSET MANAGEMENT. IN EARLY 2022, THE KAZAKHSTAN GOVERNMENT BEGAN TO MAKE DEMANDS FOR KAZAKHSTANI DIRECTORS TO BE APPOINTED TO NGF'S BOARD AND LAUNCHED OTHER NEGATIVE PUBLIC RELATION CAMPAIGNS AND INVESTIGATIONS AGAINST NGF, JH, AND JT, IN AN EFFORT TO FORCE REPATRIATION OF THE ENDOWMENT FUNDS. IN THE FALL OF 2022, THE KAZAKHSTAN GOVERNMENT FROZE ALL ASSETS THAT WERE LOCATED IN KAZAKHSTAN AND PREVENTED ANY DIVIDENDS FROM BEING PAID TO NGF, TAKING THE POSITION THAT THE ASSETS WERE FRAUDULENTLY TRANSFERRED OUT OF THE COUNTRY TO NGF. THIS MOVE PREVENTED NGF FROM CONTINUING TO MAKE GRANTS TO THE UNIVERSITY AND SCHOOLS AND THREATENED NGF'S ABILITY TO CONTINUE ITS OPERATIONS AND EFFORTS TO OPPOSE THE FORCED DIVESTITURE OF ITS ASSETS. IN FEBRUARY 2023, NGF (ACTING THROUGH JH) INITIATED A LAWSUIT IN FEDERAL DISTRICT COURT IN THE STATE OF NEVADA AGAINST THE REPUBLIC OF KAZAKHSTAN AND OTHERS, AS WELL AS AN ARBITRATION CONDUCTED IN THE UNITED KINGDOM. IN APRIL 2023, THE REPUBLIC OF KAZAKHSTAN ISSUED A NEW LAW PLACING SPECIAL RESTRICTIONS ON FOREIGN LEGAL ENTITIES TO OWN, USE, AND/OR DISPOSE OF, DIRECTLY OR INDIRECTLY, VOTING SHARES OF KAZAKHSTAN RESIDENT BANKS. EVERY EFFORT OF NGF TO GET CONTROL OF NGF ASSETS WAS BLOCKED. THEREAFTER, THE ARBITRATION WAS SETTLED DURING 2023 WHEREBY APPROXIMATELY $1.5 BILLION IN ASSETS WERE REPATRIATED TO KAZAKHSTAN, AND THE BANKS WERE PERMITTED TO PAY DIVIDENDS TO JT OF APPROXIMATELY $100 MILLION USD, LEAVING NGF WITH APPROXIMATELY $100 MILLION IN ASSETS, ALONG WITH AN OBLIGATION TO BUY BACK SHARES OF JT WORTH APPROXIMATELY $25 MILLION, RESULTING IN $75 MILLION IN NET ASSETS. AFTER PAYING OTHER CONTRACTUAL OBLIGATIONS AND WIND UP COSTS, ALL REMAINING FUNDS WILL BE TRANSFERRED TO THE UNIVERSITY AND SCHOOLS IN KAZAKHSTAN. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JYSAN HOLDING LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10161 WEST PARK RUN DRIVE SUITE 150 | AddressLine1Txt |
| City | LAS VEGAS | CityNm |
| State Abbreviation | NV | StateAbbreviationCd |
| ZIP | 89145 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | INVESTMENT HOLDING COMPANY | PrimaryActivitiesTxt |
| Legal Domicile State | NV | LegalDomicileStateCd |
| Total Income | $20,874,363 | TotalIncomeAmt |
| End Of Year Assets | $19,170,516 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW GENERATION FOUNDATION | BusinessNameLine1Txt |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (35 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Share Of EOY AssetsShareOfEOYAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AKMOLA-DIRMEN LLP | |||||||||||
| 45/3 AL-FARABI AVENUE | ASTANA | KZ | 010000 | OTHER ACT ON GRAIN MARKET | KZ | JFOOD KAZAKHSTAN LLP | C | $15,199 | 0.72550 | Yes (1) | |
| ALMANIT RUS LLC | |||||||||||
| 23 ZHUKOV ROUTE | MOSCOW | RS | 115114 | IT DEVELOPMENT ACTIVITIES | RS | JUSAN MART LLP | C | 0.92000 | Yes (1) | ||
| ASTANA CARGO SERVICE LLP | |||||||||||
| 24/6 ALASH ROAD | ASTANA | KZ | 010000 | LOGISTIC ACTIVITIES | KZ | JUSAN VENTURES LLP | C | $564,633 | 0.92380 | Yes (1) | |
| ASTYK LOGISTICS LLP | |||||||||||
| 24/2 ALASH ROAD | ASTANA | KZ | 010000 | LOGISTIC AND DISTRIBUTION | KZ | JUSAN VENTURES LLP | C | $3,974,937 | 0.92380 | Yes (1) | |
| ASTYKZHAN TRADE CENTER LLP | |||||||||||
| 3 BEYSEKOV STREET | ASTANA | KZ | 010000 | TRADE ACTIVITIES | KZ | JTRADE LLP | C | $1,875,896 | 0.92380 | Yes (1) | |
| ASTYKZHAN-KOSTANAY LLP | |||||||||||
| 1B ABAYA AVENUE | KOSTANAY | KZ | 110005 | RETAIL TRADE ACTIVITIES | KZ | JTRADE LLP | C | $3,494,434 | 0.92380 | Yes (1) | |
| CLOUD MASTER LLP | |||||||||||
| SEVERNYI RESIDENTIAL QUARTER 3 | TSEL REGION KOSSHY AUL | KZ | 010000 | INFORMATION TECHNOLOGY | KZ | JUSAN MOBILE JSC | C | 0.92380 | Yes (1) | ||
| CTC LLP | |||||||||||
| NAURYZBAI BATYRA 17 | ALMATY | KZ | 050004 | WIRED TELE COMMUNICATION | KZ | JUSAN MOBILE JSC | C | $231,488 | 0.92380 | Yes (1) | |
| CTC NETWORK LLP | |||||||||||
| NAURYZBAI BATYRA 17 | ALMATY | KZ | 050004 | WIRED TELE COMMUNICATION | KZ | JUSAN MOBILE JSC | C | 0 | |||
| FIRST HEARTLAND CAPITAL JSC | |||||||||||
| 45 KHADZHY MUKAN STREET | ALMATY | KZ | 050059 | INVESTMENT MANAGEMENT | KZ | FIRST HEARTLAND JUSAN BANK JSC | C | $1,352,911 | 0.72550 | Yes (1) | |
| FIRST HEARTLAND JUSAN BANK JSC | |||||||||||
| 242 NAZARBAYEV AVENUE | ALMATY | KZ | A26F8T9 | COMMERCIAL BANKING | KZ | FIRST HEARTLAND SECURITIES JSC | C | $41,445 | 0.72550 | Yes (1) | |
| FIRST HEARTLAND JUSAN INVEST JSC | |||||||||||
| 24 SYGANAK STREET | ASTANA | KZ | 010000 | SECURITIES BROKERAGE | KZ | FIRST HEARTLAND JUSAN BANK JSC | C | $6,959,869 | 0.72550 | Yes (1) | |
| FIRST HEARTLAND SECURITIES JSC | |||||||||||
| 242 NAZARBAYEV AVENUE | ALMATY | KZ | 050000 | SECURITIES BROKERAGE | KZ | JUSAN TECHNOLOGIES LTD | C | $1,185,139 | 0.92150 | Yes (1) | |
| INSURANCE COMPANY JUSAN GARANT JSC | |||||||||||
| 187B NAZARBAYEV AVENUE | ALMATY | KZ | 050008 | INSURANCE ACTIVITIES | KZ | FIRST HEARTLAND JUSAN BANK JSC | C | $24,712,788 | 0.72550 | Yes (1) | |
| JFOOD DISTRIBUTION LLP | |||||||||||
| 39 BOKEIKHANOVA STREET | ALMATY | KZ | 050040 | WHOLESALE FOOD PRODUCTS | KZ | JFOOD KAZAKHSTAN LLP | C | $452,451 | 0.72550 | Yes (1) | |
| JFOOD KAZAKHSTAN LLP | |||||||||||
| AKZHOL STREET 24 | ASTANA | KZ | 000000 | GRAIN PURCHASE & PROCESSING | KZ | JUSAN DEVELOPMENT LLP | C | $2,537,756 | 0.72550 | Yes (1) | |
| JFOOD MILLS LLP | |||||||||||
| 43-2 AL-FARABI AVENUE | ASTANA | KZ | 010000 | WAREHOUSE & PROD. SERVICES | KZ | JFOOD KAZAKHSTAN LLP | C | $114,957 | 0.72550 | Yes (1) | |
| JFOOD PRODUCTION LLP | |||||||||||
| 45/2 AL-FARABI AVENUE | ASTANA | KZ | 010000 | GRAIN MANUFACTURING | KZ | JFOOD KAZAKHSTAN LLP | C | $1,279,593 | 0.72550 | Yes (1) | |
| JFOOD TRADE LLP | |||||||||||
| 41 AL-FARABI AVENUE | ASTANA | KZ | 010000 | RETAIL SALE FOOD & BEV | KZ | JFOOD KAZAKHSTAN LLP | C | $171,804 | 0.72550 | Yes (1) | |
| JPOST LLP | |||||||||||
| BLDG 36 AL-FARABI AVENUE | ALMATY | KZ | 050059 | SECURE TRANSPORTATION | KZ | JUSAN MART LLP | C | $9,507 | 0.92000 | Yes (1) | |
| JT INTERNATIONAL SARL | |||||||||||
| 5 RUE GOETHER | LUXEMBOURG | LU | 1637 | INVESTMENT HOLDING | LU | JUSAN TECHNOLOGIES LTD | C | 0 | |||
| JTRADE LLP | |||||||||||
| DOSTYK AVENUE 91/2 OFFICE 410 | ALMATY | KZ | 050059 | RETAIL TRADE ACTIVITIES | KZ | JUSAN VENTURES LLP | C | $228,570 | 0.92380 | Yes (1) | |
| JUSAN DEVELOPMENT LLP | |||||||||||
| 248B DOSTYK AVENUE | ALMATY | KZ | 050000 | DISTRESSED ASSET MANAGEMENT | KZ | FIRST HEARTLAND JUSAN BANK JSC | C | $2,132,030 | 0.72550 | Yes (1) | |
| JUSAN INKASSACIYA LLP | |||||||||||
| 12G FEDEROV ST | ALMATY | KZ | 050000 | SECURE TRANSPORTATION | KZ | FIRST HEARTLAND JUSAN BANK JSC | C | $141,699 | 0.72550 | Yes (1) | |
| JUSAN MART LLP | |||||||||||
| BLDG 36 AL-FARABI AVENUE | ALMATY | KZ | 050059 | IT DEVELOPMENT ACTIVITIES | KZ | JUSAN VENTURES LLP | C | $784,126 | 0.92000 | Yes (1) | |
| JUSAN MOBILE JSC | |||||||||||
| RADOSTOVETS STREET 69 | ALMATY | KZ | 050009 | TELEPHONE COMMUNICATION | KZ | JUSAN VENTURES LLP | C | $6,699,527 | 0.92380 | Yes (1) | |
| JUSAN PROPERTY LLP | |||||||||||
| 248B DOSTYK AVENUE | ALMATY | KZ | 050000 | DISTRESSED ASSET MANAGEMENT | KZ | FIRST HEARTLAND JUSAN BANK JSC | C | $2,395,654 | 0.72550 | Yes (1) | |
| JUSAN TECHNOLOGIES LTD | |||||||||||
| 22A ST JAMES SQUARE | LONDON | UK | SW1Y 4JH | HOLDING & MGMT COMPANY | UK | NEW GENERATION FOUNDATION | C | $70,661 | 0.92380 | Yes (1) | $1,237,366,979 |
| JUSAN VENTURES LLP | |||||||||||
| 242 NAZARBAYEV AVENUE | ALMATY | KZ | 050000 | MANAGEMENT COMPANY | KZ | JUSAN TECHNOLOGIES LTD | C | $1,570,136 | 0.92380 | Yes (1) | |
| KUNAR-TRADE LLP | |||||||||||
| 24/6 ALASH ROAD | ASTANA | KZ | 010000 | COMMERCIAL ACTIVITIES | KZ | JUSAN VENTURES LLP | C | $510,409 | 0.92380 | Yes (1) | |
| OPTIMA BANK OJSC | |||||||||||
| 493 JIBEK-OLU AVENUE | BISHKEK | KG | 720070 | COMMERCIAL BANKING | KG | FIRST HEARTLAND JUSAN BANK JSC | C | $46,050,651 | 0.70470 | Yes (1) | |
| OUSA YUG LLP | |||||||||||
| 20/14 ABAY AVENUE | ALMATY | KZ | 050021 | DISTRESSED ASSET MANAGEMENT | KZ | FIRST HEARTLAND JUSAN BANK JSC | C | $237,929 | 0.72550 | Yes (1) | |
| PIONEER TECHNOLOGIES SARL | |||||||||||
| 5 RUE GOETHER | LUXEMBOURG | LU | 1637 | INVESTMENT | LU | PIONEER HORIZON EAST SCS | C | 0.92380 | Yes (1) | ||
| SAPA NAN LLP | |||||||||||
| 31/1 AL-FARABI AVENUE | ASTANA | KZ | 010000 | PRODUCTION OF BREAD PRODUCTS | KZ | JUSAN DEVELOPMENT LLP | C | $366,024 | 0.72550 | Yes (1) | |
| VBR REAL ESTATE LLP | |||||||||||
| 140A AL-FARABI AVENUE | ALMATY | KZ | 0500000 | REAL ESTATE MANAGEMENT | KZ | JUSAN DEVELOPMENT LLP | C | $82,878 | 0.38450 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | Yes (1) | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JUSAN TECHNOLOGIES LTD | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | F | TransactionTypeTxt |
| Involved | $20,408,810 | InvolvedAmt |