2023-09-29T08:35:54-05:00 2022-12-31 203985546 JOHNSON O'CONNOR FERON & CARUCCI LLP 101 EDGEWATER DRIVE SUITE 210 WAKEFIELD MA 01880 990 2022-01-01 831851237 IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION IMPA 3038954411 1533 SICILY DRIVE LONGMONT CO 80503 ANAND NARAYAN SECRETARY 3038954411 2023-09-26 1 ANAND NARAYAN XXX-XX-XXXX 0 GISO JOSEPH P00030126 7819143400 2023-09-26 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANAND NARAYAN 1533 SICILY DRIVE LONGMONT CO 80503 744813 0 X N/A X 2017 DE TO CREATE AN IMPACT ON THE LIVES OF THE DISADVANTAGED, UNDER-SERVED POPULATIONS BY NURTURING MODELS OF INNOVATION AND ENTREPRENEURSHIP. 7 6 1 5 0 0 713166 743517 13947 1296 0 0 0 0 727113 744813 126000 429964 0 0 82825 84155 0 0 0 49022 185329 257847 699448 469266 45365 967845 990416 22794 0 945051 990416 TO CREATE AN IMPACT ON THE LIVES OF THE DISADVANTAGED, UNDER-SERVED POPULATIONS BY NURTURING MODELS OF INNOVATION AND ENTREPRENEURSHIP. 0 0 623679 429964 1296 THE IMPACT INNOVATORS & ENTREPRENEURS FOUNDATION'S PRIMARY PURPOSE IS TO CREATE AN IMPACT ON THE LIVES OF THE DISADVANTAGED, UNDER-SERVED POPULATIONS BY NURTURING MODELS OF INNOVATION AND ENTREPRENEURSHIP THAT SERVE THESE POPULATIONS DIRECTLY. TO THIS EFFECT WE HAVE DIRECTLY ENABLED ABOUT 10 ENTERPRISES THROUGH INVESTMENTS, LOAN GUARANTEE PROGRAMS AND ADVISORY AND INDIRECTLY SUPPORTED OVER 100 ENTERPRISES, THROUGH TRAINING AND ADVISORY SUPPORT TO 40 INCUBATORS (ENTREPRENEUR SUPPORT ORGANIZATIONS) ACCROSS SOUTH EAST ASIA, SOUTH ASIA AND AFRICA. 623679 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 1 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 1 2 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 CO X ANAND NARAYAN 3038954411 1533 SICILY DRIVE LONGMONT CO 80503 ARUNKUMAR VENKATESAN CEO/DIRECTOR 40.00 X X 74667 0 3273 ANAND NARAYAN SECRETARY 0.25 X X 0 0 0 JASMIN PATEL CHAIR 0.25 X X 0 0 0 AZAD OOMMEN TREASURER 0.25 X X 0 0 0 PAUL BASIL DIRECTOR 0.25 X 0 0 0 JENNY EVERETT DIRECTOR 0.25 X 0 0 0 NADINE FREEMAN DIRECTOR 0.25 X 0 0 0 74667 0 3273 0 0 0 0 0 743517 743517 PROFESSIONAL INCOME 541900 1296 1296 1296 744813 1296 0 0 X 429964 429964 74667 59733 14934 3273 2618 655 6215 4971 1244 12858 12858 18119 18119 133520 106816 26704 12338 12338 378 378 7239 7239 MISCELLANEOUS 877 877 699448 623679 75769 0 682965 524817 156 6188 199724 374411 85000 85000 967845 990416 13375 0 9419 0 22794 0 X 945051 990416 945051 990416 967845 990416 45365 0 X 0 0 0 X 0 0 0 55000 743517 798517 55000 743517 798517 586696 211821 798517 270766 0.26530 1.00000 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: LEVERAGING TECH TO SUPPORT FLHW PROJECT DATE: 09/01/21 AMOUNT: 125000. DESCRIPTION: BLDG LOCAL RESILIENCE IN AFRICA DATE: 12/01/20 AMOUNT: 55000. DESCRIPTION: DESIGN & LAUNCH OF INCUBATION-AFFILIATED FUND IN AFRICA DATE: 06/01/21 AMOUNT: 131500. DESCRIPTION: SUPPORT INVENTION-BASED ENTERPRISES IN INDIA DATE: 05/08/19 AMOUNT: 835382. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 374411 C 374411 SECURITY DEPOSIT 85000 85000 1 SUB-SAHARAN AFRICA 0 0 GRANTS 429964 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 INVESTMENTS 374411 0 0 0 0 0 0 804375 0 804375 SUB-SAHARAN AFRICA SUBAWARD 429964 WIRE 0 2 0 0 0 0 0 0 PART I, LINE 2: SUBAWARD RECIPIENT IS REQUIRED TO PROVIDE PERIODIC REPORTING AS MANDATED BY THE GRANTOR. REPORTS REGARDING MILESTONES ACHIEVED ARE SUBMITTED TO IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION AND, SUBSEQUENTLY, TO THE GRANTOR. ALL GRANT TRANCHES ARE RELEASED, AFTER REVIEW, BASED ON MILESTONE COMPLETION. PART III ACCOUNTING METHOD: FORM 990, PART VI, SECTION B, LINE 11B IMPACT INNOVATORS AND ENTREPRENEURS FOUNDATION'S (IIEF) FORM 990 IS PREPARED WITH THE ASSISTANCE OF AN OUTSIDE ACCOUNTING FIRM. A COPY OF THE COMPLETED FORM 990 IS DISTRIBUTED ELECTRONICALLY TO MEMBERS OF THE GOVERNING BODY PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST BY COMPLETING A QUESTIONNAIRE ANNUALLY. IF A CONFLICT OF INTEREST IS DEEMED TO EXIST, IT IS THE DUTY OF THE INDIVIDUALS TO DISCLOSE SUCH INTEREST. THIS INTEREST IS TO BE RECORDED IN THE MINUTES OF THE MEETING OF THE BOARD AND WHERE THE CONFLICT CONCERNS ANY BOARD OR COMMITTEE MEMBER, THE INDIVUDAL(S) SHALL NOT PARTICIPATE IN ANY VOTE OR DELIBERATION ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWS THE CEO/DIRECTOR'S PERFORMANCE IN CONNECTION WITH PREVIOUSLY ESTABLISHED GOALS ALONG WITH ACCOMPLISHMENTS RELATIVE TO CURRENT SALARY AND MARKET CONDITIONS. BASED UPON THIS REVIEW, THE EXECUTIVE COMMITTEE PRESENTS ITS ASSESSMENT AND RECOMMENDED COMPENSATION ADJUSTMENTS TO THE BOARD IN EXECUTIVE SESSION, FOR ITS APPROVAL. IN ADDITION, THE BOARD CHAIR SOLICITS COMMENTS ON THE CEO/DIRECTOR'S PERFORMANCE FROM ALL BOARD MEMBERS. BASED ON ALL OF THE PROCEEDING FEEDBACK, THE BOARD CHAIR MEETS WITH THE CEO/DIRECTOR FOR FORMAL REVIEW, INCLUDING PRESENTATION OF SALARY ADJUSTMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS' GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 106,816. MANAGEMENT AND GENERAL EXPENSES 26,704. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 133,520.