2022-03-30T10:51:44-05:00 2021-06-30 420714325 RSM US LLP 100 INTERNATIONAL DRIVE SUITE 1400 BALTIMORE MD 21202 990 2020-07-01 200065799 QLARANT FOUNDATION INC QLAR 4108220697 28464 MARLBORO AVENUE EASTON MD 21601 DANA FIDLER CHIEF FINANCIAL OFFICER 4108220697 2022-03-21 1 DANA FIDLER 999009999 JULIA FLANNERY P00928918 4102469300 2022-03-21 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z RONALD FORSYTHE 28464 MARLBORO AVENUE EASTON MD 21601 1651378 0 X WWW.QLARANT.COM X 2003 MD THE QLARANT FOUNDATION SUPPORTS ACTIVITIES THAT PROMOTE COMMUNITY HEALTH. SEE SCHEDULE O. THE QLARANT FOUNDATION ALSO SUPPORTS ACTIVITES THAT ENHANCE THE QUALITY OF LIFE OF INDIVIDUALS WHO ARE IN DEFINED COMMUNITIES OR MEMBERS OF VULNERABLE POPULATIONS. 5 5 0 0 0 0 500000 500000 0 0 513258 326310 0 2289 1013258 828599 344000 470500 0 0 17000 17000 0 0 0 86443 96410 447443 583910 565815 244689 13232892 18110279 418750 545731 12814142 17564548 ASSESS THE EFFECTIVENESS AND EFFICIENCY OF HEALTH & HUMAN SERVICES. ASSIST HEALTH AND HUMAN SERVICE PROVIDERS IN IMPLEMENTING PROCESS IMPROVEMENT ACTIVITIES IN THEIR RESPECTIVE LOCATIONS OF CARE. 0 0 487886 470500 THE QLARANT FOUNDATION, INC. MADE GRANTS TO VARIOUS HEALTHCARE ORGANIZATIONS WHICH SUPPORTED INNOVATIONS IN IMPROVING HEALTHCARE AND QUALITY OF LIFE FOR THE DEFINED COMMUNITIES AND THE GENERAL PUBLIC. 487886 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X DANA FIDLER CFO 4108220697 28464 MARLBORO AVENUE EASTON MD 21601 MARY B BURGOYNE MD CHAIR, ENDING 12/31/2020 2.00 X X 5000 0 0 BRENDA L CRABBS SECRETARY 2.00 X X 3000 0 0 DOMINIC A SZWAJA CHAIR, BEGINNING 1/1/2021 3.00 X X 3000 0 0 DOUG FIRTH DIRECTOR, ENDING 12/31/20 2.00 X 3000 0 0 LAMONT THOMPSON DIRECTOR 2.00 X 3000 0 0 MICHAEL FISHER DIRECTOR 2.00 X 0 0 0 RONALD FORSYTHE CEO-QLARANT 1.00 51.00 X 0 559966 67775 REBECCA COMBS CFO-QLARANT (THRU 5/18/20) 1.00 51.00 X 0 183980 13342 DANA FIDLER CFO-QLARANT 1.00 51.00 X 0 159600 0 STUART HARLOW CFO-QLARANT (BEG 4/19/21) 1.00 51.00 X 0 0 0 17000 903546 81117 0 0 1 0 0 500000 500000 386009 386009 763080 822779 -59699 -59699 -59699 OTHER INCOME 900099 2289 2289 2289 828599 0 0 328599 470500 470500 17000 17000 686 386 300 40 40 ALLOCATED EXPENSES 58988 58988 36696 36696 583910 487886 96024 0 329325 285372 9868093 11717141 2542890 5612941 492584 494825 13232892 18110279 418750 545731 418750 545731 X 12814142 17564548 12814142 17564548 13232892 18110279 244689 4505717 0 X 0 1 X 1 0 X 5006641 1500000 1000000 500000 500000 8506641 5006641 1500000 1000000 500000 500000 8506641 8506641 170674 386162 445507 442358 386009 1830710 39292 26712 2289 68293 10405644 0.81750 0.84180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 3130 3130 583910 80358018 583910 80361148 112587 1000000 28147 250000 0 0 0 0 1000000 1000000 1000000 1000000 4000000 6000000 199313 90677 3130 293120 250000 250000 250000 250000 1000000 1500000 0 ISHARES TR EDGE MSCI USA VALUE FACTOR ETF 1313165 F VANGUARD VALUE INDEX FUND ADMIRAL SHARES 1040010 F WASHINGTON MUTUAL INVESTORS FUND CLASS F-3 1362141 F VANGUARD REIT INDEX FUND ADMIRAL SHARES 938082 F VANGUARD SMALL CAP VALUE INDEX ADMIRAL SHARES 959543 F 5612941 X 84062217 4505717 80988696 85494413 -1432196 2260795 2260795 828599 78100326 79777211 79777211 -1676885 2260795 2260795 583910 PART X, LINE 2: THE COMPANY FOLLOWS THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE COMPANY MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION CLASSIFICATION, INTEREST, PENALTIES ON INCOME TAXES AND ACCOUNTING IN INTERIM PERIODS. MANAGEMENT HAS EVALUATED THE COMPANY'S TAX POSITIONS AND HAS CONCLUDED THAT THE COMPANY HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISION OF THIS GUIDANCE. THE COMPANY IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO JUNE 30, 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM AFFILIATES INCLUDED ON CONSOLIDATED FINANCIAL STATEMENTS 80,988,696. PART XI, LINE 4B - OTHER ADJUSTMENTS: REVENUE ELIMINATED ON CONSOLIDATED FINANCIAL STATEMENTS 2,260,795. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM AFFILIATES INCLUDED ON CONSOLIDATED FINANCIAL STATEMENTS 79,777,211. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES ELIMINATED ON CONSOLIDATED FINANCIAL STATEMENTS 2,260,795. 1 BAY HUNDRED COMMUNITY VOLUNTEERS PO BOX 12 MCDANIEL MD 21647 820552436 501(C)(3) 30000 GENERAL SUPPORT THERE GOES MY HERO 30 EAST PADONIA ROAD SUITE 207 TIMONIUM MD 21093 270524309 501(C)(3) 20000 GENERAL SUPPORT TALBOT INTERFAITH CENTER 107 GOLDSBOROUGH STREET PO BOX 2004 2004 EASTON MD 21601 264629046 501(C)(3) 20000 GENERAL SUPPORT NATIONAL ALLIANCE ON MENTAL ILLNESS MARYLAND 10632 LITTLE PATUXENT PARKEWAY SUITE 454 COLUMBIA MD 21044 521295484 501(C)(3) 10000 GENERAL SUPPORT INTERNATIONAL RESCUE COMMITTEE 8719 COLESVILLE RD 3RD FLOOR SILVER SPRING MD 20910 135660870 501(C)(3) 15000 GENERAL SUPPORT COMMUNITY FREE CLINIC INC 249 MILL STREET HAGERSTOWN MD 21740 521772594 501(C)(3) 15000 GENERAL SUPPORT BRIGHT BEGINNINGS INC 3418 4TH STREET SE WASHINGTON DC 20032 521697917 501(C)(3) 20000 GENERAL SUPPORT UNIVERSITY OF MARYLAND MEDICAL SYSTEM FOUNDATION 737 W LOMBARD ST SUITE 314 BALTIMORE MD 21201 522238893 501(C)(3) 40000 GENERAL SUPPORT UNIVERSITY LEGAL SERVICES INC 220 I STREET NE SUITE 130 WASHINGTON DC 20002 520902922 501(C)(3) 15000 GENERAL SUPPORT ULMAN FOUNDATION 1215 EAST FORT AVE SUITE 104 BALTIMORE MD 21230 522057636 501(C)(3) 20000 GENERAL SUPPORT TALBOT COUNTY EMPTY BOWLS C/O MID-SHORE COMMUNITY FOUNDATION 102 E DOVER ST EASTON MD 21601 521782373 501(C)(3) 5000 GENERAL SUPPORT MIRIAM'S KITCHEN INC 2401 VIRGINIA AVENUE NW WASHINGTON DC 20037 521331552 501(C)(3) 20000 GENERAL SUPPORT HELPING UP MISSION 1029 EAST BALTIMORE ST BALTIMORE MD 21202 520635090 501(C)(3) 25000 GENERAL SUPPORT GRACE CENTER FOR MATERNAL AND WOMEN'S HEALTH 10226 OLD OCEAN BOULEVARD UNIT 2 BERLIN MD 21811 272789189 501(C)(3) 25000 GENERAL SUPPORT GIRLS IN THE GAME 10 E NORTH AVENUE BALTIMORE MD 21202 364024533 501(C)(3) 10000 GENERAL SUPPORT EASTERN SHORE WELLNESS SOLUTIONS INC 824 FAIRMOUNT AVENUE SUITE 4 CAMBRIDGE MD 21613 823203840 501(C)(3) 30000 GENERAL SUPPORT CAMP ATTAWAY 9770 PATUXENT WOODS DR SUITE 303 COLUMBIA MD 21046 521795189 501(C)(3) 30000 GENERAL SUPPORT BREAST CARE FOR WASHINGTON DC 4 ATLANTIC STREET SW WASHINGTON DC 20032 455574713 501(C)(3) 25000 GENERAL SUPPORT REBUILDING TOGETHER - CAROLINE COUNTY MARYLAND PO BOX 534 DENTON MD 21629 260260471 501(C)(3) 7500 GENERAL SUPPORT THE HOUSE DC PO BOX 30958 WASHINGTON DC 20030 300117990 501(C)(3) 30000 GENERAL SUPPORT 20 0 PART I, LINE 2: UPON AWARD, 25% OF THE GRANT IS DISBURSED. IN NOVEMBER AND FEBRUARY QUARTERLY REPORTS ARE REQUIRED. AFTER REVIEW AND ACCEPTANCE, AN ADDITIONAL 25% IS DISBURSED EACH OF THESE TIMES. A QUARTERLY REPORT IS REQUIRED IN APRIL WHICH HAS NO DISBURSEMENT ATTACHED. A FINAL REPORT IS DUE IN JULY AND ONCE ACCEPTED, THE FINAL 25% IS DISBURSED. 0 0 0 0 0 0 0 0 0 RONALD FORSYTHE CEO-QLARANT 0 460114 0 99190 0 662 0 30769 0 37006 0 627741 0 0 REBECCA COMBS CFO-QLARANT (THRU 5/18/20) 0 183573 0 0 0 407 0 10849 0 2493 0 197322 0 0 DANA FIDLER CFO-QLARANT 0 159600 0 0 0 0 0 0 0 0 0 159600 0 0 SCHEDULE J, PART I, LINE 3 A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE WAS USED BY QLARANT, INC., A RELATED 501(C)(3) ORGANIZATION, TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT FUNCTIONS, SUCH AS FINANCE, HUMAN RESOURCES, INFORMATION TECHNOLOGY, CONTRACTS, AND BUSINESS DEVELOPMENT, ARE PERFORMED BY QLARANT, INC., THE SOLE MEMBER OF QLARANT FOUNDATION, INC.. FORM 990, PART VI, SECTION A, LINE 6 QLARANT, INC. IS THE SOLE MEMBER OF QLARANT FOUNDATION, INC. FORM 990, PART VI, SECTION A, LINE 7A QLARANT, INC. HAS THE RIGHT TO APPOINT AND ELECT ALL DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS OF QLARANT, INC. APPROVES ALL BOARD MEMBER RECOMMENDATIONS MADE BY THE BOARD OF QLARANT FOUNDATION,INC. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CEO, CFO, AND THE FINANCE COMMITTEE. THE BOARD OF DIRECTORS RECEIVES A COPY OF THE RETURN PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS PARTICIPATES IN ANNUAL COMPLIANCE TRAINING AND CONFLICT OF INTEREST TRAINING GIVEN BY THE COMPLIANCE OFFICER. EACH BOARD MEMBER, THE CEO, AND CFO ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST QUESTIONNAIRE ON AN ANNUAL BASIS. THERE MAY BE A MATTER WHERE A MEMBER, OR A MEMBER OF THE MEMBER'S FAMILY, MAY HAVE A MATERIAL PERSONAL INTEREST IN A TRANSACTION OR COURSE OF ACTION IN WHICH QLARANT FOUNDATION, INC. IS, OR MAY BE, INVOLVED. IN SUCH CIRCUMSTANCES, THE MEMBER SHALL NOT PARTICIPATE IN THE VOTING UPON, OR DISCUSSION OF, THE MATTER EXCEPT UNDER THE FOLLOWING CIRCUMSTANCES: 1. A REQUEST TO PARTICIPATE IS MADE TO THE COMPLIANCE COMMITTEE ALONG WITH FULL DISCLOSURE OF THE POTENTIAL CONFLICT AND ALL RELEVANT FACTS; AND 2. THE COMPLIANCE COMMITTEE DETERMINES THAT A MATERIAL PERSONAL INTEREST IS NOT INVOLVED; AND 3. THE BOARD IS FULLY ADVISED OF THE COMPLIANCE COMMITTEE'S DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 THERE ARE NO KEY OFFICERS OR EMPLOYEES PAID DIRECTLY BY QLARANT FOUNDATION. THE CEO AND CFO ARE PAID BY THE RELATED ORGANIZATION, QLARANT, INC., AND THERE IS NO CHARGE TO THE FOUNDATION FOR THEIR EFFORTS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). 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