2021-04-05T09:13:11-05:00 2020-12-31 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2020-01-01 550810709 FOUNDATION FOR PEACE FOUN 9739881484 PO BOX 61394 KING OF PRUSSIA PA 19406 KENNETH CULVER PRESIDENT 9739881484 2021-03-31 1 KENNETH CULVER 999009999 CHRIS PERROTTA CPA P01450368 9733281825 2021-03-31 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z X KENNETH CULVER PO BOX 61394 KING OF PRUSSIA PA 19406 1204367 0 X WWW.FOUNDATIONFORPEACE.ORG X 2003 DC THE FOUNDATION FOR PEACE IS A 501(C)(3) NOT-FOR PROFIT ORGANIZATION DEDICATED TO EDUCATION IN THE UNITED STATES AND TO WORKING HAND IN HAND WITH PEOPLE IN MATERIALLY IMPOVERISHED AREAS OF THE DOMINICAN REPUBLIC, HAITI, AND KENYA TO PROVIDE EDUCATIONAL SUPPORT, HEALTHCARE ACCESS, ECONOMIC OPPORTUNITY AND HOPE. WE WORK TOGETHER AS LONG-TERM PARTNERS IN SOLIDARITY TO ENABLE PERSONAL SUCCESS AND COMMUNITY ACHIEVEMENT. WE BELIEVE THIS WILL RESULT IN SUSTAINABLE AND SUCCESSFUL INITIATIVES THAT RELIEVE THE EFFECTS OF POVERTY, ENCOURAGE PERSONAL GROWTH, AND OVERCOME INJUSTICE. 14 14 0 141 0 0 2071466 926663 637302 155277 2532 8014 0 10000 2711300 1099954 2397969 955038 0 0 0 0 0 0 1345 273172 193075 2671141 1148113 40159 -48159 586629 703979 0 160923 586629 543056 X THE FOUNDATION FOR PEACE IS A 501(C)(3) NOT-FOR PROFIT ORGANIZATION DEDICATED TO EDUCATION IN THE UNITED STATES AND TO WORKING HAND IN HAND WITH PEOPLE IN MATERIALLY IMPOVERISHED AREAS OF THE DOMINICAN REPUBLIC, HAITI, AND KENYA TO PROVIDE EDUCATIONAL SUPPORT, HEALTHCARE ACCESS, ECONOMIC OPPORTUNITY AND HOPE. WE WORK TOGETHER AS LONG-TERM PARTNERS IN SOLIDARITY TO ENABLE PERSONAL SUCCESS AND COMMUNITY ACHIEVEMENT. WE BELIEVE THIS WILL RESULT IN SUSTAINABLE AND SUCCESSFUL INITIATIVES THAT RELIEVE THE EFFECTS OF POVERTY, ENCOURAGE PERSONAL GROWTH, AND OVERCOME INJUSTICE. 0 0 1072875 903310 165277 OBJECTIVE: OUR MISSION TEAMS PUT INTO ACTION OUR MISSION STATEMENT - WE CAN'T DO EVERYTHING, BUT WE'LL DO ANYTHING! FOUNDATION FOR PEACE WORKS HAND IN HAND ON HEALTH, EDUCATION AND COMMUNITY INITIATIVES IN THE DOMINICAN REPUBLIC, HAITI AND KENYA. OUR FLEXIBLE PARTNERSHIP APPROACH LETS US SAY "YES" TO COMMUNITIES' GREATEST NEEDS, LEADING TO NEW OPPORTUNITIES AND LASTING RELATIONSHIPS.ACCOMPLISHMENTS: DUE TO THE COVID-19 PANDEMIC, WE ONLY HAD 141 PARTICIPANTS IN MISSION TEAMS IN HAITI AND THE DOMINICAN REPUBLIC IN 2020, WITH NO MISSION TRIPS TO KENYA. AS A RESULT, WE SHIFTED OUR ACTIVITIES TO ASSIST THOSE IN NEED IN OTHER WAYS.HAITI:WE CONTINUED WORKING WITH PEOPLE IN THE GANTHIER PROVINCE. TOGETHER WE ACCOMPLISHED THE FOLLOWING:- PROVIDED COVID-19 DISEASE PREVENTION EDUCATION AND MASKS TO MORE THAN 4,000 PEOPLE- PROVIDED OVER 300 HAND WASHING STATIONS- PROVIDED RELIEF AFTER TROPICAL STORM LAURA THROUGH HOME REPAIR AND FOOD DISTRIBUTION - BROUGHT HOPE BY STRENGTHENING EXISTING RELATIONSHIPS AND BUILDING NEW ONES- CONTINUED THE CONSTRUCTION OF THE LA MISSION EVANGELIQUE SANCTUAIRE DE LA GRACE CHURCH IN KWA KOK- CONTINUED TO OPERATE THE MEN NAN MEN PROFESSIONAL SCHOOL IN GANTHIER THAT PROVIDES ENGLISH AND SPANISH LANGUAGE CLASSES AND COMPUTER, TILING, SEWING, ELECTRICAL AND COOKING PROGRAMS- PROVIDED MEALS TO OVER 300 FAMILIES ON 6 OCCASIONS- INCREASED OUR LEADERSHIP ROLE AND INVESTMENT IN THE ORPHANS AT CAD BY PAYING SALARIES FOR ALL STAFF, PROVIDING WELL-ROUNDED MEALS, WATER AND ELECTRICITY REPAIRKENYA:OUR TEAM CONTINUED SUPPORT PROJECTS WITH OUR KENYAN PARTNERS IN THE MATHARE NORTH SLUM. TOGETHER WE ACCOMPLISHED THE FOLLOWING:- COMPLETED A FUND-RAISING EFFORT TO MOVE THE CONSTRUCTION OF THE NEW LIVING WORD CHURCH IN MATHARE NORTH TO A POINT WHERE THEY CAN NOW WORSHIP IN THE NEW SANCTUARY. WE PLAN TO SEND A TEAM IN 2021 TO FINISH THE CONSTRUCTION OF THE SANCTUARY.DOMINICAN REPUBLIC:TOGETHER WE ACCOMPLISHED THE FOLLOWING:- PROVIDED COVID-19 DISEASE PREVENTION EDUCATION AND MASKS TO MORE THAN 1,000 PEOPLE - PROVIDED RELIEF AFTER TROPICAL STORM LAURA THROUGH ROOF REPAIR, FOOD DISTRIBUTION, MEDICAL CARE, ROAD REPAIR- CONTINUED STUDENT SPONSORSHIP PROGRAMS THAT FUND TUITION FOR TEACHER SALARIES, AS WELL AS OTHER NECESSITIES - BROUGHT HOPE TO THOUSANDS OF PEOPLE, BY STRENGTHENING EXISTING RELATIONSHIPS AND BUILDING NEW ONES- CONTINUED CONSTRUCTION IN MULTIPLE SITES INCLUDING CHURCHES, SCHOOLS, AND A COMMUNITY CENTER- CONTINUED SUPPORT FOR MEDICAL AND FINANCIAL NEEDS AT CASA DE LUZ, A HOME FOR PHYSICALLY AND MENTALLY HANDICAPPED CHILDREN- PROVIDED MEDICAL CARE AND HEALTH EDUCATION FOR MORE THAN 500 FAMILIES- PRESENTED EDUCATION PROGRAMS FOR THOUSANDS OF CHILDREN 51728 51728 EDUCATION PROGRAMSOBJECTIVE: TO PROVIDE EDUCATIONAL PROGRAMS THAT SURPASS GOVERNMENT STANDARDS IN AREAS WHERE THERE IS LITTLE OR NO AFFORDABLE EDUCATIONAL OPPORTUNITIES. THIS IS ACCOMPLISHED IN SEVERAL WAYS: 1) PARTNERSHIPS WITH COMMUNITIES TO BUILD SCHOOLS, 2) STUDENT SPONSORSHIP PROGRAMS THAT FUND TUITION FOR TEACHER SALARIES, AS WELL AS OTHER NECESSITIES AND 3) OPERATION OF THE MEN NAN MEN PROFESSIONAL SCHOOL IN GANTHIER, HAITI THAT TEACHES LANGUAGES, COMPUTERS AND VARIOUS VOCATIONAL TRADES. ACCOMPLISHMENTS: THE LANGUAGE SCHOOL IN GANTHIER, HAITI THAT SERVES 300-500 STUDENTS BY TEACHING ENGLISH, SPANISH, AND COMPUTER SKILLS EXPANDED TO INCLUDE TILING, SEWING, ELECTRICAL AND COOKING EDUCATIONAL PROGRAMS. WE CONTINUE TO SUPPORT SEVEN SCHOOLS IN THE DOMINICAN REPUBLIC AND HAITI WITH FINANCIAL ASSISTANCE THROUGH SPONSORSHIP PROGRAMS. 1124603 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 DR HA 0 0 0 0 0 0 0 0 0 0 X 14 14 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X KENNETH CULVER 9739881484 PO BOX 61394 KING OF PRUSSIA PA 19406 X ALBERTO MARTINEZ LUGO CHAIRMAN 5.00 X X 0 0 0 ROSALINA CARDONA MARTINEZ VICE PRESIDENT 5.00 X X 0 0 0 JEFFREY SPRAGENS TREASURER 5.00 X X 0 0 0 JOY FOWLER SPRAGENS VICE PRESIDENT 5.00 X X 0 0 0 CINDY ALLOWAY SECRETARY 5.00 X X 0 0 0 KENNETH CULVER PRESIDENT AND EXECUTIVE DI 10.00 X X 0 0 0 BETTY JEAN TRUSTEE 3.00 X 0 0 0 BOB BROEZE TRUSTEE 2.00 X 0 0 0 BRUCE JONES TRUSTEE 3.00 X 0 0 0 FRANK SPERANZA TRUSTEE 5.00 X 0 0 0 JUDY JONES TRUSTEE 2.00 X 0 0 0 KELLI REGAN TRUSTEE 5.00 X 0 0 0 SCOTT COAPMAN TRUSTEE 3.00 X 0 0 0 WENDY PATCHIN TRUSTEE 25.00 X 0 0 0 0 0 0 0 0 0 0 0 926663 333439 926663 MISSION TRIP FEES 900099 155277 155277 155277 173 173 112254 104413 7841 7841 7841 EMERGENCY ADVANCE 900099 10000 10000 10000 1099954 165277 0 8014 955038 955038 1455 1455 10361 10361 170 170 967 967 15496 15496 2392 2392 4172 4018 154 4159 4159 MISSION TRIPS 150051 150051 BANK FEES 2507 2507 FUNDRAISING 1345 1345 1148113 1124603 22165 1345 212984 351045 13949 29634 17800 15400 369174 168400 204946 200774 56950 27126 80000 80000 586629 703979 2392 0 158531 0 160923 X 586629 543056 586629 543056 586629 703979 -48159 4586 0 X X 0 1 X 1 0 X 1136163 3124833 1726519 2071466 926663 8985644 1136163 3124833 1726519 2071466 926663 8985644 8985644 56 163 29 902 173 1323 10000 10000 8996967 2709587 0.99870 0.99980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 108975 108975 166912 75113 91799 93287 93287 0 200774 DEPOSIT 80000 80000 REFUNDABLE ADVANCE 8531 ECONOMIC INJURY DISASTER LOAN 150000 158531 X 1104540 4586 4586 1099954 0 1099954 1148113 0 1148113 0 1148113 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS THEREBY EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE ORGANIZATION IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ASSOCIATIONS NOT FOR PROFIT ACT. THE ORGANIZATION IS EXEMPT IN THE STATE OF PENNSYLVANIA. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. AS REQUIRED BY LAW, THE ORGANIZATION FILES INFORMATIONAL RETURNS WITH BOTH FEDERAL AND NEW JERSEY STATE GOVERNMENTS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, FORM CRI-300R WITH NEW JERSEY AND FORM BCO-10 WITH PENNSYLVANIA. THESE RETURNS ARE SUBJECT TO EXAMINATION BY THESE AUTHORITIES WITHIN CERTAIN STATUTORILY DEFINED PERIODS FOR BOTH FEDERAL AND THE STATE OF NEW JERSEY. 0 DOMINICAN REPUBLIC 1 0 PROGRAM SERVICES EDUCATION, MEDICAL CARE, CLEAN WATER 498857 HAITI 1 0 PROGRAM SERVICES EDUCATION, MEDICAL CARE, CLEAN WATER 310413 KENYA 0 0 PROGRAM SERVICES EDUCATION, MEDICAL CARE 94040 2 0 0 0 2 0 903310 0 903310 EDUCATION, MEDICAL CARE, CLEAN WATER DOMINICAN REPUBLIC 498857 MEDICAL, EDUCATIONAL, AND OTHER SUPPLIES EDUCATION, MEDICAL CARE, CLEAN WATER HAITI 310413 MEDICAL, EDUCATIONAL, AND OTHER SUPPLIES EDUCATION, MEDICAL CARE KENYA 94040 MEDICAL, EDUCATIONAL, AND OTHER SUPPLIES 1 0 0 0 0 0 PART I, LINE 2: THE PRESIDENT AND DIRECTOR OF GLOBAL MISSIONS OVERSEE ALL MONETARY TRANSACTIONS, WHETHER IN THE UNITED STATES OR IN A FOREIGN COUNTRY. PART I, LINE 3: FAIR MARKET VALUE. PART III ACCOUNTING METHOD: X 1 69613 FAIR MARKET VALUE X 7 331590 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ALBERTO MARTINEZ LUGO, CHAIRMAN, AND ROSALINA CARDONA MARTINEZ, VICE PRESIDENT, ARE SPOUSES. JEFF SPRAGENS, TREASURER, AND JOY SPRAGENS, VICE-PRESIDENT, ARE SPOUSES. BRUCE AND JUDY JONES TRUSTEES, ARE SPOUSES. FORM 990, PART VI, SECTION B, LINE 11B FOUNDATION FOR PEACE 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 IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED PRIOR TO THE RETURN BEING FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C FOUNDATION FOR PEACE CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD 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. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER 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 THAT THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS AND DOES NOT HAVE EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 FOUNDATION FOR PEACE MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT P.O. BOX 61394 KING OF PRUSSIA, PA 19406 IN ADDITION FORM 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT P.O. BOX 61394 KING OF PRUSSIA, PA 19406 FORM 990 IS ALSO AVAILABLE AT THE ORGANIZATION'S WEBSITE WWW.FOUNDATIONFORPEACE.ORG FORM 990 PART XII LINE 2C THERE WAS NO CHANGE FROM THE PRIOR YEAR.