2019-11-15T06:47:12-06:00 2018-12-31 541019610 CST GROUP CPAS PC 10740 PARKRIDGE BLVD 5TH FLOOR RESTON VA 20191 990 2018-01-01 521071723 NATIONAL ITALIAN AMERICAN FOUNDATIONINC NATI 2023870600 1860 19TH STREET NW WASHINGTON DC 200095501 GABRIEL BATISTA CHAIRPERSONS 2023870600 2019-11-13 1 JOSEPH J ROMAGNOLI P00181102 7033912000 2019-11-13 66.77.128.118 2019-11-13 16:03:15 ES P 231EA64EA6462DCFC48F067DA0BB89C14EC80B9A CDC3AAC360A2DB384EBA0CA1F6EDB2FFD70D801F 2018 2020-04-17 16:48:07Z GABE BATISTA PAT HARRIS 1860 19TH STREET NW WASHINGTON DC 200095501 5267331 0 X WWW.NIAF.ORG X 1975 DC THE FOUNDATION PROVIDES ALL ITALIAN AMERICANS WITH A NATIONAL HEADQUARTERS DEDICATED TO ENCOURAGING AND SUPPORTING THEIR ROLE IN PUBLIC LIFE. 30 30 14 72 0 -750 3056882 1921121 1426237 1162059 875930 485169 2708 3214 5361757 3571563 8518655 852156 0 0 1222856 845006 0 0 98081 2585229 2518679 12326740 4215841 -6964983 -644278 13092711 10040453 285169 340539 12807542 9699914 X THE NATIONAL ITALIAN AMERICAN FOUNDATION (NIAF) IS A NONPROFIT, NONPARTISAN EDUCATIONAL FOUNDATION THAT PROMOTES ITALIAN AMERICAN CULTURE AND HERITAGE. THE NIAF SERVES AS A RESOURCE IN THE ITALIAN AMERICAN COMMUNITY AND HAS EDUCATIONAL AND YOUTH PROGRAMS INCLUDING SCHOLARSHIPS, GRANTS, HERITAGE TRAVEL, AND MENTORING. THE NIAF ALSO HAS A PUBLIC POLICY SPEAKERS PROGRAM. THE NIAF'S MISSION ALSO INCLUDES ADVANCING US - ITALY RELATIONS. 0 0 1309206 852156 270600 SCHOLARSHIPS/ GRANTS: APPROXIMATELY $850K WAS AWARDED FOR GRANTS, SCHOLARSHIPS AND OTHER EDUCATION PROGRAMS. SCHOLARSHIPS WERE PRESENTED TO STUDENTS AT THE COLLEGE AND GRADUATE LEVELS. GRANTS WERE AWARDED FOR SUCH CATEGORIES AS GENERAL UNDERGRADUATE, WOMEN'S STUDIES, ITALIAN LANGUAGE, COMMUNICATIONS, ETC. 1375690 494634 GALA DINNER: AN ANNUAL EVENT THAT HONORS DISTINGUISHED ITALIAN AMERICAN MEN AND WOMEN WHO HAVE MADE SUBSTANTIAL CONTRIBUTIONS TO THEIR PROFESSIONS IN SUCH FIELDS AS EDUCATION, HUMANITARIANISM, BUSINESS, ENTERTAINMENT, SCIENCE, AND SPORTS. PROCEEDS FROM THE DINNER SUPPORT NIAF'S CULTURAL, SCHOLARSHIP, AND EDUCATIONAL PROGRAMS. 230968 0 PUBLIC POLICY: INCLUDES SEMINARS, CONFERENCES, AND NEWS INFORMATION PROJECTS DESIGNED TO ACQUAINT THE GENERAL PUBLIC WITH THE ITALIAN COMMUNITY AS REPRESENTED BY NIAF. ALSO, THE NIAF CONTINUES EFFORTS IN THE COOPERATION WITH THE EMBASSY OF ITALY IN ASSISTING ITALIAN AMERICANS INTERESTED IN OBTAINING ITALIAN CITIZENSHIP. NIAF LAUNCHED AN ONLINE SURVEY QUESTIONNAIRE TO DETERMINE ELIGIBILITY REQUIREMENTS FOR USE BY THE EMBASSY IN PROCESSING POTENTIAL APPLICATIONS. 57460 331741 MEMBER SERVICES: TIERED MEMBERSHIP PROGRAM OFFERING VARIOUS OPPORTUNITIES FOR EACH LEVEL OF MEMBERSHIP. MEMBERSHIP SUPPORT HAS ALLOWED NIAF TO EXPAND ITS MANY YOUTH PROGRAMS, SCHOLARSHIP OFFERINGS AND GRANT AWARDS TO THOUSANDS OF DESERVING ITALIAN AMERICANS THROUGHOUT THE COUNTRY. 57460 331741 2973324 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 38 0 1 14 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 DC X X NATIONAL ITALIAN AMERICAN FOUNDATIONINC 2029393111 1860 19TH ST NW WASHINGTON DC 20009 ROBERT V ALLEGRINI EXECUTIVE VICE PRESIDENT 3.00 X X 0 0 0 PETER J ARDUINI BOARD MEMBER 0.30 X 0 0 0 KENNETH J ASPROMONTE VICE CHAIR 3.00 X X 0 0 0 MARIA BARTIROMO BOARD MEMBER 0.30 X 0 0 0 GABRIEL A BATTISTA CHAIRMAN 3.00 X X 0 0 0 CAPRI S CAFARO BOARD MEMBER 0.30 X 0 0 0 JOHN F CALVELLI VICE CHAIR 3.00 X X 0 0 0 LINDA R CARLOZZI ESQ SECRETARY 1.30 X X 0 0 0 ROBERT E CARLUCCI VICE CHAIR 3.00 X X 0 0 0 PAOLO CATALFAMO BOARD MEMBER 0.30 X 0 0 0 JOSEPH M DELLA RATTA BOARD MEMBER 0.30 X 0 0 0 MIKE A FERGUSON BOARD MEMBER 0.30 X 0 0 0 FRANK GIORDANO EXECUTIVE VICE PRESIDENT 3.00 X X 0 0 0 ANTONIO GIORDANO MD BOARD MEMBER 0.30 X 0 0 0 GERARD S LAROCCA EXECUTIVE VICE PRESIDENT 3.00 X X 0 0 0 JOSEPH D LONARDO ESQ GENERAL COUNSEL 3.00 X X 0 0 0 ANITA BEVACQUA MCBRIDE VICE CHAIR 3.00 X X 0 0 0 JOSEPH H MOGLIA BOARD MEMBER 0.30 X 0 0 0 JOHN P ROSA BOARD MEMBER 0.30 X 0 0 0 LOUIS E TOSI ESQ BOARD MEMBER 0.30 X 0 0 0 PATRICIA DE STACY HARRISON CHAIRMAN 3.00 X X 0 0 0 NICHOLAS R CAIAZZO ESQ BOARD MEMBER 0.30 X 0 0 0 BASIL M RUSSO ESQ BOARD MEMBER 0.30 X 0 0 0 GEORGE M SIMEONE AUDIT COMMITTEE CHAIR 0.30 X X 0 0 0 ANTHONY S DISANDRO JR BOARD MEMBER 0.30 X 0 0 0 PHILIP L RINALDI BOARD MEMBER 0.30 X 0 0 0 ALFONSO RUFFO BOARD MEMBER 0.30 X 0 0 0 CHRIS BERARDINI BOARD MEMBER 0.30 X 0 0 0 ANTONIO DE MATTEIS BOARD MEMBER 0.30 X 0 0 0 VINCENT J LUMIA BOARD MEMBER 0.30 X 0 0 0 LAWERENCE PURPURO FORMER EXECUTIVE VICE PRESIDENT 40.00 X X 75000 0 0 GERALDINE JONES CHIEF OF STAFF 40.00 X 137836 0 22764 212836 0 22764 1 0 1 0 MARRIOTT BUSINESS SERVICES 2660 WOODLEY RD NW WASHINGTON DC 20008 2018 DC GALA VENUES 228404 42ND STREET LESSEE LLC 110 EAST 42ND STREET NEW YORK NY 10017 2018 NYC GALA VENUES 190440 ENCORE DECOR 2321 STEWART AVENUE SUITE D SILVER SPRING MD 20910 2018 DC GALA DECORATION 144387 3 426429 1494692 212023 1921121 GALA DINNER 900099 494634 494634 EDUCATION DEPARTMENT 900099 270600 270600 SPECIAL PROJECTS 900099 260896 260896 PUBLICATIONS REVENUE 541800 68298 68298 EVENTS 900099 67631 67631 1162059 300416 300416 3214 3214 1859721 20800 1680968 14800 178753 6000 184753 184753 3571563 1096975 0 553467 54000 54000 529820 529820 268336 268336 75000 46050 20393 8557 609464 374240 165686 69538 22053 689 15049 6315 85809 61984 16781 7044 52680 32347 14322 6011 617 617 125693 125693 71838 71838 250015 116013 134002 413803 402759 11044 311201 104166 206419 616 148796 148796 101242 101242 80597 65719 14878 693518 682498 11020 2658 2658 52809 52809 9223 9223 DONATED GOODS- AUCTION 212023 212023 TEAM BUILDING 22665 3457 19208 DUES & SUBSCRIPTIONS 11981 11981 BAD DEBT EXPENSE 10000 10000 4215841 2973324 1144436 98081 1002220 758825 430269 96905 223900 161251 10000 71000 2270132 1403266 861409 866866 10564913 8085606 13092711 10040453 221524 299304 63645 41235 285169 340539 X 545027 26365 7923527 5731425 4338988 3942124 12807542 9699914 13092711 10040453 X -644278 -1096961 -1366389 X X 0 1 X 1 0 X 1839571 2815029 9963470 3056882 1921121 19596073 1663167 1494000 2820772 1426237 1162059 8566235 3502738 4309029 12784242 4483119 3083180 28162308 368925 363741 407250 431750 232750 1804416 81413 324907 78428 484748 450338 363741 407250 756657 311178 2289164 25873144 230176 243062 185563 289357 303630 1251788 230176 243062 185563 289357 303630 1251788 3732914 4552091 12969805 4772476 3386810 29414096 0.87960 0.88190 0.04260 0.03650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3272751 150000 546864 2875887 3272751 3272751 3272751 3272751 3272751 3272751 3272751 3272751 0 0 344963 344963 1516331 1008166 508165 408838 395100 13738 866866 CREDIT CARD PAYABLE 11039 LOAN PAYABLE 30196 41235 X 2474602 -1096961 -1096961 3571563 0 3571563 4144003 0 4144003 71838 71838 4215841 PART V, LINE 4: THE VICTORIA J. MASTROBUONO BEQUEST: THE FUND WILL BE USED FOR SEVERAL FOUNDATION PROGRAMS INCLUDING THE VICTORIA J. MASTROBUONO FELLOWSHIP IN THE ARTS FOR STUDENTS PURSUING ACADEMICS IN ITALY; THE VICTORIA J. MASTROBUONO CHALLENGE GRANT FOR ADVANCED PLACEMENT (AP) OF ITALIAN FOR THE CONTINUED FUNDING OF THE COLLEGE BOARD'S AP ITALIAN PROGRAM; THE VICTORIA J. MASTROBUONO DISTINGUISHED SPEAKERS SERIES IN THE ARTS, LITERATURE AND MUSIC FEATURING LEADING EXPERTS IN THEIR RESPECTIVE FIELDS; THE VICTORIA J. MASTROBUONO DIGITAL ARCHIVE AT THE FOUNDATION, A PUBLIC, ONLINE INDEX OF THE FOUNDATION'S HISTORY AND THE VICTORIA J. MASTROBUONO ENGAGEMENT INITIATIVE, AN ONLINE EDUCATION, COMMUNICATION AND OUTREACH PROGRAM UTILIZING NEW MEDIA. CAMPITELLI ENDOWMENT: THE ANTHONY CAMPITELLI ENDOWED FUND, NAMED IN HONOR OF ANTHONY CAMPITELLI, WAS CREATED TO SUPPORT VARIOUS PROJECTS AND ESTABLISHMENTS IN THE PROVINCE OF CHIETI IN ABRUZZO ITALY AND IN THE TOWN OF CASTEL FRENTANO. ALL INTEREST EARNED FROM THE DONATION AND ANY INTEREST EARNED FROM FUNDS ADDED TO THE PRINCIPAL DONATION WILL BE USED FOR ANNUAL DONATIONS TO SUPPORT NURSING HOMES FOR THE ELDERLY, LOCAL SCHOOLS AND CHURCHES OR OTHER PROJECTS IN THE CHIETI PROVINCE. SERGIO FRANCHI FUND: THE SERGIO FRANCHI MUSIC FOUNDATION WAS WORKING WITH THE FOUNDATION TO CREATE AN ENDOWMENT FOR THE PURPOSE OF AWARDING SCHOLARSHIPS ANNUALLY, NAMED IN THE MEMORY OF THE LATE SERGIO FRANCHI. THE PRINCIPAL OF THE FUND WAS CLASSIFIED AS PERMANENTLY RESTRICTED NET ASSETS; THE INCOME AND GRANT EXPENSES CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS. DURING 2018, THE SERGIO FRANCHI MUSIC FOUNDATION TRANSFERRED ITS ASSETS TO ANOTHER FOUNDATION. THE NATIONAL ITALIAN AMERICAN FOUNDATION ENDOWMENT TRUST FUND (ENDOWMENT TRUST) IS AN IRREVOCABLE TRUST FUND CREATED FOR THE PURPOSE OF ENCOURAGING DONATIONS TO THE FOUNDATION AND TO ENSURE CONTINUED FINANCING OF THE OPERATING EXPENSES OF THE FOUNDATION. ONLY THE INCOME DERIVED FROM THE PRINCIPAL MAINTAINED WITHIN THE ENDOWMENT TRUST CAN BE USED TO FINANCE THE OPERATING EXPENSES OF THE FOUNDATION. THE ENDOWMENT TRUST WAS AMENDED IN JUNE 2018 TO ALLOW FOR THE BROAD USE OF BOTH PRINCIPAL AND INTEREST FOR OPERATING PURPOSES, CONSISTENT WITH ANY LAWFUL PURPOSE OF THE FOUNDATION AS A NON PROFIT ENTITY AND AT THE DISCRETION OF THREE TRUSTEES OF THE ENDOWMENT. VOYAGE OF DISCOVERY: THE VOYAGE OF DISCOVERY IS AN EDUCATIONAL AND CULTURAL EXCHANGE PROGRAM FOR YOUNG ITALIAN AMERICAN COLLEGE STUDENTS BETWEEN THE AGES OF 18 AND 23. THE PURPOSE OF THE VOYAGE OF DISCOVERY IS TO STRENGTHEN THE ITALIAN AMERICAN IDENTITY BY BONDING YOUNG ITALIAN-AMERICANS TO THE COUNTRY, CULTURE, AND HERITAGE OF ITALY; TO HELP THEM GAIN AN UNDERSTANDING OF THEIR HERITAGE AND A PRIDE IN PRESERVING THAT HERITAGE FOR THE NEXT GENERATION; AND TO UNDERSTAND THE HISTORICAL SIGNIFICANCE OF ITALY AND THE CURRENT CONTRIBUTION ITALY IS MAKING TO THE US AND THE WORLD. THE PROGRAM IS ALL-EXPENSES PAID TRIP COVERING ROUND-TRIP AIRFARE BETWEEN ITALY AND AMERICA AND 10 DAYS OF PROGRAMS. THE NIAF ERNEST PELLEGRI ENDOWED FUND: THE FUND WILL BE USED TO SUPPORT COLLEGE AND UNIVERSITY STUDENTS OF ITALIAN AMERICAN HERITAGE WHO ARE STUDYING THE LATIN LANGUAGE AND THE HISTORY OF THE ROMAN EMPIRE. PART X, LINE 2: MANAGEMENT HAS EVALUATED TAX POSITIONS THAT COULD HAVE SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2018 AND 2017, WHICH REQUIRE DISCLOSURE OR RECOGNITION. GENERALLY, THE FOUNDATION'S TAX RETURNS REMAIN OPEN FOR THREE YEARS FOR FEDERAL INCOME TAX EXAMINATION. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES PAID FROM INVESTMENTS 71,838. 1 EUROPE 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 268336 0 0 0 0 0 0 268336 0 268336 EUROPE TRANSLATION GRANT 5000 EUROPE TRANSLATION GRANT 7000 EUROPE TRANSLATION GRANT 20000 EUROPE GRANT TO RESTORE PARISH ORATORY 16229 EUROPE GRANT TO CONSTRUCT A STADIUM IN ITALY 123540 AWARDED FOR USE TOWARD EDUCATION EXPENSES SUCH AS TUITION, BOOKS, COMPUTERS, AND LODGING. EUROPE 10 96567 CHECKS FMV 0 0 0 0 0 0 PART I, LINE 2: THE NIAF GRANTS AWARDED INTERNATIONALLY ARE MONITORED IN THE SAME WAY AS THE DOMESTIC GRANTS. THE NIAF REQUIRES ALL GRANT APPLICANTS TO FILL OUT AN APPLICATION INCLUDING THE PROJECT DESCRIPTION, ITEMIZED BUDGET, PERSONNEL AND RELATED EXPERIENCE, AND THE GOALS OF THE PROJECT. THE GRANT RECIPIENTS MUST SUBMIT STATUS REPORTS TO RECEIVE THEIR FINAL GRANT PAYMENT. SELECTION CRITERIA ARE STATED ON THE APPLICATION AND ARE BASED ON THE PROJECT'S COMPATIBILITY WITH THE FOUNDATION'S MISSION. THE GIOP GRANTS, MANY OF WHICH ARE AWARDED INTERNATIONALLY, ARE MONITORED BY THE GIOP FOUNDATION. 1 COMMUNITY OUTREACH FOR NIAF AFFILIATE 7411 MODENA DRIVE BOYNTON BEACH FL 33437 591742639 501(C)3 5000 SPONSORSHIP FOR IL CIRCOLO GALA CHELSEA EDITIONS 33 UNION SQUARE WEST 5-6R NEW YORK NY 10003 237098683 49000 TRANSLATION GRANT AWARDED FOR USE TOWARD EDUCATION EXPENSES SUCH AS TUITION, BOOKS, COMPUTERS, AND DORMITORY. 125 529819 PART I, LINE 2: THE NIAF REQUIRES ALL GRANT APPLICANTS TO FILL OUT AN APPLICATION INCLUDING THE PROJECT DESCRIPTION, ITEMIZED BUDGET, PERSONNEL AND RELATED EXPERIENCE, AND THE GOALS OF THE PROJECT. THE GRANT RECIPIENTS MUST SUBMIT STATUS REPORTS TO RECEIVE THEIR FINAL GRANT PAYMENT. SELECTION CRITERIA ARE STATED ON THE APPLICATION AND ARE BASED ON THE PROJECT'S COMPATIBILITY WITH THE FOUNDATION'S MISSION. 1 X X X 0 0 0 0 0 0 0 0 0 GERALDINE JONES CHIEF OF STAFF 127636 0 0 0 10200 0 14600 0 8164 0 160600 0 0 0 X TRAVEL PACKAGES 5 76880 FMV X CLOTHING & ACCESSORIES 9 43825 FMV X GIFT CARDS & SERVICE PACKAGES 6 38688 FMV X FOOD 2 27000 FMV X WINE 3 25105 FMV X DINING PACKAGES 3 525 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE BOARD EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY, BUT THE COMMITTEE DOES NOT DOCUMENT ITS MEETINGS UNLESS ACTION ITEMS ARE DISCUSSED. THE DECISION NOT TO DOCUMENT THE MEETINGS WAS A DECISION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, A DRAFT OF THE TAX RETURN WAS REVIEWED BY THE CHAIR OF THE AUDIT COMMITTEE AND THEN CIRCULATED WITH THE BOARD'S EXECUTIVE COMMITTEE. THE NATIONAL ITALIAN AMERICAN FOUNDATION IS IN THE PROCESS OF ESTABLISHING A RIGOROUS REVIEW PROCESS OF THE RETURN PRIOR TO FILING. SUCH A PROCESS WILL INVOLVE SELECTED BOARD MEMBERS WITH FINANCIAL OVERSIGHT RESPONSIBILITIES OVER THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO READ AND SIGN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. IT IS THE BOARD MEMBER'S AND EMPLOYEE'S RESPONSIBILITY TO NOTIFY HIS/HER SUPERVISOR OF POTENTIAL CONFLICTS AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 15 NIAF'S PERSONNEL & COMPENSATION COMMITTEE AND THE EXECUTIVE COMMITTEE ARE RESPONSIBLE FOR DETERMINING THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 NIAF'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO EMPLOYEES AND THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: REDEMPTION OF NET ASSETS -1,366,389. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS' RESPONSIBILITY AS IT RELATED TO OVERSIGHT OF THE AUDIT IS CONSISTENT WITH THE PRIOR YEAR.