2019-11-14T12:48:00-06:00 2018-12-31 113266576 GRASSI & CO CPA'S PC 488 MADISON AVENUE 21ST FLOOR NEW YORK NY 10022 990 2018-01-01 562525151 WORLD CONNECT INC WORL 6464081257 632 BROADWAY 12TH FLOOR NEW YORK NY 10012 PAMELA NATHENSON MPH EXECUTIVE DIRECTOR 6464081257 2019-11-12 1 DEREK FLANAGAN P01303468 2126616166 63.247.184.146 2019-11-12 10:45:40 ES P EDCA154CF0EDA015F7BA36078B985665AF52E79F 881CFD1C8DC14BFDA8EC698C51D4C27BBDB01F64 2018 2020-03-31 21:24:44Z X PAMELA NATHENSON MPH 632 BROADWAY 12TH FLOOR NEW YORK NY 10012 1955701 0 X WWW.WORLDCONNECT-US.ORG X 2005 NY WORLD CONNECT INVESTS EARLY-STAGE FUNDING IN GRASSROOTS, LOCALLY DESIGNED AND LED PROJECTS THAT DRIVE TRANSFORMATIVE, SELF-SUSTAINING DEVELOPMENT IN THE MOST UNDER-RESOURCED AREAS OF THE WORLD. 17 17 9 19 0 0 1370580 1908475 0 0 0 0 -7878 -59083 1362702 1849392 415654 606361 0 0 480628 593995 0 21541 229469 275944 323705 1172226 1545602 190476 303790 565897 1045371 242498 418182 323399 627189 X WORLD CONNECT INVESTS EARLY-STAGE FUNDING IN GRASSROOTS, LOCALLY DESIGNED AND LED PROJECTS THAT DRIVE TRANSFORMATIVE, SELF-SUSTAINING DEVELOPMENT IN THE MOST UNDER-RESOURCED AREAS OF THE WORLD. 1 0 1071193 606361 WORLD CONNECT AWARDED $606,361 IN GRANTS IN 2018 FOR 148 PROJECTS THAT PROMOTE HEALTH, PROTECT THE ENVIRONMENT, AND INCREASE EDUCATION AND ECONOMIC OPPORTUNITY WITH A FOCUS ON WOMEN AND CHILDREN. OF THOSE GRANTS 30 PROJECTS TOTALING $118,385 WERE AWARDED THROUGH THE USAID GRANT FOR MALAWI-BASED PROJECTS. WORLD CONNECT WORKS WITH STRATEGIC PARTNERS IN THE FIELD WHO ARE WELL POSITIONED TO SUPPORT GENUINE GRASSROOTS LEADERSHIP AND PROJECT DEVELOPMENT. WORLD CONNECT PROJECTS MUST BE LOCALLY LED AND DEMONSTRATE THE PROMISE OF PROMOTING FURTHER COMMUNITY LED DEVELOPMENT. 1071193 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 1 1 1 0 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 7 0 1 9 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 17 17 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 0 CA LA MA NY X X X X PAMELA NATHENSON 6464081257 632 BROADWAY 12TH FLOOR NEW YORK NY 10012 GEORGE BIDDLE CHAIRMAN 4.00 X X 0 0 0 JAMES HUNT TREASURER 2.00 X X 0 0 0 COURTENAY CABOT VENTON SECRETARY 2.00 X X 0 0 0 CLARA BINGHAM DIRECTOR 2.00 X 0 0 0 STEPHANIE CABOT DIRECTOR 2.00 X 0 0 0 ROBERT HECHT DIRECTOR 0.25 X 0 0 0 AVINASH KAZA DIRECTOR 2.00 X 0 0 0 JJ RAMBERG DIRECTOR 2.00 X 0 0 0 CAROLYN MAKINSON DIRECTOR 2.00 X 0 0 0 JOHN ADAMS DIRECTOR 0.25 X 0 0 0 DIANE LIFTON DIRECTOR 2.00 X 0 0 0 SEAN REILLY DIRECTOR 2.00 X 0 0 0 GLEN DAVIS DIRECTOR 2.00 X 0 0 0 CHRISTOPH BECKER DIRECTOR 2.00 X 0 0 0 JACK SULLIVAN DIRECTOR 2.00 X 0 0 0 AYANNA WAYNER DIRECTOR 2.00 X 0 0 0 JULIA HANEY DIRECTOR 2.00 X 0 0 0 PAMELA NATHENSON EXECUTIVE DIRECTOR 40.00 X 165269 0 8263 JESSICA ARRIGHI DIRECTOR OF OPERATIONS AND ADMINISTRATION 40.00 X 106896 0 4276 272165 0 12539 2 0 1 0 0 313268 270518 1324689 334299 1908475 47200 313268 106309 -59109 -59109 MISCELLANEOUS INCOOME 900099 26 26 26 1849392 0 0 -59083 606361 606361 173532 102384 46854 24294 374941 220689 99810 54442 4322 285 3684 353 3492 1459 1608 425 37708 21658 10866 5184 12052 12052 21541 21541 95589 24856 1608 69125 781 731 50 8673 1945 6489 239 30266 8701 21170 395 10613 9029 1584 82271 66445 10938 4888 6834 6834 9098 9098 MISCELLANEOUS 33940 6979 14634 12327 OTHER EVENTS COST 14806 14806 PRINTING 9242 52 1714 7476 BAD DEBT EXPENSE 7090 7090 2450 350 2100 1545602 1071193 244940 229469 133908 323610 263354 498023 17682 19583 2121 2121 0 0 150953 204155 565897 1045371 31473 19965 161025 239539 108678 50000 50000 242498 418182 X 80398 287566 243001 339623 323399 627189 565897 1045371 303790 0 X X 0 1 X 1 0 X 703199 816785 974949 931073 1908475 5334481 703199 816785 974949 931073 1908475 5334481 1917125 3417356 70 70 398 12506 9227 26 22157 5356708 0.63800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2121 2121 0 0 LOGO 68355 WEBSITE 135800 204155 X 1923715 74323 74323 1849392 0 1849392 1619925 74323 74323 1545602 0 1545602 PART X, LINE 2: THE ORGANIZATION'S APPLIES THE PROVISIONS PERTAINING FOR UNCERTAIN TAX PROVISIONS (FASB ASC TOPIC 740) AND, HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CORRECTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES - GRANTS GRANTS TO RECIPIENTS 35654 SUB-SAHARAN AFRICA 1 0 PROGRAM SERVICES - GRANTS GRANTS TO RECEIPIENTS 481468 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES - GRANTS GRANTS TO RECIPIENTS 33053 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES - GRANTS GRANTS TO RECIPIENTS 10111 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES - GRANTS GRANTS TO RECIPIENTS 7758 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES - GRANTS GRANTS TO RECIPIENTS 17497 SOUTH AMERICA 0 0 PROGRAM SERVICES - GRANTS GRANTS TO RECIPIENTS 20820 1 0 0 0 1 0 606361 0 606361 CENTRAL AMERICA AND THE CARIBBEAN PROMOTE HEALTH AND ECONOMIC OPPORTUNITY 6718 WIRE TRANSFER CENTRAL AMERICA AND THE CARIBBEAN PROMOTE HEALTH AND ECONOMIC OPPORTUNITY 6396 WIRE TRANSFER EAST ASIA AND THE PACIFIC PROMOTE HEALTH AND ECONOMIC OPPORTUNITY 14996 WIRE TRANSFER EAST ASIA AND THE PACIFIC PROMOTE HEALTH AND ECONOMIC OPPORTUNITY 12510 WIRE TRANSFER SUB-SAHARAN AFRICA PROMOTE HEALTH AND ECONOMIC OPPORTUNITY 54434 WIRE TRANSFER SUB-SAHARAN AFRICA PROMOTE HEALTH AND ECONOMIC OPPORTUNITY 9050 WIRE TRANSFER SUB-SAHARAN AFRICA PROMOTE HEALTH AND ECONOMIC OPPORTUNITY 16182 WIRE TRANSFER SUB-SAHARAN AFRICA PROMOTE HEALTH AND ECONOMIC OPPORTUNITY 17397 WIRE TRANSFER SUB-SAHARAN AFRICA PROMOTE HEALTH AND ECONOMIC OPPORTUNITY 7940 WIRE TRANSFER SUB-SAHARAN AFRICA PROMOTE HEALTH AND ECONOMIC OPPORTUNITY 29822 WIRE TRANSFER SUB-SAHARAN AFRICA PROMOTE HEALTH AND ECONOMIC OPPORTUNITY 13204 WIRE TRANSFER SUB-SAHARAN AFRICA PROMOTE HEALTH AND ECONOMIC OPPORTUNITY 110192 WIRE TRANSFER SUB-SAHARAN AFRICA PROMOTE HEALTH AND ECONOMIC OPPORTUNITY 5444 WIRE TRANSFER SUB-SAHARAN AFRICA PROMOTE HEALTH AND ECONOMIC OPPORTUNITY 8000 WIRE TRANSFER 14 0 0 0 0 0 0 PART I, LINE 1: CANDIDATES WILL SUBMIT AN APPLICATION THAT INCLUDES A DESCRIPTION OF THE PROJECT AND A BUDGET TO SUBSTANTIATE THE REQUESTED AMOUNT, WHICH IS REVIEWED AND CONSIDERED BY THE ORGANIZATION. PART I, LINE 2: WORLD CONNECT WORKS WITH GRANTEES TO ESTABLISH MEASURABLE INDICATORS FOR SUCCESS. WORLD CONNECT REQUESTS PERIODIC NARRATIVE AND FINANCIAL REPORTS FROM THE GRANT RECIPIENTS. ANY MAJOR BUDGET OR PROGRAM CHANGES MUST BE APPROVED BY WORLD CONNECT. WORLD CONNECT MAKES SITE VISITS AND CHECKS IN WITH PROJECT LEADERS TO OFFER SUPPORT, MONITOR SPENDING, AND EVALUATE THE GRANT PROJECT. WORLD CONNECT VETS PROJECT LEADERS THROUGH THE OFFICE OF FOREIGN ASSETS CONTROL (OFAC) SPECIALTY DESIGNATED (SDN) LIST. PART I, LINE 3: WORLD CONNECT FOLLOWS THE ACCRUAL BASIS OF ACCOUNTING. X X X X X X 1 CLARK LAWRENCE CONSULTING INC 343 EAST 30TH STREET APT 1 NEW YORK NY 10016 FUNDRAISING CONSULTANT 0 0 88716 -88716 88716 -88716 NY CA MA ANNUAL BENEFIT 294565 247365 47200 50018 2175 52972 UK EVENT 65903 65903 1144 360468 313268 47200 50018 2175 54116 106309 -59109 X 0 0 0 0 0 0 0 0 0 PAMELA NATHENSON EXECUTIVE DIRECTOR 165269 0 0 0 0 0 8263 0 0 0 173532 0 0 0 GEORGE BIDDLE DIRECTOR CASH FLOW X 50000 50000 0 1 1 50000 X 7 274264 FMV X WEBSITE 1 60035 FMV 0 0 1 PART I, LINE 32B: WORLD CONNECT HAS A MORGAN STANLEY BROKERAGE ACCOUNT USED TO RECEIVE, PROCESS, AND SELL NON-CASH CONTRIBUTIONS. FORM 990, PART III, LINE 2 IN 2018, WORLD CONNECT, INC. WAS AWARDED A THREE-YEAR GRANT IN THE AMOUNT OF $1,433,576 FROM USAID TO INVEST IN LOCALLY-LED DEVELOPMENT IN MALAWI. FORM 990, PART VI, SECTION A, LINE 2 STEPHANIE CABOT AND COURTENAY CABOT VENTON HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEW AND APPROVE THE 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE PURPOSE OF THHE POLICY IS TO AVOID POTENTIAL CONFLICTS ARISING BETWEEN PRIVATE INTERESTS OF BOARD MEMBERS AND KEY STAFF AND HIS/HER RESPONSIBILITIES TO THE ORGANIZATION. ON AN ANNUAL BASIS EACH BOARD MEMBER AND KEY STAFF REVIEWS THE POLICY AND SIGNS A CONFLICT DISCLOSURE FORM. IF ANY ARE DISCLOSED THAT BOARD MEMBER WILL MEET AND REVIEW TO DETERMINE APPROPRIATE ACTION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE EXECUTIVE DIRECTOR WAS DETERMINED BY THE BOARD OF DIRECTORS, WHO REVIEWED COMPENSATION OF COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 18 990 IS AVAILABLE ON GUIDESTAR.ORG FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS OR FINANCIALS ARE MADE AVAILABLE UPON REQUEST. THE 990 IS ALSO AVAILABLE AT GUIDESTAR.ORG. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.