STRATEGY STUDIO / PUBLIC DATA EXPLORER

GLOBAL FOUNDATION FOR DEMOCRACY AND DEVELOPMENT INC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
GLOBAL FOUNDATION FOR DEMOCRACY AND DEVELOPMENT INC (EIN 46-0485203)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-11-10
IRS object ID
201623159349304362
Schema version
2015v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-11-10T17:05:02-06:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521511275PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RAFFA PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11899 L STREET NW SUITE 850AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN460485203EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GLOBAL FOUNDATION FOR DEMOCRACY &BusinessNameLine1Txt
Business Name Line2DEVELOPMENT INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGLOBBusinessNameControlTxt
Phone2022961840PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11629 K STREET NW NO 1100AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20006ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNATASHA DESPOTOVICPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2022961840PhoneNum
Signature2016-11-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFRANK H SMITHPreparerPersonNm
PTINP00639053PTIN
Phone2028225000PhoneNum
Preparation2016-11-10PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerNATASHA DESPOTOVICPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11629 K STREET NW NO 1100AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20006ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,790,247GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GLOBALFOUNDATIONDD.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionDEVELOPING COLLABORATION BETWEEN ORGANIZATIONS IN THE U.S. AND THE DOMINICAN REPUBLIC.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee18TotalEmployeeCnt
Total Volunteers5TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,086,965PYContributionsGrantsAmt
CY Contributions Grants$2,761,063CYContributionsGrantsAmt
PY Program Service Revenue$43,565PYProgramServiceRevenueAmt
CY Program Service Revenue$27,241CYProgramServiceRevenueAmt
PY Investment Income$1,001PYInvestmentIncomeAmt
CY Investment Income$758CYInvestmentIncomeAmt
PY Other Revenue$560PYOtherRevenueAmt
CY Other Revenue$1,185CYOtherRevenueAmt
PY Total Revenue$3,132,091PYTotalRevenueAmt
CY Total Revenue$2,790,247CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,281,379PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,231,264CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$7,516CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$204,621CYTotalFundraisingExpenseAmt
PY Other Expenses$1,944,607PYOtherExpensesAmt
CY Other Expenses$2,071,239CYOtherExpensesAmt
PY Total Expenses$3,225,986PYTotalExpensesAmt
CY Total Expenses$3,310,019CYTotalExpensesAmt
PY Revenues Less Expenses-$93,895PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$519,772CYRevenuesLessExpensesAmt
Total Assets BOY$1,546,824TotalAssetsBOYAmt
Total Assets EOY$924,570TotalAssetsEOYAmt
Total Liabilities BOY$389,984TotalLiabilitiesBOYAmt
Total Liabilities EOY$287,502TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,156,840NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$637,068NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF GLOBAL FOUNDATION FOR DEMOCRACY & DEVELOPMENT, INC. (GFDD) IS TO DEVELOP ALLIANCES WITH INTERNATIONAL PARTNERS TO FORMULATE AND IMPLEMENT INITIATIVES PROMOTING SUSTAINABLE SOCIO-ECONOMIC DEVELOPMENT AND THE STRENGTHENING OF DEMOCRACY IN THE DOMINICAN REPUBLIC AND LATIN AMERICA. GFDD DEVELOPS, BUILDS, AND REINFORCES COLLABORATION AND EXCHANGE AMONG INSTITUTIONS AND THE DOMINICAN GENERAL PUBLIC, THE DOMINICAN DIASPORA AND THE REST OF THE WESTERN HEMISPHERE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$839,951ExpenseAmt
DescTHE DOMINICAN REPUBLIC ENVIRONMENTAL FILM FESTIVAL (DREFF):THE FOUNDATION'S WORK IN THE DEVELOPMENT OF NATIONAL AND INTERNATIONAL NETWORKS, THE DISCUSSION OF PRESSING ISSUES, TRAINING PROGRAMS THAT HAVE BROUGHT NATIONAL EXPERTS TOGETHER WITH THE MOST PROMINENT INTERNATIONAL LEADERS IN THE FIELD, COMES TO FRUITION WITH THE CREATION OF AN ENVIRONMENTAL FILM FESTIVAL AS A NATURAL ADDITION TO ITS ENVIRONMENTAL PROGRAM. BY SCREENING A DIVERSE SELECTION OF HIGH QUALITY FILMS THAT DEAL WITH PRESSING ISSUES, AND BY ORGANIZING DISCUSSION PANELS WITH ENVIRONMENTAL EXPERTS, FILMMAKERS AND OTHER STAKEHOLDERS, THE FESTIVAL SEEKS TO PROMOTE DIALOGUE AND INSPIRE DOMINICAN VIEWERS TO ADOPT PRACTICES THAT WILL ENSURE THE COUNTRY'S ENVIRONMENTAL SUSTAINABILITY AND HEALTH. GLOBO VERDE:THE DOMINICAN REPUBLIC ENVIRONMENTAL FILM FESTIVAL (DREFF), THROUGH ITS AWARD, GLOBO VERDE DOMINICANO, PRESENTS THE SHORT FILM AND PUBLIC SERVICE ANNOUNCEMENT COMPETITION. DREFF SEEKS TO ENCOURAGE THE PRODUCTION AND DISTRIBUTION OF FILMS ABOUT THE ENVIRONMENT AND SUSTAINABLE DEVELOPMENT.ECO HUERTOS:THE INITIATIVE FOR THE DEVELOPMENT OF SCHOOL VEGETABLE GARDENS IN EDUCATION CENTERS IN SANTO DOMINGO AROSE FROM THE INTEREST SPARKED AMONG STUDENTS PARTICIPATING IN TALKS, PANELS AND WORKSHOPS CONDUCTED DURING THE DOMINICAN REPUBLIC ENVIRONMENTAL FILM FESTIVAL.RECREARTE:THE IMPETUS BEHIND THE RECREARTE PROGRAM AROSE FROM THE INTEREST SPARKED AMONG STUDENTS WHO PARTICIPATED IN THE RECYCLED ART WORKSHOP CONDUCTED II DREFF IN 2012. THE RECREARTE PROGRAM AIMS TO RAISE AWARENESS OF THE 3RS OF SOLID WASTE MANAGEMENT: REDUCE, REUSE, AND RECYCLE.RDESCUBRE:IS AN INITIATIVE WHICH AIMS TO PROVIDE UNDERSERVED STUDENTS AND COMMUNITIES WITH THE OPPORTUNITY TO TAKE PART IN EDUCATIONAL EXPEDITIONS ALL OVER THE DOMINICAN REPUBLIC AS A WAY OF SEEING AND APPRECIATING THE COUNTRY'S BEAUTIFUL LANDSCAPES AND THE WEALTH OF ITS NATURAL RESOURCES.DOMINICAN FILM SHOWCASE:THE SHOWCASE CONTRIBUTES TO THE DISSEMINATION OF THE BEST CONTEMPORARY FILMS PRODUCED IN THE DOMINICAN REPUBLIC BY DOMINICAN FILMMAKERS, ABOUT DOMINICAN TOPICS. IN ITS MISSION TO PROMOTE THE KNOWLEDGE AND APPRECIATION OF DOMINICAN CULTURE AS WELL AS TO INSPIRE DOMINICAN FILMMAKERS TO REACH OUT INTERNATIONALLY. GFDD PARTNERS WITH INSTITUTIONS WORLDWIDE AND CREATES OPPORTUNITIES FOR WIDE AUDIENCES TO ENJOY ART, LEARN ABOUT DOMINICAN CULTURE, AND ENGAGE IN CONVERSATIONS WITH FILMMAKERS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$272,766ExpenseAmt
DescPUBLICATIONSALL THINGS DOMINICAN:THIS BOOK IS A UNIQUE BILINGUAL (SPANISH AND ENGLISH) PUBLICATION THAT OFFERS A QUICK AND FRESH TAKE ON THE MAIN FEATURES OF DOMINICAN'S, AND THE COUNTRY'S CULTURAL AND NATURAL ENDOWMENTS, ALL FROM A MODERN AND INNOVATIVE PERSPECTIVE THAT'S EASY TO UNDERSTAND, WITH AN EMPHASIS ON INTRIGUING AND LITTLE-KNOWN DETAILS.NEW PERSPECTIVES:COMPRISED OF 400 AERIAL IMAGES TAKEN FROM A HELICOPTER, THE BOOK IS DIVIDED IN 9 CHAPTERS THAT CONTAIN TEXT PERTAINING TO VARIOUS ASPECTS OF THE COUNTRY'S HISTORY, CULTURE, ENVIRONMENT, AND CONTEMPORARY LIFE. IT HAS BECOME A POINT OF REFERENCE FOR THE NATIONAL POPULATION, VISITORS, STUDENTS, ART AND PHOTOGRAPHY AFICIONADOS, THE NUMEROUS DOMINICANS THAT RESIDE OUTSIDE THE COUNTRY AND ALL THOSE INTERESTED IN A BETTER UNDERSTANDING OF THE DOMINICAN REPUBLIC.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$268,723ExpenseAmt
DescMULTIMEDIAGLOBAL ROUNDTABLES:IN CLOSE ASSOCIATION WITH THE UNITED NATIONS, GFDD ORGANIZES REGULAR INTERVIEWS WITH AMBASSADORS, THINK TANKS, EXPERTS AND MULTILATERAL INSTITUTIONS REPRESENTATIVES IN AN EFFORT TO SPREAD THE NEWS AND UNDERSTANDING OF GLOBAL ISSUES AND WORK OF DIFFERENT INTERNATIONAL BODIES.INTERDOM:SINCE ITS ESTABLISHMENT IN 2005, INTERDOM INTERNSHIPS IN THE DOMINICAN REPUBLIC, HAS BECOME THE LEADING INTERNSHIP AND ACADEMIC STUDY PROGRAM IN THE DOMINICAN REPUBLIC. IT PROMOTES PROFESSIONAL, ACADEMIC AND CULTURAL EXCHANGE BETWEEN STUDENTS, UNIVERSITIES, SCHOLARS, PROFESSIONALS BUSINESS AND NON-GOVERNMENTAL ORGANIZATIONS ON A NATIONAL AND INTERNATIONAL SCALE. INTERDOM WORKS WITH MANY UNIVERSITIES, AND AFFILIATED NATIONAL, INTERNATIONAL, PUBLIC, AND PRIVATE INSTITUTIONS.GLOBAL DOMINICAN ACADEMIC EXCHANGE PROGRAM (GDAE):INTRODUCES DOMINICAN STUDENTS TO THE AMERICAN STYLE OF LIBERAL ARTS EDUCATION AND ENCOURAGES DIALOGUE BETWEEN DOMINICAN STUDENTS AND THEIR DOMINICAN-AMERICAN COUNTERPARTS ATTENDING THESE INSTITUTIONS. THE PROGRAM PROMOTES PARTNERSHIP AND ENTREPRENEURSHIP INITIATIVES WHICH FOSTER INNOVATION AND STIMULATE DOMINICAN ECONOMIC DEVELOPMENT AND INTERNATIONAL UNDERSTANDING.PORTAL DOMINICANA ONLINE:IS THE FIRST COMPREHENSIVE, DETAILED AND INTERACTIVE PORTAL IN BOTH SPANISH AND ENGLISH ABOUT THE DOMINICAN REPUBLIC THAT PRESENTS THE COUNTRY IN ALL ITS FACETS TO A NATIONAL AND INTERNATIONAL AUDIENCE. IT OFFERS UPDATED INFORMATION ON NATIONAL LIFE AND AT THE SAME TIME COMPLIES, IN AN OBJECTIVE AND RELIABLE MANNER, EXISTING KNOWLEDGE ON THE HISTORY, GEOGRAPHY, EDUCATION, CULTURE, ENVIRONMENT, TOURISM AND SOCIETY OF THE DOMINICAN REPUBLIC. THE PORTAL PROVIDES ACCESS TO PUBLIC SERVICES AND PRACTICAL INFORMATION FOR THE TOURIST, INVESTOR, AND BUSINESS PROFESSIONAL. USERS ARE EXPOSED TO A WIDE ARRAY OF MATERIALS, FROM WRITTEN TEXTS, AUDIOS, VIDEOS, PHOTO GALLERIES AND DIRECTORIES, TO INTERACTIVE MAPS, ELECTRONIC POSTCARDS, DOWNLOADABLE, CONTENTS, BLOGS, AND A VIRTUAL LIBRARY.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$1,467,049ExpenseAmt
Revenue$27,241RevenueAmt
DescOTHER PROGRAMSDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,467,049TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$27,241TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$2,848,489TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document37IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee18EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing Body0MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn0AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SEMIRAMIS DE MIRANDABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2022961840PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11629 K STREET NW NO 1100AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20006ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DR LEONEL FERNANDEZ
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
ALEXANDER ANDUJAR
DIRECTOR1.00Yes (X)$0$0$0
DALCIO ANDUJAR JR
DIRECTOR1.00Yes (X)$0$0$0
RODOLFO FUERTES
DIRECTOR1.00Yes (X)$0$0$0
YAMILE EUSEBIO PAULINO
DIRECTOR/DIR. OF NEW YORK OFFICE40.00Yes (X)$79,023$0$19,548
HECTOR DIONISIO PEREZ
DIRECTOR1.00Yes (X)$0$0$0
NATASHA DESPOTOVIC
EXECUTIVE DIRECTOR/TREASURER & SEC.40.00Yes (X)Yes (X)$187,848$0$19,663
SEMIRAMIS DE MIRANDA
DIRECTOR/PROJECTS & ICT DIRECTOR40.00Yes (X)Yes (X)$125,079$0$8,220
FieldValueIRS element (for citing)
Total Reportable Comp From Org$391,950TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$47,431TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$7,500GovernmentGrantsAmt
All Other Contributions$2,753,563AllOtherContributionsAmt
Total Contributions$2,761,063TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION REVENUE900099$26,338$26,338
BOOK SALES REVENUE900099$903$903
FieldValueIRS element (for citing)
Total Program Service Revenue$27,241TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$758TotalRevenueColumnAmt
Exclusion$758ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescREIMB. & REWARDSDesc
Business900099BusinessCd
Total Revenue Column$1,185TotalRevenueColumnAmt
Exclusion$1,185ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,185OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,790,247TotalRevenueColumnAmt
Related Or Exempt Func Income$27,241RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,943ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$439,381TotalAmt
Program Services$347,111ProgramServicesAmt
Management And General$79,089ManagementAndGeneralAmt
Fundraising$13,181FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$651,107TotalAmt
Program Services$556,097ProgramServicesAmt
Management And General$74,017ManagementAndGeneralAmt
Fundraising$20,993FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$62,751TotalAmt
Program Services$54,101ProgramServicesAmt
Management And General$6,635ManagementAndGeneralAmt
Fundraising$2,015FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$78,025TotalAmt
Program Services$64,761ProgramServicesAmt
Management And General$10,814ManagementAndGeneralAmt
Fundraising$2,450FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$17,562TotalAmt
Program Services$10,437ProgramServicesAmt
Management And General$1,325ManagementAndGeneralAmt
Fundraising$5,800FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$71,244TotalAmt
Program Services$59,133ProgramServicesAmt
Management And General$9,874ManagementAndGeneralAmt
Fundraising$2,237FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$7,516TotalAmt
Fundraising$7,516FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$292,101TotalAmt
Program Services$289,230ProgramServicesAmt
Management And General$2,871ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$41,727TotalAmt
Program Services$29,453ProgramServicesAmt
Fundraising$12,274FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$460,576TotalAmt
Program Services$444,738ProgramServicesAmt
Management And General$9,307ManagementAndGeneralAmt
Fundraising$6,531FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$127,754TotalAmt
Program Services$125,492ProgramServicesAmt
Management And General$2,262ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$352,049TotalAmt
Program Services$292,326ProgramServicesAmt
Management And General$48,815ManagementAndGeneralAmt
Fundraising$10,908FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$510,486TotalAmt
Program Services$450,209ProgramServicesAmt
Management And General$2,874ManagementAndGeneralAmt
Fundraising$57,403FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$96,962TotalAmt
Program Services$36,330ProgramServicesAmt
Management And General$277ManagementAndGeneralAmt
Fundraising$60,355FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$34,395TotalAmt
Program Services$28,548ProgramServicesAmt
Management And General$4,767ManagementAndGeneralAmt
Fundraising$1,080FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$11,008TotalAmt
Program Services$9,331ProgramServicesAmt
Management And General$1,367ManagementAndGeneralAmt
Fundraising$310FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
TEMPORARY STAFF$30,998$29,176$1,435$387
SUBSCRIPTIONS$8,053$7,879$142$32
GIFTS$7,930$6,500$421$1,009
TAXES AND REGISTRATION$3,350$2,781$464$105

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,044TotalAmt
Program Services$4,856ProgramServicesAmt
Management And General$153ManagementAndGeneralAmt
Fundraising$35FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,310,019TotalAmt
Program Services$2,848,489ProgramServicesAmt
Management And General$256,909ManagementAndGeneralAmt
Fundraising$204,621FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$416,963BOYAmt
EOY$107,360EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,794BOYAmt
EOY$486,298EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$60,000BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$27,885BOYAmt
EOY$30,462EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$429,809LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$294,201LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$161,670BOYAmt
EOY$135,608EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$712,746BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$164,766BOYAmt
EOY$164,842EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,546,824BOYAmt
EOY$924,570EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$263,924BOYAmt
EOY$77,058EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$8,010EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$126,060BOYAmt
EOY$202,434EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$389,984BOYAmt
EOY$287,502EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,096,840BOYAmt
EOY$637,068EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$60,000BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,156,840BOYAmt
EOY$637,068EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,546,824BOYAmt
EOY$924,570EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$519,772ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,862,243CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,424,321CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,335,405CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,086,965CurrentTaxYearMinus1YearAmt
Current Tax Year$2,761,063CurrentTaxYearAmt
Total$12,469,997TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,862,243CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,424,321CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,335,405CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,086,965CurrentTaxYearMinus1YearAmt
Current Tax Year$2,761,063CurrentTaxYearAmt
Total$12,469,997TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$7,625,670SubstantialContributorsTotAmt
Public Support Total170$4,844,327PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,648CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,441CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,939CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,001CurrentTaxYearMinus1YearAmt
Current Tax Year$758CurrentTaxYearAmt
Total$30,787TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$806CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$597CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$560CurrentTaxYearMinus1YearAmt
Total$1,963TotalAmt
FieldValueIRS element (for citing)
Total Support$12,502,747TotalSupportAmt
Gross Receipts Rltd Activities$254,539GrossReceiptsRltdActivitiesAmt
Public Support CY1700.38750PublicSupportCY170Pct
Public Support PY1700.34850PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationMISCELLANEOUS INCOME - 2011 AMOUNT: $ 806. 2012 AMOUNT: $ 0. 2013 AMOUNT: $ 597. 2014 AMOUNT: $ 560. 2015 AMOUNT: $ 0.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$132,071OtherCostOrOtherBasisAmt
Depreciation$55,717DepreciationAmt
Book Value$76,354BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$151,113OtherCostOrOtherBasisAmt
Depreciation$133,180DepreciationAmt
Book Value$17,933BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$146,625OtherCostOrOtherBasisAmt
Depreciation$105,304DepreciationAmt
Book Value$41,321BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$135,608TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
DEPOSITS$164,766
OTHER RECEIVABLES$76
FieldValueIRS element (for citing)
Total Book Value Other Assets$164,842TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DEFERRED RENT LIABILITY$157,803
DEFERRED TENANT LHI ALLOWANCE$44,631
FieldValueIRS element (for citing)
Total Liability$202,434TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,790,247TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$2,790,247RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,790,247TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,310,019TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,310,019ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,310,019TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS.ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,00PROGRAM SERVICESFILM FESTIVALS$88,021
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,00PROGRAM SERVICESINTERNSHIP PROGRAM$3,200
EUROPE (INCLUDING ICELAND & GREENLAND)00PROGRAM SERVICESFILM FESTIVALS$16,968
NORTH AMERICA00PROGRAM SERVICESFILM FESTIVALS$715
CENTRAL AMERICA AND THE CARIBBEAN00FUNDRAISING$162,500
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continutation Total Office0ContinutationTotalOfficeCnt
Continutation Total Employee0ContinutationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$271,404SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$271,404TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3:FormAndLineReferenceDesc
ExplanationIN ACCORDANCE WITH IRS INSTRUCTIONS, ALL AMOUNTS REPORTED ON PART I OF SCHEDULE F ARE REPORTED USING THE ACCRUAL BASIS OF ACCOUNTING, THE SAME METHOD OF ACCOUNTING USED IN THE FINANCIAL STATEMENTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantYes (X)IndependentConsultantInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonNATASHA DESPOTOVICPersonNm
TitleEXECUTIVE DIRECTOR/TREASURER & SEC.TitleTxt
Base Compensation Filing Org$187,848BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$19,663NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$207,511TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2DALCIO ANDUJAR, JR. AND ALEXANDER ANDUJAR ARE FATHER AND SON AND BOTH SIT ON THE BOARD OF DIRECTORS FOR GFDD.
FORM 990, PART VI, SECTION A, LINE 4THE BYLAWS WERE AMENDED ON MAY 13, 2015 DUE TO CHANGES IN THE COMPOSITION OF THE GOVERNING BODY AND DUTIES OF THE MEMBERS OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION A, LINE 8ADUE TO THE DIFFICULTY OF THE BOARD OF DIRECTORS TO MEET REGULARLY, GFDD IS IN THE PROCESS OF CREATING AN OPERATIONAL BOARD OF DIRECTORS WORKING IN WASHINGTON, DC AND MAINTAINING THE PRESENT BOARD OF DIRECTORS AS AN ADVISORY BOARD. GFDD IS ALSO DEVELOPING A PROCESS OF DOCUMENTING THE MINUTES OF THE BOARD MEETINGS ONCE THE DC BOARD IS ESTABLISHED.
FORM 990, PART VI, SECTION A, LINE 8BDUE TO THE DIFFICULTY OF THE BOARD OF DIRECTORS TO MEET REGULARLY, GFDD IS IN THE PROCESS OF CREATING AN OPERATIONAL BOARD OF DIRECTORS WORKING IN WASHINGTON, DC AND MAINTAINING THE PRESENT BOARD OF DIRECTORS AS AN ADVISORY BOARD. GFDD IS ALSO DEVELOPING A PROCESS OF DOCUMENTING THE MINUTES OF THE BOARD MEETINGS ONCE THE DC BOARD IS ESTABLISHED.
FORM 990, PART VI, SECTION B, LINE 11GFDD HIRES RAFFA, P.C., AN ACCOUNTING FIRM, TO PREPARE THE FEDERAL FORM 990. THE DRAFT VERSION OF THE FEDERAL FORM 990 IS FIRST REVIEWED BY THE PROJECTS AND ICT DIRECTOR AND THEN BY THE EXECUTIVE DIRECTOR. ONCE APPROVED, THE FEDERAL FORM 990 IS THEN FILED WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CGFDD IS VERY AWARE OF THE POSSIBLE IMPLICATION OF HIRING AN EMPLOYEE OR CONTRACTOR WITH REGARDS TO AVOIDING POTENTIAL CONFLICTS OF INTEREST. IF A CONFLICT OF INTEREST APPEARS TO EXIST, THE ISSUE IS DISCUSSED WITH SENIOR MANAGEMENT AND EVALUATED ACCORDINGLY.
FORM 990, PART VI, SECTION B, LINE 15GFDD HIRES RAFFA, P.C., TO RESEARCH PUBLISHED SALARY SURVEYS ANNUALLY AND TO IDENTIFY APPROPRIATE BENCHMARK POSITIONS IN ORDER TO FIND A REASONABLE COMPENSATION FOR ITS OFFICERS AND KEY EMPLOYEES. ONCE THE COMPENSATION AMOUNTS ARE DETERMINED THE BOARD OF DIRECTORS APPROVES AND DOCUMENTS THE DECISIONS.
FORM 990, PART VI, SECTION C, LINE 19GFDD'S LAWYERS, SQUIRE, SANDERS AND DEMPSEY, L.L.P., DRAFTED GFDD'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY. THESE DOCUMENTS IN ADDITION TO THE FINANCIAL STATEMENTS AND FEDERAL FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST.