2013-07-31T16:49:02-05:00 2012-12-31 PRICEWATERHOUSECOOPERS LLP 1301 K STREET NW SUITE 800W WASHINGTON DC 200053333 990 2012-01-01 582366765 BETTER WORLD FUND INC % BWF BETT 2028879040 1800 MASSACHUSETTS AVENUE NW Suite STE 400 WASHINGTON DC 20036 RICHARD S PARNELL 2028879040 2013-07-30 true 2024141000 2012 2016-02-24 21:20:13Z KATHRYN CALVIN WALTERS 1800 MASSACHUSETTS AVENUE NW WASHINGTON DC 20036 8867315 false X WWW.BETTERWORLDFUND.ORG X 1998 GA SEE SCHEDULE O 14 13 34 14 0 19756260 7963495 0 125000 9115 9291 861009 480879 20626384 8578665 2354498 3780228 0 0 5095050 4330626 33052 0 1114271 7429211 5386468 14911811 13497322 5714573 -4918657 29681018 25566012 2889666 3693317 26791352 21872695 X THE BETTER WORLD FUND WAS CREATED IN 1998 TO BUILD AND IMPLEMENT PUBLIC-PRIVATE PARTNERSHIPS TO ADDRESS THE WORLD'S MOST PRESSING PROBLEMS, AND WORKS TO BROADEN SUPPORT FOR THE UNITED NATIONS (UN) THROUGH ADVOCACY AND PUBLIC OUTREACH. THE BETTER WORLD FUND COORDINATES SEVERAL DOMESTIC ADVOCACY AND PARTNERSHIP EFFORTS. THROUGH OUR CAMPAIGNS AND PARTNERSHIPS, WE SEEK TO MAKE IT EASY FOR CORPORATIONS, NONGOVERNMENTAL ORGANIZATIONS AND INDIVIDUALS TO ENGAGE IN THE WORK OF THE UN. THE BETTER WORLD CAMPAIGN, AN INITIATIVE OF THE BETTER WORLD FUND, WORKS TO STRENGTHEN THE RELATIONSHIP BETWEEN THE UNITED STATES OF AMERICA AND THE UN THROUGH OUTREACH, COMMUNICATIONS, AND ADVOCACY. WE ENCOURAGE U.S. LEADERSHIP TO ENHANCE THE UN'S ABILITY TO CARRY OUT ITS INVALUABLE INTERNATIONAL WORK ON BEHALF OF PEACE, PROGRESS, FREEDOM, AND JUSTICE. IN THESE EFFORTS, WE ENGAGE POLICY MAKERS, THE MEDIA, AND THE AMERICAN PUBLIC TO INCREASE AWARENESS OF AND SUPPORT FOR THE UN. false false 3394113 25000 0 ADVOCACY: THE BETTER WORLD FUND HAS WORKED TO EDUCATE THE PUBLIC ABOUT THE ROLE AND VALUE OF THE UNITED NATIONS (UN) IN AN INTERDEPENDENT WORLD. IN THESE EFFORTS, WE ENDEAVOR TO ENCOURAGE A COOPERATIVE RELATIONSHIP BETWEEN THE UN AND U.S. GOVERNMENT. THESE EFFORTS PROMOTE PAYMENT OF U.S. DUES TO THE UN ON TIME, IN FULL AND WITHOUT CONDITIONS. 3605889 3000000 0 PEACE, SECURITY & HUMAN RIGHTS: THE BETTER WORLD FUND'S PEACE, SECURITY AND HUMAN RIGHTS PROGRAM PROMOTES PREVENTIVE ENGAGEMENT IN THREE AREAS: SECURITY, WELL-BEING AND JUSTICE. 1914232 266630 0 UNITED NATIONS STRENGTHENING: THE BETTER WORLD FUND BUILDS AND IMPLEMENTS PUBLIC-PRIVATE PARTNERSHIPS TO ADDRESS THE WORLD'S MOST PRESSING PROBLEMS, AND ALSO WORKS TO BROADEN SUPPORT FOR THE UNITED NATIONS THROUGH ADVOCACY AND PUBLIC OUTREACH. 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SINCE BWF HAS NO SIGNIFICANT UNRELATED BUSINESS INCOME, NO PROVISION FOR INCOME TAX HAS BEEN RECORDED. ON JANUARY 1, 2009, BWF ADOPTED THE PROVISIONS OF ASC TOPIC 740-10-25, "INCOME TAXES RECOGNITION" (ASC TOPIC 740-10-25). ASC TOPIC 740-10-25 REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A MORE-LIKELY-THAN-NOT THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE IMPLEMENTATION OF ASC TOPIC 740-10-25 HAD NO IMPACT ON BWF'S FINANCIAL STATEMENTS. BWF DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. SCHEDULE D, PART XI, LINE 2D: FUNDRAISING EXPENSES $288,650 SCHEDULE D, PART XII, LINE 4B: FUNDRAISING EXPENSES 288,650 true Europe (Including Iceland and Greenland) Grantmaking UN STRENGTHENING 3020000 3020000 3020000 Europe (Including Iceland and Greenland) UN STRNGTHNG 10000 WIRE 0 N/A N/A Europe (Including Iceland and Greenland) PSHR 3000000 WIRE 0 N/A N/A 2 false false false false false false SCHEDULE F, PART I, LINE 2: THE BETTER WORLD FUND PRIMARILY MAKES GRANTS TO THE UNITED NATIONS AND ITS RELATED/AFFILIATED AGENCIES. MONITORING OF FUNDS GRANTED TO THOSE AGENCIES CONSISTS PRIMARILY OF GRANT REPORTS RECEIVED QUARTERLY, SEMIANNUALLY OR ANNUALLY AS STIPULATED IN THE GRANT AGREEMENTS. FROM TIME TO TIME, THE BETTER WORLD FUND ALSO CONDUCTS SITE VISITS TO MONITOR DISTRIBUTION OF GRANT-RELATED RESOURCES AND ASSESS THE EFFECTIVENESS AND PROGRESS OF GRANT ACTIVITIES. SCHEDULE F, PART I, LINE 3 & PART II: THE BETTER WORLD FUND MAKES GRANTS TO U.S. ORGANIZATIONS FOR FOREIGN PURPOSES. SUCH GRANTS ARE LISTED ON SCHEDULE F AND SCHEDULE I. 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MONITORING OF FUNDS GRANTED TO THOSE AGENCIES CONSISTS PRIMARILY OF GRANT REPORTS RECEIVED QUARTERLY, SEMIANNUALLY OR ANNUALLY AS STIPULATED IN THE GRANT AGREEMENTS. FROM TIME TO TIME, THE BETTER WORLD FUND ALSO CONDUCTS SITE VISITS TO MONITOR DISTRIBUTION OF GRANT-RELATED RESOURCES AND ASSESS THE EFFECTIVENESS AND PROGRESS OF GRANT ACTIVITIES. SCHEDULE I, PART II: THE BETTER WORLD FUND MAKES GRANTS TO U.S. ORGANIZATIONS FOR FOREIGN PURPOSES. SUCH GRANTS ARE LISTED ON SCHEDULE F AND SCHEDULE I. X X true true X X false false false false false false false false false TIMOTHY E WIRTH 67385 381849 0 0 3384 19178 1911 12789 1312 7437 73992 421253 0 0 KATHRYN CALVIN WALTERS 49354 279672 0 0 2817 15964 1911 12789 2619 14838 56701 323263 0 0 RICHARD PARNELL 36750 208250 0 0 2607 14774 1910 12786 1921 10886 43188 246696 0 0 PETER YEO 235328 0 0 0 7553 0 14760 0 38292 0 295933 0 0 0 PATRICK MADDEN 203094 0 0 0 187 0 12638 0 42372 0 258291 0 0 0 JOHN JIMISON 188654 0 0 0 2210 0 11685 0 8736 0 211285 0 0 0 MINH-THU PHAM 147180 0 110 9140 26966 183396 0 SCHEDULE J, LINE 1A: THE TRAVEL EXPENSES OF THE PRESIDENT'S SPOUSE WERE COVERED WHEN ATTENDING OFFICIAL BUSINESS/FUNCTIONS. BOARD MEMBERS AND THEIR SPOUSES WERE REIMBURSED FOR AIRFARE (INCLUDING FIRST-CLASS ACCOMMODATION WHENEVER REQUESTED), HOTEL, MEALS, AND INCIDENTAL TAXIS OR OTHER TRANSPORTATION WHEN ATTENDING BOARD MEETINGS OR TRAVELING ON BEHALF OF THE FOUNDATION, AS MAY BE REQUESTED BY THE CHAIRMAN OR PRESIDENT FROM TIME TO TIME. THE BETTER WORLD FUND'S POLICY IS NOT TO PAY FOR FIRST CLASS TRAVEL OR ACCOMMODATIONS FOR ITS STAFF MEMBERS. DAVIS PICKREN SEYDEL SNEED LLP OFFICER IS 5%+ OWNER 148793 LEGAL SERVICES false SCHEDULE L, PART IV: MR. SEYDEL IS A PARTNER WITH THE LEGAL COUNSEL FIRM OF DAVIS, PICKREN, SEYDEL & SNEED, LLP, WHICH PROVIDES LEGAL SERVICES TO THE BETTER WORLD FUND. MR. SEYDEL IS ALSO A SON-IN-LAW TO MR. R.E. TURNER, CHAIRMAN OF THE BOARD OF DIRECTORS OF THE UN FOUNDATION, AND IS THE SECRETARY OF THE FOUNDATION. FORM 990, PART I, LINE 1: THE BETTER WORLD FUND WAS CREATED IN 1998 TO BUILD AND IMPLEMENT PUBLIC-PRIVATE PARTNERSHIPS TO ADDRESS THE WORLD'S MOST PRESSING PROBLEMS, AND WORKS TO BROADEN SUPPORT FOR THE UNITED NATIONS (UN) THROUGH ADVOCACY AND PUBLIC OUTREACH. FORM 990, PART III, LINE 4D: PROGRAM SERVICE ACTIVITY #4: CLIMATE CHANGE, ENERGY & SUSTAINABLE DEVELOPMENT: THE BETTER WORLD FUND'S CLIMATE AND ENERGY PROGRAM WORKS WITH THE UNITED NATIONS TO HELP LEAD THE WORLD'S TRANSITION TOWARD A CLIMATE-FRIENDLY ENERGY ECONOMY. IT SERVES AS A NONPARTISAN FORUM, AND CONVENES COALITIONS OF LEADING THINKERS AND ACTORS TO SEIZE OPPORTUNITIES AND ADDRESS CHALLENGES POSED BY THIS TRANSFORMATION. EXPENSES: $1,896,966; GRANTS: $3,850; REVENUE: NONE. PROGRAM SERVICE ACTIVITY #5: WOMEN & POPULATION AND CHILDREN'S HEALTH: THE BETTER WORLD FUND'S WOMEN AND POPULATION PROGRAM WORKS WITH THE UN FOUNDATION, UNITED NATIONS (UN) AND CIVIL SOCIETY TO SUPPORT ACHIEVEMENT OF "UNIVERSAL ACCESS TO REPRODUCTIVE HEALTH SERVICES AND SUPPLIES BY 2015" -- THE CENTRAL GOAL ESTABLISHED AT THE UN INTERNATIONAL CONFERENCE ON POPULATION AND DEVELOPMENT (ICPD), ADOPTED IN 1994. TO ADVANCE THIS GOAL, THE BETTER WORLD FUND'S WOMEN AND POPULATION PROGRAM IS INVOLVED IN: SUPPORTING AND STRENGTHENING UN AGENCIES; ADVANCING THE EDUCATIONAL, ECONOMIC AND SOCIAL SERVICES AND OPPORTUNITIES AVAILABLE TO ADOLESCENT GIRLS; ENSURING AVAILABILITY OF REPRODUCTIVE HEALTH SUPPLIES; AND ADVOCATING FOR EMPIRICALLY-BASED STRATEGIES THAT ADDRESS THE CHALLENGES POSED BY DEMOGRAPHIC CHANGE AND INSUFFICIENT AVAILABILITY OF REPRODUCTIVE HEALTH AND RIGHTS AROUND THE WORLD. THE BETTER WORLD FUND'S CHILDREN'S HEALTH PROGRAM ASSISTS THE UN FOUNDATION AND UNITED NATIONS IN THEIR EFFORTS TO ENSURE THAT ALL CHILDEN HAVE THE MEANS AND THE OPPORTUNITY TO DEVELOP TO THEIR FULL POTENTIAL. OUR MAJOR PRIORITIES ARE DECREASING CHILDHOOD MORTALITY THROUGH COMMUNITY-BASED PROGRAMS AND UTILIZING PUBLIC-PRIVATE PARTNERSHIPS TO STRENGTHEN THE PUBLIC HEALTH INFRASTRUCTURE TO CONTROL INFECTIOUS DISEASES SUCH AS POLIO, MEASLES AND MALARIA. EXPENSES: $806,403; GRANTS: $484,748; REVENUE: NONE. FORM 990, PART IV, LINE 2: MR. RUTHERFORD SEYDEL, SECRETARY, IS ALSO A SON-IN-LAW TO MR. R.E. TURNER, CHAIRMAN OF THE BOARD OF DIRECTORS OF THE BETTER WORLD FUND. FORM 990, PART VI, LINE 11B: THE DRAFT FORM IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND CHIEF OPERATING OFFICER. SUBSEQUENTLY, THE DRAFT IS REVIEWED BY THE ORGANIZATION'S LEGAL COUNSEL. FINALLY, THE DRAFT FORM IS DISTRIBUTED TO ALL BOARD MEMBERS. THE DRAFT IS DISCUSSED BY THE EXECUTIVE COMMITTEE WHICH IS OPEN TO ALL BOARD MEMBERS. THE EXECUTIVE COMMITTEE IS EMPOWERED TO REPLY ON BEHALF OF ANY BOARD MEMBERS WITH QUESTIONS AND CONCERNS. THE DRAFT IS THEN FINALIZED, INCORPORATING ANY CHANGES OR COMMENTS BY THE BOARD MEMBERS AND THE EXECUTIVE COMMITTEE. THE FINAL APPROVED VERSION IS FILED WITH THE IRS AND POSTED ON BETTER WORLD FUND'S WEBSITE. FORM 990, PART VI, LINE 12C: OFFICERS, DIRECTORS OR TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE IN WRITING INTERESTS THAT COULD GIVE RISE TO CONFLICTS ANNUALLY OR WHEN CIRCUMSTANCES CHANGE. THESE CIRCUMSTANCES ARE REVIEWED BY MANAGEMENT ON AN ON-GOING BASIS IN THE COURSE OF OUR DAY-TO-DAY OPERATIONS. WHEN A CONFLICT OF INTEREST DOES ARISE, RECUSAL FROM THE DECISIONS AND DELIBERATIONS IS REQUIRED. THERE WERE NO SUCH CIRCUMSTANCES IN THE PERIOD COVERED BY THIS REPORT. FORM 990, PART VI, LINES 15A & 15B: ANY CHANGES TO THE PRESIDENT'S COMPENSATION REQUIRE BOARD APPROVAL. THE BOARD REVIEWS THE PRESIDENT'S COMPENSATION ANNUALLY AND IT WAS LAST UNDERTAKEN IN 2012. COMPARABLE DATA FROM PEER ORGANIZATIONS IS USED IN DETERMINING THE PRESIDENT'S COMPENSATION. ANY CHANGES TO THE PRESIDENT'S COMPENSATION ARE DOCUMENTED BY THE ORGANIZATION. THERE ARE NO KEY EMPLOYEES LISTED, ONLY OFFICERS. FOR OFFICERS, COMPENSATION IS DETERMINED BASED ON QUALIFICATIONS, DUTIES AND SALARIES PAID BY PEER ORGANIZATIONS. FORM 990, PART VI, LINE 19: THE GOVERNING DOCUMENTS ARE PROVIDED UPON WRITTEN REQUEST. THE CONFLICT OF INTEREST POLICY, AUDITED FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE ON OUR WEBSITE. UNA-USA LLC 1800 MASSACHUSETTS AVENUE NW WASHINGTON DC 20036 274464952 SUPPORTS UN DE 0 0 BWF UNITED NATIONS FOUNDATION 1800 MASSACHUSETTS AVENUE NW SUITE WASHINGTON DC 20036 582368165 SUPPORTS UN NY 501(C)(3) 7 BWF true false false true false false false false false false false false false true true true false false false UNITED NATIONS FOUNDATION B 53500 GAAP UNITED NATIONS FOUNDATION P 1624278 GAAP