2013-02-14T15:13:01-06:00 2012-06-30 231144520 TAIT WELLER & BAKER LLP 1818 MARKET STREET SUITE 2400 PHILADELPHIA PA 19103 990 2011-07-01 132735359 VELLORE CHRISTIAN MEDICAL COLLEGE FOUNDATION INC VELL 2128702640 475 RIVERSIDE DRIVE SUITE 725 NEW YORK NY 10115 KATHERINE D GUENTHER 2128702640 2013-02-14 1 MARTIN MAUCH P00764633 2159798800 2013-02-14 2011 2016-03-07 17:11:31Z KATHERINE D GUENTHER 475 RIVERSIDE DRIVE SUITE 725 NEW YORK NY 10115 1694348 0 X WWW.VELLORECMC.ORG X 1948 NY THE MISSION OF THE BOARD IS TO PROVIDE SUPPORT FOR EDUCATIONAL, HEALTHCARE AND COMMUNITY OUTREACH PROGRAMS OF VELLORE CHRISTIAN MEDICAL COLLEGE AND HOSPITAL IN INDIA. 13 13 4 13 0 0 1691686 698504 0 0 351536 279758 1972 1759 2045194 980021 976877 682130 0 0 224059 242479 0 115000 248727 199522 280680 1400458 1320289 644736 -340268 6277348 6122124 626177 777570 5651171 5344554 X THE FOUNDATION'S MISSION IS TO PROVIDE A FOCUS FOR EXCELLENCE AND INTEGRITY AT CHRISTIAN MEDICAL COLLEGE THROUGH PARTICIPATION IN AND CONTINUING SUPPORT OF CMC'S DRIVE TO MAINTAIN EXCELLENCE. THE ORGANIZATION DOES THIS BY: - HONORING IDA SCUDDER - THE PERSON AND HER WORK- ENCOURAGING AND SUPPORTING RESEARCH ACTIVITY OF THE HIGHEST QUALITY DRIVEN BY HONESTY AND HIGH ETHICAL STANDARDS, DIRECTIONAL FOCUS AND TRANSLATIONAL IMPACT- PROMOTING THE PROFESSIONAL DEVELOPMENT OF CMC WITH A FOCUS ON THE QUALITY, DELIVERY AND SAFETY OF HEALTH CARE 0 0 867742 682130 FUNDING EQUIPMENT, MEDICAL SUPPLIES, SCHOLARSHIPS, AND OTHER RESOURCES FOR THE CHRISTIAN MEDICAL COLLEGE AND HOSPITAL IN VELLORE INDIA. 867742 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 4 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 NY X ANN WEINSTEIN 2128702640 475 RIVERSIDE DRIVE ROOM 243 NEW YORK NY 10115 ANISH MATHAI 10.00 X X 0 0 0 DR MARK STEINHOFF 0.50 X 0 0 0 DR MADELON FINKEL 0.80 X X 0 0 0 GEORGE VARUGHESE 0.50 X 0 0 0 PRASAD PALLA 0.80 X X 0 0 0 DR S BALASUBRAMANIAM 0.80 X 0 0 0 DR ROHAN GANGULI 0.50 X 0 0 0 DR NESAKUMAR JOSEPH 0.50 X 0 0 0 DR MARGARET KUMAR 0.50 X 0 0 0 DR BABHUTI MISHRA 0.50 X 0 0 0 DR HONORINE WARD 0.50 X 0 0 0 MRS EMMA KOSHI 0.50 X 0 0 0 DR DALEEP MUKARJI 0.50 X 0 0 0 LOUIS KNOWLES 35.00 X 67062 0 29536 67062 0 29536 0 0 0 0 COMMUNITY COUNSELING SERVICE CO LLC 461 5TH AVENUE 3RD FLOOR NEW YORK NY 10017 FUNDRAISING SERVICES 115000 1 150406 548098 698504 128458 128458 865627 714327 151300 151300 151300 MISC INCOME 611710 1003 1003 INCREASE IN LIFE INSUR 900099 756 756 1759 980021 1759 0 279758 682130 682130 111766 55883 39118 16765 102056 46158 40990 14908 2012 612 1130 270 7892 3318 3442 1132 18753 8883 7098 2772 45838 45838 115000 115000 24270 24270 50731 40058 10673 111577 11026 8812 91739 4489 2126 1699 664 20179 9558 7638 2983 2644 2644 15637 7407 5918 2312 1230 583 465 182 1492 1492 OTHER 2593 2593 1320289 867742 203820 248727 188049 119794 271812 59243 866210 803480 3970 4841 45542 44716 2056 826 4856435 5044368 88816 89572 6277348 6122124 626177 777570 626177 777570 X 1747097 1432679 1949563 1956364 1954511 1955511 5651171 5344554 6277348 6122124 X -340268 33651 X 0 1 1 X 0 X 668772 505863 617194 1691686 698504 4182019 668772 505863 617194 1691686 698504 4182019 337985 3844034 108349 128850 120884 115860 128458 602401 3595 2447 2789 1972 1759 12562 4796982 0.80130 0.82950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4893332 1000 101975 4996307 4203539 29404 660389 4893332 4015902 31719 155918 4203539 4893656 28948 -906702 4015902 0.42070 0.39930 0.18000 0 0 45542 44716 826 826 980021 1320289 -340268 39882 -6231 33651 -306617 997766 39882 2133 42015 955751 24270 24270 980021 1298152 2133 2133 1296019 24270 24270 1320289 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN TAX YEARS (2009-2011) OR EXPECTED TO BE TAKEN IN THE FOUNDATION'S 2012 TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED LOSS ON REMAINDER TRUSTS -6,231. 0 SOUTH ASIA 0 0 GRANTS TO RECEPIENTS GRANTS FOR BENEFIT OF VELLORE CHRISTIAN MEDICAL COLLEGE 682130 0 0 0 0 0 0 682130 0 682130 SOUTH ASIA GENERAL SUPPORT FOR VELLORE CHRISTIAN MEDICAL COLLEGE IN INDIA 531724 CHECK, WIRE 150406 PURCHASED SUPPLIES AND MATERIALS RECEIPTS & COSTS 1 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: ALL GRANT FUNDS HAVE A DESIGNATED USE THAT IS SPECIFIED IN THE LETTER OF DISTRIBUTION. THE ORGANIZATION RECEIVES AN ACKNOWLEDGEMENT OF THE RECEIPT OF THE FUNDS ALONG WITH ASSURANCE THAT THE MONEY WILL BE USED IN THAT MANNER. SINCE THE ORGANIZATION PROVIDES FUNDING TO ONLY ONE ORGANIZATION, THE CHRISTIAN MEDICAL COLLEGE (CMC) LOCATED IN VELLORE, INDIA, THE ORGANIZATION AND ITS DONORS FREQUENTLY HAVE CONTACT WITH THE DEPARTMENT RECIPIENTS OF FUNDING. FURTHERMORE, MANY OF THE GRANT PROGRAMS SUCH AS USAID'S ASHA PROGRAM HAVE STRINGENT REPORTING REQUIREMENTS INCLUDING SUBMISSION OF INDIVIDUAL RECEIPTS. FOR SCHOLARSHIP RECIPIENTS, THE ORGANIZATION RECEIVES NOTICE AND A BRIEF BIOGRAPHY FROM CMC OF THE INDIVIDUAL STUDENT WHO IS THE BENEFICIARY OF THE SCHOLARSHIP THAT IS THEN PROVIDED TO THE INDIVIDUAL DONOR. CMC STAFF WHO RECEIVE CONTINUING EDUCATION FUNDING FROM THE ORGANIZATION FOR STUDY ABROAD PROVIDE THE ORGANIZATION WITH A REPORT OF THE BENEFITS RECEIVED FROM THEIR INDIVIDUAL STUDY PROGRAM. X X X X 1 COMMUNITY COUNSELING SERVICE CO LLC 461 5TH AVENUE 3RD FLOOR NEW YORK NY 10017 ASSIST IN PLANNING, ORGANIZING AND STRENGTHENING DEVELOPMENT 0 538286 115000 423286 538286 115000 423286 NY FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BASED ON INFORMATION IN THE AUDITED FINANCIAL STATEMENT. THE ANNUAL AUDIT OF THE FINANCIAL STATEMENT USUALLY OCCURS IN AUGUST FOLLOWING THE CLOSE OF THE JUNE 30TH FISCAL YEAR. THE AUDITED FINANCIAL STATEMENT IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS AND IS THEN PRESENTED TO THE FULL BOARD OF DIRECTORS AT THE ANNUAL FALL MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ENSURES THAT ALL EMPLOYEES AND BOARD MEMBERS ARE AWARE OF THE CONFLICT OF INTEREST POLICY AND THE CONSEQUENCES OF VIOLATING IT. FORM 990, PART VI, SECTION B, LINE 15A THE SALARY FOR THE PRESIDENT IS REVIEWED ANNUALLY BY THE PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS. RECOMMENDATIONS BY THE PERSONNEL COMMITTEE ARE THEN PRESENTED EITHER TO THE FULL BOARD OF DIRECTORS OR THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR AUTHORIZATION BY MOTION AND VOTE. THE BOARD OF DIRECTORS TYPICALLY MEETS EIGHT TIMES A YEAR; THE EXECUTIVE COMMITTEE IS AUTHORIZED TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. MINUTES OF MEETINGS OF THE EXECUTIVE COMMITTEE ARE FORWARDED TO THE FULL MEMBERSHIP OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. A FINANCIAL REPORT, BASED ON THE AUDITED FINANCIAL STATEMENTS, IS INCLUDED IN THE ANNUAL REPORT WHICH IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 39,882. UNREALIZED LOSS ON REMAINDER TRUSTS -6,231. TOTAL TO FORM 990, PART XI, LINE 5: 33,651.