2011-03-15T11:10:08-05:00 2010-06-30 Simione Macca & Larrow LLP 4130 Whitney Avenue Hamden CT 06518 990 2009-07-01 060646971 THE YALE-CHINA ASSOCIATION INCORPORATED YALE 2034320880 442 TEMPLE STREET BOX 208223 NEW HAVEN CT 065208123 Xiuling Li 2034320880 2011-03-14 1 Kathleen S Held CPA 2032810540 2009 2016-02-24 21:20:13Z Nancy Yao Maasbach 442 Temple Street Box 208223 New Haven CT 065208123 1637877 0 X WWW.YALECHINA.ORG X 1901 CT The Yale-China Association works to build U.S.-China relations on a grassroots level through programs in education, health, and public service. Yale-China's work is characterized by sustained, long-term relationships designed to build Chinese institutional capacity. 29 29 0 5 0 0 615571 948910 0 622304 630252 -13900 52742 1223975 1631904 284500 72000 0 1335292 958876 0 63456 959511 614073 2579303 1644949 -1355328 -13045 10002108 10522778 110653 476134 9891455 10046644 The Yale-China Association works to build U.S.-China relations on a grassroots level through programs in education, health, public service, and arts. Yale-China's work is characterized by sustained, long-term relationships designed to build Chinese institutional capacity. 0 0 1063826 Education Program: Provided 10,310 hours in classroom hours and/or research.Health Program: Provided 1,518 hours in direct services, classroom hours, and/or research.Public Service Program: Provided 4,950 hours in direct services and/or classroom hours.Arts Program: Provided 640 hours in direct services and/or classroom hours. 1063826 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 0 0 1 HK 0 0 0 0 0 0 0 29 29 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CT X Xiuling Li 2034328460 442 TEMPLE STREET BOX 208223 NEW HAVEN CT 06520 TERRILL E LAUTZ 7.00 X X 0 0 0 GREGORY S PRINCE 7.00 X X 0 0 0 MARTHA FINN BROOKS 5.00 X X 0 0 0 KATHERINE SANDWEISS 5.00 X X 0 0 0 TERRY YIP 7.00 X X 0 0 0 THOMAS ASHBROOK 2.00 X 0 0 0 LINDA COLE-TAYLOR 2.00 X 0 0 0 DEBORAH S DAVIS 2.00 X 0 0 0 MICHAEL W DEVLIN 2.00 X 0 0 0 ALICE EASTER 2.00 X 0 0 0 JAMES V FEINERMAN 2.00 X 0 0 0 KRISTOPHER FENNIE 2.00 X 0 0 0 JOSEPH GORDON 2.00 X 0 0 0 WILLIAM R JACKSON 2.00 X 0 0 0 ZHONGXING LIAO 2.00 X 0 0 0 VIVIAN LING 2.00 X 0 0 0 MAX MA 2.00 X 0 0 0 DANIEL MAGIDA 2.00 X 0 0 0 CHRISTIAN F MURCK 2.00 X 0 0 0 ANDREW M NULAND 2.00 X 0 0 0 PAMELA N PHAN 2.00 X 0 0 0 R DRAKE PIKE 2.00 X 0 0 0 R ANTHONY REESE 2.00 X 0 0 0 ROBERT M ROHRBAUGH 2.00 X 0 0 0 KATHERINE TAI 2.00 X 0 0 0 MARY GWEN WHEELER 2.00 X 0 0 0 ALExander Wilmerding 2.00 X 0 0 0 MICHAEL J WISHNIE 2.00 X 0 0 0 BARRY J WU 2.00 X 0 0 0 NANCY YAO MAASBACH 40.00 X 175000 0 0 ANN WILLIAMS 40.00 X 150000 0 0 325000 0 0 2 1 1 0 0 948910 948910 636225 636225 5973 -5973 -5973 -5973 Other income 611710 70379 70379 Charitable Gift Annuit 900099 -17637 -17637 52742 1631904 46769 0 636225 72000 72000 738410 427397 261458 49555 220466 121892 84673 13901 47088 854 46234 20468 92 20376 46961 6460 40501 45776 45776 122949 107420 15529 95496 76503 18993 6436 6436 16843 12632 4211 23730 8288 15442 Stipends 118120 118120 PROJECT EXPENSE 51458 51458 Student Exchange 14934 14934 Equipment Rental 3814 3814 1644949 1063826 517667 63456 244475 294359 132577 392334 17244 68216 162708 67303 117480 95405 9490332 9672464 10002108 10522778 26489 381308 84164 94826 110653 476134 X 1863974 4023235 680649 730767 7346832 5292642 9891455 10046644 10002108 10522778 X 0 1 1 X 0 X 1017699 2187596 2269872 615571 1019290 7110028 1017699 2187596 2269872 615571 1019290 7110028 7110028 195772 239810 277206 622304 636225 1971317 9081345 0.78290 0.83020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9333260 195611 9528871 13455118 20000 -4141858 9333260 0 0 162708 67303 95405 95405 Obligations under charitable gift annuities 94826 94826 1631904 1644949 -13045 168234 168234 155189 1806111 168234 168234 1637877 -5973 -5973 1631904 1650922 5973 5973 1644949 0 1644949 Part XII, Line 4b - Other Adjustments: LOSS ON SALE OF OTHER ASSETS: -5973. Part XIII, Line 2d - Other Adjustments: LOSS ON SALE OF OTHER ASSETS: 5973. 1 East Asia and the Pacific 1 1 Program management, fundraising, and administration N/A 35546 1 1 35546 East Asia and the Pacific Scholarships for students 72000 Scholarships for students Schedule F, Part IV Other Information During the time period under review, the Yale-China Association issued grants to two Chinese universities for a scholarship program for Chinese undergraduates who are from under-privileged backgrounds. Without this support, it might have been impossible for these promising young people to finish their undergraduate degrees. Yale-China monitors these grants in several ways. First, the institutions are required to give detailed financial and narrative reports to Yale-China, which include an accounting of how each dollar was spent, as well as information on all of the students who received the scholarships. Second, a bilingual member of the Yale-China staff serves on the scholarship selection committee at each institution to ensure the selection process is transparent and sound. Third, staff regularly interact with the scholarship students to monitor the support they are receiving from their institutions. Finally, Yale-China limits the amount of money from the grants that the institutions can use for administrative support to a nominal amount. 1 X X X 0 0 0 0 0 0 0 0 0 NANCY YAO MAASBACH 175000 0 0 0 0 0 0 0 0 0 175000 0 0 0 ANN WILLIAMS 150000 0 0 0 0 0 0 0 0 0 150000 0 0 0 Form 990, Part VI, Section A, line 4 New changes were made to the IRS 990 in the governance and policy section. Therefore, Yale-China needed to revise the by-laws to guide the organization and meet the new regulation requirements as shown in the 990 form. Form 990, Part VI, Section B, line 11 The Form 990 was reviewed by the Organization's management, including the Director of Finance and Operations, and the Board of Trustees. Form 990, Part VI, Section B, line 12c OFFICERS, DIRECTORS AND ALL EMPLOYEES ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE FORM. DISCLOSURES ARE REVIEWED BY THE BOARD CHAIR AND THE GOVERNANCE COMMITTEE. Form 990, Part VI, Section B, line 15 THE EXECUTIVE DIRECTOR'S SALARY WAS REVIEWED BY A COMMITTEE AND THE BOARD TREASURER AND COMPARED TO SALARIES OF SIMILAR NONPROFIT LEADERS WORKING IN THE SAME FIELD AND ALSO COMPARED TO THOSE WORKING IN CONNECTICUT. THAT COMPARISON INFORMATION IS KEPT ON FILE AT THE ORGANIZATION. THE EXECUTIVE DIRECTOR'S COMPENSATION IS THEN REVIEWED ANNUALLY AND APPROVED BY THE BOARD OF TRUSTEES. Form 990, Part VI, Section C, line 19 FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND POSTED ON THE ASSOCIATION'S WEBSITE. DETAILED FINANCIAL STATEMENTS AND GOVERNANCE POLICIES ARE AVAILABLE UPON REQUEST.