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Nonprofiteer
← UNFCU FOUNDATION INC

Form 990 for tax year 2022

Filed by UNFCU FOUNDATION INC.

Totals

Total revenue
$1,094,120
Total expenses
$1,181,084
Contributions and grants received
$924,873
Grants paid
$1,020,443
Program service revenue
$0
Investment income
$2,044
Other revenue
$167,203
Total assets, end of year
$579,768
Total liabilities, end of year
$54,968
Net assets or fund balances, end of year
$524,800
Program services expenses (Part IX)
$1,020,443
Management and general expenses
$109,037
Fundraising expenses
$51,604
Program service expenses (Part III)
$1,020,443

Program services were 86.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $924,873

  • 3 · Investment income

    total $2,044 · excluded $2,044

  • 8a · Fundraising events: gross income

    $198,359

  • 8b · Fundraising events: direct expenses

    $31,156

  • 8c · Net income from fundraising events

    total $167,203 · excluded $167,203

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $913,706 · program services $913,706

  • 3 · Grants to foreign organizations and individuals

    total $106,737 · program services $106,737

  • 11c · Fees: accounting

    total $10,360 · management and general $10,360

  • 12 · Advertising and promotion

    total $137,023 · management and general $85,419 · fundraising $51,604

  • 13 · Office expenses

    total $1,880 · management and general $1,880

  • 17 · Travel

    total $154 · management and general $154

  • 22 · Depreciation, depletion and amortization

    total $3,531 · management and general $3,531

  • 23 · Insurance

    total $4,001 · management and general $4,001

  • 24a · Other expenses: BANK FEES

    total $2,642 · management and general $2,642

  • 24b · Other expenses: REGISTRATION FEES

    total $1,050 · management and general $1,050

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $654,021 · end of year $563,616

  • 3 · Pledges and grants receivable

    beginning of year $4,500 · end of year $7,500

  • 9 · Prepaid expenses and deferred charges

    beginning of year $11,652 · end of year $8,652

  • 14 · Intangible assets

    beginning of year $3,531 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $61,940 · end of year $54,968

  • 27 · Net assets without donor restrictions

    beginning of year $611,764 · end of year $524,800

Mission and programs · 2022

Mission

TO REDUCE POVERTY THROUGH EDUCATION, HEALTH CARE PROGRAMS AND LIVELIHOOD TRAINING, ESPECIALLY AMONG WOMEN AND YOUTH.

  • THE UNFCU FOUNDATION ACCEPTS GRANT APPLICATIONS, DURING THE MONTH OF JUNE, FROM US REGISTERED 501 (C) (3) NONPROFIT ORGANIZATIONS AND THOSE WORKING WITH UN ENTITIES ON THE GROUND GLOBALLY. DURING 2022, THE FOUNDATION REVIEWED 31 ELIGIBLE GRANT APPLICATIONS AND APPROVED 21 PROJECTS THAT ALIGNED WITH ITS MISSION TO SUSTAIN A PATH OUT OF POVERTY THROUGH HEALTHCARE AND EDUCATION FOR WOMEN AND YOUTH. IN DECEMBER 2022, FUNDS TOTALING $772,202 WERE DISTRIBUTED IN GRANTS AND $248,241 IN OTHER ASSISTANCE FOR A TOTAL OF $1,020,443.THE GRANTS APPROVED BY THE UNFCU FOUNDATION BOARD OF DIRECTORS FOR THE 2022 PROGRAM YEAR ARE THE FOLLOWING: EDUCATION:GRACE OUTREACH WILL HELP 250 LOW-INCOME WOMEN GAIN THEIR HIGH SCHOOL EQUIVALENCY DEGREE TO BUILD A PATH TO IMPROVED COLLEGE AND CAREER OPTIONS AND EXPAND TEACHING STAFF, ENABLING AN ADDITIONAL 200 HOURS OF CLASS TIME. THE PROGRAM AIMS TO REBUILD ITS HIGH SCHOOL EQUIVALENCY PROGRAM BACK TO A PRE-PANDEMIC MODE AND TO IN-PERSON, FULL-TIME CLASSES TO PROVIDE 320 HOURS OF IN-PERSON TRAINING.BUILDING TOMORROW IS A LOCALLY-LED SOCIAL IMPACT ORGANIZATION ENSURING CHILDREN IN RURAL UGANDA ACCESS FOUNDATIONAL LEARNING OPPORTUNITIES. BUILDING TOMORROW AIMS TO REACH 10,168 LEARNERS AND TRAIN 3,975 COMMUNITY EDUCATION VOLUNTEERS, OF WHICH MORE THAN HALF WILL BE GIRLS, THROUGH THEIR ROOTS TO RISE COMMUNITY, A SOCIALLY-DISTANCED, COMMUNITY BASED PROGRAM.YWCA BROOKLYN PROVIDES A HOLISTIC COLLEGE ACCESS AND LEADERSHIP PROGRAM (LEAD) FOR YOUTH, SERVICES FOR IMMIGRANT WOMEN, AND DOMESTIC VIOLENCE PREVENTION, ANTI-RACISM, CIVIC ENGAGEMENT, AND WOMEN'S HEALTH AND WELLNESS INITIATIVES WITH THE GOAL OF EMPOWERING WOMEN. YWCA BROOKLYN'S LEAD PROGRAM WILL SERVE 155 GIRLS OF COLOR FROM POVERTY-IMPACTED COMMUNITIES TO SUPPORT THEIR TIMELY GRADUATION AND ACCEPTANCE TO A FOUR-YEAR UNIVERSITY, BUILD FINANCIAL LITERACY AND CAREER EXPOSURE AND PROVIDE MENTORSHIP FOR ALUMNI OF THE PROGRAM.

    Expenses $1,020,443 · Grants $1,020,443

  • HEALTHCARE:MOUNT SINAI ADOLESCENT HEALTH CENTER (MSAHC) WILL PROVIDE INTEGRATED MEDICAL, SEXUAL AND REPRODUCTIVE HEALTH, AND BEHAVIORAL AND MENTAL HEALTH SERVICES UTILIZING A WELLNESS AND PREVENTATIVE APPROACH. THEY WILL PROVIDE THESE MUCH NEEDED SERVICES TO 40 ADOLESCENT GIRLS BETWEEN THE AGES OF 10 TO 26. THEIR SERVICES WILL INCLUDE A MYRIAD OF DIFFERENT HIGH QUALITY, COMPREHENSIVE AND INTEGRATED YOUTH SPECIFIC SERVICES. THE FLOATING HOSPITAL WILL CONTINUE TO PROVIDE BEHAVIORAL HEALTH SERVICES AND SUPPORT PROGRAMS FOR OVER 500 WOMEN AND CHILDREN. MANY OF THE WOMEN AND CHILDREN ARE EXPERIENCING DOMESTIC VIOLENCE AND OTHER TRAUMAS, AND ARE CONSIDERED PART OF THE "HIDDEN HOMELESS" POPULATION.

  • LIVELIHOOD TRAINING:MINDLEAPS PROVIDES HOLISTIC BUSINESS AND PERSONAL DEVELOPMENT TO SUPPORT MOTHERS AND WOMEN IN WOMEN-HEADED HOUSEHOLDS LIVING IN THE AREAS OF NISAMBYA AND KAMWOKYA IN UGANDA. THE MOVING FORWARD TOGETHER PROGRAM WILL IMPROVE THE LIVELIHOODS OF 50 AT-RISK WOMEN THROUGH SELF-HELP GROUPS. MINDLEAPS WILL HELP TO SEED BUSINESS IN THE COMMUNITY AND PROVIDE TEN BUSINESS LOANS TO SEED-FUND BUSINESSES COMING OUT OF THE TRAININGS.REFUSHE'S MISSION IS TO PROTECT, EDUCATE, AND EMPOWER ORPHANED, UNACCOMPANIED, AND SEPARATED REFUGEE GIRLS AND YOUNG WOMEN SO THEY CAN BUILD HEALTHIER AND MORE RESILIENT FUTURES FOR THEMSELVES AND THEIR CHILDREN. REFUSHE'S ARTISAN COLLECTIVE IS A SOCIAL ENTERPRISE THAT WILL GRADUATE 25 WOMEN INTO TWO-YEAR APPRENTICESHIPS TO GAIN ADVANCED TAILORING SKILLS, ENTREPRENEURSHIP EDUCATION AND ACCESS TO SMALL LOANS.KILIMANJARO INITIATIVE (KI) PROVIDES COUNSELLING, LIVELIHOOD SKILLS AND INCOME GENERATION OPPORTUNITIES TO YOUNG WOMEN. KI SUPPORTS A NETWORK OF BOXING CLUBS WHERE YOUTH BECOME COMMUNITY ROLE MODELS. KI IS A UNIQUE PLATFORM THAT BRINGS TOGETHER INDIVIDUALS FROM DIFFERENT ECONOMIC, SOCIAL, ETHNIC, AND CULTURAL BACKGROUNDS. KILIMANJARO INITIATIVE (KI) - MAASAI EMPOWERMENT PROGRAM AIMS TO RAISE AWARENESS ON FEMALE GENITAL MUTILATION IN MAASAI HOMELANDS, PROVIDE INCOME GENERATING EMPLOYMENT AND SEMI-ARID FARMING SOLUTIONS. THE GOAL IS TO HAVE 100 WOMEN ATTEND BUSINESS SKILLS TRAINING AND 50 WOMEN BENEFIT FROM LIVELIHOOD TRAINING. HOT BREAD KITCHEN CREATES ECONOMIC OPPORTUNITY FOR IMMIGRANT WOMEN AND WOMEN OF COLOR IN NYC, THROUGH JOB SKILLS TRAINING, FOOD ENTREPRENEURSHIP PROGRAMS AND AN ECOSYSTEM OF HOLISTIC CARE. HBK WILL EXPAND ITS' CULINARY OUTPOST WORK TO REACH MORE CLIENTS IN NEIGHBORHOODS IN BROOKLYN AND QUEENS. EACH SITE WILL TRAIN COHORTS OF 15-20 WOMEN FOR A TOTAL OF 60 WOMEN TRAINED IN COMMUNITY "OUTPOSTS". HBK WILL ALSO CONTINUE TO SUPPORT 300 WOMEN'S ACCESS TO ONE OR MORE OF ITS PROGRAMS AND SERVICES.SANCTUARY FOR FAMILIES IS NEW YORK'S LARGEST NONPROFIT PROVIDER OF WRAP-AROUND SERVICES EXCLUSIVELY FOR SURVIVORS OF DOMESTIC VIOLENCE, SEX TRAFFICKING, AND RELATED FORMS OF GENDER-BASED VIOLENCE. SANCTUARY'S ECONOMIC EMPOWERMENT PROGRAM (EEP) WILL COVER STIPENDS FOR 150 WOMEN AND YOUTH TO MAKE INTERNSHIPS ACCESSIBLE FOR PARTICIPANTS AND HELP PREPARE THEM FOR LIVING-WAGE JOBS.THE BOMA PROJECT INC. WILL ENROLL 165 ULTRA-POOR WOMEN IN THE RURAL ENTREPRENEUR ACCESS PROJECT (REAP). THIS POVERTY GRADUATION INITIATIVE ENROLLS WOMEN IN A TWO-YEAR PROGRAM THAT INCLUDES FINANCIAL, LIFE SKILLS, AND BUSINESS TRAINING WITH THE GOAL OF INCREASING INCOME SOURCES, ACCESS TO SAVINGS GROUPS AND ACCESS TO CREDIT.INTERNATIONAL RESCUE COMMITTEE (IRC) PROVIDES OPPORTUNITIES FOR REFUGEES, ASYLEES, VICTIMS OF HUMAN TRAFFICKING, SURVIVORS OF TORTURE, AND OTHER IMMIGRANTS TO THRIVE IN AMERICA. IRC'S WOMEN'S EMPLOYABILITY PROGRAM (WEP) WILL PROVIDE SPECIALIZED EMPLOYMENT SERVICES TO 75 REFUGEE WOMEN.TOGETHER WE BAKE'S (TWB) MISSION IS TO PROVIDE A COMPREHENSIVE WORKFORCE TRAINING AND PERSONAL DEVELOPMENT PROGRAM FOR UNDERSERVED AND UNDERREPRESENTED WOMEN. TWB WILL RECRUIT AND TRAIN 25 WOMEN, AND PROVIDE POST PROGRAM SUPPORT TO 125 ALUMNI TEAM MEMBERS. ALUMNI TEAM MEMBERS WILL RECEIVE POST-PROGRAM PROFESSIONAL DEVELOPMENT SUPPORT SERVICES THROUGH THE WORKFORCE DEVELOPMENT SPECIALIST.TRICKLE UP WORKS WITH ULTRA-POOR WOMEN IN GUATEMALA TO HELP THEM ACCESS FINANCIAL INCLUSION SERVICES. THE PROGRAM WORKS WITH LOCAL MUNICIPALITIES TO ASSUME THE FINANCIAL, ADMINISTRATIVE, AND MANAGEMENT REQUIREMENTS TO IMPLEMENT ITS GRADUATION APPROACH. TRICKLE UP WILL ADD 250 NEW PARTICIPANTS, IN ADDITION TO THE EXISTING 500 PARTICIPANTS TO PROVIDE FINANCIAL INCLUSION SERVICES.STREET CHILD US SUPPORTS LOCAL ORGANIZATIONS IN SUB-SAHARAN AFRICA TO IMPROVE LIVELIHOODS AND EDUCATION TO ADDRESS THE SOCIAL, ECONOMIC AND STRUCTURAL ISSUES THAT UNDERPIN POVERTY. STREET CHILD US WILL PARTNER WITH UGANDAN ORGANIZATION IMAGINE HER TO EXPAND A SOCIAL ENTERPRISE AND INNOVATION INCUBATOR PROGRAM, "IMAGINE ACADEMY." THE ACADEMY WILL ENROLL 400 WOMEN TO PARTICIPATE IN THE PROGRAM. THE PROGRAM TRAINING IS AN ACCELERATED, MENTORED MBA-STYLE BUSINESS, LEADERSHIP AND SOCIAL ENTREPRENEURSHIP TRAINING COURSE. ITS PARTICIPANTS WILL ALSO BE ABLE TO ACCESS TAILORED, START-UP FINANCING VIA INTEREST FREE LOANS.MISSION FOR COMMUNITY DEVELOPMENT (MCODE) EMPOWERS INDIVIDUALS TO IMPROVE THEIR LIVES AND PROMOTE COMMUNITY DRIVEN DEVELOPMENT IN RURAL AREAS OF UGANDA. MCODE WILL SUPPORT 250 YOUNG WOMEN IN THEIR ORGANIC AGRICULTURAL VOCATIONAL TRAINING PROGRAM FOR THE PRODUCTION OF VEGETABLES AND BANANAS. THEY WILL PROVIDE COACHING AND MENTORSHIP THROUGH A HORTICULTURE TRAINING COMPANY TO PROVIDE A MARKET FOR THE PRODUCTS, AND SUPPORT TO ACHIEVE CERTIFICATIONS AT AN ACCREDITED FARMING INSTITUTE. GIRL UP WILL PROVIDE 1,200 ADOLESCENT GIRLS IN THREE DISTINCT COMMUNITIES IN KENYA WITH ENHANCED LEADERSHIP DEVELOPMENT TRAINING LINKED TO GENDER EQUALITY ISSUE AREAS. THE TRAINING WILL ALSO PROVIDE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) FOR SOCIAL GOOD BOOT CAMP TRAINING FOR GIRLS AS WELL AS ADOLESCENT SEXUAL AND REPRODUCTIVE HEALTH (ASRH) TRAINING TO GIRL UP CLUB MEMBERS IN THE THREE SPECIFIED COMMUNITIES. GIRL UP WILL TRAIN GIRLS TO USE THE ONLINE LEARNING MANAGEMENT SYSTEM THAT WILL HOUSE LEADERSHIP TRAINING CURRICULUM AND ACTIVITIES.INTERNATIONAL TELECOMMUNICATION UNION (ITU) WORKS TO CLOSE THE DIGITAL DIVIDE AND DRIVE DIGITAL TRANSFORMATION TO LEVERAGE THE POWER OF ICTS FOR ECONOMIC PROSPERITY, JOB CREATION, DIGITAL SKILLS DEVELOPMENT, GENDER EQUALITY, DIVERSITY, A SUSTAINABLE AND CIRCULAR ECONOMY AND FOR SAVING LIVES. ITU'S AFRICAN GIRLS' CAN CODE INITIATIVE TRAINS AND EMPOWERS A MINIMUM OF 2000 GIRLS AGED 17-25 ACROSS AFRICA TO BECOME COMPUTER PROGRAMMERS, CREATORS AND DESIGNERS. THE PROGRAM IS EXPANDING TO SENEGAL IN 2023 AND WILL SUPPORT GIRLS INTERESTED IN STEM AND ICT.VILLAGE ENTERPRISE UTILIZES THE GRADUATION APPROACH TO ADDRESS THE CHALLENGES OF WOMEN LIVING IN RURAL POVERTY IN UGANDA BY PROVIDING ACCESS TO BUSINESS SAVINGS GROUPS, FINANCIAL LITERACY, SUSTAINABILITY TRAINING, MEMBERSHIP AND A CASH GRANT AS SEED CAPITAL. THE PROGRAM WILL START 63 BUSINESS, IMPACTING THE LIVES OF 189 ENTREPRENEURS, APPROXIMATELY 151 OF WHICH WILL BE WOMEN AND GIRLS.UNITED NATIONS POPULATION FUND (UNFPA) WILL CONTINUE TO PROVIDE SUPPORT TO THE EXISTING EU/UN SPOTLIGHT INITIATIVE FISTULA TREATMENT INTERVENTION IN ADAMAWA STATE, WHERE THERE IS A HIGH PREVALENCE OF WOMEN AND GIRLS AFFECTED BY OBSTETRIC FISTULA. THE GRANT WILL SUPPORT ENROLLMENT OF 40 INDIGENT FISTULA SURVIVORS IN SMALL AND MEDIUM-SIZED ENTERPRISES. THE 40 WOMEN WILL RECEIVE TRAINING FOR VARIOUS VOCATION AND TRADE SKILLS.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Pamela K Agnone

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    6
  • Joyce Barbarich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Clark

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Theresa Panuccio

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Gosstola

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Jodi Pulice

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Laura Rockwood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Lewis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Gruss

    VICE PRESIDENT-CFO

    Total calculated
    $0
    Hours/week
    2
  • Michael Rott

    VICE PRESIDENT-LEGAL

    Total calculated
    $0
    Hours/week
    2
  • Yma Gordon

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    16

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • UNITED NATIONS FEDERAL CREDIT UNION

    501(C)(1) · GRANTOR AND SHARES SOME BOARD MEMBERS AND STAFF · NY

Provenance

Return type
form_990
Tax year
2022
Filed
9 May 2023
IRS schema version
2022v5.0
Source object
202331319349304193

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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