Form 990 for tax year 2022

Totals

Total revenue

$8,556,643

Total expenses

$10,094,816

Contributions and grants received

$6,073,380

Grants paid

$5,285,681

Program service revenue

$0

Investment income

$2,483,263

Other revenue

$0

Total assets, end of year

$153,573,027

Total liabilities, end of year

$1,441,241

Net assets or fund balances, end of year

$152,131,786

Program services expenses (Part IX)

$7,102,000

Management and general expenses

$1,950,093

Fundraising expenses

$1,042,723

Program service expenses (Part III)

$7,102,000

Program services were 70.4% 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.

Mission and programs · 2022

• THE UNITED BOARD ACCEPTS CONTRIBUTIONS SUPPORTING WORK WITH COLLEGES AND UNIVERSITIES IN ITS NETWORK IN ASIA. IN COMPLIANCE WITH IRS REGULATIONS, THE UNITED BOARD ACCEPTS SUCH DONATIONS ONLY FOR PROJECTS APPROVED BY ITS BOARD OF TRUSTEES, NOT FOR GENERAL OPERATIONS. APPROVED PROJECTS INCLUDE STUDENT SCHOLARSHIPS; LIBRARY SUPPORT; FACULTY DEVELOPMENT SUPPORT, INCLUDING FACULTY SCHOLARSHIPS AND TRAINING; SUPPORT FOR FACULTY SALARIES AND BENEFITS (MERIT PRIZES, PROFESSORIAL CHAIRS, ETC.); SUPPORT FOR A PARTICULAR ACADEMIC DEPARTMENT NAMED BY THE DONOR; PROGRAMS TO ENHANCE CHRISTIAN PRESENCE ON CAMPUS; AND OTHERS LISTED ON THE UNITED BOARD WEBSITE. THE UNITED BOARD REMITS CONTRIBUTIONS TO THE SPECIFIED INSTITUTIONS QUARTERLY AS DESIGNATED GRANTS FOR THE PURPOSE INDICATED BY THE DONORS. THE UNITED BOARD MONITORS THE APPROPRIATE USE OF ALL FUNDS BY REQUIRING REPORTS FROM THE INSTITUTIONS ABOUT HOW ITS GRANTS, INCLUDING DESIGNATED GRANTS, ARE USED. IN FISCAL YEAR 2023, THE UNITED BOARD DISBURSED DESIGNATED GRANTS TOTALING $3,054,521.71.

  Expenses $3,054,522 · Grants $3,054,522

• THE UNITED BOARD'S CURRENT GRANT INITIATIVES FOCUS ON LEADERSHIP DEVELOPMENT FOR HIGHER EDUCATION, FACULTY DEVELOPMENT FOR ENHANCED TEACHING, LEARNING, AND RESEARCH, CAMPUS-COMMUNITY PARTNERSHIPS, CULTURE AND RELIGION IN ASIA, AND SPECIAL INITIATIVES. IN THE FISCAL YEAR 2023, THE UNITED BOARD MADE 20 GRANTS TO 17 INSTITUTIONS TOTALING $507,492. THROUGH GRANT SUPPORT TO INSTITUTIONS IN OUR NETWORK, THE UNITED BOARD HELPS LINK TEACHING AND LEARNING WITH ACTION RESEARCH AND REFLECTION, THEREBY PROMOTING THE DEVELOPMENT OF PURPOSE AND VALUES AND THE PURSUIT OF KNOWLEDGE AND SKILLS.

  Expenses $507,492 · Grants $507,492

• THE UNITED BOARD ACCEPTS ENDOWMENT GIFTS TO PROVIDE UNRESTRICTED SUPPORT FOR ITS WORK AND ALSO ACCEPTS CONTRIBUTIONS FOR THE TERM AND PERMANENT ENDOWMENTS SET UP FOR A SPECIFIC PURPOSE CONSISTENT WITH THE MISSION AND POLICIES OF THE UNITED BOARD. DISBURSEMENTS FROM ENDOWMENTS ARE MADE ANNUALLY IN ACCORDANCE WITH THE UNITED BOARD'S INVESTMENT AND SPENDING POLICY AND THE TERMS APPROVED BY THE BOARD OF TRUSTEES GOVERNING EACH ENDOWMENT. IN FISCAL YEAR 2023, THE UNITED BOARD DISBURSED ENDOWMENT GRANTS TOTALING $ 874,474.07.

  Expenses $874,474 · Grants $874,474

• THE UNITED BOARD ALSO ACCEPTS CONTRIBUTIONS IN SUPPORT OF WORK WITH INSTITUTIONS IN ITS NETWORK IN ASIA, INCLUDING ITS GRANT PROGRAMS AND FACULTY AND LEADERSHIP DEVELOPMENT INITIATIVES. THESE INCLUDE:UNITED BOARD FELLOWS PROGRAM. THE UNITED BOARD FELLOWS PROGRAM PROVIDES EMERGING LEADERS AT INSTITUTIONS IN ITS NETWORK WITH EXPOSURE TO BEST PRACTICES IN UNIVERSITY ADMINISTRATION AND LEADERSHIP. THIS IS ACHIEVED THROUGH PARTICIPATION IN AN INTENSIVE, THREE-WEEK SUMMER INSTITUTE ON UNIVERSITY LEADERSHIP, A ONE- TO FOUR-MONTH PLACEMENT AT A COLLEGE OR UNIVERSITY IN ASIA, AND OTHER ACTIVITIES THROUGHOUT THE PROGRAM YEAR. FELLOWS LEARN NEW APPROACHES TO TEACHING, LEARNING, AND MANAGEMENT, WHICH THEY CAN SHARE WITH COLLEAGUES FROM THEIR HOME INSTITUTIONS. THEY DEVELOP PROFESSIONAL RELATIONSHIPS AND ENDURING NETWORKS AND GAIN GREATER CONFIDENCE, DECISION-MAKING ABILITIES, AND A WILLINGNESS TO EMBRACE NEW CHALLENGES. SINCE 2002, OVER 250 MID-LEVEL FACULTY AND ADMINISTRATORS FROM ASIAN COLLEGES AND UNIVERSITIES HAVE COMPLETED THE UNITED BOARD FELLOWS PROGRAM AND RETURNED TO THEIR HOME INSTITUTIONS. IN THE FISCAL YEAR 2023, THE UNITED BOARD SUPPORTED 30 FELLOWS AND PRESIDENTS FOR $337,587.24UNITED BOARD FACULTY SCHOLARSHIP PROGRAM. THE UNITED BOARD FACULTY SCHOLARSHIP PROGRAM HELPS DEVELOP AND RETAIN OUTSTANDING EDUCATORS AT ASIAN COLLEGES AND UNIVERSITIES BY OFFERING YOUNG FACULTY MEMBERS THE OPPORTUNITY TO PURSUE ADVANCED DEGREES. HOST UNIVERSITIES IN AUSTRALIA, CHINA, INDONESIA, JAPAN, KOREA, HONG KONG, TAIWAN, THE PHILIPPINES AND THAILAND OPEN THEIR CAMPUSES TO FACULTY SCHOLARS FROM LESS DEVELOPED INSTITUTIONS, OFFERING THEM COURSEWORK, RESEARCH GUIDANCE, EXPOSURE TO NEW STYLES OF TEACHING AND LEARNING, AND A NETWORK OF THEIR PEERS. THE SCHOLARS RETURN TO THEIR HOME INSTITUTIONS WITH PHD OR MASTER'S DEGREES AS WELL AS INNOVATIVE IDEAS AND AN INTERNATIONAL NETWORK THAT ENRICHES THEIR CLASSROOMS FOR YEARS TO COME. IN THE FISCAL YEAR 2023, 29 SCHOLARS BENEFITED FROM THIS PROGRAM, WITH TOTAL SPENDING OF $216,087.17. CONFERENCES, WORKSHOPS, AND SEMINARS. THE UNITED BOARD ORGANIZES AND SPONSORS NUMEROUS LEADERSHIP AND FACULTY DEVELOPMENT ACTIVITIES, USUALLY COLLABORATING WITH AN ASIAN COLLEGE OR UNIVERSITY. THESE PROGRAMS GATHER TOGETHER SELECTED LEADERS, FACULTY, AND ADMINISTRATORS FROM COLLEGES AND UNIVERSITIES IN THE UNITED BOARD'S NETWORK TO EXPLORE PRESSING ISSUES IN ASIAN HIGHER EDUCATION. IN FY'23, THE UNITED BOARD ORGANIZED 20 CONFERENCES, WORKSHOPS, SEMINARS, AND TRAINING PROGRAMS ON VARIOUS THEMES IN SOUTH ASIA, THE WOMEN'S LEADERSHIP FORUM, AND PROGRAMS FOCUSED ON DIGITAL LEARNING AND TECHNOLOGY IN EDUCATION. CLOSE TO 1,533 PROGRAM PARTICIPANTS BENEFITED FROM THESE PROGRAMS.THE UNITED BOARD EXPENDED $ 218,622.01 ON THESE INITIATIVES IN FY 2023.INSTITUTE FOR ADVANCED STUDY OF ASIAN CULTURES AND THEOLOGIES (IASACT). THE OPENING OF IASACT 2022-2023, WITH THE THEME OF 'REVISITING HERITAGE IN ASIA? PRESERVING, ACTIVE REMEMBERING, AND RE-IMAGINING,' STARTED JUNE 18, 2022, RETURNED TO IN-PERSON MEETINGS. FIFTEEN SCHOLARS FROM TEN ASIAN COUNTRIES JOINED THIS OCCASION, CONSISTING OF NINE FEMALE AND SIX MALE SCHOLARS REPRESENTING VARIOUS ACADEMIC DISCIPLINES, INCLUDING THEOLOGY, CHRISTIAN AND RELIGIOUS STUDIES, AND VARIOUS FIELDS IN THE SOCIAL SCIENCES FOR $75,000.ASHA GRANTS PROGRAM. SINCE THE 1970S, THE UNITED BOARD HAS WORKED WITH THE AMERICAN SCHOOLS AND HOSPITALS ABROAD (ASHA) PROGRAM OF THE U.S. AGENCY FOR INTERNATIONAL DEVELOPMENT TO IMPROVE CAMPUS INFRASTRUCTURE THROUGH CAMPUS ACCESS PROJECTS, THE CONSTRUCTION OF DORMITORIES AND CLASSROOM BUILDINGS, AND THE IMPROVEMENT OF LIBRARY AND INFORMATION TECHNOLOGY AT PARTNER INSTITUTIONS. IN FISCAL YEAR 2023, THE UNITED BOARD DID NOT RECEIVE OR DISBURSE ASHA GRANTS.THE OVERALL OUTCOME WAS THAT 1,679 INSTITUTIONAL LEADERS AND FACULTY FROM 93 COLLEGES AND UNIVERSITIES IN 15 COUNTRIES, THESE PARTICIPANTS WORKING WITH LOCAL COMMUNITIES, DIRECTLY BENEFITED FROM THESE INSTITUTIONAL GRANT DEVELOPMENTS.PROGRAM EVALUATIONTHE UNITED BOARD REGULARLY CONDUCTS INTERNAL EVALUATIONS OF PROGRAM EFFECTIVENESS. FROM TIME TO TIME, WE ENGAGE INDEPENDENT SCHOLARS TO CONDUCT EVALUATIVE STUDIES ON PROJECTS WE FUND IN COLLEGES AND UNIVERSITIES IN ASIA AND ON UNITED BOARD-ADMINISTERED PROGRAMS. WE REVISE OUR PROGRAM ADMINISTRATION AND ANNUAL REQUESTS FOR PROPOSALS BASED ON THIS FEEDBACK FROM THE FIELD AND THE REPORTS WE RECEIVE DIRECTLY FROM OUR GRANTEES. BASED ON THE FIVE-TIER MODEL OF PROGRAM EVALUATION OF JACOBS ET AL., THE UNITED BOARD DOES TIER 1 (NEEDS ASSESSMENT), TIER 2 (MONITORING AND ACCOUNTABILITY) AND TIER 3 (QUALITY REVIEW AND PROGRAM CLARIFICATION) REGULARLY. (JACOBS, EASTERBROOKS, BRADY AND MISTRY [2005]).

  Expenses $2,665,512 · Grants $849,192

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

Listed in Part VII

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

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.

• HARVARD-YENCHING INSTITUTE

  501(C)(3) · PROVIDING SUPPORT TO VARIOUS ORGANIZATIONS · MA

Provenance

Return type

form_990

Tax year

2022

Filed

15 May 2024

IRS schema version

2022v5.0

Source object

202411369349307556

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