Form 990 for tax year 2022
Filed by THE FAMILY HEALTH INTERNATIONAL FOUNDATION.
Totals
- Total revenue
- -$42,647,527
- Total expenses
- $6,145,606
- Contributions and grants received
- $0
- Grants paid
- $4,885,309
- Program service revenue
- $0
- Investment income
- -$42,647,527
- Other revenue
- $0
- Total assets, end of year
- $175,709,326
- Total liabilities, end of year
- $22,988,360
- Net assets or fund balances, end of year
- $152,720,966
- Program services expenses (Part IX)
- $4,885,309
- Management and general expenses
- $1,260,297
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,885,309
Program services were 79.5% 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.
-
3 · Investment income
total $5,982,827 · unrelated business -$24,591 · excluded $6,007,418
-
7a · Gross sales of assets other than inventory
securities $21,128,259
-
7b · Less cost or other basis and sales expenses
securities $69,758,613
-
7c · Gain or loss
securities -$48,630,354
-
7d · Net gain or loss
total -$48,630,354 · unrelated business $87,759 · excluded -$48,718,113
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $4,885,309 · program services $4,885,309
-
11c · Fees: accounting
total $107,313 · management and general $107,313
-
11f · Fees: investment management
total $450,931 · management and general $450,931
-
11g · Fees: other
total $65,900 · management and general $65,900
-
17 · Travel
total $14,020 · management and general $14,020
-
20 · Interest
total $566,933 · management and general $566,933
-
24a · Other expenses: DIRECTORS HONORARIUM
total $43,200 · management and general $43,200
-
24b · Other expenses: BUSINESS REGISTRATION
total $12,000 · management and general $12,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $176,825 · end of year $115,371
-
2 · Savings and temporary cash investments
beginning of year $2,585,192 · end of year $6,065,413
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $7,975
-
11 · Investments: publicly traded securities
beginning of year $93,902,400 · end of year $67,170,359
-
12 · Investments: other securities
beginning of year $113,188,568 · end of year $102,350,208
-
17 · Accounts payable and accrued expenses
beginning of year $159,353 · end of year $163,360
-
18 · Grants payable
beginning of year $9,250,000 · end of year $3,825,000
-
23 · Secured mortgages and notes payable
beginning of year $15,000,000 · end of year $19,000,000
-
27 · Net assets without donor restrictions
beginning of year $185,443,632 · end of year $152,720,966
Mission and programs · 2022
Mission
THE FOUNDATION WAS CHARTERED IN 1990 TO SUPPORT THE WORK OF FAMILY HEALTH INTERNATIONAL.
-
FUNDS PROVIDED TO FAMILY HEALTH INTERNATIONAL, A PUBLIC CHARITY AND GLOBAL DEVELOPMENT ORGANIZATION EMPLOYING MULTISCIPLINARY, EVIDENCE BASED APPROACHES TO ADDRESS THE HEALTH AND SOCIOECONOMIC CHALLENGES OF MILLIONS OF LIVES IN DISADVANTAGED COMMUNITIES THROUGHOUT THE WORLD.
Expenses $4,885,309 · Grants $4,885,309
As filed on the 2022 return.
Listed in Part VII
-
ALBERT SIEMENS
TRUSTEE / CHAIR
- Total calculated
- $7,890
- From this org
- $7,890
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6 + 2 related
-
RHONDA SMITH
TRUSTEE / TREASURER
- Total calculated
- $7,890
- From this org
- $7,890
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
SAMRA HAIDER
TRUSTEE
- Total calculated
- $7,890
- From this org
- $7,890
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
PHILIP LOCHNER
TRUSTEE
- Total calculated
- $20,130
- From this org
- $7,890
- From related orgs
- $12,240
- Other
- $0
- Hours/week
- 2 + 6 related
-
EDWARD WHITEHORNE
TRUSTEE / CHAIR INVESTMENT
- Total calculated
- $7,890
- From this org
- $7,890
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2 + 6 related
-
THOMAS ZIZIC
TRUSTEE
- Total calculated
- $7,890
- From this org
- $7,890
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
ARON BETRU
TRUSTEE
- Total calculated
- $11,310
- From this org
- $5,730
- From related orgs
- $5,580
- Other
- $0
- Hours/week
- 2 + 2 related
-
ELEANOR HSU
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
ROBERT PRICE
GENERAL COUNSEL AND SECRET
- Total calculated
- $82,421
- From this org
- $38,400
- From related orgs
- $44,021
- Other
- $0
- Hours/week
- 4 + 8 related
-
RASIKA PADMAPERUMA
ASSISTANT TREASURER
- Total calculated
- $363,480
- From this org
- $27,500
- From related orgs
- $308,850
- Other
- $27,130
- Hours/week
- 4 + 40 related
Schedule J breakdown matched by us
- Base
- $27,500 + $308,850 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $27,130 related
- Filer's total
- $27,500 + $335,980 related
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
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
-
$4,885,309
GENERAL SUPPORT
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.
-
501(C)(3) · GLOBAL HEALTH & DEVELOPMENT · NC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · CLINICAL RESEARCH ORGANIATION · DE
Directly controlled by FAMILY HEALTH INTERNATIONAL (FHI 360)
-
C · ACHIEVEMENT OF SOCIAL IMPACT THROUGH SUPPORT TO ENTREPRENEURS · NC
Directly controlled by FAMILY HEALTH INTERNATIONAL (FHI 360)
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313189349308416
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