Unicef Usa Impact Fund For Children Inc
- Assets
- $69.5m
- Revenue
- $36.5m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/2005
- Data as of
- 06/2023
- EIN
- 20-3287404
Organization Overview
Unicef Usa Impact Fund For Children Inc is located in New York, NY. The organization was established in 2005. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Unicef USA Impact Fund For Children Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Unicef USA Impact Fund For Children Inc generated $36.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $35.6m during the year ending 06/2023. While expenses have increased by 5.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
UNICEF USA IMPACT FUND FOR CHILDREN EXISTS TO EXPAND THE CONTINUUM OF FINANCING FOR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNICEF USA IMPACT FUND FOR CHILDREN OPERATES AND ADMINISTERS THE BRIDGE FUND. THE BRIDGE FUND FAST-TRACKS CRITICAL FUNDING TO THE FIELD TO ELIMINATE CASH GAPS AND PROVIDE UNINTERRUPTED AND EXPEDITED ACCESS TO CRITICAL PROGRAMS FOR CHILDREN. IT WAS CREATED SO UNICEF CAN COMPLETE IMMUNIZATION CAMPAIGNS BEFORE CHILDREN CONTRACT DEADLY DISEASES, DELIVER DESKS THAT ARRIVE BEFORE SCHOOL STARTS, AND FAST-TRACK EMERGENCY RELIEF TO DESPERATE FAMILIES JUST DAYS AFTER A NATURAL DISASTER. IT DOES THIS BY ACCELERATING FUNDING FOR UNICEF DEVELOPMENT PROGRAMS, PROCUREMENT OF SUPPLIES, HUMANITARIAN EMERGENCY RESPONSE, AND GROWING FUTURE FUNDRAISING REVENUE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Nyenhuis Director | Trustee | 1 | $0 |
Cristina Shapiro-Alster President/director | OfficerTrustee | 35 | $0 |
Glen Baptist Director/chair | OfficerTrustee | 1 | $0 |
Jennifer Pryce Director | Trustee | 1 | $0 |
Vidya Vasu-Devan Director (as Of 1/5/2023) | Trustee | 1 | $0 |
Mindy Grossman Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $10,096,798 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,426,136 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,522,934 |
| Total Program Service Revenue | $0 |
| Investment income | -$1,017,171 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,505,763 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $33,074,654 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $474,316 |
| Compensation of current officers, directors, key employees. | $15,419 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $486,923 |
| Pension plan accruals and contributions | $22,162 |
| Other employee benefits | $50,700 |
| Payroll taxes | -$12,103 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,806 |
| Fees for services: Accounting | $2,397 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $44,304 |
| Fees for services: Other | $248,881 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $126,743 |
| Travel | $19,408 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,065,109 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $267 |
| Total functional expenses | $35,609,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,213,714 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,586,510 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $22,194,759 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,540,986 |
| Total assets | $69,535,969 |
| Accounts payable and accrued expenses | $417,133 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $40,475,000 |
| Other liabilities | $6,375,000 |
| Total liabilities | $47,267,133 |
| Net assets without donor restrictions | $23,770,326 |
| Net assets with donor restrictions | -$1,501,490 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $69,535,969 |
Grants Awarded
Over the last fiscal year, Unicef Usa Impact Fund For Children Inc has awarded $523,753 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
IBN SINA FOUNDATION INC PURPOSE: to support the Foundation to bridge the growing gap between the health care needs of a rapidly expanding population of under-served families and the ability of existing public instituions to meet their needs. | $265,460 |
INTERFAITH MINISTRIES OF GREATER HOUSTON PURPOSE: To support bringing people of diverse faith traditions together for dialoque collaboration, and service as a demonstration of our shared beliefs. | $100,000 |
WILLIAM MARSH RICE UNIVERSITY PURPOSE: TO SUPPORT THE HURRICANE EMERGENCY RECOVERY | $158,293 |