2025-02-21T09:56:18-06:00 2024-12-31 992277914 EAG NEW ENGLAND LLC 160 FEDERAL STREET 9TH FLOOR BOSTON MA 02110 990 2024-01-01 262069322 ADM CAPITAL FOUNDATION INC ADMC 2076918088 859 WILLARD STREET 400 QUINCY MA 02169 LISA GENASCI PRESIDENT/TREASURER 2076918088 2025-02-21 1 0 EUGENE BORGONZI P01269879 6172276161 2025-02-19 2024 2025-03-06 01:10:19Z LISA GENASCI 859 WILLARD STREET 400 QUINCY MA 02169 404766 0 X HTTP://ADMCF.ORG X 2008 MA ADM CAPITAL FOUNDATION, INC. SUPPORTS ORGANIZATIONS AND PROJECTS THAT WORK TOWARDS ENVIRONMENTAL CONSERVATION, THE ALLEVIATION OF POVERTY, AND THE EDUCATION OF UNDERPRIVILEGED CHILDREN IN ASIA. 3 3 0 0 0 0 388096 404246 0 0 604 520 0 0 388700 404766 413096 419246 0 0 0 0 0 0 0 25268 15027 438364 434273 -49664 -29507 38769 59579 12345 62662 26424 -3083 ADM CAPITAL FOUNDATION, INC. 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SUPPORTS ORGANIZATIONS AND PROJECTS THAT WORK TOWARDS ENVIRONMENTAL CONSERVATION, THE ALLEVIATION OF POVERTY, AND THE EDUCATION OF UNDERPRIVILEGED CHILDREN IN ASIA. 419246 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 HK 0 0 0 0 0 0 0 0 0 0 X 3 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA NY X LISA GENASCI 2076918088 859 WILLARD STREET STE 400 QUINCY MA 02169 LISA GENASCI PRESIDENT/TREASURER/DIRECTOR 1.00 5.00 X X 0 0 0 ROBERT APPLEBY DIRECTOR 1.00 2.00 X 0 0 0 CHRISTOPHER BOTSFORD DIRECTOR 1.00 2.00 X 0 0 0 LINDA WEN CLERK 2.00 40.00 X 0 160000 12300 0 160000 12300 0 0 1 0 0 404246 404246 520 520 404766 0 0 520 419246 419246 12935 12935 452 452 1000 1000 BANK CHARGES 471 471 STATE FILING FEES 169 169 434273 419246 15027 0 97 301 38672 59278 38769 59579 12345 12662 50000 12345 62662 X 11424 -3083 15000 0 26424 -3083 38769 59579 -29507 0 X X 1 X 0 1 0 X 530000 21900 409744 388096 404246 1753986 530000 21900 409744 388096 404246 1753986 909584 844402 1 1 72 604 520 1198 1755184 0.48110 0.37620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION N/A 419246 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 INVESTMENTS HELD IN REGION (INTEREST BEARING CASH ACCOUNTS) N/A 54876 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANT FROM DONOR IN REGION N/A 0 0 0 0 0 0 474122 0 474122 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, ENVIRONMENTAL CONSERVATION, THE ALLEVIATION OF POVERTY, AND THE EDUCATION OF UNDERPRIVILEGED CHILDREN IN ASIA 419246 WIRE TRANSFER 0 N/A N/A 1 0 1 0 0 0 0 0 PART I, LINE 2: AHEAD OF ANY TRANSFER OF FUNDS, THE ORGANIZATION SPENDS TIME WITH EACH POTENTIAL GRANTEE LOCALLY, MEETING TRUSTEES, EXISTING DONORS, AND OTHER EXISTING ORGANIZATIONS LOCALLY TO UNDERSTAND THE CONTEXT AND MEETING WITH LOCAL OFFICIALS AS NECESSARY. THE ORGANIZATION ALSO CONDUCTS A REVIEW OF THE FINANCIAL PRACTICES AND MANAGEMENT OF A POTENTIAL GRANTEE. ONCE A DECISION IS MADE TO AWARD FUNDS, A MEMORANDUM OF UNDERSTANDING IS SIGNED BETWEEN THE ORGANIZATION AND THE GRANTEE ESTABLISHING THE EXPECTATIONS FOR USE OF FUNDS, MILESTONES AND REPORTING FOLLOWING THE TRANSFER OF FUNDS. THE ORGANIZATION SPENDS TIME WITH EACH GRANTEE ORGANIZATION LOCALLY AT LEAST EVERY TWO MONTHS TO MAKE SURE THAT FUNDS ARE PROPERLY USED AND THAT THE PROGRAM IS ON SCHEDULE. THIS INCLUDES A REGULAR REVIEW OF ACCOUNTING RECORDS AND ASSESSMENT OF IMPACT. SO FAR THE ORGANIZATION EITHER TAKES A SEAT ON THE BOARD OF THE GRANTEE ORGANIZATION OR PARTICIPATES IN BOARD MEETINGS. PART I, LINE 3: THE ORGANIZATION USES THE ACCURAL METHOD TO ACCOUNT FOR EXPENDITURES. PART II, LINE 1 ACCOUNTING METHOD: THE ORGANIZATION USES THE ACCRUAL METHOD TO ACCOUNT FOR GRANTS. FORM 990 SCHEDULE F, PART IV, LINE 1 THE ORGANIZATION TRANSFERRED CASH TO A FOREIGN CORPORATION DURING 2024 IN THE FORM OF A GRANT. THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 926 BECAUSE IT DID NOT RECEIVE AN OWNERSHIP INTEREST OR CONTROL IN THE FOREIGN CORPORATION AS A RESULT OF THE TRANSFER. THE TRANSFER OF CASH WAS A GRANT TO A FOREIGN CHARITABLE ORGANIZATION. 0 0 0 0 0 0 0 0 0 LINDA WEN CLERK 0 160000 0 0 0 0 0 2300 0 10000 0 172300 0 0 FORM 990, PART VI, SECTION A, LINE 2 LINDA WEN & CHRISTOPHER BOTSFORD - BUSINESS RELATIONSHIP LINDA WEN & LISA GENASCI - BUSINESS RELATIONSHIP LINDA WEN & ROBERT APPLEBY - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT OF THE FOUNDATION MEETS WITH THE DIRECTORS AND ADM CAPITAL LEGAL COUNSEL AND REVIEWS A COPY OF THE FORM 990 BEFORE IT IS FILED FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION IS SMALL AND ALL BOARD MEMBERS ARE IN REGULAR CONTACT, WHICH ALLOWS THE ORGANIZATION TO BE AWARE OF ANY POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST FORM 990, PART XII, LINE 2C THE ORGANIZATION'S OVERSIGHT/SELECTION PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. ADM CAPITAL FOUNDATION LTD UNIT 2405 9 QUEENS ROAD CENTRAL HK SUPPORT ORGANIZATION & PROJECTS THAT WORK TOWARD ENVIRONMENTAL CONSERVATION HK 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 FORM 990, SCHEDULE R, PART II, COLUMN B PRIMARY ACTIVITY SUPPORT OF ORGANIZATIONS AND PROJECTS THAT WORK TOWARDS ENVIRONMENTAL CONSERVATION, THE ALLEVIATION OF POVERTY, AND THE EDUCATION OF UNDERPRIVILEGED CHILDREN IN ASIA. FORM 990, SCHEDULE R, PART II, COLUMNS D & E - CODE SECTION & CHARITY STATU ADM CAPITAL FOUNDATION LTD IS A FOREIGN CHARITABLE ORGANIZATION ENGAGED IN ENVIRONMENTAL CONSERVATION AND CHILDREN AT RISK PROJECTS IN ASIA. IT HAS BEEN GRANTED TAX-EXEMPT STATUS BY THE HONG KONG GOVERNMENT INLAND REVENUE ORDINANCE BUT IT HAS NOT APPLIED FOR OR BEEN GRANTED TAX-EXEMPT STATUS UNDER 501(C)(3) BY THE INTERNAL REVENUE SERVICE. PER IRS INSTRUCTIONS FOR COLUMNS D & E, FOR PURPOSES OF SCHEDULE R, ADM CAPITAL FOUNDATION INC (THE REPORTING ORGANIZATION) CAN TREAT AS A SECTION 501(C)(3) PUBLIC CHARITY ORGANIZATION A RELATED FOREIGN ORGANIZATION RECOGNIZED AS A CHARITY BY THE FOREIGN COUNTRY, OR FOR WHICH THE FILING ORGANIZATION HAS MADE A REASONABLE JUDGEMENT THAT THE FOREIGN ORGANIZATION IS DESCRIBED IN SECTION 501(C)(3). THEREFORE, THE REPORTING ORGANIZATION HAS REPORTED ADM CAPITAL FOUNDATION LTD AS EXEMPT UNDER 501(C)(3) IN COLUMNS D & E OF SCHEDULE R.