2025-10-23T12:39:06-05:00 2024-12-31 350921680 CROWE LLP 401 E LAS OLAS BLVD SUITE 1100 FORT LAUDERDALE FL 333014230 990 2024-01-01 843299461 THE UNIVERSITY OF THE BAHAMAS US FOUNDATION INC UNIV 9544681748 1404 E LAS OLAS STE 2014 FORT LAUDERDALE FL 33303 DR ROBERT BLAINE PRESIDENT 9544681748 2025-10-23 1 0 BRITTNEY KOCAJ P01320603 9542028600 2025-10-23 2024 2025-03-06 01:10:19Z DR ROBERT BLAINE 1404 E LAS OLAS STE 2014 FORT LAUDERDALE FL 33303 544624 0 X HTTPS://WWW.UB.EDU.BS/GIVING/? X 2019 FL TO RENDER FINANCIAL ASSISTANCE FOR THE EDUCATIONAL PURPOSES OF THE UNIVERSITY OF THE BAHAMAS. 6 6 0 6 0 0 724230 544624 0 0 0 0 0 0 724230 544624 232145 689636 0 0 0 0 0 0 0 380 14712 232525 704348 491705 -159724 629744 470020 0 0 629744 470020 TO MAKE GRANTS AND CONTRIBUTIONS AND OTHERWISE RENDER FINANCIAL ASSISTANCE FOR THE EDUCATIONAL PURPOSES OF THE UNIVERSITY OF THE BAHAMAS TO ENHANCE AND ENRICH THE ACADEMIC AND STUDENT LIFE OF THE UNIVERSITY. 0 0 704348 689636 THE UNIVERSITY OF THE BAHAMAS US FOUNDATION (FOUNDATION) WORKS TO ENHANCE AND ENRICH THE ACADEMIC AND STUDENT LIFE OF THE UNIVERSITY THROUGH BUILDING LINKS AMONG US-BASED ALUMNI AND FRIENDS OF THE UNIVERSITY. THE FOUNDATION MAKES GRANTS AND CONTRIBUTIONS AND OTHERWISE RENDERS FINANCIAL ASSISTANCE FOR THE EDUCATIONAL PURPOSES OF THE UNIVERSITY OF THE BAHAMAS. 704348 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 FL X JUDITH SMITH 9544681748 1404 E LAS OLAS STE 2014 FORT LAUDERDALE FL 33303 X JANYNE HODDER PRESIDENT 2.00 X X 0 0 0 DINO M HERNANDEZ TREASURER 10.00 X X 0 0 0 TRACY FERGUSON - JOHNSON VICE CHAIR/DIRECTOR 1.00 X X 0 0 0 ALESSANDRA HOLOWESKO SECRETARY/DIRECTOR 1.00 X X 0 0 0 DEBBIE GERACE DIRECTOR 1.00 X 0 0 0 KENYADA MEADOWS DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 544624 544624 544624 0 0 0 689636 689636 3221 3221 2491 2491 9000 9000 704348 704348 0 0 629744 470020 629744 470020 0 0 X 0 0 0 0 629744 470020 629744 470020 629744 470020 -159724 0 X 0 0 0 X 538853 457150 448757 724230 544624 2713614 538853 457150 448757 724230 544624 2713614 1839342 874272 2713614 0.32220 X THE ORGANIZATION'S PUBLIC SUPPORT PERCENTAGE IS 32.22% OVER THE MOST RECENT FIVE-YEAR PERIOD, AS REFLECTED IN SCHEDULE A, PART II. WHILE THIS PERCENTAGE IS SLIGHTLY BELOW THE 33 1/3% SUPPORT TEST, IT IS WELL ABOVE THE 10% THRESHOLD REQUIRED UNDER TREAS. REG. 1.170A-9(F)(3)(I). THE PROXIMITY OF THE ORGANIZATION'S PUBLIC SUPPORT PERCENTAGE TO THE 33 1/3% LEVEL, TOGETHER WITH THE FACTS AND CIRCUMSTANCES DESCRIBED BELOW, DEMONSTRATE THAT THE ORGANIZATION QUALIFIES AS A PUBLICLY SUPPORTED ORGANIZATION.THE ORGANIZATION IS ORGANIZED AND OPERATED TO CONTINUOUSLY ATTRACT NEW AND ADDITIONAL PUBLIC AND GOVERNMENTAL SUPPORT. ITS ACTIVITIES ARE DESIGNED TO EXPAND ITS DONOR BASE, SECURE RECURRING CONTRIBUTIONS, AND ESTABLISH NEW SOURCES OF SUPPORT. THE ORGANIZATION IS COMMITTED TO INVESTING ADDITIONAL RESOURCES INTO A BUSINESS DEVELOPMENT DEPARTMENT, TASKED WITH IDENTIFYING AND APPLYING FOR NEW GRANTS FROM BOTH PRIVATE AND GOVERNMENTAL SOURCES. THESE EFFORTS WILL FURTHER DIVERSIFY ITS DONOR BASE.THE ORGANIZATION EXISTS TO PROVIDE FINANCIAL ASSISTANCE FOR THE EDUCATIONAL PURPOSES OF THE UNIVERSITY OF THE BAHAMAS, A NATIONAL PUBLIC INSTITUTION OF HIGHER EDUCATION. THROUGH GRANTS AND CONTRIBUTIONS, THE ORGANIZATION SUPPORTS SCHOLARSHIPS, ACADEMIC PROGRAMS, FACULTY INITIATIVES, AND STUDENT SERVICES. THESE ACTIVITIES PROVIDE DIRECT AND ONGOING BENEFITS TO THE GENERAL PUBLIC BY SUPPORTING ACCESS TO AND THE QUALITY OF HIGHER EDUCATION.THE ORGANIZATION MAINTAINS ACCOUNTABILITY MEASURES TO ENSURE THAT GRANTS ARE USED FOR THEIR INTENDED CHARITABLE PURPOSES. WRITTEN REQUESTS ARE REVIEWED PRIOR TO THE ISSUANCE OF GRANTS, AND GRANTEES ARE REQUIRED TO PROVIDE QUARTERLY PROGRESS REPORTS AND AN ANNUAL REPORT TO THE ORGANIZATION.IN LIGHT OF ITS (I) PUBLIC SUPPORT PERCENTAGE OF 32.22%, WHICH IS WELL ABOVE THE 10% MINIMUM, (II) CONTINUOUS AND BONA FIDE FUNDRAISING PROGRAM, (III) DIRECT PROVISION OF BENEFITS TO THE GENERAL PUBLIC THROUGH SUPPORT OF A NATIONAL PUBLIC UNIVERSITY, AND (IV) OVERSIGHT AND ACCOUNTABILITY MECHANISMS, THE ORGANIZATION SATISFIES THE FACTS AND CIRCUMSTANCES TEST UNDER TREAS. REG. 1.170A-9(F)(3)(I)(III) AND SHOULD BE TREATED AS A PUBLICLY SUPPORTED CHARITY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING 689636 0 0 0 0 0 0 689636 0 689636 CENTRAL AMERICA AND THE CARIBBEAN GENERAL PURPOSE 689636 WIRE TRANSFER 0 1 0 0 0 0 0 0 0 PART I, LINE 2: THE FOUNDATION'S PURPOSE IS TO MAKE GRANTS AND CONTRIBUTIONS AND OTHERWISE RENDER FINANCIAL ASSISTANCE FOR EDUCATIONAL PURPOSES TO THE UNIVERSITY OF THE BAHAMAS. THE FOUNDATION USES THE FOLLOWING PROCESSES TO ENSURE GRANTS ARE USED IN THE INTENDED MANNER. THE FOUNDATIN REVIEWS WRITTEN REQUESTS FOR GRANTS THAT SUPPORT THE UNIVERSITY. GRANTEES ARE REQUIRED TO PROVIDE QUARTERLY PROGRESS REPORTS AND AN ANNUAL REPORT TO THE FOUNDATION. PART I, LINE 3: ACCRUAL FORM 990, PART VI, SECTION A, LINE 1A ARTICLE VII, SECTION 1 OF THE FOUNDATION'S BYLAWS PROVIDE THAT AN ADVISORY COMMITTEE CONSISTING OF THE CHAIRMAN AND VICE-CHAIRMAN MAY BE FORMED BY THE MAJORITY OF THE DIRECTORS PRESENT AT A MEETING IN WHICH QUORUM IS PRESENT. THE ADVISORY COMMITTEE MAY INCLUDE SUCH OTHER BOARD MEMBERS AS THE BOARD SHALL PROVIDE. THE ADVISORY COMMITTEE SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE PERIOD(S) BETWEEN MEETINGS OF THE BOARD, EXCEPT THAT ADVISORY COMMITTEES SHALL NOT HAVE THE AUTHORITY OF THE BOARD OF DIRECTORS IN REFERENCE TO AMENDING, ADOPTING OR REPEALING THE BYLAWS, ELECTION, APPOINTING OR REMOVING MEMBERS OF ANY COMMITTEE OR AMENDING THE ARTICLES OF INCORPORATION; ADOPTING A PLAN OF MERGER OR CONSOLIDATION AUTHORIZING THE SALE, EXCHANGE, LEASE OR MORTGAGE OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE CORPORATION; AUTHORIZING VOLUNTARY DISSOLUTION OF THE CORPORATION. DECISIONS OR ACTIONS OF THE ADVISORY COMMITTEE SHALL BE REPORTED TO THE BOARD OF THE DIRECTORS AT ITS NEXT MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR. PRIOR TO FILING WITH THE IRS, A FINAL COPY OF THE FORM 990 IS PROVIDED TO THE DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWER SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON : A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST BE ENGAGED PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. EACH INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST. AFTER SUCH DISCLOSURE, THE INTERESTED PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEMBER OF WHICH A DETERMINATION OF A CONFLICT IS DISCUSSED AND VOTED UPON BY THE REMAINING BOARD OR COMMITTEE MEMBERS TO DETERMINE IF A CONFLICT OF INTEREST EXISTS. IF IT IS DETERMINED A CONFLICT OF INTEREST EXISTS, THAT PERSON SHALL LEAVE THE MEETING OR THE DISCUSSION OF AND VOTE ON THE TRANSACTION THAT RESULTS IN THE CONFLICT OF INTEREST. A VOTING MEMBER, OR VOTING MEMBER OF THE COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSTION MATTERS, WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE FOUNDATION FOR SERVICES, IS PRECLUDED FROM VOTING ON MATTERS RELATED TO THAT MEMBER'S COMPENSATION. FORM 990, PART VI, SECTION B, LINE 15 AT THIS TIME THE ORGANIZATION DOES NOT COMPENSATE ANY INDIVIDUAL, THEREFORE QUESTIONS 15A AND 15B HAVE BEEN INTENTIONALLY ANSWERED 'NO'. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME.