2024-11-14T14:12:29-06:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-01-01 844533641 VITAL STRATEGIES ACTION FUND INC VITA 6463437051 100 BROADWAY 4TH FL NEW YORK NY 10005 WALLACE D'SOUZA CFO 6463437051 2024-11-14 1 1 EVA MRUK P00543254 9143818900 2024-11-11 2023 2024-10-15 13:58:12Z WALLACE D'SOUZA 100 BROADWAY 4TH FL NEW YORK NY 10005 4605000 0 X N/A X 2020 DE WE ARE A GLOBAL HEALTH ORGANIZATION WORKING TO ADVANCE HEALTH FOCUSED PUBLIC POLICY. 6 6 0 8 0 0 0 4605000 0 0 0 0 0 0 0 4605000 0 2060993 0 0 0 0 0 0 24398 0 610035 0 2671028 0 1933972 5000 2172639 6047 242053 -1047 1930586 X THE ACTION FUND IS ORGANIZED TO PROMOTE LEGISLATION, REGULATION AND GOVERNMENT PROGRAMS TO STRENGTHEN PUBLIC HEALTH SYSTEMS AND ADDRESS THE WORLD'S LEADING CAUSES OF ILLNESS, INJURY AND DEATH. 0 0 2103621 1850000 0 FOOD POLICY PROGRAM:VITAL STRATEGIES ACTION FUND, INC. SUPPORTS PARTNERS WORKS IN LOW AND MIDDLE-INCOME COUNTRIES TO ADVOCATE FOR LEGISLATION, REGULATIONS AND GOVERNMENT PROGRAMS TO ACHIEVE HEALTHY FOOD POLICY GOALS THAT ADDRESS THE GLOBAL HARM TO HEALTH CAUSED BY ULTRA-PROCESSED PRODUCTS (UPPS) AND PROMOTE HEALTHIER FOOD ENVIRONMENTS. IN FY 2023, THE FOOD POLICY PROGRAM PROVIDED SUBGRANTS FOR LEGISLATIVE LOBBYING ACTIVITIES IN BRAZIL AND BARBADOS. IN BRAZIL, THE FOOD POLICY PROGRAM CONTRACTED WITH ACT, HEALTH PROMOTION (ACT) TO CONDUCT MASS MEDIA COMMUNICATION CAMPAIGNS IN SUPPORT OF A TAX REFORM ON ULTRA-PROCESSED PRODUCTS (UPPS) AND SUGARY AND SWEETENED BEVERAGES; AND TO THE BRAZILIAN INSTITUTE FOR CONSUMER RIGHTS (IDEC) FOR REGIONAL HEALTHY SCHOOL FOOD LEGISLATION. BY THE END OF FY 2023, MORE THAN 63 MILLION PEOPLE WERE REACHED BY TWO MASS MEDIA COMMUNICATION CAMPAIGNS LED BY ACT. ON DECEMBER 15, 2023, THE TAX REFORM IN BRAZIL WAS APPROVED WITH THE INCLUSION OF A SELECTIVE TAX ON "GOODS AND SERVICES THAT CAUSE HARMS TO HEALTH AND ENVIRONMENT." IDEC'S SCHOOL LEGISLATIVE CAMPAIGN REACHED MORE THAN 6 MILLION PEOPLE IN THE STATE OF BAHIA AND THE CITIES OF RECIFE AND RIBEIRO PRETO. IN BARBADOS, THE FOOD POLICY PROGRAM CONTRACTED WITH THE HEART AND STROKE FOUNDATION OF BARBADOS TO SUPPORT THE DEVELOPMENT OF A MASS MEDIA COMMUNICATION CAMPAIGN STRATEGY TO ADVOCATE FOR FRONT-OF-PACKAGE-WARNING LABEL LEGISLATION. THE CAMPAIGN IS PLANNED FOR LATE 2024. 232281 210993 RESET ALCOHOL:RESET ALCOHOL IS A PUBLIC HEALTH INITIATIVE WHICH BRINGS TOGETHER NATIONAL GOVERNMENTS, CIVIL SOCIETY AND GLOBAL LEADERS TO ADVANCE POLICIES FROM THE WORLD HEALTH ORGANIZATION'S SAFER PACKAGE TO REDUCE THE HEALTH, SOCIAL AND ECONOMIC HARMS OF ALCOHOL. WORKING PRIMARILY IN BRAZIL, COLOMBIA, KENYA, MEXICO, PHILIPPINES, AND SRI LANKA, RESET ALCOHOL ACTIVITIES INCLUDE PROVIDING FINANCIAL AND TECHNICAL SUPPORT TO GOVERNMENTS, CIVIL SOCIETY ORGANIZATIONS AND TECHNICAL POLICY INSTITUTIONS. THE INITIATIVE IS LED BY VITAL STRATEGIES IN COLLABORATION WITH JOHNS HOPKINS UNIVERSITY, GLOBAL ALCOHOL POLICY ALLIANCE (GAPA), MOVENDI INTERNATIONAL, THE NCD ALLIANCE, AND WORLD HEALTH ORGANIZATION (WHO). IN 2023, RESET PARTNERS HOSTED A SESSION AT THE 7TH ANNUAL GLOBAL ALCOHOL POLICY CONFERENCE IN CAPE TOWN, IN WHICH PROJECT LEADERS SHARED THEIR RESEARCH AND ADVOCACY EXPERIENCES PUTTING RESET STRATEGIES INTO PRACTICE. RESET ALSO CO-HOSTED AN EVENT WITH WHO SAFER THAT GATHERED POLICYMAKERS, RESEARCHERS, AND ADVOCATES FROM 11 COUNTRIES WORKING ON ALCOHOL CONTROL POLICY TO SHARE KNOWLEDGE, BEST PRACTICES, AND LESSONS LEARNED.RESET SRI LANKA'S ALCOHOL AND DRUG INFORMATION CENTRE CONDUCTED A COMPREHENSIVE PUBLIC OPINION POLL ON SRI LANKANS' KNOWLEDGE OF ALCOHOL AND ATTITUDES ABOUT ITS CONSUMPTION AND REGULATION. IN ADDITION RESET DEVELOPED A NEW EVIDENCE MATRIX ON THE ECONOMICS OF ALCOHOL USE AND CONTROL IN SRI LANKA BASED ON 3 DOZEN STUDIES CONDUCTED BETWEEN 2003-2022.RESET MEXICO'S RESEARCH CENTER CEIP SPEARHEADED THE COMPLETION OF A SIMILAR MATRIX APPLICABLE TO ALCOHOL POLICY PATTERNS IN MEXICO CULLED FROM 24 YEARS OF STUDIES, BRIEFS, AND OTHER ASSETS.RESET CIVIL SOCIETY PARTNERS VITAL BRAZIL AND ACT BRAZIL COLLABORATED TO LAUNCH A FACT SHEET THAT ADDRESSES THE NEED FOR RAISING ALCOHOL TAXES IN BRAZIL. THE MATERIAL WAS LATER USED BY ACT FOR ADVOCACY AT THE BRAZILIAN CONGRESS. 2335902 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 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 1 0 0 0 0 0 0 0 1 1 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 X WALLACE D'SOUZA 6463437051 100 BROADWAY 4TH FL NEW YORK NY 10005 X DAVID A CAPUTO CHAIR 1.50 X X 0 0 0 TONYA GAYLE SECRETARY 1.00 X X 0 0 0 TING TING CHENG TREASURER 1.00 X X 0 0 0 PETER BALDINI TRUSTEE 1.00 X 0 0 0 CHRIS CASTAGNA TRUSTEE 1.00 X 0 0 0 JOANNA THOMAS TRUSTEE 1.00 X 0 0 0 RENEE RIDZON TRUSTEE (THRU MAR 2023) 1.00 X 0 0 0 JOSE LUIS CASTRO EXECUTIVE DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 4605000 4605000 4605000 0 0 0 2060993 2060993 59424 59424 59 59 43207 43207 22766 22766 ALLOCATED OVERHEAD 481942 190154 267390 24398 MISCELLANEOUS 2637 2565 72 2671028 2335902 310728 24398 5000 2172639 5000 2172639 6047 3207 0 238846 6047 242053 X -1047 110987 0 1819599 -1047 1930586 5000 2172639 X 1933972 -2339 X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 DUE TO VITAL STRATEGIES, INC. 238846 238846 X 4605000 0 4605000 0 4605000 2673367 2339 2339 2671028 0 2671028 PART X, LINE 2: THE ACTION FUND RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ACTION FUND HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. YEARS SINCE INCEPTION REMAIN OPEN TO EXAMINATION. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSSES ON FOREIGN CURRENCY TRANSLATION 2,339. 1 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 37112 SOUTH ASIA 0 0 GRANTMAKING 79478 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 26834 EUROPE 0 0 GRANTMAKING 35347 NORTH AMERICA 0 0 GRANTMAKING 50000 SOUTH AMERICA 0 0 GRANTMAKING 1832222 CENTRAL AMERICA AND THE CARIBBEAN 0 1 PROGRAM SERVICES FOOD POLICY PROGRAM 20637 SUB-SAHARAN AFRICA 0 1 PROGRAM SERVICES FOOD POLICY PROGRAM 24131 SOUTH AMERICA 0 1 PROGRAM SERVICES FOOD POLICY PROGRAM 4354 SOUTH ASIA 0 1 PROGRAM SERVICES FOOD POLICY PROGRAM 10302 0 2 0 2 0 4 2105761 14656 2120417 SOUTH AMERICA FOOD POLICY & RESET ALCOHOL PROGRAMS 1519444 WIRE 0 SOUTH AMERICA FOOD POLICY PROGRAM 300000 WIRE 0 SOUTH ASIA RESET ALCOHOL PROGRAM 79478 WIRE 0 NORTH AMERICA FOOD POLICY PROGRAM 50000 WIRE 0 EUROPE RESET ALCOHOL PROGRAM 30223 WIRE 0 EAST ASIA AND THE PACIFIC RESET ALCOHOL PROGRAM 18394 WIRE 0 SUB-SAHARAN AFRICA RESET ALCOHOL PROGRAM 15823 WIRE 0 SUB-SAHARAN AFRICA RESET ALCOHOL PROGRAM 12500 WIRE 0 SUB-SAHARAN AFRICA RESET ALCOHOL PROGRAM 8789 WIRE 0 EAST ASIA AND THE PACIFIC RESET ALCOHOL PROGRAM 8440 WIRE 0 SOUTH AMERICA RESET ALCOHOL PROGRAM 7339 WIRE 0 SOUTH AMERICA RESET ALCOHOL PROGRAM 5439 WIRE 0 EUROPE RESET ALCOHOL PROGRAM 5124 WIRE 0 13 0 0 0 0 0 0 0 PART I, LINE 2: VITAL STRATEGIES ACTION FUND, INC. IS BOTH A RECIPIENT AND ISSUER OF GRANT FUNDING. THE ORGANIZATION MAINTAINS A GRANT FUNDING MONITORING SYSTEM TO EFFECTIVELY MONITOR, AND REPORT RESULTS OF GRANT FUNDING ISSUED TO RECIPIENTS. THE DIRECT MANAGEMENT OF FUNDS IS THE RESPONSIBILITY OF THE PROGRAM OFFICERS AND GRANTS MANAGER FOR THE RESPECTIVE CONTRACT OR AGREEMENT. ALL GRANTS MANAGERS REVIEW COMPLETION OF SCOPE OF WORK DELIVERABLES VIA EMAIL FOLLOW-UP AND SCHEDULED CHECK-IN PHONE CALLS AT KEY PROJECT INTERVALS PRIOR TO SIGNING OFF ON SUBMITTED INVOICES. FOR GRANTEES, FINANCE REQUIRES AND REVIEWS QUARTERLY FINANCIAL REPORTS TO VALIDATE AND RECONCILE REPORTED EXPENSES. THESE REPORTS ARE FIRST REVIEWED BY GRANTS MANAGERS PRIOR TO BEING REVIEWED BY THE FINANCE TEAM. SPECIFICALLY, WE HAVE MECHANISMS IN PLACE, SUCH AS FINANCIAL REPORTS AND TECHNICAL REPORTS. CONSULTANTS, VENDORS AND GRANTEES ARE SELECTED IN PARTNERSHIP WITH CITY AND/OR COUNTRY GOVERNMENT PARTNERS AND KEY INITIATIVE PARTNERS. FOR CONSULTANTS, ALL AFFILIATED PARTIES AGREE ON A SCOPE OF WORK AND THE CONSULTANT POSITION IS EITHER POSTED OR SHARED WITH KEY PARTNERS TO DEVELOP A WIDE POOL OF INDIVIDUAL CANDIDATES. CONSULTANTS ARE THEN INTERVIEWED IN ACCORDANCE WITH THE AGREED-UPON INTERVIEW FORMAT AND SELECTED FOR EACH POSITION. VENDORS ARE SELECTED EITHER VIA A BIDDING PROCESS OR VIA SOLE SOURCE SELECTION BASED ON INTERNAL CITY/COUNTRY OR INITIATIVE PARTNER EXPERIENCE. GRANTEES ARE USUALLY IDENTIFIED WITH THE ASSISTANCE OF INTERNAL CITY/COUNTRY PARTNERS FOR A SPECIFIC PURPOSE BASED ON THE DOLLAR AMOUNT BEING CHARGED AND THE ANTICIPATED SCOPE OF WORK. WHERE POSSIBLE, THE GRANTEES FOR BOTH INITIATIVES ARE THE IDENTIFIED CITY/GOVERNMENT PARTNERS THEMSELVES ELSE, THEY ARE IDENTIFIED WITH THE ASSISTANCE OF INTERNAL CITY/COUNTRY PARTNERS FOR A SPECIFIC PURPOSE BASED ON THE ANTICIPATED SCOPE OF WORK. VITAL STRATEGIES THEN REVIEWS THE OPTIONS AND DECIDES WITH ASSISTANCE FROM ALL AFFILIATED PARTNERS, WHO IS THE BEST GRANTEE OPTION FOR THE SPECIFIC SCOPE OF WORK. PART I, LINE 3: THE ORGANIZATION USES THE ACCRUAL METHOD OF ACCOUNTING TO RECORD THE EXPENDITURES IN THE REGIONS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS A RESOURCE SHARING AGREEMENT WITH VITAL STRATEGIES, INC., WHICH PROVIDES FOR THE EXCHANGE OF GENERAL OPERATIONS, PROJECTS, ACTIVITIES AND PERSONNEL TO THE ORGANIZATION. THE ORGANIZATION INCURRED $481,942 OF EXPENSES DURING THE TAX YEAR FOR THESE SERVICES. FORM 990, PART VI, SECTION B, LINE 11B VITAL STRATGIES ACTION FUND, INC. ENGAGED AN OUTSIDE ACCOUNTING FIRM TO PREPARE THE FORM 990. IT IS THEN PRESENTED TO THE BOARD OF TRUSTEES FOR THEIR REVIEW. ANY QUESTIONS FROM BOARD MEMBERS ARE DIRECTED TO MANAGEMENT. ONCE ALL QUESTIONS ARE SATISFACTORILY RESOLVED, THE FORM 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C VITAL STRATEGIES ACTION FUND, INC. HAS A CONFLICT OF INTEREST POLICY THAT APPLIES TO BOARD MEMBERS AND OFFICERS. EACH BOARD MEMBER AND OFFICER MUST SIGN AND SUBMIT TO THE PRESIDENT AND CEO AND THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES A STATEMENT DISCLOSING THEIR AWARENESS OF THE POLICY AND DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST. THE STATEMENT MUST BE SUBMITTED UPON JOINING AND AT LEAST EVERY FIVE YEARS THEREAFTER. IN ADDITION, A CONFLICT OF INTEREST CHANGE FORM IS COMPLETED AND SIGNED ON AN ANNUAL BASIS TO DECLARE ANY CHANGE IN CONFLICT SITUATIONS. IF A POTENTIAL OR ACTUAL CONFLICT IS DISCLOSED AT ANY TIME, THE PRESIDENT AND CEO AND EXECUTIVE COMMITTEE REVIEWS THE MATERIAL FACTS AND CIRCUMSTANCES. IF IT IS ESTABLISHED THAT AN ACTUAL CONFLICT EXISTS, THE INDIVIDUAL WILL BE NOTIFIED IMMEDIATELY AND WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DISCUSSIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL THE CONFLICT IS RESOLVED. AT THE REQUEST OF THE PRESIDENT AND CEO AND EXECUTIVE COMMITTEE, THE INTERESTED PERSON MAY PROVIDE INFORMATION REGARDING THE TRANSACTION PRIOR TO THE DELIBERATIONS OF THE BOARD. ANY DISCUSSION REGARDING THE CONFLICT OF INTEREST TRANSACTION IS DOCUMENTED IN THE MINUTES OF THE BOARD MEETINGS, REFLECTING THE CONFLICT OF INTEREST THAT WAS DISCLOSED, THE NAME OF THE INTERESTED PERSON, AND THE FINAL DETERMINATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 AND AUDITED FINANCIAL STATEMENTS, AS WELL AS THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: LOSSES ON FOREIGN CURRENCY TRANSLATION -2,339.