2024-08-09T10:56:45-04:00 2022-12-31 205907840 Ketcham & Associates LLC 202 Mountain Avenue Westfield NJ 07090 990 2022-01-01 851478153 FUNGI FOUNDATION INC FUNG 224 WEST 35TH ST SUITE 500 NO 767 NEW YORK NY 10001 GUILIANA FURCI CHIEF EXEC DIRE 2122029655 2024-07-25 true Steven Ketcham CPA P01439801 9082324618 2024-08-09 2022 2024-08-08 14:25:15Z X X GIULIANA FURCI 224 WEST 35TH ST SUITE 500 NO 767 NEW YORK NY 10001 413399 false X FFUNGI.ORG X 2020 NY TO EXPLORE THE FUNGI TO INCREASE KNOWLEDGE OF THEIR DIVERSITY, PROMOTE INITIATIVE SOLUTIONS TO CONTINGENT PROBLEMS, EDUCATE ABOUT THEIR EXISTENCE AND APPLICATIONS, AS WELL AS RECOMMENDING PUBLIC POLICY FOR THEIR CONSERVATION. 6 6 2 6 0 0 541058 413399 0 0 1000 0 542058 413399 34555 110432 0 66065 91035 0 0 99703 257869 200323 459336 341735 -45937 377199 331985 5122 5845 372077 326140 TO EXPLORE THE FUNGI TO INCREASE KNOWLEDGE OF THEIR DIVERSITY, PROMOTE INITIATIVE SOLUTIONS TO CONTINGENT PROBLEMS, EDUCATE ABOUT THEIR EXISTENCE AND APPLICATIONS, AS WELL AS RECOMMENDING PUBLIC POLICY FOR THEIR CONSERVATION. false false 443504 112892 413399 KINGDOM FUNGI IS INDISPENSABLE TO EARTHS MANY ECOSYSTEMS AND THE ORGANISMS THAT INHABIT THE PLANET. OUR MAIN FOCUS IS ON RESEARCH, CONSERVATION, EDUCATION, EXPLORATION AND DEVELOPMENT OF FUNGI. THE ORGANIZATION ENVISIONS A HEALTHY PLANET IN WHICH FUNGI ARE RECOGNIZED AS THE INTERCONNECTORS OF NATURE. 443504 true true false false false false false false false false true false false false false false false false false true true true false false false false false false false false false false false false false false false false true false false false false false false false false true 1 0 true 2 true false false false false false false false false false false false false X 6 6 false false false false false false false true true false false true true true true true true true true false NY X X GIULIANA FURCI 2122029655 224 WEST 35TH ST SUITE 500 NO 767 NEW YORK NY 10001 GIULIANA FURCI CHIEF EXECUTIVE DIRECTOR 40.00 0.00 X 91035 0 0 NANCY TURNER DIRECTOR 1.00 0.00 X 0 0 0 JR RAHN DIRECTOR 1.00 0.00 X 0 0 0 PAUL STAMETS DIRECTOR 5.00 0.00 X 0 0 0 NATHALIE KELLEY SECRETARY 5.00 0.00 X X 0 0 0 JOANNA FOSTER CHAIR 20.00 0.00 X X 0 0 0 MICHELLE LOBO TREASURER 20.00 0.00 X X 0 0 0 91035 0 0 0 false false false 413399 40000 413399 413399 0 0 0 110432 110432 91035 91035 40000 40000 5027 5027 1959 1959 1606 1606 34214 27907 6307 2038 2038 4462 4462 Bank charges and fees 5033 5033 Contracted services 155863 155863 Dues and subscriptions 4787 4787 Gifts and support 2460 2460 420 420 459336 443504 15832 0 364642 323831 12557 10192 2038 8154 377199 331985 5122 5845 5122 5845 X 372077 326140 372077 326140 377199 331985 -45937 0 X false false false X 60660 541058 413399 1015117 60660 541058 413399 1015117 133188 881929 1015117 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10192 2038 8154 8154 true South America 14 Grant making GRANTS TO RECIPIENTS 113185 14 14 113185 113185 South America PROGRAM SUPPORT 100000 WIRE TRANSFER 0 Fair market value 1 false false false false false false Use of grant monitoring procedures (Part I, line 2) FUNGI FOUNDATION INC RECEIVES INVITATIONS TO COLLABORATE WITHORGANIZATIONS, PROJECTS AND PEOPLE. THESE INVITATIONS ARRIVE MAINLY BYEMAIL THROUGH AN INSTITUTION THAT REFERS TO US AS AN NGO THAT PROMOTESTHE STUDY AND PROTECTION OF THE ENVIRONMENT FOCUSED ON THE FUNGI KINGDOM.THE PRINCIPAL FOCUS OF THE FUNGI FOUNDATION IS NOT FINANCIAL COLLECTIONFOR THIRD PARTIES, SO IN CASE OF PROVIDING FINANCIAL SUPPORT TO THIRDPARTIES, THEY MUST BE WELL-KNOWN INSTITUTIONS OR PEOPLE WHO PRESENT AFORMAL PROJECT TO THE FOUNDATIONS BOARD. THIS PROJECT IS REVIEWED BY THEFINANCIAL TEAM AND EXECUTIVE MANAGEMENT, WHO, ONCE APPROVED, INTRODUCETHE INITIATIVE TO THE BOARD OF DIRECTORS. FINALLY, IT IS THE BOARD OFDIRECTORS WHO DECIDE IF THE PROJECT IS VIABLE OR NOT. THE INITIATIVES THAT HAVE THE SUPPORT OF THE FUNGI FOUNDATION COMMIT TOCOMPLY THEIR PROJECT AS AGREED. THEY SHARE THEIR ACHIEVEMENTS ANDEXPENSES REPORT WITH A SETTLED FREQUENCY. LASTLY, A FINAL PRESENTATION ISMADE WITH THE FINAL OUTCOME OF THE PROJECT, ITS COSTS AND IMPACTS FORSOCIETY. X Legal services 1 40000 FMV false true false Amended return information ORIGINAL RETURN HAS BEEN AMENDED TO REFLECT FINANCIAL DATA AND ADDITIONAL INFORMATION THAT WAS NOT AVAILABLE AT ORIGINAL TIME OF FILING. Form 990 governing body review Part VI line 11 FUNGI FOUNDATION, INC HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTINGFIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THEINFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEENPREPARED, REVIEWED BY THE TREASURER AND IS READY TO BE FILED WITH THEINTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FORAPPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THEINTERNAL REVENUE SERVICE. Conflict of interest policy compliance Part VI line 12c THE ORGANIZATIONS CONFILCT OF INTEREST POLICY APPLIES TO THE ORGANIZATIONSBOARD OF DIRECTORS. THE ORGANIZATION MONITORS ITS POLICY EACH YEAR BYHAVING THE BOARD DIRECTORS DICLOSE THIS IN THE BOARD MEETINGS. THEPROCEDURES FOR WHEN A CONFLICT OF INTEREST ARISES IS THE DIRECTOR OROFFICET MUST TAKE THIS MATTER UP TO THE BOARD OF DIRECTORS AND THEDISINTERETED DRECTORS SHOULD DETERMINE WHETHER IT IS IN THE BEST INTEREST. CEO executive director top management comp Part VI line 15a THE CHIEF EXECUTIVE OFFICERS COMPENSATION IS DETERMINED AND APPROVED BYTHE BOARD OF DIRECTORS BY USING COMPENSATION INFORMATION OF COMPARABLYSIZED NOT-FOR-PROFIT ORGANIZATIONS. THIS PROCESS IS CONDUCTED ON AN ANNUALBASIS AND DOCUMENTED ON THE BOARDS MINUTES. Other officer or key employee compensation Part VI line 15b COMPENSATION OF EMPLOYEES IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS BY USING COMPENSATION INFORMATION OF COMPARABLY SIZED NOT-FOR-PROFIT ORGANIZATIONS. THIS PROCESS IS CONDUCTED ON AN ANNUALBASIS AND DOCUMENTED ON THE BOARDS MINUTES. Governing documents etc available to public Part VI line 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION ASREQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN ISALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. INADDITION, THE FORM 1023, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY,ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTENREQUEST.